hayseed said:Hi Tom; Agree with you. We just got back from the amish area took a load of round bales. The guy that got the hay was wondering about the gas mileage of the truck I just smiled and said you know how bad it is. Saudis just said on the news they were going to pump at full bore, stupid people dont they know when its gone they wont have any more. I have heard that some of the wells are starting to go dry. It will be interesting to see what happens.
Response....New recovery methods have extended known reserves of existing fields. What is going on in old TX fields is a great example of that. In some cases they the new oil being discovered in old almost abandoned fields exceeds the original estimates for said fields.
Since the last energy crisis average fuel consumption for a ALL vehicles inclusive of trucks in the U.S. has increased from 11 MPG to 17 MPG.