Posted on 04/17/2014 8:44:54 AM PDT by Hostage
This report is exclusive to freerepublic.com and is intended only to pass observed on-the-ground information to readers. It is not carried on any major news outlet and it won't be in our opinion. You can file this report as conspiracy if needed but it is more suitably filed as accumulation of unexplained Fed action for future analysis. I do ask relevant and pertinent questions throughout the question that Freepers can help answer.
One question for which I have affirmative answers is can the federal government move in on oil and gas drillers and takeover at any time declaring any oil discovery to be part of the strategic reserve?
The report comes from one of my business partners doing business on behalf of our company in the North Dakota Bakken region where he was astounded to find on Tuesday of this week outside Stanley ND that a six-pad well, the largest in the entire Bakken region, had hit an 'OCEAN' of oil causing all six wellheads to gush out of control.
The six well heads were quickly taken care of by the drilling company but on the same day it is reported that federal officials swooped in and shut the wells down declaring the oil discovery as under federal control and made part of the strategic petroleum reserve. I am told the drilling companies and investors behind them will be compensated but we have no details. We are told no one will hear about this.
If all the above is true, then I lean towards believing the blackout on news is true because my experience in doing business there in the recent past has led to hearing many accounts of national security protections regarding location of oil including details of logistics, pipeline and rail facilities. In other words information is not widely disseminated for either reasons of national security or commercial competitiveness.
There are business 'bullies' in the region who think nothing of cutting out, double crossing and tripping up business entrepreneurs in the region, of misrepresenting their intentions. of breaching contracts and agreements, of circumventing and breaching non-disclosure by handing private information to third parties that act against other businesses. It's a classic 'wildkat' environment with different parties heating up to cheat and fight each other.
I have not heard of the federal government acting as a 'bully' in the region but there is a report of federal gunships on the road witnessed by my partner on I-94 between Dickinson and Bismarck. I would not be surprised to learn of our federal government backing 'selected drilling businesses' in the region. That would sound like conspiracy nonsense to me had the federal gunships' not been witnessed driving on the road by my partner. More on this below.
The report is that drillers had drilled 22,000 feet deep (yes, many miles beneath the surface) and hit an 'OCEAN' of oil as it was described. The proven reserves of oil in the Bakken shale formation are already at least ten times that of Saudi Arabia. If the report of hitting an 'ocean of oil' is true, then this would make the Bakken bigger than anything the world has ever known.
Next it is reported that on the same day of the strike that federal agents swooped in to shut the wells down and take over the drilling site. How could they have known so quickly? Is there a requirement to report to the county, state or federal governments immediately upon striking oil? I admit I could find out about this on my own but I am involved in so many business deals spanning the globe that I haven't had time to get answers.
I have met drillers on-site in the Bakken but I don't call them with pestering questions because they are usually a terse no-nonsense bunch. And asking them for information can get some nasty glances as if I were asking a pro poker player what cards he holds in his hand. Not only that but some will lie through their teeth to steer an outsider in the wrong direction. So it's serious business out there with a bit of pirate spirit and honor of thieves in the mix.
I could call state offices in North Dakota to get answers but I can just as easily search for online rules and procedures but that's time consuming for me. So I thought to throw these questions out to Freepers who may know answers from their experience and in any event can add this report to their pile of anecdotes regarding federal militarization of agencies inside the borders of the USA.
After leaving Stanley my business partner headed for I-94 towards Bismarck and called me to report he was behind a very long convoy of federal vehicles with multiple 'gunship' vehicles leading and tailing the convoy.
Trust me on one thing. you can see a long distance ahead on roads in North Dakota. Do a Google street view on I-94 going towards Bismarck and you can confirm that the view ahead is for miles and the roads are very straight, there are almost no trees and the land is flat.
I asked him what was in the middle of the convoy, could he see it? He said there were 'cars with officials' bracketed by multiple gunships on each end. His voice tome was one of shock and awe. I asked how he could see this on a straight road and he said when the road would be in a long curve he could see the whole convoy. I asked him how long the convoy was and he said AT LEAST a half mile and most likely longer.
I asked him could he identify the agency. He said it looked like it was the US Army but it wasn't because there was no Army star on any of the vehicles and the troops manning the gunships wore different uniforms.
I will get more of a brief from him when he returns to Seattle this weekend.
Now here's my analysis. Some may think it conspiracy, I call it points of speculation surrounding facts. Connect the dots as you will.
1. Enormously large oil strikes can throw oil markets into turmoil causing severe price volatility. Although oil futures are controlled by JP Morgan and others through a maze of derivatives. The influence of large oil strikes can penetrate the price control mechanisms and damage all the interests of derivatives behind them.
2. I believe the price of oil is to a great extent 'rigged'. Take that for what it's worth.
3. Oil as a commodity is 'controlled' to a certain price level to balance inflation with economics. If the price is too high, inflation can be difficult to manage. If the price is too low, shale drillers using hydraulic fracturing technology 'fracking' can go out of business.
4. Environmentalists especially militant ones, the same ones who control Obama, want to shut down as much drilling as they can. They have already pretty much locked drillers 'frackers' out of California. I believe environmental extremists would like to see a good portion of us die actually. Wiping out human traces as a solution to problems underlies I believe a good portion of the foundation of their philosophy.
5. A manager of one of the USA's largest oil logistics companies remarked last week direct to my ears that environmentalists told Obama they will 'crucify' him if he issues a presidential permit for Keystone to go forward. Another top logistics manager of a company with offices in Wyoming, Montana and Colorado made the BIZARRE statement to me in a hostile tone over the phone that NORTH DAKOTA CRUDE STAYS IN NORTH DAKOTA! In my experience I am getting close to federal influence when people start acting belligerently without good reason.
