8/9/2019 The Bakken Oil Reserves in the United States - Biggest in the World

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Here's an interesting read, important and verifiable information :

And, Obama and the Progressives want to increase our gasoline taxes, put in cap andtrade and regulate us more! Wonder why?

About 6 months ago, the writer was watching a news program on oil and one of theForbes 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 theground?" 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 oilmen knew was coming, but man was it big. It was a revised report (hadn't beenupdated since 1995) on how much oil was in this area of the western 2/3 of NorthDakota, western South Dakota, and extreme eastern Montana ..... check THIS out:

The Bakken is the largest domestic oil discovery since Alaska's Prudhoe Bay, and hasthe potential to eliminate all American dependence on foreign oil. The EnergyInformation 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 morethan $5.3 trillion.

"When I first briefed legislators on this, you could practically see their jaws hit thefloor. 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 56years," reports The Pittsburgh Post Gazette. It's a formation known asthe Williston Basin, but is more commonly referred to as the 'Bakken.' It stretchesfrom Northern Montana, through North Dakota and into Canada. For years, U. S. oilexploration has been considered a dead end. Even the 'Big Oil' companies gave upsearching for major oil wells decades ago. However, a recent technologicalbreakthrough 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 from2006!

8/9/2019 The Bakken Oil Reserves in the United States - Biggest in the World

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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 oilprices none has been extracted. With this motherload of oil why are we still fightingover off-shore drilling?They reported this stunning news: We have more oil inside our borders, than all theother 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 environmentalistsand 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 oureconomy.....WHY?

James Bartis, lead researcher with the study says we've got more oil in this verycompact area than the entire Middle East -more than 2 TRILLION barrels untapped.That's more than all the proven oil reserves of crude oilin 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 theenvironmentalists?

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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 shouldstifle yourself the next time you complain about gas prices - by doingNOTHING, you forfeit your right to complain.

Now I just wonder what would happen in this country if every one of you sent this toevery 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

Posted as a courtesy by:

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8/9/2019 The Bakken Oil Reserves in the United States - Biggest in the World

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