News

April 29, 2008

Nevtah Capital Management Widens Its Role In Low Cost Energy To Encompass Oil Sands And Hydro Power

By Charles Wyatt

Nevtah Capital Management is not a name that gives anything away about the operations of the company, but Nevtah in fact qualifies for inclusion simultaneously on two of our sister sites, Minesite.com and Poweralternatives.com. On Minesite, because mining is the only way to get at the oil sands, and on Poweralternatives because oil sands are a source of energy that will reduce US dependence on overseas supplies.

We last wrote about Nevtah last summer, just after a report entitled “Secure Fuels From Domestic Resources, The Continuing Evolution of America’s Oil Shale & Tar Sands Industries” was published under the combined auspices of the US Department of Energy, the Office of Petroleum Reserves, and the Office of Naval Petroleum and Oil Shale Reserves. This report left no doubt about the political support for this type of  power alternative and since  then the rising price of oil has made the...