The Calgary Fields are oil sand.... the same as The Bakken field. http://en.wikipedia.org/wiki/Tar_sands
c'mon keith... even wiki has this one. On Tue, Mar 24, 2009 at 12:34 PM, Keith In Tampa <[email protected]>wrote: > Apples and oranges.....The Bakken formation is oil shale, as is the Alberta > Oil Sands, neither of which are currently being developed.... > > > > On Tue, Mar 24, 2009 at 2:31 PM, THE ANNOINTED ONE > <[email protected]>wrote: > >> >> 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. >> >> >> -- Mark M. Kahle, , www.filacoffee.com --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
