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Old 06-18-2012, 10:14 AM   #8
macker
First Line Centre
 
Join Date: Apr 2007
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I guess it is relevant to the area that we live....with the price rolling over a bite here you have to ask yourself. We have more oil than we know what to do with. Saudi America will be exporting more oil than Iran by 2020 and you can see where things are going with deals being signed :
http://www.ft.com/intl/cms/s/0/9331b...#axzz1yA4Rzptt

The US is going to be the low cost country for energy production and are quickly moving towards energy independence. This is the result of perfecting horizontal completion. Things change quickly obviously as there was so much talk about peak oil just 5 years ago. These books are worthless http://www.amazon.ca/Top-quot-Peak-O.../R7LZT4SXXGVII
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