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.
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
"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
However, a recent technological breakthrough has opened up the Bakken's
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
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 !!!!!!
http://www.usgs.gov/newsroom/article.asp?ID=1911 ) >