stock tickers CLR and KOG
Remember how the Libs used to rail at GW and Sarah Palin about drilling permits, and that it took years to get the oil out of the ground when you started. Looks like we can thank them for our current oil boom. Now about our current Dear Leader......
a development that began with investments made before Obama was ever POTUS
it shows just one more example for why EVERYONE on every side of the aisle to stop attributing EVERYTHING occuring simply at a time when a particular POTUS is in office as anything automatically attributed to them - sometimes they are, but quite often they are not
It goes right along wiht the least drop in oil & gas prices due to the biggest oil boom ever!
Thanks government and EPA! You are so good at looking out for the working man!
AND.................... they havnt even TOUCHED the oil sands and shale yet.. in Wyoming, Utah and Colorado..
Not to speak of untouched oil deposits on federal land in Alaska..
We’re consuming about a million less barrels of oil per day than we were a few years ago, and our U.S. oil consumption will continue to go down with the economy. Meanwhile, a few folks will continue to make money by selling oil and associated products to countries having millions of new drivers every year and increasing manufacturing.
For those who want to see a 6 minute video showing how horizontal drilling and fracking is done, Northern Gas and Oil has done a great one.
This includes a piece on how groundwater contamination is avoided:
http://www.northernoil.com/drilling-video
Knowledge is power, keep the link and pass it on.