RE: Brent Cook/Van Eeden - joke analysisCalifdreaming. That's a good handle but your post sucks. With a post like that you should change it to pessimistic dreaming.
First off ethanol is way too expensive to produce to compete with oil. Check out the price of fertilizer these days.Wonder why it is going throught the roof. If oil keeps rising then it will be competitive but on the other hand the ethnol producers will probably see their raw material increase also.
Danny Williams has got the undeveloped Hebron heavy oil project back on track. Where do you think that oil is going to go once they get it developed.
The way I see it, Danny has Nfld open for business which is a good thing since Nfld has been one of the have not provinces and they do deserve to be a have province.
There probably will be a delay in the project due to the ABCP problem but when the dust settles they will eventually get the project going. On a possible up side, you just never know if one of those wealthy Oil producing companies show up with some backing then this could get it back on track. With record $100 bucks plus a barrel the oil producers are swimming in cash.
JMHO
MM
.