- Apr 5, 2010
- Reaction score
The high costs are mostly due to regulation, the one thing you can't engineer to lower costs of.Not so much .. The US still has the highest lift costs in the word.. I have never seen a Christmas tree in US oilfields.Until prices go up again, and the wells become viable again. In addition engineering improvements lead to lower viable costs thresholds.If the ppb goes very low, domestic producers stop drilling, exploration and reserve management..There are plenty of good reasons to, such as making fossil fuels affordable and lowering energy costs.We can.We can have oil and gas extraction including fracking without polluting water bearing strata or surface water. It's been done for decades with minimal incidents based on how much has been produced.
There's just no good reason to.
Seriously, do Republicans wake up in the middle of the night and say OH MY GOD, RICH PEOPLE DON'T HAVE ENOUGH MONEY!!!!
It's always about envy for you. Sad and pathetic.