Posted on 03/06/2022 1:02:08 PM PST by Mark
Email:
Here's an astonishing read. Important and verifiable information:
About 6 months ago, there was 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."
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 (5 Billion barrels), 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 analyzer. "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 many recent years of high oil prices none has been extracted. With this mother lode 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 everyone in your address book.
By the way, this can be verified. Check it out at the link below !!!!!!
https://www.usgs.gov/news/national-news-release/usgs-releases-oil-and-gas-assessment-bakken-and-three-forks-formations
https://www.usgs.gov/news/national-news-release/usgs-releases-oil-and-gas-assessment-bakken-and-three-forks-formations
Awesome link to USA oil wealth
More oil by more than a factor of ten.
...or at least one who wasn't orange...
Every time we spend a dollar on foreign oil we send money out of our economy and “redistribute” the wealth. It’s all part of the plan.
No, but I do think the whole environmental movement was initiated by the KGB back when there was still a USSR. First they killed nukes, then started on coal, and now oil and gas. All to the detriment of the USA and the benefit of globalist leftism.
But it is all behind lock and key and the climate change crowd has the key.
Need a locksmith for President.
Cuss Trump for lots of things, but he got one thing right…US energy independence. The use of fracking opened up vast reserves of natural gas a far cleaner energy source than coal and as a result our carbon emissions went down. Biden’s green energy pipe dream of windmills and solar cells powering our economy in some carbon neutral utopia would cripple our economy and put our standard of living back at least 75 years. The global warming hoax being driven by the dogma of all carbon is bad will do nothing to change the earths climate
True, but you have a leader who thinks killing the Keystone Pipeline and more restrictive oil leases is a good idea. Biden is either an economic idiot or Obama is still running the show.
With so much oil in the ground, we will always be a target of the have-nots.
What was wrong with Trump?
Karen and the college professor don’t want to drill.
So we won’t be drilling.
Make
Americans
Last
Again
Enjoy your soon to be $7 per gallon gas America.
But US oil contributes to climate change whereas foreign oil doesn’t.
And US produced oil would mean lower energy prices and slow or stop inflation, and liberals can’t stand that.
“The Energy Information Administration (EIA) estimates it at 503 billion barrels.”
Actually, I believe the oil shale deposit known as the Green River Formation in the Rockie Mtns (located between Wyoming, Utah and Colorado) is larger with an estimated 570 billion barrels of recoverable oil, which if put into production, and based on current US energy consumption, would provide us with at least another 200 years worth of oil.
Yes, but that's no reason for the globalist and greedy not to rip off and loot the American people.
Absolutely nothing. My (sarcastic) point was that he had this covered. So he was a shade of orange and he sent out mean tweets. At least he didn’t crap his pants and hide in the basement...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.