5 Energy Stocks with Low Long-Term Risk [View article]
Prescient : Dubious vs jegan's Absolutely .... been in the oil patch 45 years and I'll go with Prescient's Quite Dubious! Doesn't anybody realize how much NG it takes to get a bbl of oil from the oil(its API=tar!) sands!!!...perhaps the comment
" Buying oil sands (COSWK.PK) makes ABSOLUTELY NO SENSE right now because the price of oil needs to be much higher than it is now to justify the high costs of extracting. In comparison, PWE has mostly conventional oil wells, where costs of extracting is lower. "
Canadian Royalty Trusts in Need of an American Revolution [View article]
I believe Mr. Ward is on the right track here.While I had plenty of good critiques in his previous Nov 24th article in this one I find him to be on the money so to speak however getting governments to reduce or change taxation is a daunting task. Obama's election machine works on grass roots so Mr. Ward's exhortations might work ..here's hoping they do
5 Energy Stocks with Low Long-Term Risk [View article]
" Buying oil sands (COSWK.PK) makes ABSOLUTELY NO SENSE right now because the price of oil needs to be much higher than it is now to justify the high costs of extracting. In comparison, PWE has mostly conventional oil wells, where costs of extracting is lower. "
most aptly sums it up here!
Canadian Royalty Trusts in Need of an American Revolution [View article]