Stephen Russell wrote: > On Wed, Sep 24, 2008 at 2:01 PM, Pete Theisen <[EMAIL PROTECTED]> wrote: > >> Granting the first set of facts you mention, your second point could be >> bogus oil company propaganda. They have been saying "there isn't enough" >> periodically ever since there has been a market for oil and then as soon >> as the price goes up there is all kinds of new oil discovered and we are >> awash in it until they want another raise.
> If oil price is < 40 USD / barrel you only go after easy to access oil > or buy it from others. > > When price triples it is now justified to spend the extra USD to get > those barrels today. It is justified to go after oil shale rock and > squeeze the from it if you can do it at 85. USD per barrel. > > So Pete it has always been there. Just a function on how difficult to > get it and at what cost. Hi Stephen! Seems to me the offshore oil that it looks like we will finally drill is just as accessible as the oil they have been using for the last 40 years. Just that the whiny Ds are finally letting it be drilled for. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
