PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: kryptonic6	2/16/2005 6:42:02 AM
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Enough debating...lets discuss PROFIT If oil is going to reach $60 or higher this year, whats the best way to profit? I'm not talking about measly 20% return, think 30% or higher. Any company with proven reserves/access to oil is going to make a killing, and the biggest profits lie in the relatively smaller companies. Ideas, anyone? (yes John, we know about SPRL) Think: Who's in the best position to profit? Think oil and gas operations, petrochemicals, but also transportation (AE for example), refining, etc. Right now I'm in JCC and a little in ICOC (thinking about getting out of that one), but I made a 22% return from BYH after it went private in December. That's my voluntary disclosure. Right now I'm following AE. They don't have access to proven reserves, they make most of their money wholesaling it, which could also be a profitable venture. Any input or potential companies? Jesse

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