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Old 02-25-2009, 09:44 PM   #1
Avid
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Default Vast oil reserves

http://www.rense.com/general85/peak.htm

Quote:
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...

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!

U. S. Oil Discovery - Largest Reserve In The World!
Stansberry Report Online - 4-20-6
much more on link

Well why are they waging wars over 'oil pipelines' and so-called 'terror' if there's no need????
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Old 02-25-2009, 11:15 PM   #2
micjer
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Default Re: Vast oil reserves

Avid said:
Quote:
Well why are they waging wars over 'oil pipelines' and so-called 'terror' if there's no need????
__

I agree with you but couldn't we say that about all wars. It's all about creatiing wealth for the PTB through the war machine. Its all about control and putting fear into everybody.

Lindsey Williams says there is another reserve in Alaska that they are keeping under the lid also. There is not a crisis yet but they want to manipulate the price to cause the chaos to create a solution of a NWO.

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