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 Topic: Montana is sitting on an Oil mine. I think we need to look into this!!
 Forum: SAVE MONEY on Gas! I'm checking out fuel additives.
Topic created by: Patricia B.
Started: Jun 19 2008
Replies: 2
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Patricia B (user id: 252171) is offline. Last active: 1/9/2009 2:16:00 AM Patricia B
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Montana is sitting on an Oil mine. I think we need to look into this!!
Posted: Jun 19 2008 11:58 AM
How come we aren't looking for oil in MONTANA instead of drilling in our oceans???   And the people in Montana even want oil exploration in their state!!
 
Pat
 
 
MONTANA GOVERNOR IS SITTING ON AN OIL MINE.
 

May 29, 2008 -- HELENA, Mont. - Here's some very good news about oil that the manipulators on Wall Street don't want you to know: there could be as much as 40 billion barrels of crude lying untouched in eastern Montana.

That's billion with a "b" - as in a ball-breaking amount for those speculators who are purposely pushing oil higher for their own selfish reasons.

Who says? Montana Gov. Brian Schweitzer does, adding that his state - with fewer than 1 million residents - would be thrilled to bail the US out of its current energy predicament.

While on a visit to Wyoming and Montana, I popped in on Schweitzer, the Democratic governor, who was more than happy to answer my questions about the rumors of huge oil deposits in the so-called Bakken area of his state.

Right now, the US Geological Service estimates that there are 4.3 billion barrels of recoverable oil in the Bakken region, which also reaches into North Dakota.

"They are always conservative," said Schweitzer, who greeted me in his office dressed in jeans, a white shirt and a string tie. "There will be more. It'll probably be more like 40 billion."

It's so much, in fact, that a discovery like that - or even hints of such a find - could ruin speculators' chances of getting the price of oil much higher than it already is.

In fact, just the knowledge of such big oil deposits - together with a drop off in fuel use because of the recession and the inevitable development of alternative energy sources - might cause gasoline prices to fall substantially in the future.

As it is today, Americans are being cheated on the price of oil. I've been writing about this for the past couple of years and now even a do-nothing Congress is getting concerned, although its ire is misplaced.

Wall Street speculators, aided by cheap money from the Federal Reserve and an ill-informed press, have kidnapped oil in much the same way that the Hunt brothers cornered the silver market in the 1970s.

The only difference is that the Hunt escapades didn't come close to ruining the country's economy. Congress is blaming the oil companies, which certainly are benefiting from the surge in oil prices. President Bush did his part by groveling to the Saudis for more oil - and was offered a token increase, but was essentially turned down.

But maybe if we start digging in Montana, we just might get our national dignity back - and even save our economy.

"We've been drilling out there for 70 years," said Schweitzer of the Bakken area. "People there like new oil production. In fact, the city of Sydney [the county seat] wants to build a refinery. Where else in America do you have a community that says, 'we want to build a refinery in our backyard?' "

Schweitzer, an agronomist with an advanced degree in soil science, has a picture on his office wall of his grandfather operating a one-man refinery.

If you let him - and I did - Schweitzer will explain how oil deposits come to be formed over millions of years. He also explains how the Bakken contains so-called oil shale, which means that the crude needs to be flushed out of tight rock formations.

With improved technology today and higher prices, this recovery method is now very feasible.

"And the nice thing," Schweitzer said, "is it's one drill hole per section." For you city slickers, a "section" is a huge 640 acres.

By comparison, Saudi Arabia has the largest known oil reserves at 260 billion barrels.


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Nick Sym (user id: nicksym) is offline. Last active: 1/9/2009 1:39:09 AM Nick Sym
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Re: Montana is sitting on an Oil mine. I think we need to look into this!!
Posted: Jun 19 2008 08:59 PM

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Ray Combs (user id: 322779) is offline. Last active: 1/8/2009 4:44:28 AM Ray Combs
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Re: Montana is sitting on an Oil mine. I think we need to look into this!!
Posted: Jul 09 2008 06:14 AM

See the new innovations (pictures) of the new electrics hybrids coming out links at the bottom.

I wrote my state and federal representatives about this oil issue. Including the oil shale, oil sand, Alaska oil and off-shore drilling.  I've written them a dozen times and I get the same double talk back every time. 

