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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (7109)6/8/2004 6:43:56 PM
From: energyplay  Read Replies (1) | Respond to of 11633
 
I want what they're smoking ! It must be REALLY GOOD SH**T !

Short of a worldwide depression and finding another Alberta, North Sea, and East Texas....no way.

******

Some one looks at the commodity price cycles on a long term graph, and expects the oscillation to continue.

Just like tech investors draw straight line on stock charts, and expect them to go on forever...

******

Physical reality intrudes.

********************

Note that ERF was up today, still has a post-Barron's effect. If even a tiny fraction of the Barron's crow discoverys royalty trusts, prices will soar. Royalty trusts were also mentioned in Buisness Week about an issue ago.



To: bill who wrote (7109)6/8/2004 8:13:38 PM
From: a.handbag.  Read Replies (1) | Respond to of 11633
 
Fred Leuffer, the oil analyst for Bear Sterns, wrote a note to clients in which he opined that oil would fall to $20 in 2005. This is for him a bullish call, as he has been predicting $18 oil for the last three years. We need this sort of thing to counteract the articles in magazines such as National Geographic which predicted the end of the oil era and which screamed Contrary Indicator. I love to hear those bogey words "awash", "glut", "flood", "wall of oil". Fade the noise.



To: bill who wrote (7109)6/8/2004 9:47:48 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 11633
 
Oh bill I'm getting Hot... hot.... 20$ a barrel ? ... HOT I SAY... bring it on I've got cash... lots of cash... ;o)



To: bill who wrote (7109)6/9/2004 9:42:33 AM
From: gg cox  Respond to of 11633
 
LOL, think about this quote bill,keeping China in mind, had it on the old computer and I trotted it out often..did a google "exponential oil" the important part came out , top of the list.

"""""""When I discussed the exponential function in the first-semester calculus classes that I taught, I invariably used consumption of nonrenewable natural resource as an example. [...] I described the following hypothetical situation. We have a 100-year supply of a resource, say oil — that is, the oil would last 100 years if it were consumed at its current rate. But the oil is consumed at a rate that grows by 5 percent each year. How long would it last under these circumstances? This is an easy calculation; the answer is about 36 years. Oh, but let's say we underestimated the supply, and we actually have a 1,000-year supply. At the same annual 5 percent growth rate of use, how long will it last? The answer is about 79 years."""""
gg
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