Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
we need pragmatic energy policy. yes, i agree there is shale oil, and that's being proved in the eagle ford shale and elsewhere. but the thing is this: do we want to keep our wagon hitched to the oil star, or unleash it and hook to a cleaner, cheaper, and more abundant fuel (nat gas). you all know where i stand on that question.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
that's what i mean, there is a scale problem and why mess with it when we have abundant, clean, and cheap natural gas? i think it is just another distraction (like electric cars) to keep us addicted to gasoline.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
the lobby that should do this is the natural gas lobby (they finally wised up and got their own after years of being the "oil and gas lobby" and we know which was the dog wagging the tail). when energy secretary chu said he was "agnostic about natural gas transportation" i sent an email to the nat gas lobby begging them to publicly call for chu's resignation. i explained to them it was a great opportunity to
- grab headlines to promote nat gas transportation - expose obama for hypocritically supporting the myth of oxymoronic "clean coal" - get free publicity - show the oil and coal lobbies they were a force to be reckoned with
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
heh heh! i am taking your response to be sarcastic as i am sure you know printing money to buy your own treasuries is at best kissing our sister (getting no where fast) and at worst incest.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
i am all for the pickens plan but i don't like the reliance on high subsidies for long haul trucking only. while it is a good place to start, 2.5 million barrels a day (out of 12 million) is simply not sufficient to solve the foreign oil import crisis. pickens is slightly misleading people by saying cutting "OPEC" imports in half. OPEC does not make up the majority of U.S. oil imports! as i have said before, people like to make a big differentiation between OPEC and canada and mexico, and from a "fund the terrorists" point of view i totally understand that. however, $30 billion a MONTH is leaving the country for foreign oil and at some point i really dont care where the money is going - it is gone non-theless. so, we must set our sites higher than the pickens plan. we must set our sites on filling up our cars and trucks at home while we sleep with domestic natural gas reserves. this is the only way we'll solve our economic crisis, our oil crisis, our unemployment crisis, and our debt crisis.
where i am plainly in favor of raising taxes on gasoline (foreign oil) in order to build out an infrastructure for domestic fuel consumption. as far as china's reliance on foreign oil, they can pay for it as i explained in the article. as someone who lived in a country that used to have the world's reserve currency and now does not, i would have expected a more thoughtful comment. you pretend to take the high road on solutions with a small comment and call me a whiner yet i have been working on this for years now, have a comprehensive energy policy publicized, and devote much time and effort on this issues. so, i think you'll understand why i don't take such a flippant comment "seriously".
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
yes, Cramer is on it now, after many emails from me. but i was a supporter of nat gas transportation waaay before Cramer ;)
that said, i appreciate his support. but i didn't like it a month or so ago when he threw in the towel and started recommending investing in coal stocks because, according to him, the U.S. gov and obama and chu simply didn't get it. we cannot afford to cave in now. the next oil price spike is coming, and it will likely be the last nail in the coffin of the U.S. economic and financial systems. we have wasted 10 years (8 of bush, 2 of obama) doing absolutely nothing to protect the american people and our economy from the oil crisis. nothing.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Wizeman: i appreciate your comment. to me, the bailout of GM was a perfect time to address this problem, and the stimulus money programs was a perfect time. we could have set up a product line of NGVs (GM and Ford both already make them, they just dont sell them in the U.S.!!) to be sold with a home garage NG refueling appliance. we could have used the stimulus money to build strategically located NG refueling stations on the interstate highway system to allow americans to travel cross country in any direction and be able to refuel an NGV. these are the first step to breaking the chicken-n-egg problem of NGV/refueling options that are keeping us in the gasoline shackles.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
thank you. the dollar became the world's reserve currency after our military won the world wars and our economic system spread to some of the conquered countries (very similar to the British pound's historical rise). saudi arabia owns the world's true reserve currency (oil).
the oil to natural gas price ratio has diverged for one reason and one reason only: worldwide oil supply is having trouble keeping up with worldwide oil demand. it is also becoming extremely expensive to life from new oil discoveries (mostly deep water). at the same time, natural gas is abundant the world over!!
wrt electric cars, the reasons they are gaining traction are:
1) the coal lobby supports them (unlike NGVs) 2) environmental "purists" don't understand EVs are like putting little coal generators on the interestates 3) people are under the impression they will be able to afford an EV with acceptable range 4) policymakers don't understand the raw material demands (and therefore future costs) to replace enough gasoline powered cars and truck with EVs in order to significantly reduce foreign oil imports 5) oil companies don't mind because - where are the EVs? how can people with a $40 SUV simply trash it to buy an EV? like biofuels and algae, the oil companies are than happy for any distraction to keep americans driving gasoline powered cars and trucks instead of making the urgent transition to natural gas transportation that the country so badly needs to be doing now.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
- grab headlines to promote nat gas transportation
- expose obama for hypocritically supporting the myth of oxymoronic "clean coal"
- get free publicity
- show the oil and coal lobbies they were a force to be reckoned with
but alas, the nat gas lobby has no ganuubles.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
thefitzman.blogspot.co...
where i am plainly in favor of raising taxes on gasoline (foreign oil) in order to build out an infrastructure for domestic fuel consumption. as far as china's reliance on foreign oil, they can pay for it as i explained in the article. as someone who lived in a country that used to have the world's reserve currency and now does not, i would have expected a more thoughtful comment. you pretend to take the high road on solutions with a small comment and call me a whiner yet i have been working on this for years now, have a comprehensive energy policy publicized, and devote much time and effort on this issues. so, i think you'll understand why i don't take such a flippant comment "seriously".
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
that said, i appreciate his support. but i didn't like it a month or so ago when he threw in the towel and started recommending investing in coal stocks because, according to him, the U.S. gov and obama and chu simply didn't get it. we cannot afford to cave in now. the next oil price spike is coming, and it will likely be the last nail in the coffin of the U.S. economic and financial systems. we have wasted 10 years (8 of bush, 2 of obama) doing absolutely nothing to protect the american people and our economy from the oil crisis. nothing.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
1) we OWN it
2) it is CHEAP
3) it is CLEAN
you cannot say this about gasoline or CTL or GTL.
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
the oil to natural gas price ratio has diverged for one reason and one reason only: worldwide oil supply is having trouble keeping up with worldwide oil demand. it is also becoming extremely expensive to life from new oil discoveries (mostly deep water). at the same time, natural gas is abundant the world over!!
wrt electric cars, the reasons they are gaining traction are:
1) the coal lobby supports them (unlike NGVs)
2) environmental "purists" don't understand EVs are like putting little coal generators on the interestates
3) people are under the impression they will be able to afford an EV with acceptable range
4) policymakers don't understand the raw material demands (and therefore future costs) to replace enough gasoline powered cars and truck with EVs in order to significantly reduce foreign oil imports
5) oil companies don't mind because - where are the EVs? how can people with a $40 SUV simply trash it to buy an EV? like biofuels and algae, the oil companies are than happy for any distraction to keep americans driving gasoline powered cars and trucks instead of making the urgent transition to natural gas transportation that the country so badly needs to be doing now.