Oil - PLEASE TAKE THE TIME TO READ THIS...

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The U. S. Geological Service issued a report in April ('08) that only scientists and oil men
knew was coming, but man was it big.


It was a revised report (hadn't been updated since '95) 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.' And 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 41 years straight.

And if THAT didn't throw you on the floor, then this next one should -because it's from TWO
YEARS AGO!


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 is more than 2 TRILLION barrels.


On August 8, 2005 President Bush mandated its extraction.

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!


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.

Got your attention/ire up yet? Hope so!
Now, while you're thinking about it .... and
hopefully P.O'd, 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 want to complain about gas prices.. because by doing NOTHING, you've forfeited 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.


GOOGLE it or follow this link. It will blow your
mind.


http://www.usgs.gov/newsroom/article.asp?ID=1911

http://www.usgs.gov/newsroom/article.asp?ID=1911
 
This is pretty interesting stuff, I've read about it before.
The Rocky Mountain oil is 'shale oil,' very deep and difficult to recover, Pres. Bush tried to get this in motion a few years ago, '03 I think, but none of the big oil guys were interested in putting any venture capital in it.

We'd better be careful foreign interests don't grab it up, because they certainly would if the opportunity was there!! And if you think we're screwed now, it would get much worse in a hurry!
 
I don't want to see the planet ruined, but if this is true, and we're paying towelheads for oil we have in our own back yard - someone should be shot!
 
well we use up, there oil first before we drill and pump ours brilliant
 
I would be thinking more along the lines that our greedy and corrupt government is holding this reserve not for us but for sale.
With the price of gas slowly going back up again , the gov. is once again testing us on just how much we are willing to pay for it.
I`m sure that they know all about this and they don`t give a damn about you or me.It`s all about the money (their money).:damn angry:
 

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