消費國, 供應商誰決定價格?
中國堅稱自己在運行一個市場經濟,但它發現自己很難接受「供求法則」也適用於原材料和能源。上個月,中國強硬反對鐵礦石提價的努力,遭到了丟臉的失敗。如今,它又在進口液化天然氣方面犯下同樣的錯誤。
在 鐵礦石案例中,中國的錯誤在於,它奇怪地假設,自己作為全球最大的鐵礦石消費國,會在與生產者的談判中佔據某些上風,而事實上,鐵礦石是一個賣方市場;在 這個市場中,正是中國的龐大需求推動價格飆升。與之形成反差的是,在液化天然氣市場,中國仍是一個相對較小的買家,但它似乎認為,其國內市場的長遠潛力, 使它有資格從外國供應商那裡獲得特別讓步。
不出所料的是,液化天然氣供應商拒絕上鉤。中國對此的回應是,暫停有關進一步採購的談判,並放緩碼頭接收終端和其它必要運輸設施的建設。不過,中國政府的頑固戰術,只會傷害自身的利益。生產者完全可以忽略中方,因為有很多客戶願意接受他們的要價。
中 國政府官員稱,中國能夠撐到價格下跌之後,再增加液化天然氣的進口,這表明中國政府對全球市場的理解何其貧乏。他們的說法不能成立。推遲液化天然氣的采 購,將會危及中國未來的能源安全,因為在這個市場上,幾乎所有供應都綁定了長期合同,因此,中國可能被排擠在全球市場之外。此外,液化天然氣供應合同具有 價格靈活性,因此,油價下跌會引發液化天然氣價格的跌落。
中 國的僵硬立場,意味著政府現在很難實現其提高天然氣消費比例的承諾,即到2010年,將天然氣消費佔能源總消費的比例提高至8%──這是降低長期污染水平 的必要步驟。此外,這種立場還會造成巨大的經濟代價。天然氣供應短缺已導致一些發電廠停產,可能在用電高峰期造成更嚴重和更大範圍的拉閘限電,以及影響工 業產出。
中國對國內石油和天然氣價格設置上限的做法,進一步加深了政策方面的混亂。儘管中國已在設法放開價格管制,但行動非常緩慢,國內價格與國際市場價格仍然相差懸殊。長此以往,這將扼殺降低國內能源消費、提高中國極低水平能源效率的動力。
對於一個關注能源和原材料安全的國家而言,這些應該是當務之急。如果中國認為自己能夠利用其經濟實力,迫使外國生產商以優惠價格滿足其需求,從而為它的壞習慣「埋單」的話,那麼,它是在自欺欺人。
(from www.)
The U.S.
Govt』s Secret Colorado
Oil Discovery
http://www.stansberryonline.com/OIL/20060405-OIL-COL.asp?pcode=WOILG440&alias=200604OIL
Hidden 1,000 feet beneath the surface of the Rocky
Mountains lies the largest untapped oil reserve in the world — more than 2
TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.
Three companies have been chosen to lead the way. Test drilling has already
begun…
Dear Reader,
Five months ago, the U.S. Energy Department announced the results of a land
survey…
It was conducted to determine the official amount of oil a thousand feet deep
in the Rocky Mountains…
They reported this stunning news:
We have more oil inside our
borders, than all the other proven reserves on earth.
Here are the official estimates:
- 8-times as much oil as Saudi Arabia
- 18-times as much oil as Iraq
- 21-times as much oil as Kuwait
- 22-times as much oil as Iran
- 500-times as much oil as Yemen
…And it』s all right here in the Western United States.
James Bartis, lead researcher with the study says, 「We』ve got more oil in this
very compact area than the entire Middle East.」
More than 2 TRILLION barrels.
Untapped.
「That』s more than all the proven oil
reserves of crude oil in the world today,」 reports The Denver Post.
When asked about America』s
least-publicized oil supply, Utah Senator Orrin Hatch said:
「The amounts of oil are staggering.
Who would have guessed that in just Colorado
and Utah, there is more recoverable oil than
in the Middle East?」
Here』s the kicker…
The U.S. government already owns the land.
It』s been right there under our noses the whole time.
In fact, the government』s appointed
a small group of companies to begin the drilling.
Test drilling has already begun.
