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Posted by: Tangent001 1 year, 4 months ago

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Tangent0011 year, 4 months ago

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"Did it ever occur to you that the leases they've been sitting on, are not likely to produce OIL."
Then they would be 'oil leases' would they?
Did it ever occur to you the reason they don't want to drill on existing leases is because they like the prices just fine the way they are? They want something that'll take five-or-so years to reach the market. Big Oil has posted record profits for the past several quarters, what incentive do they have?

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