Re: MAD as h ell

Posted by Jerry W on May 21, 2004 at 08:11:11 from (144.13.106.88):

In Reply to: MAD as h ell posted by Rick on May 21, 2004 at 06:31:19:

I worked in the Louisana and Texas oilfields in the mid 70's and I became totally convinced that we were out of oil then.

7 out of 10 wells came up dry or in existing veins and of the 3 that hit, 2 had too much sulfer to clean up and sell at the current price so they were capped.

The only thing that saved us then was the Alaska hit.

We've had 30 years warning at least and I am as guilty as anyone about doing nothing.

Cannot blame the Arabs - they are only doing what US companies would do in the same situation.

Jerry

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