This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. (Privacy Policy)
CloudflareThis is used to quickly and efficiently deliver files such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisements has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
jump to last post 1-1 of 1 discussions (7 posts)

Subject: Oil surprise

  1. OLYHOOCH profile image61
    OLYHOOCHposted 7 years ago

    OIL---you better be sitting down when you read this ! !

    You "will" pay $5 a gallon + again and you won't complain loud enough to make a difference, RIGHT!

    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 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 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," reportsThe Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken' 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 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 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 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 time you 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 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

    Guess what? The democrats took control of the house and senate in 2006. Amazing isn't it?

    1. CHRIS57 profile image61
      CHRIS57posted 7 years agoin reply to this

      It is only a wiki page, but have look:
      http://en.wikipedia.org/wiki/List_of_co … l_reserves

      Isn´t there a little flaw in your math? How is it possible to run the American economy for 2041 years from the Bakken´s reserve. I didn´t find a recovery figure beyond 24 billion barrels for Bakken. That is good for 1 year of US economy and a good spring season. What is the big deal.

    2. kerryg profile image88
      kerrygposted 7 years agoin reply to this

      Several people have posted variations of these emails in recent months. They're not true.

      First of all, the USGS link you posted at the end says nothing about 500 billion barrels in Bakken. It says 3 to 4.3 billion. The US uses about 6.5 to 7 billion barrels per year, so even if we recover the whole lot, it will last us less than one full year.

      Even if it were 500 billion barrels, that's still only about 70 years, nowhere near 2041. This is elementary school math.

      Additionally, the "more than TWO TRILLION" figure is an inflated version of the upper estimates (actually 1.5 to 1.8 trillion barrels) for the amount of oil in the Green River Formation. Unfortunately, it's shale oil, not crude, which is hugely expensive to produce, uses a tremendous amount of water (a major problem in the arid Rockies), and produces copious amounts of toxic by-products. Barring major improvements in the technology used to extract it, most of the Green River oil is likely to stay where it is.

    3. profile image0
      Texasbetaposted 7 years agoin reply to this

      Snopes that Oly....it ends up being a lie.

      1. profile image0
        Texasbetaposted 7 years agoin reply to this

        Not a lie by you, just a misunderstanding based upon misinformation that you didn't check.

        1. OLYHOOCH profile image61
          OLYHOOCHposted 7 years agoin reply to this

          Sorry about that. This is what happens on one cup of coffee.

          OLY

          1. profile image0
            Texasbetaposted 7 years agoin reply to this

            I can sympathize my man

 
working