My dad was drilling oil in west Texas back when they had to drill to
know for sure that it was down there. They were capping off 90% of
what they found then and since they can know where it is with
technology they're just sitting on it.
I think if they took all the oil out of Texas, Houston would be under
water.

peace & Love

On Jun 23, 6:49 pm, Slip Disc <[email protected]> wrote:
> I think I remember reading about a strategy to hold onto as much black
> gold as possible in order to allow sufficient time for others to run
> out, and sooner or later they will, so that we could have the leading
> edge in the oil supply.  It would be something to finally have opec at
> our mercy for a change, that is if the strategy is feasible.
>
> On Jun 23, 2:37 pm, ornamentalmind <[email protected]> wrote:
>
> > We have had differing discussions on black tea over the years, I just
> > ran across these two apparently different interpretations of onshore
> > oil in the mid-USA.
> > So, what do you think?
>
> >http://www.usgs.gov/newsroom/article.asp?ID=1911
>
> >http://www.theoildrum.com/node/3868
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