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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (100744)	5/11/2008 1:47:06 PM
From: upanddown	Read Replies (3) \| Respond to of 206085

Compare that with US$10 billion in investment was planned for 92 greenfield cane mills. Compare that with "The company’s Tupi and Carioca fields alone are estimated to contain 33 billion barrels of oil equivalent, requiring about $600 billion to develop." ElMat, have you heard anything about contract awards from PBR? Some of us here are skeptical as to whether you can create a full message without ever using the word ETHANOL. I know you can because you have covered that subject VERY VERY thoroughly.<ggg> Maybe time to move on to a new subject like oil rigs? Cão Grande, in his original post to start this thread more than seven years ago said... Never ever forget that without oil/gas the world as we know it grinds to a halt in very short order. It is for that reason that the drilling rig may be the single most important tool of the first part of this new century. John

To: elmatador who wrote (100744)	5/11/2008 10:43:44 PM
From: SEDCO 445	Read Replies (1) \| Respond to of 206085

El , Brazil seems to be doubly aggressive in solving the 2 parallel issues on fuels, I commend their approach. I like the Brazilian models on Fashion TV also Hydrocarbons from the deepwater areas and biofuels from Sugar Cane. I wish we had a government that would cooperate to address the energy problems in the USA. Additionally Petrobras seems to have always had a good Rig contracting strategy, able to give longer terms and get cheaper rates. Let's see how their strategy pans out this week or next for the 'newbuild rig spree'. It should be very interesting. The comments on raw materials is very valid. Steels for the HP piping , the marine risers and HP choke and kill lines, etc. All the various "Rig Packages" componens that NOV supplies, and as the say NOV= No Other Vendor. Watch that one move next week. JMHO Sedco 445 a Deepwater Pioneer