OIL - America has more than you think - Jemsite
Off-topic / Miscellaneous Talk about miscellaneous stuff off-topic and not related to music, guitars or bands. No music, gear or anything guitar related here please.

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 26 (permalink) Old 12-28-2010, 10:09 AM Thread Starter
 
shredmaster's Avatar
 
Join Date: Apr 2001
Location: Chicago
Posts: 2,494
OIL - America has more than you think

I found this a VERY interesting read. A close friend of mine confirmed this, as her dad works on many oil rigs around the world as a supervisor / upper management. She emailed me right back to say this is only part of the story!


Subject: : Oil - You better sit down for this.

Here's an interesting 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." Please read below.
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... 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.' It stretches from NorthernMontana, 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 straight. 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 drilling?
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 SaudiArabia
- 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 is all true. Check it out at the link below!!!
GOOGLE it, or follow this link. It will blow your mind.

http://www.usgs.gov/newsroom/article.asp?ID=1911
USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed

http://www.snopes.com/politics/gasoline/bakken.asp
shredmaster is offline  
Sponsored Links
Advertisement
 
post #2 of 26 (permalink) Old 12-28-2010, 10:29 AM
 
Join Date: Aug 2010
Location: In a Land, Far, Far away (Cornwall)
Posts: 94
Reviews: 4
Re: OIL - America has more than you think

I bet they've got all my Lost socks as well...
Pooluke41 is offline  
post #3 of 26 (permalink) Old 12-28-2010, 10:48 AM
 
Join Date: Jun 2002
Location: Dunmore, PA
Posts: 2,325
Reviews: 12
Red face Re: OIL - America has more than you think

But dependence on oil is still a crappy thing for this living planet! I'd like it to be here for my grandkids...

http://www.youtube.com/watch?v=h_CbuQKT8SU
DEADTUNES666 is offline  
post #4 of 26 (permalink) Old 12-28-2010, 11:44 AM
 
RGTFanatic's Avatar
 
Join Date: Jun 2003
Location: New Lenox, IL-USA
Posts: 10,116
Reviews: 2
Re: OIL - America has more than you think

Oddly enough, I saw a trailer for an upcoming show about just this topic last night. I think it was on the "History Channel". It will be a weekly series, but for the life of me I cant remember the name of it.

I did Google the Bakken reserve, although I knew about it a couple of years ago (my family owns a small gas station chain, so I hear about it all the time) It seems the estimates for actual recoverable reserves are all over the map.

Regardless of the actual amount, I fully agree with you Shred that this is a MASSIVE discovery that will not only have an incredibly positive impact on our (U.S) economy, but to ALL countries that currently dependend on foreign crude products.
RGTFanatic is offline  
post #5 of 26 (permalink) Old 12-28-2010, 11:51 AM
Vendor
 
Rich's Avatar
 
Join Date: Dec 2000
Location: South Jersey
Posts: 25,565
Re: OIL - America has more than you think

Why extract it now and sell cheap. They can wait till the rest of the globe is running out and control the world
Rich is offline  
post #6 of 26 (permalink) Old 12-28-2010, 12:34 PM
Moderator
 
jim777's Avatar
 
Join Date: May 2003
Location: Blackwood, NJ
Posts: 9,600
Re: OIL - America has more than you think

It's all BS. The only truth in that is the location, not the contents.

http://mediamattersaction.org/emailchecker/200911250001

According to the folks at FactCheck.org, "The Bakken Formation touted in a chain e-mail isn't the world's largest oil reserve. The amount of oil it contains, according to the U.S. Geological Survey, is less than one one-hundredth of the estimate cited in the e-mail.
http://www.factcheck.org/2009/03/us-...-oil-reserves/

They go on to explain that the Bakken formation actually has somewhere between 3 and 4.3 billion gallons of oil - that's the real government estimate. That amount is only equal to 9 months of US oil consumption or 1 month of global consumption.

