The Case For Cheap Oil
The U. S. Geological Service issued a report in April (‘08) that only scientists and oil men knew was coming, but man was it big. It was a revised report ( hadn’t been updated since ‘95) on how much oil was in this area of the western 2/3 of North Dakota ; western South [...]
Week in Review: Stocks stagnant as investors look for convincing signs of global economic recovery
For the week ended May 29, 2009
Consumer confidence makes biggest one-month jump in six years
U.S. home sales up; prices down
Initial jobless claims fall from prior week
Time Warner set to break away from AOL
South Africa struck by first recession since 1992
Japan’s economy shrinks on declining exports, retail sales
Investors expressed cautious optimism as leading market indicators were [...]
China and the $USD – The Perfect Storm
China is buying US Treasuries like there is no tomorrow. This is good you think? Maybe not. The problem is that they have too many of them to stop buying.
The US is issuing Treasuries at an ever increasing rate to finance their multi – trillion dollar debt, and if they stop buying, and the Chinese [...]
Emerald Bay increases reserves 44% in 2008
CALGARY, April 21 /CNW/ – Emerald Bay Energy Inc. (TSX Venture: EBY) is pleased to report Company reserves at year end 2008 and current activities.
Increase in Company Reserves
Emerald Bay announces the following results of the recently completed
independent reserves assessment and evaluation of the Company’s Canadian Oil
and Gas properties by GLJ Petroleum Consultants Ltd. At year [...]
The Price Of Oil
Watch CBS Videos Online
Finally, someone is talking about what happened in the oil markets and why we had those huge price swings.
Trivello Energy Receives Approval for Lucy License Extension
Calgary, AB. Trivello Energy Corp. (“Trivello” or the “Company”) is pleased to announce that the B.C. Oil and Gas Commission (“OGC”) approved an application for an extension to test the Muskwa shale gas potential on its Lucy Property located in the Horn River region of northern British Columbia.
Based on previously announced lab results from the [...]
WINFIELD RECEIVES CONDITIONAL LICENSE TO CONSTRUCT AND OPERATE AN OIL REFINERY IN MAURITANIA
February 15, 2008
WINFIELD RESOURCES LIMITED (WWF.H:TSXV) announces it has received a license to refine oil from the Islamic Republic of Mauritania – Ministry of Water, Energy, Information Technology and Communications. This license is a result of Winfield’s application for its own account to build, own and operate a new 300,000 bbl/day oil refinery at the [...]
