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To: energyplay who wrote (67225)	8/11/2005 4:54:32 AM
From: elmatador	Respond to of 74559

For fun? Yes! Let's speculate about what could happen at $750 a bbl. - "There are over 600 million motor vehicles in the world today." We will just rake in the cash!!! -Snowshoe asks Elmat to help him emigrate to Curitiba - Northern hemisphere people trying illegally to emigrate to the tropical belt. Europeand accused of destroying the envionment by burning the trees to heat their homes My daughter wants a Lotus Spirit for Xmas. I say: No! But daddy, she says, we have all this money from ethanol!!!" Sugar prices (today above 10.2 US cents a pound for the first time since early 2001) will reach USD2 a pound. That because Brazil stops producing sugar and crank the destilliries for ethanol. -Immensely fat people being carried in wheelbarrows. -Illegal immigrants pedaling rickshaws in every major city

To: energyplay who wrote (67225)	8/11/2005 9:02:03 AM
From: Moominoid	Respond to of 74559

For fun, Let's speculate about what could happen at $750 a bbl. - Also massive switching to coal and synfuels from coal and to a lesser extent Nat Gas, because its supply is probably more constrained. LPG vehicles, electric vehicles. All these take a investment time lag, so before they get really online lots of new oil exploration, and very bad recession as both transport and agriculture get a lot more expensive.

To: energyplay who wrote (67225)	8/19/2005 4:32:23 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Oil field starting at R$1.000. If you thought oil business was only for Petrobras, Shell, Exxon and other giants, you might be mistaken. Brazil's ANP (the oil regulator is auctioning oil fields for as low as R$1.000 to R$1.000. 17 blocks of inactive areas with marginal acummulation. Wants to attract small enterprises. ANP found several fields that Petrobras was not interested and they will abandon them. To test the idea the Quiabina pilot field was developed by Bahia's University to test of the idea was economic viable. It invested R$ 300.000 and produced 10 mil barrels last year. Sold the oil to Petrobras at a profit of between US$ 4 million to US$5 million E nesse trabalho a gente identificou uma série de ações que tivemos que fazer, como negociar pagamento de aluguel de sonda a prazo, com um carnê - diverte-se o diretor. To participate in the auction one need minimum R$10.000. But those are for small production not more than 100 barrel/day. Perhaps a BRE-X type of deal to attract the less cautious. I translated from Portuguese because I couldn't find it in English.