ERHC Energy Inc (ERHE)

[rational_trader]

iceking, the impact of a huge discovery to the oil

price is nothing, zero, none, nil, nada.

The world consumes more than 30 bil barrel of oil a year. That whole JDZ region (block 1 to 9) has about $15 bil barrels and it takes many years to bring them to the market. Half year world supply is not that much. In fact, we are entering the "peak oil" time, hold on to your shares because few places on earth, you'll find big oil fields. Another supply is Canada oil sands. My cwpc treats me well today and this week, hope my erhe will do the same next week. GLTA.