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


To: John Carpenter who wrote (38249)2/24/1999 9:36:00 PM
From: Broken_Clock  Respond to of 95453
 
John,
For a simple explanation of how really "big business" looks at people and their jobs, take a walk over to the nearest unemployment office ot personnel office. usually the sign on the door reads:

"Human Resources"

...in the end, we are viewed as just another commodity.



To: John Carpenter who wrote (38249)2/25/1999 1:52:00 AM
From: A. Geiche  Respond to of 95453
 
John, you are right, an American who is in a wrong business can always be retrained and can even get a free shopping cart.. But, although the idea is so offensive to any true American patriot like our SargeK, such stuff is not a concern to the juggernaut of high American policy. The country needs cheap oil. Its permanent availability can be secured and guaranteed. That is all. This used to be known as a colonial imperialist policy. It is known as a democracy now or is it a democrazy? My English is still very limited, you know. What is "inbred"? I am lost with this one.

Message 7964672



To: John Carpenter who wrote (38249)2/25/1999 9:30:00 PM
From: dfloydr  Respond to of 95453
 
If you think about it, since 1973 we have used up a lot of U.S. reserves at great cost. All the while, if we had had a different policy towards the middle east, we could have used up foreign reserves for a whole lot less money and still had our reserves available for emergencies.

We might not even have had all that nasty inflation and those several recessions which wrecked havoc domestically.

So the game we played has come with some very high domestic prices while keeping capital employed inefficiently in sub-marginal fields here at home. I once participated in a well that came in at about 26 bbl/day ... and died within a year. We were later told the same money in Saudi Arabia would have probably yielded 200,000 bbl/day. We never wasted another dollar on US oil drilling.