2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 413.19

+1.1%

4:00 PM EST

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To: TobagoJack who wrote (32852)	4/11/2008 12:19:05 AM
From: Maurice Winn	Read Replies (1) of 219050

TJ, at current oil prices, New Zealand can become a major supplier of diesel fuel from conversion of lignite. The production cost is apparently about $60 a barrel of diesel fuel. With crude oil at $130 a barrel, there's a large margin [add refining, transport etc to that $130]. stuff.co.nz Which means there's nothing holding up crude oil prices other than the delay in getting alternatives such as smaller vehicles, insulation, living close to work, CDMA, OFDM, lignite to diesel, and all sorts of other things into the markets. But that won't save NZ and I agree that pennies on the dollar is the price of NZ when debts are called in and everything comes back into balance, with the excess on the downside before balance is achieved. Mqurice

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