Don’t mind them, Psycho. They cannot help themselves.
I was born into the oil industry nearly 60 years ago and have seen lots and lots of booms and busts. I used to feel sorry for the typical American consumer when prices got out of hand. Now I don’t care, because the American people, thru elections, has had since 1973/74 in order to get control of their own energy future. Failing to do that, they must pay the price now. And they will continue to have to pay until they wise up.
Son is DD here in TX.
Don’t mind Biff, You dinosaurs think cause you knew the business 20 years ago you are still experts. The world has changed. Try to keep up instead of arrogantly demanding, like Phsyco did on this thread, that the rest of us ignore all factual reality just so you Whineocons can feverishly cling to your narrow emotion based political dogmas and fundementel doom and gloom ignorance.
Another piece of factual data that shows you and Phsyco either wholly ignorant or frauds.
http://www.nytimes.com/2007/03/05/business/05oil1.html
Thanks good FRiend,
I am a DD consultant and like I said before, we go primarily on a day to day basis. Projections and estimates mean absolutely nothing to us. The actual facts are what we deal with.
We don’t land a drill string based on estimates, we land it by hands-on tenacity and paying strict detail to realistic conditions. And they vary greatly by the second.
It just gets more and more expensive with every new method we develop. That seems to be the only constant.