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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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To: Sequoyah101; Dusty Road

oil field ping

You may be entertained. I suggest you read through the comments first.


101 posted on 04/17/2014 12:34:48 PM PDT by thackney (life is fragile, handle with prayer)
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To: huckfillary

http://www.judicialwatch.org/blog/2008/05/maxine-waters-wants-socialize-oil-companies/


102 posted on 04/17/2014 12:36:08 PM PDT by Osage Orange (I have strong feelings about gun control. If there's a gun around, I want to be controlling it.)
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To: Smokin' Joe

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.


103 posted on 04/17/2014 12:40:43 PM PDT by Hostage (ARTICLE V)
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To: Osage Orange

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.


104 posted on 04/17/2014 12:41:55 PM PDT by Hostage (ARTICLE V)
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To: Hostage
Hostage...you might be out of your depth here.

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.

105 posted on 04/17/2014 12:42:42 PM PDT by Osage Orange (I have strong feelings about gun control. If there's a gun around, I want to be controlling it.)
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To: Hostage
Can the BLM enter a drilling site say on land under a BLM lease and take over?

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?

106 posted on 04/17/2014 12:43:46 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

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.


107 posted on 04/17/2014 12:50:38 PM PDT by Hostage (ARTICLE V)
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To: Hostage
I am not sure it’s really that important unless

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.

108 posted on 04/17/2014 12:55:37 PM PDT by thackney (life is fragile, handle with prayer)
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To: Hostage
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.

Did the original story, come from a radio broadcast, or from you partner's meeting with people involved?

109 posted on 04/17/2014 12:57:25 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney; Hostage

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.


110 posted on 04/17/2014 1:10:14 PM PDT by deport
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To: Hostage
I think you are a fraud, I find it interesting you claim knowledge of the industry and yet make egregious errors in terminology, technical errors, and parrot? (invent?) things which have little likelihood of being fact.

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.

111 posted on 04/17/2014 1:30:02 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Hostage
"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."

Yep! Shale turns into rich crude oil, when it's drilled! It's magic, and I've seen conspiracy stories to prove it! The coverup is a federal government conspiracy against good, conservative state and local government socialists or to allow aliens from outer space to take it all away!

Oil prices must go down, or the "makers" won't be able to commute 100 miles each way to their government jobs! Don't listen to those lies about hundreds of millions of new drivers, manufacturers and merchants in the developing world needing more oil! It's all a lie!


112 posted on 04/17/2014 2:02:29 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Hostage

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.


113 posted on 04/17/2014 2:10:35 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Hostage

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


114 posted on 04/17/2014 2:17:10 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Hostage

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.


115 posted on 04/17/2014 2:23:22 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Hostage

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.


116 posted on 04/17/2014 2:29:24 PM PDT by ckilmer
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To: Hostage

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.


117 posted on 04/17/2014 2:32:57 PM PDT by ckilmer
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To: Rich21IE

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


118 posted on 04/17/2014 2:50:13 PM PDT by ronnie raygun
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To: Hostage; thackney

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?


119 posted on 04/17/2014 3:35:24 PM PDT by deport
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To: thackney

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.


120 posted on 04/18/2014 4:57:50 AM PDT by Dusty Road
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