Daily Archives: October 27, 2008

Fw: Oil Reserves in the USA


would you like to SAVE GAS ? Check this out, it`s well worth the time.

— On Fri, 10/24/08, James Ricketts <> wrote:

From: James Ricketts <>
Subject: Fw: Oil Reserves in the USA
To: "John/Barb Ricketts" <>
Date: Friday, October 24, 2008, 12:34 PM

> OIL IN USA !!!!!!
> GOOGLE it or follow this link.  It will blow your mind. 
> The U.S. Geological Service issued a report in April ('08) that only 
> scientists and oilmen 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
> 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
> 'When I first briefed legislators on this, you could practically see
> 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
> 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
> 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, people!]
> 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 
> is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated

> its extraction.
> 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
> United States .
> HOW can this BE? HOW can we NOT BE extracting this!? Because the 
> Democrats, environmentalists and left wing Republicans have blocked all 
> efforts to help America become independent of foreign oil.
> James Bartis, lead researcher with the study says we've got more oil
> 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
> 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.
> ----
> [Got your attention/ire up yet?  Hope so!  Now, while you're thinking 
> about it ... and hopefully P.O'd, do this:
> 3. Forward this to all your thinking friends. If you don't take a
> time to do this, then you should stifle yourself the next time you want to

> complain about gas prices .. because by doing NOTHING, you've
> 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.

Comments Off on Fw: Oil Reserves in the USA

Posted by on October 27, 2008 in OIL IN USA