Ferdinand E. Banks

Algae Biofuels Have a Promising Future

Red Baron said that "TOO MANY...." That's correct - "too many", perhaps, but not necessarily all. Algae might be the way to go.

The Global Oil Scam: 50 Times Bigger than Madoff

Rather amazing, don't you think. A half-baked article like this can get so many positive comments. What's the answer, since some of the above comments about futures markets wouldn't pass muster in a mid-town lavatory. .

The Global Oil Scam: 50 Times Bigger than Madoff

Let's turn this one over to the leading academic energy economist in the world: MY GOOD SELF.

The price of oil is what it is because OPEC is no longer in a position where they have to sell oil at bargain basement prices. They have always been able to jack up the price, but because of the supply-demand situation in the PHYSICAL market, they could not keep it up. Now of course they can. and if there is a problem Russia would probably help them.

I*ve explained this dozens of times on this site, but people still miss the point. That's OK, because obviously their economics teachers were ignorant. And by the way author, better get yourself am elementary book on finance, because you don't seem to understand what futures markets are all about.

Don't Believe Long-Term Oil Forecasts

An interesting article, but why tell people to look at the work of the IEA. They don't know what the hell is going on. Last year their ignorant boss told me that the IEA doesn't forecast production - it only forecasts consumption.

Four Charts from BP's Statistical Review of World Energy

I'm curious. What are you trying to show with these charts? I will admit, however, that the BP Review of Energy is a valuable document, and everyone interested in energy should look at it.

For Your Perusal: The Glory of Free Market Oil Supply

Makes all the sense in the world to me, especially that chart. Redbarron's comment is useful also. As for the first comment above, it belongs on some of the daytime soap-operas that are making fools of the American TV audiences.

BP Stays One Step Ahead of Shell in Restructuring Efforts

Thanks for the diagrams. They told me ____ all. I will admit however that crude futures offer a purer exposure to the sector than playing with specific firms.

The End of the Oil Age? Not Quite

The future has got to be some variant of EVs. I'd love to put a date on that, but unfortunately I'm too busy at the present time. But one thing I can tell everybody: long after gas peaks, nuclear will be riding high. I'm not sure that this is an ideal situation, but it can't be avoided.

Climate Change: How to Invest for the Possibility

Let me polish up my previous remark. Natural gas is NOT as abundant as some persons in this forum want other persons to believe. There is no genuine evidence that gas is as plentiful as is often believed, although I can understand why that fiction has suddenly become so widespread.

Climate Change: How to Invest for the Possibility

Natural gas first and then nuclear. Hmm. And natural gas is the most abundant. I wonder where this goofy idea came from.

Golden Rule: Easy Oil Production Means Cheap Oil, Difficult Production Means Expensive Oil

Excellent article, and the mention of Jack is interesting, because one of the local wannabees correctly identified the song and dance around it as a scam - or something to that effect.

Why Is Congress Agnostic About Natural Gas?

I'm really curious as to how this thing with gas is going to turn out.
Somehow I can't belive that certain people don't know as much about gas as Mr Fitz and Mr Orr, but you can never tell about these things.
What I really can't understand is why the USDOE can't try to straighten us out on this matter.

Investing in China's Energy Shopping Spree

With all the things going on in China, why are they still considered part of the 'developing world'? And I wonder when they will cut themselves in on a big piece of the heavy oil in Venezuela?

Contango and Inventory: Clues to Oil's Trend

Interesting article, and the explanation of contango is also interesting. I don't think however that I can use your explanation of backwardation , because what I want to see is something abut the 'convenience yield'.

Why Invest in Oil Over Alternative Energy

Good article, but your comments about nuclear are wrong. I can also mention that there is a lot of hype about wind and solar, but they have a role to play in the optimal solution.