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You wouldn't know it dried up around here in west texas. There are drillings rigs everywhere . Problem , running out of water in ground to drill the well. From what i hear there is a four year wait list to drill because of backlog. Not enough rigs to meet demand or workers to run them .
12 years ago. Rating: 7 | |
News Flash ! Gas is going up ! According to tonights national news. 2-20-12
Info source #1, Our American drilled oil supply is down from 9 mil bbl/day to 6 mil bbl/d. in just a couple of years.
Info source #2, The government claims our imports and dependance on foreign oil has gone down over the last 2 years.
Both sources of info would indicate the supply and demand quotent would increase the cost.
12 years ago. Rating: 7 | |
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