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	Name:	Pier Pressure -
	Subject:	Oil
	Date:	12/19/2008 3:00:04 PM

Newer technology in existing oil fields is costly. 17 drilling rigs in Oklahoma stopped drilling and sent their crews home once oil went to below $100 per barrel.

For existing wells there is a break-even mark for pumping.

It's great for the US as a whole, but not for those in the industry. Chaos thoeory in action....

Other messages in this thread:

View Entire Thread

Oil - water_watcher - 12/19/2008 7:40:22 AM

Oil - Talullahhound - 12/19/2008 11:22:02 AM

Oil - water_watcher - 12/19/2008 5:47:03 PM

Oil - Pier Pressure - 12/19/2008 3:00:04 PM

Oil - water_watcher - 12/19/2008 5:44:03 PM

Oil - muddauber - 12/20/2008 6:41:07 AM

Oil - water_watcher - 12/20/2008 11:18:05 AM

Oil - muddauber - 12/20/2008 11:52:51 AM

Imported oil solution - water_watcher - 12/21/2008 7:02:18 AM

Imported oil solution - muddauber - 12/23/2008 3:14:45 PM

Oil/Asphalt - Freshwater Bay Girl - 12/20/2008 2:15:43 PM

Oil/Asphalt - water_watcher - 12/21/2008 6:50:56 AM

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