And the profit forecasts are
ridiculous. According to the RAND Corporation (a public-policy think tank for
the government), this small region can produce:
Three million barrels of oil
per day… That translates into more than $20 BILLION a year.
These are the conservative
estimates. The U.S. Energy Dept. estimates an eventual output of 10 million
barrels of oil per day. At that rate, the money flow would be even greater.
I』ve written this letter to tell you everything I』ve learned about this rarely
publicized oil reserve… who』s drilling it… and how to get a piece of the world』s
biggest, untapped oil supply — before it』s too late.
Here』s the full story…
The Next American Oil Boom
There』s a new source of oil in the
American West.
Today, it sits idle — untapped —
inside more than 16,000 square miles of rock and sand.
Geologists call what lies in this
region, oil shale.
What is oil shale?
At first glance, oil shale looks
like an ordinary black rock.
It feels grainy to the touch and…
greasy. You see, what』s inside oil shale has huge governments, Big Oil, venture
capitalists, and even everyday investors scrambling to stake a claim.
Oil shale — when heated — oozes
bubbling crude.
This precious resource is rare —
found only in a few select countries. Places like China,
Brazil, Estonia, Morocco,
and Australia.
But the real story is how much
untapped oil shale lies beneath U.S.
soil. As the chart to the right indicates, there』s 4-times more oil shale in
the U.S.
than in all other countries combined.
Over the past 125 years, oil shale
has been the secret oil source for a handful of nations. Specifically, those
fortunate enough to have it…
- China』s been using oil shale since 1929.
Today, China
is the largest producer of oil from oil shale. It plans to double the
daily rate of production soon.
- Estonia is an oil shale dependent economy. Over
90% of the country』s electricity is fueled by shale oil. In fact,
electricity run on oil shale is a chief export.
- In 1991, Brazil
built the world』s largest oil shale facility. They』ve already produced
more than 1.5 MILLION tons of oil to make high quality transportation
fuels.
- Jordan, Morocco,
and Australia
have recently announced plans to utilize their oil shale resources. All 3
governments are currently working to build oil shale facilities.
But all these
countries』 oil shale resources pale in comparison to the U.S. supply. As
you can see from the table to the right, the United States dominates the oil
shale market — with over 72% of the world』s oil shale resources.
Our gargantuan supply of oil lies
beneath an area called the Green River Formation — a barren stretch of land
covering portions of Colorado, Utah, and Wyoming.
World-renowned geologist Walter
Youngquist calls the oil beneath the Green River Formation, 「a national
treasure.」
Congress calls this area simply,
「the next Saudi Arabia.」
It』s easy to see why…
This region holds the largest known
oil reserve on the planet…
Colorado』s Oil Lands — Restricted for 76 Years, Now
Open for Drilling
There are over 16,000 square miles
of oil shale in the Green River formation...
Each acre holds 2 million barrels
of oil — it』s the most
concentrated energy source on earth, according to the Energy Department.
The federal government owns 80% of
this oil-rich land.
In fact, the government placed
protective legislation on this land in 1930, forbidding anyone to touch it.
You see, the government always knew
this land was saturated with oil — but getting it out has always been
expensive.
Buying oil from foreign countries
was always the cheaper bet. It has been for the past 80 years.
Wisely, the government kept the land
around for a 「rainy day」, protecting it with 1930s legislation.
I』m sure you』re aware of today』s
situation at the gas pump. Buying oil from foreign countries has gotten out of
hand. The price of oil is sky-high. It』s way too expensive to keep buying
foreign oil. In other words, the 「rainy day」 has finally arrived.
The timing couldn』t be more perfect.
Oil shale technologies have begun to advance – drastically.
Companies are coming up with ways to
extract oil from the Green River Formation very cheaply.
For example, one Utah-based company says it can extract the oil for as little
as $10 a barrel. In fact dozens of companies have stepped forward with similar
claims. With oil prices approaching $70 a barrel – these are pretty significant
breakthroughs.
That』s all the government needed to
hear.
On August 8, 2005, President Bush
signed into law, a mandate lifting the protective legislation on the Green
River Formation.
This mandate is called The Energy Policy Act of 2005. It
calls for the opening phases of oil extraction in the Green River Formation –
the world』s most concentrated energy source.
We』re finally ready to tap the
largest oil reserve on the planet…
「The United States
Could become 『The New Middle East』」
~
U.S.
