[thackney]

I am saying we should think of ourselves and the countries future first and use what assests we have prudently.

I do not understand why you think a mineral owners assets are yours to determine what to do with?

So, do you fit into the typical baby boomer attitude of “screw it, I’ll save money for retirement tomorrow?” Or are you gonna save today for tomorrow?

You are making a false comparison. I want the jobs and the supply that come from a market that can handle booms with more than a bust in prices, destroying the supply for years to come.

I saw what the effect of the West Coast Oil Glut was in the 80s. When the price for Alaskan oil coming down to the West Coast was $3 a barrel, that market died. They didn't shut down the pipeline but they sure as heck quit investing in any more production for a long time.

Alaska North Slope First Purchase Price
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=F005071__3&f=M

Maybe you are unaware of how the Natural Gas Drilling has already greatly tapered off.

Maybe you are hopeful the associated gas from oil production will magically meet the supply. But the reality is that is a relatively small supply.

Now drilling in the shale gas fields has been very productive.

But these are not the traditional wells of old that flow near initial rates for decades. They fall fast.

We are not going to stay significantly below the market value less the cost of transportation. That thought is foolish. Investors will not continue to invest in US Gas production. It is why we have already had such a large move away from Natural Gas drilling.

[biff]

DAMMIT THACKNEY, I AM TIRED OF YOU PUTTING WORDS IN MY MOUTH!!!

You own it you can do what you damn well please with it.

I am just saying the oil industry and this country is stupid, always has been when it comes to it and this countries future. They have never been and will always be that way.

Yes of course rig counts for gas is down. What do you expect with and excess? An increase?

The oil business is just like that commercial, “I want it now.”

You got a plan, lets hear it or did you co-star in Tremors?