Peak Oil - Not If but When Message Board

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Gold/Mining/Energy : Peak Oil - Not If but When

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From: veritas501	12/18/2009 12:13:35 AM
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People have heard of the Chinese buying oil properties around the world but how about the South Koreans? State-Run South Korean Oil Company Buys Canadian Producer 10/22/09 Korea National Oil Corp., the state-owned oil and gas company of South Korea, said it would buy Harvest Energy Trust in a deal worth 4.1 billion Canadian dollars, or $3.9 billion. The transaction represents a major coup for Seoul as it seeks a steady supply of oil from overseas. nytimes.com

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