6. In 2008 Obama said what is needed is a civilian army as large as our military armed forces. We are witnessing the militarization of a plethora of federal agencies. We are witnessing the federal purchase of enormous quantities of ammunition including by such GSEs as the US Postal Service which seems bizarre.
7. We are witnessing a never-ending attempt to disarm Americans outside of federal and state control.
8. We are witnessing budding range wars and skimishes between federal officials and citizens.
9. And now there is a witness to the shutdown of perhaps the largest oil strike ever on record together with a witness a day later of a long federal militarized convoy on an interstate just outside an area where the enormously large oil strike was reported.
oil field ping
You may be entertained. I suggest you read through the comments first.
Good information but how is that relevant to the question of whether the federal government has the right to takeover any drilling or pumping of oil in the region?
Can the BLM enter a drilling site say on land under a BLM lease and take over? It was reported that the drillers and investors would be compensated and that the oil would be brought under the SPR.
The rest of your technical details I am sure the drillers complied with. But I asked the question that if-if-if this was a confirmed oil strike just days ago, how could federal agents know and act so quick?
I think the message may be garbled but it is reported to come from someone who is one of the most knowledgeable people in the region. So we will see if anything comes of it. And if nothing comes of it but we hear of another such incident, then we can start to see a pattern.
In the meantime enjoy making your lectures. You have accumulated some good information but your attitude needs a big adjustment.
I don’t know yet. When he gets back we will go over some photos of MRAPs and such and try to pinpoint what he saw.
I'd quit while I was ahead..if I was you.
I don't think anyone here has called you a liar yet....just calling your info into question.
You questioned some of your own "observations"..and asked what fellow FReepers thought.
Well, guess what...you got some replies.
It is many miles from Stanley, ND to the closest BLM land. Is this supposed to be BLM land or is this a separate topic?
I am not sure it’s really that important unless someone is needing precise information to chase down the actual rigs and their sites. And I would be interested in doing just that but I was also told no media company will find out about this.
But I imagine there were six pads somehow managed by the same operator and the report was each rig started gushing at the ‘about’ same time. I don’t know anymore than that but the description was that this was an amazing and unexpected event and the drilling operators did not what to do, were overwhelmed but eventually brought it under control. Then ‘about’ the same day it was reported that federal agents came to the site or sites and ‘took over’.
Now all of this information appears garbled and needs clarification. I am not sure I can get it but my business partner knows the owner of the radio broadcaster in the region, one of the largest I am told, and if we can track him down maybe we can get some better information.
You appear to talk about the industry as if you were informed and part of it. But you confuse rather basic terms. It causes those in the industry to doubt your knowledge. That is my observation, take it as you will.
Now all of this information appears garbled and needs clarification.
In this, we agree.
Did the original story, come from a radio broadcast, or from you partner's meeting with people involved?
One thing I find missing as there isn’t any info on the Web about such events happening.
It would be my expectation that if some people saw such events and talked among friends
that some of this would be out there on the social media sites. A web search doesn’t
show any in my search which may not be valid but just an attempt to find some other
talk of the events.
I know the region, I know the industry, and have been in both for 35 years. Most of what you are saying is at best unlikely, at worst, just not happening. If I continue to give you details, all I'm doing is better enabling you to spew nonsense and seem like you might have a clue what you are talking about.
My attitude?
Don't pull that sanctimonious crap on me.
You have made assertions that people in this industry are liars, cheats, thieves, and pirates. Say that to my face (or any of theirs), and you'll be invited to meet on the other side of the cattleguard and learn some manners.
Or better yet, stay in Washington State and hide behind your keyboard, you fraud.
More seriously, shale plays are great. They don’t last as long, though, and currently higher oil prices are needed to make them profitable. There’s enough oil to meet supply for awhile. It’s just being used a lot.
The hoax is at least six years old, too.
Bakken Formation
http://www.snopes.com/politics/gasoline/bakken.asp
400-Billion Barrel Bakken Oil Field a ‘Myth’, says USGS
http://politicalbyline.com/2008/06/400-billion-barrel-bakken-oil-field-a-myth-says-usgs/
Huge Bakken Oil Field A Myth
http://jbscorner.blogspot.com/2008/06/huge-bakken-oil-field-myth.html
A little over half of U.S. oil consumption is imported oil, even though we’re consuming over a million barrels a day less than a few years ago because of the declining economy. We’re consuming around 19 million barrels per day.
Prices on refined products will probably continue going up, overall, and even spiking at times. More exports of products like propane and liquid natural gas are needed to fuel the economy.
The proven reserves of oil in the Bakken shale formation are already at least ten times that of Saudi Arabia.
..............
this is dead false.
The permian basin has ten times the amount of oil that the baaken has and it still is less than the Saudis Gwandar field.
The problem with this is that most of the land in the Baaken is on private property. There is some indian reservation land but that’s it.
The feds would have their say over oil on federal lands. However, oil on private property is a different matter.
The feds would not be able to confiscate private property land without having their heads handed to them.
There’s little doubt in my mind that the Obamanistas have discussed amongst themselves the possibility of nationalizing the Oil Companies, much as Mexico did in the 1920’s. I’m not quite sure what’s stopped them; they may be waiting for a national emergency to do so.
JUST LISTEN TO MAZINE WATERS SOME YEARS AGO
https://www.youtube.com/watch?v=ceJY-H581Lk
SOMETHING BIG GOING DOWN TONIGHT (VANITY)
http://www.freerepublic.com/focus/f-chat/3050603/posts?
August 02, 2013 11:30:34 PM by Hostage
What happened? What went down? Any updates?
I have to say this has been amusing. Sorry I haven’t been much help but the wife and I are around 9,000 ft up in the mountains of New Mexico for a little R&R.
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