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To: mysterio

You also know that to get prices down you do not have to duplicate the supply just increase it to the marginal demand level. Bakken is enough to send oil way back down. We do need to refine it also right now we import gasoline. It is completely nuts.

And Bakken is just part of it. There are massive deposits in the Everglades. Everybody says, “oh no we will destroy it.” But they are nuts it only takes a relatively few platforms in small areas to get at it and the glades are huge. There is a giant unused airport out there and some drilling already. But given the vastness few know it. Look on google earth.


98 posted on 04/30/2008 9:33:59 PM PDT by Sunnyflorida (Drill in the Gulf of Mexico/Anwar & we can join OPEC!!! || Write in Thomas Sowell for President.)
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To: Sunnyflorida
But if we are anywhere near 3 billion barrels in the Bakken, it's not going to do much good. It would have to be a much larger recoverable figure.

They say the best cure for high prices is high prices. I am hopeful that the market will produce an alternative to compete with fungible oil.
101 posted on 04/30/2008 9:41:41 PM PDT by mysterio
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