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Your opinion please............................................ .....................................America to Stop ALL Oil Imports from the Middle East!
U.S. Government unveils secret of the world's biggest oil reserve, which spans Colorado, Utah, and Wyoming and holds...
8-times more oil than Saudi Arabia... 18-times more oil than Iraq... 22 times more oil than Iran...
When drilling beings, it could mean an end to Middle East oil dependency... and it could make early investors rich.
Dear Reader,
Al-Qaeda has declared war on Middle Eastern oil facilities...
In March, terrorists rammed three bomb-loaded cars through the front gates of Abqaiq, a gigantic Saudi Arabian oil facility.
This was the second attempt in as many months to destroy Saudi Arabia’s biggest oil refinery — with terrorists getting as close as 300 feet to the most sensitive areas.
A successful strike would have lifted oil prices to $150 a barrel for as long as a year.
Since then, the Juaymah storage tanks and the off shore rigs at Ras Tanura — both in Saudi Arabia’s Eastern province — have also narrowly avoided destruction.
In July the situation got even worse. The conflict between Israel and Hezbollah pushed oil prices to $78 per barrel — a record high!
Here in the United States, the message is clear: End dependency on foreign oil or suffer the consequences.
This is why last year a group of U.S. lawmakers unleashed a new plan: to finally unveil a secret U.S. government oil field and unlock the oil trapped inside.
Last August, the Energy Department delivered the full report:
This new reserve holds more than 2 TRILLION barrels of oil... Enough to meet our energy demands for the next 500 years, according to some estimates.
In other words, this reserve is so big it could put a stop to our foreign oil dependency and end oil worries forever.
While you almost never hear about it in the mainstream news, plans are already underway to drill this massive oil field.
The government is finalizing the details this very moment...
• “The gigantic untapped [oil] resources found in Utah, Colorado, and Wyoming are sufficient to meet our energy needs, while also contributing to the ever-increasing global demand for liquid fuels.”
-- Utah Senator, Orrin Hatch
• Developing this new oil resource “could literally shake the world.”
-- Chairman of the Senate Committee on Energy and Natural Resources, Pete Domenici
• “We actually have some of the world’s largest potential oil resources within our borders. If my math is correct, we have 12 times as much oil as Saudi Arabia.”
-- Energy and Minerals Subcommittee Chairman, Jim Gibbons
Already, a small group of companies have been chosen to lead the way.
I’ve written this letter to tell you everything I’ve learned about America’s biggest and most secret oil reserve… where it’s located... who’s going to drill it… and how it could mean an end to high oil prices and foreign imports for good.
Here’s the full story...
The Next American Oil Boom
There’s a new source of oil in the American West.
Today, it sits idle — untapped — inside more than 16,000 square miles of rock and sand.
Geologists call what lies in this region, oil shale.
What is oil shale?
At first glance, oil shale looks like an ordinary black rock.
It feels grainy to the touch and... greasy. You see, what’s inside oil shale has huge governments, Big Oil, venture capitalists, and even everyday investors scrambling to stake a claim.
Oil shale — when heated — oozes bubbling crude.
This precious resource is rare — found only in a few select countries. Places like China, Brazil, Estonia, Morocco, and Australia.
But the real story is how much untapped oil shale lies beneath U.S. soil. As the chart to the right indicates, there’s 4-times more oil shale in the U.S. than in all other countries combined.
Over the past 125 years, oil shale has been the secret oil source for a handful of nations. Specifically, those fortunate enough to have it...
China’s been using oil shale since 1929. Today, China is the largest producer of oil from oil shale. It plans to double the daily rate of production soon.
Estonia is an oil shale dependent economy. Over 90% of the country’s electricity is fueled by shale oil. In fact, electricity run on oil shale is a chief export.
In 1991, Brazil built the world’s largest oil shale facility. They’ve already produced more than 1.5 MILLION tons of oil to make high quality transportation fuels.
Jordan, Morocco, and Australia have recently announced plans to utilize their oil shale resources. All 3 governments are currently working to build oil shale facilities.
But all these countries’ oil shale resources pale in comparison to the U.S. supply. As you can see from the table to the right, the United States dominates the oil shale market — with over 72% of the world’s oil shale resources.
