SlicerMan
Hot Rolled
- Joined
- Jan 2, 2007
- Location
- New Hampshire USA
Here is some info about a few recent oil & gas discoveries.
All the hype oubout oil price and supply reminds me of 1980 when I worked in the oil field.
The price was going crazy and people were talking $100/bbl oil.
Then the price crashed and it has taken 28 years to get to this high.
New technology. New discoveries. Conservation.
I bet it will come back down to earth.
What do you think ?
Utah Oil discovery.
http://www.geotimes.org/mar07/article.html?id=feature_utah.html
North Dakota Oil discovery.
http://www.usgs.gov/newsroom/article.asp?ID=1911
Gulf of Mexico Oil Discovery.
http://www.washingtonpost.com/wp-dyn/content/article/2006/09/05/AR2006090500275.html
Brazil Oil Discoveries.
http://yorkdispatch.inyork.com/ci_8932960
http://www.rigzone.com/news/article.asp?a_id=56441
SM
All the hype oubout oil price and supply reminds me of 1980 when I worked in the oil field.
The price was going crazy and people were talking $100/bbl oil.
Then the price crashed and it has taken 28 years to get to this high.
New technology. New discoveries. Conservation.
I bet it will come back down to earth.
What do you think ?
Utah Oil discovery.
http://www.geotimes.org/mar07/article.html?id=feature_utah.html
North Dakota Oil discovery.
http://www.usgs.gov/newsroom/article.asp?ID=1911
Gulf of Mexico Oil Discovery.
http://www.washingtonpost.com/wp-dyn/content/article/2006/09/05/AR2006090500275.html
Brazil Oil Discoveries.
http://yorkdispatch.inyork.com/ci_8932960
http://www.rigzone.com/news/article.asp?a_id=56441
SM
