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http://www.oilcrisis.com/shale/
I read this rather bullish (ahem it also may be bull-spit) article on oil shale.
I also got an email with a link to a company claiming it knows who'll get the permission to mine the land for oil shale.
http://www.stansberryonline.com/PRO...200608OIL-COL-49&o=401460&u=14437330&l=793724
Again, rather bullish (& bull spitish sounding) claims.
Then I thought to myself--is there any truth to this before I write it off? AFter all, I'm not oil shale expert.
Another thought is several investments I'm planning on, are bent on the notion that energy costs will remain high. For example, I'm planning on investing in silver & gold, alternative energies and foreign economies--all of which are based on the idea that the American Economy will remain relatively flat for the next few years.
But if there is any truth to these bulish claims--the American Economy would benefit from shale mining
So anyone here know anything about the subject? I've already read various naysayers on the web to oil shale. I'd like to hear opinions from someone who actually knows a thing or two about it for real.
I read this rather bullish (ahem it also may be bull-spit) article on oil shale.
I also got an email with a link to a company claiming it knows who'll get the permission to mine the land for oil shale.
http://www.stansberryonline.com/PRO...200608OIL-COL-49&o=401460&u=14437330&l=793724
Again, rather bullish (& bull spitish sounding) claims.
Then I thought to myself--is there any truth to this before I write it off? AFter all, I'm not oil shale expert.
Another thought is several investments I'm planning on, are bent on the notion that energy costs will remain high. For example, I'm planning on investing in silver & gold, alternative energies and foreign economies--all of which are based on the idea that the American Economy will remain relatively flat for the next few years.
But if there is any truth to these bulish claims--the American Economy would benefit from shale mining
So anyone here know anything about the subject? I've already read various naysayers on the web to oil shale. I'd like to hear opinions from someone who actually knows a thing or two about it for real.