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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (36383)7/27/2005 4:17:37 PM
From: SlagleRead Replies (1) of 306849
 
Grace Re: "Oil" There are some 600,000 working wells in the USA; there are closer to 6,000 in Saudi. You seem to be saying that if we spent a vast uneconomic amount on oil production infrastructure in the USA we could produce vastly more oil, that it was just an "economic" decision to produce the oil elsewhere rather than in our own country. Well, that may not be the case, even if we drilled 600,000 new wells here. You can't get blood from a turnip.
Slagle
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