Ever heard of the Bakken Oil Formation?

Ever heard of the Bakken Oil Formation?

I did a search on Bakken starting with Wikipedia and apparently the info below is true. How it has remained silent during this period of oil costing up to $150 a barrel is puzzling unless it’s true about the Democrats stonewalling.

You don’t even have to check with Snopes to see if this is true…Just put in ‘Bakken Formation’ on GOOGLE and stand by for the load of info that will descend on you! Snopes is somewhat evasive in a response.

1. Ever heard of the Bakken Formation?

The U. S. Geological Service issued a report in April (’08) that only scientists and oilmen/women 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 … 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.’ 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, people!]

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 is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.

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 democrats and leftwing republicans have blocked all efforts to help America become independent of foreign oil.

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. —- Got your attention/ire up yet? Hope so! Now, while you’re thinking about it … and hopefully P.O’d, do this:

3. Take 10 minutes and compose an e-mail; fax or good old-fashioned letter to all your friends and associates. Alert them to the fact that democrats and ‘liberal’ republicans have been and will continue to obstruct all plans to make America independent of foreign oil. The only solution is to vote all democrats and Marxist oriented republicans out of office.

If you don’t take a little time to do this, then you should stifle yourself the next time you want to complain about gas prices .. because by doing NOTHING, you’ve forfeited your right to complain.

I received this via email today and did do the Google search, maybe it’s time we raise so much hell that Congress and the Senate start thinking that we’re going to vote them out if this is not pursued, might be a good idea too!

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11 Responses to Ever heard of the Bakken Oil Formation?

  1. nunoftheabove says:

    I don’t send too many forwards, but this is a link and I going to send to those on my mailing list.

  2. TexasFred says:

    Nun, I feel the same way, if I forwarded all the garbage I get via email my readers would brand me a spammer, but this one was just too important to NOT send out and post too…

  3. Basti says:

    I heard a story many years ago that’s sort of a conspiracy theory.

    The story was in this in a nutshell. The powers that be want to use up all the foreign reserves of oil in the world before tapping any more domestic sources. This was suppose to be because once only the US had any reserves of oil it would have the whip hand.

    This story is all mixed up with Skull & Crossbones, the Masons, and the Trilateral Commission. It most likely is just bullshit, but given what we’ve seen in the last few years anything is possible.

  4. TexasFred says:

    Basti, it’s quite possible I think, but the SOBs have all but bankrupted the American people in doing so…

    This nation can be saved but it’s gotta happen soon or it won’t be an America worth saving…

  5. Right Truth says:

    Yes I’ve read about this, but the Left doesn’t want any drilling there either.

  6. AEGeneral says:

    Ever heard of the Kaiparowitz Plateau? It has an estimated $1 trillion dollars worth of the cleanest burning coal on the planet. It is one of three sites like it in the world, and it’s on US soil.

    But while on a campaign stop in an adjacent state back in 1996 — in an adjacent state, to add insult to injury — Bill Clinton inexplicably declared it a national monument just as companies were bidding on leases to begin extracting it.

    So don’t be surprised if Obama gets elected that he suddenly finds the need to declare the Bakken Formation off-limits in the name of protecting the planet. Democrats have a knack for hamstringing all of us and then complaining that it’s Big Oil’s or Big Coal’s fault that energy costs are so high.

  7. AEGeneral says:

    By the way, here’s an article Dennis Avery wrote about it back in April:

    http://www.pipelinenews.org/index.cfm?page=dakotaoil4.24.08.htm

  8. ChicagoRay says:

    Interesting info for sure Thanks Fred.

    The left is so dug in a hole in congress, that if a true reformer ever gets in the white house and reveals the amount of deception and obstruction foisted upon America in the area of oil exploration and exploitation, we and especially they would have a new aged revolution on their hands staring down the barrels of our weapons.

    Something the left and right could unite on, finally removing the entire political structure that’s swerved so far off coarse from our origins a mere 230 years ago, the founding fathers would take it all away for being so stupid and passive in the face of this new aged tyranny.

    Nancy Pelosi and Harry Reid should and would be the first casualties swinging from yard arms. The next one would be Fat assed Jihad Jack Murtha since we would need two arms to string that fat treasonous hogzilla up.

  9. At this point I wouldn’t mind throwing some others from the Right side of the aisle into the “Awaiting Yardarm Line” as well.

    BZ

  10. StormWarning says:

    Horizontal drilling.

  11. ChicagoRay says:

    Absolutely Zep, and truthfully if McCain wasn’t the man we need to send to the white house to keep Obama from turning it into Motel Six Hollywood East and the Lincoln bedroom into a zebra carpeted crack den, he’d have to be in the front of the line formed on the right for his borderline treasonous immigration stances.

    He better redeem himself like he claims when he gets the job, and I kinda think he actually will.

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