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Michael Fitzsimmons

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  • What Alaska's Oil Tax Cut Means For ConocoPhillips [View article]
    Already seeing the affects of the lower oil taxes in Alaska - COP is going to increase activity:

    http://yhoo.it/ZCqfJ3
    Apr 18 03:29 PM | 1 Like Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Cassina: I never said or implied that Elon Musk was going to "create all the electric cars in the world". I hate to break the news to you, because I know you revere Elon Musk like some godlike figure, but Elon Musk's contribution to the EV market is very small, and to the total auto market miniscule at best. Now I know why it is so hard to convince you of the facts - to agree with the facts, you have to bring Elon Musk down a peg, and you are in worship mode so you are not able to do this. And while you are correct that most NGVs in the US are in fleets, this is not necessarily the case in the rest of the world. That doesn't disprove my point, it just shows how ignorant the US is in adopting natural gas transportation - especially considering our nat gas prices are 2-3x lower! So, my "assertions" are *facts*, Despite your attemtps to misinterpret them (again), they are, nonetheless, still facts.

    Now, let's get to your assertions:

    "Just this year Tesla is counting on producing at least 20,000 cars (which may turn out to be 30,000) in just its first full year of production. In the next three years that number will skyrocket, as other carmakers try to play catch-up."

    How you can make this assertion in fact of the facts is beyond me. What car makers are playing catch all with all electric EVs? All we have seen is companies like BYD in China and Fisker, and A123 (bankrupt) and on and on, have serious problems in making EVs. And you are right, the times are a changing and most companies are backing away from all electric EVs! Prius' are still a much better bargain all around: affordable, cleaner (all in), reliable, small battery packs, etc. etc.

    And, once again, you misquote me:

    "You can't expect - in just one year - for a brand new company to fill the streets with EVs ..."

    I never expected "a brand new company" to do anything. In fact, Tesla to me is simply a non-factor. I don't even consider Tesla as any kind of market moving company. Who can afford them? Who will buy them? Despite your best wishes, Tesla is simply not a concern of mine - other than just another distraction to keep us from doing what we should be doing: transitioning to natural gas transportation.

    But now I know I am wasting my time trying to educate you on the facts about EVs and NGVs. Elon Musk is a god to you, and like almost all religious people, it's almost impossible to change someone's mind. They would rather believe in fairy tales.
    Apr 18 08:28 AM | 1 Like Like |Link to Comment
  • Clean Energy Boosted By U.S. Natural Gas Refueling Station Plans [View article]
    Thanks Ron. The article rebuts several of puttster's points:

    "At the end of 2010, more than 80 cities across China had gas refilling facilities and the number of CNG/LNG refill stations totaled more than 1,000."

    and

    "According to the country’s national plan, China’s natural gas vehicle ownership will be 1.0 million in 2012, 1.5 million in 2015 and 3.0 million in 2020."
    Apr 18 08:15 AM | Likes Like |Link to Comment
  • Clean Energy Boosted By U.S. Natural Gas Refueling Station Plans [View article]
    Thank you Listener. puttster: perhaps you are not familiar with "links" and how they work. So that you don't make the same accusation on other Seeking Alpha articles, let me explain how links work. Here was the sentence you were referring to:

    "According to NGV America, China is much further ahead in adopting natural gas transportation with a fleet of 1,000,000 NGVs."

    Notice how NGV America is shaded in a different color. If you put your cursor over NGV America, it is underlined indicating a link. If you click on the link, it will automatically take you to the reference source. All you have to do then is read a lil bit.
    Apr 18 08:11 AM | 2 Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Good question Steve, and of course rates are declining because of low cost natural gas power generation.
    Apr 17 06:04 PM | 1 Like Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Ed: thanks for the info and I congratulate you on your solar panels. Wish I had some too. But you didn't put any real dollars and cents behind it, and it is a good thing. Because then I could have proved how ordinary Americans, racked by high unemployment rates and high inflation and energy prices, simply cannot afford the "Solar+EV" solution. It is simply out-of-reach of the vast majority of Americans.
    Apr 17 06:03 PM | 2 Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    I know this because it is a matter of statistics, data, and because I have been following the refining industry for more than 2 decades. Just go to the EIA website and educated yourself. If you don't believe the EIA, google and learn. Now if you want to say that the refined product may be exported, then you are getting closer to the truth. But that is not what you said, you said Canadian crude would be exported. What I am trying to convince of is that the refining capacity is there for heavy crude, and it will be satisfied from either Canada (cheaper, friendlier country) or imported from far away at higher prices which will be put on the backs of the American public when they refuel at the pump. To say oil sands or "frack gas": "neither has much if anything to do with the US market" just shows how disconnected you are with today's US energy market. The petrochemicals and electrical power generation markets have been absolutely revolutionized by fracking. The entire world's oil market have been turned upside down by fracking to the point where geopolitical effects are being seen. Can you really say you have not observed these things?

