To throw some more petrol on the global warming debate -

Discussion in 'News from around the damp planet' started by eco4560, Aug 5, 2013.

  1. eco4560

    eco4560 New Member

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  2. ecodharmamark

    ecodharmamark Junior Member

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  3. Grasshopper

    Grasshopper Senior Member

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  4. eco4560

    eco4560 New Member

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    Thank you so much. My father was positively gloating when he told me about the article last night. He is quite sure that his shares in Big Oil are the key to his retirement success.
     
  5. Earth's Internet

    Earth's Internet Junior Member

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    I think many stock investing shareholders feel that same way, especially with all the News Reporting when I visited over in California this past Spring about the USA being more oil rich than previously thought. It's sick, but even in California they are going back into fields where oil was as thick as tar and utilizing new Fracking technologies, they can melt that tar and start pumping again.
     
  6. Grasshopper

    Grasshopper Senior Member

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    Pretty sure the tar was always there just the desperation to get it wasnt.
    Tricky bit will be at what price
    We have seen economies collapse when oil hits under $150 a barrel.
     
  7. Earth's Internet

    Earth's Internet Junior Member

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    Yeah, you know the oil companies will be licking their chops over that price. Actually though, they have been extracting that sticky tar substance from the town of Oildale just north of Bakersfield since the middle 1990s with that technology. It's just spreading lately. Just like a cancer.
     

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