Drill baby drill - oops it worked

[tinman01]

Originally Posted by Wally Sconce

WOW how uninformed can people be? Once the price of oil falls enough all those new wells will be capped and you will be back to kissing OPEC backside. Cheap oil can become very expensive very fast.

This is a price war , the Saudis against the US and the Saudis have a much lower cost than any US producers.

Come January all those new wells in the US will be capped.

Capped not dry... It's a lot cheaper and faster to pop a cap and start pumping than it is to find a site, secure a lease, secure permits, move a rig in, start drilling and set up a pipe line or pumping station. I don't mind having 500 capped viable wells in reserve.

[TrexDigit]

Originally Posted by Wally Sconce

WOW how uninformed can people be? Once the price of oil falls enough all those new wells will be capped and you will be back to kissing OPEC backside. Cheap oil can become very expensive very fast.

This is a price war , the Saudis against the US and the Saudis have a much lower cost than any US producers.

Come January all those new wells in the US will be capped.

Exactly....

This Saudi shakedown has been well documented.

[Opin_Yunated]

This is ****ing horrible.

This isn't helping climate change at all.

[CoolZombie]

Who in the left said not to drill? Probably another talking point from Limbaugh that Teabaggers believe with no evidence whatsoever. Wish I was a welfare mooching conservative who had time in the middle of the day to listen to his show to see what he really talks about.