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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Douglas V. Fant who wrote (71789)8/28/2000 9:09:16 AM
From: Think4Yourself   of 95453
 
Doesn't the cycle feed on itself? All those new wells just to keep up with new power requirements are depleting just like the old ones, right? Doesn't that mean a lot more wells have to be drilled in the future just to maintain the current level? Doesn't it also imply a much higher level of maintenance/servicing is needed?

This should get REAL interesting next summer when there are many more NG turbines online.
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