Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: macavity who wrote (50349)	5/24/2004 4:48:09 AM
From: energyplay	Read Replies (1) \| Respond to of 74559

When oil was $12 in 1999, very few politicians were doing anything. I was buying oil stocks and hoping for $20. BP bought ARCO for a very low price then. Do you think the US would be self sufficent at $60 ? I would think it would be hihger....

To: macavity who wrote (50349)	5/24/2004 5:11:05 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Ask the producers to sell it cheaper so that treasuries to tax oil derivatives like crazy? Keep the gas guzzlers no matter what. And, hey! don’t forget that we need clean enviroment too! Hilarious, indeed!

To: macavity who wrote (50349)	5/24/2004 8:20:22 AM
From: Seeker of Truth	Read Replies (3) \| Respond to of 74559

For some reason I can't understand almost nobody is paying any attention to the clean burning of coal. It is a long known reality in the lab. To develop it on an industrial scale of course would require big bucks, but not billions, maybe 50-100 million. The price is usually estimated to be about the same as oil at $40 per barrel. The Bush administration, faithful slave of the oil companies, of course has refused to give any grant in this direction. With clean burning coal one could stop consuming hydrocarbons to generate electricity. Maybe Europe or India or China will look into this. Anyway, I hold onto 1171.HK, the only listed Chinese coal stock.