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To: lexi2004 who wrote (175604)7/2/2008 12:03:25 PM
From: casinomom  Read Replies (2) | Respond to of 208838
 
I was just going to post about a decent add point- thanks lexi. I added agix here @ .55- last time I did it worked very well but has been quite awhile since it has been down this low...never expected some of the lows we are getting on stocks I watch - been trying to think really really low since the past few stocks I have bought have been too soon and are going to require case by case strategy to get out with profits since I do not have unlimited funds- lol



To: lexi2004 who wrote (175604)7/2/2008 2:48:55 PM
From: Dave54  Read Replies (1) | Respond to of 208838
 
O.T. Hi Lexi,

Saw your discussion on offshore drilling and your concerns on another board. I was having this same discussion last weekend, so I thought I would share with you some findings I dug up, the following is a C&P of my post:

Actually drilling rarely results in oil spills these days.

Most recent stats I could find come from the EIA website, here are the sources of oil in our waters:

63% from natural seepage from ocean floors.

32% from user, power boating, jet skis, etc.

2% from ships and barges.

1% from pipelines.

1% from drilling activites

These figure were a summation of findings from 1990 to 1999, since 1999 there has been many additional improvements in drilling tech.

Of interest logs from Spanish Galleons in the 1600's, that sailed from Mexico, mentioned sailing for 3 days to get through oil slicks, way before there were any oil companies extracting resources in the GOM.

There is absolutely no sound environmental reasons not be exploring for oil and gas off all our shores.

Dave.