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January 8th, 2011 at 02:38am Under Oil price
* Online CV/Resume of Hamish McEwan,Drilling Superviser, on Alba Oil and Gas Community (AOGC) Brian Simpson Alba Oil & Gas Community www.albaoil.com *
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January 7th, 2011 at 10:37pm Under Oil price
Senator Kay Bailey Hutchison (R-Texas), Ranking Member on the Senate Commerce, Science, and Transportation Committee, today said it was important to focus on the safety of the nation’s oil and gas pipelines during a Commerce Committee hearing on pipeline safety.
Video Rating: 5 / 5
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January 7th, 2011 at 02:37pm Under Oil price
chuckdevore.com – The Obama administration recently lent billion to Brazil to help in their off-shore drilling efforts ignoring the revenue potential here in the US. Chuck DeVore describes the details behind this pathetic decision. A video brought to you California State Assemblyman Chuck DeVore, the US Senate candidate against Boxer in 2010.
Video Rating: 4 / 5
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January 7th, 2011 at 02:37pm Under Oil price
Invest in oil and gas
Article by Elle Wood
Investing in Oil and Gas Ventures can provide any investor with a large window of opportunity. Today’s investor can choose among numerous projects that offer very high financial rewards, and an investment in oil and gas is definitely one of them. You can expect Return of Capital in 6 to 12 months with greater than average Annual Rate of Return. Risk inherent in an average well is less risky than what it was10 years ago with the probability of success to be better than 90%, however, available projects would be economically attractive if oil prices would fall 50%. There are various advantages associated with drilling. In the United States, Congress has instituted tax incentives to promote domestic natural gas and oil production financed by private resources making involvement in oil and gas ventures to be a considerable tax advantage. The availability of Small drilling prospects is better than ever. Since Oil companies are not as anxious to renew expired leases making lease costs low. Long-range projections of price forecasts are up and since Rig activity is lowest in 50 years, drilling costs are low. In addition, recent advances in oil finding technology has improved recovery and reduced risk with some companies reporting 85% success on wildcat wells. Natural gas is now one of the most deregulated commodities. Since traditional sources of drilling money are no longer available, it is considered a bonanza for independent investors. One of the simplest way to bet on the price of oil is by investing in shares of USO (the U.S. Oil Fund) which is an asset created to track the price of oil. Investors can buy it like a stock. A handful of exchange-traded funds (ETFs) relating to oil are available as well such as OIH, IXC, IYE, XLE, and VDE. Some people prefer to invest in ETFs rather than mutual fund because the cost of ownership is lower, and you can buy and sell them any time through the day. If you are wary of the market, discuss your options with a true Oil and Gas Operator. Discover your possibilities, and weigh the advantages of becoming a true Oil and Gas investor.
About the Author
Oil and Gas Royalty Investments provide additional income with considerably less risk to those who have chosen to invest in oil and gas domestically or internationally. For additional information, please contact SavvyRoyalties.
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January 7th, 2011 at 10:37am Under Oil price
airboyd.tv Courtesy United States Coast Guard/Deepwater Horizon Response ROBERT, La. — Oil and gas stream from the riser of the Deepwater Horizon well May 11, 2010. This video is from the larger of two existing leaks on the riser. This leak is located approximately 460 feet from the top of the blowout preventer and rests on the sea floor at a depth of about 5000 feet.
By Oilism.com 25 comments