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View Full Version : US Oil Reserve true or False?



Jonboy
31-03-2011, 18:20
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 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

goraman
31-03-2011, 20:30
It's true a geologest told this over 7 years ago.
Don't even get me started on the U.S. cost of recycleing.

tannoy man
01-04-2011, 18:07
So that means the US is acting like a pauper but is sitting on untold wealth at even low taxation rates on fuel.

Reid Malenfant
01-04-2011, 18:18
I guess you might call it being clever? Use up the rest of the worlds oil & only then use you own... With no other countries with oil USA becomes top dog again & you can bet your bottom dollar that they'll do this :finger: to OPEC :eyebrows:

goraman
02-04-2011, 00:58
Bio Diesel sounds like a darned good idea to me BTW.
What ever food was cooked in the oil leaves that smell in the fuel.
Fill up with french fry fuel and the exhaust smells like french fries, near the end of the week mabey Indian food ect...
I paid $40.00 to top off my 1495cc Hyundia accent over $4.07 per US Gallon!
I remember when you could fill up a VW bug with a $10.00 and have enough left over to buy lunch at Mc Donalds.

The Grand Wazoo
02-04-2011, 07:30
I paid $40.00 to top off my 1495cc Hyundia accent over $4.07 per US Gallon!
I remember when you could fill up a VW bug with a $10.00 and have enough left over to buy lunch at Mc Donalds.

In the UK, we can't remember when fuel was as cheap as you're paying now. Try $8.65 per US gallon - that's what we're paying Jeff!

goraman
03-04-2011, 02:15
In the UK, we can't remember when fuel was as cheap as you're paying now. Try $8.65 per US gallon - that's what we're paying Jeff!

If that happened here we would collapse,reason is everything is so spread out.
Public transit like subways only work for places like New York and Chicago,busses just have no chance,as unless there was a way to get you to and from the bus stop sure to be at least 5 miles or more from your house.
I'm sorry it is so expensive there.

JONBOY, YOUR AVATAR IS DISTURBING .

Darren
03-04-2011, 08:46
JONBOY, YOUR AVATAR IS DISTURBING .

But not more disturbing than his post me thinks. There are times when the USA really makes me worried for the future of the world. ( no offense goraman - you seem lovely, I'm thinking more of successive paranoid US administrations....)

Jonboy
03-04-2011, 09:22
finding out things like this really pisses me off as i'm spending 2 grand a month on Diesel, bio fuel might be a way forward but has a shelf life and turns to sludge if left in a tank to long, this country is just a rip off for fuel duty, it would be good if you could see them putting the money back into the roads i have things pratically jumping off the back of my trucks on some roads they are so bad

Tim
03-04-2011, 09:22
JONBOY, YOUR AVATAR IS DISTURBING .
Very disturbing indeed, spends too much time at rotten.com perhaps? :scratch:

goraman
03-04-2011, 16:33
That avatar was upsetting,I clicked on his link and looked for it,I saw that web site years ago looking at pictures of Elvis's Colon during the autopsy.

I tried to find out what had happened to what looks like a Chinese man with Elephantiasis of the nads.I can't believe he can even walk. I scanned the whole site even clicked on the section listed porn and read the headers.That's as far as I went because the headers looked more like real porn and not odd clips like Jon Boys avatar.I don't remember Rotten.com having porn just grouse pictures,and freak show stuff.
Dose anyone know what caused that to happen? It really bugs me to know.

Beechwoods
03-04-2011, 17:19
I don't remember Rotten.com having porn just grouse pictures,and freak show stuff.
Dose anyone know what caused that to happen? It really bugs me to know.

I can't tell you the answer to your question, but 'grouse pictures' sound fab, for a fan of country sports like myself!

http://static.howstuffworks.com/gif/willow/grouse-info0.gif http://www.mcleanscotland.co.uk/images/famous-grouse.jpg

Sorry Jeff :)

goraman
03-04-2011, 17:30
Good one Nick.
My Bad.



http://www.youtube.com/watch?v=493jZunIooI

Canetoad
18-04-2011, 11:49
Looks like a large proportion of that oil is displayed in JonBoy's avatar.:stalks:

Reid Malenfant
18-04-2011, 12:06
:lolsign:

Jonboy
18-04-2011, 21:52
Looks like a large proportion of that oil is displayed in JonBoy's avatar.:stalks:

in all its gloryhttp://i419.photobucket.com/albums/pp272/jonboy_01/fat_women_bathingsuits.jpg


now waiting for another slap on the wrist