Crude Oil Board

There are many ways to profit from the oil industry. I suggest investing alternative energy. its is a way to exploit rising energy prices AND environmental issues. The wilder hill fuel cell index which mirrors the industry is 300% in 3 years. Although this company is not publicly traded, it is a great example of how fast the industry is developing. They now have affordable fuel cell technology available for homes and small business.

http://www.allh2.com

does anybody think that going this route along with oil services companies is a good idea?

Thanks for the pointer. Alternative energies have been a great investment so far. The high price of oil offset lowers the price difference between conventional oil and alternatives, making them more attractive.

Governments and companies promoting H2 as a viable source of energy are usually vague on pragmatic implementations and so is the website you pointed out. This company is probably in the early stage and with no product yet, so it sounds to me like a fairly risky investment.

I believe that we are entering a very exciting period in energy and alternative energy investments. As a Western Canadian I cannot help but boast the fact that we are sitting on undeveloped tar sands that hold more heavy crude oil than all of the Arab States combined. Sustained demand of crude and present crude prices make an opportune time for development.

Anyone interested in investing in the development of these tar sands there are a handful of Canadian companies presently looking for investors. I believe this is an opportune time. Investors from within our country are limited because of our sparse population.

JeriCan,
These sound like attractive investments. Could you share with us the names of a few of these companies?
Steve

but only as long as we see oil prices (at least) above USD 50.

Lifting costs per barrel tend to be about USD 20 higher per bbl than with "normal" wells and a lot of infrastructure (and know how) is needed for such operations.

Alwasy keep that in mind...

Under Canadian Government investment regulations I am not allowed to recommend specific companies. One must be a certified and bonded investment agent. Steve, if your site permits me I can post a link to a directory of companies envolved in the Canadian Tar Sands.

Go ahead and post it here in the forum. If you cannot do it, email me at:
contact <at> oil-price.net
Steve.

I am not representing Canadian government or any company associated in the oil industry. I am a Western Canadian and interested oil industry investment, particularly in the tar sands.

My interests began when I first looked at a very small oil company venturing from traditional light crude to extracting heavy oil from the tar sands in a new novel way. This small company intends to drill horizontal wells into the tar sands below and inject steam to liquefy the very thick crude. Alternate wells would be drilled to pump the liquefied oil. This method is the most economical way of extracting oil where the tar sands are far below the surface and open pit mining is economically unfeasible.

It is interesting to note that the total area of the Canadian Tar Sand exceeds the size of the State of Colorado. Discoveries are still continuing and are exceeding initial defined area, which was in the Province of Alberta. We now know that the tar sands proceed into the neighboring Province of Saskatchewan; but are at depths that cannot be open pit mined.

Here are two quick links for those that are interested. I’ll try to follow up with more information if anyone asks. I regret that I am not able to divulge the small company I have made references to.


http://www.energy.gov.ab.ca/100.asp

http://www.oilandgasstocknews.com/OGSN/StockList.asp

OIL PRICE WILL NOT BE STABLE ANY DAY, WE SHOULD NOT EXPECT THAT TO HAPPEN. WE WILL ONLY OLIGOPOLATE ON HOW IT IS GOIN TO BE PROFITABLE ON OUR OWN SIDE.

It is interesting to note that investor Bill Gates owns a significant stake in Canada's railroad company. Smart money follows smart money and it is easy to predict a coming build up in Canadian railroads to transport tomorrow's oil:
http://www.vivelecanada.ca/index.php?topic=ownership&page=2

I hope the executives, CEO's and speculators involved in these extremely painful prices that are making me ponder doing a drive-off with a full tank, would burn in hell. I am now on the brink of bankruptcy because I am now paying $90 to fill my tank when before I was paying about $25. Unfortunately because of my line of work I have to drive a Ford F150 and I can't raise my prices otherwise my competition will get the work and I won't.

Well I understand your frustration. On the one side they are profiting immensely from high price. On the other side they are making sure that you get gas for your F150 coming from the Middle East which would be happy to sell its oil to other places than the US right now.

Theres more oil than we can use right here in the good old usa. I quess all the folks that where on the side of the high oil prices that was bring in billions of dollars off the american people seen what happens when the stock market gets out off hand. It didn't take anyone with half a brain to see it coming a mile away. wakeup guys. You can't take it with you, but you can help the american poeple and not be so greedy. Its going to be bad to see this happen but the american poeple will start to turn to the green cars and not need the oil as much and then the oil companys here will be stuck with oil that is sitting right here in the usa that they can't even give away. Thats when you going see the giants oil companys and tie coons go down hard. Its all about greed!!!! You hear how much money they are putting into new plants and how they helping build american. I can tell you about profit its the last thing on the bottom line after you spend all the money on advertising and repairing and building new plants and paying all bills and workers , its after all the cost of everything and its call profit and when you making billion of profit off the american people and put them where they can't even buy the gas to go to work who going do the work for you cause I know you not going get you hands dirty. Think about this some. When the gas was so high people put they gas on credit cards and when they got to there limit then they started cutting back on food and things and then they had to use there money that went to there montage payment to get to work and then the lost there home all because of greed in the stock market on oil prices.. If it was me I would just say take this job and shove it. and stayed home till you took it all away. But thats just somethings to think about who does all the working in american the poor man carries the load.
Sixpackjoe.

I would not invest in alternate fuels of any type at this point in time. What I would do is invest in the rare and exotic minerals that these alternate solutions need. Bio-fuels are evil and a crime against humanity in my view. We Canadians are an energy rich nation yet we choose to turn our food crops (wheat, corn, canola) into so called green energy. Thus driving up the price of basic food crops around the world. And we wonder why people resent us in the 3rd world ?? Oil is going to be around for a long time even if we invent a new and free power source for our vehicles. How many 10's of thousand products come from oil ? As an Alberta oilman I hope someone does come up with alternative to gasoline and diesel. Light sweet crude will be practically worthless. In Alberta we are sitting on 2 trillion barrels of heavy crude. Perfect stuff for the Petro-Chemical industry. My money is staying in oil for long term. Investing in companies that have new technologies for extracting heavy oil. http://www.megawestenergy.com/tech/index.html I do NOT own or work for Megawest but put there link in as a source of information only. They have pie charts........I like pie chats ok ...LOL

The high price of oil has hunt everyone and is still hunting people out there. If you making a profit at $50 dollars at barrel thats good and I know thats true but when you hike the price up just to be greedy and put millions out of work thats dont the way to do things. That what the oil companys did and they are still doing it. The cost of everything has gone up because of the people predicting the price of oil to go up.
Oil is not a product it doesn't grown on the ground. its pumped out of the ground and like you said we have more then we need. why buy it from other countrys and make them rich? Why not pump our oil and keep our people working? Things have got way out of hand at the pump.