Saturday, July 2, 2011
Lindsey Williams said we have more than enough oil in the USA for our own needs, but the so-called "elite" as he calls them have no intention of EVER developing a major oil field in the continental U.S. or Alaska. "They" will not allow this country to become energy independent, and they intend to continue to keep us dependent on foreign oil sources. (My note: Dependency is another world for control.) Later he mentioned the field just disclosed by the USGS which is located in Montana and N. Dakota. (This I believe is the Bakken Field.) He said that it contains 320 billion barrels which is only 10% of the reserves. This oil is worth about 15 trillion dollars. (My note: in others words the 300 BB is the easy oil. It's the oil that will flow out of the ground under its own pressure. That means total reserves of this one field using secondary and tertiary recovery techniques are probably near three trillion barrels. To put that in perspective the Saudis have reserves of about 260 Billion barrels.) One of the senators from Montana has been screaming about this to Congress. He has been totally ignored by both Congress and the media.