oil price , page-3

ray

I follow a number of speculative stocks and I have to say a fair percentage of them are coincidentally suffering communication constipation all at the same time. If Dyesol were the only guilty party I would likely be a tad more tolerant but it is not so I'm most certainly not a happy chappy at the moment.

I would expect an announcement in the next few weeks about the US jv and hopefully also one about the German jv in the same timeframe. Hopefully Tata will allow Dyesol to shout from the rooftops about the demonstration facility that is supposed to open at the end of next month. The REALLY big thing could come in May when I understand Tata is to make a final investment decision on commercialising the steel sheeting (I did read that somewhere on the Tata website I'm 95% sure).

I reckon Italy will be the european country most directly affected were Libya to break apart. They have an oil pipeline from Libya and their main oil company is heavily invested in Libya. Also I guess because Libya was a colony of Italy less than a hundred years ago and still has territory quite close to Libya any stampede of refugees would likely head towards Italy first. Given that Italy is not the most stable of EU countries it could end up being the collateral damage of what is happening in Libya.

I am not sure whether the Europeans would translate an oil panic and spike into the need for novel solar technology as one cannot directly be replaced by the other. Possibly any increased instability in Russia with its gas resources may better help join the dots (?). But if it helps Tata give the green light to the steel sheeting project then I say bring on even $300 oil. :-)