I believe our politicians have no intention to even think about opening up off-shore drilling or to increase research in recovering oil sand/oil shale.  We have about 220 years of oil here in the states, if we conserve.  We don't have to use it all, but use enough to fill the gap until we switch to solar, wind, hydrogen, and electric. Using a combination of things we can eliminate foreign oil and the need for oil.  

Even HHO, a 90 year old technology is available http://www.MPGdoubled.com today and you can use it. I'm using this technology now it's a simple process to extract hydrogen out of water.

The latest rating for the House and Senate is 9%, the lowest in History.  If you have employees (and politicians are your/our employees) that are not doing their job, then you get smart and fire them (vote them out!). Yet Americans flock around political idiots, like flies on a dung pile, at election time and vote them in or back in.

What's the result of the oil crisis? 75% of the increase in food prices world wide is bio-fuel production.  Yet "they" continue raving about bio-fuel (food for fuel is not the answer) like it was our only chance.  Already food has gone up 150% here in the states.  With floods taking out millions of acres of farm land and drought that much more, there is a perfect storm brewing.  

Chevy is closing plants, eliminating models and laying off thousands of employees.  American Car mfg's have a mega inventory of SUV's and trucks they can't sell. They are all scaling back and will cut jobs!  We are starting to loose jobs in all sectors. People are starting to think in a survival mode, many including myself, aren't buying anything they don't absolutely need.  

School districts are finding themselves millions over budget suddenly for fuel costs.  Same for police agencies, city, county and state agencies.

Taxes will go up to cover fuel prices for city's, counties and states soon. We will soon find that our pay doesn't cover food, housing, clothing and fuel. 

In Romans Ch 1 Verse 18-32  God said he would give a nation a depraved mind if it pushed God out of the public consciousness.  Defined: A mind that no longer thinks rationally even when it is in it's best interest to do so.  It surely appears that the American Government can't figure out anything! All they do is argue for their personal agendas and get nothing done.  They certainly are not  thinking and working together to do what is best for America!

America has a 94.5 trillion dollar national debt. Every penny from taxes goes to paying off the interest on the national debt. NOT one penny goes to services and programs, that's all more debt.  Yet they still ad "pork" to every bill they can and continue to waste tax payers money.

We spend over 700 billion $ a year on foreign oil every year and that cost is growing like a CA forest fire.  We give billions to countries that hate us.  We spend billions on wars.  You do the math, how long before we go bankrupt? (if it keeps up, a perfect storm is brewing, a super mega depression is coming)!

Here's some alternatives to ultra high gas prices!

http://www.MPGdoubled.com Double your gas mileage.

http://www.ExtremeDutyOil.com I got 20% more mpg and use 80% less oil.

Look at these cars!

Toyota Motor Corp plans to install solar panels on its next-generation Prius hybrid cars, a first.  http://uk.reuters.com/article/newsOne/idUKT29871820080706 href="http://uk.reuters.com/article/newsOne/idUKT29871820080706">http://uk.reuters.com/article/newsOne/idUKT29871820080706

The Chevy Volt fopr 2010 http://www.chevy-volt.net/chevrolet-volt-news.htm

Finally they are pushing ahead with plans for hybrids, electric cars http://www.businessweek.com/globalbiz/content/jul2008/gb2008071_763199.htm?chan=rss_topStories_ssi_5 href="http://www.businessweek.com/globalbiz/content/jul2008/gb2008071_763199.htm?chan=rss_topStories_ssi_5">http://www.businessweek.com/globalbiz/content/jul2008/gb2008071_763199.htm?chan=rss_topStories_ssi_5

The Next Generation Toyota Prius

http://www.autounleashed.com/the-next-generation-toyota-prius

Electric Hybrids http://www.hybridcars.com/concept-hybrids.html?sort=asc&order=Name href="http://www.hybridcars.com/concept-hybrids.html?sort=asc&order=Name">http://www.hybridcars.com/concept-hybrids.html?sort=asc&order=Name

New technology for electric cars http://www.ultracapacitors.org/

The one I want is either a Chevy Volt or the Ford Reflex you got to see both... due in 2010. http://onlocation.consumerreports.org/AutoShowDetroit/2-Model.asp?ID=87

 


Ray Combs
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