View Single Post
Old 11-10-2008, 02:39 PM   #19
redforever
Franchise Player
 
redforever's Avatar
 
Join Date: Feb 2006
Exp:
Default

Quote:
Originally Posted by flamesfever View Post
I think it's next to impossible for oil companies to explain to the public, in relatively simple terms, how the royalties will affect the oil industry. Can you imagine how to explain all the items related to a farmout, or all the things that have to happen from the time you buy an oil and gas lease till the time you get your first dollar out of it 5 years later?.

In my view the whole thing is too complex for Dick and Jane. And unfortunately until they start losing their job, see their house and overall net worth start to decrease in value, etc. they will go on believing that the Government knows what's best for the people.

You discredit the intelligence of far too many people.
redforever is offline   Reply With Quote