samb

Nationalizing Oil: Well-Intentioned, But Wrong

We need to drill more oil here in the united states !!!!!!!

Nationalizing Oil: Well-Intentioned, But Wrong

It would be nice if the stock market and our income followed along with gas prices,
But the stock market is down and not to many companys are in a position to hand out rasises and gas prices keep going up.

And who,s getting this money. The oil companys say the saudi,s are getting it and the saudi,s are saying the oil companys are getting it. I understand there are production costs and the deeper you drill the more expesive it is, but how does anyone justify a barrel for $200. I worked on a oil rig and we would drill a extra 1000 ft but that would not make it twice as expensive. Someting is wrong here..

Oil Will Peak at $150-200 - Barron's Interview

Who,s getting this money. The oil companys say the saudi,s are getting it and the saudi,s are saying the oil companys are getting it. I understand there are production costs and the deeper you drill the more expesive it is, but how does anyone justify a barrel for $200. I worked on a oil rig and we would drill a extra 1000 ft but that would not make it twice as expensive. Someting is wrong here..