Energy Department Survey
If you want to get in on the
American oil shale boom, here』s what you need to know…
The New Middle
East
It
can be difficult to imagine such massive amounts of oil. Below, I』ve included
a page of the Energy Department』s classified report. It puts into perspective
how much recoverable oil we have — and the kind of money that will be made…
There』s
so much oil in this region the Energy Dept. thinks we could become the
world』s leading oil producer.
This
reserve is so big it』s projected to last for 500 years, according to some
estimates.
You could even add together all the
oil in the Middle East—and our reserves
would still come out on top — 3-TIMES LARGER.
That』s
a lot of oil.
|
Of the 2 trillion barrels of proven
oil in the Green River Formation — between 800 billion and 1.2 trillion barrels
are recoverable. That』s the amount of oil we can actually get out and use.
Extracting this much domestic oil is
very attractive to the government, especially in today』s politically unstable
environment.
It』s estimated that tapping U.S. oil shale
would decrease domestic oil prices by as much as five percent a year.
That may not sound like much, but consider that a 5% drop in oil prices would
save Americans $15 - $20 BILLION a year at the gas pumps.
That』s why on August 8, 2005,
President Bush signed into law the Energy
Policy Act of 2005.
This historic legislation
officially opens up the Green River Formation to a handful of drilling
companies.
In January, the government gave
six companies 160 acres of the government's oil-rich land apiece – to test
their oil shale drilling methods for commercial production.
Already 3 have been cut… Now only 3
are left.
From the remaining three, I think
only one company』s drilling technology will meet the government』s strict shale
development standards – and go on to develop oil shale on a commercial level.
This company would be responsible
for launching America』s first commercial oil shale operation and production 「…Leading the way to more than two trillion
barrels of oil shale deposits in the Green River Formation,」 writes the U.S. Federal News Service.
I』ll not only tell you who I think
this company will be…
I』ve found several more ways
you can make money from this situation.
How much can you expect to make?
You might be stunned when you see
the numbers…
U.S. Oil Shale Could Make You
$551,900 in the Next Few Years
You may be aware of a similar
situation going on, right now in the oil business, in an area called the
Alberta Oil Sands.
This region in Northern
Canada holds billions of barrels of oil – which also happen to be
locked inside large amounts of sand and rock.
Why am I telling you this?
Because in their recent analysis of
the Green River Formation, the Energy Department wrote that the opportunity to
make money in U.S. oil shale
is 「Comparable to Alberta,
Canada Oil Sands.」
If you know anything about Canadian
oil sands, you know for the past 5 years they』ve been moneymaking machines.
Here are a few examples:
- In late 2003, Jay Reardon bought shares in a company called
Western Oil Sands. If he cashed out today, he』d profit $364,070.32.
Needless to say, he』s holding out for more. Western Oil Sands has gone up
1,564% in the last 5 years.
- Investor J.R. Stanton got in on a company called Suncor
Energy in April 2003. Today, he』s built a lasting family fortune worth
more than $824,900. Since the late 90』s this stock has taken off 2,390%.
- Since she began investing last year, Nichole Brubaker has
made over $28,300 with Canadian Oil Sands Trust. This cash cow has
returned a solid 1,605% since 1998.
A $10,000 investment in each of
these leading oil sands companies in the late 1990s would now be worth more
than $551,900.
Incredibly, even more money stands
to be made with U.S.
oil shale — at least 3-times more, by my calculations.
How do I know?
Just look at the numbers:
Fact #1 – U.S. oil shale is 2-times as dense as Canadian
oil sands: It takes 2 tons of Canadian oil sand to produce one
barrel of oil. It takes only half as much oil shale to generate a barrel of
oil. There』s simply more oil in oil shale.
Fact #2 – The
U.S. has larger oil
resources: There』s 11-times more oil in the U.S. than there is in Alberta,
Canada.
See for yourself in the chart below.
Remember, U.S. oil shale is still untapped. A
bigger supply of oil means longer lasting resources – and potentially, longer
lasting opportunities to make money.
It』s important to know that the easy
money has already been made in Canadian oil sands.
Oil shale is still a ground floor
opportunity.
The RAND corporation (a government
research think tank) says the oil shale industry could be a $20 billion a year
industry in the U.S.
