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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (469)	5/6/2005 2:20:47 PM
From: wherry	Respond to of 1183

That's why it makes sense to buy and hold currently profitable, very long life oil sands stocks. COS.Un (Toronto) is the prime example. It has an RLI longer than most of us will be alive. Tony.

To: Jurgis Bekepuris who wrote (469)	5/6/2005 3:28:18 PM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 1183

> That was a double negative and my brain is frying. :) Ouch! sorry! (you can be my translator!) :) > The stocks of oil/gas will go up on the news of the peak and > maybe within 1-2 years of the peak. After that they will > probably go down a lot as their recoverable resources shrink, > they get kicked out of different countries and possibly > nationalized Interesting. One reason to nationalize may be to help counter the probably widely held conviction that the oil shortage is artificial. That, and the inevitability that countries will want to make sure that their resources stay at home at least as much as needed. What do you think about coal stocks? Perhaps the ones that have multinational operations will also be in danger of being nationalized. - Charles

To: Jurgis Bekepuris who wrote (469)	5/7/2005 11:16:31 PM
From: Bill on the Hill	Respond to of 1183

My son established the historic points on the preliminary pad layout for 10,000 gas well locations beginning on the Roan Plateau of Northwestern Colorado yesterday. I think for Encana. His first layout covered nine townships. Over 324 square miles to start with. Miles and miles and miles of sagebrush, antelope, mule deer and rabbits. They covered it with a jet Ranger copter at $950 per hour. Only took him 9 hours to layout boundaries using his GPS. That is why they asked my son. BLM trained him like a mountain goat. Rope and all. Now they give him a Ranger. They are going after the gas. Fast tracking so it seems. Oil shale soon to follow.