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Gen III Oil Corporation V.PGK

Energy Metals & Mining Oil & Gas Refining & Marketing Gold
"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products. The company's ReGen process utilizes common technologies in use throughout the world, but in a configura


TSXV:PGK - Post by User

Gen III Oil Corporation > PNG Gold Corporation and VeroLube Inc.
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Comment by habibi1on Feb 10, 2015 11:30am
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Post# 23414306

RE:RE:RE:PNG Gold Corporation and VeroLube Inc.

RE:RE:RE:PNG Gold Corporation and VeroLube Inc.
The US Department of Energy reported that crude-oil stockpiles reached 406.7 million barrels in January, the highest level since the government started keeping records in 1982.

Higher supplies wouldn’t be an issue if demand were keeping pace, but thanks to improved drilling technology (fracking), the US is now awash in oil.
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