All you have to know is where all
that money is going.
Because I've been involved in the
oil business for the past decade, I can tell you exactly what's happening, and
how to take advantage of it.
How to Stake Your Claim in
2 Trillion Barrels of Oil
I』ve spent every day of the past
three months researching every possible way to make money with the massive U.S. oil shale
supply.
I』ve found a total of FIVE ways.
The first way is with my favorite oil shale company. I
think their new drilling process is so innovative, the government will likely
choose them to drill the mother lode in the Green River Formation.
How do I know they'll get the green
light?
For the past 5 years this company
has been tucked away deep in the Green River Formation – pumping out shale oil.
However, it began laboratory testing back in 1981 – so they have more than 25
years of research under their belt.
Their process can extract oil for as
little as $25 a barrel. With oil prices hovering around $70 a barrel, this
company stands to make a fortune.
They』ve even submitted the largest
patent application in history for their drilling process, so it will be
protected for the next 20 years.
This revolutionary process heats the
rock and sand while it』s still in the ground. Then they pump the oil as it
oozes out from the ground.
It』s cheap... Low profile... and
environmentally friendly.
Altogether this company has invested
more than $1 BILLION on alternative fuel sources, like oil shale. That』s not
including their $150 million investment in China』s oil shale resources.
But here's the best part...
This company states they can produce
one million barrels of oil per acre in the Green River Formation. The
government owns over 800,000 acres there. If the government grants them full
access, and I think they will, that would be more oil than any company has ever
extracted from oil shale.
When full-scale drilling begins,
this company could double their daily rate of oil production… and double their
share price. They』re even paying a generous dividend thanks to their other oil
operations.
If you want to get in on the
American oil shale boom, making money begins with this drilling company.
I』ve just finished compiling an
in-depth research report detailing everything you need to know...
It』s called The U.S. Government』s Secret Oil Supply: How
to Make Money in the American Oil Shale Boom.
This comprehensive report analyzes
all the government nominated companies, including my favorite oil shale company
– the company I think the government will choose to go after TRILLIONS of
barrels of oil in the Green River Formation.
But that』s not all…
I told you I found FIVE ways
to make money in the coming American oil shale boom. Here are the four
others...
Four
More Ways to Cash in on the American
Oil Shale Boom
To fuel its massive oil shale
heaters, my favorite oil shale company needs an alternative source of power –
something I call the 「secret energy.」
Currently, their 「secret energy」
bills run about $60,000 per month – which will get even larger as oil shale
development grows.
For the companies that supply 「the
secret energy,」 it will likely mean a huge payday.
A recent article in a Colorado newspaper
describes the situation best:
[The secret energy] demand will
also surge when oil shale development takes off in the next few years in the
[Piceance] basin.
The Piceance basin has the highest
oil concentration in the Green River Formation – holding more than 1.2 TRILLION
barrels of oil.
This is the region the
government-selected companies will use to test their shale drilling methods.
I』ve found the largest 「secret
energy」 company that supplies power to the Piceance basin.
How fast does the government want to get full-scale oil
shale production started?
Exxon's oil shale proposal was rejected almost
immediately because they didn't have a ten-year oil shale program in place.
This reveals just how serious the government is about getting U.S.oil shale
production up and running within the next 10 years.
|
|
As long as the government is pushing
the oil shale development in the Piceance basin, this company will have to
supply the power.
And I don』t see the government
leaving anytime soon.
I expect this company's share price
to soar as oil shale development takes off in the coming years. In fact, they
too pay a consistent dividend – paid out steadily since 1989.
I explain the full details in my
report, The U.S.
Government』s Secret Oil Supply: How to Make Money in the American Oil Shale
Boom.
And there's more…
I』ve discovered three more companies
you need to know about…
Take a look at this recent
government quote…
The oil shale [testing] will
take place in the same areas where drilling for natural gas has been rapidly
expanding. If all the leases produce, the area would be transformed into a
highly industrialized zone with a network of roads, pipelines, rail lines, and
power plants to service the gas fields, oil shale heating sites and oil shale
mines.
The
U.S.
Bureau of Land Management
In other words, if you』re a company
going after oil shale, you need more than just the "secret energy"
source, you need natural gas – and lots of it.
