World's largest oil field in...N. and S. Dakota and Montana

[Oy Ze Hate]

World's Biggest Oil Reserves
In S Dakota, E Montana
Author Unknown
7-7-9

The U.S. Geological Service issued a report in April ('08) that only scientists and oil men 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 Bake is the largest domestic oil discovery since Alaska 's Purdah 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 'Bake.' 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!

1. That's enough crude to fully fuel the American economy for 2041 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!

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/ire up yet? Hope so!

Now, while you're thinking about it .... and hopefully P.O'd, do this:

3. Pass this along. 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.

Now, I just wonder what would happen in this country if every one of you sent this to every one in your address book.

This is all true. Check it out at the link below. GOOGLE it or follow this link. It will blow your mind.

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

[Fred]

Why are we not drilling?

Lets ask the Rothschild family. Maybe they can tell us.

[Kievsky]

It's shale oil, and it takes as much energy to get it as you get from it. That is, it has negative EROEI (Energy Returned on Energy Invested).

[elbwgreez]

Originally Posted by Kievsky

It's shale oil, and it takes as much energy to get it as you get from it. That is, it has negative EROEI (Energy Returned on Energy Invested).

That's good. If they had good oil those states would be ruined very quickly.

[Kievsky]

Originally Posted by elbwgreez

That's good. If they had good oil those states would be ruined very quickly.

All too true. Instead of hiring White Americans they'd import Niggerians and Mexicans to work the oil fields.

[Hugo Böse]

Hmm, apparently there is something to this and from what I read, its liquid, not in shale form.

On page 2
http://www.eia.doe.gov/pub/oil_gas/n...ck/ngshock.pdf

[Kievsky]

Discovered in 2000 and now grown to 529 square
miles, the Elm Coulee Field produced 15 million
barrels of oil in 2005. It now accounts for almost
50,000 barrels of oil per day, about half of Montana’s
crude oil production (Figure 2). This level of
production would not have been attained without
application of the most recent horizontal drilling and
completion techniques.

15 million barrels in 2005, that's less than one day's worth of oil for the US. 50,000 barrels a day is .04%, or 1/400th of US daily use.

[Mike in Denver]

Originally Posted by Kievsky

It's shale oil, and it takes as much energy to get it as you get from it. That is, it has negative EROEI (Energy Returned on Energy Invested).

Sorry, it's not shale oil. It's fairly shallow, easy to drill oil, and there are thousands of years of it. The area is composed of shale formations, but the oil is easy to extract liquid oil.

"

Porosities

Porosity

in the Bakken average about 5%, and permeabilities are very low, averaging 0.04 millidarcies—much lower than typical oil reservoirs.[6] However, the presence of horizontal fractures makes the Bakken an excellent candidate for

horizontal drilling

Directional_drilling

techniques in which a well drills horizontally along the bedding, rather than vertically through it. In this way, a borehole can contact many thousands of feet of oil reservoir rock in a unit with a maximum thickness of only about 140 feet (40 m).[7] Production is also enhanced by artificially fracturing the rock,[8] to allow oil to seep to the oil well." And, as the top post in the thread states, this is $16 a barrel oil.

Not only is there this giant deposit, but Western Canada also has similar un-tapped oil deposits nearly as large.

Peak oil is a childish scam. At least for the next few thousand years.

Mike

[Mike in Denver]

Plus, these deposits are almost irrelevant. There is so much damn oil in Alaska, off the coast of California, and in the Gulf of Mexico, much of it already drilled and capped, that even without these new deposits, we couldn't run short of oil for many hundreds of years.

The price of oil is running around $60 a barrel today, and heading down. If supply and demand set the price of anything (they don't) the price of oil would probably be about $24 a barrel. The price of oil, in fact any commodity, is set, on a day-to-day basis by speculators, and when needed (by them,) central banks and giant financial entities will jump in to adjust prices by large amounts, or even change the overall direction of commodity prices.

That's it. Supply, demand, free-market...all jokes to fool the rubes. We'll have as much oil as the aristocrats who run the world want us to have, and at the price they want us to pay.

Mike

[Magog]

All that inferstructur cost moeny.

the oil men will not walk away form their investmnet, and they found the green evironmentals to block all, but their pipe line...

Smart business, but the greens work for the oil fucks.

[elbwgreez]

Originally Posted by Kievsky

All too true. Instead of hiring White Americans they'd import Niggerians and Mexicans to work the oil fields.

The oil money would ruin the states because it would attract the parasites. Also, the newly rich residents would hire Mexicans to mow lawns, be nannies, etc.

[Alex Linder]

The truth is probably that there is no significant space on earth without oil under it.

[Steve B]

The Russians have a theory that oil is self replenishing. That it comes from the earths molten core and it will never run out.

[psychologicalshock]

There is oil practically everywhere if you dig deep enough, deep oil collection is even possible in Vietnam where there was thought to be no oil at all but currently Vietnam is collecting its own oil.

[Curious]

Originally Posted by Kievsky

It's shale oil, and it takes as much energy to get it as you get from it. That is, it has negative EROEI (Energy Returned on Energy Invested).

Even if takes more energy, this doesn't have to matter if it is a different kind of energy; electricity or coal to drill oil for cars (or plastics) for example.

[psychologicalshock]

Originally Posted by Steve B

The Russians have a theory that oil is self replenishing. That it comes from the earths molten core and it will never run out.

Can you prove that oil is of biological origin?

[Fred]

The whole oil thing is a scam.
Oil can be cheap and it is very plentiful. It also works great.

There is no logical argument for restricting the use of it.

[psychologicalshock]

Originally Posted by Fred

The whole oil thing is a scam.
Oil can be cheap and it is very plentiful. It also works great.

There is no logical argument for restricting the use of it.

If you believe that its due to decaying bodies then it is limited but I have never seen conclusive proof of it.

In fact most of the evidence shown is pretty baffling considering most of the proposed evidence was either thrown out on the basis of common sense or examination of meteorites.That it's still taught on the basis of stuff like the odd-even argument is probably as surprising as the fact that the Out-of-Africa theory is still held up in anthropology as absolute fact. It's been a long fall for science.

[DiCarlo]

Originally Posted by Fred

The whole oil thing is a scam.
Oil can be cheap and it is very plentiful. It also works great.

There is no logical argument for restricting the use of it.

Fred! I believe you're absolutely correct.

I dont' believe that the powers that be want there to be enough oil. The powers that be I believe are about ultimately destroying society and we are very close to that happening. Of course, I hope not, but I'm pessimistic rather than optimistic. Back when oil was about to go to $150 a barrel, I was listening to Alex Jones and he had on his program this Lindsay Williams. He predicted oil was going to drop to $50 a barrel within the year. I thought, "yeah right". Well, needless to say, oil did drop to even below $50 a barrel. So, that gave Williams a certain amount of credibility in my eyes. He also claims there has been a discovery of as much oil on the North Slope in Alaska as there is in all of Saudi Arabia. He claims he got the information from the same people who told him oil was going to drop to $50 last year. Of course, the oil supply is being manipulated, and those manipulating it don't care about us. Check out the video if you care to.

http://video.google.com/videoplay?do...74697167011147

[psychologicalshock]

By the way , there is a significant difference between the Mantle and the Core-

http://upload.wikimedia.org/wikipedi...ay-english.svg

You could have at least looked up the article on wikipedia to ascertain that fact . How exactly would carbon come from liquid metal? Not everyone is as dumb as you Steve.

Fucking retarded Kwan.