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View Full Version : Just something to read while gas prices go up.



ZeroLogic
06-19-2009, 02:43 PM
Got this from another forum.



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. 2. 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. 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/ire up yet? Hope so! Now, while you’re thinking about it … and hopefully P.O’d, do this: 3. 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. 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

k4f5x0r
06-19-2009, 05:12 PM
i bet theyre saving all of that oil for when our economy explodes and all the other countries decide to try to take us over.

kinda like korea :o

LTRracer4
06-19-2009, 05:18 PM
Was i the only one to read this? What do you guys think? legit or not? I think one view of the enviromentalists is that if we have an oil shortage scare then we will look at alternative maybe cleaner sources, thus lessoning the impact on the enviroment. If us selfish americans realise we have all this oil to last us atleast through our lives then we will use it up freely and continue to harm the enviroment. Im a selfish person in this sense. Odds are good the enviroment will out live me. i say tap some oil, lower the prices, and lets all go to texas and florida to train over the winter!:devil:

derekhonda
06-19-2009, 06:57 PM
not legit, go to snopes

06-19-2009, 07:21 PM
Originally posted by derekhonda
not legit, go to snopes

Yeah, but the government works in weird ways to persuade the mass public, and willing to do whatever it takes to train us to think that way.
For all we know snopes is a bunch of liberals, and of course would call that false.

I know it's true, there's been more then one study on it. We have more oil in the US then Saudi Arabia does.