[Vwdiesel] It's peak oil, duh.
Doyt W. Echelberger
doyt at buckeye-express.com
Wed Mar 12 10:49:38 PDT 2008
At 01:22 PM 3/12/2008, you wrote:
>....snip.....But isn't the point that the oil from the sand is so hard to
>extract
>that the price would have to be MUCH higher before it was worth it?
.......................They passed the breakpoint. I have been interested
in those Canadian oil sands for years. Two months ago a middle-eastern
investment company bought out the Canadian oil sands company in which I had
invested. They bought the entire company, took it private, and sent me a
check for the value of my stock. I made a nice profit, but that wasn't why
I acquired the investment in the first place. They are using the profits
from their middle-eastern deep wells to acquire the sources they will need
in the future, when those deep wells are empty. IMHO, The only investment
I have left that would be more profitable is a VW or two running on free
french-fry grease.
Doyt
Rabbit and Jetta, both on $4.00 diesel so far
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