Mississauga, Ontario (PRWEB) October 10, 2006
Today, oil refineries are running at an alarming 95% - almost maximum capacity. According to the US Department of Energy, the demand for oil is expected to move 54% higher. At first glance, this might appear to be a major thorn in the side of our economy, but for investors, it’s actually a golden opportunity waiting to be discovered.
Christopher Smith, owner of 1source4stocks.com, stated that, “An up and coming trend you’ll start to see in the very near future (which recently took place) is large companies like ConocoPhillips creating new ventures to extract and refine oil from properties such as the Alberta Oil sands. This creates tremendous opportunity for investors since the demand for oil is only going up and Oil sands are becoming widely accepted as a new, yet viable source for oil.”
So the question remains…Are Alberta Oil Sands a temporary solution to our oil crisis or can we count on them as possible contender in the near future for our primary oil source?
Until recently, it was too expensive to extract the oil to make it profitable. But with oil over $60, Canada’s oil sands could indeed eliminate our need for foreign oil in the very near future.
Smith added that, “This is especially true considering the Alberta Oil sands are smaller than the mass of Florida, yet they can yield more oil than Texas! Add to that the fact that there’s already a pipeline that exists from the Oil sands to the largest consumer of oil: The United States. When I put all these facts together last year, it didn’t take me long to realize this was a relatively low-risk investment opportunity that showed a vast amount of potential.”
Smith suggests that while politicians continue to drag their feet on a definitive solution to our oil crisis, investors might want to consider the Alberta Oil Sands as part of their long term investment plans. Smith spotted the unique investment opportunity in February 2005, and reported it to his “smallcap 360 newsletter” subscribers. As a result, those who jumped on profited greatly as a result.
“The great thing, is that its not too late. This is a long term trend that I feel investors will be well rewarded for,” Smith remarked.
Christopher Smith offers consumers a free copy of his special report, “The Smart Investor's Guide To Alberta Oil Sands” to read or download for free on his website: http://www.1source4stocks.com/alberta_oil_sands/alberta_oil_sands.asp.
1source4stocks.com has been actively advising its subscribers since February 2005 to place their money in oil sands stocks – and they have been rewarded. Christopher Smith has been researching opportunities in primarily small cap stocks since 2001 as a contributing editor to the smallcap 360 newsletter. Further, he has founded both 1source4stocks.com and otcinvestorandtrader.com.