Just How Much Oil Does The US Have?

[imported_GC1]

Lots...Clicky

>> 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
>> 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.
>>
>> 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
>> all 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.
>>

[imported_GC1]

More on Colorado...

And more...

[Shooter]

Im sure the Democrats will never let it be taken out of the ground...might hurt a rabbit, or some microscopic life.

[plantsman]

3 minutes til refuted...lol!

[BlueWahooChambordDevil]

ted turner has an estimated 1-2 billions barrels beneath his ranch in new mexico

this is why you cannot let tree huggers and hippies control your policy

[BlueWahooChambordDevil]

that also doesnt seem to account for what is offshore in fla

[imported_ndn10]

ahhh guys its fake oil... its just a desperate way for the republicans to say look what we found. Probally just a bunch of strong grape Kool-aid down there. haha

[plantsman]

I've always suspected ol commie Ted may have been buying up land that covered lots of water... maybe it's oil afterall!

[BlueWahooChambordDevil]

ted has a 300 year coal reserve and countless cubic feet of natural gas under his NM ranch as well

[plantsman]

What a guy - made billions in a capatalistic society and deplores the concept greatly.