Not "news" at all. On Mar 24, 9:43 am, Philobealo <[email protected]> wrote: > GOOGLE it, or follow this link. It will blow your mind. > > http://www.usgs.gov/newsroom/article.asp... > <http://www.usgs.gov/newsroom/article.asp...> > > 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. How ever, 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. > > ---- > Don't think 'OPEC' will drop its price - even with this find? > > Think again! It's all about the competitive marketplace, - it has to. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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