Comments on: Dick Cheney’s Halliburton to Profit as Peak Oil Approaches http://www.dailyreckoning.com.au/halliburton-to-benefit/2007/10/23/ An independent perspective on the Australian and global investment markets Sun, 08 Nov 2009 07:54:29 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Coffee Addict http://www.dailyreckoning.com.au/halliburton-to-benefit/2007/10/23/comment-page-1/#comment-3965 Coffee Addict Tue, 23 Oct 2007 05:32:45 +0000 http://www.dailyreckoning.com.au/halliburton-to-benefit/2007/10/23/#comment-3965 Corrupt business is generally bad business. It can bite you at any time in unexpected ways. A company is no more than a structure. It is neither good nor bad but it can bear liabilities associated with the past wrongs of its officers (eg. Annual reparations made by Volkswagen to Holocaust victims). Who knows what liabilities HAL holds in its closet. The 2008 election may just be the event to flush them out. In any case most grievances should be properly directed to Cheney's arms length mates and the Oval Office rather than to HAL the Company. If these "mates" can are booted out then the company may have a future. Can't disagree that energy related companies such as HAL are great long term investment. A key question is whether HAL's baggage and the prospects of an Iraq withdrawal (at some future time) are adequately reflected in a share price discount? Corrupt business is generally bad business. It can bite you at any time in unexpected ways.

A company is no more than a structure. It is neither good nor bad but it can bear liabilities associated with the past wrongs of its officers (eg. Annual reparations made by Volkswagen to Holocaust victims).

Who knows what liabilities HAL holds in its closet. The 2008 election may just be the event to flush them out. In any case most grievances should be properly directed to Cheney's arms length mates and the Oval Office rather than to HAL the Company. If these "mates" can are booted out then the company may have a future.

Can't disagree that energy related companies such as HAL are great long term investment. A key question is whether HAL's baggage and the prospects of an Iraq withdrawal (at some future time) are adequately reflected in a share price discount?

]]> By: Tony http://www.dailyreckoning.com.au/halliburton-to-benefit/2007/10/23/comment-page-1/#comment-3964 Tony Tue, 23 Oct 2007 04:47:51 +0000 http://www.dailyreckoning.com.au/halliburton-to-benefit/2007/10/23/#comment-3964 Finally, a realistic forecast of peak oil by the Energy Watch Group! Here is another forecast of oil, from The Oil Drum, that may be of interest http://www.theoildrum.com/node/3064 It shows a peak oil plateau starting in 2006 and ending in the middle of 2009. Finally, a realistic forecast of peak oil by the Energy Watch Group!

Here is another forecast of oil, from The Oil Drum, that may be of interest
http://www.theoildrum.com/node/3064

It shows a peak oil plateau starting in 2006 and ending in the middle of 2009.

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