YES THERE ARE
FOUR TIMES Bigger than the Bakken Fields in the Dakotas... IN CALIFORNIA!!
They are preserving the oil for the day when America is taken over by the Socialists and the SHTF then Oil will be the economic lifeblood of the newly poor "UNITED SOCIALIST STATES OF AMERICA." THE POOR WILL GET SUBSIDIZED OIL.. say $ 0.25 per gallon like in Venezuela along with subsidized transportation and basic foods all paid for by the OIL DOLLARS...
On October 15, 1542, Spanish explorer Juan Rodriguez Cabrillo entered the Santa Barbara channel off the coast of California.
According to his captain’s log, he noticed “long, colorful slicks of rainbows” and “black balls” floating in the ocean for miles...
He didn’t know it at the time, but these were oil slicks that were coming from natural seeps in the seabed and from surface seeps onshore.
Cabrillo recorded that the Native Americans along the Santa Barbara Channel used the tar-like substance (known as asphaltum) to caulk their canoes. Cabrillo followed the Native Americans' example, using the substance to waterproof two of his own ships.
In 1792, Captain Cook's crew reported the ocean near Goleta in the Santa Barbara Channel was covered with an oily surface in all directions. According to Vancouver, Cook’s navigator, the oil was so thick that the entire sea took on an iridescent hue.
Many other explorers reported similar sightings.
Fast-forward 215 years to 2007...
In February 2007, a large number of tar balls washed up on the beaches in Central California —from Monterey Bay north to Half Moon Bay and San Francisco.
Concerned California residents called state officials asking where these balls of tar might have come from, and whether they posed a threat to wildlife or affected the beaches. Overwhelmingly, people assumed the oil on the beaches was the result of an oil spill.
However, after taking several samples and analyzing the tar balls back in the lab, the U.S. Geological Survey concluded the oil came from fissures in the seabed off the coast of California.
You may recall in my recent article, "A Brief History of Oil," I wrote:
A couple of weeks ago, CNN Money reported that “California could be the next oil boom state.”
In other words, the oil was cooked and created in the Monterey Shale.
Over time, the oil migrated into surrounding oil reservoirs, where it's been drilled for a century.
Take a look:
For the past 100 years, California has been a major oil producer, and most of that oil was produced by the Monterey Shale.
Now oil companies are going to the source...
The results could be an absolute bonanza.
I say “could” because California doesn’t have the same friendly business environment as Texas and North Dakota... but we’ll see.
WHY CALIFORNIA WONT DRILL ??? THE LEADERS OF THE ENVIRONMENTALIST MOVEMENTS (ALSO KNOWN AS USEFUL IDIOT MOVEMENTS) ARE BOUGHT AND PAID FOR BY Oil Exporting Countries and THE SAUDI MONARCHY!!
Obama too is bought and paid for by Saudi Arabia and other Oil Exporting Countries and will work to keep the cost of Oil high!
EXAMPLE:
Matt Damon’s Anti-Fracking Movie Financed by Oil-Rich Arab Nation
The creators of Promised Land have gone to absurd lengths to vilify oil and gas companies, as Scribe’s Michael Sandoval noted Wednesday. Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing – a technique for extracting oil and gas from shale formations – Promised Land’s script has been altered to make doom-saying environmentalists the tools of oil companies attempting to discredit legitimate “fracking” concerns.
While left-leaning Hollywood often targets supposed environmental evildoers, Promised Land was also produced “in association with” Image Media Abu Dhabi, a subsidiary of Abu Dhabi Media, according to the preview’s list of credits. A spokesperson with DDA Public Relations, which runs PR for Participant Media, the company that developed the film fund backing Promised Land, confirmed that AD Media is a financier. The company is wholly owned by the government of the UAE.
http://blog.heritage.org/2012/09/28/matt-damons-anti-fracking-movie-financed-by-oil-rich-arab-nation/
FOLLOW THE MONEY.. AS IT FLEES YOUR WALLET
Oil RESERVES
FOUR TIMES Bigger than the Bakken Fields in the Dakotas... IN CALIFORNIA!!
People wonder if the Obama Cabal is stupid for not drilling for oil in the US. Its them that are stupid if they really thinks so.
They are preserving the oil for the day when America is taken over by the Socialists and the SHTF then Oil will be the economic lifeblood of the newly poor "UNITED SOCIALIST STATES OF AMERICA." THE POOR WILL GET SUBSIDIZED OIL.. say $ 0.25 per gallon like in Venezuela along with subsidized transportation and basic foods all paid for by the OIL DOLLARS...
TILL THEN... THE LEADERS OF THE ENVIRONMENTALIST MOVEMENTS (ALSO KNOWN AS USEFUL IDIOT MOVEMENTS) ARE BOUGHT AND PAID FOR BY Oil Exporting Countries and THE SAUDI MONARCHY and the American Socialists to keep the Oil in the ground based on LOONY GLOBAL WARMING AND SAVE THE PLANET BULLSHIT!!
