"LIGHT CRUDE OIL 2005-APR $46.950”
"LIGHT SWEET CRUDE OIL 2005-APR $46.950”
From NR
"The technology is supplied by Johnson Controls LP’s cooperative partner, Thermal Energy International Inc., of Ottawa, Canada."
This partnership is one of the revenue sources that will turn JCI into a 30+ billion dollar company in short order (1-3Yrs). The ripeness of the "Energy reduction / Environmental compliance" niche market that is now being harvested on TMG's behalf by JCI is why words like "exited" are being attached with the progress being made in the development of the aforementioned market.
Why, just get your head around this number below and all other criteria is secondary to any argument, $'s are king in a clients decision to move ahead with new expenditures. Oil prices fluctuate and will only stay high as long as (1) mideast conflict exists (2)we consume finite oil reserves at an ever increasing rate. The conflicts can't last forever but as a businessman I wouldn't bet my job that it’s not going to be solved in the next 5 years. Secondly the current worlds oil use is here till the bitter end hence we have TMG's reason for existence.
"LIGHT SWEET CRUDE OIL 2005-APR $46.950”
“The heat recovery solution is an “exciting” element of the overall project, as it reduces energy consumption while simultaneously benefiting the environment by reducing CO2 and VOC’s,” said Joe Kaveski, vice president, energy management services at Johnson Controls. “The utilization of this technology for an e-coat paint process has broad applications across many industries including automotive, printing, pulp and paper, and various other manufacturing processes. These applications make it extremely beneficial on many levels for a manufacturing company like Camco,” added Kaveski.