Marketcents.com

Oil shortage??? Dont think so

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