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#1 trowel OFFLINE  

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Posted July 28, 2011 - 06:31 PM

i had to pass this on, i probably will catch hell for this, but i wanted to get it out there, this is not the only forum this is going to,
trowel
>
> 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:
> Bakken Shale Map - Maps of Bakken Shale Oil Formation Field
>
> 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 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
> 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.
>
> USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)
> <USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)>
> <USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)
> <USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)> >
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#2 caseguy OFFLINE  

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Posted July 28, 2011 - 07:05 PM

I have SO MANY things running through my head right now that I can't form a sentence that will do it all justice! There has to be a reason, other than environmentalists, that's keeping the oil money at bay. Fear of a market flood is my best guess. I for one would love to see the record profits of the oil companies over last several years come to a screeching halt. I don't begrudge anyone a living, but at the expense of a huge number of Americans is nothing short of extortion!

#3 Sparky OFFLINE  

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Posted July 28, 2011 - 07:36 PM

I say use firehoses on actors when they open their mealy mouthes about environmentalism. My wife wasn't even this kind to a Quinnipiac Univ pollster - a young lady. What do you think about them beans ??

#4 Gibby OFFLINE  

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Posted July 28, 2011 - 07:38 PM

I have SO MANY things running through my head right now that I can't form a sentence that will do it all justice! There has to be a reason, other than environmentalists, that's keeping the oil money at bay. Fear of a market flood is my best guess. I for one would love to see the record profits of the oil companies over last several years come to a screeching halt. I don't begrudge anyone a living, but at the expense of a huge number of Americans is nothing short of extortion!


I agree, mostly. The oil companies do indeed make HUGE profits, but it's from volume of sales. I think I remember reading one time, they make around 9 cents profit per dollar invested. Johnston and Johnston for example makes close to 50 cents profit per dollar invested. Seems to me J&J is raping people much worse, but nobody is asking congress or anyone to step in and regulate the evil band-aide manufacturer.

Just my
Posted Image
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#5 hydriv OFFLINE  

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Posted July 28, 2011 - 07:38 PM

Before people post stuff like this, they should check their facts.

snopes.com: Bakken Formation

FactCheck.org: Are anti-drilling forces blocking access to the world's largest oil reserve in the western U.S.?

Email: "Oil Discovery...You Better Sit Down!!!" | Media Matters Action Network

Reports of Bakken Shale oil reserves are the stuff of urban legends - Denver Energy Industry | Examiner.com


Fortunately for trowel, egg washes off the face with ordinary soap and water.

#6 MH81 ONLINE  

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Posted July 28, 2011 - 07:49 PM

Every 3rd day I hear someone tell me we are almost out of oil, the pending chaos incalculable, end of the world yadda yadda yadda. It begins to get a little old, especially when I am certain they are parroting the teachings of our current educational system.

I thank you for sharing the information above and intend to verify it. I am sure it's correct, just want to be able to say that I did.

Another little tidbit is the Lack of new, updated refineries in this country. Here is a prime case in point as to why. Arizona refinery permit took seven years, Senate told - Tucson Citizen Morgue (1992-2009).

Or, living in PA, the Marcellus Shale Gas find is exiting in it's possibilities.

If its alternative fuel that come up in conversation, I point out the decades ahead of us that the French are in Nuclear. Of course the Japanese catastrophe comes up ( God rest the souls of the lost, God bless the ones who survived). There are so many things that had to come together for that situation to arise, but the primary seems to be lax regulations, poor policing of those regulations, incomplete planning, compounded by a string of unexpected natural disasters that exposed it. We learned lessons from Three Mile Island, and incorporated those lessons into valuable checks and balances in the industry. The current cutting edge has the residuals (waste) with drastically reduced radioactivity, much shorter half life and reduced hazards to the environment both now and for future generations.

Solar and wind power require government subsidies (payoffs) to make it a more than a break even venture. Renewable crop based power is too much an infant to support our current needs and far to grow season finicky.

I believe we should continue to look for the Holy Grail of "Over Unity" energy, be it hydrogen fuel cells, water powered cars, improved technologies in all of our renewables, nuclear, etc. Mankind has advanced technology beyond the dreams of people generarion ago. I have no reason to lose faith in mankinds continued advancement in this regard.

This is not the most elegant argument, I wish I had further time to prepare and present. This is my humble opinion, backed by my own research, I urge you to do your own.
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#7 trowel OFFLINE  

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Posted July 28, 2011 - 08:16 PM

i have read and searched for verification of what i have just posted and it all seemed true so i felt compelled to pass it along to others, we as americans have a right to know, to be kept in the dark is cruel and selfish, by no other but our own goverment, and the oil barons,
if anyone has found any information pertaining to the truth or lie of this please post it,
thank you,
trowel




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