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Absolutely Boz..However there is a storm brewing that is going...

  1. 518 Posts.
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    Absolutely Boz..

    However there is a storm brewing that is going to
    affect us all.For if we don't help coal become a
    "friend" on this planet,life as we know it will
    change dramatically.

    Russia's Gazprom is still pushing hard for $US 200
    dollar oil late 2009 or early 2010.Forecasting that
    gas prices will follow suit.Russia and cohorts control
    63% of the worlds natural gas via a developing cartel.

    Matt Simmons [twilight in the desert] stated that
    between 50/100 Trillion dollars needs to be spent
    on Peak Oil to avert a global crisis.

    T Boon Pickens said that "the worlds oil market is
    stretched tight like a bed sheet,oil has to go up
    because the people that have the oil,are running
    out of oil,85MBPD is all the world can produce,the
    demand is 87MBPD...its that simple...supply and
    demand..that's it".

    A summary of the oil and gas report suggests that
    oil production will decline at a rapid rate and
    supplies will not match demand after 2015.Around
    2030 the "top five" exporters will be "no more".

    July/08 CSIRO report says that if reduction in oil
    is rapid and alternative fuel is slow [look around]
    to materialize-then passenger and freight travel will
    be reduced by 50%.

    Linc has appointed UBS Bank to crack the whip on the
    disposal of some company assets.

    The UBS Bank [Used to Be Smart] put out a report last
    year that declining oil production and future demand
    would eventually lead to a collapse of the system.
    For the world needs "epic" amounts of energy,and when
    you start reducing that energy "poof"..it wouldn't be
    the first time an advancing civilization went from
    decadence to poverty in one generation. [end]

    Who will benefit from Linc's probable 5bt of Qld coal,
    the UBS Bank...or the shareholder?.

    Len [bless him] stated that CXY has 2.500+ mt of coal
    "collectively".Cougars move into gas/electricity mode
    was a well timed strategic move.Later on a "puma" at
    the pump would be very rewarding.

    Hopefully, before Kingaroy is up and running,all three
    of the present UCG operators will be performing via a
    united front for this will give the budding industry
    an "absolute" credibility.

    Alex Klimenco's Ucg research on a current Google Alert
    is another reminder..not to waste time.

    Perhaps Mr Rudd needs to jump into a UTE with green
    lights set all the way to PBs doorstep and "do a deal"
    to stop UBS/LNC siphoning off some of the Nations
    future fuel supply.For if this potential diesel goes
    overseas,then vast amounts will follow,setting the
    stage for a CSIRO prediction...$8.00 LTR FOR PETROL.

    [now imagine what will happen to food prices]

    The above should make your day Boz.

    HM.



















































 
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