Sunday, September 21, 2008

EVER HEARD OF THE BAKKEN FORMATION?

DEMOCRATS ARE STOPPING USE OF BIGGEST OIL FIELD IN THE WORLD - IT'S IN THE USA!! I would guess that one reason is that certain people don't want us to be energy independent or for our economy to truly flourish. The Democrat "No Domestic Energy Policy!" No domestic drilling. No new refineries. No new nuke plants. No new dams for hydro-electric. No coal. No shale. Deplete the SPR (strategic Petroleum Reserves). Let Iran get nukes. Let Iraq fall to Iranian domination. No Canadian tar sands oil. All of that puts the U.S. in a position that war for oil or complete economic collapse will be our only choices. You can't frustrate every source of domestic energy without consequences. Our enemies will blackmail us to the extent that we are vulnerable to blackmail. The Democrats are leading us into a real war for oil. A war we won't have the energy to fight. A war we don't need to fight because we have our own resources. Obama, who insists he is against war, if elected, will head the Democrats from the White House, who are ensuring we HAVE TO have war. What hypocrisy. GOOGLE it or follow this link. It will blow your mind. http://pubs.usgs.gov/fs/2008/3021/ Two pages in pdf format. (4.10.08) Later survey (four pages in pdf format): Http://www.usgs.gov/newsroom/article.asp?ID=1911 7/23/08 The U.S. Geological Service issued a report in April ('08) that only scientists and oilmen 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 ha s 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, people!] 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 is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. 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 a s 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 democrats, environmentalists and left wing republicans have blocked all efforts to help America become independent of foreign oil. 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. [Got your attention/ire up yet? Hope so! Now, while you're thinking about it ... and hopefully P.O'd, do this: 3. Take 10 minutes and compose an e-mail; fax or good old-fashioned letter to all your friends and associates. Alert them to the fact that democrats and 'liberal' republicans have been and will continue to obstruct all plans to make America independent of foreign oil. The only solution is to vote all democrats and Marxist oriented republicans out of office. 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 everyone of you sent this to everyone in your address book. Alan Note: Snopes labels this as partly true. The probable discrepancy is the $16 per barrel price as extracting shale oil would cost more -BUT not as much as the money we are paying to Middle East countries. If we begin diverting some of this expenditure into an investment - right away - into extracting this bountiful oil inside our borders and escalate the investment as this oil flows, we can not only solve part of our fiscal challenges but also fight terrorism funding from the Billions we now send to the Middle East for their oil. FOR A DETAILED LOOK AT THE BAKKEN FORMATION CLICK HERE TO READ

2 comments:

GhostDance said...

OK, well...I've read all the links and I still only see 3.65 billion barrels of oil, and half that if you're talking recoverable reserves.

Oh, and "James Bartis" isn't listed as the project lead. In fact, if you Google his name, he seems to exist only as the subject for the same anecdotal claim that is quoted, in identical words, everywhere on the 'Net EXCEPT the government-issued reports.

Dream on. This is being drilled, the Dems aren't preventing it,,,and it's smaller than ANWR.

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