[ROCKMAN]

Revi - Mr. R may have had the big stick back in the 1800's. But anytime in the last 50 years the PA legislators could have put a severance tax on future oil/NG any time they chose to. Years ago I wrote to editorial pages in some local PA newspapers explaining in detail how their citizens were getting screwed by the oil companies. Never saw a single one printed.

So I give up. Now it's up to you to get them stirred up. LOL.

[ROCKMAN]

Revi - And just so you have some ammo to use in PA: if they had the same severance tax as Texas the state would have received $120 million in just the last 10 years. And if like La: about $350 million. And given the latest surge in PA production they would be getting the value of 320,000 bbls per year (Texas) or 875,000 bbls per year (La).

[Revi]

Wow! I was amazed at how quickly Pennsylvania went for the whole fracking thing. There were old wells back in the woods when I used to live near there that would pump a few barrels a month into a wooden tank. They were still running since the early 1900's and late 1800's. I knew people who had farms with free natural gas. The old wells would still provide them with enough to heat their houses and barns. Then they brought in these big thumper trucks that were seismically testing for oil and gas, and the fracking boom began. Funny how PA never made much on the first oil boom, and they missed out on the second one also. Do you think there will be a third? The places with oil and gas are still some of the poorest in the state.

http://www.marcellus-shale.us/seismic_testing.htm

[ROCKMAN]

Revi - "Do you think there will be a third?" Based upon a big increase in oil prices perhaps. Based upon new trends or tech: very unlikely IMHO. PA has a somewhat unique problem: tens of thousands of very old wells that were not plugged properly. And most with unrecorded locations. So an unknown risk by pressuring up on new wells near those old ones. Just one more reason for the state to tap the oil patch for some $'s

Curious: have you wondered why an oil patch hand has been a whistle blower over PA severance taxes?

[Zarquon]

Leveling the playing field a little?

[ROCKMAN]

z - "Leveling the playing field a little?" Exactly! LOL. Some folks here still thinks the oil patch is one big happy band of brothers. That we all support the efforts of each other. Such a childish inability to understand even the basic nature of competition.

For instance conventional oil/NG explorers, like the Rockman's company, would have been very happy had frac'ng been banned in the entire country. It would have allowed them to sell their production at higher prices. The NG boom in the Marcellus completely shut down the Rockman's S La drilling program. And shutting down all the segments of the Keystone pipeline system would have been great.

It really is that simple.

[Revi]

The film will be shown next on Weds. Nov. 16th at 6:30 in Diamond 153 at Colby College in Waterville, Maine. It's going to be uuuuuuge!

[Revi]

Still under 2000 hits. It's a very well made, watchable film, but I think the concept of peak oil fell off of most people's radar screen. It's on youtube now, so just type in Peak Oil: A Love Story. I'll try to link it here:
https://www.youtube.com/watch?v=N5efV-w8Ejk

[AdamB]

$this->bbcode_second_pass_quote('Revi', 'S')till under 2000 hits. It's a very well made, watchable film, but I think the concept of peak oil fell off of most people's radar screen. It's on youtube now, so just type in Peak Oil: A Love Story. I'll try to link it here:
https://www.youtube.com/watch?v=N5efV-w8Ejk

[Revi]

Thanks for your review Adam B! I am thinking of going on a "Told Ya So" tour of local places. What do you think?

[AdamB]

$this->bbcode_second_pass_quote('Revi', 'T')hanks for your review Adam B! I am thinking of going on a "Told Ya So" tour of local places. What do you think?

[Revi]

Thanks. I think this time it's for real. It would have been nice if anything at all was done back in the early 2000s. It seems like the only thing that has slowed fossil fuel use was covid. Now it's back to full speed ahead.

[AdamB]

$this->bbcode_second_pass_quote('Revi', 'T')hanks. I think this time it's for real.

[Revi]

This fourth wave of covid made me reconsider plans to show the film to a bunch of people in a room. Especially since we have one of the lowest vaccination rates in New England in our county. I guess I'll just hang on to my DVD's. It's becoming obvious that we need to do something anyway. The point of the film was to get people aware of alternatives to the lifestyle that we are living. I know that my tiny voice can't influence many people, and that it's kind of a quaint notion that anything can be done about the problems facing us. I guess I thought that I had to try something.

[AdamB]

$this->bbcode_second_pass_quote('Revi', ' ')I guess I thought that I had to try something.

[Doly]

$this->bbcode_second_pass_quote('', 'S')upply and demand will balance at some price or another

[AdamB]

$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('', 'S')upply and demand will balance at some price or another

[Revi]

$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('', 'S')upply and demand will balance at some price or another

[AdamB]

$this->bbcode_second_pass_quote('Revi', '
')It made me think that the financial markets may be just a way to dole out resources. They can't cope with shortfalls. That could be the end of the whole game. Like the Roman empire used the dole to keep people fed. Bread and Circus until it all falls apart.

[careinke]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Revi', ' ')I guess I thought that I had to try something.