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Politics : Politics of Energy
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To: J_F_Shepard who wrote (1347)8/8/2008 3:50:22 PM
From: TimF  Read Replies (1) of 86355
 
Your quote doesn't do anything to refute the idea.

It points out the typical case, not the minimum. Obviously new start from scratch, leasing, permitting, exploration, rig building, drilling and pumping, is going to take a lot more than a year. But in some cases most of the work (at least measured in time the work takes) has already been done.
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