Comment at end
9th February, 2010
A few days ago on US TV Mike Huckabee interviewed Tony Blair, as covered here.
A commenter at Huckabee’s feedback pages mentioned this; something most of us have forgotten, if we even heard about it in the first place:
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” (and 18 times as much oil as Iraq.)
The commenter’s full entry:
Why don’t we pursue the oil beneath North Dakota ??
Here’s an interesting read: and some important and verifiable information :
About 6 months ago, the writer was watching a news program on oil and one of the Forbes brothers 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 (which had not 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 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. 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 the information is 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 ‘mother lode’ 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 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.
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.
Do ya’ 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.
I realise that the “it’s all about the oil” aficionados will say that this oil is a recent discovery, 2006, well after the Iraq war started. And I understad the reservations about the cost of extraction. But it is clear that since the 1950s the USA has known about huge reserves under its territory.
For the sake of balance – and who says I’m unbalanced? – the respected Snopes site throws some cold water on this claim, and provides other figures for perspective. It certainly lends little credence to the 41 years reserves from Bakken alone as claimed by some. As forthe claim in the comment quote “That’s enough crude to fully fuel the American economy for 2041 years straight” – no mention.
From my own perspective the idea that America or any country would go into Iraq in order to “get” and transport their oil back to the states when America has known for decades that it is sitting on huge reserves at home is as daft as the idea that America or any country would go into Iraq on the basis of there being WMD while knowing there weren’t any. That “lie” on WMD would soon become transparent to all and be broadcast far and wide as a lie.
Even when it is the truth.
It would seem that there is oil enough to serve America’s needs for some time to come.
There is also likely to be evidence of WMD in Saddam’s Iraq hidden under the sands.
But conspiracies get halfway round the world before the truth has time to get its boots on. And so it has proved in the narrative and arsenal of the anti-Iraq war and New World Order conspirators.