Massive Oil Deposit Could Increase US reserves by 10x

Next Energy News, February 13, 2008 [posted here March 29]

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant. Continued... Read More......

"I want to TAKE those profits..."

Well worth remembering...

At the DNC Winter meeting, presidential candidate Sen. Hillary Clinton made a statement that should have shocked Americans but her words were met with applause instead. Clinton said,

Clinton: "The Democrats know what needs to be done. Again, we're working to try to push this agenda forward. The other day the oil companies reported the highest profits in the history of the world. I want to take those profits, and I want to put them into a strategic energy fund that will begin to fund alternative smart energy, alternative and technologies that will begin to actually move us in the direction of energy independence." [Emphasis added]

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