Our gargantuan supply of oil lies beneath an area called the Green River Formation — a barren stretch of land covering portions of Colorado, Utah, and Wyoming.
World-renowned geologist Walter Youngquist calls the oil beneath the Green River Formation, “a national treasure.”
Congress calls this area simply, “the next Saudi Arabia.”
It’s easy to see why...
This region holds the largest known oil reserve on the planet...
Colorado’s Oil Lands — Restricted for 76 Years, Now Open for Drilling
There are over 16,000 square miles of oil shale in the Green River formation...
Each acre holds 2 million barrels of oil — it’s the most concentrated energy source on earth, according to the Energy Department.
The federal government owns 80% of this oil-rich land.
In fact, the government placed protective legislation on this land in 1930, forbidding anyone to touch it.
You see, the government always knew this land was saturated with oil — but getting it out has always been expensive.
Buying oil from foreign countries was always the cheaper bet. It has been for the past 80 years.
Wisely, the government kept the land around for a “rainy day”, protecting it with 1930s legislation.
I’m sure you’re aware of today’s situation at the gas pump. Buying oil from foreign countries has gotten out of hand. The price of oil is sky-high. It’s way too expensive to keep buying foreign oil. In other words, the “rainy day” has finally arrived.
The timing couldn’t be more perfect. Oil shale technologies have begun to advance – drastically.
Companies are coming up with ways to extract oil from the Green River Formation very cheaply.
For example, one Utah-based company says it can extract the oil for as little as $10 a barrel. In fact dozens of companies have stepped forward with similar claims. With oil prices approaching $70 a barrel – these are pretty significant breakthroughs.
That’s all the government needed to hear.
On August 8, 2005, President Bush signed into law a new energy mandate.
This mandate is called The Energy Policy Act of 2005. It calls for the opening phases of oil extraction in the Green River Formation – the world’s most concentrated energy source.
We’re finally ready to tap the largest oil reserve on the planet...
“The United States Could become ‘The New Middle East’”
~ U.S. Energy Department Survey
If you want to get in on the American oil shale boom, here’s what you need to know...
The New Middle East
It can be difficult to imagine such massive amounts of oil. Below, I’ve included a page of the Energy Department’s classified report. It puts into perspective how much recoverable oil we have — and the kind of money that will be made…
There’s so much oil in this region the Energy Dept. thinks we could become the world’s leading oil producer.
This reserve is so big it’s projected to last for 500 years, according to some estimates.
You could even add together all the oil in the Middle East—and our reserves would still come out on top — 3-TIMES LARGER.
That’s a lot of oil.
Of the 2 trillion barrels of proven oil in the Green River Formation — between 800 billion and 1.2 trillion barrels are recoverable. That’s the amount of oil we can actually get out and use.
Extracting this much domestic oil is very attractive to the government, especially in today’s politically unstable environment.
It’s estimated that tapping U.S. oil shale would decrease domestic oil prices by as much as five percent a year. That may not sound like much, but consider that a 5% drop in oil prices would save Americans $15 - $20 BILLION a year at the gas pumps.
That’s why on August 8, 2005, President Bush signed into law the Energy Policy Act of 2005.
This historic legislation officially opens up the Green River Formation to a handful of drilling companies.
In January, the government accepted proposals from six companies to test their oil shale drilling methods for commercial production.
Already 3 have been cut... Now only 3 are left.
From the remaining three, I think only one company’s drilling technology will meet the government’s strict shale development standards – and go on to develop oil shale on a commercial level.
This company would be responsible for launching America’s first commercial oil shale operation and production “…Leading the way to more than two trillion barrels of oil shale deposits in the Green River Formation,” writes the U.S. Federal News Service.
I’ll not only tell you who I think this company will be...
I’ve found several more ways you can make money from this situation.
How much can you expect to make?
You might be stunned when you see the numbers...
U.S. Oil Shale Could Make You $551,900 in the Next Few Years
You may be aware of a similar situation going on, right now in the oil business, in an area called the Alberta Oil Sands.
This region in Northern Canada holds billions of barrels of oil – which also happen to be locked inside large amounts of sand and rock.
Why am I telling you this?
Because in their recent analysis of the Green River Formation, the Energy Department wrote that the opportunity to make money in U.S. oil shale is “Comparable to Alberta, Canada Oil Sands.”
