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Old 10-27-2005, 02:32 PM
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I have to agree 100% with Hummertech on this one. This morning gas around here was $2.69 and that is about as low as it has been in some time. The oil companies have a lot of expenses to cover just to run the operation let alone recouping the investments to get the oil. I know from first hand experience how expensive it is to drill and you never really know if there is going to be anything there. It is a high risk business and they may make a profit this year but could lose their asses next year.
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