We might have enough oil for ever. Right here in the USA.
The information below is so worth reading…
I first learned of the Bakken formation 6 or 7 years back. I’ve talked about it, asked about it many times but very few seem to know about it. On some occcasions I’ve been ignored usually by some environmentalist. Many times I’ve asked the same question: why aren’t we tapping into these reserves. It seems like we finally are. I just read the other day that for the first time in many years we are no longer reliant on foreign oil imports. I don’t know whether or not this is true but it certainly raises soem interesting questions.
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OIL – You better be sitting down when you read this !!!!!! They sent 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 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.” 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 it at 503 billion barrels. Even if just 10% of the oil is ecoverable( 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. “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: 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 pe’ople 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 can be verified. Check it out at the link below !!!!!! http://www.usgs.gov/newsroom/article.asp?ID=1911 Cruz Construction: |
Thousands of US troops deploying to Israel Click here to read
Via- Foxnews– Iran test-fired a surface-to-surface cruise missile on Monday during a drill that the country’s navy chief said proved Tehran was in complete control of the strategic Strait of Hormuz, the passageway for one-sixth of the world’s oil supply.
The missile, called Ghader, or Capable in Farsi, was described as an upgraded version of a missile that has been in service before. The official IRNA news agency said the missile “successfully hit its intended target” during the exercise.
No other details were released about Ghader. An earlier version of the same cruise missile had a range of 124 miles and could travel at low altitudes. There were suggestions it could counter the U.S. naval presence in the Persian Gulf.
Iran’s 10-day navy drill, which ends Tuesday, was Tehran’s latest show of strength in the face of mounting international criticism over its nuclear program. The exercise came amid conflicting comments from Iranian officials over Tehran’s intentions to close the Strait of Hormuz, and U.S. warnings against such an ominous move.
“The Strait of Hormuz is completely under our control,” Iran’s navy chief Adm. Habibollah Sayyari said after Monday’s test. “We do not allow any enemy to pose threats to our interests.”
The latest version of the Ghader was delivered in September to the naval division of Iran’s Revolutionary Guard, which is assigned to protect Iranian sea borders. At the time, Tehran said the missile is capable of destroying warships.
“In comparison with the previous version, the highly advanced Ghader missile system has been upgraded in terms of its radar, satellite communications, precision in target destruction, as well as range and radar-evading mechanism,” said Rear Adm. Mahmoud Mousavi, a spokesman for the drill.
State TV showed footage Monday depicting the launch of two missiles, which were fired into the sky and which the TV said could hit targets “hundreds of kilometers (miles) away” from the point of origin. The broadcast said two more missiles, with a shorter range, were also tested Monday.
“We conducted the drill … to let everybody know that Iran’s defense and deterrence powers on the open seas and the Strait of Hormuz are aimed at defending our borders, resources and our nation,” said Sayyari, the navy chief.
The testing comes a day after Iran test-fired an advanced surface-to-air missile called Mehrab, or Altar in Farsi, which was described as medium-range.
Iran had said the sea maneuvers would cover a 1,250-mile stretch of water beyond the Strait of Hormuz at the mouth of the Persian Gulf, as well as parts of the Indian Ocean and the Gulf of Aden.
A leading Iranian lawmaker said Sunday the maneuvers served as practice for closing the Strait of Hormuz if the West blocks Iran’s oil sales. After top Iranian officials made the same threat a week ago, military commanders emphasized that Iran has no intention of blocking the waterway now.
Mousavi on Sunday also emphasized that Iran has no plan to choke the strait. “We won’t disrupt traffic through the Strait of Hormuz. We are not after this,” the semiofficial ISNA news agency quoted him as saying.
Mousavi said the drill was “tactical” and meant to show Iran was capable of assuming full control over the strait in case this became necessary.
The West fears Iran’s program aims to develop atomic weapons — a charge Tehran denies, insisting it’s for peaceful purposes only.
Beijing braces for mass unrest as Hu warns economy faces ‘grim outlook’ in 2012
Special to WorldTribune.com
By Willy Lam, East-Asia-Intel.com
Things are not looking favorable for the world’s second-largest economy as the Chinese Communist Party (CCP) leadership takes steps to ensure enough economic growth in 2012 to head off massive social unrest.
Residents look on as riot police patrol on a street in the township of Xintang in Zengcheng near the southern Chinese city of Guangzhou on June 13. / Reuters
The Central Economic Work Meeting (CEWM), which concluded in Beijing on Dec. 14, confirmed earlier speculation that the leadership was reversing the tight-money policy of the past two years in the interest of “guaranteeing steady growth.”
A severe-looking President Hu Jintaoannounced at the meeting that his administration anticipated “an extremely grim and complicated” global economic situation, which could deal a big blow to Chinese exports.
Since the global financial crisis erupted in late 2008, Beijing has mainly relied on government injections into infrastructure projects — and a highly inflationary real-estate market — to maintain a 9 percent growth rate.
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N. Korean ruler Kim Jong-Il dead at 69
File photo of North Korean senior party, army and state officials sit under a huge image of leader Kim Jong Il at a national meeting in Pyongyang. State television announced on Monday that Kim had died on Dec, 17.
PYONGYANG, North Korea — Kim Jong-Il, North Korea’s mercurial and enigmatic leader, has died. He was 69.
In a “special broadcast” Monday from the North Korean capital, state media said Kim died of a heart ailment on a train due to a “great mental and physical strain” on Dec. 17 during a “high intensity field inspection.” It said an autopsy was done on Dec. 18 and “fully confirmed” the diagnosis.
Kim is believed to have suffered a stroke in 2008 but appeared relatively vigorous in photos and video from recent trips to China and Russia and in numerous trips around the country carefully documented by state media. …
Kim Jong Il inherited power after his father, revered North Korean founder Kim Il-Sung, died in 1994.
In September 2010, Kim Jong Il unveiled his third son, the twenty-something Kim Jong-Un, as his successor, putting him in high-ranking posts. [AFP reported that the broadcast announcing Kim Jong-Il's death said the country should now follow Kim Jong-Un.]
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