On Saturday, May 31, 2014 11:39:34 PM UTC-4, RayKeller wrote:
WHY HAVEN"T WE HEARD ABOUT THIS ???????????









Sent: 5/20/2014 5:52:07 P.M. Eastern Daylight Time

Subj: Fwd: Oil ---------- Forwarded message ----------





This is mind boggling! Why in God's green earth are we paying $4+ a

gal. for gas? Next time you have to fill up, think of

this!!



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





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 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.





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

Iran500 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 timeyou 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=1911http://www.usgs.gov/newsroom/article.asp?ID=1911

And the shale oil Ponzi just keeps on rolling along.
It's all about finance, not energy.

"PCS" wrote in message
...

And the shale oil Ponzi just keeps on rolling along.
It's all about finance, not energy.

You can choose "green" energy sources if you have money to burn.
http://apps3.eere.energy.gov/greenpo...ng_power.shtml

On 2014-06-01, Jim Wilkins wrote:
"PCS" wrote in message
...

And the shale oil Ponzi just keeps on rolling along.
It's all about finance, not energy.

You can choose "green" energy sources if you have money to burn.
http://apps3.eere.energy.gov/greenpo...ng_power.shtml



The original post by Ray Keller was based on a phoney "report" from so
called "Stansberry research", who is basically a spammer and a small
time crook. His data is all wrong.

http://en.wikipedia.org/wiki/Bakken_formation

Only 2-3 billion recoverable barrels.

Stansberry spammed my son a year ago with some old and tired
"financial world is ending" crap. Then, I spent an hour researching
him and what he does, and that was my conclusion. Same thing in this
instance.

i