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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (2436)	12/16/2014 1:47:50 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26863

Maybe the US is trying the Brazilian model, get it ourselves from our own land. As far as I know Brazil has been free of importing crude for about ten years. It has taken Brazil 25 years to get where they are now . (free of imported crude). They are probably a model for other countries that want to kick the crude habit. Funny! Are you aware how big Petróleo Brasileiro S.A. - Petrobras (PBR) is? http://finance.yahoo.com/q/pr?s=PBR+Profile Petróleo Brasileiro S.A. ? Petrobras operates as an integrated oil and gas company in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants. The company?s Refining, Transportation, and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, as well as exports ethanol and invests in petrochemical companies. This segment is also engaged in the extraction and processing of shale. Yeah, they are a "real model" of how to kick the crude habit... right up there with Exxon!

To: Jerome who wrote (2436)	12/16/2014 1:52:28 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26863

btw, we could follow the Brazil model of "kicking the crude habit" as you say by drilling off the coast of CA and in Alaska.... Not saying I am for it, but Brazil destroyed the rain forest for crops that consume far less CO2 to produce oxygen.... Would have done better to go solar but not as much money in that compared to selling hardwoods from the rain forest and replacing it with corn and sugarcane.