Re: gas price game

Posted by Howard H. on May 03, 2007 at 13:42:46 from (156.110.78.2):

In Reply to: Re: gas price game posted by midwest redneck on May 03, 2007 at 13:05:49:

I work for a paycheck just like most folks, but anyone that thinks the world is not running out of oil is simply not facing reality.

I don't know any more than anyone else if we'll run out in 10 years or 50, but it IS running out.

I can send you pictures of an oil field next to Dad's farm that was a perfect checkerboard of oil wells 20 years ago, since there was so much oil and gas there. ALL 5 of the huge gas compressor engines have been pulled because the gas production has gone to nothing and the only oil well still active there is the one they kept for salt water disposal to pour waste water back down.

There may be more oil fields to be discovered, but I and anyone out here in the Hugoton gas field (once known as the world's largest) can tell you that the oil fields ARE depleting.

Do you think oil is magically replenishing itself underground or something??

I've never understood the comments that "there is plenty of oil for years to come". What are you basing that statement on?? What possible evidence could you have for that?? Even the best geologists in the field are guessing...

I've watched the water wells get weaker and weaker year after year and some run dry! What makes you think oil wells are any different?? Wishful thinking??

Lambo is right on the mark. I thought exactly the same thing as he did last summer. Whether you consider cross-country trips in Excursions and Hummers or trips to the grocery store in a Suburban or F-350 wasteful or not is your opinion - but there are millions of people out there who still don't mind fueling those guzzlers up weekly!! And you are competing with every one of them at the gas pump because they are still willing to step up to the plate and pay the bill.

Oil companies couldn't charge what they are, if customers weren't willing to pay it.

That is reality.

Howard

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