| In the early 1800's, you would have used
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| | gusher to look at some shallow producing
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| far more salt than oil. In fact you
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| | oil fields. Cumberland County, Kentucky
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| would not have much use for oil, but salt
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| | is attractive for drilling because oil
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| was very expensive.Salt was used to
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| | can be found at shallow depths above 2000
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| flavor and cure meats. In March, 1829
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| | feet. Based on my discussions with some
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| "American Oil" gushed 50 feet into the
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| | operators in the area, not much by way of
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| air in Burkesville, Cumberland County,
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| | enhanced oil recovery has been tried in
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| Kentucky. The first American gusher
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| | this area. It would be nice to introduce
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| flowed for weeks and produced thousands
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| | some new ideas into an area of oil
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| of barrels of oil that flowed into the
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| | exploration that is one of the oldest in
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| Cumberland River from Renox Creek.
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| | the USA.What makes my job as a small
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| Eventually this well did produce oil for
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| | operator so exciting is that there are
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| a purpose, but not to heat homes rather
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| | many opportunities to drill in areas that
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| for "medicinal" purposes. It was sold
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| | have been proven performers. If I can
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| under the trade name "American Oil" in
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| | find leases that have current production
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| glass bottles throughout Europe and the
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| | and more acreage to drill, I'll apply
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| USA.Two hundred years from now, what will
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| | some modern techniques to increase my
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| be the commodity that is in high demand?
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| | odds of hitting a nice well. As
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| At present oil reigns king, but the
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| | discussed in previous articles,
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| prospects of continuously increasing
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| | hyperspectral imaging combined with side
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| prices and subsequent economic pressure
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| | view aerial radar will be a starting
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| should spur innovation. I am very much
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| | point for me to identify "hotspots".
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| in favor of alternative energy sources
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| | Following the satellite images, we will
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| such as fuel- cells, ethanol, bio-diesel,
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| | utilize geochemical testing to further
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| wind, solar, and nuclear power. I
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| | refine our focus.It is amazing to me that
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| welcome change and have positioned myself
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| | after over 175 years of known oil
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| in front of many of these trends, but oil
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| | production in a county, I can still
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| continues to be first in my mind as the
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| | unearth opportunities in "American Oil"!A
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| asset I can profit from. My choice of
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| | veteran financial officer for multiple
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| investment is through direct
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| | construction companies, Gerald is an
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| participation oil/ gas deals or common
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| | experienced leader. Seeing the
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| stocks. The other sectors, other than
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| | opportunities in the oil & gas business,
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| nuclear, are still in their infancy, thus
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| | he is now focusing his efforts in
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| very aggressive. If I were to invest in
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| | building value through use of new
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| these sectors, I would utilize
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| | technology in the oil patch. He also
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| diversified sector funds or unit
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| | writes a number of investment newsletters
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| trusts.Next week, I will be travelling to
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| | focused on oil/gas, ethanol, biofuels,
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| the historic area of the Burkesville
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| | and cleantech. Email for free copy!
|
