The only stock I have that has not lost money in 2007 is Transocean (RIG). They do offshore rigs. I expect tar sands and other projects to do well as well. Maybe there will be another boom like the early 80's. This time it will not fizzle out I expect.
THERES SUPPOSE TO BE 2 TRILLION BARRELS 1,000 FET BELOW THE ROCKIS IN COLORADO AND IT'S SAID TO BE SPREAD OVER INTO UTAH TOO THATS WHAT O GOT IN AN EMAIL YESTERDAY FROM A BROKER TRYING TO GET SOME OF MY MONEY
You would think it would but when they are charging so much to drill a hole now its going to be interesting to see if the production end decides to let them start stacking until they come off their drilling price.
I think it already has in Texas. I predict many more rigs to be built in Wyoming or Montana wherever they found that big tar sand oil reserve.
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