[jbeckton]

$this->bbcode_second_pass_quote('Bytesmiths', 'I')'m sorry you choose to let things like this upset you.

I find language and its use to be interesting, and think communication is at its best when it is concise and precise.

[DirtyHowi]

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('skippyreef', ' ')I do not intend to reinvent the wheel

[ushoys]

I suspect that very few of the posters on these boards will actually last much longer or fare any better than the general populace. Our post-peak plans will probably prove as unfeasible and unsustainable as everything else and what finishes our society will do for us all. In this respect, "we few" are not really doing ourselves or anybody else much good and we'd actually be better off to be in the same state of blissful ignorance as "the many" until the end. Still, there is a sort of temporary, masturbatory relief discussing these things with like-minded walking worried.

[s0ul5]

I guess when we are "many", these forums pretty much lose their meaning..

$this->bbcode_second_pass_quote('ushoys', 'w')e'd actually be better off to be in the same state of blissful ignorance as "the many" until the end.

[Ludi]

$this->bbcode_second_pass_quote('ushoys', 'I') suspect that very few, if any, of the posters on these boards will actually last much longer or fare any better than the general populace. Our post-peak plans will probably prove as unfeasible and unsustainable as everything else and what finishes our society will do for us all. In this respect, "we few" are not really doing ourselves or anybody else much good .

[ROCKMAN]

You might want to dig a little deeper ushoys. It's more than just "surviving" PO that's at issue. There are actually a few ways to benefit from it. Doesn't really take too much effort to find those threads these days. But, then again, that's why we have a free will: choose your path and stick with it.

[BigTex]

$this->bbcode_second_pass_quote('ROCKMAN', 'Y')ou might want to dig a little deeper ushoys. It's more than just "surviving" PO that's at issue. There are actually a few ways to benefit from it. Doesn't really take too much effort to find those threads these days. But, then again, that's why we have a free will: choose your path and stick with it.

[ROCKMAN]

I don't follow the service companies Tex. But my basic instinct says they'll continue to run parrallel to the rig count so as long as it looks solid I would have faith. The only area I might be a little more careful is with the big deep water rig contractors. They've been taking on a lot of debt with their new builds. But demand for those rigs doesn't seem likely to drop anytime soon thanks to Petrobras. But it still makes me a little nervous. The big rigs ususally take 4 or 5 years to payout. That seems like a long time to project increased future DW activity. But it probably will still work.

[gregg1961]

I spend a little time following the service end of things and have to say that is where more and more of my allocation is heading. Big oil needs that sector to maintain any hope of future production. Record investment by big oil translates into a significant part of that investment being spent in the service end of the equation. Service costs will go up, but that will just be passed along up the food chain. Smaller land based rig builders & drillers, pipeline operators (especially n-gas), frac outfits, rig transport services, smaller specialty chemical producers, hotel operators in oil patch markets, etc. All those seem poised to do a great business in the next several years.

[ROCKMAN]

I agree Gregg. One big advantage with the service sector is the lag time. Even if drilling economics plunge for whatever reason and companies throw the brakes on hard there would still be a good 6 month lag before it hits the service sector. Plenty of time to take the profit and bale.