Remember the 'Drill Here, Drill Now, Pay Less' shtick? We were told then--from the likes of Newt Gingrich, with a straight face--that Big Oil wanted nothing more than to drive down consumer prices so we could all have more affordable energy.
These companies wanted nothing more than to keep drilling and drilling and drilling, so we could all 'Pay Less.'
Oh how things change when energy prices actually come down.
Today the Sentinel is reporting:
Williams, however, is keeping its Piceance Basin holdings in anticipation of an economic resurgence...
Keeping its stake in western Colorado and "living within our means" will position Williams for growth when the time comes, he said.