Friday April 8 2011
A few months back I suggested a lower cost trip to West Texas in addition to trips planned to Ireland and Argentina. Now I have nothing against those trips, in fact I look forward to the students learning just what basket case disasters both countries are now. Argentina collapsed and defaulted on its debt about 2002, and Ireland is the I in the now famous PIGS moniker.
The Permian Basin is back on the map, and on the front page of the second section of the WSJ today.
I am suspicious how long oil prices can stay this high, recall the collapse from 145 to 35 in the last half of 2008.
My point was simply that Texas students might well find opportunities in their own back yard….
the suggestion was met with a big yawn and a laugh, who's laughing now? See my previous post on drilling for natural gas.
Come to think of it this would be an interesting opportunity to use Skype or do video segments to put on the blog or show back here in SA. Any Skype plans for Ireland or Argentina?
Professor Elam 
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