toldailytopic: Should America do more to become oil independent?
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toldailytopic: Should America do more to become oil independent? -
March 7th, 2012, 10:10 AM
The TheologyOnline.com TOPIC OF THE DAY for March 7th, 2012 11:06 AM
toldailytopic: Should America do more to become oil independent?
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I received this email this morning, what do you guys think of it?
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.
Should America eliminate its dependance on foreign oil--absolutely! That is why I have the signature I do. Drill Baby Drill, and get these gas prices down. No only will it bring gas prices down, it will create more jobs and help the economy.
A present, Obama's energy policies are strangling the US economy. I want to see a president that will encourage domestic oil drilling operations. The environazi's can go pack sand.
Slogan/motto:
"Clichés are the bane of educated mankind."
-P.C. Cast
Reputation:
March 7th, 2012, 10:35 AM
I'd rather we do more to become independent of oil.
At the same time, we keep closing domestic refineries and laying off thousands of workers, driving the price of gasoline up.
If we opened more refineries, especially those equipped to handle the heavy crude found in abundance in the lower 48, this would decrease the overall unemployment rate and contribute to lowering the price of gasoline.
A friend suggested we force the refinery companies to artificially raise the price of gas, and use the windfall to fund alternative fuel R&D...but if we did, the extra money would just make the oil barons richer without providing any benefit for the country as a whole.
Vaya con Dios.
Dieu est l'amour.
Allah bidabbir.
“In many ways the evidence of our faith is found in our ability to control our tongue (or our keyboard)."
-Adam Hamilton, Seeing Gray in a World of Black and White
In Colorado we have some of the lowest average gas prices in the nation. Know why? We are getting some of the ND oil. That proves that we can drive down the price of oil and gas if we are closer to the supply.
Furthermore... you don't think $16 per barrel would drive down gas prices all over the country/world if the government would full embrace these oil reserves?
In Colorado we have some of the lowest average gas prices in the nation. Know why? We are getting some of the ND oil. That proves that we can drive down the price of oil and gas if we are closer to the supply.
Regional prices vary; we all know that. But gas prices in this country aren't predicated only on domestic production. Remember, at the end of the day this is a product controlled by a cartel, and they have zero incentive to see prices fall. Don't discount the influence of speculators, too. If drilling more, and building more refineries, actually contributed to lower national gasoline prices, we'd know by now. It's ludicrous to think anyone, much less any president, can magically "lower gas prices."
I'd much rather we focus on getting away from oil altogether, but considering the filthy amount of money that remains to be made there I doubt we'll be having that discussion until it's too late and the world's about to enter a global crisis.
Theocrats are Social Darwinists.
Christianity has nothing applicable, appropriate, or worthwhile to offer the 21st century.
What Granite said. Unless we can become 100% independant from foreign oil and you get the oil companies here to agree to lower the price at the pump, not to mention getting government taxes on it lowered, you won't see much of a drop in price. Maybe a dollar at most, which is still worth doing so I say sure to the OP.
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