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Old 01-04-2007, 03:44 PM
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retx retx is offline
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Join Date: Nov 2006
Location: Charleston WV
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Aklim, I completely understand what you are saying, but i think we are on two different trains of thought about it. It is important to know and understand that the technology and equipment will one day be too expensive to obtain. Why? Because energy will cost too much to make it so. The very same petroleum we are using in our cars is also refined for use to create the electricity that we use to create, build and use that equipment. Oil is there and yes it is expensive to get, and in coming decades it will still be there but may be TOO expensive to get out. Too expensive for companies to turn a profit.
Which is why i answer your question with this...I would purchase a product that I could sell one of every month, if it is more valuable and profitable than one I could sell 5 of every day. Which is what at least this one oil company is doing, knowing that when those wells start pumping again, that oil is gonna be profitable. Otherwise they wouldnt be doing it.
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