Oil shale companies use natural gas
to heat the oil shale, run electricity, and for the day-to-day operations…
Natural gas is the cheapest way to
get energy to the remote areas of western Colorado,
Utah, and Wyoming.
I found three small gas companies
that stand to benefit as oil shale development increases. All sit on
considerable amounts of land in the Green River Formation (some as much as
30,000 acres).
In The U.S. Government』s
Secret Oil Supply: How to Make Money in the American Oil Shale Boom I』ll tell you about all the
government-nominated companies, including my favorite oil shale company, the
「secret energy」 source company, and 3 natural gas companies that stand to
benefit from the situation.
That』s a total of FIVE ways to
potentially make a fortune in the American oil shale boom.
Best of all, I』d like to send you
this report FREE of charge.
Let me show you how to get your
copy…
How to Make a Fortune in Oil
My name is Matt Badiali. I』ve been
studying the oil industry for the past 15 years. I』ve been involved in almost
every aspect of geological exploration and drilling.
I'm a geologist by training... from
my teaching positions at Duke and Florida Atlantic University… to my stints on
a drill rig in Delray Beach, and as a field geologist for a variety of firms.
What it all boils down to is,
understanding the industry… the new technologies being used… where new oil
supplies are coming from… and how those supplies will reach us — the end users…
…I』ve seen it all.
Now, I spend every day researching
and analyzing these crucial details… and reporting my best investment ideas for
a financial research service called The
Oil Report.
What I』m most excited about now is
oil shale…
I』ve spent almost every day of the
past 3 months compiling data for my report on how to own your share of the 2
TRILLION barrels of oil locked inside the Green River Formation.
My report, The U.S. Government』s Secret Oil Supply: How
to Make Money in the American Oil Shale Boom details FIVE
potential ways to cash in on the coming American oil shale frenzy.
I devoted so much time this oil
shale project because I don』t see an easier
way to make a fortune over the next few years.
But don』t just take my word for it…
The Bush administration has already
designated the Green River Formation, 「The Next Big Energy Boom.」
As you can see, the U.S. government
has already set the wheels in motion for oil shale. All you have to do is
follow the path of money…
My report will show you how…
As I mentioned, I』d like to send you
my Special Report, The U.S.
Government』s Secret Oil Supply: How to Make Money in the American Oil Shale
Boom absolutely FREE of charge. The only thing I ask in return
is that you take a no-risk trial subscrīption to my monthly oil advisory, The Oil Report.
Before you decide, however, there』s
something else I』d like to send you FREE of charge.
Oil shale is not the only place oil
companies are looking for oil…
I』ve found another oil-rich hot spot
that could be just as profitable…
Deepwater Oil: The New
Frontier
The Minerals Management Service
estimates that there are 71 billion barrels of oil waiting to be discovered in
the deep waters of the Gulf of Mexico.
There are another 85 billion barrels
off the coast of West Africa…
And the waters that surround the Spratly Islands
in the South China Sea could hold as many as
300 billion barrels.
Altogether, these three regions
alone represent enough reserves to replace HALF of all oil we』ve ever burned on
earth.
Getting to this deepwater oil
requires special equipment, new technologies, and lots of investment.
More money is starting to flow to
the companies that specialize in deepwater drilling. These are the companies
with the right technology to search under the ocean floor… the special
deepwater rigs required to drill there… and the infrastructure to get that oil
back to the mainland.
I』ve found a company with just this
specialty. It』s only a matter of time before this stock really takes off.
Take a look at this recent newspaper
quote…
Owners of offshore drilling
platforms… are also among the first to profit from an oil-industry upturn. The
most sophisticated deep-water drilling rigs cost up to $500,000 a day to hire,
compared with $150,000 two years ago. With the world fleet of such rigs
numbering less than 100, demand far outstrips supply.
~The London
Times, February 2006
Seventy-five percent of all known
deepwater oil reserves still need to be drilled. That』s great news for this
company — who owns nearly half of all the deepwater drilling ships in the
world. No other company comes close.
As demand heats up for their
service, it』s almost guaranteed they』ll bring in a fortune. They charge
$200,000 to $300,000 PER DAY to rent out their ships.
One of the ships is referred to as
the Cadillac of deepwater drilling — the largest and most sophisticated of its
kind.
It can reach far below sea level,
then bore through another 20,000 feet of sand and rock.
