Premium Energy Corp. (PPTL)

[A44975]

Maybe your right. However there still the land with oil assets, the fact that property next door is already producing. We still have two gas well operational. Lastly lets not forget the fact that the U.S. is in a transional phase in switching away from gasoline to operate auto's (Already 15% per gallon is ethanol). T. Boone pickens is heavly pushing natural gas for Trucks instead of Diesel fuel. See my post 1528 and click on cnbc.com (It will take you directly to his interview). However with todays economy conversion is going to take much longer.