wow this thread got long. lol. the shape of the economy plus obama being president, has scared most of the production companies into cutting way back on what they drill and even what wells they complete.
i do believe there is over 50 -100 years of crude oil still left on this planet to explore and drill. say like off the coast of florida. BUT certain people dont want them to drill out there (well open up to drilling more) because it ruins the coastal view. imo thats a pile of horse shit lol. these rigs are far from 50 miles off shore. i cant see that far off shore. lol.
i am not sure if most people understand how many jobs the oilfield creates. and big and strong the communities grow. how it helps the state they drill in (taxes) and how it boosts the economy all the way around. where else can a kid right out of high schoool , with no degree make over 60k in the first year? and thats just here in lil ol farmington,nm. we are a small "oilfield"
btw i hate that we import oil. i know its cheaper but, if we got up to par on refining it, we could produce just as much and cut down the costs, while creating thousands of jobs. but i do understand that we can take their oil now and use ours. meh.
btw new mexico can support its self as well. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif everything you guys have, we have as well. less people though. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif as far as LA and new orleans. that place is horrible. i used to live 80 miles south of NO in a tiny lill place called venice. it may not even be there anymore. i know it was below sea level before katrina. and so was boothville and port sulphur. hated it there. very dirty. NO takes the cake on dirtiest places ive ever ben though LOL.
as far as GM it pisses me off that they cut the blue collar workers while the high end of management, just raked it in. i do not like it when large companies dont do whats best for the company. just whats best for certain individuals. i think no bailout money should be givin until they get the priorities in the right place. cut managements salaries and commercials haha.