Capital City Energy (CETG.OB)

<[email protected]>
Newsgroups gmane.comp.handhelds.linux.familiar
Message-ID <[email protected]>
BUSINESS FIRST 

http://columbus.bizjournals.com/columbus/stories/2008/11/10/story1.html


Tim Crawford's faith in what he thinks is a fundamental truth in the energy business seems to sustain him as oil and natural gas prices tumble and stock values fall.

"Everyone has to fill their gas tank and heat their home," said the CEO of Capital City Energy Group Inc. in Columbus. "Alternative (energy) will go only so far, so we're entrenched in fossil fuels. We're not getting off the stuff overnight."

It's good Crawford sees things that way, given that Capital City Energy became a publicly traded company last spring as it began a transition toward a full-service oil and natural gas operating company. Since then, oil and natural gas prices have plunged by more than half and credit markets have practically dried up for businesses with growth aspirations.

Crawford isn't sweating it. The long-range global demand for oil and natural gas and an integrated business model designed to generate revenue in good times and bad will allow Capital City Energy to move ahead, he said.




(UNSUBSCRIBE INFORMATION)

To unsubscribe (opt out) of mailing lists from Investor Relations, click the following URL:

http://imailerexpress.ibeamsolutions.com/optout.aspx?c=125636&r=1083032


_______________________________________________
The Familiar Linux Distribution
Familiar mailing list
[email protected]
https://handhelds.org/mailman/listinfo/familiar
irc://irc.freenode.net #familiar
lmpx.com only provides a reader for public news (NNTP) servers. It is not affiliated with the servers or forums shown here and is not responsible for the content of articles, which is written by their respective authors.