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View Poll Results: Who is to blame for recent gas price increases?
Market speculators 14 40.00%
Oil companies 13 37.14%
Oil producing countries 8 22.86%
China 10 28.57%
US Automakers 9 25.71%
Lack of refining capacity 10 28.57%
US government/lawmakers 11 31.43%
The Federal Reserve 7 20.00%
Dark Markets 4 11.43%
TheMercenary 7 20.00%
US Consumers 12 34.29%
Other 13 37.14%
Multiple Choice Poll. Voters: 35. You may not vote on this poll

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Old 04-22-2010, 10:21 AM   #1
Madman
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I know!

Quote:
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
Quote:
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!
Quote:
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 .

Liberals are the kind of people that would try to make peace with people who would rather see us dead and destroy our economy. That's sleeping with the enemy.

I, for one, do not want to see this country spiral down into economic chaos because of foriegn dependency. The oil is there and all we have to do is get it.
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Old 04-22-2010, 10:25 AM   #2
Redux
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Originally Posted by Madman View Post
I know!
Quote:
he 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

- 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
Liberals are the kind of people that would try to make peace with people who would rather see us dead and destroy our economy. That's sleeping with the enemy.

I, for one, do not want to see this country spiral down into economic chaos because of foriegn dependency. The oil is there and all we have to do is get it.
The 503 billion barrels in the Bakken Formation has been debunked repeatedly.....most recently by the USGS numbers you cited - 3-4 billion barrels......enough to supply less than one year at current consumption rates.

http://jacksonville.com/news/metro/2...as_oil_bonanza

Last edited by Redux; 04-22-2010 at 10:30 AM.
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Old 04-22-2010, 10:28 AM   #3
Madman
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Originally Posted by Redux View Post
That has all be debunked repeatedly.....most recently by the USGS numbers you cited - 3-4 billion barrels in the Bakken Foundation......enough to supply less than one year at current consumption rates.

http://jacksonville.com/news/metro/2...as_oil_bonanza
Of course it has. Gotta saved the bugs and Elm trees.
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Old 04-22-2010, 10:32 AM   #4
Redux
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Of course it has. Gotta saved the bugs and Elm trees.
Hey...I was just using your own USGS cite...3 to 4.3 billion barrels in the Bakken Formation...no where near the 500+ billion barrels that was reported by a speculator wanting to sell shares in an energy investment scam.

The most recent inventory:
Quote:
These 11 areas (including Bakken Formation) encompass 99 million acres of Federal lands and contain an estimated 21 billion barrels of oil...

http://www.blm.gov/epca/
21 billion barrels "technically recoverable" (at what cost) and a current consumption rate of 7 billion barrels/year.

And that is your best solution?

Last edited by Redux; 04-22-2010 at 10:41 AM.
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Old 04-22-2010, 10:43 AM   #5
Madman
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Originally Posted by Redux View Post
Hey...I was just using your own USGS cite...3 to 4.3 billion barrels in the Bakken Formation...no where near the 500+ billion barrels that was reported by a speculator wanting to sell shares in an energy investment scam.

The most recent inventory:

21 billion barrels "technically recoverable" (at what cost) and a current consumption rate of 7 billion barrels/year.

And that is your best solution?

Are you telling me I'm wrong? Well, I'll be dipped in shit.

Fuck it... Let's take over Iran then. Somebody needs to stop that asshole before he starts WW III.

Shale oil... we got lots of that. More than the entire world oil reserve combined.
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Old 04-22-2010, 10:46 AM   #6
Spexxvet
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It's stupid to continue with a petroleum based energy plan. Conservatives need to take off their blinders and try to learn something.
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Old 04-22-2010, 10:50 AM   #7
Madman
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It's stupid to continue with a petroleum based energy plan. Conservatives need to take off their blinders and try to learn something.
We have... Never follow a liberal..
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Old 04-22-2010, 05:11 PM   #8
TheMercenary
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We have... Never follow a liberal..
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Old 04-22-2010, 04:51 PM   #9
Griff
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Liberals are the kind of people that would try to make peace with people who would rather see us dead and destroy our economy. That's sleeping with the enemy.
I made the mistake of studying the Civil War back in the day. Your nonsense (and a fair amount of the liberal nonsense) is just the kind of representation that makes a country so divided as to be ungovernable. Your's is the equivalent of: Conservatives are the kind of people that would continue to send piles of cash to people who would rather see us dead and destroy our economy. That's sleeping with the enemy.
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