The Great Deception -> Obama Vows To Achieve Energy Independence

Obama Vows To Achieve Energy Independence, Yet he won't allow us to drill here! ???

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jofortruth

Posted: Feb 1 2009, 10:15 PM

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http://www.statesman.com/services/content/...ml?cxtype=ybuzz

QUOTE

AP
Tuesday, January 27, 2009

WASHINGTON � President Barack Obama is all about change, but on Monday, he went where lots of presidents have gone before: promising that the United States will become energy independent.

"It will be the policy of my administration to reverse our dependence on foreign oil," he said. This time, the effort is for real, Obama said. "For the sake of our security, our economy and our planet, we must have the courage and commitment to change."

And so Obama opened a double-barreled assault on global warming and U.S. energy woes, moving quickly toward rules requiring cleaner-running cars that guzzle less gas. He called it a journey toward energy independence and said "each step begins to move us in a new direction."

Starting his second week in office, Obama took a major step toward allowing California and other states to target greenhouse gases through more stringent auto emission standards, and he ordered new federal rules directing automakers to start making more fuel-efficient cars as required by law.

Texas lawmakers, who have tried unsuccessfully to stiffen tailpipe emissions in the Lone Star State, immediately sought to link the national news to their own efforts. Under a "clean cars" measure proposed by state Sen. Rodney Ellis, D-Houston, and state Rep. Mark Strama, D-Austin, Texas would adopt the California rules.

The auto industry responded warily. Reducing planet-warming emissions is a great idea, carmakers and dealers said, but they expressed concern about costly regulations and conflicting state and federal rules at a time when people are not buying cars.

The policies came as scientists said that even if global carbon dioxide levels were reverted to pre-industrial levels, it still would take at least 1,000 years for the climate changes already triggered to be reversed. Scientists familiar with the analysis, published Monday in the Proceedings of the National Academy of Science, said it emphasizes the need for immediate action to control emissions.

Stimulus setback?

House Democrats appear likely to jettison family planning funds for people with low incomes from an $825 billion economic stimulus bill, officials said late Monday, after an appeal from Obama at a time the administration is courting Republican critics of the legislation.

Several officials said a final decision was likely today, coinciding with Obama's scheduled visit to the Capitol for separate meetings with House and Senate Republicans.

Republicans criticize the provision as an example of wasteful spending that would not create jobs or otherwise improve the economy.

Additional material from American-Statesman staff writer Asher Price and the Los Angeles Times.

jofortruth

Posted: Feb 1 2009, 10:16 PM

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3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana�s Bakken Formation�25 Times More Than 1995 Estimate

QUOTE

Released: 4/10/2008 2:25:36 PM

Contact Information:
U.S. Department of the Interior, U.S. Geological Survey
Office of Communication
119 National Center
Reston, VA 20192 Geology Energy Program
Phone: N/A
-------------------------------------------------------------------------------
Reston, VA - North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.

A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.

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3 to 4.3 Billion Barrels of Oil in North Dakota and Montana

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Technically recoverable oil resources are those producible using currently available technology and industry practices. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources.

New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes. About 105 million barrels of oil were produced from the Bakken Formation by the end of 2007.

The USGS Bakken study was undertaken as part of a nationwide project assessing domestic petroleum basins using standardized methodology and protocol as required by the Energy Policy and Conservation Act of 2000.

The Bakken Formation estimate is larger than all other current USGS oil assessments of the lower 48 states and is the largest "continuous" oil accumulation ever assessed by the USGS. A "continuous" oil accumulation means that the oil resource is dispersed throughout a geologic formation rather than existing as discrete, localized occurrences. The next largest "continuous" oil accumulation in the U.S. is in the Austin Chalk of Texas and Louisiana, with an undiscovered estimate of 1.0 billions of barrels of technically recoverable oil.

"It is clear that the Bakken formation contains a significant amount of oil - the question is how much of that oil is recoverable using today's technology?" said Senator Byron Dorgan, of North Dakota. "To get an answer to this important question, I requested that the U.S. Geological Survey complete this study, which will provide an up-to-date estimate on the amount of technically recoverable oil resources in the Bakken Shale formation."

The USGS estimate of 3.0 to 4.3 billion barrels of technically recoverable oil has a mean value of 3.65 billion barrels. Scientists conducted detailed studies in stratigraphy and structural geology and the modeling of petroleum geochemistry. They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates.

USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independents, universities and other experts to develop a geological understanding of the Bakken Formation. These groups provided critical information and feedback on geological and engineering concepts important to building the geologic and production models used in the assessment.

Five continuous assessment units (AU) were identified and assessed in the Bakken Formation of North Dakota and Montana - the Elm Coulee-Billings Nose AU, the Central Basin-Poplar Dome AU, the Nesson-Little Knife Structural AU, the Eastern Expulsion Threshold AU, and the Northwest Expulsion Threshold AU.

At the time of the assessment, a limited number of wells have produced oil from three of the assessments units in Central Basin-Poplar Dome, Eastern Expulsion Threshold, and Northwest Expulsion Threshold.
The Elm Coulee oil field in Montana, discovered in 2000, has produced about 65 million barrels of the 105 million barrels of oil recovered from the Bakken Formation.

Results of the assessment can be found at http://energy.usgs.gov.

For a podcast interview with scientists about the Bakken Formation, listen to episode 38 of CoreCast at http://www.usgs.gov/corecast/.

jofortruth	Posted: Feb 1 2009, 10:18 PM
Administrator Group: Admin Posts: 31,446 Member No.: 1 Joined: 1-May 07	Alaska has More Oil than Saudi Arabia - Govt Won't Allow it to be brought up. WHY? Read "The Energy Non Crisis" by Lindsey Williams: http://z4.invisionfree.com/The_Great_Decep...?showtopic=4920

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