Subj : Lookin' for oil To : Deuce From : Finnigann Date : Mon Aug 29 2005 23:39:00 -=> Deuce wrote to Tharius <=- De> Re: Re: Katrian Update De> By: Tharius to Newborn on Sat Aug 27 2005 23:43:00 > The only bet I'm going to take is that the following will increase the price > of oil : > > A new __major__ deposit of oil has been found. > In a friendly country who has generally modest/moderate politics and no > history of violent uprising. > That is eager to offer concessions to north american producers to help bring > the wells to fruition. > Can be pipelined, no need for tankers. > Looks to be premium crude, in an area which is a non-environmentally > sensitive area. > Can be developed and brought to market reasonably quickly. > Decides to co-operate with major oil producing nations to ensure price > stability. De> It's even better than that: De> Many americans are unaware of the Alberta oil sands. Essentially, it's De> sand that's filled with oil. De> So... De> 1) Canada's pretty darn friendly. I always thought so too. De> Total reserves are estimated well over the total for Saudi Arabia. De> Of course, it may be time to start looking into investing in oil shale De> mining in the USA. Much of our hydrocarbons are in the form of coal. We got coal like the middle East has oil (and apparently Canada). I think the key will lay in alternates and conservation. .... I don't suffer from insanity...I enjoy every moment of it --- MultiMail/Win32 v0.46 .