I sent a BillPay check through Bank of America, the check was dated 1/4/08, it was cleared 1/3/08.? |
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Can I claim compensation after a long powercut at my home (UK)? |
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myhalo 1 | Big oil has been busted? We have plenty of oil? |
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.
To America, this discovery couldn't have come at a better time. You see, when all the wells are finally drilled and pumping, we won't have to import any foreign oil from the Middle East. Not a single drop!
For investors like you and me, it offers a "once-in-a-lifetime" chance to profit on ever-rising demand for oil. And we can do it by getting in on the groundfloor of the next great oil boom...
Even the US Government has confirmed the Bakken as a huge oil formation. The government's own Energy Information Administration (EIA) issued this press release:
"...with new drilling and completion technology taken into account, the resource base for the entire formation is potentially much larger. A study provides estimates ranging up to 503 billion barrels of potential resources in place."
Oil in the Bakken isn't gritty, dirty and expensive like the Alberta oil sands.
We're talking light, sweet crude oil - the least expensive and easiest to refine oil out there.
And here's the kicker...
Montana lawmakers recently passed a bill that creates an 18-month tax holiday for oil wells drilled and completed in this area.
This legislation has caused a massive increase in exploration and has blown the top off this hidden ocean of oil.
Since this bill was passed, a small group of investors have been taking advantage of this untapped resource and are making thousands of dollars each month.
"It's a good, old fashioned oil boom," says Dr. Paul Polzin, a University of Montana economist.
One company has been there since the beginning of the Bakken boom... and is already selling its oil to the market. And the best part about it - this company is sharing its Bakken profits with everyday investors.
You see, for the past seven years, this company has distributed its net profits in the form of MONTHLY cash payments. They have sent their shareholders profit-sharing checks for 84 months in a row... and the check amounts are on the rise.
Mark my words, an opportunity like this only comes around once every so often and I can GUARANTEE that this will not remain a secret for much longer.
In fact, some of the local media are beginning to report on it...
"People in the region 'are just starting to see the potential' in this new oil play" - Grand Forks Herald, Nov. 4, 2007
"The huge potential of the Bakken play has industry and government officials gushing with superlatives." -CanWest News Service, Dec. 10, 2007
"Montanan residents with oil royalties have, literally, been made millionaires." -Missoulian.com, Dec. 2, 2007
Spread the word every way you can. Let the world know the jig is up!!!! |
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Cathy
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supposedly, we are keeping it in reserve if the other countries run out.
so we can profit from it over here. |
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netthiefx
 |
The real question is, if all you say is true...
Why am I still paying $3.70 at the pump? |
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JJ
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not much of a question...! |
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J. Delm,
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America has had enough oil to supply us way into the future.
the Governments just don't tell every body, but some times the
information gets out through leaks. we have enough now!
we don't need any from the middle east. |
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liberal_60
 |
The actual US Geological Service estimate (see first link below) is 3.65 billion barrels, which is a lot of oil, but not 500 billion barrels. For comparison purposes, there were 13 billion barrels at Prudoe Bay and there are an estimated 1.3 billion barrels in ANWR. See second link below.
Keep in mind that we consume about 20 million barrels per day in the US. See the third link below.
And by the way, the oil in this field is still in the ground, still undeveloped, and still an estimate.
Note the artful language in the original "question,"
"up to" 500 billion barrels.
What is this guy selling?
Also consider this, since the world supply of oil is not infinite, why should we be in a hurry to use our oil first?
See the link below to the USGS April 2008 report from the Department of Interior. |
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pmac444
 |
That is a lot of good info but how do I cash in and how long before we see the effects at the pumps. Thank you. |
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Friend of Mary Jane
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typical that an american claims it's in montana and north dakota and filtering up into canada.... you're on the southermost tip of it.... it's a huge basing covering much of southern saskatchewan and most of alberta, the n.dakota and montana wells are spitting distance from the canadian border
trust me, alberta and saskatchewan are very aware of this.... have been since the 1950's, and we'll gladly take the americans money for our oil.... the higher the better, it's doing our economy well! |
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