Metals mines association, accounting for most federal enviro assessments, OK with Bil

[jazz]

I don't think we can use the excuse that it isn't economic TODAY, to waste a valuable resource that future generations will desperately need tomorrow.

As this gas glut gets worked through due to increasing uses for gas etc., the price differential per energy equivalent will close to the point where it will make sense to process and gather the gas. If the well doesn't make economic sense today including the cost of processing and gathering the gas, then wait until it does, the products aren't going anywhere, and no one except Chuck believes that demand for fossil fuels will disappear, so we need to extract all the oil ASAP while there is still a market. I know business isn't really that simple, but from a higher level point of view, we will all be better off in the long run, if we take the long view.

I don't know how you can extract the oil and leave the gas in place. Gas is practically free these days so the income from the oil well would have to pay for it to be collected. Maybe compression and storage for now.

Would people like some of these sitting near their homes?

[AlbertaFarmer5]

I don't know how you can extract the oil and leave the gas in place. Gas is practically free these days so the income from the oil well would have to pay for it to be collected. Maybe compression and storage for now.

Would people like some of these sitting near their homes?

[ATTACH]4435[/ATTACH]

The answer is that we don't extract the oil until the gas is also economical. We take a very short sighted view of our resources. We aren't the last generation who will want to improve our standard of living by extracting them, but we sure do act that way.