Now that news has officially broken of 20 Billion Barrels of Oil and 1.6 Billion Barrels of natural gas has become available through drilling in the US, the only question remaining is why did Barack Obama try so hard to stop America becoming energy independent?
The exploration for oil has been a massive enterprise for years, and it is extremely unlikely that the Texas area was never looked at by Geological Survey groups until now. Obama banned offshore drilling, put the “shut-down” on oil pipe projects, and spent billions of dollars promoting “alternative energy sources”. But why?
We can all agree that sustainable energy is better than non-sustainable, but the US was STILL importing masses of oil from overseas. So his decisions were clearly not to stop “the use of oil”. Is there anyone who seriously believes that this vast ocean of oil has only just been discovered? The information was buried for political reasons. Obama wanted a reason to keep on sending money to the Arab nations and what better way than to let them hike the oil price and make US citizens pay for it.
Perhaps now, under President Trump, the US can finally work towards energy independence AND REAL sustainable energy sources without the political agenda getting in the way.
FOREIGN OIL DEPENDENCE IS OUT THE DOOR WITH NATIONAL DISCOVERY OF OIL DEPOSITS
Wildcatters surged into Oklahoma and Texas in the late 1800’s and early 1900’s. They hit everywhere they could think of to strike the rich flow of oil. That was America doing what is was supposed to do…take care of her own.
Then we hit the era of importing barrel after barrel of crude oil. The dependence for foreign oil became the mainstay of our energy program.
But the problem is we are at the mercy and greed of those nations we import from. They can develop the price per barrel to whatever level they want…and we simply cough up the money.
But that might be changing quicker than we recently believed possible.
THE FIND IS AMAZING
Per Freedom’s Final Stand:
In a time when the US is just getting out from under the thumb of Saudi Oil Princes by opening up Shale gas markets, the final nail in the coffin of Arabian control over domestic power might finally be at an end.
According to the Geological Survey, a new discovery of oil AND natural gas liquids has been found in Texas. Preliminary figures suggest that there could be around 20 billion barrels of oil and a staggering 1.6 billion barrels of natural gas liquids available for exploitation.
Prices of oil fluctuate wildly (mostly because industries are often in thrall to Middle Eastern Oil suppliers), but if a conservative estimate of $45 per barrel was used, this is a game-changing event in terms of the US economy and energy independence.
But it actually shows us a wider picture. Where before, we were asked to assume that these resources were all but gone, and that our only hope was renewable (heavily subsidized) energy sources, we can now look for much more sustainable long term solutions that will actually be effective and pay for themselves.
Energy independence is necessary for any nation to be truly free. This is a good start.
WHAT IT EQUATES TO
According to the Geological Survey, an incredible find is making Americans excited.
A new discovery shows that around 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids, on average, are available for the taking in the Wolfcamp shale region of Texas, according to Business Insider.
Estimates are that these deposits have a potential for 100’s of billions in value. This could be conservative estimates at best. That means that the future of foreign oil may be seeing an end. Or at very least…a drastic decline.
Fracking is already going on and these deposits could be the next major strike.
“The fact that this is the largest assessment of continuous oil we have ever done just goes to show that, even in areas that have produced billions of barrels of oil, there is still the potential to find billions more,” Walter Guidroz, program coordinator for the USGS Energy Resources Program, said in a statement.
Obama established off-shore drilling limits. He stopped the Keystone pipeline. But his efforts lack impact with this type of news.
President Trump can allow oil companies to begin drilling to build our own independence on oil. This map below from the USGS shows the location of these oil deposits.
It’s time America quit importing oil from countries that would love to see our destruction. These regions are home to the very terror groups that seek jihad on Israel and western ideology. Why add to their war chest?
Let’s begin the process of drilling and bringing to the surface our own supplies of crude and natural gas.
SO think it’s time to end our reliance on foreign oil?
H/T: Lady Liberty’s News