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Common Ground Common Sense > Issues that Affect Our Lives > Energy Independence, Environment, Science and Technology > Energy, Environment, Science and Technology Issues Archive
GoIllini
One Share of APA: 0.35 barrels per year production, + nat. gas. About 3.5 barrels of proven reserves (and growing steadily) per share.
WAS: $77/share, mid-september
YOU PAY: $64/share

One Share of COP: 0.24 barrels per year production (plus nat. gas), and 0.60 barrels per year refining capacity. Somewhere around 4-5 barrels of reserves per share?
WAS: $70/share, late-september
YOU PAY: $61/share

One Share of CVX: 0.3 barrels per year production (plus natural gas), and .3 barrels per year refining capacity (.35-.4 once Pascagoula comes online). About 3 barrels of reserves per share.
WAS: $65/share, late-september
YOU PAY: $59.50/share.

APA has an excellent record with the environment and social responsibility. CVX does a decent job, but I'm a little concerned about a few social justice issues in Nigeria. Haven't vetted COP as much as I'd like to, because I haven't invested in them, but I haven't heard anything particularly egregious.

Other energy deals:

MEE- produces a half-ton of coal per year per share. Was $55, now $44. If CTL ever gets underway, a share of MEE will produce the coal needed to make .6 barrels of oil.

EXC- produces about 40 watts of electricity per share, a little more than half from nuclear (not subject to nat. gas price or coal price spikes). Was $56/share, now $47.
GoIllini
A 24 million share block trade of Exxon has marked prices down again!

APA: Now only $61

COP Now only $59

CVX: Now only $57

MEE: $42.50

October/November is a great time to buy stock, and energy doesn't seem to be an exception.


At the very least, you'll agree with me that all those nasty oil execs who were making billions off of Americans have lost a lot of money.
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