I see the whole oil thing as both a lie and a truth. I worked in the Oil Fields in last 1960's. In mid 1970's I worked a while for California Edison Plant in Bullhead City. During shut-down the waste money like Bush does tripping around. I told them how to save money, they told me to shut-up. Thye said they had to spend (waste) the money so they could put in for higher rates. The second time I shown them away, I got fired.
During the gas shortage in the mid 1970's, I worked on CB Radios in Vegas. A man how sold new radios also drove a Tanker. He would bring me those Tanker Driver's Radios to fix or peek-out. While we were standing in line for $2.00 worth of gas, it was being dumped out in the sand-lands because all those storage tanks at the Base were full.
This man told me they would load in LA, then a security person would place a big padlock on the tanker. When they could in Nevada, they would be lead out into the sand-lands, it was unlocked and dumped. They would then head back to LA for another load.
A friend of mine was ahead of Nevada it shortly after that when Vegas started cutting back on power (light-brownouts) with out being noticed. I had sold a friend some things which blew one day and he was a little up-set with me. I went to his home and found his CB Base Station was blown, as as his son's stero among other items. I declared it was a power-surge which took things down.
It eneded up a number of people called me with the same problems. So my friend called Nevada Power and told them, they said he was crazy unti he told them he was going to sue. This cause them to send or 4 big shots out to his Home and check things out. Again they said there wasn't a power-surge problem, but there was. I called my friend's mother who ran Nevada Power because she had sonething to fry also. So she had her son to call me about the problem, and after I got explaining what had happened, he told me they were having brown-outs and what I had told him made sense. So some people got paid for what they lost or had fried. This brought on the power surge protecting devices quick.
When Calafornia played the shortage game to raise rates, I told a number of people what games were played at the Edison Plant. Many raised cane, and it seemed they found enough power and did not have to raise rates.
Now when I went back to Okla. in Dec. of 1979, the oil field business was booming, then it went to pot because cude prices were way down and there was that Wind Fall Tax thing. So up until a few years ago, they were cementing up 10 to 15 thousand Oil Wells a year that did not put over 100 drums aday, because it was not profitable. Today a 10 drum well is a good one on the market. They say many if not most of those cemented up wells have refilled themselves by now, and could be redrilled, but wild catters can't get the drilling rigs to go after them. There is a 2 years plus waiting list for new drilling rigs, I'm told.
I have oil in two short wells in which one was core-drilled for Zinc and they hit oil. I had a water well drilling rig come in some years back to drill for water. On one well they hit salt-water at 85 feet. Thye moved about 300 feet and hit high-grade oil at 153 feet and stopped drilling at 250. You can dip out oil at about 18 inches fron the top of the core pipe, light and burn it. Here in Tennessee it's said you have to go down to around 2,300 feet to strike oil. Though Tennessee as lots of gas and yet it is piped here from Texas, we well never have those big Texas, Okla, and Kans. wells where the gas brings it up. Mine just sets idle and I guess it will forever, or until someone can get a rig or I sell the place.
The point I'm getting at is the US has LOTS of oil, but it seems the plan was to save ours and used-up the rest of the World's supply first, that has back fired on us. But according to what was said when I was watching a PBS or one of those type of programs a couple years or so back. One of the Major Oil Companies said, "we are taking oil out of the ground 5 times fast than ever before with our new ways of drilling.
Slashdot Mirror
I see the whole oil thing as both a lie and a truth. I worked in the Oil Fields in last 1960's. In mid 1970's I worked a while for California Edison Plant in Bullhead City. During shut-down the waste money like Bush does tripping around. I told them how to save money, they told me to shut-up. Thye said they had to spend (waste) the money so they could put in for higher rates. The second time I shown them away, I got fired. During the gas shortage in the mid 1970's, I worked on CB Radios in Vegas. A man how sold new radios also drove a Tanker. He would bring me those Tanker Driver's Radios to fix or peek-out. While we were standing in line for $2.00 worth of gas, it was being dumped out in the sand-lands because all those storage tanks at the Base were full. This man told me they would load in LA, then a security person would place a big padlock on the tanker. When they could in Nevada, they would be lead out into the sand-lands, it was unlocked and dumped. They would then head back to LA for another load. A friend of mine was ahead of Nevada it shortly after that when Vegas started cutting back on power (light-brownouts) with out being noticed. I had sold a friend some things which blew one day and he was a little up-set with me. I went to his home and found his CB Base Station was blown, as as his son's stero among other items. I declared it was a power-surge which took things down. It eneded up a number of people called me with the same problems. So my friend called Nevada Power and told them, they said he was crazy unti he told them he was going to sue. This cause them to send or 4 big shots out to his Home and check things out. Again they said there wasn't a power-surge problem, but there was. I called my friend's mother who ran Nevada Power because she had sonething to fry also. So she had her son to call me about the problem, and after I got explaining what had happened, he told me they were having brown-outs and what I had told him made sense. So some people got paid for what they lost or had fried. This brought on the power surge protecting devices quick. When Calafornia played the shortage game to raise rates, I told a number of people what games were played at the Edison Plant. Many raised cane, and it seemed they found enough power and did not have to raise rates. Now when I went back to Okla. in Dec. of 1979, the oil field business was booming, then it went to pot because cude prices were way down and there was that Wind Fall Tax thing. So up until a few years ago, they were cementing up 10 to 15 thousand Oil Wells a year that did not put over 100 drums aday, because it was not profitable. Today a 10 drum well is a good one on the market. They say many if not most of those cemented up wells have refilled themselves by now, and could be redrilled, but wild catters can't get the drilling rigs to go after them. There is a 2 years plus waiting list for new drilling rigs, I'm told. I have oil in two short wells in which one was core-drilled for Zinc and they hit oil. I had a water well drilling rig come in some years back to drill for water. On one well they hit salt-water at 85 feet. Thye moved about 300 feet and hit high-grade oil at 153 feet and stopped drilling at 250. You can dip out oil at about 18 inches fron the top of the core pipe, light and burn it. Here in Tennessee it's said you have to go down to around 2,300 feet to strike oil. Though Tennessee as lots of gas and yet it is piped here from Texas, we well never have those big Texas, Okla, and Kans. wells where the gas brings it up. Mine just sets idle and I guess it will forever, or until someone can get a rig or I sell the place. The point I'm getting at is the US has LOTS of oil, but it seems the plan was to save ours and used-up the rest of the World's supply first, that has back fired on us. But according to what was said when I was watching a PBS or one of those type of programs a couple years or so back. One of the Major Oil Companies said, "we are taking oil out of the ground 5 times fast than ever before with our new ways of drilling.