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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (8491)2/23/2004 2:41:02 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
2002, US invested $23 billion for Canadian mines, resources
methinks US is doing both
investing in Canadian, AND annexing Iraqi oil

I have heard the $23B figure several times
but not the 2004 figure

some upcoming (possibly ongoing) big investments are proceeding in Canadian Maritimes also

unsure what the dispute is over, re Heinz
wanted to stick my two cents in
I have been aware of the vast Tar Sands project in Athabasca for two years now
give some credit to Stanford Univ engineers
they have driven down production costs from $20/b to $9/b
last I checked, that was from 1995 to 2002
give credit to Suncor also
they have embarked on a monstrous expansion program
to quintuple oil production from 100,000b/day to 500kb/day

/ jim



To: Eva who wrote (8491)2/23/2004 6:24:41 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 110194
 
Eva, A few years back US energy companies were buying Canadian energy companies at a breakneck pace. My largest holding Gulf Canada went to Connoco. They are selling a bit off now due to Loonie strength... but JW is right they are doing both. They obviously just don't feel the need to invade us... not yet at any rate ;o) Also don't forget the geopolitical angle of securing mideast oil now that China is ravenous for Texas Tea..

Realpolitik anyone ...

Just some humble mewing...
Spots...

EDIT BTW double up on DZRa.TO today @ .69
investorshub.com



To: Eva who wrote (8491)2/24/2004 3:57:02 AM
From: Haim R. Branisteanu  Respond to of 110194
 
OIL LOBBY