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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (6594)	1/12/1998 7:46:00 AM
From: anyer	Respond to of 11888

Pipeline and rail run over concession. Production from Uzen already transported this way. Hurricane already making money with 12$ oil and wants to get a better price by shipping to China by rail; see news on HHLAF. Karakuduk [CHAR] and Begesh[AIPN] both aprox. 10 miles from railpipe head. Very easy to build caleche or oil topped road to these fields as the terrain is friendly; not very costly either, like in Columbia. If you have ever been to West Texas you'll know what I mean. Incidentally, those fleets of trucks in West Texas are not carrying oil but water which has to be transported regularly to the wells by caleche road. The water is necessary to flood the reservoirs to get oil to come to the pumpjack. Some of these wells cost 10$ per barrel just to produce; now you know why the O&G industry likes its depletion subsidy and probably would be against a flat tax code. If we see 12$ oil many wells in Tex, Ok, and La would be shut while places like KAZ would thrive. The smart money in O&G is leaving the US. No doubt about it, domestic O&G fears 12$ oil. Imagine an automobile which you had to stop every mile or so to air up the tires to keep going. Oh, well, your federal tax dollars at work in the domestic oil patch! I can use all the luck I can get. Maybe AIPN will run up and I can sell to buy CREAF[ do they compete against TDFX and TDDDF?] Regards, Anyer