Posted 2/5/2010 12:24 (#1059325 - in reply to #1056703) Subject: Re: Oil prices - Next 2 yrs
tx panhandle
If windfall profits tax is implemented and oil is 150 there will not even be a big push in domestic production. Situation will not be remedied fast at all. Technology in siesmic, recovery, drilling and engineering has improved vastly in past 5yrs. and we could make a dent in supply domestically for a quick fix.