MHM 2011 Pre-launch Conditions

[Warren B. MusselmanModerator]

No mineral or subsurface rights. State board denied his claim. Pretty obvious what’s happened since his water was pristine before the drilling began. While we need oil, its long past time that we moved on to something less environmentally destructive… or nuked a couple mid-east countries and took over. Come to think of it, I thought we were going to OWN Iraq when we were done and they were going to pay us back with oil revenues… such is life in the modern world.

[edwardModerator]

Thorium based reactors 🙂

Edward

[dan winter]

Tesla………

Thorium based reactors 🙂

Edward

[AdrianParticipant]

Oil is all in a global market. Whatever extra we pump means that Saudi Arabia pumps less. If it were up to me, I would halt all American oil exploration and wait for 20 or 30 years for the price of crude gets REALLY expensive before re-starting it. Our oil production peaked in 1970, when we were about halfway through our reserves. We’re still the 3rd largest producer, behind Russia and Saudi Arabia, but our proven oil reserves are 14th in the world, only 1.37% of the total.

[Warren B. MusselmanModerator]

I’m with you Adrian.

A former club member (name deleted) used to work for an oil company in Wyoming… For the last 10 years they have been drilling wells in Wyoming and capping them as soon as they are confirmed to produce. The general consensus among employees is that they are waiting for the price to go up before they start pumping.

[MikeSModerator]

I have been hearing about the capping of wells in Wtoming
my whole life. Sime what more than ten years.

I really think one day it will come in handy.

[SCOTT EVANS]

Sounds like a good business plan.
Sell high. 8)

[edwardModerator]

What if someone drinks your milkshake though?

Edward

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