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Old 12-22-2007, 05:36 PM
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petey petey is offline
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Join Date: May 2002
Location: "Pitch Pine", PA
Posts: 65,793
Fabs,

I'm sure at the time I was complaining I didn't have a lease signed and didn't also work for a drilling company
By the way, my company sure doesn't set the NIMEX prices... gotta thank those wonderful stock traders in NYC... Wanna blame someone..then blame the traders that run the prices up to $100 per Bbl and over $7 per MCF of gas. My company is publically owned, buy yourself a couple million dollars in shares are you can help control the costs..course if you had that much invested, I'm sure you'd be just like the rest wanting a quick turn around and want the prices to increase... buy low sell high, isn't that the rule?

Naw really.. we have no control on the prices, just drill and feed into distribution or supply. We have to pay for transportation on many pipelines even from our own parent company! Pretty ludacrice if you ask me. The whole infrastructure is quite amazing, and the prices aren't determined by some president of a Country or CFO of a big oil company.... just by those white collar dudes that wanna earn a quick turn from what I gather. I know we make our dollar off what the stock market says the oil and gas is worth

Anyhow...hope ya'll have a wonderful Christmas!
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