[J-Rod]

I guess not totally current events, but if this needs moved please do so. I saw this chart, thought it looked neat, in that it shows the direct correlation of cost of energy vs. the cost of land.

$this->bbcode_second_pass_quote('', 'L')ast week saw Alberta's biggest land sale of the year. Large tracts of land prospective for Mannville CBM were posted. Energy firms bid a record C$544 million on petroleum and natural gas exploration rights in Alberta's most recent land sale last week. Companies bid on 474,286 hectares (1 hectare=2.47acre) at an average price of $1147/ha.

[Tanada]

Wasn't at all what I was expecting from the thread title but interesting non the less

Why would anyone be surprised that tar bearing soil would go up in value with the rise in oil price on World markets?

[Heineken]

All sorts of hard assets have risen in price along with oil, so there is no specific, exclusive land--oil correlation.

[basil_hayden]

There certainly is a specific land/oil correlation if your land has oil beneath it. This land will be going up as US housing prices go down.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'W')hy would anyone be surprised that tar bearing soil would go up in value with the rise in oil price on World markets

[emersonbiggins]

$this->bbcode_second_pass_quote('basil_hayden', 'T')here certainly is a specific land/oil correlation if your land has oil beneath it. This land will be going up as US housing prices go down.