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Gold/Mining/Energy : American International Petroleum Corp

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To: qdog who wrote (6738)1/19/1998 10:45:00 AM
From: DRRISK  Read Replies (1) of 11888
 
Qdog,
The who is right scenario has caused my paranoid traits to wonder all weekend. If you consider that the data reported is supplied, I gather, by the Industry and the revisions to that data come from the real consumption numbers and they always seem to be up. Then I ponder are we talking about the fox in the Hen house. If we believe that alternative energy is a bad thing for the oil companies and they are not all that interested in people pouring resourses into R&D on this, then how do you prevent this R&D? The world awash in oil with profitable price and abundance that keeps R&D complacent? But the dollars that the Majors are pouring into the Exploration side of their businesses are from what I gather enormous with no signs of cut back. Alternatively, the Car Companies are also pouring R&D into cars that run on anything but oil. I wonder if they know something? I bet that the Oil Majors are up to something and that it will not mean lower oil prices.
DrRisk
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