General Discussion

For one thing, we have tons of oil already and there is plenty of domestic production. Also, it costs a LOT to prospect for and complete a new wellsite and when we have plenty, there will not be enough profit to bother. In addition, there are already many leases acquired by Big Oil which have not been touched and may never be.

There are a lot of production sites which had slowed down and were producing a much smaller amount of oil. Many of these are being reworked using the horizontal drilling techniques which allow the rig to hit the secondary pool. These could not have been tapped previously because there has to be a certain amount of distance between rigs.

Actually, I am more worried about the woods/forests in the National Forests and on National Park Lands. That to me is likely to occur much sooner than oil. Some of the last original forests are on those properties.