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Politics : Peak Oil reality or Myth, of an out of Control System
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From: dvdw©1/18/2014 3:59:04 PM
of 1580
 
Another Bingo Moment....From Bruce's Million Dollar Way.....where the hits just keep on coming.
Steve sent me this incredible story: ATT and Verizon capitalizing on the Bakken.
Bloomberg reported that Verizon, which has extensive DFW operations, has hit the oil patch in the northern United States where it has installed 17 new cellular towers in North Dakota and eastern Montana. There aren't many humans in the area, but there are plenty of machines involved in oil exploration and production, and that's where Verizon hopes it can drill into new profits. "It's amazing, when you look around here and see the massive amounts of equipment," Mark Bartolomeo, a vice president at Verizon Communications (NYSE: VZ) told Bloomberg. Bartolomeo said the company is pitching its LTE wireless coverage in North Dakota and eastern Montana as a network for oil companies' Web-capable smart sensors and pumps.Yes, the operators can control their North Dakota pumps from their headquarters in Oklahoma and Texas. At least that's what I've been told.
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