Houston, Texas-based ConocoPhillips (COP) is the third largest oil company in the US, and along with TransCanada (TRP) will spend around $5.2 billion on the Keystone pipeline to transport 590,000 barrels per day by 2009 across the continental US to the Midwest refineries. The first phase of the Keystone pipeline will move around 530,000 barrels a day of Alberta sands crude to the US Midwest ...
Oil is at an all-time high. There's not a lot of it left out there. So everyone is looking for alternatives. Nuclear power is too politically hot, despite the fact that it's so clean. Natural gas is cleaner than coal,if not as cheap.
This idea was suggested by Armin Stuk. http://www.socialpicks.com/ideas/show/141361 Points in favor 1.3rd largest integrated oil and gas company in the US 2.5th largest refiner in the world 3.investment in Lukoil will continue to pay off as there is a chance that Russia will invite foreign companies for exploration and production activities in the future.The CEO ...
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