The thing is, the small guys, when they back off, get gobbled up by the bigger ones in the region, because of those millions in profit. Then the bigger ones get even bigger. Why put money in a bank and get less than half a percent of interest, when you could invest in real assets that have gained over 1000% in just the time between 2005 and 2015? That is not an exaggeration. I'm living it.
I just wish my ship would come in. I saw a local guy the other day who was having his driveway paved. The same guy, 10 years ago was breaking field rocks to fill the potholes on that very same driveway... something to think about.
OPEC is pushing this low on purpose to try to stop these U.S. drillers, but what they aren't taking into account is that the need for oil is not going to get any smaller. It is only going to get bigger and bigger. History can back me on that.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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