"Paul kgyy" wrote in message
ups.com...
In response to the original post, the oil companies are doing what
they are supposed to do; maximize value to their shareholders, which
you could become if you care to.

In the long run, though, it's worth considering that worldwide oil
production will probably peak and trend down in the next 5 years,

No, it won't (short of a nuclear conflagration, or Middle East nuke fest).

The only limits to production are POLITICAL.

In about 1960, a mile deep well was a big deal; now it's an undergrad school
project.