A Growing Force in Overlooked North American Energy Opportunities
Natural gas and Oil in Production from Various Wells
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AGORACOM Launches Portfolio Feature!

We are proud to announce that the much anticipated Portfolio feature is now live.  Track your favorite US and Canadian stocks in one place., as well as, market indices and even your net wealth.

To access your portfolio, click on "My AGORACOM" at the very top of the page, and then click on "Portfolio" in the left hand navigation.

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Thank-you for making AGORACOM the best small-cap community on the web.  Look for more great tools and updates to help you.  Post comments and feedback to George's blog.

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Lexaria Corp > Message
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Re: Reserves on their own don't matter. What matters is the cost of getting them

Posted by: commerce on March 24, 2008 10:42AM

In response to: Reserves on their own don't... by nold4u

That can happen only if the West's big oil companies repeat their achievements of the 1970s and 1980s with a series of exploration successes, such as Brent and Forties in the North Sea and Prudhoe Bay. The worry is that today's spending is not delivering many more barrels, just more expensive barrels. The cheap barrels are out of reach in Iraq, Iran and Russia. It's not peak oil we have to worry about but oil inflation.
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Chris Bunka
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October 11, 2007

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