Last show was very good, as usual! It’s always fun to hear what’s going on in the rest of the world of oil and gas, along with hearing Mark and Paige’s opinions and predictions. We are in the small oil field of western New York known as the Bradford District where Secondary Recovery was established 100 years ago; and now we’re just stripping the wells naturally, and if 10 wells combined make 2 barrels/day, we consider that a good lease. There’s lots of oil down there-it just comes out very slow, but we’re being optimistic and counting on Mark’s prediction to come to pass. Oil’s gonna go up!!!
I was a little disturbed by the report from the conference where the public servant, public official, or person in a regulatory body kept talking about the need to “get demand down.” We may or may not need to get demand down, but the fact that a regulator will say it out loud is usually an indication that he has an personal prejudice that calls for the end of the use of crude oil and natural gas, and it seems a conflict of interest to have someone like that in a position of authority that regulates the industry. My fears may be unfounded, but the books are full of stories of producers who have been made to suffer at the hands of state environmental agents who have an agenda.
Thanks for all your work!
Richard
