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BAKKEN 'OCEAN' OF OIL - FED TAKEOVER? (personal opinion of poster)
Vanity | April 17, 2014 | By Hostage

Posted on 04/17/2014 8:44:54 AM PDT by Hostage

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Comments are welcome. I will not respond to accusations of Alex Jones-like conspiracy ranting because it does seem like that a tad. But let's get it out there for the FR record as one more anecdote. In time we will see if all reported incidents add up to a substantially firm inference.

The firm takeaway from the above is a federal shutdown of a large oil strike and a federal military like convoy on an interstate a day later out of the region of the oil strike that was reported to have been shutdown and taken over.

1 posted on 04/17/2014 8:44:54 AM PDT by Hostage
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To: Hostage

bookmark


2 posted on 04/17/2014 8:47:49 AM PDT by Pajamajan (Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.)
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To: Hostage

A new national monument by executive order?


3 posted on 04/17/2014 8:48:47 AM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: Hostage; thackney

ping for input


4 posted on 04/17/2014 8:50:08 AM PDT by Obadiah (I like Krabby Patties.)
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To: Hostage

One reported fact regarding the federal convoy on I-94 is of helicopters circling overhead around the convoy. I know it sounds like black helicopters that is mockingly used by those that laugh at conspiracy nuts. But my partner reported that not only where there multiple multiple gunships on the ground but also helicopters circling overhead. My partner does not drink and drive and he doesn’t do drugs for what it’s worth.


5 posted on 04/17/2014 8:50:53 AM PDT by Hostage (ARTICLE V)
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To: Hostage
If they drilled 22,000 true vertical depth, they drilled completely through the Bakken/Three Forks formation. And a well actually completed in a formation 22,000' below the surface of the earth is almost certainly going to produce mostly gas and perhaps a bit of condensate, not crude oil. There would be very little oil coming out of that hole, if any.

Color me skeptical.
6 posted on 04/17/2014 8:54:10 AM PDT by Milton Miteybad (I am Jim Thompson. {Really.})
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To: Hostage; thackney

I will refer to our resident expert, but the Bakken shale formation does not produce oil that just “gushes out of control.” You have to go get it.


7 posted on 04/17/2014 8:54:28 AM PDT by henkster (I don't like bossy women telling me what words I can't use.)
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To: Hostage

I will follow up when I get home.

Access to VERY interested and involved parties there.

This will NOT be quiet for long.


8 posted on 04/17/2014 8:55:48 AM PDT by G Larry (There's the Beef!)
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To: Hostage
This sounds a lot like how Pastor Lindsey Williams described a similar event in Alaska, of hitting a "mother lode" of crude and TPTB moving in to shut it down and threatening everyone to keep quiet about it.

That was before the internet and keeping this quiet, if there is anything to it, will be infinitely more difficult.

9 posted on 04/17/2014 8:56:18 AM PDT by Errant
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To: Hostage

Bookmark for later


10 posted on 04/17/2014 9:00:16 AM PDT by Tenacious 1 (My whimsical litany of satyric prose and avarice pontification of wisdom demonstrates my concinnity.)
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To: thackney

Your comments if you feel so inclined.


11 posted on 04/17/2014 9:01:30 AM PDT by deport
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To: henkster

I agree but this may be an exception. It may also be misreported.

But one thing is for sure, a large militarized federal convoy, not the US Army, was followed a day later on I-94 just outside the area of the reported strike.


12 posted on 04/17/2014 9:02:47 AM PDT by Hostage (ARTICLE V)
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To: Hostage

When you gunships, you mean MRAPs? Big armored trucks from Iraq/Afgh?


13 posted on 04/17/2014 9:03:32 AM PDT by ryan71 (The Partisans)
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To: Hostage
If this is true - I'm not saying it isn't - keep in mind that the federal government doesn't do much of anything by itself, especially not anything productive, like running an oil well, or an oil field.

If they are going to exploit something like you describe, they will do it entirely using contractors.

The chances of this being accomplished in secrecy are approximately zero, at least for more than a week or two.

If they are just going to lock it up, fine. But are they going to lock everything up everywhere? Strikes me as unlikely.

They need the tax revenues too much.

14 posted on 04/17/2014 9:05:10 AM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: ryan71

That was the impression. We will try and confirm this weekend when he gets home from driving.


15 posted on 04/17/2014 9:05:32 AM PDT by Hostage (ARTICLE V)
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To: Hostage

If there is an ocean of oil there, more than one rig can access it. In order to restrict it they would have to create broad restrictions that’s would be noticable.


16 posted on 04/17/2014 9:06:46 AM PDT by Vince Ferrer
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To: Hostage

If the wells/discovery were made on private property, the Feds have no jurisdiction. The oil beneath the privately owned land is owned by the private owners of the mineral rights and their ‘Lessee’s”, the Oil companies, drilling the well under lease agreements signed between the mineral rights owners and the oil companies. This is well established in property and oil & gas law.

If the wells/discovery was on Federal lands, typically administered by the Bureau of Land Managment or the Bureau of Indian Affairs, then anything is possible. Those wells would have likewise been drilled by authority granted under lease agreements signed between the BLM and the Oil Companies, but it is conceivable that the Gov’t could simply unilaterally abrogate those agreements and leave the aggreived parties, the oil companies to seek redress in the Gov’t’s Courts.

Of course, in the perfect “Statist’s” world, the “citizen” owns nothing and all resources and land are owned by the State as was the case in the USSR. In Canada, all minerals and, I think water, are owned by the Crown.

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.


17 posted on 04/17/2014 9:06:59 AM PDT by Rich21IE
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To: Steely Tom

It was reported or misreported that the drill site and oil find would be made part of the strategic petroleum reserve.

That could mean it will be locked up. I would speculate that the environmentalists that control Obama will want it locked up.


18 posted on 04/17/2014 9:08:46 AM PDT by Hostage (ARTICLE V)
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To: Hostage

The Strategic Petroleum Reserve does not include any production fields.

It is only salt dome storage of oil that has already been produced and processed to remove water, gas, etc.


19 posted on 04/17/2014 9:12:48 AM PDT by thackney (life is fragile, handle with prayer)
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To: Hostage
It was reported or misreported that the drill site and oil find would be made part of the strategic petroleum reserve.

From last month:

U.S. surprises oil market with sale from strategic reserve

20 posted on 04/17/2014 9:13:40 AM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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