Posted on 04/04/2013 8:08:47 AM PDT by stuartcr
I’ve spent a couple decades in the oil/gas/petrochem industry. At least half that has been pipeline related.
In my experience, the problem is not the money spent at the start, it is the money spent in the decades that follow that most often lead to failures. Not always, but most often.
Another source of info is:
http://www.cityofmayflower.com/
Either way, it points towards $$...that no one wants to spend until it’s too late.
Great comment about Buffett.
He’s got the MSM “free pass”
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