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Saturday, May 20, 2006 3:12:56 PM
Consider this:
Hurricane season begins next month.
Oil prices are going up this summer due to increased demand from India and China. China is buying up sources of oil.
We are past the oil peak and Saudi Arabian fields are on the decline.
The Iran problem is not going away. If we don't attack, Israel may have to. What do you think this would do to oil prices?
Nigerian supplies are hampered by civil wars and terrorism.
In Venezuela, we have a Castro-wannabe who hates the US. He could cut off a huge source of oil to America at any time.
Americans may complain about the high price of gas at the pump, but they are not cutting back.
TNOG is redrilling wells that were proven producers in the past. These wells were shut down because oil was at the time much lower--$15 a barrel and the wells were not economically viable. Now these wells can be made productive again at a time when oil is nearing $100 a barrel.
TNOG has oil expert Peter Maupin on their side.
TNOG has no geopolitical risk!
Don't let the hydra-basher entity cause you to miss out on making money this summer. Do your own DD and pick up some TNOG while prices are still low. JMHO.
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