Monday, October 21, 2013

Update from the Oil Patch

Major trends/events in our hydrocarbon-driven world:

The Chinese and the Indians are competing for foreign hydrocarbons to fuel their future.

The land grab is over and now there is a $2-5 trillion opportunity for investors to invest and economies to benefit from US shale deposits.

Brazil is auctioning off rights to drill yet another HUGE oil discovery, bigger than the last HUGE oil find, which they named after leftist former President Lula da Silva.


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