Note: Excerpted from JMAX Tips Noncomputer

"Why haven't this made the TV News? Click here: The Oil Drum | The Bakken Formation: How Much Will It Help?

Date: Tue, 19 Aug 2008 13:01:38 +0000


1. Ever heard of the Bakken Formation? GOOGLE it. It will blow your mind.
The U.S. Geological Service issued a report in April ('08) that only scientists
and oilmen/women 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 f loor. 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 41 years straight.

2. [And if THAT didn't throw you on the floor, then this next on e should -
because it's from TWO YEARS AGO, people!]

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 is more
than 2 TRILLION barrels. On August 8, 2005 President Bush
mandated its extraction.

[(???) What the!??]

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 democrats and
leftwing republicans have blocked all efforts to help America become independent
of for eign oil.


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. --


Mr. Champ, Rowdy, Hobbs, Sassy & Wayne"