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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: IndioBlues who wrote (47597)	7/9/1999 12:55:00 AM
From: Douglas V. Fant	Respond to of 95453

Indio Blues, Cool. Tonight I heard the first statement by a public official of what I have been thinking as I look at the drastic drop in filing of permits to drill new gas wells, yet increasing natural gas demand- we got a problem out there down the line, Houston Control. Tonight on Dallas radio I heard a statement by Charles Matthews one of the three Texas Railroad Commissioners (The RRC governs all oil & gas activities in State of Texas).. He noted that the current level of drilling activity for natural gas in Texas was not going to 'cut it" in terms of Texas Gas Fields doing their part to satisfy the increasing natural gas demand in North America.... and that the RRC was looking at various ways to encourage drilling of additional natural gas wells muy pronto....