Last edited by jim777; 12-28-2010 at 12:51 PM. Reason: added url
jim777 is offline  
post #7 of 26 (permalink) Old 12-28-2010, 05:19 PM
 
Join Date: Jun 2010
Location: NYC, NY
Posts: 435
Reviews: 15
Re: OIL - America has more than you think

Quote:
Originally Posted by DEADTUNES666 View Post
But dependence on oil is still a crappy thing for this living planet! I'd like it to be here for my grandkids...
I would love to see cars run on water, but until something else is discovered, there is only one source.....oil. Ethanol is a failure. Even the environmental movement is running away from electric cars. Why, you ask? Because most electricity is created using coal, which is far worse for the environment than oil.

Let the free market decide. Once someone comes out with a viable alternative, people will flock to it.

As far as media matters goes, you should realize that they are a far left leaning organization. I don't believe anything they say.
lespauled is offline  
post #8 of 26 (permalink) Old 12-28-2010, 05:34 PM
 
Join Date: Mar 2008
Location: SanBerdo,CA
Posts: 149
Reviews: 10
Re: OIL - America has more than you think

Quote:
Originally Posted by lespauled View Post
I would love to see cars run on water, but until something else is discovered, there is only one source.....oil.
I like to think that there is alternate means of fuel but our wonderful government keeps it hush hush. come on Jesse Ventura, find the truth
-BV
Emericavox is offline  
post #9 of 26 (permalink) Old 12-28-2010, 05:48 PM
Moderator
 
elcid's Avatar
 
Join Date: Nov 2002
Location: chicago
Posts: 9,592
Re: OIL - America has more than you think

Quote:
Originally Posted by jim777 View Post
It's all BS. The only truth in that is the location, not the contents.

http://mediamattersaction.org/emailchecker/200911250001

According to the folks at FactCheck.org, "The Bakken Formation touted in a chain e-mail isn't the world's largest oil reserve. The amount of oil it contains, according to the U.S. Geological Survey, is less than one one-hundredth of the estimate cited in the e-mail.
http://www.factcheck.org/2009/03/us-...-oil-reserves/

They go on to explain that the Bakken formation actually has somewhere between 3 and 4.3 billion gallons of oil - that's the real government estimate. That amount is only equal to 9 months of US oil consumption or 1 month of global consumption.
One day when I stop being lazy I'm going to start one of these bs emails. I'm sure once I send it to my mom it will be all over the internet in 3 days.
elcid is offline  
post #10 of 26 (permalink) Old 12-28-2010, 06:23 PM
 
RGTFanatic's Avatar
 
Join Date: Jun 2003
Location: New Lenox, IL-USA
Posts: 10,116
Reviews: 2
Re: OIL - America has more than you think

Quote:
Originally Posted by DEADTUNES666 View Post
But dependence on oil is still a crappy thing for this living planet! I'd like it to be here for my grandkids...

http://www.youtube.com/watch?v=h_CbuQKT8SU
yeah, but walking sucks even more........Just kidding, but really...... Until there are usable alternatives to oil fueled vehicles, there no point in arguing about oil dependence. We ARE as a global network absolutely dependent on oil, and if there is a way to make that oil more available to the buying markets and at a lower price to the public, then its a win-win. I can also assure you that the planet WILL be here for your grand and great Granchildren. (barring any massive cosmic catastrophes).
RGTFanatic is offline  
post #11 of 26 (permalink) Old 12-28-2010, 06:29 PM
 
RGTFanatic's Avatar
 
Join Date: Jun 2003
Location: New Lenox, IL-USA
Posts: 10,116
Reviews: 2
Re: OIL - America has more than you think

Quote:
Originally Posted by Emericavox View Post
I like to think that there is alternate means of fuel but our wonderful government keeps it hush hush. come on Jesse Ventura, find the truth
-BV
There are NO alternative's that can be implemented in any type of measurable time frame. All alternative fuels that are available now use either fossil fuels in their production, or will take 30 plus years to implement

Your ONLY alternative at this point is to conserve as much fuel as you can. consolidate important trips, and eliminate unnecessary ones.
RGTFanatic is offline  
post #12 of 26 (permalink) Old 12-28-2010, 06:38 PM
 
