Now, if oil goes back up to the original price, he has only $83 of equity.

Build it, unless you want the oil to go to China.

A section seemed to be missing: the one about how the oil was going to stop spilling into the sea.

Canadian oil isn't going to ever go to Europe anyway.

The oil is going to be consumed in any event.

So where is the oil going to come from?

Gold prices picked up, and oil went above $18 a barrel for the first time since December.

These oils go through a process that makes them solid.

"If oil had gone to $100 a barrel, everyone would say we were the smartest guys in the world."

"Even if oil goes down $10, the price is still high enough for alternative energy to compete," he said.