House of Paine

to pump or not to pump ???

  

every one knows 
the story
        about the hidden  diamond
                     warehouses 

                           right ???

  the huge cache 
             of "not for sale"
                         raw gemstones

"maintained  just to maintain ..."

                          market values  

         urban myth???

ask  harry  oppenheim
                  the next time
                            you meet 
         
--------------------------------

and besides

      so what

who  cares
     about the relative price 
                of
              "a girl's best friend " 
        
-----------------------         
but how 'bout 
              something
                    a bit 
                         more real  world 

      
          how 'bout  bubblin' crude .....

                     oil that is
                                        texas tea .....



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------------------------------------

if u knew 
the relative price of crude oil

for the next 100 years

u could work out
  a for sure
   optimal pumping strategy 


but.......


 we don't know 

   so

one  must run a wide set of  variations  

my hunch is
when you do 

if you apply it to the management 
of 
a given 
 proven  pool 

pump max
will not be 
 the  highest 
          expected return strategy 

-------------------------------------
 the more
quantitative and analytic
  among
all  these  green 
         oil peek freaks

   must have run
           these numbers 

  so 
go find em mates........


-------------------
while  we wait 
   
  feature this 

 

if these peek scares have substance ....



who'e to say 

the tower boys
  and their royal sand ant
                      side kicks
               ain't 

today

pullin 
         a  chronic
            under pump

 
         just
            out of  their safest  
                 proven reserves 

  reserves 
          tucked away
   in locales
where lack 
of  public scrutiny
        or
 public stockholdership 
   permit
 a nice  go slow rate 

 surely  such might well exist

over at ....

saudi -ville 
and kuwait 


large basins tappped
              capped 
         and waiting 
 for 
  the days
  to come

the days of 
          peek-a-thon prices  

  
   hard not to believe

if crude 
is  gonna run out
  before there's 
                  a worthy energy  sub 
                                   in place 


there's 
 a higher pay off

then makin it all
  just 
          flow  flow   flow 



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