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Got this in an E-mail......I hope its true!

Discussion in 'Off-Topic Discussion' started by chris4x4, Aug 29, 2009.

  1. Aug 29, 2009 at 8:37 AM
    #1
    chris4x4

    chris4x4 [OP] With sufficient thrust, pigs fly just fine. Moderator

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    Here's an interesting read




    Also if I may add, about 6 months ago I was watching a news program on

    oil and one of the Forbes Bros. was the guest. This is out of context,

    but this is the actual question as asked. 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 ('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

    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 2041 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. 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, - it has to. Think

    OPEC just might be funding the environmentalists?

    Got your attention/ire up yet? Hope so! Now, while you're thinking

    about it .... and hopefully P.O'd, do this:




     
  2. Aug 29, 2009 at 8:40 AM
    #2
    98tacoma27

    98tacoma27 is gooder 'en chicken Moderator

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  3. Aug 29, 2009 at 8:45 AM
    #3
    chris4x4

    chris4x4 [OP] With sufficient thrust, pigs fly just fine. Moderator

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    Thanks, Ben .:eek:
     
  4. Aug 29, 2009 at 8:50 AM
    #4
    rb11701

    rb11701 Oh yeah!

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    Crazy stuff there. I bet they knew it was there. The line of people with someone else's hand in thier pocket's goes on a long, long way. If we decided to stop getting our oil from current sources, alot of rich and powerful people would be taking a major hit. Too many of them with too many of the good 'ol boys riding our backs to the bank. Makes me sick. Sorry for my rant lol.
     
  5. Aug 29, 2009 at 9:07 AM
    #5
    Pster

    Pster Well-Known Member

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  6. Aug 29, 2009 at 11:05 AM
    #6
    Krazie Sj

    Krazie Sj Resident Jackass

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    Oil companies can spend less money drilling over seas and get a higher price for it due to danger, and they always have a ready lie if they need to see revenues jump. Oh trouble in the middle east, better jump the price by 5-10cents a liter. Thanks ass fucks.

    No, it'll be a long cold day in hell before they come back home to roost.
     
  7. Aug 29, 2009 at 11:13 AM
    #7
    kroggy

    kroggy Well-Known Member

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    It's true about the Bakken, there's a ton of oil. But the problem is they aren't punching holes in the ground. We have some mineral rights in that area, and they have paid on a lease for surface use to punch a hole in the ground, but when the price on oil dropped last year, they quit all development on it.
     
  8. Aug 29, 2009 at 11:27 AM
    #8
    Pster

    Pster Well-Known Member

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    Much of the remaining oil reserves in the US is only recoverable using secondary and tertiary recovery techniques - water and nitrogen injection, etc. - which are much more expensive. I am one that doesn't hate oil companies. It is in their interest to find as much oil and gas reserves as possible to ensure their future supply. Then they will pump it and sell as much of it as possible without "over producing" their reservoirs to maximize their profits. The amount produced and sold is dependent on (1) Reserve Supply, (2) Usage Demand, (3) Tax, Regulatory and Political Considerations in locating and producing, and (4) Production Rates to preserve reservoir extraction maximization. No one hated the oil companies until the price of oil and gas rose......I guess that's human nature. I hate unions because they cause the cost of things I buy to be higher than they would be without unions. We all hate higher prices, it's just a given of human nature.
     
  9. Aug 29, 2009 at 11:50 AM
    #9
    Krazie Sj

    Krazie Sj Resident Jackass

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    Not to mention the states might as well exploit foreign oil while they can and hoard what they have at home, just in case foreign oil does get cut off completely.
     
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