[FoRK] Mises: Will We Run Out of Energy? by Mark Brandly

Gregory Alan Bolcer gbolcer at endeavors.com
Thu May 20 16:08:34 PDT 2004

They did a study of California oil and gasoline prices.
They found the largest profit in the supply chain is
the manufacturers as they simply pass along their specialty
regulation manufacturing downstream.   Shell, ARCO BP,
Chevron, Conoco, etc.  are still trading 10-20% below
what they were 4 short years ago.



Russell Turpin wrote:
> In companies whose value largely lies in the reserves
> they have in the ground. Obvious, right? I don't
> know that I'm particularly good at picking these,
> so I'm not going to make any specific recommendations.
> There's a good chance that oil will stay high, and
> my investments still will lose. ;-) Also, these kinds of
> companies tend to be sensitive to interest rates,
> since they're valued for their dividends. So with rates
> going up...
> I also don't own any suburban or edge real estate.
> Whump:
>> That would be the stone knife and bear skin futures market.
> Trade in endangered species is illegal.

Gregory Alan Bolcer, CTO  | work: +1.949.833.2800
gbolcer at endeavors.com  | http://endeavors.com
Endeavors Technology, Inc.| cell: +1.714.928.5476

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