(11 unread) Yahoo! Mail, shelley9595

There's a new letter going around claiming that we have trillions of barrels of oil under our feet here in America.  Who ever sent it out, obviously didn't read the link on the new report released in April, that they refer to in this email.  First my response.

Somebody's lying.  I just went to the U.S. geological services page and they have an april 2008 report but it says:
http://pubs.usgs.gov/fs/2008/3021/
http://pubs.usgs.gov/fs/2008/3021/pdf/FS08-3021_508.pdf
http://www.usgs.gov/newsroom/article.asp?ID=1911
"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!

 

"A small group of thoughtful people could change the world. Indeed, it's the only thing that ever has."
Margaret Mead

Original letter:

Subject: US Oil Reserves

FYI

 

OK Congress the cat is out of the bag...it is time for you to get of your back sides and gfet us some cheaper oil!

 

Rev. Hollis Stanford
CWO US Army, Retired
16150 Early Lane
Lebanon, Missouri 65536
oldguy@fedweeknet.com

 

Sent: Tuesday, August 26, 2008 7:24 PM

Subject: US Oil Reserves

1. Ever heard of the Bakken Formation?

 

GOOGLE it or follow this link.  It will blow your mind. 

http://www.usgs.gov/newsroom/article.asp?ID=1911

 

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

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 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.

 

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