Oil, Oil and More Oil

By , July 22, 2011 7:05 pm

 

OIL—you better be sitting down when you read this!!

You “will” pay $5 a gallon + again and you won’t complain loud enough
to make a difference, RIGHT!

Here’s an astonishing read. Important and verifiable information:

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.

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

Guess what? The democrats took control of the house and senate in
2006. Amazing isn’t it?

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