reply to post by djtek
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 to 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 from 2006!
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 mother
load 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
- 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 .
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.