[mdlug-discuss] [Fwd: OIL - $5.gal Check this out]

[amkowalczyk]

http://www.snopes.com/politics/gasoline/bakken.asp

On 3/9/11 6:22 PM, Aaron Kulkis wrote:
> > From a friend of mine who works in a government natural
> resources department.
>
> -------- Original Message --------
> Subject: OIL - $5.gal Check this out
> Date: Wed, 9 Mar 2011 14:42:49 -0800 (PST)
> From: xxxxxxxx
> To: xxxxxx
> Subject: OIL - $5.gal Check this out
>
> OIL---you better be sitting down when you read this ! !
>
> You "will" pay $5 a gallon + again and you won't complain
> loud enough to make a  difference, RIGHT!
>
> ________________________________
> 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 revis ed 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 break-
> through 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 ofloony left 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
>
>
>
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