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To: STARWISE; PSYCHO-FREEP
Also, please keep in mind that there are an estimated 240,000 capped oil and gas wells in the US (some believe that number is higher). Because of the improvements in technology going after the shale oil, those capped wells have lots of potential left.

Unfortunately greenie-weenies have financial backing from somewhere to have stopped the reopening of those wells.

Most of these lower producing conventional oil wells were capped back in the 90's when oil dipped to $17 / barrel.

The goobermint doesn't want the US to reopen these wells that in the lowest producing wells only have to pump 10 barrels a day to be profitable at $110/barrel.

This is a story the LSM isn't airing.

39 posted on 07/06/2008 9:37:25 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt

Amazing, I would love to hear the excuses for all that!! We need to keep getting the word out and sooner or later the rats will fold! They always do!


40 posted on 07/06/2008 9:45:31 AM PDT by rodguy911 (Support The New media, Ticket the Drive-bys, --America-The land of the Free because of the Brave-)
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