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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (5184)	12/18/2003 11:47:33 AM
From: Jim Willie CB	Read Replies (1) of 108690

Canadian Exploration holds vast promise and is under-exploited. Canadian drilling has increased by 60% while U.S. drilling fell by 71% over the past 20 years. Canada produces 5.5% of the world's energy and is the largest exporter of energy to the U.S., exporting 3.5 million BOE (Barrels of Oil Equivalent) per day to the U.S. vs. 1.5 million BOE/Day from Saudi Arabia. Canada produces 5.5/ of the world's energy and has exported 3.5 million BOE per day to US in 2000 compared to: 1.5 Million BOE/Day from Saudi Arabia 1.3 Million BOE/Day from Venezuela 1.5 Million BOE/Day from Mexico Canada accounts for 30% of US oil and gas imports The price of natural gas has almost tripled in the past four years and risen dramatically over the past decade from approximately $2US to nearly $6US and is expected to continue to rise. The United States is facing a potential crisis of natural gas supply due to increasing demand and a shortage of supply, with inventories 29% below their five-year average, and decreasing North American production. The Energy Department estimates electricity demand will rise more than 45% over the next 20 years, with natural gas accounting for as much as 95% of new generation capacity. Silver Star has entered into two agreements with a private Alberta company which allows Silver Star a farm-in and option to drill oil and natural gas wells on two potentially prolific projects in Alberta. FreeRealTime.com DISCLAIMER: This is a paid advertisement from Apollo Holdings LTD. This FreeRealTime.com Alert has been sent to you courtesy of FreeRealTime.com. This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to FreeRealTime.com's users. FreeRealTime.com is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not the statements and opinions of FreeRealTime.com, and FreeRealTime.com disclaims any liability for or arising from such statements and opinions.

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