Oil is booming in most areas from exploration / production / pipeline up to the refinery.
Natural Gas drilling is way down, but the pipeline and Natural Gas treatment plants are still trying to catch up and work is good in those areas.
Natural Gas production did not rise last year and the total production fell going into 2013.
****Natural Gas drilling is way down, ****
There is a glut of Nat gas on the market. The price is very low, so no need to drill till the price rises.
Great news, but I find it curious...
Why couldn’t this have happened when GWB was in office? The Bush family is in oil and are from Texas if I remember correctly. And W spoke of energy independence at one time as well.
By contrast, Obama supposedly hates anything but green energy (and hates anything good for America for that matter), but oil is bigger than ever in places like Texas and North Dakota.
What am I missing?
Things are honestly starting to go crazy in west Texas. When I started getting offers in the mail almost daily to buy my mineral rights for massive amounts of money I KNEW something was up.
So I took a road trip out to west Texas 2 weeks ago... and MAN is something certainly up!!
North of Ozona .... Is like a bee hive of activity!! It looked to me like they were building the infrastructure necessary for massive amounts of oil and gas to be efficiently moved via pipelines out of the area. And just South East of Pecos new wells are being actively drilled left and right...
Something BIG is going down.
Here we have a regime bent on impoverishing the United States, and along comes an oil and gas boom that can keep our economy going and revitalize it.
God does indeed work in mysterious ways.
My sisters and I got a notice that a geological survey for gas and oil will be done on our land in Lee county soon. Hoping for good news.