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EPS100Momentum
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Author has a degree in Engineering and is an avid investor in the market. Experience in industrial materials and structures. In college studied atomic & nuclear physics as well as material engineering. Eastern European
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  • $200 Oil closer than you think 0 comments
    Jan 11, 2011 12:26 PM | about stocks: FOR, TPLM, STO, NOG, GEOI, KOG, LINE, LINE, CHK, XOM, CVX, BP, COP, PTR, CEO, EC, APA, OXY, SNP, SU, APC, RIG, NOV, DO, EOG, DVN, NFX, FST, UPL, PXP, COG, SM, SFY, SGY, ATPAQ

    Lloyd's peak oil report, supply crunch, $200 oil in 2013?

    Oil ...
    Jul 24, 2010 ... A recent Lloyd's of London reported that the world is heading for a global oil supply crunch (better known as peak oil) and that lack of oil ...
    liveoilprices.co.uk/oil/oil.../lloyds-peak-oil-report-supply-crunch-200-
    oil-in-2013.html
    ----------------------------------------------------


    Why $200 Oil is Closer Than You Think


    Jun 11, 2010 ... Energy and Capital Editor Christian DeHaemer explains why artificially low oil prices are creating a last-chance profit window for ...
    energyandcapital.com/articles/wip/1171

    -----------------------------------------------------

    Kilduff: Is Oil Heading To $200? - CNBC


    Aug 10, 2010 ... Several newsworthy events, recently, represent the dots that the oil market may begin to connect to produce a significant event driven price ...
    cnbc.com/id/38638613/Kilduff_Is_Oil_Heading_To_200

    -------------------------------------------------------

    Branson Says Oil Might Hit $200 a Barrel Without New Policies December 05, 2010, 1:31 AM EST


    By Kim Chipman

    Dec. 5 (Bloomberg) -- Oil prices may soar to $200 a barrel if the world doesn’t move more rapidly to a clean-energy economy, Richard Branson, founder of Virgin Atlantic Airways Ltd., said in an interview.

    “It’s certainly conceivable unless we can start to conserve energy quickly and come up with alternative fuels,” Branson said yesterday in Cancun, Mexico, where countries are meeting to negotiate a new accord to combat climate change.

    Branson predicts an “unbelievably painful” economic slump if governments don’t do more to encourage renewable energy as an alternative to fossil fuels such as oil. In the U.S., where efforts to cap carbon-dioxide emissions failed in the Senate earlier this year, unemployment could reach record highs, the British billionaire said.

    “We are going to have the mother of all recessions if we don’t sort out our energy policy fast,” Branson said earlier yesterday at the World Climate Summit in Cancun. “We think we’ve got it bad today. In five years time unemployment could go to 15 percent without any difficulty at all in America.”

    Branson, 60, spoke alongside U.S. billionaire Ted Turner, founder of Cable News Network. Branson and Turner, 72, also will speak tomorrow at the two-day conference focused on how businesses can help combat climate change.

    Balking on Kyoto

    Meanwhile, negotiators from about 190 countries are grappling with how to proceed in United Nations-led treaty talks to cut greenhouse-gas emissions. Industrialized and developing nations are divided over the 1997 Kyoto Protocol.

    Japan, Russia and Canada have refused to sign up for a second round of emissions reductions once the current ones written into Kyoto expire in 2012.

    Emerging economies such as China, India and Brazil are “completely unanimous” in their position that developed countries must agree on a new commitment period, UN climate chief Christiana Figueres said yesterday. Discord over Kyoto threatens to take attention away from talks for a new global climate agreement that includes the U.S., she said. The U.S. is the only developed nation not part of Kyoto.

    Turner urged countries to reach agreement.

    “Let’s do it,” he said. “Let’s do it now before it’s too late.”

    --Editors: Jim McDonald, Michael Heath

    To contact the reporter on this story: Kim Chipman in Washington at kchipman@bloomberg.net

    To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

    Stocks: FOR, TPLM, STO, NOG, GEOI, KOG, LINE, LINE, CHK, XOM, CVX, BP, COP, PTR, CEO, EC, APA, OXY, SNP, SU, APC, RIG, NOV, DO, EOG, DVN, NFX, FST, UPL, PXP, COG, SM, SFY, SGY, ATPAQ
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