Nevtah/Tower Oil Intl.- NTAH Message Board

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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

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To: WR61499 who wrote (2748)	8/5/1998 3:00:00 AM
From: Steve	Read Replies (1) of 3817

Sorry Campbell's wrong. He is pushing millenial madness and Petroconsultant's $35,000 report on oil production in the 21st century. See the following for the opposing view: api.org Think higher prices then think substitutes, feel better? Also, think of Venezuela's heavy oil, Canada's Tar Sands, USA's oil shales, Australia's shales, etc. and etc. Together they represent about 15 trillion barrels of oil about 10 times current oil reserves. Then there is good old coal and synfuels are profitable at about $50 a barrel. The biggest fossil fuel resource: Methane Hydrates found along the continental margins beneath the sea floor.

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