Bill James
Bill James
Send Message
Bill James
Stop FollowingBill James
View as an RSS Feed
COMMENTS STATS
190 Comments
273 Likes
Bill James
Stop FollowingBill James
French Elections Means Gas Lines On East Coast [View article]
French Elections Means Gas Lines On East Coast [View article]
Look at the gasoline inventories relative to the oil. Gasoline hovers around 60 million barrels, crude oil around 8 million barrels.
Here is a pretty good reference article, but does not note the recent refinery closings in the Virgin Islands.
http://bit.ly/L8ghhI
Shipping news out on tankers provides the best source I can find that outlines the incoming gasoline shipments. Example:
http://buswk.co/L8ghhL
Refinery news is also good to watch:
http://bit.ly/L8giSH
http://cnnmon.ie/L8giSJ
French Elections Means Gas Lines On East Coast [View article]
French Elections Means Gas Lines On East Coast [View article]
US Peak Oil was in 1970. Since then oil imports have increased to 60% of needs, creating oil's Potato Famine; monolithic dependence on a source of energy 60% outside our control.
Worse, the costs of imported oil, wars to protect access to foreign oil, DOE employees, DOT employees and other cost are socialized into national debt instead of capitalized into the price of gasoline.
Free markets cannot adapt to changing circumstances when socialism confuses the true cost.
In 1984 the courts recognized Federal control over the means of production in communications was declared unconstitutional. Restored to free markets, millions of jobs and better service at lower costs. That success can be repeat once power and transport are restored to free markets.
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The left wants government to subsidize solar. The right wants it to subsidize wars to protect oil. What is needed is a return to Constitutional principles and free markets. http://bit.ly/Ht28pC
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
If oil had to capitalize all costs (DOE & DOT employees, wars to protect foreign oil, etc...) then gasoline would cost about $13 a gallon. Solar and all re-newables would look cheap.
There are solar waters heaters on nearly every roof in China. Not because they are tree huggers, but because in a non-subsidized world, solar thermal is the most affordable way to get hot water.
The subsidies to coal and oil in the US are hidden by a century of Federal subsidies.
The Solar Bubble Has Officially Burst - Survivors Will Ultimately Capture More Market Share [View article]
The problem with solar manufacturing is their markets are government managed. The government monopoly over transportation caused the loss of tens of thousands of miles of railroads (400+ ton-miles per gallon efficiency) and block Personal Rapid Transit (PRT) since Morgantown's PRT network was built as a solution to the 1973 Oil Embargo. Once this monopoly is broken, there will be an economic boom similar to the Internet and cell phone networks as highways are displaced by 10x efficiency gains.
First Solar: Strong Upside Potential This Year [View article]
Life requires energy. Less affordable energy, less life. Oil is finite. US Peak Oil was in 1970. World Peak Oil was likely in 2005 at 74 mb/d. Never again will economies grow based on oil supply growth.
As the oil-powered economy continues to its geologically slow collapse the shift to solar power will become desperate. The Joint Forces Command puts a pretty realistic timeline:
"By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day." Link to references: http://tinyurl.com/6tf...
First Solar: Strong Upside Potential This Year [View article]
These urban transportation networks are ultra-light personal railroads that approach the efficiency of long-haul freight rail (400+ ton-miles per gallon). Solar collectors 4 meters wide over the rails gather 5,000 to 30,000 vehicle-miles of power per mile of rail per day. There will be shortage of manufacturing capacity within 8 months of the first rails being built. http://tinyurl.com/4w482g
Two tailwinds will force a million miles of JPods and ET3 networks to be built in the next 10 years. 1. Cost per vehicle-mile are cut by 90% in repetitive urban transportation. 2. Oil outages will progress as warned by Joint Forces Commands JOE-2010.
Send me a note if you are interested in more information.
Chart Of The Day: Growth And Debt [View article]
Oil is the lifeblood of the US economy. For the US economy, Peak Oil was 1970, Peak Debt was 2008 and we are approaching Peak Money Printing. As communication innovation resulted after the 1984 return to free market, power and transportation can innovate once Federal central planning is replaced by free markets. Here is a summary: http://tinyurl.com/6o6...
Freight railroad average over 400 ton-miles per gallon. The PRT network at Morgantown, WV has delivered 110 million oil-free, injury-free passenger-miles. It is practical, profitable and necessary to change the lifeblood of our economy from oil to ingenuity.