OIL - You better be sitting down when you read this!

[Charlie Hannah]

Just received this from an old mate of mine back home.
WOW – what a report (if true, and it seems to be verified). I am furious. . .I feel like going to Washington and blowing up those deadbeat, dummies! The most I can do right now tho is pass this along and hope it finds its way to all of you and, better yet, get it to the influential people that can get something done!!! bj






Next time you have to fill up at $3.49/gallon, think of this!!












OIL - You better be sitting down when you read this!










As you may know, Cruz Construction started a division in North Dakota just 6 months ago. They send every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers. They just bought two new Kenworth's to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it. They also bought two new cranes (one crawler & one rubber tired) for that division.



Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years.



Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.



Unemployment in ND is the lowest in the nation at 3.4 percent last I checked.



See anything in the national news about how the oil industry is fueling North Dakota's economy?



Here's an astonishing 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."



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 sm(EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable( 5 billion barrels), 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, 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 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. 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 can be verified. Check it out at the link below !!!!!!







http://www.usgs.gov/newsroom/article.asp?ID=1911> ;

Copy and paste the link in your browser.

[cappy]

well charlie when the arab oil runs out ...we will see them back on camels .....and we will get our football teams back ......most of london ....and half of the uk .....now i understand why we like our dear friends the american s p e c i a l relationship

[happy daze john in oz]

If that amount of oil was made available now the price of petrol would drop to about 10 cents a litre, not on say the oil barons so keep supply tight and keep the price up.

[j.sabourn]

OIL.... Also the name of an oil related service company to the oil industry. Stands for Ocean Inchcape Limited. Anyone sail with them... JS

[Louis the fly]

That will be good news to any oil producing countries we haven't invaded yet.

[Captain Kong]

In 1980 I was in a Hotel in Southampton.
I sat next to a Texan Oil man at the bar. He had been surveying the full length of the English Chjannel, He said, ". You guys are sitting on a gold mine out there."
They were finding oil and then cap the wells all the way down the Channel.
He said no point in bringing it ashore, you have build tank farms etc. leave it where it is until it is needed. Also all the Celtic Sea, twixt Lands End and Wales is full of oil.
So we use up the oil in the Scottish Sector of the North Sea before we use the English oil. Dont think Salmond knows this.
Cheers and thanks Charlie.
Brian

[j.sabourn]

In 1989 I was on a supply vessel come Safety ship working out of Shoreham and another little port further to the West and there was a jack Up rig we were working. Dont know what they found but as the drilling rig is the second in the sequence after the Seismic ship, have no doubt there is oil there, in what quantities that will be priviliged information to the oil companies and maybe the government also. Cheers John S.

[Neville Roberts]

opec is a cartel and like all cartels they manipulate the price of their commodity to suite them ,The usa has lots of oil and export a lot of it too countries that will pay more than they can get of the US public. and don't drill so as to save for the future coming shortages elsewhere .capitalism at its worst .

[Ron B Manderson]

Don't you know that U.S.A are pumping oil down disused coalmines in Kentucky.
I thought everyone knew this.
Ron the batcave

[vic mcclymont]

Don't you know that U.S.A are pumping oil down disused coalmines in Kentucky.
I thought everyone knew this.
Ron the batcave

The reason why its (oil) is pumped down used coal mines is for in times of a shortage, and only that.