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Cap'n Krusty |
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Cap'n Krusty ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Members Posts: 10,794 Joined: 24-June 04 From: Santa Maria, CA Member No.: 2,246 Region Association: Central California ![]() |
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ericread |
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The Viper Blue 914 ![]() ![]() ![]() ![]() Group: Members Posts: 2,177 Joined: 7-December 07 From: Irvine, CA (The OC) Member No.: 8,432 Region Association: Southern California ![]() |
Not many responses here.
When gas hits $10.00 per gallon, I'm all over the electric conversion idea. That used to be a stupid statement, but lately it actually seems possible. Skip is right. The deep water oil drilling ships take about 4 years to build. Right now, shipbuilders have almost a 10 year backlog for delivery of these ships. If deepwater drilling were allowed off the coasts of California and Florida (and I'm not at all sure these states would allow this to commence) it would 6 to 8 years at a minimum before any equipment would be available to start test drilling. Another 4 to 5 years after that (at a minimum) to put any of these new wells into production. Let's be honest with whats going on with the off-shore and ANWAR approvals. The oil companies have so much untested/undrilled land locked up in leases, they won't be looking to drill in California, Florida and ANWAR for years. They just want to tie up these leases on the cheap before the existing oil company friendly administration is booted out of office. And let's be honest, our oil company friendly administration hasn't been real good to the gas buying public these last 8 years. It does seem that the oil speculators and the oil companies are doing real well. But like others have said, maybe that's just a coincidence... |
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Lo-Fi Version | Time is now: 11th May 2025 - 04:56 AM |
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