Thanks Rich. This ought to give the GE engineers something to think about as
they avoid thinking about the global climate change and the hazards of
continuing & expanding fossil fuel use.
best
Tony

On Wed, Dec 2, 2009 at 11:46 PM, Rich Bernstein <[email protected]> wrote:

> A very similar chain letter is covered on snopes:
>
> http://www.snopes.com/politics/gasoline/bakken.asp
>
> The gist is that the first part, about the Bakken oil, is off by a
> factor of 100, it's around 3.65 billion barrels, not 500 billion.  The
> link at the end of the email is for a USGS press release, and the
> correct estimate is given there.  Also, the oil in this formation is
> not easy to recover; it requires hydrofracking.  For more info, just
> follow the USGS link at the bottom.  I recommend reading the FAQ too
> for more clarification.
>
> The second part is about a shale oil reserve, specifically the Green
> River Formation.  Shale oil is not the same thing as crude oil.  It
> is neither shale nor oil.  Basically, you have to heat the rock to get
> out something resembling oil.  It came from an ad for an investment
> newsletter, i.e. if you subscribe they tell you what companies to
> invest in to "get rich."
>
> Again, the links to read are:
>
> http://www.snopes.com/politics/gasoline/bakken.asp
> http://www.usgs.gov/newsroom/article.asp?ID=1911
>
> --
> Rich
>
> 2009/12/2 Tony Del Plato <[email protected]>:
> > Dear TC Sustainers:
> > Though this is not about our region, but it's a big enough story that
> needs
> > a response. So, if you're interested and knowledgeable about this "stash
> of
> > oil" in the American midwest, please contact me off list. This is being
> > circulated by a group of GE engineers who have contempt for
> > "environmentalists." One of them is an old friend who likes playing
> "devil's
> > advocate."
> > Thanks
> > Tony Del Plato
> >
> >
> >
> > *Subject:*  OIL - you better sit down. (Please see info at link below)
> >
> >
> >   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:
> >
> >  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..'  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.  And if THAT didn't throw you on the floor, then this next one
> > should - because it's from2006!
> >
> >  U. S. Oil Discovery- Largest Reserve in theWorld
> >
> >  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 yet?  Now, while you're thinking about it, do this:
> >
> >  Pass this along. If you don't take a little time to do this, then you
> > should stifle yourself the next time you complain about gas prices - by
> > doing NOTHING, you forfeit your right to complain.
> >
> >  Now I just wonder what would happen in this country if every one of you
> > sent this to every one in your address book.
> >
> >  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
> _______________________________________________
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-- 
There is an evil tendency underlying all our technology - the tendency to do
what is reasonable even when it isn't any good.
 - Robert Pirsig
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