ROCKHARD
Posts: 789
Joined: 10/13/2007 Status: offline
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spoon, here it is,did you readmy post above about who actually profits from big oil,,think it states MIDDLE CLASS, only 1.5 % of stock is owned by oil execs, majority is held by investors for millions of americans thru mutual funds ,pension funds,and ira's,,, yea alot of profit ,but also alot of expenses,,,, they do drill were it is feasible, our engineering dept is always trying to improve on our well drilling products,for deeper wells and hard rock bases where that oil is laying,, not as easy as drop a drill and go, lot of sure investigating before hand, that reason why lot of these leases are just held and not used, at later date ,probably,but technology to get it now,not quit there,,, i dont know how to keep explaining this, only what i know now,is what i comment on, dont want to argue on this spoon, yes every one hurting, but condemning a industry isnt helping either,, need for other forms of energy,yes definately, but gotta do with what we have now,,, when gas was cheap, no concern from nobody,how much money was being made,but now that it hits the pocketbook,its a major crime,,, to bad we didnt hold our free spending govt to those same standards
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WHAT WE HAVE HERE IS A FAILURE TO COMMUNICATE,, SOME MEN YOU JUST CANT REACH
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