North America has plenty of oil. Environmentalist Nazis say we can't have it.
The U. S. Geological Service issued a report in April '08 that only scientists and oil men knew was coming. It was a revised report (hadn't been updated since '95) on how much oil was in an area of North America.
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 was considered a dead end. Even the "Big Oil" companies gave up searching for major oil deposits 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. 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 41 years straight.
If that didn't throw you on the floor, then this should -- because it's from over three years ago.
"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.
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.
This is all true. Check it out at the link below. It will blow your mind.
www.usgs.gov/newsroom/article.asp?ID=1911
As usual, Radical Environmentalists and a government that's in bed with them have blocked the extraction of this oil. We are losing our country piece by piece. This is a good example of Political Correctness and Radical Marxists destroying our Country.
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