The days of cheap and easy oil are gone
Dear Energy and Capital Reader,
I'll give you the bad news first. . .
The days of cheap, easy oil have come and gone for countries worldwide. Big Oil and the giant oil cartels can't suppress the truth any longer. We need new energy solutions - and fast.
Now here's the good news:
A massive oil formation - right here in the U.S. - is just now being unlocked. And already it's bringing investors incredible gains. We should know - after all, it's our readers who are raking in these huge gains.
It's called the Bakken - or more technically, the Williston Basin. The U.S. Geological Survey confirms it as the single largest continuous oil find in U.S. history. And this giant oil-producing formation is going to supply us with copious amounts of crude for years on end.
Why has this formation sat dormant for so long? Well, because until now, no one knew how to put it to good use.
This giant sea of sweet crude oil, discovered in the 1950s, has been resting quietly below layers of shale in northern Montana, most of the state of North Dakota, and up into Saskatchewan.
Until recently, it's been virtually untouched. That is, until a major USGS study estimated nearly four billion barrels of technically-recoverable oil in the formation. The rest is history.
In fact, developing the Bakken has thrust North Dakota's oil industry into the spotlight.
But that's not even the best news.
You see, a "second Bakken" - directly underneath this giant oil formation - may hold up to another four billion barrels of its own! It's called the Three Forks basin, and right now geologists are busy confirming it as a second oil-producing basin.
What's more. . .
Cutting-edge drilling technology can extract this previously unreachable oil
You see, the reason this giant oil region sat untouched for so long is that there was no cost-effective way to get down to it - until now.
And while the technology itself is fairly well-known, only a few companies have managed to pull it off successfully. . . and naturally, they're keeping it a secret.
I mean, wouldn't you?!
Sincerely,
Brian Hicks
Posted on 10.13.2009
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