Replies to post #9620 on New Century Energy Corp (fka NCRE)

[feinanddandy]

Well, in fact they do it every day. Reserves from all over the world are projected, and paid for, sometimes months before the oil is actually pumped into barrels.

http://www.eia.doe.gov/basics/quickoil.html

Pay particular attention to the barrels of oil pumped per day versus the barrels of oil used per day.