Somebody's lying. I just went to the U.S. geological services page and they have an april 2008 report but it says:
"Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated/dissolved natural gas, and 148 million barrels of natural gas liquids in the Bakken Formation of the Williston Basin Province, Montana and North Dakota."
That's more than the '95 estimate but it is far from all those over blown numbers comparing us to the Middle Ease. When you consider that in America we use 7 billion barrels of oil per year, this equates to about half a year of oil. The natural gas looks very good though. If we can do this without flattening the Rockies, let's go!
Subject: US Oil Reserves
CWO US Army, Retired
16150 Early Lane
Lebanon, Missouri 65536
1. Ever heard of the Bakken Formation?
GOOGLE it or follow this link. It will blow your mind.
The U.S. Geological Service issued a report in April ('08) that only scientists and
oilmen 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
'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 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, people! 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 democrats,
environmentalists and left wing republicans 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.
Got your attention/ire up yet? Hope so! Now, while you're thinking about it ... and
hopefully P.O'd, do this:
3. Take 10 minutes and compose an e-mail; fax or good old-fashioned letter to all
your friends and associates. Alert them to the fact that democrats and 'liberal'
republicans have been and will continue to obstruct all plans to make America
independent of foreign oil. The only solution is to vote all democrats and Marxist
oriented out of office.
If you don't take a little time to do this, then you should stifle yourself the next
time you want to complain about gas prices .. because by doing NOTHING, you've
forfeited your right to complain.
No virus found in this incoming message.
Checked by AVG.
Version: 7.5.524 / Virus Database: 270.6.9/1635 - Release Date: 8/26/2008 7:29 AM