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Thursday, April 20, 2006 3:32:39 PM
Hidden beneath 1,000 feet of rock in the Rocky Mountains,
lies the largest untapped oil reserve in the world — more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. Three companies have been chosen to lead the way. Test drills are finishing up. Full-scale drilling will begin any day now…
Dear Reader,
Five months ago, the U.S. Energy Department announced the results of a land survey…
It had been conducted to determine the official amount of oil a thousand feet deep in the Rocky Mountains…
They reported this stunning news:
We have more oil inside our borders, than all the 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.
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.
Here’s the kicker…
The U.S. government already owns the land. It’s been right there under our noses the whole time.
In fact, the government’s appointed 3 companies to lead the oil extraction.
Full-scale drilling could begin any day now.
The profit forecasts for these companies are ridiculous. According to the RAND Corporation (a public-policy think tank for the government), this small region will produce:
Three million barrels of oil per day… That translates into more than $20 BILLION a year.
These are the conservative estimates. The U.S. Energy Dept. estimates an eventual output of 10 million barrels of oil per day. If they’re right, that could mean $60 BILLION a year.
I’ve written this letter to tell you everything I’ve learned about this rarely publicized oil reserve… who’s drilling it… and how to get a piece of the world’s biggest, untapped oil supply — before it’s too late.
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 corporations, rogue drillers, and even everyday investors scrambling to stake a claim in it.
Oil shale — as you’ve probably guessed — is oozing with bubbling crude.
And getting the oil out of oil shale can be as easy as placing the rock in a hot oven flame. Companies, however, apply heat on a much larger scale… and the oil quickly separates itself from the rock and sand…
This precious resource is rare — and 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. China plans to double the daily rate of production as soon as possible.
* 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 one of their chief exports.
* 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 for the country’s growing economy.
* 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.
Believe it or not, this region holds the largest known oil reserve on the planet…
When governments fear the people there is liberty. When the people fear the government there is tyranny.
-Thomas Jefferson
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