To: TLI
Order the uncapping of existing wells that were capped 20 - 30 years ago that were pumping just fine back then, it only takes a few weeks to get them back into production. If a general directive to uncap the existing wells were to come from the White House today, prices would start to fall by Tuesday. That makes no sense whatsoever. Old wells get uncapped all the time if they are economically viable. Why would you have the president order unprofitable wells be uncapped? Would you have him order other businesses to engage in unprofitable production?
5 posted on
07/06/2008 12:28:27 PM PDT by
Ron Jeremy
(sonic)
To: Ron Jeremy
That makes no sense whatsoever. Old wells get uncapped all the time if they are economically viable. Why would you have the president order unprofitable wells be uncapped? You don't have to order people to make a profit. I have confidence that at $140 per barrel somebodys going to smell the coffee.
9 posted on
07/06/2008 12:44:41 PM PDT by
Donald Rumsfeld Fan
("Sincerity is everything. If you can fake that, youÂ’ve got it made." Groucho Marx)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson