InvestorsHub Logo
Followers 23
Posts 1775
Boards Moderated 0
Alias Born 12/06/2003

Re: Pup post# 9628

Tuesday, 08/09/2005 11:25:47 AM

Tuesday, August 09, 2005 11:25:47 AM

Post# of 362771
I'll second that.

May I add the following:

1) extraction and recovery technologies have made huge strides, from re-processing fields in Canada and the U.S. that had already been harvested to ships/rigs that were unthinkable a mere 10 years ago.

2) oil may be at $100 + a barrel quite soon, and will be permanently way above that within one generation.

3) as reserves are exhausted worldwide, #1 will be even more true, so will #2.

Beam me up $cotty...
Gig