Dear Peter
In what should be bombshell news, CNSNews.com is reporting that an expert with the federal government testified before Congress that:
The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined.
In a nation with sky-high gas prices, record long-term unemployment and widespread anxiety about the economy, this should be the biggest news story of the year. But the fossil-fuel-hating liberal media are SILENT.
As drilling technology improves, many new oil and gas discoveries have taken place. Most recently a discovery in North Dakota led to an oil boom that has left that state with a nation leading 3% unemployment rate. While fossil fuels continue to power America and drive prosperity, but the liberal media continue to cheerlead for pie-in-the-sky solar, algae and wind energy federal boondoggles.
Hey folks,
Happy Friday to ya. Time to check the Emails. You too can be part of the OPNTalk2 Blog, or if you just want to comment, complain, or just say "Hi," the Email is, opntalk@gmail.com.
This is from David Martin from The Media Research Center. It goes on a bit talking about how the Obama State Run Media do not report any of this. He talks about some of the things I have been telling you for years. We DO have more Oil and Natural Gas than EVERYWHERE in the world combined. We do not have to be beholden to anyone for our energy needs. We do not have to have sky high energy costs.
The piece he points out is by CNS News. Here it is.
(CNSNews.com) - The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the Government Accountability Office told Congress on Thursday.
The GAO testimony said that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land. It also noted that developing the oil would have an environmental impact and pose “socioeconomic challenges,” that included bringing “a sizable influx of workers who along with their families put additional stress on local infrastructure” and “making planning for growth difficult for local governments.”
{Laughing} Yeah it's there but. BAD, bad, bad... The Environment will be effected. Uh, I can't tell ya how, backing it with any facts, but it's going to be bad. All these new people that get new jobs? And their families? We can't have that. It would be horrible for the local governments. All these people. Bad, bad, bad. Yeah we admit we got the resources, but , uh, we can't use them..Bad, bad, bad..
“The Green River Formation--an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming--contains the world's largest deposits of oil shale,”Anu K. Mittal, the GAO’s director of natural resources and environment said in written testimony submitted to the House Science Subcommittee on Energy and Environment.
“USGS estimates that the Green River Formation contains about 3 trillion barrels of oil, and about half of this may be recoverable, depending on available technology and economic conditions,” Mittal testified.
Translation, if the government stays out of the way. "Economic conditions" means oppressive regulations and taxation. If the government allows it at all.
“The Rand Corporation, a nonprofit research organization, estimates that 30 to 60 percent of the oil shale in the Green River Formation can be recovered,” Mittal told the subcommittee. “At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world's proven oil reserves.”
In her oral statement before the subcommittee, Mittal said that developing the shale oil would create wealth and jobs for the country, but also challenges for government.
“Being able to tap this vast amount of oil locked within this formation will go a long way to help to meet our future demands for oil. The U.S. Geological Survey, as you noted, estimates that the formation contains about 3 trillion barrels of oil of which half may be recoverable,” she said.
“As you can imagine having the technology to develop this vast energy resource will lead to a number of important socioeconomic benefits including the creation of jobs, increases in wealth and increases in tax and royalty payments for federal and state governments,” she said.
“While large-scale oil-shale development offers socioeconomic opportunities it also poses certain socioeconomic challenges that also should not be overlooked,” she testified. “Oil shale development like other extractive industries can bring a sizable influx of workers who along with their families put additional stressed on local infrastructure.
Development from expansion of extractive industries has historically followed a boom-and-bust cycle making planning for growth difficult for local governments.”
In her written testimony, Mittal noted that three-fourths of the Green River shale oil is under federal land.
“The federal government is in a unique position to influence the development of oil shale because nearly three-quarters of the oil shale within the Green River Formation lies beneath federal lands managed by the Department of the Interior’s (Interior) Bureau of Land Management (BLM),” she testified.
The GAO also cited potential environmental impacts from producing oil from the Green River shale that included the need to draw large amounts of water, possible harm to water quality, and temporary degradation of air quality and the clearing of large amounts of vegetation.
"Developing oil shale and providing power for oil shale operations and other activities will require large amounts of water and could have significant impacts on the quality and quantity of surface and groundwater resources," Mittal said in her written testimony. "In addition, construction and mining activities during development can temporarily degrade air quality in local areas. There can also be long-term regional increases in air pollutants from oil shale processing and the generation of additional electricity to power oil shale development operations. Oil shale operations will also require the clearing of large surface areas of topsoil and vegetation which can affect wildlife habitat, and the withdrawal of large quantities of surface water which could also negatively impact aquatic life."
And that is how it ends. I checked. There is no page two. So this piece, over at CNS News, By Terence P. Jeffrey, tells us that the resource is there. They admit that it will do what it will do. “As you can imagine having the technology to develop this vast energy resource will lead to a number of important socioeconomic benefits including the creation of jobs, increases in wealth and increases in tax and royalty payments for federal and state governments.” Yet, it wraps up with what the Environuts will cling on to. Bad, bad, bad.
Folks, David Martin is right here. With sky high energy prices, the price of everything goes up. People are hurting. Our nation is dependent on ever increasing hostile world powers that do not like us that much to begin with. Unemployment is still record high. Here is a solution to many of our problems. Yet? The Media? Silent.
They are desperate to prevent Americans from learning the truth about the Obama Administration’s war on oil and coal industry.
CNSNews.com’s bombshell report should be on the front pages of every major newspaper. Instead, the media are covering it up.
Have a GREAT Weekend folks. See you Sunday...
Peter
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