Gold/Mining/Energy | Big Dog's Boom Boom Room


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To: Eric who wrote (164191)2/20/2012 10:20:01 AM
From: kidl17 Recommendations   of 178707
 
Eric, Canada will climb this mountain. It’s no longer a matter of choice. Canada’s future depends largely on its natural resources as the industrial base declines further. High time for us “fuzzy and cuddly” Canucks to stand up on our hind legs. If we allow others to meddle in our affairs, we’ll end up being another financial basket case like our neighbour to the south, some European, South American and Asian countries. To me the Kyoto withdrawal was a sign of things to come. Who of any consequence is attacking us for doing so? The very countries / the worst offenders who never signed on to Kyoto in the first place. Screw’em. Clean up your own mess before jumping on us.

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To: Eric who wrote (164189)2/20/2012 10:21:03 AM
From: Salt'n'Peppa27 Recommendations   of 178707
 
Pure politics. If the people behind this "science" would actually look at the density of oil-sands operations, which is the only reason they are so visible in the first place, they would find that oil sands oil is actually not any more "dirty" than conventional oil.

All of the ~2 million barrels per day are concentrated in a very small area.
Imagine the infrastructure required for 2 million barrels worth of conventional onshore oil production.
Do these political scientists take into account the savings made due to reduced need for roadways, reduced cut-lines, no need for destructive seismic lines, reduced electric transmission lines, far fewer support vehicles, no pump-jacks, etc, etc, etc.?
I doubt it.
Tens of thousands of miles of new roads and cut-lines, through forests and farm land, are required to attain 2 million barrels of conventional oil production. I see no mention of this in any of these so called scientific "dirty oil" papers.
The CDN oil sands footprint is tiny for the level of production.

I, for one, recognize that you are not referencing hard science in your article. You are referencing political science. It is science with an agenda, funded by political animals.

S&P

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To: Eric who wrote (164189)2/20/2012 10:26:44 AM
From: Salt'n'Peppa23 Recommendations   of 178707
 
...and where did the Guardian drag up this loser from?!

"His party colleague, Chris Davies MEP, who is the Lib Dem environment spokesman in the European parliament, said: "It is extraordinarily naive for ministers and officials to take the special pleading by Canada as though it were gospel truth, rather than what it is – an attempt to protect narrow financial interests." In 2009, Simon Hughes MP, and now deputy leader of the Lib Dems said: "World leaders must work towards a treaty that will outlaw tar sands extraction, in the same way they came together to ban land mines, blood diamonds and cluster bombs."

Really?
Oil sands oil lumped in with land mines and cluster bombs?
Gimme a f'ing break!!!
S&P

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To: Salt'n'Peppa who wrote (164196)2/20/2012 10:36:33 AM
From: sm1th9 Recommendations   of 178707
 
World leaders must work towards a treaty that will outlaw tar sands extraction

World leaders must work towards a treaty that will outlaw the European Parliment

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To: Bearcatbob who wrote (164188)2/20/2012 10:48:22 AM
From: architect*1 Recommendation   of 178707
 
From 2003 to 2008 stock and commodity values rose together. John Murphy's chart show it clearly.
stockcharts.com 
The chart also shows high commodity prices ($147 / bbl oil), occurs in the late phase of an economic expansion cycle. Late in the business expansion cycle commodity prices are rising and stock prices are falling. I'm watching for the next signal bond prices to fall, indicating bond investment dollars moving out of bonds and into stocks and commodities.

Using a four to five year economic cycle, 2012 is somewhere in the late- middle cycle. Brazil is the example of inflation (high commodity prices) outstripping GDP growth, yet Brazil has 10.5% interest rates, so Brazil has lots of room to stimulate GDP growth thru lowering interest rates. The GDP grow rates in emerging markets supports investment in these growing economies, as long as inflation is kept in check, ie inflation is lower than GDP growth. That's part of why we're invested in oil stocks, its an investment in the GDP growth in emerging markets and a hedge against inflation at home .

2012 estimated GDP growth
China - GDP + 8.6% with 4.5% inflation
India - GDP + 7.4% with 6.5% inflation
Indonesia - GDP + 6.3% with 3.2% inflation
Peru - GDP + 5.5 % with 3.0% inflation
Colombia - GDP + 5.0% with 3.3% inflation
Brazil - GDP + 3.8% with 5.5% inflation
Chile - GDP 3.9% with 2.8% inflation

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To: Salt'n'Peppa who wrote (164195)2/20/2012 10:49:41 AM
From: Bridge Player   of 178707
 
What is the current status of the Petrobank Thai process and its licensing? I thought that insitu technology was supposed to make significant inroads into reducing pollution from the oil sands resources.

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To: Bearcatbob who wrote (164154)2/20/2012 10:54:12 AM
From: Mark Mandel1 Recommendation   of 178707
 
Ahhh...."Expire Worthless" is quite nice. Hit 100% that were sold in January. First time ever. I don't expect the same results every month.

The stars were aligned. You and Michael (CC) are great help as well!

Thx - Mark

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To: Salt'n'Peppa who wrote (164195)2/20/2012 10:56:15 AM
From: Eric1 Recommendation   of 178707
 
I'm chuckling here. Hope you didn't have a heart attack! Seriously..

I just posted the story. Maybe you could "educate" The Guardian.

Eric

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To: Eric who wrote (164201)2/20/2012 11:17:10 AM
From: Bearcatbob17 Recommendations   of 178707
 
Eric, It is not the Guardian that needs educating - it is the populace that is feed pure political BS.

You seem to delight in posting some of the worst - but then try to distance yourself from the loony stuff. Do you think you are a positive voice on the world economy?

Bob

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To: Bridge Player who wrote (164199)2/20/2012 11:20:20 AM
From: wherry   of 178707
 
Still rather fuzzy, but it sort of works, the question still being how well and in what circumstances. A formal report from the company on the success or otherwise at the Kerrobert heavy oil project is expected in about mid March.

Regards, Tony.

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