Page #2 Colorado’s Oil Lands — Restricted for 76 Years, Now Open for Drilling
The federal government owns 80% of the oil-rich land in the Green River Formation. In fact, the government placed protective legislation on this land in 1930, forbidding anyone to touch it.
Why are we only going after this oil now?
You see, the government always knew this land was saturated with oil — but never really thought we would need to extract it.
In the past, buying oil from foreign countries was always the cheapest bet. It has been for the past 80 years.
Wisely, the government kept the land around for a “rainy day”, protecting it with the 1930 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.
On May 20, 2005, Congress decided enough was enough. That day, they finalized details to lift the protective legislation on the Green River Formation.
The new proposal is called the Oil Shale Development Act of 2005. It mandates the extraction of the world’s most concentrated energy source—the Green River Formation.
In other words, we’re finally ready to tap the largest oil reserve on the planet…
“When the drilling begins, 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…
Of the 2 trillion barrels of proven oil in the Green River Formation — between 800 billion and 1.6 trillion barrels are recoverable. That’s the amount of oil we can actually get out and use.
This supply is so enormous it’s estimated to last for up to 500 years.
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.
They’re not the only ones…
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.”
This supply is so important because it shows that we can finally eliminate our need for foreign oil.
We now hold:
* 20-times as much oil as The United Arab Emirates
* 133-times as much oil as Qatar
* 364-times as much oil as Oman
* 800-times as much oil as Syria
You could even add together all the oil in the Middle East—and our reserves would still come out on top — 3-TIMES LARGER.
The implications are enormous… World-changing.
When asked about America’s least-publicized oil supply, Utah Senator Orrin Hatch said:
“The amounts of oil are staggering. Who would have guessed that in just Colorado and Utah, there is more recoverable oil than in the Middle East.”
There are over 16,000 square miles of oil shale in the Green River formation alone. Each acre holds 2 million barrels of oil—it’s the most concentrated energy source on earth, according to the Energy Department.
No other oil reserve in the world is bigger.
That’s why President Bush officially opened the Green River Formation up to a handful of drilling companies.
President Bush’s executive order: Get all the oil out—starting IMMEDIATELY.
This past January, the government proceeded with the next step in the process accepting proposals from 3 oil shale companies to begin drilling.
In the end, only one company will be chosen “...leading the way to more than 2 trillion barrels of oil shale deposits throughout Western America,” writes the U.S. Federal News Service.
This company will be responsible for launching America’s first commercial oil shale operation and production.
If you’re an investor, it’s not too late to get in on this massive oil supply.
In fact, I’ve found several ways you can get in on the deal…
How much money can you expect to make from this situation?
You might be stunned when you see the numbers…
U.S. Oil Shale Can Make You $551,900 in the Next Few Years
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%.
"I have no doubt that once industry is given access to our [oil shale] resources, we will quickly follow in the footsteps of Alberta."
Senator Orrin Hatch, R-Utah
* 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. More oil equals more money.
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 wealth — the kind of money you can count on for the rest of your life.
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.
It’s projected to be a $20 BILLION per year industry in the U.S.
Eventually, according the Energy Department reserve estimates, the oil shale industry could blossom into a $60 BILLION a year giant — generating more money than Saudi Arabia, Iran, Iraq, or any other oil-rich nation.
To make money, all you have to know is where that money is going.
Luckily, I’ve already figured it out so you don’t have to…
