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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (51480)3/16/2011 7:23:38 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 95383
 
Brent oil prices are a better indicator to follow, than $WTIC. Usually, it doesn't matter, as there is little difference between them. This has changed recently.

Brent at $110/b livecharts.co.uk



To: Return to Sender who wrote (51480)3/17/2011 8:26:10 AM
From: robert b furman1 Recommendation  Respond to of 95383
 
Hi RtS,

Excellent point.

It will not impact the US immediately,but as more on land domestic oil comes on stream from the Bakken shale, we will become an island that benefits from domestic production and less imports.

Oil's price being a globally set commodity - will not offer us a large discount - but it sure will add to our wealth creation - which drives other activities.

I saw this activity drive natural gas down in price here in Texas (with 2 huge shale deposits that are rich in natural gas).

It took 3-4 years.

Right now there is so much oil being found that pipe lines cannot keep up with supply.Railroads are being utilized to transport oil - which is somewhat less economical.Oil from shale is so inexpensively obtained that the transport costs are easily absorbed.

As stated this is a long term trend but I believe it will ALSO USHER IN A LONG TIME PERIOD OF WEALTH CREATION FOR USA.

As we enjoy the wealth creation,technology and infrastructure will once again accelerate.

Telecom infrastructure - satellites and photonics are areas ,whose time is nearing I believe.

Bob