SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (41335)10/15/2008 3:33:38 AM
From: Snowshoe  Read Replies (3) of 217775
 
Koan,

You sound just like Elmat bragging about Brazil's sub-salt oil. But Alaska's heavy oil is also cold, so we might only be able to extract 10% of that 100 billion barrels.

Alaska NG and coal exports are both insignificant at the current time. Our NG is a major asset, but the world is full of more accessible NG. Our coal is low quality and far from markets.

Meanwhile, falling oil production and prices could take a large bite out of Alaska's budget surplus. I think our state government will be more careful about spending next year.

-Snow
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News