Enerplus Corp (ERF)

[rhumphre1]

Already have that info. I am looking for what is STOCKPILED at " cheap drilling prices. " Just because it is being pumped and reflected as RESERVE OIL does NOT necessarily mean it is being sold at current pricing.

I truly think some countries ARE sitting on this " cheap oil " in very large quantities and waiting for the price to go up drastically. That is where you have the largest " bang for the buck " at!!! Just like stocks.....buy low sell high......pump low, sell high!

That is the data I would like to get my hands on but have never been able to find any reference to it. The best DATA that I have found to date is..........http://www.theglobaleducationproject.org/earth/energy-supply.php but it is fairly out dated data.

But as it shows, their is a TON of oil being " accumulated " by OPEC along with many countries. Now, if one can truly " believe " those numbers then obviously at some point, those RESERVES will peak out and then, IMHO I would expect to see a slump in production from some of the MAJOR PLAYERS within the Cartel and globally.

When that happens, I expect a short spurt ( rise ) and then steady climbing in the price per barrel as the " slump " continues. But the issue I have is are we REALLY seeing the accurate RESERVES data or not??? I am sure a TON of oil can be " hidden " in many ways and more than likely IS.

So, basically I am looking for that " how long " can OPEC sit on BILLIONS of barrels of stored oil at " cheap pricing " numbers and data??? I can find STOCKPILED & RESERVES info. BUT no way to find or calculate HIDDEN RESERVES, etc.!