U.S. Oil Reserves

ronsroom1

New member
Just some LITE READING that a friend sent me....Ron :D

GOOGLE it or follow this link. It will blow your mind.

http://www.usgs.gov/newsroom/article.asp?ID=1911

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 fore ign 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 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 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!

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.

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Don't think 'OPEC' will drop its price -even with this find? Think again! It's all about the competitive marketplace, - it has to.
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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.
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Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.

http://www.usgs.gov/newsroom/article.asp?ID=1911
 
We're also being told that using our abundant coal resources is verboten as well. Eastern Montana and Wyoming are loaded with coal, but it offends the delicate sensibilities of the people who think that electricity and the food on their store shelves is produced and arrives by magic somehow. Hey, I put the plug in the outlet in the wall and the electricity just magically comes out, and the food on the store shelves is just there. Isn't it?

A whole lot of people don't seem to understand what's involved in generating and delivering electricity, or food, or clothes, or anything else. They want clean(er) air and water and everything else, and they mostly don't remember 30 and 40 years ago when things were dirty. They never drove on US 10/I-90 across northern Idaho when the water in the streams was bright orange and nothing grew along the banks like it does now with cleaned up water and air.

I'm not advocating going back to the old days and old ways where we polluted with no thought. But we've gotten well past that and people are still raising a stink like the air was unbreathable and the water was loaded with toxins and pollutants. We've gotten to the point that we aren't allowed to do anything for fear that someone will be offended. It's usually people who don't live within a thousand miles of where the electricity is being generated or the coal is being mined or the oil is being pumped who are complaining about it too. When we don't have the electricity or food or fuel we need maybe the whackos will wake up, but I doubt it. "We've got to stop climate change and keep things just the way they are", or better yet make the climate like it was 50 or 60 years ago, to which I can only say good luck fellas. If they'd been around 10,000 years ago they'd have been complaining about the end of the last ice age too. Can't make 'em happy no matter what ya do. :eek::mad::mad:
 
Don't confuse me, I'm still trying to figure out what "green" jobs are, I keep waiting to see aliens working at MickeyD's.
 
Tim, me man, ya goes down to the nearest place what sells paint and buys yerself a huge bucket o Kelly Green paint and a big brush, and there ya are, a "green job". If that's not what they're talkin' about I'm lost too....
 
I worked on the Gallatin Natl Forest in Bozeman MT for about eight years, ending in about 1986.

Even at that time, the Williston Basin was known as the major petroleum resource in Montana and neighboring states.

I guess the only shocking news here is the extent of the reservoir.

The idea of the Williston Basin as an oil stratum, touted as "front page news" in the posting, is about three decades old. Probably decades more.

I am very happy they apparently have found considerable additional resources there.

Bear in mind . . . . is is "recoverable"?
 
Tim, me man, ya goes down to the nearest place what sells paint and buys yerself a huge bucket o Kelly Green paint and a big brush, and there ya are, a "green job". If that's not what they're talkin' about I'm lost too....

How's everything in Billings? Not a bad town. Used to fly in there for years, first head over to Paradise valley to fish the creeks and then down to Fort Smith for a few days on the Horn. Now been heading up to Great Falls, mostly fishing the Missouri in July, great country, nice people, the whole state.
 
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