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| Banned Join Date: Mar 2006 Location: Philadelphia pa - born in Germany
Posts: 309
![]() | OIL ???? With oil prices that high, and we have more Oil than the whole world together, all we have to do is get it. Read this: The Oil Report hans |
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| | #3 (permalink) |
| Stock Guru Join Date: Jan 2006
Posts: 356
![]() | The processes used to recover oil from those oil shale deposits are expensive and environmentally disasterous. The oil is there for sure but we dont know how to safely get it yet. Lots of people are working on the problem I am sure because the rewards for finding a solution are huge. We havnt found them yet.
__________________ I didnt know is not an excuse. Its a reason for keeping quiet. |
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| | #4 (permalink) | |
| Banned Join Date: Mar 2006 Location: Philadelphia pa - born in Germany
Posts: 309
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what you say is right about rake in a killing, but the Report is true. It's a fact that there is more oil in the Colorado rockies than any place in the World. But companies in this country say; it's too exspensive to drill. Well, it's the same story all the time, it cost too much money We are the richest country in the world, but can't effort drilling for oil. hans | |
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| | #6 (permalink) | |
| Super Member Join Date: Sep 2005
Posts: 866
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GNCE -GNC Energy 5M O/S .03x.05 Per Knobias...GNC Energy Corporation explores for and produces oil and gas. The Company has been engaged in various segments of the energy industry. The company developed a crude oil recovery method for use on its tar sand leases in Utah. | |
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| | #8 (permalink) |
| Member Join Date: Apr 2006 Location: Carbondale, CO USA
Posts: 58
![]() | Shell, Chevron (I think) and a small private company out of Texas that I can't remember the name of right now. They're all in the preliminary development stages at the present time and we won't see anything happening for several years or more IMO. |
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| | #9 (permalink) | |
| Super Member Join Date: Sep 2005
Posts: 866
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