Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tommaso who wrote (75387)	10/3/2000 9:35:55 AM
From: Telemarker	Read Replies (2) of 95453

<<Most of the oil is gone. There are immense amounts of coal and oil shale.>> And natural gas, I believe. Correct me if I'm wrong. Lest we forget, automobiles run quite well on natgas derivatives, using current proven technology. 400,000+ of them in Argentina. Maybe their speed limits are lower <g>. Does the U.S. still grant income tax credits for conversions? The Anadarko Basin, for example, has 40,000 feet of sediment (possibly deepest in US). Less than half of that depth has been developed. Quite naive of me to hold out hope that much of our nation's wasteful demand could ever come into question here. That, as I see it, is the real trap. I agree with your recently stated opinions on current US energy policy, Tommaso. Yet I believe that more can be done domestically with the drillbit. Regards,

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