Here's some interesting stuff

Also if I may add, about 6 months ago I 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 ('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. 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.


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. 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?

Source
Wikki

[edit on 3-11-2009 by dthwraith]

Hope this is the right spot if not MODS please move.

I don't know if this is true or not, got it today in a email and thought I'd pass it along to all of you. Maybe someone here knows more about this. If it's true then why the hell don't we tap into it!!??

I'm sure a lot of people here on ATS reading this already know about Alaskan oil, offshore oil, alternative (suppressed) energy, more efficiency, etc, etc...

The answer to "WHY?" is, money & power, world control, etc... It's sad but true.

I am sure we will have some start to deny this. I have done research on the oil in Alaska that we already have tapped(drilled and ready to pump) enough oil to run the US for 200 years. The environmentalists are a wing of the Oil Companies. I just hate the sheeple that fall for the creators of these groups. They do not even ask where their funding comes from.

We the Sheeple, hereby swear to be the slaves and the spokespeople of the very people that keep us slaves.

So if we hold all this oil it kinda blows the "war for oil" argument out of the water.

That being said, why don't we tap into this oil? I can understand the argument against drilling in protected places (parks/forests etc..) but it can't all be in protected areas like that, right?

And, if we aren't going to war for the oil. Maybe we still are. Not so much for us to use, but for them not to have. Oil is a huge cash cow, if we took unfriendly nations cash cow, it would be harder for them to pose a threat to us.

Just some thoughts.

Well thanks for pointing this out. I knew of the reports that the oil was here for the taking in Canada, however I only heard rummors it was in quebec. As for why we haven't started to dig for it. It's simple. Your enemies have access to the oil in iraq and iran and kuwait. Why would you not want to limit thier supply? If China Iran Russia or NK pay to buy the oil from the middle east and lets say all the middle east has 500 million barrels in the ground. well that 500 million barrels will be devided by 4 and each of them, giving them 125 million barrels each. Which will give them way more then enough to be happy for 100 years (or be at war for 50 years). Now if you and all your friends come along and have the money to buy 50% of that. This would limit your enemies to 62 million barrels, Therefore giving them enough oil to be happy for 50 years or 25 years of war. Well you would then have the same ammount of oil and 50 happy years of living or 25 years at war. So your on equal footing now. However after the 25 years of war everyone grinds to a halt as there is no more oil. You can then start drilling your lands for oil and presto. Your back in business with oil to power your machines (unlike your enemies who now get to stand there and get crushed). So the oil we gain from Iraq and Kuwait and Afganistan and anywhere else we get it from Just means that its 1 less barrel going into the North korean pocket or into the tanks of the Kremlin or Peoples republic.

The point I am trying to make here is yes it sucks to have to buy that oil from the middle east at the high prices. However in the future when its all gone and only you have oil don't you think that it will pay off ? When you can then set the barrel price to 1000$ and have your enemies begging your for just a drop of it? It will A. put them out of the war business, and B. Make you the richest country in the world once again.

Long live the hidden oil under the North American soil! Now if they can only make it so Canada becomes the 53rd (?) state (what number are we at in states now?)

TPTB will be out to suppress this information if it is true, we will soon know by their reaction to it.

If they do not, and it is true, then it will push up the current price of foreign oil even further.

Everything's a scam, I hate it.

Now that made a lot of sense to me, never thought about it that way. It's evil yet smart all at the same time.

I'd like to point out this isn't in alaska.







[edit on 3-11-2009 by dthwraith]

Some more info.


Source

After some digging I think I debunked my own thread. Can't do a copy and paste from site so I'll just post the link.

Snopes


[edit on 3-11-2009 by dthwraith]