I talked to my friend up in North Dakota in the Williston Basin. They are at it up there again.
They are in the biggest boom up there yet. A converted one-bedroom basement apartment will rent for $800 a month. Oil companies are up there in mass, roughnecks everywhere and they are drilling like crazy. Rigs running all over the place (They do this up there every few years when crude hits a certain price).
This HUGE oil pool was discovered in 1951 and is reportedly the largest in the world. Easy, accessable oil.
Now, here is the good part: They are CAPPING the wells, just like they have always done up in that area and bringing sand slurry in across from Canada in the pipelines.
While at the same time, a trucker sitting at a truck stop overhead of this in-ground-oil is paying $1200 to fill his tanks with Texas refined Saudi oil.
There is no “shortage”, never was. If we would all just simply STOP buying, that crude price and everything else along with it would fall like a rock within 30 days.
Just like it did in the seventies.
But, maybe the easier way would be for us to put a hi-yeller and his baboon-bred wife in the white house. Things will be okay then. I know ‘cause he said so.
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Today's Featured Article - Hydraulic Basics - Part 2 - by Curtis Von Fange. In the last entry to this series we gave a brief overview of hydraulic system theory, its basic components and how it works. Now lets take a look at some general maintenance tips that will keep our system operating to its fullest potential. The two biggest enemies to a hydraulic system are dirt and water. Dirt can score the insides of cylinders, spool valves and pumps. Wate
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