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Ron Turner
*OIL – you better sit down.* *..* *
Here’s an interesting 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.” Please read below.
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**
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*extreme eastern Montana …… check THIS out:* *
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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. More