Comments for Invest in energy's Weblog

Comment on Cayce Oil Drilling Venture – #9028 by David Allisone

David Allisone — Fri, 12 Feb 2010 17:40:22 +0000

As a geologist, I believe that there is merit to the Edgar Cayce Readings regarding a Mother Pool of Oil in San Saba County, Texas.

Comment on Oil Investors Better Protected Under New SEC Rules by Anna Coulling

Anna Coulling — Sun, 06 Sep 2009 15:54:29 +0000

Moves by the CFTC to try and regulate the oil trading market and prevent the kind of speculation which has seen crude oil prices rise from $30 per barrel back towards $70+ this year took an interesting twist yesterday when it was announced that the weekly COT data would now include new details on the aggregate holdings of the big Wall Street dealers, hedge funds and other financial participants. COT data is a useful market sentiment tool but as many of the market participants both hedge and speculate it has become increasingly difficult to analyse. According to the CFTC the new format will be making its debut next Friday.

Comment on San Saba Oil Exploration Project by KIRSTEN WILDLIFE RANCH

KIRSTEN WILDLIFE RANCH — Fri, 09 Jan 2009 20:31:05 +0000

Wendell, your response is very interesting, where exactly is your ranch located? I’m on CR310 (west on 501 from Cherokee) next to the Haverlah Ranch.
Hope to hear from you soon.

Best Regards, Johann

Comment on Energy Mercantilism Undermines Market Pricing on Oil by tom

tom — Mon, 27 Oct 2008 16:27:07 +0000

“The problem is that for every new barrel of oil discovered the world uses 4 existing barrels.”

You have this completely about face. Since the late 1940′s world production has outstripped world demand to the extent that for every 1 ton of oil consumed 3 tons have been found to replace it. That is why proven reserves currently stand at all time record highs, despite a human population having doubled over the same period. The world isn’t running out of oil, it’s running into more and more of it – which is hardly surprising when one recalls that hydrogen and carbon are the most and fourth most abundant elements in the universe respectively.

With best wishes,

Tom

Comment on San Saba Oil Exploration Project by wendell fleming

wendell fleming — Mon, 15 Sep 2008 22:45:46 +0000

There is gas bubbling up intermittantly in a spring on the west side of the ranch. Don’t know what the gas is…….Oil sometimes seeps at a bend where the Cherokee Creek hits a shear wall of Ellenberger Limestone that shows to be the edge of the Barnett Shale play in San Saba Countywith about a 70 degree dip. The creek makes an approximately 80 degree turn to the north along the Ellenberger dip……….Oil also sometimes seeps up near an old oil well casing that is running water to fill a small pond on the west side of my property where I have a water pump installed 200′ down the casing..I don’t know when that well was drilled…………There is also an abandoned oil well casing that was drilled sometime in the 70′w. Only hit water………THere is no record of either of my abandoned casings on the Texas RR Commission drilling record. I’ve looked?…….Anybody interested……..?………….

Comment on So You Think You Know Oil: Maybe Not by Harold T. Sansing

Harold T. Sansing — Mon, 08 Sep 2008 14:22:03 +0000

Thanks for the research. Found it in E. Schley’s column of the Ocala, Florida “Star-Banner” newspaper, Saturday, September 6, 2008.

Comment on Hello world! by Mr WordPress

Mr WordPress — Tue, 15 Jul 2008 21:59:18 +0000

Hi, this is a comment.
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