|
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
Just
poking around the Internet recently, I simply "Googled" the
search "Untapped U.S. Oil Reserves," and the result (like
the current price of a gallon of gas - BLEW ME AWAY! Go ahead, take a
minute and see for yourself! Never mind, I'll share some of the
highlights I found.
1. Ever heard of the Bakken Formation?
GOOGLE it. I did, and again, BLEW my mind. The U.S. Geological
Service issued a report in April ('08) that only scientists and
oilmen/women 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, 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. What the!? 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:
o
8-times as much oil as Saudi Arabia
o 18 times as much
oil as Iraq
o 21 times as much oil as Kuwait
o 22 times as much oil as Iran
o 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 we've not DEMANDED Legislation to come out of Washington
allowing its extraction, that's 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 "Big Oil" will drop its price - even with this find?
Think again! It's all about the competitive marketplace, and if they
can extract it (here) for less, they can afford to sell it for less -
and if they DON'T, others will. It will come down - it has to.
Got
your attention fired up yet? Hope so! Now, while you're thinking
about it ... and hopefully P.O'd, do this:
3. Take 5-10
minutes and compose an e-mail; fax or good old-fashioned letter to
our elected officials in Washington ... and their respected leaders.
We'll start with them, and here's how you can send them your
e-mail/fax, DEMANDING the immediate Legislation/an Energy PLAN that
calls for tapping into these (OUR OWN!) Reserves, as well as allowing
for the offshore drilling for OUR oil, in OUR offshore waters and
Inter-continental shelf ... not to mention Alaska. Technology ain't
what it used to be people (ever had arthroscopic surgery?). They can
surgically extract OUR oil, and get us on the way to at least some
measure of Energy independence.
And That's The National Word !
|
WOW
Obama will do more for us because he's a...
As a Black Man I have often felt his dre...
This is quite arguably one of the best s...
Who of those who have died for our freed...