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Alias Born 07/07/2002

Re: None

Tuesday, 07/08/2008 12:42:02 AM

Tuesday, July 08, 2008 12:42:02 AM

Post# of 414
On the other hand ,and as a final note on investing in the energy Tsunami, the S.E.C. is currently revising its rules for reporting by oil and gas companies. The revision will allow them to count oil sands as reserves which could unleash a massive oil sands acquisition program by the oil majors. Best to own these stocks before Exxon starts writing checks.

Oh, and India is another rumored buyer of oil sands properties, but because they need the oil, as discussed below.
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