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<blockquote data-quote="The Other Side" data-source="post: 1495114" data-attributes="member: 17969">The number of wells is small?&nbsp; are you fricken kidding me?&nbsp; Did you not listen to Pickens in the video I linked??He clearly points out that american oil companies had 4500 operating wells at one point in the 80&#039;s and then they SHUT DOWN 50% of those wells and drove the price up.Next, they reduced the number of wells to 1500 (where they had been before president Obama took office) and now they want to shut down betwen 500 and 600 more wells.&nbsp; Thats almost 50% of capacity lost.Still think that is small?When you are paying $5 bucks a gallon for gas youll remember all those wells that are shut down suppling NOTHING to your gas tank while the oil industry makes billions a quarter on your dime.Why attempt to defend the oil industry which is corrupt as heck and blatant about it??Intentionally reducing capacity to drive up the price of oil per barrel hurts all americans.&nbsp; Our economy has suffered since GW BUSH allowed them to screw all americans at the pump.Now, they have all the oil they need for decades to come, and yet they will drive up prices and attempt to blame president Obama for the high prices.TOS.</blockquote>

[QUOTE="The Other Side, post: 1495114, member: 17969"] The number of wells is small? are you fricken kidding me? Did you not listen to Pickens in the video I linked?? He clearly points out that american oil companies had 4500 operating wells at one point in the 80's and then they SHUT DOWN 50% of those wells and drove the price up. Next, they reduced the number of wells to 1500 (where they had been before president Obama took office) and now they want to shut down betwen 500 and 600 more wells. Thats almost 50% of capacity lost. Still think that is small? When you are paying $5 bucks a gallon for gas youll remember all those wells that are shut down suppling NOTHING to your gas tank while the oil industry makes billions a quarter on your dime. Why attempt to defend the oil industry which is corrupt as heck and blatant about it?? Intentionally reducing capacity to drive up the price of oil per barrel hurts all americans. Our economy has suffered since GW BUSH allowed them to screw all americans at the pump. Now, they have all the oil they need for decades to come, and yet they will drive up prices and attempt to blame president Obama for the high prices. TOS. [/QUOTE]

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