The Crude Oil Reserve 8 Times Bigger
than Saudi Arabia's
While oil demand grows higher by the day, supplies are in a constant state of flux…
The Middle East’s tinder is constantly catching fire, and the other major crude oil players are either unfriendly (like Venezuela and Nigeria) or simply running out of oil (like Mexico and the North Sea region).
But Alberta, Canada’s oil sands, once too costly for crude oil refineries to process, have suddenly become a veritable black gold mine. Now…
The cost of refining crude oil from tar sands has dropped from $29.63 a barrel to $13.21 – and continues to fall as oil production ramps up.
Canada’s sands contain up to 2.5 trillion barrels of oil – that's more crude oil reserves than every OPEC country combined.
With the razor-thin gap between supply and demand – and the volatility of producing nations not priced in – the crude oil price is an undervalued commodity at $90+ a barrel.
Our free report is all about crude oil and the premier crude oil sands refinery, where profits are roaring.
http://www.investmentu.net/ppc/t4oilcrude3.cfm?kw=X300H800&OVRAW=oil%20prices&OVKEY=crude%20oil%20prices&OVMTC=advanced&OVADID=24818240022&OVKWID=68951088522Oil's Price is Soaring and These Companies Are Poised to Profit
What's Causing Oil to Spike and How Do Investors Capitalize
Oil prices are expected to continue their upward march. It recently crossed the $100/barrel threshold that energy analysts have predicted. Their next prediction: “Black gold” could reach price points up near $200 within 12 months.
But if that happens, it won't be a straight line. Oil's price moves reactionary to geopolitical events, especially those in the tumultuous Middle East. That, along with slowing major economies and a falling dollar, causes oil's price to fluctuate wildly.
Regardless, exploration companies are going to continue to buy and install deepwater, sub-sea production systems.
If oil is high, they reap profits. If oil is cheap, then customers will line up to buy, therefore reaping profits… a virtual can't-lose scenario.
So check out these companies…
http://www.moneymorning.com/ppc/oil_2008_jg8.html