Interesting article...........one thing to remember is that "up north", i.e. Canada, we have one of the largest reservoirs of oil in the world...some easy to extract and others "oil-sands' not so easy....so maybe US will end up paying more for secure oil/gas from Canada and then Canada can turn around and buy up US firms with their US$...chinese style!
Chevron: Currently Cheap and a Possible Winner In an Economic Turnaround [View article]
Nicely written up. I also believe CVX and the US economy should start a slow growth process in late 2009.........CVX should be a winner for those who are patient.
I can't believe all those investors throwing money at TIPS, and other Treasury investments at 0%, when you can own aprime company such as CVX, and while you wait they pay out a nice dividend!
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
Ouch! Someone sold us an "oil snake". Wow! Oil is everywhere, except that we have to find a way to getit out and someone has to pay for it. I wonder who will end up with the bill?
Peak Oil: China vs. USA [View article]
Chevron: Currently Cheap and a Possible Winner In an Economic Turnaround [View article]
I can't believe all those investors throwing money at TIPS, and other Treasury investments at 0%, when you can own aprime company such as CVX, and while you wait they pay out a nice dividend!
Thanks for the article!
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
I wonder who will end up with the bill?