Oil

[Big N' Blue]

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 sent 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 mother load 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 !!!!!!
http://www.usgs.gov/newsroom/article.asp?ID=1911 ) >
Cruz Construction:
http://www.cruzconstruct.com/services.php

[coldtrail75]

Of course OPEC is funding the greenies! IT IS SMART BUISNESS! Has anyone watched the show Gasland? A guy drives all around the country, burning hundreds of gallons of fuel and driving on pavement that is made from? OIL!!! I have worked in the oil and gas industry since I was 18 and get a little pissed when people try and take my livelihood away! It's no different from the antis trying too take our passion from us and shut down the hounds. They think just because they belief something then everybody else should think that way. Well I think that I should not have too pay 4 or 5 dollars a gallon at the pump cuz somebody doesn't want to see a well head out in the brush. If they really believed what they preached then quit driving and burning that fuel, quit living in houses that were made from lumber ( maybe they don't know it comes from a tree ), and eat nothing but food from your garden! If they don't like the idea of anybody doing it then turn your head and leave me alone! The big oil company's know where the oil is but the feds won't let them drill for it. The only reason the Bakken is booming right now is because they are drilling on private land. So federal land (the land that we pay taxes on) is basically shut down as far as making a living on. Just another way of government control.

[Grzyadms4x4]

Wow that was interesting. I DID as the op did and googled it and there is only about 4 or so billion barrels of "technically" recoverable oil in the Bakken fields. That sucks. I am glad that the private land owners are able to make some easy money. To bad ND can't get their land back from the feds. Then that state would be really booming!! On a side note, why do we always blame OPEC when they only supply roughly 20% of our oil? Shouldn't we be blaming the Federal Reserve for not protecting the value of our currency thus allowing it to lose more than 97% of it's original value?

[Bearkiller]

Wow that was interesting. I DID as the op did and googled it and there is only about 4 or so billion barrels of "technically" recoverable oil in the Bakken fields. That sucks. I am glad that the private land owners are able to make some easy money. To bad ND can't get their land back from the feds. Then that state would be really booming!! On a side note, why do we always blame OPEC when they only supply roughly 20% of our oil? Shouldn't we be blaming the Federal Reserve for not protecting the value of our currency thus allowing it to lose more than 97% of it's original value?

I work in the oil industry also. I more or less agree with what you are saying, with one exception. "Technically" recoverable changes every day. Almost literally, if not literally. In the last 4 years alone we have fundamentally changed what our company does as a business. So any talk about stuff not being produceable or needing more technology needing to catch up, is more or less irrelevant. With oil prices this high, they'll find a way to get it out of the ground.

[halfbreed]

just a question since there are some oil men on here . why pump the canadian tar sands all the way to texas ? i would think for the price of running a pipe that far they could build a refinery up on the northern boarder . just wondering

[Benny G]

Another twist to all of this is that according to our constitution, outside of military bases and office space, it is against the law for the feds to own ANY land... it is ALL to be owned by the states, and governed by the counties in which it lies.

[Grzyadms4x4]

just a question since there are some oil men on here . why pump the canadian tar sands all the way to texas ? i would think for the price of running a pipe that far they could build a refinery up on the northern boarder . just wondering

I AM NOT an oil man, but from what I have read, the oil is not for use in the United States, but is being sent to Louisiana or Texas to be sold on the open market, ie China, USA, India. That is what is total horseshit about it. IF we were using this oil for the USA then the pipeline and/or a refinery up there would be a great idea, but since a lot will never be used here, Canada can just ship that shit straight to the pacific on THEIR soil.

[Bearkiller]

just a question since there are some oil men on here . why pump the canadian tar sands all the way to texas ? i would think for the price of running a pipe that far they could build a refinery up on the northern boarder . just wondering

I don't think there has been a new refinery built since 1981, in the US. The EPA makes it virtually impossible.

[Bearkiller]

Another twist to all of this is that according to our constitution, outside of military bases and office space, it is against the law for the feds to own ANY land... it is ALL to be owned by the states, and governed by the counties in which it lies.

Utah actually has a contract with the feds that requires them to turn all of the federal land to state control by 2014. They passed a bill a couple weeks ago and set aside money for the legal battle but the state has every intention of making the feds fulfill the contract with the exception of national parks. Even our congressmen and senators, with the exception of maybe Hatch, are on board with this legislation. With any luck, hatch will be gone this year. 90% of the people at our caucus intructed our delegates to force him into early retirement.

[Thouse89]

All i know is im workin hard in wyoming. Most of the people i know did spool up and head for nodak though, crazy place. The work is plentiful up there but im glad i kept my job in wyo, went up to nodak for a buddies funeral and that place SUUUCKS. Somebody needs to do it though, HAMMER DOWN AND GET THAT SHIT OUTTA THE GROUND!