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American Capital Agency Corp. Message Board

disk_investor2 2 posts  |  Last Activity: Aug 7, 2014 2:43 PM Member since: Jan 28, 2003
  • Bloomberg just out with piece today-"Mexico Oil Is Boon for Exxon to BP"

    With reserves holding $1.3 trillion of crude at yesterday's prices, Mexico offers a new opportunity for deep-pocketed producers as well as pipeline and power companies to try and mimic an energy revolution that has spurred U.S. oil output to a 26-year high and pushed Canadian production to records. New access to Mexico comes amid unrest in some African oil nations and sanctions that threaten to strangle Russian output, places where some oil companies have invested heavily in production.

    n injection of foreign investment could help double daily output to 5 million barrels a day, a figure that would rank Mexico the world's fourth-largest producer. It would join a North American energy boom that has reignited investment in manufacturing and reduced trade deficits as the U.S. seeks to become free of oil and natural gas imports and even begins to contemplate exports.

    "The potential is great," Tony Payan, director of the Mexico Center at Rice University's Baker Institute for Public Policy in Houston, said in a telephone interview. "If they play it right, Mexico could become a major oil producer and Mexico, the U.S. and Canada could come very close to energy independence."

    AND GEUSS WHERE THAT OIL IS AND WHO MAKES THE PLATFORMS TO GET IT OUT?

  • Reply to

    ANALysts

    by bhenning32 Jun 3, 2014 4:13 PM
    disk_investor2 disk_investor2 Jun 6, 2014 8:13 AM Flag

    As I noted previously, some of the Analysts following this stock are shilling for hedge fund shorts and should be investigated by the SEC.

AGNC
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