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

To: XOsDaWAY2GO who wrote (24624)	6/24/1998 12:44:00 AM
From: Lee Fredrickson	Respond to of 95453

Barbara, I don't know about drilling new holes, but Aggie's salt dome storage post rang a bell with me. Don't know if the gov't still stores military strategic reserves that way, but they for sure used to. And I believe it was crude that was pumped back into depleted wells, not just proven reserves held in the ground where it was found. Thought occurred to me awhile back, too...stock up now, while it's cheap. Doing so, however, would require a government with a long view and a willingness to spend now for future savings, two unlikely situations. Or, for all I know, the expense and environmental concerns might make it financially unfeasable now. Sure has been done in the past, though. See ya' Lee