Thread: Oil Boom(?)
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Old 12-04-2012 | 03:52 PM
  #10  
gettinbumped
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From: A320 Cap
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Originally Posted by swaayze
From another forum, no idea how valid but could have the US airline industry smiling if accurate:


Quietly lurking in the background - the US is set to become the World's largest Oil producer surpassing SA as largest exporter.
Evidently, the wells rather than depleting have miraculously refilled and hydraulic fracturing is just the innovation to release that oil.
We may be witnessing the greatest economic boom in our history as Rig counts are at record levels in the US.

The airlines are exploiting yesterdays news to extort money from labor.

A free APP is the Baker Hughes Rig count.
Hope APA gets the news
Stay tuned, because the hydraulic fracturing is starting to cause some issues both with the drinking water and with earthquakes. Yet to be seen if that will be acceptable to the people that live close to the areas that are seeing that type of drilling
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