Friday, May 08, 2009

Estimates on Oil & Natgas over 25 years old...

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Data regarding the estimated Oil and Natural Gas reserves available in the United States as well as offshore are more than 25 years old. Just in the Gulf of Mexico where limited drilling has been allowed they now estimate that there is over (8) eight times the amount of oil then what was estimated 25+ years ago...
Bearing Drift has an interesting Podcast regarding this at their site...

Russian floating "Nuke" plants drilling for oil?...

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Now let me get this right. Russian "floating nuclear reactors" to provide power for drilling operations in Arctic areas that Moscow claims they have drilling rights to... Investors Business Daily has a great article on how the Russians plan to drill for oil and Natural gas in the Artic regions just like the ones that Congress prevents us from drilling for our known resources...
Let's see.
Russians drilling to the North of us...
China and Cuba drilling to the South of us...
And the Democratic Party controlled Congress preventing
us from drilling for our own resources off the coast of Virginia...

Wednesday, May 06, 2009

"Resistance is futile, You will be assimilated"...

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Spank that Donkey has an interesting post regarding the recent "selection" of a new RPV chairman with an ongoing conversation going on in the comment section.



Sunday, May 03, 2009

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J.R. Hoeft over at Bearing Drift is in Houston for the Offshore Technology Conference to learn about and view the technology available to help develop the known oil and natural gas resources we have off the coast of Virginia...

What if they just stopped producing, investing, and "footing" the bill?...

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A local Augusta County buisnessman has added two new 4x8 signs to the side of one of his buildings to give drivers and passer-by's something to think about regarding the economic situation the country is now in.
Who is John Galt? refers to a book published back in 1957 and has always been in print but sales have gone through the roof since the "Obama Election" and now that people get to see the direction that this administration may take this country and it's economy...




The signs and business belongs to Blue Ridge Lumber Company which is a "small business" operator and a perfect example of what the above question "Where is John Galt" refers to...



Small and local business operators like Blue Ridge Lumber are the backbone of our economy and are the major contributors to hiring increases and the economic recovery we seek. Government must not hinder these "John Galts" with taxes that burden the businesses and keep them from investing, growing, and expanding in the community...

Museum of New Jersey Maritime History

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Very impressive museum and look forward to getting back there soon to do some research on several of the wrecksites we have worked over the years...