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

To: t4texas who wrote (174193)	11/16/2012 11:42:34 PM
From: Brian Sullivan	Respond to of 206183

the Monterrey Formation I guess its just a gift to future generations.

To: t4texas who wrote (174193)	11/17/2012 1:15:05 PM
From: Paul Senior	3 Recommendations Read Replies (1) \| Respond to of 206183

Regarding California and shale: "...my position on california doing almost anything new relative to fossil fuels is they suffer from the tyranny of the majority..." My opinion is that the oil companies involved there are doing something positive regarding shale development. And unlike the response to your comment "I guess its (shale) just a gift to future generations",I am betting that I'll see shale development in California that's very good for the stocks of oil companies involved. (And hopefully development that's not disruptive to earthquake fault lines or available water supplies) I have recently been buying and adding to my position in OXY. "More than one-fourth of Oxy’s California production currently is from shales." oxy.com. I also hold positions in HES and CNQ which also have interests in the California Monterey.