Oil for all-Is this true?

I was sent this from a friend in Canada. Anyone care to confirm?
This was around before but worth the read again.....

This has been checked out and is true!!! Read every word and pass it on.
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 !!!!!!

https://www.usgs.gov/newsroom/article.asp?ID=1911 > ; <https://www.usgs.gov/newsroom/article.asp?ID=1911> https://www.usgs.gov/newsroom/article.asp?ID=1911 <https://www.usgs.gov/newsroom/article.asp?ID=1911> >

Cruz Construction:
https://www.cruzconstruct.com/ ; <https://www.cruzconstruct.com/services..php> ;







"Non-Confidentiality Notice: This message contains no confidential or
privileged information. It can be shared, and used for any reasonable
purpose. It can be posted, downloaded, and shared with anybody.


Snopes.com debunked a lot of this some time ago. Not all of it, the Bakken is impressive. But a lot of it's just plain false.
A lot of this is false, and even if it were all true, it's really expensive to get that out of the ground and refine it. It's essentially tar. It requires tons of energy to refine, making the finished product cost more in the long run anyways. That sweet crude they pump out in the middle east can practically go into your car as lube without refinement. It also requires certain kinds of refineries to make a finished product. We don't have a ton of those in this country. That's why that keystone pipeline was intended to pump Canadian tar sands crude to be refined elsewhere in the world. We refine the sweet crude here primarily, that's why we import oil even though we have enough crude technically for domestic consumption. It's incredibly dirty, expensive, and difficult to utilize most of our reserves. Even if we cut off all foreign crude and only used American sourced products, we'd probably end up paying more at the pump anyways. Increased production of American petroleum deposits is a very bad sign. It means energy is getting more expensive.

These are just lies and half truths told to support an industry. It's equivalent to Pepsi telling people that Coca-Cola will make your penis smaller.
And all those cost presumptions are based on the cost of pumping and refining regular crude. Which is wildly different than fracking and tar sands production and refinement of those resources.

Thanks guys. I couldn't quite believe it.
I've found the most credible sources of information typically come in the form of viral emails.
I would wager many dollars, that the reserves that we have in Alaska...far exceed the reserves in the Middle East. We just don't want them to know that fact. We will milk the mid east dry and have plenty left for ourselves when no one else has any oil. You have to remember, that these oil companies think about 100 years ahead of the rest of us. They don't think about tomorrow....but a hundred years beyond that.
Quote

Originally posted by: BAGIANT
I would wager many dollars, that the reserves that we have in Alaska...far exceed the reserves in the Middle East. We just don't want them to know that fact. We will milk the mid east dry and have plenty left for ourselves when no one else has any oil. You have to remember, that these oil companies think about 100 years ahead of the rest of us. They don't think about tomorrow....but a hundred years beyond that.


I'd take that bet in a heartbeat. The MMS governs leases of federal land, which sits on top of all that oil. Their leases only run 25 years, and need to be commercially exploited in order to be enforced. So no, we're not sitting on all that oil because oil companies think long term. We're sitting on it because it's not cost effective to extract. Also, the entire oil industry is barely 125 years old. Kinda hard for them to think 100 years ahead when that's how long the industry has existed. If we ever figure out commercial fusion, petroleum will be near worthless. No one is gonna sit on oil reserves thinking we'll still be using it in huge quantities 100 years from now. When fusion gets figured out, petroleum will only be good for plastics. And only Mr. Robinson cares about plastics.
The public will only put up with $5-$6 gas for so long before alternatives start to firmly take hold.

Take you pick - Hydrogen, Water, Bio-Diesel, Electric, maybe all of the above will continue to gain a stronger market share.

I can't wait for the day that Big Oil loses it's power - that will be a beautiful day.
The public gets riled up when it's over $4.00. Lots of talk and debate about developing alternatives to oil. Then it drops back down and you don't hear much about it. It's been 40 years since the OPEC embargo and here we are still sucking up as much oil as we can.
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