LOTS OF OIL in USA MORE THAN ANYWHERE

2010-04-22

Richard Moore

Bcc: contributors
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Begin forwarded message:


From: anita sands
Date: 22 April 2010 11:26:44 IST
Subject: LOTS OF OIL in USA MORE THAN ANYWHERE

THERE IS ABUNDANT OIL in the USA now. The OIL CORPS WANT YOU TO FEAR SCARCITY and BELIEVE THERE ARE LIMITS SO THAT YOU WILL PAY MORE NOW!

About 6 months ago, this 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.”

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:

http://bakkenshale.net/bakkenshalemap.html

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.

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

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



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