Massive Oil Discovery in Australia, touted as a Deathblow to the Saudis.

[Trickzta]

Spot on Dave. I messed up with dates. Your assessment was first class.
http://www.nationofchange.org/peak-oil-dead-1389370503

Maybe the Nation of change is not Mainstream, but I found this perspective an interesting read.

Risk and luck is applicable as an unknown variant* which is impossible to ignore, difficult to determine, yet in some cases is crucial to the ultimate success or failure of some projects.

Ian and Dave, thanks for your input, I wouldn't, even if I had the means, invest in such a venture.

Not without a lot more luck and a lot less risk. Not from a straight business point of view at least.

Tax and losses with respect to tax and other shady schemes, although possibly not illegal are not considered here.

[Trickzta]

The old new year scam. Well I for one was fooled, damn.

I've two items, that's two posts by cell, here is one (hope I don't lose the other)



India to surpass China in energy needs in 2020s.

This and other news, trends, forecasts on many topics to found here.
http://www.worldenergyoutlook.org/pu...ions/weo-2013/

[Trickzta]

Ouch, they are both here. Outsmarted by my phone again.

[Trickzta]

Sorry about the link, but there is way too much info for me to to summarise.

This shale oil deposit is in the news for another reason, old time rock star Neil Young is supporting the Indigenous Tribes in their effort to expose the pollution being caused by the mining sector. (not mentioned in this report)

Is shale oil a viable and reliable source of gas and oil? Is it sustainable? If yes, then perhaps this could be a good investment.

The Australian find was far from any infrastructure such as roads, rail and housing. This Canadian venture does not face this dilema. The locals are not happy about this development, but I doubt they can stop it from developing, now that the ball is rolling (opinion)

Here is the link, I have not done a lot of research on this, I'm not sure if research is worth while in this case, possibly someone with more business savvy could clear this point up.

http://centorenergyreport.com/index.html