"Joe" wrote in message
ups.com...
Marty.

You could talk to most folks with mineral rights...Why
sell now? It's
only getting more and more expensive every day. We figure
we will use
up all the middle east oil then the Kanook stuff and save
the best for
last.


and then?

On Thu, 26 Jul 2007 11:16:39 -0500, Martin Baxter
wrote:

Joe wrote:

On Jul 26, 8:57 am, Martin Baxter wrote:
Maxprop wrote:

Of course.
He lives on a farm.

Oh, right, and in SOUTHERN Canada.

Wouldn't that be the Texas section of Canada?

Hey, you guys wanted Texas enough to fight the Mexicans for it, you have
to keep it now. We don't need the Bush's thankyou very much. Besides,
you've gone and pumped most of the oil out of it.

Cheers
Marty

Marty, yer full of wind as a corn-eating horse.

We still have oodles of all.
And we do not have to boil the sand out of it to get at it.

Most smart Texans capped thier wells in the 80's and ain't in no hurry
to open em up again. I spect when Texas tea reaches 300 bucks a 55
gallon drum they might put em back on line.

Could you perhaps cite a reliabe source for this statement, Texan's
capping wells that is, (Smart Texan is an oxymoron ;-)) Proven reserves
are less than half of what you had in the 1950s, your idea sounds like a
conspiricy theory, you don't wear a foil beanie do you?


I was there in the eighties, trying to sell them the separation and
treating equipment to produce those wells. When oil hit twelve bucks,
they couldn't produce a well at a profit if I gave them the equipment.
So they capped them. It was worse in Oklahoma, Kansas, and other
states that had wells pumping just a few barrels a day.

Are they still capped. If Joe says so.

It ran me out of the oil patch. But you know what they say about "oil
patch trash". You never quite get it out of your system.

Frank



Cheers
Marty, from the USA's number one supplier of crude oil.

On Jul 26, 4:12 pm, "Scotty" wrote:
"Joe" wrote in message

ups.com...

Marty.

You could talk to most folks with mineral rights...Why
sell now? It's
only getting more and more expensive every day. We figure
we will use
up all the middle east oil then the Kanook stuff and save
the best for
last.

and then?

Corn, nuke, hydro, wind, coal and solar, synthetic plastics... ect.
ect..ect

Joe

"Martin Baxter" wrote in message
...
Maxprop wrote:

Of course.
He lives on a farm.

Oh, right, and in SOUTHERN Canada.

Wouldn't that be the Texas section of Canada?

Hey, you guys wanted Texas enough to fight the Mexicans for it, you have
to keep it now. We don't need the Bush's thankyou very much. Besides,
you've gone and pumped most of the oil out of it.

Cheers
Marty

As a Texan I feel I must disabuse you of some of your beliefs. Texas won
it's independence from Mexico. The U.S. had nothing to do with it. Ever
heard of Goliad or the Alamo? Yes, some of those who fought and died were
immigrants from the U. S., but Texans all.

There is more oil remaining in Texas than has been pumped in the past. It
just costs more to get it out of the ground. At $35.00 a barrel a lot of
leases were not in production since the cost to get the oil out was more
than $35.00. Over the years, the price has risen to $75 and Texas's
oilfields are booming. There's lots of oil, but the cheap oil is gone.
Some leases need $20.00 a barrel to breakeven, some need $90.00. At $75.00,
there is tremendous activity in the oil patch. Housing shortages, $12.00 an
hour for unskilled labor, up to $70.00 per hour for skilled workers.
Building cost are $150.00 per square foot.

This has happened every time the price of oil has increased rapidly, ever
since the first well was drilled. The last time was the late 70's. The
booms have always been followed by a bust, the last one in 1982. Everybody
went broke, the banks failed, and some people shot themselves. What next?

On Jul 27, 7:27 am, "Mike Katz" wrote:
"Martin Baxter" wrote in message

...

Maxprop wrote:

Of course.
He lives on a farm.

Oh, right, and in SOUTHERN Canada.

Wouldn't that be the Texas section of Canada?

Hey, you guys wanted Texas enough to fight the Mexicans for it, you have
to keep it now. We don't need the Bush's thankyou very much. Besides,
you've gone and pumped most of the oil out of it.

Cheers
Marty

As a Texan I feel I must disabuse you of some of your beliefs. Texas won
it's independence from Mexico. The U.S. had nothing to do with it. Ever
heard of Goliad or the Alamo? Yes, some of those who fought and died were
immigrants from the U. S., but Texans all.


He's from Canaduh Mike, please excuse his ignorance and lack of social
grace.

Joe

"Joe" wrote in message
ups.com...
On Jul 27, 7:27 am, "Mike Katz" wrote:
"Martin Baxter" wrote in message

...

Maxprop wrote:

Of course.
He lives on a farm.

Oh, right, and in SOUTHERN Canada.

Wouldn't that be the Texas section of Canada?

Hey, you guys wanted Texas enough to fight the Mexicans for it, you
have
to keep it now. We don't need the Bush's thankyou very much. Besides,
you've gone and pumped most of the oil out of it.

Cheers
Marty

As a Texan I feel I must disabuse you of some of your beliefs. Texas won
it's independence from Mexico. The U.S. had nothing to do with it. Ever
heard of Goliad or the Alamo? Yes, some of those who fought and died
were
immigrants from the U. S., but Texans all.


He's from Canaduh Mike, please excuse his ignorance and lack of social
grace.

Joe



That explains it. I didn't know Canuks could write.