Say Anything Blog

36,000 my foot.

Read it again, it doesn’t say those 120 will be sitting next to each one of those wells forever.

Still, if we can get 600 permanant jobs that will still be good.

Ack, I went with the wells number and not the rigs number.

My mistake.  I’ll fix.

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

No prob.

Even I’m right twice a day, like a broken clock.

IT was a dumb mistake.  I thought the 36,000 was high...but anyway its fixed now.

Everyone’s human.

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

Rob: The only way govt can “create jobs” is to enlarge itself(at our expense).

If you don’t know by now, don’t mess with it.

Quite right.  As I said in the post, government can’t create jobs.

But they can attract jobs by keeping taxes and regulation to a minimum.

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

Rob: Well, they can get rid of the taxes and regulations that drove the jobs away in the first place…

If you don’t know by now, don’t mess with it.

Rob: Well, they can get rid of the taxes and regulations that drove the jobs away in the first place…

That would actually be the market when the price of oil collapsed in the late 90’s.

The government was not to blame for driving those jobs away.

Obviously.  The jobs were’t driven away in that case; the market disappeared.  It’s the enviro regs to which I was referring, as well as high taxation on the oil business in general.  One of the factors in the “collapse” was high taxation, which conferred higher fixed costs.  When supply increased, resulting in lower prices, some local markets were no longer profitable.  If the govt had not regulated and taxed the market in the first place, it might have survived.  The demand for oil never went away, but the supply increased, due to manipulation by the OPECers.  Enviro regs have essentially made oil drilling illegal in some places, like off the coast of CA.

If you don’t know by now, don’t mess with it.

Free, the last time there was an oil boom in ND was the late 70’s, early eighties.  You were probably knee high to a grasshopper then. I was living in Dickinson during that time. 

Rob, does the article say where they purchased 200,000 acres, where in Western ND, northwest or southwest?  Just wondering.

And you are forgetting the ancillary jobs from the drilling and processing operations. Not to mention the numbers of people employed in running new powerlines and gas pipelines, and in cleanup, that is a necessary component of the equation. Vehicle maintenance and road construction/maintenance. Metal fabrication shops. And going to need lots of welders and pipefitters. Restuarnts and bars and hotels/apartments. 960 is a fairly lowball number.

Una Salus Victus Nullam Sperare Salutem