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Dear Friends....
2019 has been a wonderful year for Brammer Engineering. How quickly our golden anniversary year was in our rearview mirror and our 51st year, not exactly a bellwether anniversary, was front and center. However, we're ever so grateful for the present and always looking to the future.
Speaking of the future, now we find ourselves on the verge of another election year. I'm sure that most of us will, if we're not already, grow tired of the political commercials, the town hall meetings, the debates, the name calling, the endless rhetoric and everything else that defines an election year.
One theme that seems to permeate the political rhetoric is "more for less". Medicare for all, wealth taxes, tax payer benefits for illegal aliens, etc. The "too good to be true" approach is prevalent in this national election cycle.
Well the "too good to be true" reality is alive and well in the domestic oil and gas business! The advent of the shale era, starting in the 1990s with Mitchell's Barnette Shale program and really hitting its stride with Chesapeake and the Haynesville Shale 10-12 years ago has turned the domestic energy business on its ear.
Horizontal drilling and hydraulic fracturing have ballooned reserves and domestic production to levels that were thought to be unattainable back in the conventional "peak oil" era. Even falling commodity prices created by this technology driven monster haven't curtailed overall reserve and production expansion. Our free market economy driven industry has provided the engine to drive finding and development costs down and reserves and production up yielding abundant and cheap energy for all Americans. Now that's really "more for less"!
I think the moral of this story is one that we already know; big government can't fix our problems nearly as quickly or efficiently as American ingenuity. Thank goodness our domestic oil and gas industry is in the hands of the PEOPLE! We are very grateful to be a very small part of this wonderful team of resourceful folks.
Thanks again for allowing us to pop into your inbox throughout the year. We hope that the content within has been beneficial and worthwhile. We also hope that you have enjoyed reading Brammer Broadcast as much as we've enjoyed preparing it.
Thank you also for your friendship and for the opportunities that many of us have had to work together in 2019. Our very best to you and yours this holiday season and may the Good Lord continue to bless all of us in 2020 and beyond.
Peace, Prosperity, Health & Happiness.
Your Friends at Brammer Engineering
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