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I implied you're a LIB.....sorry.....I don't know your politics.
AND for the record the single LARGEST supplier of foreign oil to the United States is our friends to the North.........Canada.
Later,
Geo
I always wonered this. Is "Crude oil", the kind that does not say "Excuse me" when it makes gas?
George, I'm surprised at you, quoting an internet chain letter as factual. Didn't the fact that the author encourages people to "send this to everyone in your address book" tip you off that its contents were most likely BS? And you apparently didn't even visit the link YOU posted. Here is what the article above says: "The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe BayNow THAT is a FUNNY JOKE.........While we ARE dependent on foreign OIL, it is an artificial dependence....THE USGS found BILLIONS of barrels of proven reserves from those leases that were CANCELLED by Obama. IMAGINE THAT.
http://www.usgs.gov/newsroom/article.asp?ID=1911
You left wing LIBS always talk about the NUTS in washington being in the pockets of the big oil. How about Obama being in the pockets of the greenies.
Had we started DRILLING those BILLIONS of barrels of PROVEN RESERVES, the cost of gas would drop about 1 buck. IMAGINE THAT.
Well the REASON the drilling has not started is because DRILLING would give us supplies for 40 years....and the GREEN push for vehicles goes out the door.
Unfortunately, I cannot find the LINK this stuff below came from so, I'm quoting it inline......it is long.....Sorry.
The U. S. Geological Service issued a report in April ('08) that only
scientists and oil men knew was coming, but man was it big. It was a
revised report (hadn't been updated since '95) 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 looki ng 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.' And 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 41 years straight
2. And if THAT didn't throw you on the floor, then this next one should -
because it's from TWO 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....WHY?
James Bartis, lead researcher with the study says we've got more oil in this
very comp act 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/ire up yet? Hope so! Now, while you're thinking about
it .... and hopefully P.O'd, do this:
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
gov/newsroom/article.asp?ID=1911
http://pubs.usgs.gov/fs/2008/3021/pdf/FS08-3021_508.pdf
, and has the potential to eliminate all American dependence on foreign oil
The Energy Information Administration (EIA) estimates it at 503 billion
barrels.."
And then, the very first two lines of the actual USGS report (http://www.usgs.gov/newsroom/article.asp?ID=1911) say:
"Reston, VA - North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation. A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.
We import about 10 million barrels of oil a day. So at the very most, this represents just over one year's supply. That's nice, but not enough to have a long-lasting effect on our dependence on foreign oil. And it's about 1/100th of what the author of the chain letter claims.
I also find it interesting that there seem to be two versions of this chain letter floating around. There's the version you got, that says:
"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/ire up yet? Hope so! Now, while you're thinking about
it .... and hopefully P.O'd, do this:
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."
And another one that ends with:
"Don't think 'Big Oil' will drop its price - even with this find? Think again!
It's all about the competitive marketplace, and if they can extract it (here) for less, they can afford to sell it for less - and if they DON"T, others will. It will come down - it has to.
Got your attention fired up yet? Hope so! Now, while you're thinking about
it .... and hopefully P.O'd, do this:
3. Take 5-10 minutes and compose an email, fax, or good old-fashioned letter to our elected officials in Washington ... and their respected leaders. We'll start with them, and here's how you can send them your email/fax, DEMANDING the immediate Legislation/an Energy PLAN that calls for tapping into these (OUR OWN!) Reserves, as well as allowing for the offshore drilling for OUR oil, in OUR offshore waters and Inter-continental shelf ... not to mention Alaska. Technology ain't what it used to people (ever had arthroscopic surger?). They can surgically extract OUR oil, and get us on our way to at least some measure of Energy independence."
I guess it is a chain letter......I did pull this from a link that was sent to me, but it must have been posted there from someone from a chain letter.
Bottom Line.....we will NEVER know how much oil is available here because the OBAMUNISTS will not let us search.
Using technology that is 13 years old (1995) to search is NOT the same as using technology today. Bottom line. THE person who WROTE the report thinks the potential for 2 TRILLION barrels is there.....WHY we're not exploring it is BEYOND belief.
Brazil recently found a HUGE reserve:
http://www.upi.com/Energy_Resources/...7871252618956/
Huge RESERVES have been found off the coast of CUBA:
http://walrus.wr.usgs.gov/infobank/p.../2005_3009.pdf
I apologize for not having the details EXACTLY right though![]()
.
Later,
Geo
