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Author: BrimstoneBrimstone Date: Aug 26, 2008 06:39
It looks Doug, as if your wish for higher oil prices will have the opposite
effect to the one you wanted.
As the price goes up so it becomes more economical to extract the "difficult
to get at" fields.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oil-boom-is-changing...
"Oil boom is changing the landscape and finances of North Dakota
Oil prices have to fall much further yet before they take off the shine from
the black gold rush in America's least visited state."
Good news for the poor farmers of Noth Dakota eh Doug?
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Author: cupracupra Date: Aug 26, 2008 07:27
"Brimstone" yahoo.co.uk> wrote in message
news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...> It looks Doug, as if your wish for higher oil prices will have the
> opposite effect to the one you wanted.
>
> As the price goes up so it becomes more economical to extract the
> "difficult to get at" fields.
>
> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oil-boom-is-changing...
>
> "Oil boom is changing the landscape and finances of North Dakota
>
> Oil prices have to fall much further yet before they take off the shine
> from the black gold rush in America's least visited state."
>
> Good news for the poor farmers of Noth Dakota eh Doug?
I'm sure this scenario has been mentioned before; only to be met with
DougSilence...
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Author: FodFod Date: Aug 26, 2008 08:39
On Aug 26, 3:27 pm, " cupra" gmail.com> wrote:> "Brimstone" yahoo.co.uk> wrote in message
>
> news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...
>>> It looks Doug, as if your wish for higher oil prices will have the
>> opposite effect to the one you wanted.
>
>> As the price goes up so it becomes more economical to extract the
>> "difficult to get at" fields.
>
>
>> "Oil boom is changing the landscape and finances of North Dakota
>
>> Oil prices have to fall much further yet before they take off the shine
>> from the black gold rush in America's least visited state."
>
>> Good news for the poor farmers of Noth Dakota eh Doug?
> ...
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Author: Tony DragonTony Dragon Date: Aug 26, 2008 08:44
Fod wrote:
> On Aug 26, 3:27 pm, " cupra" gmail.com> wrote:>> "Brimstone" yahoo.co.uk> wrote in message
>>
>> news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...
>>>>> It looks Doug, as if your wish for higher oil prices will have the
>>> opposite effect to the one you wanted.
>>> As the price goes up so it becomes more economical to extract the
>>> "difficult to get at" fields.
>>> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oi...
>>> "Oil boom is changing the landscape and finances of North Dakota
>>> Oil prices have to fall much further yet before they take off the shine
>>> from the black gold rush in America's least visited state."
>>> Good news for the poor farmers of Noth Dakota eh Doug? >> I'm sure this scenario has been mentioned before; only to be met with
>> DougSilence...
>
> Economics is hard for most people to grasp...
> ...
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Author: BrimstoneBrimstone Date: Aug 26, 2008 08:41
cupra wrote:
> "Brimstone" yahoo.co.uk> wrote in message
> news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...>> It looks Doug, as if your wish for higher oil prices will have the
>> opposite effect to the one you wanted.
>>
>> As the price goes up so it becomes more economical to extract the
>> "difficult to get at" fields.
>>
>> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oil-boom-is-changing...
>>
>> "Oil boom is changing the landscape and finances of North Dakota
>>
>> Oil prices have to fall much further yet before they take off the
>> shine from the black gold rush in America's least visited state."
>>
>> Good news for the poor farmers of Noth Dakota eh Doug? >
> I'm sure this scenario has been mentioned before; only to be met with
> DougSilence... ...
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Author: FodFod Date: Aug 26, 2008 09:05
On Aug 26, 4:41 pm, "Brimstone" yahoo.co.uk> wrote:> cupra wrote:
>> "Brimstone" yahoo.co.uk> wrote in message
>>news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...>>> It looks Doug, as if your wish for higher oil prices will have the
>>> opposite effect to the one you wanted.
>
>>> As the price goes up so it becomes more economical to extract the
>>> "difficult to get at" fields.
>
>
>>> "Oil boom is changing the landscape and finances of North Dakota
>
>>> Oil prices have to fall much further yet before they take off the
>>> shine from the black gold rush in America's least visited state."
>
>>> Good news for the poor farmers of Noth Dakota eh Doug?
>
>> I'm sure this scenario has been mentioned before; only to be met with ...
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Author: GraculusGraculus Date: Aug 26, 2008 09:33
"Brimstone" yahoo.co.uk> wrote in message
news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...> It looks Doug, as if your wish for higher oil prices will have the
> opposite effect to the one you wanted.
>
> As the price goes up so it becomes more economical to extract the
> "difficult to get at" fields.
>
> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oil-boom-is-changing...
>
> "Oil boom is changing the landscape and finances of North Dakota
>
> Oil prices have to fall much further yet before they take off the shine
> from the black gold rush in America's least visited state."
>
> Good news for the poor farmers of Noth Dakota eh Doug?
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Date: Aug 26, 2008 12:43
"Brimstone" yahoo.co.uk> wrote in message
news:k5GdnZGfUu4pminVnZ2dnUVZ8vidnZ2d@bt.com...> It looks Doug, as if your wish for higher oil prices will have the opposite
> effect to the one you wanted.
>
> As the price goes up so it becomes more economical to extract the
> "difficult to get at" fields.
>
Rather more importantly going after this oil increases the available
reserves, there is still plenty of oil in the "expended" fields as it was
cheaper to go elsewhere as we gain more experience in extracting hard to get
oil we can revisit the old fields and extract oil at a fraction of the cost
it would have been twenty years back. Probably extending the "out of oil"
point by another 20-50 years.
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Author: DougDoug Date: Aug 29, 2008 00:00
On 26 Aug, 14:39, "Brimstone" yahoo.co.uk> wrote:> It looks Doug, as if your wish for higher oil prices will have the opposite
> effect to the one you wanted.
>
> As the price goes up so it becomes more economical to extract the "difficult
> to get at" fields.
>
> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oi...
>
> "Oil boom is changing the landscape and finances of North Dakota
>
> Oil prices have to fall much further yet before they take off the shine from
> the black gold rush in America's least visited state."
>
> Good news for the poor farmers of Noth Dakota eh Doug?
> Yes but the price of oil will still remain high, or else those
difficult fields will become non-viable again. All that it means is
that the oil will last a little longer before it runs out and the
benefit is that the cost of wasteful and harmful hypermobility will ...
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Author: BrimstoneBrimstone Date: Aug 29, 2008 00:27
Doug wrote:
> On 26 Aug, 14:39, "Brimstone" yahoo.co.uk> wrote:>> It looks Doug, as if your wish for higher oil prices will have the
>> opposite effect to the one you wanted.
>>
>> As the price goes up so it becomes more economical to extract the
>> "difficult to get at" fields.
>>
>> http://www.telegraph.co.uk/news/worldnews/northamerica/usa/2619313/Oi...
>>
>> "Oil boom is changing the landscape and finances of North Dakota
>>
>> Oil prices have to fall much further yet before they take off the
>> shine from the black gold rush in America's least visited state."
>>
>> Good news for the poor farmers of Noth Dakota eh Doug?
>> > Yes but the price of oil will still remain high, or else those
> difficult fields will become non-viable again. All that it means is
> that the oil will last a little longer before it runs out and the ...
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