Bakken Oil Field in Montana – Salvation or Scam?

US has over 4 Trillion Barrels of Oil in the Bakken Oil Field according to the USGS.. Enough Oil to free the United States from all dependence on Middle Eastern Oil for the next 2 generations.
Why are we not using it?
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 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 break through ha s opened up the
Bakken’s massive reserves… and we now have acces s 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 a ll right here in the Western 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 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.
[Got your attention up yet? Hope so! Now, while you’re thinking about it … Contact your Democratic Congressman, Nancy Pelosi and Harry Ried and tell them to Open up the Bakken.
Here is an article which indicates that the Bakken may not be the Salvation some think.
Search Information for this article.
Bakken Oil Field * USGS Bakken Oil Field   * Current Oil Reserves  * Cost of Drilling
XXXXX Crass Commercial Message xXXXXXXXXXXXXXXXXX
XXXXXXXXX Please check out the brochures below..XXXXXXXX
Going on a Vacation would be a good way to help the economy and ordering a brochure would help me too.

---

Possibly related posts: (automatically generated)

• Fw: Oil – You better sit down for this.
• EVEN MORE COMPELLING INFORMATION THAT AMERICA CAN BECOME ENERGY INDEPENDENT…
• Check this out!