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  1. #1

    Bakken Oil Reserve

    Here's an interesting read, important and verifiable information :

    About 6 months ago, the writer was watching a news program on 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 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:

    http://bakkenshale.net/bakkenshalemap.html

    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 ****yst.

    "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 m***ive 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. Think OPEC just
    might be funding the environmentalists?

    --------

    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

  2. #2
    This is good news, we will need all we can get in the fiture.

  3. #3

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