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seatrade

05/10/10 10:55 AM

#86461 RE: hellcatjr #86459

I agree production from the world’s 500 giant fields (fields containing more than 500 million barrels of oil)is declining. These fields produce approximately 60 percent of conventional oil. Many of these fields are over 50 years old and few new giant oil fields have been discovered in recent years. These are the facts.
So where is the oil going to come from we can only hope that this company and others in this field can produce the oil they say they can. I am willing to invest in this industry in hopes that they can. And we are not even talking about food protein the population is growing in the millions yearly, so food will become an issue in certain regions in the world. I like to think that Belh will be in the position to help. And last I am an investor and would like to see the PPS go north. One thing for sure we know the price of oil will.

http://green.autoblog.com/2010/04/15/u-s-military-warns-of-oil-production-shortage-by-2015/