Comments on: New Study: Producing Off-Limits Energy Would Generate $1.7 Trillion Stimulus and 160,000 New Jobs http://www.instituteforenergyresearch.org/2008/12/08/quantifying-economic-stimulus-of-conventional-energy-production/ for the well-being of mankind Tue, 16 Mar 2010 03:30:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Evelyn Ethridge http://www.instituteforenergyresearch.org/2008/12/08/quantifying-economic-stimulus-of-conventional-energy-production/comment-page-1/#comment-676 Evelyn Ethridge Sun, 26 Jul 2009 17:19:35 +0000 http://www.instituteforenergyresearch.org/?p=2423#comment-676 I just received this in an e-mail, and thought it should be shared. OIL (not a joke) The U. S. Geological Service issued a report in April ('08) that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since '95) 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' reports, The Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.' And 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. 2. And if THAT didn't throw you on the floor, then this next one should - because it's from TWO YEARS AGO! 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 mother lode 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/ire up yet? Hope so! Now, while you're thinking about it .... and hopefully P.O'd, do this: 3. Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time you want to complain about gas prices--- because by doing NOTHING, you've forfeited 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 I just received this in an e-mail, and thought it should be shared.

OIL (not a joke)

The U. S. Geological Service issued a report in April (‘08) that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn’t been updated since ‘95) 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’ reports, The Pittsburgh Post Gazette. It’s a formation known as the Williston Basin , but is more commonly referred to as the ‘Bakken.’ And 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.

2. And if THAT didn’t throw you on the floor, then this next one should – because it’s from TWO YEARS AGO!

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 mother lode 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/ire up yet? Hope so! Now, while you’re thinking about it …. and hopefully P.O’d, do this:

3. Pass this along. If you don’t take a little time to do this, then you should stifle yourself the next time you want to complain about gas prices— because by doing NOTHING, you’ve forfeited 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

]]> By: Vera Holroyd http://www.instituteforenergyresearch.org/2008/12/08/quantifying-economic-stimulus-of-conventional-energy-production/comment-page-1/#comment-406 Vera Holroyd Thu, 12 Feb 2009 15:55:08 +0000 http://www.instituteforenergyresearch.org/?p=2423#comment-406 Because of what dispicable charlatans in Congress, the Executive, & the Judicial branches of government are doing TO us (not FOR us!),I've found myself drawn farther into political activism. Learning through online sources caused me to receive dozens of new e-mails, some of which are just so full of common sense, I have to put up with the extra demands on my time to read them to be a better-informed citizen. I also send them to like-minded contacts, to spread the word. I strongly feel, because ALMOST NO ONE IN GOVERNMENT WILL LISTEN, although they supposedly work for us, we need a grass roots quadrupling of efforts & unification behind conservative values & common sense. Although I dread politics will be a voracious consumer of my time, I feel we, who WORK hard every day to make the U.S. a better place, must sacrifice to oust the greedy powermongers in Congress, BOTH PARTIES. People who have basically raped the system have no shame, like Congress members Murtha, Dodd, Frank, Pelosi, & Reid. The comments of some of them would have had them shot in WWII, as traitors, for encouraging the enemies. And I hope the people duped by Obama's rhetoric have enough sense to see the writing on the wall, but it's doubtful, since his party actively seeks the uninformed and the dissidents, and Promotes SCOFFLAWS to cabinet positions. I AM DISGUSTED & ANGRY about the slow but insideous erosion to Socialism,away from our founders' principles, but FEARFUL for the very future of our nation, now that the erosion has turned into a rampaging flood. God help us to be inspired to work to TURN THIS DEBACLE AROUND. Because of what dispicable charlatans in Congress, the Executive, & the Judicial branches of government are doing TO us (not FOR us!),I’ve found myself drawn farther into political activism. Learning through online sources caused me to receive dozens of new e-mails, some of which are just so full of common sense, I have to put up with the extra demands on my time to read them to be a better-informed citizen. I also send them to like-minded contacts, to spread the word. I strongly feel, because ALMOST NO ONE IN GOVERNMENT WILL LISTEN, although they supposedly work for us, we need a grass roots quadrupling of efforts & unification behind conservative values & common sense. Although I dread politics will be a voracious consumer of my time, I feel we, who WORK hard every day to make the U.S. a better place, must sacrifice to oust the greedy powermongers in Congress, BOTH PARTIES. People who have basically raped the system have no shame, like Congress members Murtha, Dodd, Frank, Pelosi, & Reid. The comments of some of them would have had them shot in WWII, as traitors, for encouraging the enemies. And I hope the people duped by Obama’s rhetoric have enough sense to see the writing on the wall, but it’s doubtful, since his party actively seeks the uninformed and the dissidents, and Promotes SCOFFLAWS to cabinet positions. I AM DISGUSTED & ANGRY about the slow but insideous erosion to Socialism,away from our founders’ principles, but FEARFUL for the very future of our nation, now that the erosion has turned into a rampaging flood. God help us to be inspired to work to TURN THIS DEBACLE AROUND.

]]> By: Lon Cothran http://www.instituteforenergyresearch.org/2008/12/08/quantifying-economic-stimulus-of-conventional-energy-production/comment-page-1/#comment-405 Lon Cothran Thu, 12 Feb 2009 00:35:46 +0000 http://www.instituteforenergyresearch.org/?p=2423#comment-405 The CSX Railroad commrical that shows eveyone pullin freight with bicycles is what the Democrats must want for every one but therself, that way we can pay taxes that somehow they are able lto avoid. Lon The CSX Railroad commrical that shows eveyone pullin freight with bicycles is what the Democrats must want for every one but therself, that way we can pay taxes that somehow they are able lto avoid.
Lon

]]> By: James Rains http://www.instituteforenergyresearch.org/2008/12/08/quantifying-economic-stimulus-of-conventional-energy-production/comment-page-1/#comment-402 James Rains Wed, 11 Feb 2009 19:50:21 +0000 http://www.instituteforenergyresearch.org/?p=2423#comment-402 Sounds good to me. But I guess you can't expect the democrats to grasp anything that reasonable. Ed Rains Sounds good to me. But I guess you can’t expect the democrats to grasp anything
that reasonable.

Ed Rains

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