> *Right..
> 
> Oil and Tobacco share the highest mark-up in cost.
> 
> The world is not about to run totaly out of Oil, *Just
> the cheap easy stuff.  Everything we know today as modern
> life is related to the development of oil.
> 
> The Carter administration attempted to wise America up to
> dependence on foriegn oil, and viable alturnitives..
> 
> Jimmy Carter had a CORN burner in the oval office for heat<G>
> 
> Today the market price is $61+ a barrel.. At the wellhead in Iraq/
> Saudi the price to fill that barrel is $2.00 us.
> 
> *What I am saying is that we today are in a great time of transition,
> and the generation to come will see a change. We as adults,  should
> be good stewards of our natural resources, choosing life over death
> to reach our common goals.
> 
> Humbly submited..
> *Yurn-
> ->A No.1<-
 

Was it not said in years past that the price of one barrel of crude oil is
too low to justify the extration of oil shale in the US-Rockies and the oil
sands in northern Alberta ?
At the current price the machinery to process the US and Canadian Oil
deposits should be running in high gear.
Considering that the oil deposits in N-Alberta accumulate to 2 1/2 times  
the oil reserves of S-Arabia

Any word about that yet ?

Guenter

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