Wednesday, February 2, 2011

Largest Oil Discovery

FROM LTC DAVID OSINSKI


Gary Faulkner
Semper Fi!
Being a Marine isn't everything; it is the ONLY thing!


Here's an astonishing read. Important and verifiable information :


About 6 months ago, the writer was watching 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." Please read below.


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... 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," reportsThe 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 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.....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 every one in your address book.

By the way...this is all true. Check it out at the link below!!!
GOOGLE it, or follow this link. It will blow your mind.
http://www.usgs.gov/newsroom/article.asp?ID=1911
<http://www.usgs.gov/newsroom/article.asp?ID=1911>

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