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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (55683)	10/1/2009 3:38:54 PM
From: ggersh	Read Replies (1) \| Respond to of 217891

They are moving to expand in South America.

To: energyplay who wrote (55683)	10/1/2009 9:14:08 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217891

<<The opportunity in China is immense>> ... i figure 35-45% of global pie. <<it would still be useful to have assets that are not a tightly correlated with China's economy>> ... must define tightly. mexican real estate vs gold? :0)

To: energyplay who wrote (55683)	10/3/2009 4:27:13 AM
From: elmatador	Respond to of 217891

We don't want to sell crude oil. We want to sell added-value products. That's why we are building new refineries. We want to sell gasoline. Maria Bartiromo talks to Brazilian President Luiz Inácio Lula da Silva businessweek.com we will lace the gasoline with ethanol and sell ready mix. "Global ethanol demand will represent 12 to 14 percent of the global gasoline pool by 2015," said the report. ("Global Biofuels Outlook: 2009-2015") report. The overall increased use of biofuel in many countries around the world will make a dent in the world's consumption of traditional gasoline, according to Hart. news.cnet.com

To: energyplay who wrote (55683)	10/3/2009 6:02:14 AM
From: elmatador	Respond to of 217891

Appetite for capital spreading: Angola needs to spend $600 billion during the next 15 years to improve its infrastructure and skill base to reduce the nation’s dependence on oil revenue, the Angola Press Agency reported. The spending is essential if Angola is to transform itself into a service-based economy by 2025, the Luanda-based news agency said, citing Alves da Rocha, an economist at the Catholic University of Angola and a consultant to the Ministry of Finance. Angola’s oil revenue currently accounts for more that 80 percent of the country’s annual budget, Da Rocha said, according to Angop. To contact the reporter on this story: Candido Mendes in Luanda (Angola at cmendes6@bloomberg.net