hotforoil

Why "Drill, Baby, Drill!" Does Not Translate Into Effective National Energy Policy

The lack of success for the current drilling is because they can't drill where the untapped fields are. Always the same refrain, it will be "whatever so many years" before it will ba available, so why bother! Todays Drilling technology is miles ahead from ten years ago. Wells are drilled in a quarter of the time required than then and the new enhanced recovery techniques and production proceedures are vastly expanding the amount of hyrocarbons recovered from new field discoveries.

Ostriches!

Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits?

Vikram, you are so far off base that your views are totally irrelivant. You just can't get off the government tit, repeat long debunked fables, etc, etc, etc.......

You can't even understand what carbonates is telling you.

Large oil companies by their nature are the onones capable of searching for and bringing to production major finds.

Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits?

All the hot air produced by the Ostriches on this subject would heat my house for the next year.

I think they have their heads stuck someplace other than in the sand.

Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits?

Krull, you got it nailed!

Cheers!

Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits?

Increase the "TAX", another word for redistribution of wealth, watch the price soar!
Good Luck!