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Oil Shortage


brently
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A lot of folks can't understand how we came to have an oil shortage here in our country.

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Well, there's a very simple answer.

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Nobody bothered to check the oil.

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We just didn't know we were getting low.

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The reason for that is purely geographical.

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Our OIL is located in:

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ALASKA

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California

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Coastal Florida

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Coastal Louisiana

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North Dakota

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Wyoming

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Colorado

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Kansas

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Oklahoma

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Pennsylvania and Texas

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Our dipsticks are located in DC

Any Questions? NO? Didn't think So.

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You are absolutely right brently.

The Truth About Oil

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

About 6 months ago, the writer was watching a news program on oil and one of the Forbes brothers 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 (which had not 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," reports The 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. 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 the information is 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 'mother lode' 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.

Do Ya 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.

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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

McMike

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Well that's great news that we have that resource in our country! It is sad that we have had that knowledge for years and haven't done anything with it. It makes you wonder if those in charge are doing all they can to ensure the success of the united states or just themselves.. :unsure:

A strong united states is good for the stability of the world and even though we are in debt up to our eyeballs we still manage to help other nations who ask for it. At some point we need to stop and pull back, regroup and help ourselves for awhile. JMHO..... :huh:

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