If you know anything about Canadian oil sands, you know for the past 5 years they’ve been moneymaking machines.
Here are a few examples:
In late 2003, Jay Reardon bought shares in a company called Western Oil Sands. If he cashed out today, he’d profit $364,070.32. Needless to say, he’s holding out for more. Western Oil Sands has gone up 1,564% in the last 5 years.
Investor J.R. Stanton got in on a company called Suncor Energy in April 2003. Today, he’s built a lasting family fortune worth more than $824,900. Since the late 90’s this stock has taken off 2,390%.
Since she began investing last year, Nichole Brubaker has made over $28,300 with Canadian Oil Sands Trust. This cash cow has returned a solid 1,605% since 1998.
A $10,000 investment in each of these leading oil sands companies in the late 1990s would now be worth more than $551,900.
Incredibly, even more money stands to be made with U.S. oil shale — at least 3-times more, by my calculations.
How do I know?
Just look at the numbers:
Fact #1 – U.S. oil shale is 2-times as dense as Canadian oil sands: It takes 2 tons of Canadian oil sand to produce one barrel of oil. It takes only half as much oil shale to generate a barrel of oil. There’s simply more oil in oil shale.
Fact #2 – The U.S. has larger oil resources: There’s 11-times more oil in the U.S. than there is in Alberta, Canada. See for yourself in the chart below.
Remember, U.S. oil shale is still untapped. A bigger supply of oil means longer lasting resources – and potentially, longer lasting opportunities to make money.
It’s important to know that the easy money has already been made in Canadian oil sands.
Oil shale is still a ground floor opportunity.
The RAND corporation (a government research think tank) says the oil shale industry could be a $20 billion a year industry in the U.S.
All you have to know is where all that money is going.
Because I've been involved in the oil business for the past decade, I can tell you exactly what's happening, and how to take advantage of it.
How to Stake Your Claim in
2 Trillion Barrels of Oil
I’ve spent every day of the past three months researching every possible way to make money with the massive U.S. oil shale supply.
I’ve found a total of THREE ways.
The first way is with my favorite oil shale company. I think their new drilling process is so innovative, the government will likely choose them to drill the mother lode in the Green River Formation.
How do I know they'll get the green light?
For the past 5 years this company has been tucked away deep in the Green River Formation – pumping out shale oil. However, it began laboratory testing back in 1981 – so they have more than 25 years of research under their belt.
Their process can extract oil for as little as $25 a barrel. With oil prices hovering around $70 a barrel, this company stands to make a fortune.
They’ve even submitted the largest patent application in history for their drilling process, so it will be protected for the next 20 years.
This revolutionary process heats the rock and sand while it’s still in the ground. Then they pump the oil as it oozes out from the ground.
It’s cheap... low profile... and environmentally friendly.
Altogether this company has invested more than $1 BILLION on alternative fuel sources, like oil shale. That’s not including their $150 million investment in China’s oil shale resources.
But here's the best part...
This company states they can produce one million barrels of oil per acre in the Green River Formation. The government owns over 800,000 acres there. If the government grants them full access, and I think they will, that would be more oil than any company has ever extracted from oil shale.
When full-scale drilling begins, this company could double their daily rate of oil production... and double their share price. They’re even paying a generous dividend thanks to their other oil operations.
If you want to get in on the American oil shale boom, making money begins with this drilling company.
I’ve just finished compiling an in-depth research report detailing everything you need to know...
It’s called The U.S. Government’s Secret Oil Supply: How to Make Money in the American Oil Shale Boom.
This comprehensive report analyzes all the government nominated companies, including my favorite oil shale company – the company I think the government will choose to go after TRILLIONS of barrels of oil in the Green River Formation.
But that’s not all...
I told you I found THREE ways to make money in the coming American oil shale boom. Here are the two others...
Two More Ways to Cash in on the American Oil Shale Boom
To fuel its massive oil shale heaters, my favorite oil shale company needs an alternative source of power – something I call the “secret energy.”
Currently, their “secret energy” bills run about $60,000 per month – which will get even larger as oil shale development grows.
For the companies that supply “the secret energy,” it will likely mean a huge payday.
