2005/07/05

Oil: more where it came from

I thought today's "Tapping Gushers Beneath the Gushers" was old news but the potentials are still there, now more so than ever before since the oil crude's new highs are making the recent news.

I'm no oil analyst -- in fact, the only bias I have for oil is because I (still) own shares of oil exploration companies (I used to work for one which spun off another so I have shares in 2 companies). As a software engineer, I haven't done a single work related to oil in all of my 18 years of career (12 of which I've worked for an oil exploration company)!