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<blockquote data-quote="Varmint Hunter" data-source="post: 211324" data-attributes="member: 313"><p>Why don't they drill just once and do it in the right place? Vast reserves of US oil are in KNOWN locations and could probably supply 100% of the US oil needs for the next 100 years. Long before the oil is exhausted we "should" have this energy crisis well behind us.</p><p></p><p>At the rate we're going now the mid-eastern, oil exporting countries will have purchased so much American real estate (with our money) that we'll all be saluting their flag right here in the states. </p><p></p><p>OPEC could raise the price of crude to $500 a barrel and Americans would still resist drilling in Alaska and off the Pacific coast, refining oil domestically, building wind mills where they had to see them or going nuclear until we had a better solution at hand.This country will never wake up.</p><p></p><p></p><p>QUOTE=Coyboy;211319]Sorry but it may be wasted effort. Right now north western North Dakota looks like swisss cheese from all the holes the drill rigs have put in, started about 3 years ago and every year more rigs are set up. I have coyote hunted in 4 counties every year for the last 6 years and the amount of activity is remarkable. I've seen the same in Wyoming. A friend who sells drill equipment in ND says the white coats predict there is an 80 year supply for the entire country under ND.</p><p></p><p>Maning all the drill rigs is expensive, building new rigs and pumps is expensive, a newbie on a drill rig starts at $25 an hour. Independent welders are making upwards of $100 an hour on maintenance and rig erections. Support salesmen who service the rigs with drill bits and other fittings, make a killing.</p><p></p><p>All this expense is passed on to the consumer, You are the ones paying for all the drilling, equipment, testing and manpower. It isn't like drilling a water well, one well may take over two months just to drill. With a sortage of manpower, how are they ever going to drill more holes faster without increasing expenses which will be passed on at the pump.</p><p></p><p>The national news recently had a report that said last month consumer consumption of gasoline was down 5% for the month. Did gas prices drop? No they went up.</p><p></p><p>Drill all the wells you want, It's not a short term solution, and a marginal long term solution. The oil Co have increasing expenses, but mostly just enjoy taking joe public for a ride.</p></blockquote><p>[/QUOTE]</p>
[QUOTE="Varmint Hunter, post: 211324, member: 313"] Why don't they drill just once and do it in the right place? Vast reserves of US oil are in KNOWN locations and could probably supply 100% of the US oil needs for the next 100 years. Long before the oil is exhausted we "should" have this energy crisis well behind us. At the rate we're going now the mid-eastern, oil exporting countries will have purchased so much American real estate (with our money) that we'll all be saluting their flag right here in the states. OPEC could raise the price of crude to $500 a barrel and Americans would still resist drilling in Alaska and off the Pacific coast, refining oil domestically, building wind mills where they had to see them or going nuclear until we had a better solution at hand.This country will never wake up. QUOTE=Coyboy;211319]Sorry but it may be wasted effort. Right now north western North Dakota looks like swisss cheese from all the holes the drill rigs have put in, started about 3 years ago and every year more rigs are set up. I have coyote hunted in 4 counties every year for the last 6 years and the amount of activity is remarkable. I've seen the same in Wyoming. A friend who sells drill equipment in ND says the white coats predict there is an 80 year supply for the entire country under ND. Maning all the drill rigs is expensive, building new rigs and pumps is expensive, a newbie on a drill rig starts at $25 an hour. Independent welders are making upwards of $100 an hour on maintenance and rig erections. Support salesmen who service the rigs with drill bits and other fittings, make a killing. All this expense is passed on to the consumer, You are the ones paying for all the drilling, equipment, testing and manpower. It isn't like drilling a water well, one well may take over two months just to drill. With a sortage of manpower, how are they ever going to drill more holes faster without increasing expenses which will be passed on at the pump. The national news recently had a report that said last month consumer consumption of gasoline was down 5% for the month. Did gas prices drop? No they went up. Drill all the wells you want, It's not a short term solution, and a marginal long term solution. The oil Co have increasing expenses, but mostly just enjoy taking joe public for a ride.[/QUOTE] [/QUOTE]
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