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TheCapitalReport.com
April 12, 2006
Greetings!

Why Look at Greater Sooner Holding, Inc. (OTCPK: GSNH)?

Look at What Has Been Going on With Oil and Gas
Reports that President Bush is studying a military strike on Iran's nuclear program drove oil prices Monday to heights not seen since Hurricane Katrina tore through the Gulf Coast last year. It would appear that gasoline prices aren't far behind, meaning a return to $3 per gallon looks more and more likely.
Crude oil rose 2 percent Monday to close at $68.74 per barrel. That's just below last year's peak of $69.81, set the day Katrina roared ashore.

Gasoline prices, likewise, have continued to climb, jumping roughly 30 cents in the past month. A gallon of regular now averages $2.68 nationwide and $2.81 in California, according to the federal government.

Energy analysts expect both oil and gasoline to keep heading up, at least for now. Oil prices are primed to test the $70-per-barrel barrier. Some futures contracts, which give holders the right to buy oil for a set price months or years from now, already have crossed that threshold.

Oil traders also have been keeping a nervous eye on Nigeria, where rebel groups demanding a greater share of the country's wealth have been attacking petroleum facilities, cutting production by 9 percent last month.

International conflicts often play a role in crude prices. But the effect has been magnified in recent years by tight worldwide oil supplies. America, China and India are using more oil than before, while supplies have been stagnant. Any disruption in the flow of oil can hurt.

Production by the Organization of the Petroleum Exporting Countries even fell last month, according to the Platts energy information service. In the past, Saudi Arabia often tried to ease price spikes by increasing the amount of oil it produced. But the kingdom's output has barely changed in recent months, leading most analysts to believe the Saudis are pumping about as much as they can.
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wenig später:

*****
TheCapitalReport.com
April 12, 2006
Greetings!

Greater Sooner Holding, Inc. (OTC: GSNH)

Recap of GSNH
Greater Sooner Holding, Inc. (OTC: GSNH) is a group of dedicated oil and gas professionals with experience in exploration, development, production, and management of oil and gas assets.
Many known domestic oil and gas reserves have previously not been economically feasible to extract due to lower oil prices and the high expense associated with drilling and exctracting difficult to reach domestic reserves.

GSNH locates pre-existing wells and brings them back on line and at a fraction of the expense of drilling new wells. Some wells just need cleaning and servicing, and can be brought back into production within a matter of weeks.

Click Here to Visit TheCapitalReport.com for a GSNH Profile
TAKE A GOOD LOOK AT OIL
Oil traded around $30 just three years ago, back when most Americans spent about $1.50 or $1.60 for a gallon of gas.

Geopolitical fears and tight supplies have helped keep crude oil above $60 for all but five days this year. International conflicts often play a role in crude prices. But the effect has been magnified in recent years by tight worldwide oil supplies.

America, China and India are using more oil than before, while supplies have been stagnant. Any disruption in the flow of oil can hurt.

Reports that President Bush is studying a military strike on Iran's nuclear program drove oil prices Monday to heights not seen since Hurricane Katrina tore through the Gulf Coast last year.

Another source of concern is that more than 300,000 barrels per day of Gulf of Mexico production remains off the market as a result of last summer's hurricanes.

With the price of oil at a premium, and seemingly going higher, GSNH is bringing innovation and resourcefulness to get proven assets back into production as it continues to drill for new wells in prime new locations to maximize returns. Oil and gas plays have done extremely well lately. Last Friday, I mentioned that GSNH may be a nice bounce play. I don't think we have seen anything yet.
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aus der Diskussion: Greater Sooner - Explorer vor Explosion
Autor (Datum des Eintrages): siawinjan  (12.04.06 20:27:55)
Beitrag: 1 von 5,669 (ID:21182432)
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