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Re: DewDiligence post# 3537

Friday, 12/02/2011 9:11:06 AM

Friday, December 02, 2011 9:11:06 AM

Post# of 29541
The latest NYT attempt to discredit drillers:

http://www.nytimes.com/2011/12/02/us/drilling-down-fighting-over-oil-and-gas-well-leases.html

If it’s not water pollution, it’s air pollution; if it’s not air pollution, it’s the high crime rate in towns with drilling activity; if it’s not the high crime rate, it’s substandard temporary housing; if it’s not substandard housing, it’s flaring; if it’s not flaring, it’s devious lease contracts; if it’s not devious lease contracts, it will be something else.

I would have more respect for the NYT if they simply said, “We don’t want anyone to make any money in the oil & gas business.”

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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