: iStockAnalyst.com Symbols Feed

Thoughts On ANWR

Thu, 16 Oct 2008 22:32:00 GMT

The common argument against lifting federal restrictions of oil drilling in ANWR is that it would be years before oil was produced and it wouldn't provide any immediate relief. The way I see it, the exact same thing could be said with the ridiculous current and proposed subsidies for "green energy" or a windfall profits tax on "big oil". Of course the impact won't be immediate, it would be silly to expect a sudden increase in supply. But, the current price and price movements of oil is largely from speculation which is greatly fueled from the fact that we buy the majority of our oil from volatile, state-owned companies around the world. There is actually a good amount of oil in ANWR and the technology today is much better than it was ten years ago when people made the same argument that it wasn't worth drilling because the oil wouldn't be flowing for another ten years. It would take several years for oil to start pumping and I believe volatility[More...]

A Few Thoughts on ANWR

Wed, 27 Aug 2008 16:57:00 GMT

ANWR: A Step Towards Right Direction

Sun, 17 Aug 2008 23:02:00 GMT

Output Plummets at huge Mexican Oilfield

Wed, 09 Jul 2008 16:48:00 GMT

Output plummets at huge Mexican oilfieldProduction at Mexico’s Cantarell oil complex, one of the world’s largest, has plummeted by a third in the past year, an indication the country could lose self-sufficiency in oil in the medium term.[More...]