Via My SA.com:
HOUSTON – State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves.
With the announcement Monday that it would pay up to $2.2 billion for a one-third stake in Chesapeake Energy assets, CNOOC lays claim to a share of properties that eventually could produce up to half a million barrels a day of oil equivalent.
It also might pick up some American know-how about tapping the hard-to-get deposits trapped in dense shale rock formations, analysts said.
Look at it anyway you want it people, but this is not good. Can’t even drill here but the Chicons do. Definitely, WTF (Winning The Future.)
If we have this much, there should be no reason to use Arab oil.And gas should not be approaching, or at, $4.00 a gallon.
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.” Please read below.
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.
3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate—
Released: 4/10/2008 2:25:36 PM
Reston, VA – North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.
A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency’s 1995 estimate of 151 million barrels of oil.
Technically recoverable oil resources are those producible using currently available technology and industry practices. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources.
New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes.
About 105 million barrels of oil were produced from the Bakken Formation by the end of 2007.
The USGS Bakken study was undertaken as part of a nationwide project assessing domestic petroleum basins using standardized methodology and protocol as required by the Energy Policy and Conservation Act of 2000.
The Bakken Formation estimate is larger than all other current USGS oil assessments of the lower 48 states and is the largest “continuous” oil accumulation ever assessed by the USGS.
A “continuous” oil accumulation means that the oil resource is dispersed throughout a geologic formation rather than existing as discrete, localized occurrences.
The next largest “continuous” oil accumulation in the U.S. is in the Austin Chalk of Texas and Louisiana, with an undiscovered estimate of 1.0 billions of barrels of technically recoverable oil.
“It is clear that the Bakken formation contains a significant amount of oil – the question is how much of that oil is recoverable using today’s technology?” said Senator Byron Dorgan, of North Dakota.
“To get an answer to this important question, I requested that the U.S. Geological Survey complete this study, which will provide an up-to-date estimate on the amount of technically recoverable oil resources in the Bakken Shale formation.”
The USGS estimate of 3.0 to 4.3 billion barrels of technically recoverable oil has a mean value of 3.65 billion barrels.
Scientists conducted detailed studies in stratigraphy and structural geology and the modeling of petroleum geochemistry.
They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates.
USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independents, universities and other experts to develop a geological understanding of the Bakken Formation.
These groups provided critical information and feedback on geological and engineering concepts important to building the geologic and production models used in the assessment.
Five continuous assessment units (AU) were identified and assessed in the Bakken Formation of North Dakota and Montana – the Elm Coulee-Billings Nose AU, the Central Basin-Poplar Dome AU, the Nesson-Little Knife Structural AU, the Eastern Expulsion Threshold AU, and the Northwest Expulsion Threshold AU.
At the time of the assessment, a limited number of wells have produced oil from three of the assessments units in Central Basin-Poplar Dome, Eastern Expulsion Threshold, and Northwest Expulsion Threshold.
The Elm Coulee oil field in Montana, discovered in 2000, has produced about 65 million barrels of the 105 million barrels of oil recovered from the Bakken Formation.
Results of the assessment can be found at http://energy.usgs.gov.
For a podcast interview with scientists about the Bakken Formation, listen to episode 38 of CoreCast at http://www.usgs.gov/corecast/.
Other reference (email sent to me):
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 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 motherload 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?
This article is a delight to read, because it is impartial, it provides facts that nobody can dispute, and that when she gets to fly to India for the “India Today” conclave there will be a lot of questions-and perhaps-part of her speech will cover this topic. The article was written by Beny Amin Korn, director of Jewish Americans for Sarah Palin.
It is noteworthy that the headline was published on Drudge last night, and I bet The New York Sun‘s website crashed. Sometimes I could not get through.
The call by the Arab League for Western military intervention in an Arab state — in this case asking that a UN “no-fly zone” be imposed over Libya – is not only without precedent but it puts in formal terms what Governor Palin stated three weeks ago should have been America’s response to the political and humanitarian crisis now unfolding there.
Naah, don’t worry. She’s just a trailer-trash, ignorant barefoot hick who is an idiot and a quitter.
And blogging and Twittering about it increased the concerns that this change in Middle East foreign policy is quite different from what “America as we know it” stands for. There’s truth to power about our many battles overseas. Despite of our feelings for that, positive or negative-let’s cheer up our guys and gals, who need our support and our prayers.
