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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (1477)	9/12/2001 6:31:41 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 36161

Isopatch. My historical precedent would be the Roman/Parthian wars of the first Century AD. Rome lost some of the battles, some of the wars, but eventually wore down the Parthian resource base over 40 years and made them retreat across and stay east of the Euphrates....Our initial strategy. Second there are just a whole multitude of technologies moving rapidly forward which will allow the US and later the western world generally greatly to cut use of oil as a fuel over the next decade. Let's offer tax incentives in the upcoming national energy package debate in order to make oil truly a "fossil" of "fuels" and reduce oil consumption to a lubes/plastics feedstock only....... That would help with global warming too....