Oil, Oil, Oil - ??? Why Why Why - $$$ | Victory Motorcycles: Motorcycle Forums

Oil, Oil, Oil - ??? Why Why Why - $$$

Discussion in 'Off Topic' started by OneThumb, Jul 15, 2011.

  1. OneThumb

    OneThumb OT-CAN

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    OIL - You better be sitting down when you read this !!!!!! 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 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 Administration (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. "This sizable find is now the highest-producing onshore oil field found in the past 56 years," reports The 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 can be verified. Check it out at the link below !!!!!! [link='http://www.usgs.gov/newsroom/article.asp?ID=1911']http://www.usgs.gov/newsroom/article.asp?ID=1911[/link] [link='http://www.cruzconstruct.com/services.php']http://www.cruzconstruct.com/services.php[/link]
     
  2. Keith Grey

    Keith Grey Grouchy Old Member

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    Yeah, but what about the Blue Toed Cross Eyed Dung Beetle!!!!! Obviously, the last three mating pairs will be displaced by more than 42' ! Psych, I have no idea why drilling is still halted, but on big issues common sense sometimes wins. Also, are the "estimates" proven, or just self serving exaggerations from big oil? KG
     
  3. bubba

    bubba Well-Known Member

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    Must be a synthetic oil....Amsoil!!!
     
  4. OneThumb

    OneThumb OT-CAN

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    That's what I was looking for. Light Sweet Crude = Amsoil LOL
     
  5. bubba

    bubba Well-Known Member

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    I use it weekly on my knee replacement it's so good. Quiets the knocking down!! How you doin OT!!!
     
  6. OneThumb

    OneThumb OT-CAN

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    How am I doing? Bubba, I'm Slowing down and that means more miles on the KP. LOL
     
  7. reddog3769

    reddog3769 Member

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    Because to get that oil out they use a method called Fracking. Pump a **** load of very harmfull chemicals in the drill hole and push up the oil. Something I just can't agree to once you know more about it. Hydraulic fracturing, often called fracking, fracing[a] or hydrofracking, is the process of initiating and subsequently propagating a fracture in a rock layer, employing the pressure of a fluid as the source of energy.[1] The fracturing, known as a frack job (or frac job),[2][3] is done from a wellbore drilled into reservoir rock formations, in order to increase the extraction rates and ultimate recovery of oil and natural gas. Hydraulic fractures may be natural or man-made and are extended by internal fluid pressure which opens the fracture and causes it to extend through the rock. Natural hydraulic fractures include igneous dikes, sills and fracturing by ice as in frost weathering. Man-made fluid-driven fractures are formed at depth in a borehole and extend into targeted formations. The fracture width is typically maintained after the injection by introducing a proppant into the injected fluid. Proppant is a material, such as grains of sand, ceramic, or other particulates, that prevent the fractures from closing when the injection is stopped. Considerable controversy surrounds the current implementation of hydraulic fracturing technology in the United States. Environmental safety and health concerns have emerged and are being debated at the state and national levels.[4]
     
  8. OneThumb

    OneThumb OT-CAN

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    Whats this, you're now working for Amoil?
     
  9. bubba

    bubba Well-Known Member

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    Good for you brother! Wish you nothing but the best!
     
  10. BLININGER

    BLININGER Well-Known Member

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    Hahaha! That made my day. :lol:
     
  11. reddog3769

    reddog3769 Member

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    More on Fracking. http://www.youtube.com/watch?v=dEB_Wwe-uBM
     
  12. reddog3769

    reddog3769 Member

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    Nope, Have a case of it in the Garage for the Wifes Harley though. Need that much between changes for the harley. LOL You can borrow some for your Knee, Hip, Ankle, What ever ails ya.
     
  13. ddawg

    ddawg New Member

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    I hope it's all true. I have no reason to doubt it. Jam a spigot in the ground & let's pump it out. Oil independence - foreign oil dependence is a cancer.
     
  14. Ridefree

    Ridefree Member

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    I don't know about the fracturing controversy, but here in southwest pa they have been doing it for the last 3 or 4 years in deep drilling for natural gas. While done on farms, they are next to many houses. Talk about noise when this is going on. Having grown up in the country, where you take care of your own, who cares. To be self sufficient is what it's all about. (wish the city people would go back to the city because there way of life sucks and they push it on everyone else) These wells made some rich farmers and some poorer, cause they thought the wells would never slow down and over extended credit. But that is the case with everything.
     
  15. Sutherland

    Sutherland Well-Known Member

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    I read about this a while back and wondered why we were getting it up the poop shout everytime we filled up at the pumps. I say we should angle drill from our side of the border and sell them there own oil and keep our oil for ourselves. That way we woun't get fuc!!k so bad Regards
     
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