Join Date: Jul 2001
Location: Trondheim, Norway
Posts: 3,614
Re: OIL - America has more than you think

Quote:
Originally Posted by RGTFanatic View Post
There are NO alternative's that can be implemented in any type of measurable time frame. All alternative fuels that are available now use either fossil fuels in their production, or will take 30 plus years to implement

Your ONLY alternative at this point is to conserve as much fuel as you can. consolidate important trips, and eliminate unnecessary ones.
Do you really believe that? I can buy an electric car and never worry about fossil fuel. It is built with plastic parts - fossil. The energy that will power the car does not have to be fossil.

The alternatives are here, you just have to choose them. They might be more expensive, some are cheaper (depends on how "lucky" you are with your country). Water, air, the sun - all produce energy good enough to power a vehicle.
The Euphor is offline  
post #13 of 26 (permalink) Old 12-28-2010, 07:29 PM
 
RGTFanatic's Avatar
 
Join Date: Jun 2003
Location: New Lenox, IL-USA
Posts: 10,116
Reviews: 2
Re: OIL - America has more than you think

Quote:
Originally Posted by The Euphor View Post
Do you really believe that? I can buy an electric car and never worry about fossil fuel. It is built with plastic parts - fossil. The energy that will power the car does not have to be fossil.

The alternatives are here, you just have to choose them. They might be more expensive, some are cheaper (depends on how "lucky" you are with your country). Water, air, the sun - all produce energy good enough to power a vehicle.
And MOST plastic is made from petroleum, as well as tires, wiring insulators, windshield wipers, carpets, cloth seat upholstery, brake fluid, electric motor oil, steering and suspension linkage joints also contain petroleum grease. The factories that produce these vehicles use coal and electricity to make the cars. Obviously the coal is a fossil fuel, but where do you think the electricity comes from?? Coal fired electric generators maybe?? the "electric" cars have to be shipped to their sales location, right? would that be in deisel powered ships, deisel powered trucks, and deisel powered trains??

I guess they're not as "Fossil fuel free" as you might think
Ryc
RGTFanatic is offline  
post #14 of 26 (permalink) Old 12-28-2010, 07:34 PM
 
RGTFanatic's Avatar
 
Join Date: Jun 2003
Location: New Lenox, IL-USA
Posts: 10,116
Reviews: 2
Re: OIL - America has more than you think

.....not to mention the fact that the cars have to be re-charged. With what you might ask.... electricity of course!!! I know some parts of the world have SOME thermo-electric or hydro-electric plants, but I ABSOLUTELY assure you that the VAST MAJORITY of electric generation plants are COAL FIRED........... so your burning fossil fuels EVERY time you re-charge.
RGTFanatic is offline  
post #15 of 26 (permalink) Old 12-28-2010, 07:58 PM
 
Join Date: Mar 2009
Location: UK/Ireland
Posts: 3,525
Re: OIL - America has more than you think

OIL??? And That's Not Just Greasy Kid's Stuff. ;-)

Last edited by IbanezDaemon; 12-28-2010 at 08:04 PM. Reason: Typo
IbanezDaemon is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Jemsite forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address

IMPORTANT: You will be required to activate your account so please ensure that your email address is correct.

If you do not receive your activation check your spam folder before using the CONTACT US form (at the bottom right of each page).



Email Address:
OR

Log-in











Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Grand Tour Of America Ant1981 Off-topic / Miscellaneous 15 02-18-2008 04:55 PM
AMERICA - HAPPY 4TH OF JULY !! jemaholic Off-topic / Miscellaneous 15 07-05-2007 01:34 AM
Copa America 2007 jb4674 Off-topic / Miscellaneous 3 06-28-2007 02:17 PM
JEM shipment when in North america ? hollow125 Ibanez JEM, UV, JS & Other Signature Models 2 05-16-2007 10:58 PM
Only In America screamndemon69 Off-topic / Miscellaneous 13 03-01-2006 01:24 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome