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Energomash” (Russia) to invest in 2006-2007 USD250 million in production upgrading
Russian market news
Major portion of the investments will be forwarded to purchasing several technological lines for machine building plants of the company manufacturing power equipment.
*******
Russian market news
Powerful plant for refining heavy oil processing residue to be constructed in Russia
“RusAl”(Russia) and “Taif” (Russia) signed a memorandum of intention to construct a plant for processing mazut in Nizhnekamsk which will produce 400 thousand tons of coke and 2,5 million tons of light petroleum products per year. The total scope of investments in the project is about USD 700 million.
http://www.gorodissky.com/467468/
Good Morning,,
I am prosperous in every area of my life...And we will both be more prosperous when we get a Press Release.. LOL the time is right..http://stockcharts.com/h-sc/ui?s=KSWJ&p=D&yr=0&mn=1&dy=0&id=p44659289623
Conclusion:
At present, the work on a developed variant of the converter are in progress at the Glushko “NPE Energomash” company (Moscow). This setup would allow a deeper insight into the physics of observed phenomena. Another aim is the creation of commercial samples for various practical applications.
Very Nice !!
Kim
Some relevant info..
http://www.investorshub.com/boards/read_msg.asp?message_id=12590958
Well at the volume today 4 - 5 million could be a ways off...lol
We are doing it the hard way... but we are doing it.. We need a few more 4 to 5 million share sells to shake out any more weak hands and than as now it looks like we will be going up on any volume at all...http://stockcharts.com/h-sc/ui?s=KSWJ&p=D&yr=0&mn=2&dy=3&id=p52394147348
TAKE A VALLIUM
"Guess we will know in the next couple of days." You're an investor? LOL That statement will be the KSWJ epitaph.
Hi censors, do your thing you bunch of cowards.
DONT KNOW , But I see no shares traded today maybe the MMs hafd a collective heart attack,or maybe account holliday in Canada and long weekend in the states everybody buggered off for the long weekend. Guess we will know in the next couple of days.
regards
I have just been sending to KSW and George's hotmail address as I have given up on Energomash. I am really surprised George hasn't given in and replyed as he was sure quick before and you can tell from previous emails that he did care.
Maybe I will try Energomash again though.
I sent Energomash 2 emails recently.
I sent KSWJ 3 emails recently.
No replies.
Are you still emailing them on a fairly regular basis?
Yes Kswj could give shareholders an update
no..it's time for real news Rocket...but, I like your optimism.
FORDGT can't be with us at the moment but here is his chart.
The chart on this stock again made a marked improvement,,,,,, check it out and tell me what you think http://stockcharts.com/h-sc/ui?s=KSWJ&p=D&yr=0&mn=1&dy=3&id=p05213105260
Invest along with me the best is yet to be...... I disclaim any action you choose to take that loses money ,,, remember we are all just guessing !!!!
Thanks, Rocket did have this board approved by Matt.
I set up a KSWJ Proboards site just in case.
http://kswj.proboards82.com/index.cgi
Just set it up in case Ihub complains about 2 forums for the same company. Proboards is ready to go and easy to use. I do not have the time available to run it so I would have to give it to someone else to admin and moderate, but it is ready to go for threads, news and posting. If needed or wanted.
Just trying to be helpful.
Dr.D
Why the need to defend bashers?
Bashers have information. That's it. They know what they're doing, and what they're talking about, because they misrepresent the information with their intent.
Their intent is to discourage and manipulate the investors to sell to increase liquidity and selling pressure against the low demand to drive the price down (or keep it down), so that the individual or entity that the basher represents (even if it is their own position)can obtain the shares that they are in need of in order to cover a short or naked short position.
Either way, it is market manipulation pure and simple. Even if the regualtors have been reluctant to pursue or prosecute, it is still illegal. Not to mention immoral and unethical.
With the inteligence and vigilence that some bashers approach their prey, they could very easily obtain alliances or utilize their skills in a more productive and beneficial industry to society than crushing companies and small time investors along with thousands of indiviudals hopes and dreams.
I cannot wish bashers good luck in their ventures, as I believe that would only come at the demise of true investors, so I will abstain.
I have not singled any member or basher out by name, my comments have only been to make investors aware that individuals are trying to pollute or misconstrue a fair view of the information that is at hand to be analyzed.
Bashers presence here is a good sign that someone needs what we have and that is our shares. Regardless of the status of the company or the viability of them being a going concern, the presence of bashers indicates someone needs our shares and that is good news if nothing else is to be known about KSWJ. IMHO of course.
Dr.D
Hi Janice,
Actually, I learned extensively from the ongoing saga of CMKX along with the formerly lightly treated indiscretions of the marketing system and it's extended counterparts.
More is seen and known than will ever be revealed or exposed in all venues. We have to remember something, nothing is hid from "Big Brother", if he wants to know it. Nothing.
Be well.
Dr.D (Frank)
Is there any new information about KSW Industries?
I have owned this security for a while and have not kept up with it, to my own shame.
This is a company that I simply bought on a hunch and I still feel good about it although reason is difficult to grasp at this time.
I have friends and contacts all over the world, so if someone can give me a sincere lead or address, I will have someone check it out.
It does appear that KSW has different intities from the main company that incorporated around joint ventures.
I have several million shares and I have no intent to sell them whatsoever, but I would like to try and get to the bottom of the developments since the trading halt.
For general information: When you see bashers like some of the well known ones continuing to hammer KSWJ after the usefullness of bashing it is apparently past, then it is a possible indicator that someone has a vested interest in trying to get you and I to sell our shares. Thee bashers are not doing this for our own good, they have monetary gain in mind, regardless of what they might proclaim. In my absolute humble opinion of course.
These are all my opinions and I do ask that you treat them as such.
Success
TIA
Dr.D
I still have yet to get word from a local university professor who I asked to translate the Energomash email.
Problem is, they are currently between summer school and the start of the new year, so all faculty is probably enjoying vacation time......
We dont need bashers,as we all know what the risks are and accept them.at least i didnt buy enron. GO KSWJ
Great new site and I'm glad everyone is positive here. Todays volume was very interesting with some 3,000,000 block trades.Someone got scared but someone else has faith to buy.
Also, in Mondays National Post, in Canada, there was an excellent article about how the tar sands are hurting Alberta"s water supply and creating serious polltuion from the extraction process. It looks like they are in need of a new process. Come on KSW....
Keep up the good work...
Has anyone sent a letter off to KSW Via Delaware Business Incorporators? I have not been able to so far but I intend to as soon as possible.
Kim
Ya i'm suppose to go with JB sometime but never have the time/rush rush thats how it goes
LOL..That's for sure!!
OT: Hope you had a good trip.. Perhaps one of your trips out this way you'll have time to come up here and do some fishing.
Cheers,
Kim
When they start talking KSW with go Ka-boooooom
This is interesting..
A quick recap...
Mr. Marat Shteyn- President and CEO -46, is also Chairman of M&S Holdings Inc a diversified holding company involved in construction, new business start-up ventures and research and development located in Toronto, Ontario Canada. He has over 20 years of experience in mechanical engineering, automobile mechanics, and international distribution. In 1994, Mr. Shteyn co-founded CRT International Inc., a distributor for Royal Building Systems ltd. of Woodbridge, Ontario Canada. The company recently completed a $32 million ($US) contract to supply 800 pre-fabricated housing units for construction on Russias Sakhalin Island Which was devastated by an earthquake in 1996. Mr. Shteyn received a degree in mechanical engineering in 1984 from Polytechnic Institute in Minsk, Belarus.
http://64.233.167.104/search?q=cache:65pPY6XQktMJ:w01.international.gc.ca/minpub/Publication.asp%3Fp...
M&S Holdings= SM Holdings?.. All Energomash names..Sibmash ..
http://64.233.167.104/search?q=cache:wH1W-NISv_0J:eng.smh.ru/doc.asp%3Fid%3D225+sergey+vladimirovich...
http://64.233.167.104/search?q=cache:wH1W-NISv_0J:eng.smh.ru/doc.asp%3Fid%3D225+sergey+vladimirovich...
Well lets hope we have the rebound today! Today is the 31st so the list of officers has to be updated on the nevada filing.
Posted by: duelittle2
In reply to: None
Date:3/19/2006 12:53:24 PM
Post # of 4654
***KSWJ....
"New direction in refining of heavy petroleum and petroleum by-products"
"possible to obtain output of 20% of gasoline and 60% of diesel fractions"
------------------------------
George Anderson, President of KSW Industries commented, "We believe that our unique and proprietary process methods could revolutionize the way heavy oil is processed. A combination of factors including environmental and political concerns, make the timing of our solution unique." He added, "The ability to convert heavy oil into a usable, high-quality product will prove to be invaluable to the multitude of companies looking to develop this resource into a marketable end-product."
http://biz.yahoo.com/iw/060317/0113674.html
-------
"The largest Natural bitumen and extra-heavy oil deposit is located in Alberta, Canada. Alberta’s bitumen deposits comprise at least 85% of the world total bitumen. Deposits amount to about 1700 billion barrels of bitumen"
http://www.kswindustries.com/
--------------------------------------------------
From the Home Pages
"Oil prices are up more then 100% since 2003, reaching a high of over $70.00/barrell in 2005. High prices, coupled with improvements in mining, handling and refining of heavy oils are expanding their marketability. Heavy oil production costs have been nearly cut in half since the 1980s, to about $10 per barrel, with more innovation on the way. The petroleum industry is spending billions on new methods to get the estimated 6 trillion barrels of heavy oil worldwide – equating to nearly half of the earth’s entire oil reserve.
Extra-heavy oil is recorded in 219 separate deposits, found in 30 countries and in 54 different geological basins. The largest Natural bitumen and extra-heavy oil deposit is located in Alberta, Canada. Alberta’s bitumen deposits comprise at least 85% of the world total bitumen. Deposits amount to about 1700 billion barrels of bitumen. 90% of the known extra-heavy oil can be found in the Orinoco Oil Belt, part of the Eastern Venezuela basin. These two locations alone represent about 3 600 billion barrels of oil."
----------------------------------
EM-100 is a technical approach to control different physical chemical processes. EM-100 uses the aid of electromagnetic waves on the media and is based on fundamental scientific ideas incorporating physics, chemistry, biology and information theory.
EM-100 utilizes physical chemical processes's, within the hydrocarbon liquid(oil, petroleum products, etc). The method allows the organic interconnections of the hydrocarbon liquid to be destroy, chemically modify and enter into controlled reactions.
New direction in refining of heavy petroleum and petroleum by-products use a wide arsenal of physical methods such as Cathode-Ray, ultrasonic and lasers. There are optimum parameters determined for processing of heavy petroleum fractions with a boiling point of more then 400. Beams of high-energy electrons, Make it possible to obtain output of 20% of gasoline and 60% of diesel fractions. It has also been determined that the radiation treatment serves as an effective desulphurization of motor fuels. EM-100 uses higher frequency then microwave, by utilizing electromagnetic vibrations in the infrared region. More specifically in the region of visual-light and ultraviolet region. This allows for actions on the chemical reactions coherent by laser emission to be more accurately controlled, based on fundamental scientific mechanisms of the resonance interactions in the substance and of the electromagnetic vibrations.
http://www.kswindustries.com/
Bitumen
http://en.wikipedia.org/wiki/Bitumen
Good oilsands site
http://www.worsleyschool.net/science/files/tar/tarsands.html
Posted by: globeking500
In reply to: None
Date:3/22/2006 8:31:14 AM
Post # of 4656
CBS News story on "The Oil Sands of Alberta" ...There’s an oil boom going on right now. Not in Saudi Arabia or Kuwait or any of those places, but 600 miles north of Montana.
In Alberta, Canada, in a town called Fort McMurray where, this time of year, the temperature sometimes zooms up to zero.
The oilmen up there aren’t digging holes in the sand and hoping for a spout. They’re digging up dirt — dirt that is saturated with oil. They’re called oil sands, and if you’ve never heard of them then you’re in for a big surprise because the reserves are so vast in the province of Alberta that they will help solve America’s energy needs for the next century.
Within a few years, the oil sands are likely to become more important to the United States than all the oil that comes to us from Saudi Arabia.
Correspondent Bob Simon reports.
Twenty-four hours a day, 365 days a year, vehicles that look like prehistoric beasts move across an arctic wasteland, extracting the oil sands. There is so much to scoop, so much money to be made.
There are 175 billion barrels of proven oil reserves here. That’s second to Saudi Arabia’s 260 billion but it’s only what companies can get with today’s technology. The estimate of how many more barrels of oil are buried deeper underground is staggering.
"We know there’s much, much more there. The total estimates could be two trillion or even higher," says Clive Mather, Shell's Canada chief. "This is a very, very big resource."
Very big? That’s eight times the amount of reserves in Saudi Arabia. The oil sands are buried under forests in Alberta that are the size of Florida. The oil here doesn’t come gushing out of the sand the way it does in the Middle East. The oil is in the sand. It has to be dug up and processed.
Rick George, the Colorado-born CEO of Suncor Energy, took 60 Minutes into his strip mine for a tour. He says the mine will be in operation for about 25 years.
The oil sands look like a very rich, pliable kind of topsoil. Why doesn’t oil come out when squeezed?
"Well, because it’s not warm enough. If you add this to hot water you’ll start the separation process and you’ll see the oil come to the top of the water and you’ll see sand drop to the bottom," George says.
It may look like topsoil but all it grows is money.
It didn’t always. The oil sands have been in the ground for millions of years, but for decades, prospectors lost millions of dollars trying to squeeze the oil out of the sand. It simply cost too much.
T. Boone Pickens, a legendary Texas oil tycoon, was working Alberta’s traditional oil rigs back in the '60s and remembers how he and his colleagues thought mining for oil sands was a joke.
"Here we are sitting there having a drink after work and somebody said this isn’t going to, it isn’t possible. It’ll all have to be subsidized to a level, said, before they’d make money you’d have to have $5 oil," Pickens says laughing. "We never thought it would happen."
But then $40 a barrel happened and the oil sands not only made sense, they made billions for the people digging them. But it wasn’t just the price of oil that changed the landscape, it was the toys. That’s what they call the giant trucks and shovels that roam the mines.
Everything about the oil industry has always been big. It’s characterized by bigness, from the pumps to the personalities. But up here in Alberta, it’s frankly ridiculous. The mine operates the world's biggest truck. It’s three stories high and costs $5 million. It carries a load of 400 tons of oil sands, which means, at today’s oil prices, each load is worth $10,000 dollars.
What it’s like to drive one of these monsters? At the foot of a tire, we asked the driver, Jim Locke.
"You have 14 steps going up, and at my house you have 14 steps to the bedroom. So it’s like going upstairs in my house, sitting on my bed and driving the house downtown," says Locke.
But getting downtown is just the beginning. The oil sands then go into a plant. They’re heated in a cell, which separates the oil from the sand. The result looks like something out of Willy Wonka’s chocolate factory. This oil froth is then sent to an upgrader and eventually to a refinery.
Asked if the processed oil is as good as that pumped in Saudi Arabia, Mather says, "Absolutely as good as. In fact, it even trades as a, at a premium because it’s high quality crude oil."
CBS story ...part 2
The capital of the oil sands frenzy is a frontier town called Fort McMurray, which isn’t in the middle of nowhere. It’s north of nowhere and colder than the Klondike, but a boomtown just the same. The local hockey team is called the "Oil Barons." They’re on a winning streak.
Is this comparable to a gold rush?
"I think it’s bigger than a gold rush. We’re expecting $100 billion over the next 10 years to be invested in this area — $100 billion in a population that, currently, is 70,000 people," says Brian Jean, who represents the region in Canada’s parliament.
Pickens is one of those investors. He runs a hedge fund in Dallas and is now a true believer.
"We’re managing $5 billion here. And, about 10 percent of it is in the oil sands. So, it’s the largest single investment we have," Pickens says.
And if oil sands are the answer for investors, does Pickens think the oil sands are the answer for the United States?
"Oh, I think so," he says.
Most of those lumbering trucks are on their way to the gas tanks of America. A million barrels a day are now coming out of the oil sands and oil production is expected to triple within a decade. It won’t replace Middle Eastern oil but at that point it will be the single largest source of foreign oil for the United States, even bigger than Saudi Arabia, which sends a million and a half barrels a day to America.
Greg Stringham, who works for the Canadian Association of Petroleum Producers, says surprisingly, that Washington has only been paying attention for the "last couple of years."
Stringham often lobbies for the oil sands in Washington. He says that in Alberta you don’t have to look for the oil sands — the earth moves.
"When it comes to exploration in the oil sands, you can’t drill a dry hole. It’s there," he says. "We know where it is. They’ve outlined it. You don’t have any risk. But other conventional sectors around the world, there’s a huge exploration risk."
The exploration risks are the least of it. Much of the world’s crude is in the Middle East where the instability is deeper than the oil. When Alberta’s blue-eyed sheiks took to Wall Street last summer in their Stetsons to drum up support for the oil sands, their message seemed to be, "If you can’t trust Alberta, who can you trust?"
"Alberta is a very good place to do business. It’s a very stable environment," says Mather.
The bonus for Canadians, aside from the treasure, is the notion that Americans might have to start treating them with a little less condescension.
"With their oil, I think we’re going to need them a lot more than they need us," says Pickens.
"We may appear in Canada to be a mouse compared to the elephant down south in terms of diplomacy or politics. But in terms of resources, we are mighty equals," says Mather.
There have been grumblings out of Ottawa that Canada should consider using the oil sands as leverage in its serious trade disputes with the United States.
Does Brian Jean think America is taking Canada for granted on the oil sands?
"Absolutely. And I think most people, most Canadians believe that," he says.
And the Canadians have alternatives. The Chinese, for example, are just dying to get a piece of the sandbox.
"I’ve been contacted personally by Chinese delegates that want to get into the plant sites here and want to see and want to invest," says Jean.
Asked what he thinks about the Chinese interest in the oil sands up in Alberta, Pickens says, "At first I thought they were tire kickers. But I think they’re serious buyers."
CBS story... part 3
And the millions of Chinese who have moved from their bicycles to traffic jams are driving up the demand for oil. It’s virtually insatiable and the Canadians want to step up production quickly. What’s holding them back is labor — the shortage of it.
Brian Jean says another 100,000 people are needed in Fort McMurray.
That’s why one oil company has built a runway to fly workers daily from civilization to Fort McMurray. But why would anyone want to come work in a place where temperatures plummet to 40 below and the sun sets shortly after it rises in the long winter? Well, perhaps because the oil companies pay some of the highest salaries in North America.
Take Josh Lichti, who says he could be making $120,000 by the time he is 22.
"It’s amazing," he says.
But even if workers come flocking, the oil companies still have other problems. Creating energy from oil sands requires so much energy that the oil companies wind up spiking greenhouse gas emissions.
"And they do it in volumes that exceed any other production of oil crude anywhere on the planet," says Elizabeth May, the director of the Sierra Club of Canada.
She takes issue not only with what the oil sands are doing to the atmosphere, but to the land. The oil companies, environmentalists say, are digging up an entire province. Take a helicopter ride over the mines and you’ll think you’re flying over the moon after a moonquake.
"One of the reasons they can be mined the way they’ve been mined is the out of sight, out of mind aspect of it. And your film crew is one of the few that’s gone in there to look at how devastating this is," May says.
Even money men like Pickens have noticed. "Can’t argue with it. I mean, there’s no question that, that they’ve got a mess up there. But I do think they’ll take care of it over time," he says.
The oil companies say they will reduce greenhouse gasses and they point out they are required by Canadian law to refill old mines and plant new trees, and that is happening — slowly. One company, Syncrude, has even introduced bison to land that once was a barren pit.
Rick George of Suncor Energy insists in the future people won’t recognize the mines. "So what you see today is a mine. What you’ll see 10 years from now is a replanted forest," he says.
"You’re telling me that if I come here, it’s gonna be pretty?" Simon asks.
"Absolutely," George says. "These sites will all be going back. Now we’ll be minin’ at a different location at that point.
"This will look forested when we get done with it in 20 years time."
But there is a larger question that not only environmentalists are asking: will the availability of an enormous supply of secure oil right next door mean America will have little incentive to reduce its dependence on oil?
"What Canada’s doing," says May, "is continuing to feed the U.S. addiction to fossil fuels, instead of being the kinda friend who says, 'Let’s make a helpful intervention here.' We're acting as the supplier of a drug fix to the U.S., while all the time saying, 'Just say no.' But we keep selling it."
But unless the Chinese go back to bicycles and Americans trash their SUVs, there will be buyers — for oil anywhere, no matter how it’s found or mined. Right now, Canada has become the land of opportunity for oilmen. They will tell you there is little else on the horizon.
"Bob, if you take a tablet and put on it where is supply gonna come from that we don’t know about today. And you put down all the optimistic points, that tablet will basically be blank," says Pickens.
As blank as the landscape around Fort McMurray, where the world of oil exploration ends.
Does Pickens think the days of cheap oil are gone?
"They’re gone," he says. "From what we knew as cheap oil, when I pumped gasoline in Ray Smith’s Sinclair station on Hinkley Street in Holdenvale, Oklahoma, 11 cents a gallon, that’s gone."
Will we ever again see $1.50 a gallon? "We won’t ever see $1.50 a gallon. No, that’s gone," says Pickens.
Right around the corner from Fort McMurray you can still see oil being produced the traditional way. It’s picturesque now. The wells are still pumping but they belong to the past, like the iron horse that once rode across these prairies.
The future? Up here in Alberta they’re convinced it’s in the dirt.
Posted by: Rocketred
In reply to: None
Date:3/22/2006 8:19:10 AM
Post # of 4656
Shell venture aims at 'oil rocks'
PATRICK BRETHOUR
00:00 EST Wednesday, March 22, 2006
CALGARY -- A new frontier in Alberta's bitumen deposits is opening up, as Royal Dutch Shell PLC launches an effort to unlock billions of barrels of gooey oil trapped in limestone.
Royal Dutch yesterday announced that it is entering the oil sands industry directly. The company -- through U.S. subsidiary Shell Exploration & Production in the Americas -- has paid $465-million for 10 parcels of land west of Fort McMurray, and will set up a Canadian subsidiary separate from Shell Canada Ltd.
The company uses the phrase "oil sands" to describe those leases, but the bitumen in that area is actually encased in limestone, said Robert Bedin, senior analyst at Ross Smith Energy Group in Calgary. Called carbonate, this oil resource has so far proven impossible for the energy industry to exploit.
Today's bitumen industry extracts the tar-like substance from sandstone and dirt, using either mining or steam-assisted extraction.
Neither of those methods work for limestone, which cannot be mined easily and dissolves if water is used.
To further complicate matters, the bitumen in the limestone is broken up into small globules, often not much bigger than two human fingers. It is thought that electrical wires can be used to heat up the bitumen enough to pump it to the surface.
Royal Dutch would not comment in detail about the geology of its newly acquired leases, but a spokeswoman wrote in an e-mail that "some type of enhanced thermal recovery technology will be required to economically develop the resource."
Mr. Bedin said others have tried, and failed, to find a workable technology. "This is a real gamble."
Like any risky bet, a major payoff does beckon -- in this case, an estimated 300 billion barrels of oil locked in the limestone in the Grosmont formation, Mr. Bedin said. (Royal Dutch's leases would cover only a part of that formation, and the company has not released any information on possible reserves.) Only a fraction of those 300 billion barrels could be recovered, even if Royal Dutch does possess a technology that can unlock the oil. However, Mr. Bedin said even a low rate of recovery could mean billions more barrels of oil for the industry.
Royal Dutch is providing few details on its project, other than to make it clear that any project will not begin producing until the next decade, and that the effort is entirely separate from its Canadian subsidiary, Shell Canada.
Wilf Gobert, vice-chairman of Peters & Co. Ltd. in Calgary, said one likely explanation for keeping the firms separate is that the parent company wants undiluted ownership of an oil sands project.
Royal Dutch owns only 78 per cent of Shell Canada, but even more significant, its subsidiary has an existing partnership with Western Oil Sands Inc. and Chevron Corp. in the Athabasca Oil Sands Project.
Under the joint venture agreement for that project, Shell Canada must offer Western Oil Sands Inc. and Chevron Corp. the opportunity to participate in any expansion within a defined region -- an area that covers the leases acquired by Royal Dutch.
The parent company, however, has no such obligation, leaving it free to develop any project on its own.
© Copyright The Globe and Mail
Posted by: Rocketred
In reply to: None
Date:3/18/2006 5:16:42 PM
Post # of 4654
Alberta's oil engine not about to stall
World's energy thirst far from quenched, says author
Gordon Jaremko
The Edmonton Journal
Saturday, March 18, 2006
EDMONTON - Oil came naturally to author Peter Tertzakian, who grew up and went to school in Edmonton then into the industry as a geophysicist.
The old Alberta career path still looks good, he said in an interview Friday on the imminent crisis described by his best selling A Thousand Barrels a Second -- the Coming Oil Break Point (New York: McGraw-Hill, 2006, 272 pages, $37.95).
"If you're young and can overcome the social stigma around the industry I think you'd do very well," Tertzakian said.
Environmental and economic critics have darkened the reputation of oil and gas operations since the 45-year-old started his career. But he said the tainting has not done crippling damage and popular perceptions are starting to improve as a result of improving standards.
"Anyone who says the sun is going to set on this industry is mistaken," Tertzakian said.
The title of his book refers to the stunning pace global oil use will hit this year, barring surprise supply disruptions or sudden conversions to conservation by masses of consumers.
High and still-rising demand for ever-scarcer supplies in other parts of the world mean Canada "has become an energy superpower," writes Tertzakian, who is also chief energy economist and investment strategist for Calgary-based ARC Group.
Thanks largely to the oilsands, plus Alberta's still healthy endowment of conventional oil and gas, Canada does better than just rank as one of the world's four top energy-producing countries with Saudi Arabia, the United States and Russia.
Canada also stands out as a growing supplier that provides a rare safe economic home where the industry "does not live under a perennial cloud of civil war or armed conflict," he writes.
Few people, even in Alberta, realize the stature its energy industry has recently attained, Tertzakian said.
He estimated Canadian oil and gas revenues, with 80 per cent flowing into Alberta, topped $100 billion in 2005 -- making petroleum production bigger than the Canadian auto industry for the first time.
"It will remain big," he added. "As we approach this break point Canada becomes more prominent on the world stage."
His firm has a role in the prominence. ARC has raised about $1.7 billion in private capital since 1997 and currently manages about $1 billion worth of investments in an array of energy enterprises.
Growing international interest in the oilsands as a substitute for conventional reserves, with the older supply sources' depletion contributing to the high prices that fuel accelerating investment in Alberta, is part of the "break point" Tertzakian sees coming.
The phrase describes historic changes in energy use such as past switches from wood to coal and the arrival of electricity.
But he maintains the next break point will be different because there are no technological "magic bullets" or alternative energy sources readily available on a large scale.
"Our dependency on oil is not going away," Tertzakian said.
Consumers are only beginning four stages of a long and painful evolution that will result in a "rebalancing" of energy supplies and demand by changing lifestyles as well as industry, he writes.
The stages include "complaining and paying up; conserving and being more efficient; adopting alternative energy sources; and making societal, business and lifestyle changes."
Tertzakian said he has begun making adaptations but he cannot boast they come easily, quickly or cheaply.
He replaced his Audi with a SmartCar that cut in half his gasoline consumption while commuting to work. But his family still has an SUV and has yet to go beyond good intentions to get rid of the gas-guzzler, he confessed.
Consumers do not need to buy the trendy little two-seater -- his convertible cost $24,000 -- to make comparable fuel savings, he added. Gas consumption can be reduced just as sharply by switching to a two-tonne sedan from a three-tonne SUV, he said.
gjaremko@thejournal.canwest.com
© The Edmonton Journal 2006
Oh, thats too bad but at least she got to see the mountains and they are definitely worth the trip. If she has been to disneyland or disney world then besides the shows isn't missing anything. They do put on a pretty good western show and the chuckwagon races are fun. I like the fireworks show at the end of the night.
'calgarylady', I asked my neighbor yesterday if they saw the stampede in Calgary. She said no, because they had to leave the Friday it started. She said they wanted to see it but had to head back to the states.
TY and welcome to the board.
Very bullish even on a Red candle day we have moneyflow GREEN ..
http://stockcharts.com/h-sc/ui?s=KSWJ&p=D&yr=0&mn=0&dy=10&id=p68070237567
Once again we find ourselves at the top of the mountain of .0008 and if we climb above we breakout to .0015.. please notice the retrace from the red candle in late june...if the moneyflow goes south that's bad but if the money flow stays green no matter how low...We will breakout with or without a Press Release..http://stockcharts.com/h-sc/ui?s=KSWJ&p=D&yr=0&mn=1&dy=3&id=p05213105260
the email response sounds promissing, thanks for all the work
Here are the two emails Kim posted:
>From: "Kim xxxxxxxxxx>
To: <kswinfo@hotmail.com>
>Subject: testing
>Date: Tue, 14 Mar 2006 09:53:52 -0800
>
>I am inquiring about whether you have begun field testing the em 100.
Could you tell me what companies, if any, are interested in the technology and when to expect some news. In one of your pr's you mentioned "joint venture"
>who might that be with and where are you planning to test?
>Thank You For You Response,
Reply:
~~~~~~~~I can only tell you that at this time there will be additional news
forthcoming answering all your questions.
Not very informative but at least something..
I belive 69 charge( Chris) also e mailed him and recieved a respone.
Maybe just try again, I hope you let us know what he says if you hear anything..
TIA,
Kim
.................................................................
Posted by: islandkim1
In reply to: None
Date:3/29/2006 3:42:44 PM
Post # of 4658
I just recieved an e mail from George Anderson.
It Goes like this....
To George Anderson,
> I need you to confirm that this company is legitimate. I am a avid
>supporter of this stock and company, but at this moment I am a little
>unsettled. You have a phone # that is an answering service and as of yet I
>have not seen anything other than "intends to" nor any information as to
>who you might be in negotiations with. I have substantial holdings of this
>stock but with my daughter's college fund at stake, I would appreciate
>something solid. I understand the sensitivity of the position you are in
>regarding patent filings, however, some of your supporters are losing
>confidence and asking some serious questions regarding the validity of this
>company. The lack of information is seriously raising suspicion among
>shareholders, myself included. As this company has potential for serious
>growth I have stood solid through the claims that this is a stock scam. I
>would appreciate any confirmation from you regarding these concerns.
>Sincerly,
Kim
////////////////////////////////////REPLY//////////
Dear Kim,
First, I would not commit my children's college fund to anything less than
blue chip.
That said, the 'answering service' appears like that because we get 100 plus
calls a day.
Next as to the reality of the company unfortunately until patents are
pending we cannot reveal much about the actual process nor are we at liberty
to state who we are negotiating with if they don't give us permission to say
so until the deal is closed.
I wish I could provide more but my hands are tied.
George Anderson
damn fine post kim love it when you go the extra mile
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