To: eastforker
Let me put it in simple terms for you, when imported oil was cheap, drilling in this country was almost zilch.
No, the real reason we don't drill for oil is the envio-nuts in the EPA and Congress won't let us.
The price arguement is just propaganda.
To: Paul C. Jesup
No, like I said every drilling rig in this country is working, pipe movements is at an all time high. If you do not believe me google the nation current rig count. Being involved in the oil industry in the past I keep up with these things. Think what would happen to the price of oil and the supply of it if all imports was cut off. It would be a catastrophe. For one there are not enough rigs available to drill and even if we did there wouldn't be enough pipe because we have depended on imports for our supply. We can never let our domestic food supply diminish to the point that we could be in peril.
34 posted on
06/01/2005 8:44:11 AM PDT by
eastforker
(Under Cover FReeper going dark(too much 24))
To: Paul C. Jesup
FYI
HoustonChronicle.com
Pick a section Home Page Business Classifieds Columnists Comics Community Directory Entertainment Features Health Help Inside Story Marketplace Metropolitan Page 1 News Search Archives Site Map Space Sports Travel Weather
Section: Energy
Section: Business
Current stories in Business:
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Andersen document shredding conviction overturned
Steffy: It might be useful to remember reasons behind original verdict
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Insurer restates results
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Federal pension rules criticized
Moneymakers: Marc Morial
DIGEST
AROUND THE REGION
AROUND THE NATION
AROUND THE WORLD
Printer-friendly format
E-mail this story
May 28, 2005, 9:04PM
Rig Count
Rigs drilling 5/27 5/20 Year ago
Texas 599 591 501
Alaska 9 8 8
California 23 27 21
Kansas 6 6 6
Louisiana 181 177 160
New Mexico 81 83 66
Oklahoma 151 149 163
Wyoming 71 71 72
U.S. total 1,331 1,315 1,169
Canada 271 267 195
Source: Baker Hughes
U.S. Gas 1,111 1,124 985
U.S. Horizontal 159 163 116
Source: Smith International
Rigs under contract
U.S. Gulf 131 131 116
Rigs under contract
Source: ODS-Petrodata
36 posted on
06/01/2005 8:51:35 AM PDT by
eastforker
(Under Cover FReeper going dark(too much 24))
To: Paul C. Jesup
FYI
HoustonChronicle.com
Pick a section Home Page Business Classifieds Columnists Comics Community Directory Entertainment Features Health Help Inside Story Marketplace Metropolitan Page 1 News Search Archives Site Map Space Sports Travel Weather
Section: Energy
Section: Business
Current stories in Business:
Overturned Andersen verdict too late, but still ...
Andersen document shredding conviction overturned
Steffy: It might be useful to remember reasons behind original verdict
Enron Internet judge asked to throw out charges
Insurance rates may drop for 1 of 6 homeowners
Government investigates stalling by Prius engines
Texans can get free credit reports starting today
Online shoppers clueless about 'customized pricing'
CAFTA passage is a top presidential goal
Analyst says profit likely at Continental Airlines
Amendment might limit realty discount
Crane safety repeal slipped into homeland security bill
Former Russian oil tycoon receives 9 years
Biotech losses reach $45 billion
Eat your way to success by learning manners
Insurer restates results
United deal with union heads off a showdown
Ford gallops to horses' rescue
Rates on college loans set for record increase July 1
Federal pension rules criticized
Moneymakers: Marc Morial
DIGEST
AROUND THE REGION
AROUND THE NATION
AROUND THE WORLD
Printer-friendly format
E-mail this story
May 28, 2005, 9:04PM
Rig Count
Rigs drilling 5/27 5/20 Year ago
Texas 599 591 501
Alaska 9 8 8
California 23 27 21
Kansas 6 6 6
Louisiana 181 177 160
New Mexico 81 83 66
Oklahoma 151 149 163
Wyoming 71 71 72
U.S. total 1,331 1,315 1,169
Canada 271 267 195
Source: Baker Hughes
U.S. Gas 1,111 1,124 985
U.S. Horizontal 159 163 116
Source: Smith International
Rigs under contract
U.S. Gulf 131 131 116
Rigs under contract
Source: ODS-Petrodata
37 posted on
06/01/2005 8:52:52 AM PDT by
eastforker
(Under Cover FReeper going dark(too much 24))
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