Replies to post #9006 on Heartland Oil and Gas (fka HTOG)

[playerguy]

you said you were asking newb questions two days ago. now you think you are expert on htog? further drop in oil prices is pure guess on your part. a slight mid-east conflict or gulf hurricane and they are likely to skyrocket. if htog has 500m barrel reserves then even $75/barrel would make us way undervalued; not counting their gas. what's your game?

[t_b1209]

The demand is decreasing because it's so expesive - People are changing there habits to accomadate. Biofuels don't have that big a play "yet" . But will in the future i'm sure.

[AngusYoung]

I disagree completely. 99% of alternative fuels are a complete joke and will never be used in mass consumption. Because government is subsidizing this nonsense, it gives people jobs. Nothing will ever replace Oil as being more abundent and cheap to refine. What they never tell you is how much a gallon of alternative would cost at the pump. They have already discovered E85 corroding pipelines and giving vehicles 1/2 the fuel mileage of reg gas. Some stations in my area have already pulled the pumps. It is corroding the underground tanks. Station owners are finding out that the risk of paying $50K a truckload in contaminated soil isnt worth making a few kooky liberals driving coffin cars happy. Relax, as long as HTOG has oil to tap, the demand will be there.