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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (26532)10/22/2003 12:48:48 PM
From: kingfisher  Respond to of 206325
 
Looking for Raymond James latest report on energy trusts.
Would be interested in knowing what RJ has to say about Baytex Energy trust. BTE.UN on tse.
Outperforming today !
Would appreciate anyone who has seen this report to post a few highlites.



To: Tomas who wrote (26532)10/23/2003 9:48:25 PM
From: Tomas  Read Replies (2) | Respond to of 206325
 
The US imports about 56% of its oil. But if we pull together, if we open up drilling on all of our public lands, on all of our coasts, if we tax imported oil to raise domestic oil prices and spur domestic production, if we carpool, use public transportation and, yes, conserve and sacrifice, we can decrease oil imports to about, say, 50%, before it starts to rise again. So, what do you say, America?

No, you won't hear any US president say that and, by extension, any leader of an oil importing nation say anything like it. It's just too honest. They would rather say something like, "... help lessen dependence on foreign oil," a pathetically weak, possibly meaningless, statement.

World Oil Magazine, October 2003 issue
worldoil.com