Joined
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3,469 Posts
and came across this peak oil.com site, and stayed quite awhile, alot of different links/threads
if the 'glass half empty' crowd is right, then gunkid would not be that far off the mark in his rants!
i know when crude oil was $11-$12 a barrel, it was costing $1500/month per oilwell lease to operate/maintain, i think my dad had 9 or 11 wells at one time! and he would joke that my mothers oilwells was going to put him in the poorhouse.
when it was in the $15-$16per barrel price range, he would say that my mothers and his wells were breaking even, no profit no loss.
when it was in the $18-$20 per barrel price range, he would say that his oilwells were doing quite nicely, thank you! ha! go figure!
america has had it's domestic production squeezed off from the inside as well as abroad on perpuse[sp] IMNSHO!
although, i can't think of a better place on the planet, than the middle east to have the U.S.A BOOT PRINT stamped firmly/permanetly on!
any one have a view?
should this be moved to the general B.S.forum?
thanks.
if the 'glass half empty' crowd is right, then gunkid would not be that far off the mark in his rants!
i know when crude oil was $11-$12 a barrel, it was costing $1500/month per oilwell lease to operate/maintain, i think my dad had 9 or 11 wells at one time! and he would joke that my mothers oilwells was going to put him in the poorhouse.
when it was in the $15-$16per barrel price range, he would say that my mothers and his wells were breaking even, no profit no loss.
when it was in the $18-$20 per barrel price range, he would say that his oilwells were doing quite nicely, thank you! ha! go figure!
america has had it's domestic production squeezed off from the inside as well as abroad on perpuse[sp] IMNSHO!
although, i can't think of a better place on the planet, than the middle east to have the U.S.A BOOT PRINT stamped firmly/permanetly on!
any one have a view?
should this be moved to the general B.S.forum?
thanks.