posted
Heard a very interesting commentary about oil sand and oil shale. Apparently, there is enough oil in Arizona, Utah, Colorado, Alaska, and even Canada to support our oil needs for about 500 years. Only problem is, it costs about $15 extra per barrel to process it. With per barrel costs as they currently are, and our 'addiction' to oil, it seems this business is going to start gaining some popularity in the coming months and years.
My question is, any of you guys have any hidden gem companies involved in this?It would be nice to find a small company with inexpensive PPS to get in on early. Thanks.
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quote:Originally posted by tech1: Heard a very interesting commentary about oil sand and oil shale. Apparently, there is enough oil in Arizona, Utah, Colorado, Alaska, and even Canada to support our oil needs for about 500 years. Only problem is, it costs about $15 extra per barrel to process it. With per barrel costs as they currently are, and our 'addiction' to oil, it seems this business is going to start gaining some popularity in the coming months and years.
My question is, any of you guys have any hidden gem companies involved in this?It would be nice to find a small company with inexpensive PPS to get in on early. Thanks.
MSEV.OB (0.07) recently experienced a run up after announcing a possible oil sands acquisition. Final decision will be made in 14 days.
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