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AMERICAN OIL RESERVES ENOUGH TO POTENTIALLY ELIMINATE ALL
AMERICAN DEPENDENCE ON
FOREIGN OIL FOR 2041 YEARS
By: Anonymously
Posted: 02/29/12
I saw something GOOD on TV on Friday, 02/24/12 about drilling in the states. By the way, this can be verified. Check it out at the link below !!!!!!http://www.usgs.gov/newsroom/article.asp?ID=1911
Cruz Construction: http://www.cruzconstruct.com/services.php OIL. Cruz Construction started a division in North Dakota just six months ago.- They sent every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers.
- They just bought 2 new Kenworth's to add to that fleet; one being a Tri Drive tractor and a new 65-ton lowboy to go with it.
- They also bought 2 new cranes (one crawler & one rubber tired) for that division.
- Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years.
Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available. Unemployment in ND is the lowest in the nation at 3.4 % last I checked. Do you see anything in the national news about how the oil industry is fueling North Dakota's economy? Not much. Some on the natural gas find.
About six months ago, a 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."The U. S. Geological Service issued a report in April 2008 that only scientists and oilmen knew what 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 (5 billion barrels), 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.
(Continue On Next Column)
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AMERICAN OIL RESERVES ENOUGH TO POTENTIALLY ELIMINATE ALL
AMERICAN DEPENDENCE ON
FOREIGN OIL FOR 2041 YEARS
By: Anonymously
Posted: 02/29/12
Continued From Previous Column
"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. 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. 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 - 04/20/06:
http://www.rumormillnews.com/cgi-bin/archive.cgi/noframes/read/87888
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 mother load of oil, why are we still fighting over offshore drilling?
They reported this stunning news in which, 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: Alert Americans; email this information to your family, friends, and business associates. Make Americans aware; make the world aware.
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THE DEPARTMENT OF ENERGY
Provided By: Rellis Smith
Posted: 10-27-11
Does anybody out there have any memory of the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter Administration?
The "Department of Energy" (DOE) was instituted on 08/04/77 to LESSEN OUR DEPENDENCE ON FOREIGN OIL…and now it's 2011, 34 years later and the budget for this necessary department is at $24.2 billion a year. It has 16,000 federal employees and approximately 100,000 contract employees.
Bottom line ..
- We've spent several hundred billion dollars in support of an agency ...
- It was a very simple purpose and at the time everybody thought it was very appropriate...
- And look at the job it has done!
This is where one slaps one's forehead and say, "what was I thinking"?
Ah, yes, good old bureaucracy and now we are going to turn The Banking System, Health Care & The Auto Industry over to government ALL IN THE NAME OF CHANGE?
May God Help Us !!!
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