Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
Thread Tools Search this Thread Display Modes
Old 02-10-2011, 04:02 PM   #1
Senior Member
4Knights's Avatar
Oklahoma Boomers Club
Fleetwood Owners Club
Join Date: Jan 2011
Posts: 1,796
Gas prices could go down if??

I just received this email and Wow!
> Subject: FW: FW: OIL---you better be sitting down when you read this
> *While the following is true as far as it goes
> (except I didn't know Steve Forbes had a brother), the new oil finds in
> North America go on and on.* Another big new field in East Central
> Texas is just starting serious redevelopment (more on that later) and
> another large field not developed yet has been found in southern
> Illinois and Indiana and into Pennsylvania, and another just found is
> in greater Los Angeles.* The ones in Texas and Pennsylvania are in
> areas that had been drilled previously, but were thought exhausted
> until recently re-evaluated in light of new drilling depths and
> techniques.* Bakken is probably larger than these three together, but
> they are large too, particularly the one in Texas.* Another really big
> new field is in the mountains Northeast of Vancouver.* They have known
> about it for quite awhile, but couldn't extract the oil because it
> (like Bakken) is in stratified shale.* They now know how to get it out
> almost as easily as the oil they've been pumping in Oklahoma and
> Texas.* Another thought to put the size of Bakken in perspective:* The
> pipeline bringing in oil from Prudhoe Bay in Alaska delivers about 15%
> of the oil presently used in the US.** Bill
> 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.* It was a
> revised report (hadn't been updated since 1995) on how much oil was in
> this area of the western 2/3 of North Dakota, western South Dakota, and
> extreme eastern Montana ...... check THIS out:
> 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," reportsThe 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
> 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* (I subscribe to this.* Bill)
> 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?
> By the way...this is all true. Check it out at the link below!!!
> GOOGLE it, or follow this link.* It will blow your mind.
> *The page cannot be displayed

Ron & Wendy-Kansas
94 Pace Arrow 34 ft
25 yr Army retired 2006
4Knights is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 02-10-2011, 07:22 PM   #2
Senior Member
Lindsay Richards's Avatar
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
Unfortunately, the Department of the Interior has stopped giving permits. Our dependence of foreign oil is political, not a shortage. Sad, but true. Great article.

Lindsay Richards is offline   Reply With Quote
Old 02-10-2011, 07:50 PM   #3
Senior Member
Freightliner Owners Club
Join Date: Mar 2002
Location: Western WA
Posts: 965
Originally Posted by Lindsay Richards View Post
Unfortunately, the Department of the Interior has stopped giving permits. Our dependence of foreign oil is political, not a shortage. Sad, but true. Great article.
To quote an old line, I think it was used on Laugh In - "And That's The Truth!"
'07 Winnebago Journey 34H, ISB-02, MH2500
Toad - '08 Ford Taurus X
Blue Ox, Aventa
FleetMan is offline   Reply With Quote
Old 02-10-2011, 08:55 PM   #4
Senior Member
Hooligan's Avatar
Freightliner Owners Club
Join Date: Apr 2002
Location: Pensacola
Posts: 1,965
But if we had our own cheap oil, then GE would not have a market for windmills and solar panels. (oh wait- is that politics too?)
Saw an article that windmills now account for 6/10th's of 1 % of our energy and solar panels almost 1/10th of 1%. We are on our way!!!

Seriously; 4Knights, good read, thanks
Hooligan, Pensacola, Fl -U.S. Coast Guard 1956-1985
2016 Thor Siesta Sprinter 24ST diesel
Our Pug "Lily" & "George" the Newfoundland
Hooligan is offline   Reply With Quote
Old 02-10-2011, 09:13 PM   #5
Senior Member
Fred and Bonnie's Avatar
Workhorse Chassis Owner
Join Date: Jan 2002
Location: Pacific Northwest or SoCal
Posts: 2,659
Send a message via ICQ to Fred and Bonnie
I am very skeptical of the article, it looks similiar this article on Snopes.

snopes.com: Bakken Formation

Fred and Bonnie
2005 Dolphin LX 6375
Abby, Ruffles & Scarlett, "The Cats"
Fred and Bonnie is offline   Reply With Quote
Old 02-10-2011, 09:25 PM   #6
Moderator Emeritus
RustyJC's Avatar

Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,851
An article in today's Houston Chronicle.

2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Old 02-10-2011, 11:06 PM   #7
Senior Member
Join Date: Sep 2009
Posts: 505
Now children, remember, if it sounds too good to be true, it probably is. I suppose Bush can be blamed for it too. China will own it, and we will pay off the national debt by supplying China all the free oil we can pump to them. We will still be paying over $5.00/gal when the barrels start flowing.
Wayne MD is offline   Reply With Quote
Old 02-11-2011, 08:11 AM   #8
Senior Member
Lindsay Richards's Avatar
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
That Snopes article was 3 years old and quoted a lot of information from 2006. I have read about these new oil sources and the fracturing method for years and am convinced they are true. We are paying about $700 billion per year to overseas countries for oil and this could reverse that as well as provide a huge number of high paying jobs. If we were allowed to get this natural resources, it would make a huge difference in this country. As a country, we need to do this right away. Building refineries and nuclear plants need to be permitted also.
Lindsay Richards is offline   Reply With Quote
Old 02-11-2011, 12:46 PM   #9
Senior Member
Join Date: Sep 2009
Posts: 505
My Way News - Report: Hackers in China hit Western oil companies

Looks like China has already started to get into our so called oil supply. Next they will be backing up the trucks to our pumps and removing the oil for their needs. We of course will give it to them free.
Wayne MD is offline   Reply With Quote
Old 02-11-2011, 01:16 PM   #10
Senior Member
mythplaced's Avatar
Alpine Owners Club
Texas Boomers Club
Join Date: Jan 2009
Location: United States
Posts: 1,282
Originally Posted by RustyJC View Post
An article in today's Houston Chronicle.

