longoil

Canadian Oil Sands Trust Is Now the Single Most Attractive Oil Acquisition Target

COSWF did in fact increase the dividend payment for November 2009, but it went up only 40% from 25 cents /unit to 35 cents /unit, not 100% as Kurt predicated. Although, in the long run I think Kurt's predication is on the money.

www.cos-trust.com/news...

Tar Sands: How Much Is Out There and Can Nuclear Help?

Technologically speaking, nuclear energy is the way to go to create the steam used in oil sands processing. Using nuclear energy would generate zero emissions and liberate the current huge quantities of natural gas used in oil sands processing for other uses.

Environmentalists are complaining about the current tar sands processing technology, can you imagine the uproar if nuclear energy was thrown into the process. I agree that oil sands producers should upgrade their processes to generate lessen emissions, but I am totally against shutting the tar sands down completely. The industry has created many well paying jobs. There is nearly zero unemployment in Alberta and the oil sands have reduced the employment rate across Canada, especially in depressed areas like Atlantic Canada.

Environmentalists need to decide whether they want oil from Canadian tar sands (a strong and loyal ally of the USA) or oil from despots in Saudi Arabia and Iran (who fund terrorists against the USA with their oil proceeds).

Canadian Royalty Trusts in Need of an American Revolution

Glen,

Have you been watching the news lately ? Harper caved in as I predicted and shelved his plan to cut $28 million in public subsidies that political parties receive for each vote.

The scary part is the Liberals and NDP still want to topple the government and form a new government. I don't like Harper and his gang, but I despise the ultra left NDP and Jack Layton even more. Not only will Layton keep the scheduled 2011 removal of income trust structure in place, but he also insist on raising the corporate tax rate (and/or removing tax breaks for E&P) for these energy companies and reduce our dividend payments even more. It is not surprising that Layton and Obama are good friends.

Canadian Royalty Trusts in Need of an American Revolution

The Canadian conservative government might be tossed out as early as next week. They were recently reelected back as a minority government on October 14, 2008.

This week they proposed a contentious 30 million dollar cut in the federal budget. This money would normally go to the opposition parties based on the number of votes they got during the last election. Obviously, the aim of the cut was to deprive his political rivals of funding and open the possibility for a majority conservative win.

All opposition parties (Liberals, NDP, Green Party, etc) have vowed to vote against the budget which would lead to a non-confidence vote and toss Steve Harper and his cronies out 6 weeks after reelection. Unfortunately, I don't think it will come to this. Harper will probably back it out at the last moment.

The name conservative is very misleading. The current conservative party is formed from old conservatives and an ultra-right faction called the reform party. Harper is true fascist and his tendencies has been demonstrated several times when fired government officials that have publicly disagreed with him including the head of the RCMP and Canada's nuclear safety watchdog.

I hope the Harper and his sycophants get kicked out next week. I am still aching from the Halloween massacre of Income Trusts his government implemented after they said they would not touch them.

Canadian Royalty Trusts in Need of an American Revolution

DuffBeer,

I play a similar version of game with my democrat friends

1) Which president ended slavery ?
2) Which president enacted legislation which made the KKK a terrorist organization ?
3) Which president ended segregation ?
4) Which president was the first to appoint blacks to key positions in his cabinet ?

In every case, the answer is a republican president.
1) Abraham Lincoln in 1865
2) Ulysses S. Grant in 1871
3) Dwight D. Eisenhower in 1954
4) George W. Bush appointed both Colin Powell & Condoleeza Rice to cabinet positions in 2001 and 2005

Many democrats failed to remember their own history. The Democrat party was full of segregationists up until the late 1960 when Kennedy realized that this was a valuable voting constituency and paved the way for the 1964 civil rights legislation.

Canadian Royalty Trusts in Need of an American Revolution

smsnead2,

Debt-to-equity ratios and reserve life indexes are some of the parameters used to evaluate Canroys.

If you want simple to read, but well researched recommendations on Canroys and MLPs, I suggest Kurt Wulff's website.

www.mcdep.com/energyin...

Canadian Royalty Trusts in Need of an American Revolution

Steven Ward said
>>>President-... Obama should point out that it was American money that funded the great Canadian expansion and made many Canadians rich in the process. He should add that rich Canadians are a benefit to all of us and us Americans, after putting up our money, want equal benefits.<<<

Well, Steven Harper can turn around say Americans should be very grateful that Canada (a strong and faithful ally of the US for the last 196 years) is providing 60% of its Oil and Gas output and reducing its dependancy on oil from despots in unstable countries like Venezuela, Saudi Arabia and Russia who wish nothing but ill will towards the United States.

Furthermore, if Obama reopens NAFTA, Canada can renegotiate America's preferential access to Canadian resources. There are plenty of other takers (China, India, etc) in the world for Canadian resources (oil, gas, water and electricity), if the USA starts being difficult to deal with.

Two Strong Energy Rebound Candidates

COSWF, ERF and PWE have all been consistently excellent performers for the last 8 years through the tech bubble, the housing bubble and recent oil price retreat.

The income trust conversion issue was factored into the share price as soon as it was announced. Canroys dividends have the added advantage of automatically hedging against the fall in the US dollar, since the are denominated in Canadian dollars.

Oil Sands: Will the 'Greens' Cause Us to Miss Out?

Let's see,

Ban buying oil from a country (i.e. Canada) that was the first to help the United States minutes after the 9/11 attacks.

But continue buying oil from a country (i.e. Saudi Arabia) that supplied 18 of the 19 9/11 suicide bombers and routinely funds terrorist groups around the world.

Jim, I agree with you, congress is stupid !!!
They really don't know the difference between their friends and their enemies.

Q&A with Marcel Coutu, CEO of Canadian Oil Sands Trust

Redbaron,
I like (and have) COS as well. It is a very well run company. Over the past few years it has paid off most of its debt and increased dividends substantially. Kurt Wulff accurately predicated the many dividend increases that have occured since 2005.

Canada is (and will remain) the leader in oil sands technology thanks to Hugo Chavez.
Billions of dollars from multinational oil companies are flowing into Alberta to develop the oil sands. Chavez really screwed it up when he kicked out the mutlinationals. Venezuela will soon be on the same path as Mexico in regards to conventional oil depletion and will be powerless to develop its own oil sands, since this requires hugh CAPEX and no one will invest a cent in Venezuala after Chavez took over multinational assets in recent times.

Canada offers great returns on oil investment and political stability.