As it drills, a sophisticated GPS
system and six thrusters (that can pivot 360 degrees) keep the ship centered
above the well, even in winds up to 95 miles per hour.
Without these rigs, it』s impossible
to drill for oil in deepwater.
But that』s not the only thing you
need…
How do you repair, inspect, and install
deepwater drilling equipment?
How do you transport supplies,
personnel, and equipment to the big offshore drill rigs?
Most importantly, how do you survey
a region to find more oil?
You hire a service company…
3 Deepwater Service
Companies You Simply Must Own in 2006
According to the Sunday Times of London:
The support-services sector —
from contactors who carry out seismic surveys to consultants and rig providers
— is making hay as the oil giants』 profits trickle down the industry. Many
firms are reporting that turnover has doubled in a year.
I』ve found 3 very attractive service
companies that will benefit from the surge in offshore well drilling.
- The first of these companies is a seismic data survey
company. According to the oil-services firm Petrofac, 「Seismic-survey
contractors are the first to benefit when the industry starts to boom.」
It』s no wonder why… Seismic surveys
cost about $2 million per survey.
The company I found is one of the
world』s largest seismic survey contractors.
Their seismic data surveys allow
exploration companies to 「see」 oil below deep underwater structures — capturing
high-quality two and three-dimensional images of huge oil pockets.
They can even produce 4-dimensional
surveys, which record fluid movement in the deep oil reservoirs.
This company has built an enormous
library of underwater oil well data, which includes surveys in the Gulf of
Mexico, the North Atlantic, Southeast Asia, West Africa, North
Africa, Canada,
and Brazil.
With rich oil companies scouring for
oil beneath the deep ocean floors, you can count on them to pay top-dollar for
this small company』s research.
- The second company I found is a marine construction and
pipe-laying company. They』re the people you call when you need something
on your rig fixed, cleaned, or repaired.
They operate all over the globe — in
Asia, India, West Africa,
the Mediterranean, and the Gulf of Mexico —
and work with almost all the major, and many independent oil companies.
Midway through 2005, there was over
$400 million in backorders for their services.
In fact, they leveraged their marine
construction skills in the wake of Hurricane Katrina. They are in position to
benefit from the massive clean-up and repair needs of rigs in the Gulf of Mexico.
- The third company provides service boats and support
services to offshore oil companies around the world. BP and Royal Dutch
Shell already signed on as customers.
This small service company
transports supplies, personnel, and equipment — in ALL aspects of offshore
exploration, development, and production.
They also do pipe laying,
construction, and 3-D seismic acquisition.
In the third quarter 2005 revenue
rose 25%, while net income tripled. Most recently, they announced operating
costs are down significantly from last year.
And I don』t see any signs of a
slowdown.
All four companies are positioned to
take advantage of the surging demand for deepwater drilling infrastructure.
And I』d like to give you the full
details in a special report called, Deepwater
Drilling: The New Frontier.
This report — like The U.S. Government』s Secret Oil Supply: How
to Make Money in the New American Oil Boom — is also FREE of
charge.
To receive a copy of each, all I ask
is that you give my monthly oil research and investment advisory — The Oil Report — a risk-free
trial.
Is The Oil Report right for you?
That』s for you to decide.
Let me tell you more about my
research service…
Following the Industry —
From Every Angle
If you take a trial subscrīption to The Oil Report, I』ll send you
a new report every month on the very best oil investments in the market today.
I』ll tell you about the new supplies
of oil… the oil shale fields… the deepwater prospects… and even new oil sands
discoveries… as the situations unfold. Most importantly, you』ll hear about the
companies that are getting the oil out — so you can get there first.
I』ll also tell you about the
companies that specialize in the new oil technologies — technologies necessary
to find oil in places we』ve never looked before — and the companies that are
using that technology to explore for oil on new frontiers.
I』ll follow the industry from every
angle, and report on the very best opportunities, wherever they happen to be.
In the next 12 – 18 months there
could be dozens of opportunities to
double your money.
The total Oil Report package includes:
- 12 monthly issues of my newsletter — and the full archive
of past issues.
- Special Report: The
U.S.
Government』s Secret Oil Supply: How to Make Money in the New American Oil
Boom.
The Green River Formation is the
largest known supply of oil in the world — holding more than 2 TRILLION
barrels.