Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - why oil hit $100/bbl yesterday ... FUNNY STORY

whiplash · 01-04-2008, 12:27 PM

What frys my a$$ is the in the early 80's when Regan deregulated the oil industry the US capped over 100,000 wells because it was cheaper to buy Saudi oil and thousands of folks lost thier jobs including me . I was a well site geologist. Oil was $35.00/bbl. We still have a crap load of oil and gas in the lower 48 but it needs to be pumped.

01-04-2008, 12:27 PM	#8
whiplash Sand pounder iTrader: (0) Join Date: Feb 2005 Location: Mattapoisett MA./ Noyack, NY Posts: 420	Oil prices What frys my a$$ is the in the early 80's when Regan deregulated the oil industry the US capped over 100,000 wells because it was cheaper to buy Saudi oil and thousands of folks lost thier jobs including me . I was a well site geologist. Oil was $35.00/bbl. We still have a crap load of oil and gas in the lower 48 but it needs to be pumped.