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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (273521)	2/11/2006 7:33:28 PM
From: RetiredNow	Respond to of 1574727

If I could answer that question, then maybe I personally could change the world. I do suspect it is because we have an oilman moron in the White House.

To: Road Walker who wrote (273521)	2/11/2006 8:18:26 PM
From: tejek	Read Replies (1) \| Respond to of 1574727

Startling article. For the past two years, I have been mostly investing in energy stocks so I have known for a while that geologists are growing more and more concerned about how much oil and NG we have left in the world's reserves. Since the mid 1990s, they have been finding that reserve estimates are too optimistic, but never have I seen the kind of minimalist projection like the one provided in the article I posted to Tim below......esp. for natural gas. Just for the record, NG usually is found next to oil in the ground, but for many years because it is highly volatile, it was simply burned off. Of course, that was before they built pipelines to carry the gas out. Now it is seen as a cleaner burning alternative, and during the summer months, the EPA requires energy users of AC equipment to switch to NG on days where the air is bad. Now in Canada, the NG supply is seen as limited....down to 8 years. Very worrisome. God knows at what reserve level the American industry is. I suspect a crisis is approaching......much sooner than I expected. Natural gas has eight years left Message 22156939