Quote:
Originally Posted by GlynMeek
Here's what confuses me. (well, just one of the things) We hear that even if we started drilling today, we wouldn't see the benefit for years. On average, it takes maybe 60 days for the average 'hole in the ground' to determine if it is a producer, perhaps another 30 to cap it and start production, after which the oil can be taken directly to the refinery...perhaps a few days to refine it into gasoline etc.
I make that 3 months, give or take...how come the government tells us 5 years?
What am I missing?
Glyn
|
Well here's a thought... If we are going to do a bunch more off shore drilling, we will probably need a lot more off shore drilling rigs. I guess to build such things, we will need to ship a bunch of scrap metal from recently retired SUVs off to China and wait for some company in China to build the rigs for us. I'm sure that the rigs will start showing up in the near future, but it will take quite a while to get enough delivered to make a difference.
Since we seem to have trouble building new refineries, we can probably ship the
oil from our off shore drilling to some other country that can cut thru the red tape and build refineries, and then ship the gas back here.