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Monday, February 7, 2011

OIL~And u Had Better Sit Down

*Subject:* OIL---

 You better be sitting down when you read this !
 Here's an astonishing read. Important and verifiable
 information :
 About 6 months ago, the writer was watching a news program  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 arevised 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
 billionbarrels. 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

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