In a critique of Mr. Obama’s energy policies published yesterday at about the same time the Arab League was adopting her prescription for a Libya no-fly-zone, Mrs. Palin laid out how the president’s “war on domestic oil and gas exploration and production has caused us pain at the pump, endangered our already sluggish economic recovery, and threatened our national security.” Nor is Gov. Palin’s insight into complex international issues limited to areas of her immediate expertise.
The article goes on and brings up her accuracy on Jewish settlements back to 2009, with statistics proving that she was right on target on Israel too. Liberal Jews who voted Barack Obama into office and perhaps don’t care much about what goes on in Israel should be on a rude awakening, if they aren’t already.
Of all the speeches she has made all over the country, the “India Today” conclave’s speech is the one to listen to. Not only she has been granted to deliver her speech called, “My Vision Of America” the last day of the evening, she will be a special guest at the dinner afterwards.
- Palin Doctrine Emerges as Arab League Echoes Her Demarche on Libya (peregrine5700.wordpress.com)
- Palin: I’m very excited to visit India (sarahpalinblog.typepad.com)
- The ‘Palin Doctrine’: Obama follows Mama Grizzly to war in Libya (thehill.com)
- Palin plans to stop in Israel, meet with Netanyahu (sfgate.com)
- Palin Heads to Israel (blogs.abcnews.com)
- Palin curries favor in India…. (tagg-lines.com)
- Palin plans to stop in Israel, meet with Netanyahu (seattletimes.nwsource.com)
- The Caucus: Palin Jets to India and Israel This Weekend (thecaucus.blogs.nytimes.com)
- Palin: Keynote Speaker for India Today Conclave (sarahpalinblog.typepad.com)
- Gov. Palin to speak in India next month (texas4palin.blogspot.com)
English: Please spread this information to all those that may be affected. Read below:
Español: For favor, dispersen esta información a través de toda Latinoamérica para buscar personas a través de Google.
The Japan earthquake version of the tool currently lists about 5,500 records, but the number is rising quickly as news about the catastrophe spreads around the world. Although the tool can be useful for finding information about a friend or a loved one, Google warns users that it doesn’t review or verify the accuracy of the data. Furthermore, all data entered will be available to the public, as well as viewable and usable by everyone.
Google’s Crisis Center also shows a map of the earthquake, the latest related news and lists link to warning centers, disaster bulletin boards, and train and blackout information.
The Google Crisis Center is available here, but it also shows up on top of searches for “Japan earthquake” and similar phrases. During these times of disaster, it’s good to see Google taking swift action and leveraging its vastly popular search engine to help people cope and find information.
- Google Responds to the Japan Earthquake With an Online Crisis Center (mashable.com)
- “Tsunami and Earthquake in Japan, Find Missing People on Google Person Finder” and related posts (clickonf5.org)
- Google Person Finder for 2011 Japan Earthquake (ubergizmo.com)
- Google Launches Person Finder for Japan Earthquake Victims (penn-olson.com)
- Google, Local Platforms Respond to Japan’s 8.9 Earthquake Crisis (fastcompany.com)
- Major Earthquake Hits Japan, Google Launches Person Finder Tool (searchengineland.com)
- Google, the Japan earthquake and the tsunami (honorarynewfie.wordpress.com)
- When Google Does Good (marketingpilgrim.com)
- Japan Earthquake (chicagoblend.wordpress.com)
- Japan Earthquake – Useful Links (everwas.com)
The blogosphere and Twitter are supplying information and incredibly disastrous images. HillBuzz, The Anchoress, Ace have been covering since last night. Michelle Malkin is also covering this ongoing disaster, while at the same time providing the latest information on Michelle’s cousin, Marizela.
This is an airport security camera video:
Sendai horrific video, taken from a helicopter:
Astonishing picture, from Twitter: (Click for full image)
The Daily Caller has reports from The AP.
- MISSING ::: Marizela Perez (dave-lucas.blogspot.com)
- Quakes, tsunamis strike Japan (news.cnet.com)
- Twitter Reacts To Massive Quake, Tsunami In Japan (mashable.com)
- Michelle Malkin’s Cousin Marizela Perez Still Missing (mypetjawa.mu.nu)
- Japan Tsunami – Live Streaming & Real-Time Updates (chefsnews.wordpress.com)
- Help Find Marizela! (minx.cc)
- Missing U. Washington Student – Marizela Perez (legalinsurrection.blogspot.com)
- Have You Seeen This Young Woman? Seattle Area (themoderatevoice.com)