A recent article in a Colorado newspaper describes the situation best:
[The secret energy] demand will also surge when oil shale development takes off in the next few years in the [Piceance] basin.
The Piceance basin has the highest oil concentration in the Green River Formation – holding more than 1.2 TRILLION barrels of oil.
This is the region the government-selected companies will use to test their shale drilling methods.
I’ve found the largest “secret energy” company that supplies power to the Piceance basin.
How fast does the government want to get full-scale oil shale production started?
Exxon's oil shale proposal was rejected almost immediately because they didn't have a ten-year oil shale program in place. This reveals just how serious the government is about getting U.S.oil shale production up and running within the next 10 years.
As long as the government is pushing the oil shale development in the Piceance basin, this company will have to supply the power.
And I don’t see the government leaving anytime soon.
I expect this company's share price to soar as oil shale development takes off in the coming years. In fact, they too pay a consistent dividend – paid out steadily since 1989.
I explain the full details in my report, The U.S. Government’s Secret Oil Supply: How to Make Money in the American Oil Shale Boom.
And there's more...
I’ve discovered one more company you need to know about...
Take a look at this recent government quote...
The oil shale [testing] will take place in the same areas where drilling for natural gas has been rapidly expanding. If all the leases produce, the area would be transformed into a highly industrialized zone with a network of roads, pipelines, rail lines, and power plants to service the gas fields, oil shale heating sites and oil shale mines.
The U.S. Bureau of Land Management
In other words, if you’re a company going after oil shale, you need more than just the "secret energy" source, you need natural gas – and lots of it.
Oil shale companies use natural gas to heat the oil shale, run electricity, and for the day-to-day operations…
Natural gas is the cheapest way to get energy to the remote areas of western Colorado, Utah, and Wyoming.
I found a small gas company that stands to benefit as oil shale development increases. It sits on considerable amounts of land in the Green River Formation.
In The U.S. Government’s Secret Oil Supply: How to Make Money in the American Oil Shale Boom I’ll tell you about all the government-nominated companies, including my favorite oil shale company, the “secret energy” source company, and the natural gas company that stands to benefit from the situation.
That’s a total of THREE ways to potentially make a fortune in the American oil shale boom.
Best of all, I’d like to send you this report FREE of charge.
Let me show you how to get your copy...
How to Make a Fortune in Oil
My name is Matt Badiali. I’ve been studying the oil industry for the past 15 years. I’ve been involved in almost every aspect of geological exploration and drilling.
I'm a geologist by training... from my teaching positions at Duke and Florida Atlantic University... to my stints on a drill rig in Delray Beach, and as a field geologist for a variety of firms.
What it all boils down to is, understanding the industry... the new technologies being used... where new oil supplies are coming from... and how those supplies will reach us — the end users...
...I’ve seen it all.
Now, I spend every day researching and analyzing these crucial details... and reporting my best investment ideas for a financial research service called The Oil Report.
What I’m most excited about now is oil shale...
Are you Scott posting under a new name?
<quote>U.S. Government unveils secret of the world's biggest oil reserve, which spans Colorado, Utah, and Wyoming and holds...</quote>
Shhh. It's secret.
http://en.wikipedia.org/wiki/Oil_shale
Oil in that form is extremely expensive to extract.
Bush or any other politician can pass any bill they want to allow exploration of the region, but it's up to the exploration companies to extract the stuff. At some price point, it will be economic to produce, but I don't know what that price point is. Something well above what it is now.
Even so, there won't be any independence from ME oil, unless its dictated by ill-advised politicians. Saudi oil will always be able to beat shale in price, and it would be dumb for a firm to buy shale oil just to suit some political talking point. Free trade dictates specialization where resources are compe ively advantages. Shale is compe ively disadvantaged barring some technological breakthrough.
I'm more worried of the geothermal/pre-volcanic activity in the area being coupled with shale exploration to produce disasterous results.
The volcano that doesn't yet exist under Yellowstone is the one that most worries me. That 'volcano' would have the power to blot out the sun for about a month should it blow open.
I think the bigger problem is enviromental pollution and water. I know that strip mining for gold is already a big controversy in the area because water resources are so scarse and the type of tapping required for shale oil requires tremendous amounts of water to be pumped into the hole to heat the shale, also causing much more CO2 emissions than traditional drilling.
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