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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: Haim R. Branisteanu who wrote (36167)	6/27/2008 11:12:33 AM
From: elmatador	Read Replies (1) of 217573

oil lean years (1999) forced drillers to come out with cheaper ways to lift oil. Today drillers benefit. Lower-lifting costs can help ensure survival World Oil, April, 1999 by J. John Grow E-mail Print Link With the recent "oil glut" (real or not), and Wall Street's "paper-traders" low oil prices reflecting 1999's gloomy oil-patch business, survival relies on technology and good old "know-how" to make-a-buck these days. Service companies, inventors and all O&G concerns are constantly searching for better, more efficient ways to lift oil and gas to the surface and ensure a presence (survival), during the best and worst of times. Following are some examples of how technology is trying to cope with tough times in both deep water and on land. Source for below: wtrg.com

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