Do you folks have any idea what the oil companies spend on
exploration and drilling what are often dry holes?? One rig in the
fields in Wyoming is likely to be dry and costs nearly a million
dollars a day to drill. Do they get greedy, yep, do they put a lot of
it back into the ground?? yep, Did Halicheney steal from the
taxpayer?? yep.
Part of what they get they put back into the ground.
Larry
On Apr 6, 2007, at 7:44 PM, b-evans@earthlink.net wrote:
>> Guy R Day wrote: ..."let's face it, if China and other Far Eastern
>> countries are willing to pay they have just as much right as us
>> 'older' buyers have to bid for it.
>
> Guy, PLEASE say it again!!!! I get tired of telling my friends
> that the
> cost of gas/petrol is rising because we are now competing with
> China and
> India. Simplistically, most people here, I think, simply want to
> blame
> the big oil companies. On top of that, they don't realizewe have
> cheap
> gas, or that the Brits pay so much more that we do. Right now, in
> Anaheim, it is running abiout $3.11 a gallon. I will leave that to
> smarter heads who know the current cost of a litre of petrol to
> figure
> out how much American it would be per litre with #1 now running
> at $1.97.
>
> Buster Evans
>
>
--
Larry B. Macy, Ph.D.
macy@bbl.med.upenn.edu
Senior IT Program Director
Neuropsychiatry Section
Department of Psychiatry
University of Pennsylvania
3400 Spruce St. - 10 Gates
Philadelphia, PA 19104
Ask a question and you're a fool for three minutes; do not ask a
question and you're a fool for the rest of your life.
--
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