Excerpted from that article.....
"The country's (USA) shale oil resources aren't nearly as big as the country's shale gas resources. Drillers have unlocked decades' worth of natural gas, an abundance of supply that may keep prices low for years. U.S. shale oil on the other hand will only supply one to two percent of world consumption by 2015, not nearly enough to affect prices."
Michael (Home base Northern CO)
USED TO HAVE; 03 Alpine 40MDTS Now RVless
mythplaced is offline   Reply With Quote
Old 02-11-2011, 02:02 PM   #11
Senior Member
Lindsay Richards's Avatar
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
I have read many times that the shale oil reserves in the three Western states were larger than the known reserves in the middle east and were over 1.5 trillion bbls. The recovery technology was still be developed though. I will look for the source and post it.
Lindsay Richards is offline   Reply With Quote
Old 02-11-2011, 03:01 PM   #12
Senior Member
Lindsay Richards's Avatar
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
See info and link below on shale oil:

Even testing on recovery methods is banned by the US government.

While oil shale is found in many places worldwide, by far the largest deposits in the world are found in the United States in the Green River Formation, which covers portions of Colorado, Utah, and Wyoming. Estimates of the oil resource in place within the Green River Formation range from 1.2 to 1.8 trillion barrels. Not all resources in place are recoverable; however, even a moderate estimate of 800 billion barrels of recoverable oil from oil shale in the Green River Formation is three times greater than the proven oil reserves of Saudi Arabia. Present U.S. demand for petroleum products is about 20 million barrels per day. If oil shale could be used to meet a quarter of that demand, the estimated 800 billion barrels of recoverable oil from the Green River Formation would last for more than 400 years1.

About Oil Shale

We could become an exporter of oil and have a positive balance of trade.
Lindsay Richards is offline   Reply With Quote
Old 02-11-2011, 04:01 PM   #13
Registered User
Vintage RV Owners Club
Gulf Streamers Club
Join Date: Oct 2010
Location: Indiana
Posts: 4,954
The Bakken Play: With up to 100 billion barrels of oil, the reserves locked under rocks buried a mile or more beneath Montana and Saskatchewan, Canada, are more than twice the size of Alaskan's entire oil cache. New drilling and oil recovery technologies are overcoming production obstacles and petroleum companies are rushing to stake their claims. Marathon Oil recently acquired about 200,000 acres in the area and will drill about 300 oil wells within five years. Brigham Exploration and Crescent Point Energy Trust also want a piece of the action. EOG Resources alone figures it can produce 80 million barrels of oil from its Bakken field. But It will take at least five years before the oil starts flowing in large volumes.

The outer continental shelf (OCS): Something in the neighborhood of 90 billion barrels of oil sit beneath the ocean bed 50 to 100 miles off the Atlantic, Pacific and Gulf coasts. Presidential bans and congressional prohibitions have put the tracts off-limits to oil company exploration at least until 2012, although there's a chance that Congress may lift the moratorium before then. In recent months, several key policymakers, including GOP presidential candidate John McCain and Florida Governor Charles Crist Jr. (R), have reversed their positions on drilling in the OCS. Crist's change of mind may signal a new trend. Concern about potential damage to his state's beaches and Florida's critical tourism industry had dictated his opposition to drilling off the state's coasts. But the state's growing budget woes -- and the prospect of capturing some cash from off-shore leasing -- is proving alluring.

Tar sands: Around 75 billion barrels of oil could come from tar sands, similar to Canadian fields, which now churn out a million barrels a day. The sands are located predominantly in Utah, Alaska, Texas and California, as well as in Alabama and Kentucky on federal and state lands that, by laws and administrative orders, are closed to mineral and petroleum development.

Of course, it isn't enough to simply get at the oil in these and other U.S. reserves. Providing major new supplies to U.S. consumers also requires a significant jump in refining capacity. But existing environmental regulations and community opposition make it tough to build new refineries. The last new domestic refinery was started up in 1976. And even if the technology and political will came together to allow oil companies access to the untapped reserves, they'll be reluctant to do so if the U.S. doesn't also have the capacity to refine the petroleum produced.
Midniteoyl is offline   Reply With Quote
Old 02-11-2011, 05:42 PM   #14
Senior Member
Superslif's Avatar
Thor Owners Club
Pond Piggies Club
Join Date: Jun 2000
Location: NE. Ohio USA
Posts: 3,811
So why would the US Government let "China" buy into OUR good old USA oil? Just don't get it

Just sock-it-to the American consumer. If we're willing to pay $4 or $5 a gallon, I guess there is a tipping point at which the average person will cut back on their way of life or lifestyle. I guess we'll have to see what $5+ gas feels like. Glad I live close to work.....and live debt-free

Jim, Diane & Robert ~ NE. OH.
2013 Aerolite Hybrid #232 ES
2014 Toyota Tundra Limited 5.7L
IRV2 Photo Album ~Let's Go Places~
Superslif is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Not getting generator gas from main tank Ckerch National RV Owner's Forum 8 04-12-2012 08:10 AM
Damaged LP gas line inside unit Workshop Excel Owner's Forum 25 06-10-2010 06:24 AM
Fuel Stops and prices tps0424 Navigation, Routes & Roads 10 08-07-2009 11:41 PM
"Free gas" worth the trouble? park_ridge_dave Class A Motorhome Discussions 2 05-21-2007 03:24 PM
Gas prices going up? Two Bit iRV2.com General Discussion 21 03-08-2005 07:21 AM

» Virginia Campgrounds

Reviews provided by

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 02:51 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.