The Dean on Oil Spill Penny Stocks
June 9th, 2010 at 2:57 pm Posted by
Since April 20, 2010, oil has been pouring into the Gulf of Mexico at an estimated rate of 600,000 to 1.2 million gallons, or 14,000 to 28,000 barrels, each day.
Today marks day 50 of the oil spill and, although there’s been much debate over the rate of oil spilling, we have plenty of reason to suspect that no less than 700,000 barrels have polluted the Gulf of Mexico.
In fact, the BP spill has officially replaced the Exxon Valdez catastrophe as the worst oil spill in U.S. history.
With oil prices nearing $75 a barrel, this represents $52.5 million worth of oil. This figure is a lowball estimate, as it’s quite possible that more than $105 million worth of oil is in the water surrounding the Gulf region.
In fact, one team of scientists with the U.S. Geological Society claims that as much as 1.8 million gallons of oil are spilling into the water everyday. In that case, there’s at least $160 million worth of oil already in the Gulf!
BP’s most recent plan is to burn the oil that its containment dome collects from the gushing well. This would involve a rig armed with a device that can reportedly turn oil into vapor, and burn without creating visible smoke.
Obviously, this will not eliminate the oil already in the water, which has already greatly affected wildlife and economies in the surrounding area.
Clearly, the BP oil spill is a huge problem, and that’s why it’s received so much attention over the past 6 weeks. In this period of time, companies such as MOP Environmental Solutions Inc. (OTC: MOPN.PK), Enviro Voraxial Technology, Inc. (OTC: EVTN.OB), and EnviroXtract, Inc. (OTC: EVXA.PK) have received a large amount of attention, and trading volume, after discussing their intentions to aid in the clean up efforts, which have cost more than $1 billion so far.
Although these companies have booms, Separator technology, and could be useful in removing oil from affected soil, The Dean’s oil spill penny stock has the ability to not only aid in the clean up of oil in the Gulf area, but also has a method by which the oil can be reprocessed and brought to market.
The Dean wants all of his students to stay tuned because he will be announcing his oil spill penny stock after market close today!
what is the stock pick?
Looking for a good co. with a oil cleanup kicker read this & check the before & after pictures http://finance.yahoo.com/news/Thank-You-a-Thousand-Times-to-prnews-2916169611.html?x=0&.v=1
Freedom Energy Holdings, Inc. Announces British Petroleum Escalates KC 9000(R) to Stage 3
FDMF
WNDB is total crap…
Did you change your mind on releasing this alert???
[...] ride, moving up more than 250% from current levels to a high of $0.025. The Dean believes this penny stock is ready for a big bounce with any type of news or oil spill development. Although The Dean is not [...]