On October 15, 1542, Spanish explorer Juan Rodriguez Cabrillo entered the Santa Barbara channel off the coast of California.According to his captain’s log, he noticed “long, colorful slicks of rainbows” and “black balls” floating in the ocean for miles...
He didn’t know it at the time, but these were oil slicks that were coming from natural seeps in the seabed and from surface seeps onshore.
Cabrillo recorded that the Native Americans along the Santa Barbara Channel used the tar-like substance (known as asphaltum) to caulk their canoes. Cabrillo followed the Native Americans' example, using the substance to waterproof two of his own ships.
In 1792, Captain Cook's crew reported the ocean near Goleta in the Santa Barbara Channel was covered with an oily surface in all directions. According to Vancouver, Cook’s navigator, the oil was so thick that the entire sea took on an iridescent hue.
Many other explorers reported similar sightings.
Fast-forward 215 years to 2007...
In February 2007, a large number of tar balls washed up on the beaches in Central California —from Monterey Bay north to Half Moon Bay and San Francisco.
Concerned California residents called state officials asking where these balls of tar might have come from, and whether they posed a threat to wildlife or affected the beaches. Overwhelmingly, people assumed the oil on the beaches was the result of an oil spill.
However, after taking several samples and analyzing the tar balls back in the lab, the U.S. Geological Survey concluded the oil came from fissures in the seabed off the coast of California.
You may recall in my recent article, "A Brief History of Oil," I wrote:
And ever since, oil and gas companies have used the observation of naturally occurring seeps to find massive oilfields.And you can see by this image from the USGS how seeps and oil fields are closely related:
That’s because typically where you see a seep, you find a highly-pressurized reservoir below. The high quality oil is literally being pushed out of the ground.
A couple of weeks ago, CNN Money reported that “California could be the next oil boom state.”
You may remember when, late last year, California Gov. Jerry Brown pushed for a top state regulator to ease regulations for energy companies seeking to drill for California's oil. The official refused.This is important — because geologists have concluded that the Monterey Shale is the "source rock" for Southern California's oil production.
A week later, Brown fired the regulator — along with a deputy, Elena Miller.
The governor appointed replacements who agreed to stop subjecting every fracking project to a top-to-bottom review before issuing a permit.
Jerry Brown knows what's at stake... California could have more than four times the recoverable shale oil than the Bakken in North Dakota. It has more than 4.5 times the reserves of the Eagle Ford Formation in Texas. And it has nearly ten times the shale oil reserves in the Avalon and Bone Springs Formation in New Mexico and Texas.
According to the same EIA report:
The largest shale oil formation is the Monterey/Santos play in southern California, which is estimated to hold 15.4 billion barrels or 64 percent of the total shale oil resources shown in Table 1. The Monterey shale play is the primary source rock for the conventional oil reservoirs found in the Santa Maria and San Joaquin Basins in southern California.The next largest shale oil plays are the Bakken and Eagle Ford, which are assessed to hold approximately 3.6 billion barrels and 3.4 billion barrels of oil, respectively.
In other words, the oil was cooked and created in the Monterey Shale.
Over time, the oil migrated into surrounding oil reservoirs, where it's been drilled for a century.
Take a look:
For the past 100 years, California has been a major oil producer, and most of that oil was produced by the Monterey Shale.
Now oil companies are going to the source...
The results could be an absolute bonanza.
I say “could” because California doesn’t have the same friendly business environment as Texas and North Dakota... but we’ll see.
WHY CALIFORNIA WONT DRILL ??? THE LEADERS OF THE ENVIRONMENTALIST MOVEMENTS (ALSO KNOWN AS USEFUL IDIOT MOVEMENTS) ARE BOUGHT AND PAID FOR BY Oil Exporting Countries and THE SAUDI MONARCHY!!
Obama too is bought and paid for by Saudi Arabia and other Oil Exporting Countries and will work to keep the cost of Oil high!
EXAMPLE:
Matt Damon’s Anti-Fracking Movie Financed by Oil-Rich Arab Nation
A new film starring Matt Damon presents American oil and natural gas producers as money-grubbing villains purportedly poisoning rural American towns. It is therefore of particular note that it is financed in part by the royal family of the oil-rich United Arab Emirates.
The creators of Promised Land have gone to absurd lengths to vilify oil and gas companies, as Scribe’s Michael Sandoval noted Wednesday. Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing – a technique for extracting oil and gas from shale formations – Promised Land’s script has been altered to make doom-saying environmentalists the tools of oil companies attempting to discredit legitimate “fracking” concerns.
While left-leaning Hollywood often targets supposed environmental evildoers, Promised Land was also produced “in association with” Image Media Abu Dhabi, a subsidiary of Abu Dhabi Media, according to the preview’s list of credits. A spokesperson with DDA Public Relations, which runs PR for Participant Media, the company that developed the film fund backing Promised Land, confirmed that AD Media is a financier. The company is wholly owned by the government of the UAE.
http://blog.heritage.org/2012/09/28/matt-damons-anti-fracking-movie-financed-by-oil-rich-arab-nation/
FOLLOW THE MONEY.. AS IT FLEES YOUR WALLET
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