Dallas, TX -- (ReleaseWire) -- 07/21/2008 -- TwinTrader.com announces the publication of ‘Peak Oil May Sprout “Space Program-size” Funding’
Investors can view all of the investment articles and publications for free by visiting:
http://www.TwinTrader.com
Peak Oil May Sprout “Space Program-size” Funding
”The hope of oil retreating back to the $30 level has since been shattered as fantastic and naïve wishful thinking. Steve Forbe’s prediction last year of $30 oil has proven to be way off the mark. Many other “well-informed” pundits of the “peak oil” theory have turned mute, recently, and for very good reasons. It appears that the peak oil theorists are winning the debate this year, not with mere talking points, but with hard price and inventory levels data reported each day, and each week in the case of oil inventories...
”While President Bush and the reluctant congress fight over the lifting of the ban on Outer Continental Shelf (OCS) drilling, more valuable time is wasted in providing a sensible energy policy for our nation. Lifting the executive prohibitions of drilling in the OCS will not solve the problem anyway, according to ex-energy advisor to George W. Bush, Matt Simmons. And according to Simmons, the oil there is not enough and the time required extracting the oil is too far into the future to make any meaningful difference to the price of energy...
To read the entire article visit http://www.TwinTrader.com
Join the fastest growing investor community at:
http://www.stocknetworkonline.com
TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.