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central mich |
Perhaps but not always. It is a 50%/50%. probabilty that he is truthful or not. I have been around a lot of oil rigs as we provided electrical service on them for years. And I have invested in oil wells and am well read. I know the drill process. We were the only authorized electrical contractor in Michigan for Cheasapeake Energy which at the time had the largest reserves in the US.
They wanted a 40 million bond to work on their $31 million new large triples. We could not buy a bond that large so eventually they lower the bond requirements to $13 mil. And this was in the 1990s time frame.
I have a decent idea of what is happening to those shut in wells ME and it will not be good. There is a reason that Russia needs to keep gas flowing in Yamal and also Arctic 2 Same in the ME. | |
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So should I top off my Diesel tanks or not?
