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May 14th, 2008 admin Leave a comment Go to comments

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It is not my article. The author wanted everyone to read and know.

This article came to me in order to be distributed. I'm Mike Samadi NOT take credit for This, however, I wish you (the readers to know how much you love your government representatives and executives of oil companies). You pay for your decision to choose which is placed in the office.

GOOGLE or follow this link. It blow your mind.
http://www.usgs.gov/newsroom/article.asp?ID=1911

The U.S. Geological Survey published a report in April ('08) that only scientists and oilmen knew was coming, but he was great. It is a revised report (had not been updated since '95) on how much oil was in this area of 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) estimated at 503 billion barrels. Even if only 10% of the oil is recoverable … to $ 107 a barrel, we are looking at a resource base worth more than $ 5.3 trillion.

"When I first briefed legislators on this, one could almost see their jaws hit the floor. They had no idea." Says Terry Johnson, a financial analyst Montana Legislature.

"This significant find is now the largest onshore oil field in the past 56 years." Reportedly Pittsburgh Post Gazette. It is a formation known as the Williston Basin, but is more commonly known as the Bakken. ", Extending from northern Montana, through North Dakota and Canada. For years, U.S. oil exploration has been considered a dead end. Even the "big companies oil "gave up the search for oil wells decades ago. However, a recent technological breakthrough has opened up enormous reserves of the Bakken's … and we now have access to 500 million 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 consecutive years.

2. And if that does not throw you in the floor, then the next, because it's two years ago!

U.S. Oil Discovery-Largest Reserve in the world! Stansberry Report Online – 4/20/2006
Hidden 1,000 feet below the surface of the Rocky Mountains lies the largest untapped oil reserve in the world is more than 2 billion barrels. On August 8, 2005 President Bush mandated its extraction.

It was 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 much oil as Kuwait
– 22-times as much oil as Iran
– 500-times as much oil as Yemen
– And all is well here in the west United States.

How can that be? How can we NOT BE extracting this? For environmentalists and others have blocked all efforts to help America to be independent of foreign oil!

James Bartis, lead study investigator, says that we have more oil in this very compact area around the Middle East, more than 2 billion barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.

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Do not think 'OPEC will lower its price – even with this find? Think again, this is all about the competitive market – it has to.
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She called attention / IRE up? I hope so! Now, while you're thinking about it … and hopefully PO 'd, do this:

3. Pass along this .. If you do not take a little time to do this, then you should stifle yourself the next time you want to complain about prices gas .. Because by doing nothing, you have lost your right to complain.
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Now I wonder what would happen in this country if every one of you sent this to everyone in your address book.

Best of luck

Thanks

Mike Samadi

Any questions? Go to href = "http://www.mastercreditrepair.net/qa/" target = "_blank" title = "Questions and Answers> Q & A target = "_blank" title = "Home credit repair"> www.MasterCreditRepair.net target = "_blank">, read and publishing. Go to the comment of the "page" and post your story or comment.

About the Author:

Mike Samadi is an author of several books and over 30 extensive consumer financial articles. He is widely known as a credit repair expert. Read Mike’s book (”Bad Things happen to Good People. Your Credit = Your Life, Fix It Now!” or “Saving Your Money”) to gain knowledge and experiences needed to overcome your financial problems. Please visit the website at http://www.MasterCreditRepair.net to learn more and fix/maintain your credit and save money in all sorts of ways. The site is not just about credit repair. It will teach you about money management, stopping scam so that you would not lose time nor money and so much more. Join his upcoming membership site and team.

Article Source: ArticlesBase.com – Oil and Gas Scam

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