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.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (210732)	7/4/2007 3:39:35 PM
From: Brumar89	Respond to of 793927

No. The ME is going to be a major supplier of the worlds petroleum regardless of who their customers are. Plus the ME is beginning to develop their natural gas reserves for the LNG market, which is going to expand dramatically. Billions are being invested in drilling, natural gas trains, LNG carriers, and new LNG terminals. So in the future, a growing part of the world's natural gas is going to come from the ME.

To: skinowski who wrote (210732)	7/8/2007 9:56:43 PM
From: Mary Cluney	Read Replies (3) \| Respond to of 793927

<<<No matter how much oil we may be able to discover, the ME will still remain a large part of the global energy equation.>>> How much oil do we have left? Any guesses? Is there enough oil to last another 100 years? We have not had any major new discoveries of oil for quite awhile now. If it's only going to last another 100 years, that is not that much time to shift to something else. It's not worth the fight. Why not start the switch over now. Let the ME have their oil. Besides, oil is fungible. Unless they decide not to sell any oil, it doesn't matter who they sell oil to.