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


To: ChanceIs who wrote (105345)7/18/2008 9:20:12 AM
From: CommanderCricket  Respond to of 206148
 
Look at all the new development

"Jack" in GOM, Campos Basin salt plays, the oil sands, tight shales, deep water Angola, etc...

These projects can not be supported on $80 - $100 crude especially with cost inflation in the patch.

Prices drop and these programs come to grinding stop.

No Elmatador, I do not believe PBR can develop their deep water properties for $30 (or what the latest PR says)