I got this email earlier today, just after I drove my all electric Nissan Leaf past a bunch of gas stations advertising $4.00+ prices for a gallon of gasoline. As a side note, based on miles per Kwh and the price of electricity, I’m paying the energy equivalent of about 20 cents per gallon driving the Leaf… But back to the email below… I clicked on the various USGS links, and if this isn’t true, it’s a fantastically well done bit of fraud: Please read on…
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
Comments 5
Snopes has more about this claim, which is partly true.
The U.S. Geological Survey (USGS) released its assessment of undiscovered oil resources in the Bakken formation in April 2008, and although it reported a 25-fold increase in the amount of oil that could be recovered from that area compared to its 1995 estimate, the 2008 USGS estimate was still far short of the 503 billion barrel volume cited above.
Bradley is being nice. Read the entire Snopes report linked above. Then read this:
WASHINGTON, D.C.–The Institute for the Investigation of Irregular Internet Phenomena announced today that many Internet users are becoming infected by a new virus that causes them to believe without question every groundless story, legend, and dire warning that shows up in their inbox or on their browser. The Gullibility Virus, as it is called, apparently makes people believe and forward copies of silly hoaxes relating to cookie recipes, email viruses, taxes on modems, and get-rich-quick schemes.
“These are not just readers of tabloids or people who buy lottery tickets based on fortune cookie numbers,” a spokesman said. “Most are otherwise normal people, who would laugh at the same stories if told to them by a stranger on a street corner.” However, once these same people become infected with the Gullibility Virus, they believe anything they read on the Internet.
“My immunity to tall tales and bizarre claims is all gone,” reported one weeping victim. “I believe every warning message and sick child story my friends forward to me, even though most of the messages are anonymous.”
Another victim, now in remission, added, “When I first heard about Good Times, I just accepted it without question. After all, there were dozens of other recipients on the mail header, so I thought the virus must be true.” It was a long time, the victim said, before she could stand up at a Hoaxees Anonymous meeting and state, “My name is Jane, and I’ve been hoaxed.” Now, however, she is spreading the word. “Challenge and check whatever you read,” she says.
Internet users are urged to examine themselves for symptoms of the virus, which include the following:
* The willingness to believe improbable stories without thinking.
* The urge to forward multiple copies of such stories to others.
* A lack of desire to take three minutes to check to see if a story is true.
T. C. is an example of someone recently infected. He told one reporter, “I read on the Net that the major ingredient in almost all shampoos makes your hair fall out, so I’ve stopped using shampoo.” When told about the Gullibility Virus, T. C. said he would stop reading email, so that he would not become infected.
Anyone with symptoms like these is urged to seek help immediately. Experts recommend that at the first feelings of gullibility, Internet users rush to their favorite search engine and look up the item tempting them to thoughtless credence. Most hoaxes, legends, and tall tales have been widely discussed and exposed by the Internet community.
Courses in critical thinking are also widely available, and there is online help from many sources, including
* Department of Energy Computer Incident Advisory Capability
* Symantec Anti Virus Research Center
* McAfee Associates Virus Hoax List
* Dr. Solomons Hoax Page
* The Urban Legends Web Site
* Urban Legends Reference Pages
* Datafellows Hoax Warnings
Those people who are still symptom free can help inoculate themselves against the Gullibility Virus by reading some good material on evaluating sources, such as
* Evaluating Internet Research Sources
* Evaluation of Information Sources
* Bibliography on Evaluating Internet Resources
Lastly, as a public service, Internet users can help stamp out the Gullibility Virus by sending copies of this message to anyone who forwards them a hoax.
This message is so important, we’re sending it anonymously! Forward it to all your friends right away! Don’t think about it! This is not a chain letter! This story is true! Don’t check it out! This story is so timely, there is no date on it! This story is so important, we’re using lots of exclamation points! Lots!! For every message you forward to some unsuspecting person, the Home for the Hopelessly Gullible will donate ten cents to itself. (If you wonder how the Home will know you are forwarding these messages all over creation, you’re obviously thinking too much.)
ACT NOW! DON’T DELAY! LIMITED TIME ONLY! NOT SOLD IN ANY STORE!
Specifically, according to the link provided at the bottom of the email noted, the USGS says this in the LEAD sentence of its press release…
“North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.”
So, when the Snopes and others say the supply is far short of the 503 billion barrels touted in the spam email, do the math. About 500 billion barrels short. That’s all.
We had other plans this morning than researching this.
Rostra should hook a breathalyzer up to Stocks’ computer before he posts.
Jerome Stocks starkly demonstrates why we should not rely on politicians to make financial decisions for us. Financially these officials are too often clueless, but have the coercive power of the state to back their flawed conclusions.
He lists his fuel cost as 20 cents a gallon, but he fails to amortize the TOTAL cost of electric cars. For instance, the batteries have a finite life span.
According to a recent WALL ST JOURNAL article, “A battery for a small vehicle like the Nissan Leaf (Jerome’s chariot) can cost about $20,000 and still only put out a range of 80 miles on a good day (range is affected by hot and cold weather) before requiring a recharge that takes eight to 10 hours. Even then, those batteries may only last six to eight years, leaving consumers with a vehicle that has little resale value.”
http://online.wsj.com/article/SB10001424052748704050204576218541134110456.html?KEYWORDS=electric+car
Jerome, figure THAT factor into your equation of how cheap your travel costs are.