http://newsbiscuit.com/forum/topic.php?id=23108 The NewsBiscuit Community en-US Fri, 24 May 2013 11:21:56 +0000 http://bbpress.org/?v=1.0.2 q http://newsbiscuit.com/forum/search.php http://newsbiscuit.com/forum/topic.php?id=23108#post-62587 Mon, 28 Mar 2011 08:38:28 +0000 bonjonelson 62587@http://newsbiscuit.com/forum/ <p>Americans clearly have short-term memory loss. </p> <p>If only those pesky environmentalists hadn't stopped BP trying to drill for oil deep in the Gulf of Mexico. Oh wait, no, they didn't stop them.</p> <p>Anyway, domestic oil isn't the cure for your addiction to foreign oil. It's like giving a heroin addict instructions on how to make his own at home. </p> <p>The only solution is to reduce your long-term dependence on oil as a source of energy. </p> <p>And anyway, as I may be the only geologist on newsbiscuit I do have some knowledge of this subject - the USGS used the key phrase "technically recoverable" - this is NOT the same as economically recoverable. </p> <p>Discounting the environmental concerns (and generally, there are less environmental concerns for onshore rather than offshore drilling anyway), I suggest rather than relying on some poorly researched blog ramblings linking to a USGS article to make it seem credible, you actually read the links on the USGS article, including their excellent FAQ section.</p> <p>See this item to explain why this is no solution to the energy woes of the US</p> <p><a href="http://www.usgs.gov/faq/index.php?sid=54684&amp;lang=en&amp;action=artikel&amp;cat=21&amp;id=1028&amp;artlang=en" rel="nofollow">http://www.usgs.gov/faq/index.php?sid=54684&amp;lang=en&amp;action=artikel&amp;cat=21&amp;id=1028&amp;artlang=en</a></p> <p>And stop reading crappy blogs. </p> http://newsbiscuit.com/forum/topic.php?id=23108#post-62564 Sun, 27 Mar 2011 22:32:34 +0000 Golgo13 62564@http://newsbiscuit.com/forum/ <p>Here's a website that says we should take your website with a pinch of salt...</p> <p><a href="http://www.green-planet-solar-energy.com/bakken-oil.html" rel="nofollow">http://www.green-planet-solar-energy.com/bakken-oil.html</a></p> <p>If you ask me, they're both as bad as each other (copyright: Barry from Battersea, on LBC phone in show) </p> http://newsbiscuit.com/forum/topic.php?id=23108#post-62562 Sun, 27 Mar 2011 21:45:01 +0000 theumpire 62562@http://newsbiscuit.com/forum/ <p>Sorry to introduce something a mite serious into the chat room, but I found this more important than the back-door route to the front page. And this is a chat room, so let's chat about this for a bit.</p> <p><em>I know its long but this report from the USA goes to show that we no longer need to worry about fuel prices etc if only the USA would act on what it has in the ground.<br /> 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. </p> <p>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: </p> <p>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. </p> <p>"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. </p> <p>"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! </p> <p>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! </p> <p>U.. S. Oil Discovery- Largest Reserve in the World </p> <p>Stansberry Report Online - 4/20/2006 </p> <p>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? </p> <p>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: </p> <p>- 8-times as much oil as Saudi Arabia<br /> - 18-times as much oil as Iraq<br /> - 21-times as much oil as Kuwait<br /> - 22-times as much oil as Iran<br /> - 500-times as much oil as Yemen </p> <p>- and it's all right here in the Western United States . </p> <p>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? </p> <p>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.<br /> 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? </em></p> <p>Wow!<br /> <a href="http://www.usgs.gov/newsroom/article.asp?ID=1911">Check it out here.</a> </p>