The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and

[MarkedFeed]

is this really true? if so then this is just one more confirmation that our own government is screwing us BIG TIME!!



The U.S. Geological Service issued a report in April ('08) that only
scientists and oilmen 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=2 010% 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 ha s 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 Onli ne - 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 a s 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,environmentalists and left wing 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.


Read more...