SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (47791)2/19/2002 11:10:36 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
on oil addiction, NW states and Canada provide solution
Alberta has over 200 billion barrels in oil sands
production costs now at $10 per, and dropping
Maritimes are a repeat of GulfMexico, early stages
dont expect much from Alaska
from what I read, opening up fed lands will increase the arctic state's production by 10%
that state is in decline now, 50% lower than in 1980's

the answer is mainly Canada

the investment community is totally overlooking the upcoming surge in oil and natural gas prices
of all commodities, natural gas is the only one not priced below the avg of the last 5 years
gas will surge in price, esp with new generating plants coming online
and then crude oil prices will surge also, for several reasons
not the least of which is eruptions in Arab lands
watch the slowmotion disintegration of Saudi Arabia
I give it at most 3-5 years in its currnet govt
/ Jim