Seen while perusing the Internet.
FOR CONGRESS TO MULL OVER
Think about it:
The OPEC minister may look you in the eye and say, "We are at war with you infidels and have been since the embargo in the 1970s. You are so arrogant you haven't even recognized it.
You have more missiles, bombs, and technology; so we are fighting with the best weapon we have and extracting on a net basis about $700 billion/year out of your economy.
We will destroy you! Death to the infidels!
While I am here I would like to thank you for the following:
* Not developing your 250-300 year supply of oil shale and tar sands. We know if you did this, it would create thousands of jobs for U.S. citizens, expand your engineering capabilities, and keep the wealth in the U.S. instead of sending it to us to finance our war against you infidels.
* Thanks for limiting defense dept. purchases of oil sands from your neighbors to the north. We love it when you confuse your allies.
* Thanks for over-regulating every segment of your economy and thus delaying, by decades, the development of alternate fuel technologies.
* Thanks for limiting drilling off your coasts, in Alaska, and anywhere there is an insect, bird, fish, or plant that might be inconvenienced. Better that your people suffer. Glad to see our lobbying efforts have been so effective.
* Corn based Ethanol. Praise Allah for this sham program! Perhaps you will destroy yourself from the inside with theses types of policies. This is a gift from Allah, praise his name! We never would have thought of this one! This is better than when you pay your farmers NOT TO GROW FOOD. Have them use more energy to create less energy, and simultaneously drive up food prices.
Thank you U.S. Congress!
* And finally, we appreciate you letting us fleece you without end. You will be glad to know we have been accumulating shares in your banks, real estate, and publicly held companies. We also finance a good portion of your debt and now manipulate your
markets, currency, and economies for our benefit.
THANK YOU AMERICA!
You stupid fools!
Praise Allah!
--We'll say it once again: sometimes the comments are better than the article posted.
by Mondoreb
Source:
* Comment by Barbara E., Scottsdale, AZ
on ENPR: Republicans Demoralized But Presidential Race Still Close
images: american
HUGE Oil Field in Montana is Good News for Consumers
--Which Makes it Unpalatable for the Mainstream Media
While Jeroen van der Veer, Shell’s chief executive, fears for the future of oil supplies after 2015--maybe he's confusing Shell's oil supply with the rest of the world's--Newsmax has just released information on the HUGE oil discovery in Montana: the Williston Basin or "Bakken" field.
About 470 miles outside the state capitol of Helena - in a place called Richland County, Montana - more millionaires are being created per capita than anywhere else in America.
It's 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, Montana is 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 sizeable 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 41 years straight.
As one can see from the map below, before the 'Bakken' discovery, the U.S. was still a major oil producer--it is just a major consumer, also.
The relative MSM coverage of the 'Bakken' find is another example of the topsy-turvy media reporting to which the USA--and most of the rest of the world--has grown accustomed.
Politicians, most of who have seldom been involved in anything economically-productive, are looked to as providing answers to complex questions. As Thomas Sowell has said:
Let's face it. Supply and demand will never replace "need" and "greed" in political discussions of economic issues.
Talking about the "need" for more affordable housing or more affordable medical care is what will get politicians more votes this election year.
Voters don't want to hear about impersonal things like supply and demand. They want to hear about how their political heroes will stop the villains from "gouging" them or "exploiting" them with high prices.
Moral melodrama is where it's at, politically.
Moral melodrama, indeed.
Politicians in general--and Democrats, in particular--find little that is "sexy" in talking about supply and demand. How much easier to switch the subject: to "Big Oil Villains".
It has always been thus: politicians TALK about hard questions, hard problems and hard solutions, while their ACTIONS scream "easy". We've come to expect this: their desk plaques might read "Senator" and "Congressman" when you see them on C-SPAN, but for most, a simple "Politician" label would be more accurate.
Careful followers of the economic debates that occupy today's politicians understand this and sigh. But it's seemingly above the heads of most MSM reporters, Bill O'Reilly and Democrat Congressional members.
The 'Bakken' field is economic good news for the U.S.A. and for American consumers.
That's reason enough to provoke little excitement among the Mainstream Media and campaigning politicians.
by Mondoreb
Sources:
* Shell chief fears oil shortage in seven years
* Too "Complex"?: Part II
DBKP.com - Bigger, Better!.
Back to DBKP at Blogger Front Page
for America's energy needs for the next 200 years.
left-North Dakota oil fields are booming, according to one report.America's untapped oil reserves are vast and waiting.
There is enough oil in the North Slope of Alaska to provide for America's energy needs for the next 200 years.
Before making Americans jump through the tiresome hoops of more government regulation in the pursuit of energy conservation, controls should be lifted that keep American companies from exploiting oil reserves which sit below the surface of the USA.
America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.
These deposits are stark proof that the U.S. is not running out of oil; the sky is not falling.
In the next 30 days the USGS (U.S. Geological Survey) will release a new report giving an accurate resource assessment of the Bakken Oil Formation that covers North Dakota and portions of South Dakota and Montana. With new horizontal drilling technology it is believed that from 175 to 500 billion barrels of recoverable oil are held in this 200,000 square mile reserve that was initially discovered in 1951. The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present but with prices bottoming out at $10 a barrel back then the report was dismissed because of the higher cost of horizontal drilling techniques that would be needed, estimated at $20-$40 a barrel.
It was not until 2007, when EOG Resources of Texas started a frenzy when they drilled a single well in Parshal N.D. that is expected to yield 700,000 barrels of oil that real excitement and money started to flow in North Dakota. Marathon Oil is investing $1.5 billion and drilling 300 new wells in what is expected to be one of the greatest booms in Oil discovery since Oil was discovered in Saudi Arabia in 1938.
The US imported about 14 million barrels of Oil per day in 2007 , which means US consumers sent about $340 Billion Dollars over seas building palaces in Dubai and propping up unfriendly regimes around the World, if 200 billion barrels of oil at $90 a barrel are recovered in the high plains the added wealth to the US economy would be $18 Trillion Dollars which would go a long way in stabilizing the US trade deficit and could cut the cost of oil in half in the long run.
And that's not all...
Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners," he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy.
Thus, The Energy Non-Crisis.
See the video and read the rest of "The Energy Non-Crisis: America Sitting on Huge Oil Reserves" at DBKP.com
by RidesAPaleHorse & Mondoreb
images:
* allposters
* geology.rockbandit
Sources:
* The Energy Non-Crisis: America Sitting on Huge Oil Reserves
* Massive Oil Deposits Could Increase Energy Reserves 10x
DBKP.com - Bigger, Better!.
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