Sunday, February 21, 2010

US Has More Oil Than The Entire Middle East

US Has More Oil Than The Entire Middle East
Did “Environuts” censor this Information?

(Received this by e-mail. Checked the link and it is legitimate. The author is unknown to me.)
Enough is enough. Americans are tired of being lied to about the availability of crude oil.

So – how much oil DOES America actually have, I mean, within the borders of the US -- not counting that off shore along our coastal shelf? Read on!

J. D. Longstreet
Here's an interesting read. This is important and verifiable information: About 6 months ago, the writer was watching a news program on oil andOne of the Forbes Bros. Was the guest. The host said to Forbes, "I am going toAsk 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, "moreThan 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 2,041 years straight.

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: Tell your friends about this. 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.

Check it out at the link below!!! GOOGLE it, or follow this link. It will blow your mind.



TexasFred said...

Take note of the date of my post, this has been around a while...

Ever heard of the Bakken Oil Formation?

Rev. Paul said...

There is a second oil field under Alaska's north slope, which contains more oil & gas than the original. Congress won't let the oil companies touch it.

Frank said...

Congress let the restrictions on drilling expire.