As a transplanted Texan who rode the oil boom up and down, I felt your front-page article (June 2), "Oil Patch Survivors Dwindling," to be insightful, accurate and sad. Debra Whitefield did a commendable job in capturing the mood of the times and accurately chronicling the plight of the independent oil man.
Harvey Rhoads of West Texas is the classic entrepreneurial oil man who made America a world oil power. Shamefully, his days are numbered as the risk is no longer commensurate with the reward. To be sure, the oil patch has seen its share of get-rich-quick types, but the Rhoads of this country are now paying the price for their excesses.
One significant point in the article could easily be overlooked. Wells that are "plugged" or "capped" are seldom brought back into production due to formation damage or cost. That production is usually lost forever.
Our country can ill afford to lose such potential energy resources due to current economic conditions. But the independent oil producer is being forced to do so.