Merry Christmas to all posters of this thread, this has been the thread that has made an impact for me in 2012 and the main reason i stopped being a "peeper/guest" in wazua to an elder . @hisah thank you for the info you shared on this thread, you made a difference in my life and those of many.

As for fellow wazuans....hongera for the contributions and the thank you for the reports/researches that you have shared.

Again. Merry x-mas and Happy holidays.

(Reuters) - Not so long ago, fracking was a technical term little known beyond the energy industry. Now it's coming to Hollywood, as the fierce battle between environmentalists and oil firms is played out in several forthcoming films.

Hydraulic fracturing, the controversial drilling technique also known as fracking, has lifted U.S. energy output dramatically, despite warnings from critics who fear it pollutes water deep underground.

Any shift in public opinion could impact policy - and huge sums in energy spending - since drilling regulations are under review by the Obama administration and local officials around the country. The high stakes involve a range of issues from U.S. energy independence, to protection of drinking water.

Both sides are using movies to try to win the debate, though actor Matt Damon says viewers should not assume the movie he stars in, "Promised Land," is "a rabid anti-fracking polemic."

In the film, Damon plays a gas company landman - an agent who buys or leases land - intent on drilling beneath a town where some residents are concerned about the perils of fracking. As the landman gets to know the townspeople, he suffers a crisis of conscience.

http://www.reuters.com/a...s-idUSBRE8BN02Q20121224

The only thing that Reuters left out is the fact that the movie is partially financed by Image Nation based in Abu Dhabi (Abu Dhabi Media) which is owned by U.A.E which happens to be a member of the OPEC. Therefore, one can only deduce that the turban wearing sand negros are pulling every trick up their sleeves so as not let fracking happen in America which means that U.S will not become independent of the Middle East oil.

The decade of plenty.

Somalia has high hopes in gaining revenue from oil and gas, currently hidden in the underground of Somalia (onshore) and below the Indian Ocean-floor (the offshore). More than two decades ago (in the eighties), there was an “oil and gas exploration rush” to Somalia, driven by the country’s huge oil and gas potential. The rush was led by Conoco-Phillips, Shell (Pectin), Amoco, Eni, Total and Texaco, who left the country in “force majeure” waiting to come back at the right time, security wise. In a recent meeting, the Minister of Resources said, “Given that the security condition of the country is improving at a rapid speed and the presence of legitimate transparent government, companies of the past and the new ones are all welcome. Somalia will be open for business sometime in 2013 and we honour the agreements of the companies who filed “force majeure” and left the country due to the civil war. We are now working to review the Petroleum Law and make it more competitive and attractive to oil companies and investors”. Somalia is aware of the recent discoveries in Kenya, Uganda, Tanzania and Mozambique and it is determined to join the race for oil and gas production. In addition to the “giant” oil companies, currently there are small companies who are aggressive risk-takers who want to start and get hold of their share before the giants come to play. The “giant oil companies” seem to be reluctant and shuffling their feet at the moment. In getting ready for business, Somalia needs to carry out institution building: establish the Somali Petroleum Authority (SPA) in accordance to Article 8 of the Petroleum Law of Somalia. SPA is the competent authority that regulates petroleum operations in Somalia by ensuring that all activities from exploration, production and marketing adhere to the requirements of the Petroleum Law. Somali Petroleum Corporation (SPC) exists already but it may need re-structuring so that it meets the high expectations of the current government.

http://www.hiiraan.com/o...l_and_gas_potential.aspx

Tullow workers strike.

Mining firms hit deep vein in new bourse rules - http://bit.ly/11fd3zJ



Most likely the Mongolia moment I've been waiting for is coming soon. I can hardly wait for those 100 - 1000% gains

Boss, here is me talking nicely.

I'll admit I've tried making heads or tails of this thread but its eluded me. The few times I asked for help, non was forthcoming.

Please, and in the spirit of a new year, taking into consideration that I'm relatively new in the game; school me. How do I interpret all these in a view to make money?

@Mukiri

What do you need help with?

@ Hisah. When GEMS comes to fruition, just point the way. I looked at mongolia and caracas exchange. he he he. madness!