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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Snowshoe	10/20/2011 8:35:03 PM
	1 Recommendation Read Replies (2) of 206126

Next Arab Domino May Be Oil Darling Algeria: Reuel Marc Gerecht bloomberg.com Although oil and natural gas wealth hasn’t enriched the common man, it has exposed the society -- especially the elite -- to globalization. Algerian oil, with its very low sulfur content, is highly prized in pollution-conscious Europe. The U.S. buys about 30 percent of Algeria’s crude- oil exports, accounting for 3.6 percent of American petroleum imports last year. Algeria is the world’s sixth- largest producer of natural gas, with most of its exports going to Europe.

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