hlen5 -> RE: Gas prices have spiked! May soon past record highs! $4-$5 gas coming (4/15/2011 8:57:48 PM)
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ORIGINAL: MarkfromHouston The range on jack up rig is dependent on the depth of the water they would be drilling in, it runs from about $50K to $150K depending on the depth it is design to operate at and the speed and so forth on the rig, this rate is for a fully crewed and operated rig. .................The current rig count including on shore is 1772 which is up 345 from last year.... I am very well known in the casing and inspection business and have been in the oil and gas business for a good while, I have been a partner in several API threading and inspection facilities in the Houston area and I currently do drive one of my own trucks, I own several. I drive because I like it, and I hate being in an office, but I can walk into the offices of NFR Energy, Nabors Drilling, Tenaris, Chevron, Halliburton, Schlumberger, Technip, Mustang, Patterson, MI SWACO, Exxon Mobil, and meet with VP level execs at every one of them who have been to dinner with me. My offices in the Galleria in Houston have had more oil execs in them than you can name and if you think I am just "some trucker" you might want to ask some oil men before you speak too loudly........................... BTW, when B.O. takes away the itemized deductions from all the rich people I will be leaving with my money, the people who work for me can go collect unemployment because I will not be going broke to support the ideals of a marxist. Thanks for your bona fides and your hard figures. So you've seen the environmental costs and know the business end of production. Do you believe that there is such a thing as peak oil or not? What are your ideas or solutions to the growing energy needs of the world that won't foul our own environmental nest? I hope you don't mention getting more natural gas by fracturing (frakking, or whatever it's called, I have no desire to be able to light my own tap water). ETA: fixed the quote box
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