Is the Government Pushing MPG To Hide “The Largest OIL Find Ever”

Posted by christiancarguy on 8 May, 2009
This post was filed in Gas Prices and has 2 comments

oil_gusher1I got this in an email from my Uncle Gordon Dilmore and couldn’t resisit posting it.

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 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.’ 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.

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 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/fired up yet?   Hope so! 

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 

open-arms

 

 

 

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2 Comments on “Is the Government Pushing MPG To Hide “The Largest OIL Find Ever””

  • Irene Abbott
    9 May, 2009, 12:41

    I went to the USGS site to check – yep, it’s true and they even did a study on the quality of the stuff – it’s good oil and the basin stretches all the way into Canada. It’s huge.

  • christiancarguy
    9 May, 2009, 16:05

    My step father is a Geologist as well, he checked it out and said the same thing, very disturbing.

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