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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (603370)	3/12/2011 12:27:52 PM
From: Brumar89	Read Replies (1) of 1573449

The oil rig count is at a record high. This chart shows the oil rig chart through 2005. Its over 800 now. wtrg.com US Gas Rig Count At 13-Month Low, Oil Rig Count Hits Record -Baker Hughes .Article Comments more in Business ».NEW YORK (Dow Jones)--The number of rigs drilling for natural gas in the U.S. was the lowest in 13 months this week, while the oil rig count climbed to its highest level in more than 20 years, Baker Hughes Inc. (BHI) said Friday. online.wsj.com Do you have a reliable estimate that is not a trade journal or oil industry publication.....? Industry sources ARE the reliable sources of information. Its where the DOE gets its information. One of China's government oil companies just paid $1B for a third interest in Chesapeake's Eagle Ford properties. The thing about Bakken's production is its doubling roughly annually. No, I'm not predicting we're going to be free of imports .... just that this drilling will produce results .... that will at least partially offset the Democrats work hampering US domestic production. Most US oil drilling is now being done on private land where its harder for the feds to shut it down. gis.bakerhughesdirect.com The Democratic no-drill energy plan is to produce as little as possible domestically and enrich Saudi Arabia.

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