Replies to post #4584 on Arete Industries (ARET)

[dogface63]

Could be the line is not profitable and that would explain the lack of filings the past three years.

[dogkeeper]

First of all it's never in your best interest to let property taxes go delinquent. Furthermore the IRS deals with income tax, not property tax!!!! Harvard High DD.....

Secondly, geopolitically the price of a barrel of oil won't get much more than $70 to $80. The price has been tested, Saudi Arabia has plenty of oil and they like it at $75 per barrel. They saw the United States drastically reduce consumption when the price of gasoline went over $5 per gallon.

By the way do you even know how many gallons of crude are in a barrel??? The seven of us Aret bagholders do.

Lastly the word is feasible not fessible.