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Re: ctb post# 23006

Thursday, 05/17/2007 3:29:34 PM

Thursday, May 17, 2007 3:29:34 PM

Post# of 44006
Ctb, I had seen those excellent articles that you posted either here or on two of the other boards that I follow closely. One is RTK, a coal to oil concern, and another is BQI, a Canadian oil sands concern.

What I can say from these two alternative energy solutions is that any meaningful alternate energy production is 10 years away.

Additionally, as oil sands production increases, the NG supply to the US, from Canada, is going to decrease, even starting this year. Canada supplies around 10% of the US's NG. As they start to divert NG to their local needs to support oil sands production, that will effect us.

This is a complex problem, that is over the head of our politicians. We are the most powerful nation on earth, at least today, that is becoming very/more dependent/hostage to unfriendly foreign suppliers/governments.
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