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  1. #1
    Resident Jicky Jack Jeff C's Avatar
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    Some Great News on the oil front!

    http://www.kevn.com/NewsStories.aspx?StoryID=8769


    This would be awesome! Maybe we will actually afford to fill up our skis in the future afterall!


    I needs to buy some land in SD.........


  2. #2
    I Hope That This Turns Out Good.
    So Maby We Can Buy Gas 5-10 Years From Now.

  3. #3

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    At $100/ barrel the oil co. will be rushing to develop this resource...If the fricken tree huggers are tired of paying the 3$ /gal gas bills.

  4. #4
    ctriverguy's Avatar
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    Dude, there hasnt been a new refinery built in the US since 78. (or close to it) lets say they start pumping it out... and the dpuc/epa/dep fast track it..still gonna be about 5 years before a refinery is built... Hate to be the pessimist here but were stuck paying these prices until a few foreign economies slow, the dollar rises and a lil war ends.. just gonna be the way it is.. just gonna have to suck it up

  5. #5
    I Agree We Are Going To Have To Suck It Up For A While. But This Could Maby Bring Some Reliefe In The Feuture. I Also Think That With The American Economy In Its Current Position It Can Only Get So High, Because Their Are People That Will Not Be Able To Afford To Go To Work And Will Be Forced To Cut Back.

    Just My 2 Cents.

    Lets Hope For The Best!!!!!

  6. #6
    cbrich's Avatar
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    If they confirm 500 billion barrels of oil in the US, I have a feeling oil will drop like rock to prevent us from drilling.

  7. #7
    ctriverguy's Avatar
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    Quote Originally Posted by cbrich View Post
    If they confirm 500 billion barrels of oil in the US, I have a feeling oil will drop like rock to prevent us from drilling.

    Why do i not doubt that.



    Any of you guys been to a third world country? Entire families riding around on cheapass mopeds. I just imagine thats what the big cities are going to turn into, that and the occasional mini/ smart car taxi.

  8. #8
    Jeepster's Avatar
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    Angry

    Even if they do find some they will still sell it to a high price, because now peoples are used to pay so why bother to reduce the profit margins...???

    We are screwed once again...!

  9. #9
    oklagp1200r's Avatar
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    They will just ship it overseas like they do alot of our domestic oil!
    Heard on Sirius sat radio the other day a guy called in and said he worked on three brand new refineries back in the 80s I think he said but they (EPA) wouldnt let them go on line

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