SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (65604)8/9/2011 10:31:36 PM
From: llap  Respond to of 207796
 
I sooooo much hope so. The oil price is just ridiculous. When I heard the tower story in Saudi Arabia that was my exact thought - hopefully they start building and have a ruin for decades as a symbol for the end of the freaking oil boom. In 1999 the oil boom started and since then real wages go down in America. Crash the crude.



To: da_cheif™ who wrote (65604)8/10/2011 7:41:54 AM
From: TheStag  Respond to of 207796
 
Today to 5 nov 2011 maybe a rally of 3 month coming for the DOW !



To: da_cheif™ who wrote (65604)8/10/2011 7:46:01 AM
From: Joseph Silent  Read Replies (1) | Respond to of 207796
 
If you look closely at the picture at the top of that that article, you'll see

why the Italian restaurateurs are so terrified of serving these guys at lunch. They eat very quickly and then take off with the red and white chequered tablecloths when no one is looking.

I proposed to the restaurateurs that they use tablecloths with huge pics of J Lo's bottom on them, so the Saudi's would look thoroughly fashionable ....... but it's so hard to break custom in Europe.

Those black rings are the synthetic trivets used to hold hot pans on lunch tables. They are now in short supply all over and there is no end of ruined tabletops.



To: da_cheif™ who wrote (65604)8/10/2011 8:18:34 AM
From: TheStag  Respond to of 207796
 
One day:
Valence Technology almost overtakes Exxon Mobil as the most valuable company

Now is Apple !
latimes.com



To: da_cheif™ who wrote (65604)8/10/2011 8:20:35 AM
From: dvdw©2 Recommendations  Read Replies (1) | Respond to of 207796
 
NOpec is a certainty. WTI is at a huge discount to Brent, this will increase as supplies ramp. Today 189 rigs are active in North Dakota, the Bakken is the larget active construction project in the USA. At 200 rigs the Bakken will be producing over 1 million barrells a day. The nucleated oil in Shale as a mystery is being unravelled, oil companies are adjusting and innovating, if your favorite oil company is not active in the shale basins its comparative costs will be too high. CHK will be opening the Utica Shales, which are adjacent to the IL basin, the Il basin contains more hydrocarbons than North Dakota, as the area was peppered with 46 kil of impactors, which widely distributed the oil. One of these rocks was big enough to have cracked the mid continent plate, which produced the largest earth quake in NA in the 1800's.

The soda straw oil business is rapidly reaching eclipse, oil particles in shale are measured in nanometers, these small particulate sizes have reached depths down to 15,000 ft.....whereas oil drilling in OH IN IL Penn. which has been in decline since the 60's barely tapped anything below 2500 ft. Soda straw is toast, while pools will still be found on the way to deeper depths, oil captured in shales will remain the target.

There are no dry holes in shale plays, the driller need only drill deeper, the center of the earth is approximately 1500 miles from the surface, shale formations being tapped right now are down less than 2 miles.

The concepts behind Peak oil were based on misconstruing the sources and origins of oil. Peak oil has been a levered construct that has been utilized by the International, as a way to elevate National Oil companies as the sole providers of crude.....this has enabled extortion which is soon to be overturned, Peak oil is toast.....it was never correct about how oil was made, and it was never correct about how much oil there is available, due to the limited depths of oil drilling, pre 2007. Under Peak oil IL OH IN pools were sucked dry long ago, none of those pools were at any depth, so claims about oil in these basins could not be known.

Nothing about Peak OIL can be asserted that has not now being overturned, by the recognition of Nucleated oil in shale. Meteor impactors laid the oil in across all the newly operating basins and over millions of years that fine oil particulate migrated through natural fractures created at the same time as the oil to now current depths.......

We are now well on our way to becoming the worlds major producer of crude....we are in position to counterprogram all the planned for contrivances set up under the peak oil myth, to enable socialisms claims about scarce resources.....oiligarchic malfeasance........will not be possible per the scripts previously submitted, thier momentum will implode, as broad understanding of the truths described herein are told.



To: da_cheif™ who wrote (65604)8/15/2011 9:48:14 AM
From: Zincman3 Recommendations  Respond to of 207796
 
foreignpolicy.com