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Re: glengold47 post# 23643

Sunday, 01/30/2011 4:42:23 PM

Sunday, January 30, 2011 4:42:23 PM

Post# of 30337
not to mention regarding the foreclosed wells, could this explain it?
It is from 6/2010 as well. Just think about the small oil companies compared to the giant ones when this happened.

Louisiana residents, however, are now concerned that the still unresolved BP oil spill will cause spikes in lender and government tax foreclosures in the state. Because of the suspension of BP oil well operations, a lot of Gulf Coast residents earning income from drilling support services are now out of work. Also, tourism-related businesses are slowing down and fishing enterprises have now stopped.

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