Re: [Biofuel] Fwd: HSI e-Alert - On January 1st, the Area 181 oil boom begins...

2006-08-07 Thread bob allen
To put the AREA 181 in perspective, the estimated 1.3 billion barrels of oil 
represent about two 
months supply in the US, based on current consumption of about 20 million 
barrels of oil per day. 
Reality doesn't square with the statement below that



Kirk McLoren wrote:

snip

 There’s enough oil there, according to the U.S. Commerce Department,
 to fuel every bus, van, car and SUV in the entire United States for
 at least the next 17 years. And enough gas, according to/ The/
 /Washington Post/, “to heat every home in the United States for the
 next 80 years.”
 In Area 181 alone, the /Washington Post/ estimates there are 1.3
 billion barrels of oil and 5.8 trillion cubic feet of natural gas.
 That’s why, according to the U.S. Minerals and Management Service
 (MMS), Area 181 “received more than twice as many expressions of
 interest from the [energy] industry of any other area...”
 Anadarko Oil chairman Robert Allison said of Area 181: “We’ve been
 peering over the fence for the past 13 years -- and at last we’re
 being allowed inside.”
 The geological analysis has been done. The companies involved know
 exactly where the oil is...
 And when these bans expire, Area 181 will become the most profitable
 oil property in the U.S. for decades to come.
 Anadarko is one of three major U.S. oil companies that won
 government bids for drilling leases in Area 181.
 
 
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=
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Re: [Biofuel] Fwd: HSI e-Alert - On January 1st, the Area 181 oil boom begins...

2006-08-07 Thread Mike Redler

(IMO) it looks like a numbers game. They mention the number of barrels 
and how long it would power every bus, van, car and SUV but neglected 
to mention everything that consumes that 20 million barrels.

Is this possible or are they just lying?

- Redler


bob allen wrote:
 To put the AREA 181 in perspective, the estimated 1.3 billion barrels of oil 
 represent about two 
 months supply in the US, based on current consumption of about 20 million 
 barrels of oil per day. 
 Reality doesn't square with the statement below that



 Kirk McLoren wrote:

 snip

   
 There’s enough oil there, according to the U.S. Commerce Department,
 to fuel every bus, van, car and SUV in the entire United States for
 at least the next 17 years. And enough gas, according to/ The/
 /Washington Post/, “to heat every home in the United States for the
 next 80 years.”
 In Area 181 alone, the /Washington Post/ estimates there are 1.3
 billion barrels of oil and 5.8 trillion cubic feet of natural gas.
 That’s why, according to the U.S. Minerals and Management Service
 (MMS), Area 181 “received more than twice as many expressions of
 interest from the [energy] industry of any other area...”
 Anadarko Oil chairman Robert Allison said of Area 181: “We’ve been
 peering over the fence for the past 13 years -- and at last we’re
 being allowed inside.”
 The geological analysis has been done. The companies involved know
 exactly where the oil is...
 And when these bans expire, Area 181 will become the most profitable
 oil property in the U.S. for decades to come.
 Anadarko is one of three major U.S. oil companies that won
 government bids for drilling leases in Area 181.

 


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[Biofuel] Fwd: HSI e-Alert - On January 1st, the Area 181 oil boom begins...

2006-08-05 Thread Kirk McLoren
HSI - Jenny Thompson [EMAIL PROTECTED] wrote:On Jan. 1st, the Area 181 Oil Boom Begins   It’s the largest, most coveted oil property in North America... and four government-authorized companies stand to make a fortune. Dear Reader,  For the last two decades, most of America’s greatest oil property has been
 off limits.  This property is known as Area 181 -- roughly six million acres of deepwater in the Gulf of Mexico.On January 1, 2007, federal leasing bans on parts of the most resource-rich part of Area 181 expire.   You see, Area 181 is the most coveted trophy in the U.S. oil industry.  According to The Wall Street Journal, “Area 181 is prized by oil companies, because it is near wells that are
 already producing.”   And The New York Times observed that “timely action in Area 181 and beyond could bring relief to the nation’s energy needs and perhaps lower fuel costs for consumers.”   Area 181 lies on the Outer Continental Shelf -- the offshore deepwater that surrounds the entire U.S. coastline.   There’s enough oil there, according to the U.S. Commerce Department, to fuel every bus, van, car and SUV in the entire United States for at least the next 17 years. And enough gas, according to The Washington Post, “to heat every home in the United States for the next 80 years.”   In Area 181 alone, the Washington Post estimates there are 1.3 billion
 barrels of oil and 5.8 trillion cubic feet of natural gas. That’s why, according to the U.S. Minerals and Management Service (MMS), Area 181 “received more than twice as many expressions of interest from the [energy] industry of any other area...”   Anadarko Oil chairman Robert Allison said of Area 181: “We’ve been peering over the fence for the past 13 years -- and at last we’re being allowed inside.”  The geological analysis has been done. The companies involved know exactly where the oil is...  And when these bans expire, Area 181 will become the most profitable oil property in the U.S. for decades to come.  Anadarko is one of three major U.S. oil companies that won government bids for drilling
 leases in Area 181. 
	
	
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