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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (2974)10/17/2001 10:53:48 PM
From: Zeev Hed  Read Replies (3) | Respond to of 36161
 
Art, actually, if Crude stays around $30 for any length of time, it opens vast resources in tar sands in Alberta. Frankly, if we wanted energy independence we could do that by taxing all Non North American imported oil with a variable tax, assuring crude at $32 or so these fields can be developed. Of course, such a tactics smells of "protectionism, but it is also a major reason that OPEC always increases production when crude gets to the $28/$32 area, kind of over head barrier. Opec does not want these resources developed, for obvious reasons.

Zeev



To: Art Bechhoefer who wrote (2974)10/18/2001 1:37:52 PM
From: Douglas V. Fant  Read Replies (2) | Respond to of 36161
 
Art, I'd agree with you on photovoltaics. However on wind, I work heavily in wind power projects and related transmission (merchant) issues. The costs for wind power projects has been on a long-term decline for the last three years as newer more efficient equipment is developed and operations synergized.

This is strictly my opinion, but I believe that renewable energy's role is significantly understated in satisfying our energy needs over the next 20 years....