A Push to Wrest More Oil From Land, but Most New Wells Are for Natural Gas

John McCain and friends are banking this issue to save them, but there is so much they don’t know (or more likely chose not to mention).

This is another. Most of the drilling is for gas, not petroleum.

A Push to Wrest More Oil From Land, but Most New Wells Are for Natural Gas. By Felicity Barranger. New York Times.

Regarding domestic discoveries of oil, those who think new petroleum discoveries in the U.S. will bring down the price of gasoline, they should read this article five times and post it on their wall.

2 Responses to “A Push to Wrest More Oil From Land, but Most New Wells Are for Natural Gas”

  1. Alan Gregory Says:

    The drilling frenzy has arrived — again — in Pennsylvania, where state forest lands are among the new targets — for natural gas.

  2. Bubba Says:

    With the increased supply of nat. gas shouldnt the price go down instead of up as they predict for this winter?


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