Well sir I suppose one could argue that I base my investment on PEAK Oil given my last post.but I have to say that is totally wrong,I was at one time an investor in UTS,when I made comparrisons to CLL and switched,basically because of number of shares,partenerships and method of extraction.With CLL we have SAGD,Ng supply ,refinerey,cash from PDPnow with first POD producing 100000 bbls also another 10K on the horizon,these are the main points.

As for PEAK Oil well its my opinion thru some research that PEAK Oil is a fact,Hedge Funds and MMs used much more than this theorey to lie and deceit their way to profit,as investors we must use more than costs and profits to determine which stock we invest in.IMHO PEAK Oil along with the fact that infrastructure in refineries is totally lacking so much so that none have been built in the last 20 +years,to me that means capacity has been reached.

CLL cut production in half when BBL seemed to be heading for -$30 then changed direction when $40 was reached ,as for the hoarding that's more to do with USA's Strategic Oil Reserves,cudos to those who are using Tankers to hold on to cheap Oil ,make no mistake they have more than an inkling as to when recovery is to occur and IMHO it will be before Summer and not after,there is just too much effort going on to get this recoverey going???