“By the way...this seems to be true. Check it out at the link below!!!
About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest.. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together." Please read below.
The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana ..... check THIS out:
The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, we're looking at a resource base worth more than $5..3 trillion.
"When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.
"This sizable find is now the highest-producing onshore oil field found in the past 56 years," reports The Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.' It stretches from Northern Montana, through North Dakota and into Canada . For years, U. S. oil exploration has been considered a dead end. Even the 'Big Oil' companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves..... and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!
That's enough crude to fully fuel the American economy for 2041 years straight. And if THAT didn't throw you on the floor, then this next one should - because it's from 2006!
U. S. Oil Discovery- Largest Reserve in the World
Stansberry Report Online - 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?
They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates:
- 8-times as much oil as Saudi Arabia
- 18-times as much oil as Iraq
- 21-times as much oil as Kuwait
- 22-times as much oil as Iran
- 500-times as much oil as Yemen
- and it's all right here in the Western United States .
HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy.....WHY?
James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don't think 'OPEC' will drop its price - even with this find? Think again! It's all about the competitive marketplace, - it has to. Think OPEC just might be funding the environmentalists?
Got your attention yet? Now, while you're thinking about it, do this:
Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time you complain about gas prices - by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.
By the way...this is all true. Check it out at the link below!!!
GOOGLE it, or follow this link. It will blow your mind.
But there's lot's more to this than meets the eye and than this email perhaps wants you to know - the email being forwarded to everyone today simply ignores and leaves out the most important and pertinent parts. But, such is the way of ’Free Market’ mega-corporations today.
The email's subject actually refers to 'shale oil & gas' which is oil & gas mixed in shale, sand and rock and we’ve known about this stuff for decades. it is nothing new, except for the extraction technology. (just Google 'Brakken' + ‘Shale’)
Getting at this stuff is very expensive and usually (80% of the time) involves 'Fracking' (Yeah, I know, it's a peculiar word - but it refers to 'Hydraulic Fracturing' - but is perhaps more suggestive of what it really is. I recently wrote a blog entry on it). It is expensive, and environmentally potentially devastating to ground water supplies. That's why the big energy companies are now on an all-out push to make fracking acceptable - hence this email which I strongly suspect is a part of their public relations campaign. They have the audacity, to suggest, nay, actually SAY, it is part of a conspiracy by Saudi Arabian oil interests and environmentalists! Totally Fracking ridiculous!
(I'm an environmentalist myself and I've still not seen any check from Prince Abdullah. Maybe I should dun him?)
But, there is definitely a conspiracy - by big oil companies to keep ripping off everyone in sight for as long as they possibly can. (Exxon-Mobil posted $45.2 BILLION in profits in 2008 - but is well off that for '09 - as are most of the rest of us). That's why energy companies deny climate change and block everything they possibly can in renewable energy sources, mass transit, etc. They've got most legislators in both parties by the short hairs with campaign money, and have managed to have their way since almost forever. After the most recent Supreme Court decision on corporate 'Free Speech' they pretty well have carte blance now too. Now, in fact FOREIGN corporations can legally support any political agenda they wish so long as they operate in the USA! Un-fracking believable!
And judging by their past history, energy companies will continue to corrupt Congress and our system until they figure out a way to get a monopoly and charge a fee for bio-energy, rainfall and sunlight. Trashing groundwater supplies over vast areas won't matter one whit to them. Never has before, so why should it now?
One interesting side note to this is the fact that Exxon-Mobil has a purchase bid in for XTO - a company with fracking technology and shale oil/gas drilling rights - but conditioned their purchase offer on retaining the oil industry exclusion from the Clean Water Act. That reprehensible exclusion is now under attack in Congress, as well it should be.
Doncha just wish that people and countries and corporations could just tell it like it is for once? I get so weary and tired of all the deceit.