Monday, October 31, 2011

How much oil is there in the USA?

I saw my first drilling project in the Bakken just 9 years ago from a Blackfoot Indian Chief and published author.

He was prescient on this field’s potential.

Best, Bud.
This formation extends into Canada and is about the size of Texas.

Sent: Thursday, October 27, 2011 7:47:25 AM
Subject: FW: make sure your sitting down
OIL - You  better be sitting down when you read  this  !!!!!!

As you may  know, Cruz Construction started a division in  North Dakota 
just 6 months ago.

They sent  every Kenworth (9 trucks) we had here in Alaska  to North Dakota 
and several drivers.

They  just bought two new Kenworth's to add to that  fleet; one being a Tri 
Drive tractor and a new  65 ton lowboy to go with it.

They also  bought two new cranes (one crawler & one  rubber tired) for that 

Dave  Cruz said they have moved more rigs in the last  6 months in ND than 
Cruz Construction moved in  Alaska in the last 6 years.

Williston is  like a gold rush town; they moved one of our 40  man camps 
down there since there are no rooms  available.

Unemployment in ND is the  lowest in the nation at 3.4 percent last I  

See anything in the national  news about how the oil industry is fueling 
North  Dakota's economy?

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.."

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( 5 
billion  barrels), 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  

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  

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 can be verified. Check it out at the link  below !!!!!! ) >  

Curz  Construction: 

No comments:

Post a Comment