    We don't need hydrocarbons? What did you fill up your car with last time MADodel? Please. Wishing something was true does not make it true.
    Apr 17 06:01 PM | 1 Like Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    1,500 nat gas stations:
    http://bit.ly/17Hjw8m

    station map:
    http://bit.ly/17Hjw8m

    newest one in MS for $1.99/gallon

    Lawd have mercy, now Elon Musk has sent a private rocket, all on his own, to the Space Station. The man is really something!! The auto industry is not changing Cassina: it is still gasoline and diesel dominated. And nothing else is even close, not even Elon Musk.
    Apr 17 05:53 PM | 1 Like Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Here's pragmatism and realism Cassina: we don't have decades to waste. Musk is not a god - he's just a person. As for issues being ignored, you still have not addressed the primary issue: the number of EVs on the road today and how much damage we are doing waiting for them to become the reality you yourself just admitted will take decades. We don't have decades Cassina. And that is exactly the point I have been trying to hammer home.

    NEWSFLASH: EV outlook by the WSJ:

    http://on.wsj.com/1744MPJ

    World EV stock: 180,000 vehicles (0.02%)

    versus 15.2 million NGVs, and here is a link for that stat (since you intimated in your next comment that I am not listening to you, which I find a bit offensive):

    http://bit.ly/15ghyw1

    Just because one is losing an argument, there is no need to get petty.

    But the stats above are reality Cassina, and they prove what I have been trying convince you of. Ordinary people, the worldover, cannot afford EVs and it is a miniscule % of the worldwide car and truck fleet. Plus they are generally unavailable and have battery pack reliability and range issue. And we are wasting precious time by fooling ourselves that the facts are any different than these. As someone once said, facts are stubborn things.
    Apr 17 05:51 PM | 3 Likes Like |Link to Comment
  • Phillips 66 Is Oversold: Time To Buy? [View article]
    I have never received a K-1 from PSX and I do not believe the structure of the PSXP spin-off will require PSX to send K-1's in the future. That said, I expect the MLP will issue a K-1.
    Apr 17 03:38 PM | Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Yes - I am looking forward to the rails switching too. As I said in one of my articles, I can envision the day when a locomotive pulls into the Bakken to load up with crude and also refuel with Bakken natural gas. Then, it would just be a matter of time before all the oil workers say hey, why don't we run nat gas in our trucks? Then we'd have both LNG and CNG in the region. Soon, it will migrate over the whole country. By then, the battery packs on the 100% EVs will start having problems and they will switch to an NGV.
    Apr 17 09:21 AM | 1 Like Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    What a ridiculous comparison. We will see if the EV market evolves as you describe. We will see if the large battery packs for 100% EVs turn out to be reliable in all climates throughout the US. We will see if Americans buy them in significant quantities to move the needle. And we will likely waste another 6-8 years on the matter and have practically no impact on reducing gasoline and diesel and the emissions from both. Meanwhile, NGVs are staring us right in the face waiting for "environmentalists" to come to reality.
    Apr 17 09:19 AM | 4 Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Totally untrue paulbip. See my earlier reply to JRP3, who like you, also does not understand the basics of the US refining market.
    Apr 17 09:15 AM | 2 Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    JRP3: It absolutely will not be. You obviously do not understand the US refining business. Refiners on the gulf coast redesigned their refineries to run Venezuelan heavy crude because it was cheaper to run through than harder to find (and costly) light sweet crude. These redesigns costs billions of dollars. BP recently modified its biggest US refinery to take more Canadian heavy. Phillips 66 is trying to use as much Canadian heavy as they can because of its lower price. You don't understand what is happening: US imports of heavy crude from Venezuela are trending toward zero because of increased imports from Canada. I sent you a link earlier from the EIA to prove this. So, you just need to take some time to educate yourself about the US refining industry.
    Apr 17 09:14 AM | 3 Likes Like |Link to Comment
  • Environmental Decision: Natural Gas Transportation Or Keystone-XL? [View article]
    Coal is still the largest single fuel used for electricity generation:

    http://1.usa.gov/IQQy7Z

    Depending on what your location is in the US, it can be the primary fuel in your area. Even using the 40% number you quoted, to say the EVs have "zero emissions" is simply incorrect.

    To say that EVs are cleaner than most ICE's on the road today may be true, but are they cleaner than NGVs? No. Are they cleaner than the electric/natural gas hybrid that I linked to earlier - no way!

    But the big question is: WHERE ARE ALL THESE EVs??
    They are a non-existent and miniscule fraction of the car and truck fleet because ordinary Americans cannot afford them, they cannot afford to take the reliability risks of the battery not lasting (thus encurring another expense), and the vehicles have range issues and cannot haul boats, campers, and other trailer rigs. As far as infrastructure goes - how do you recharge on a trip across the country? On 120V? How long does that take and who is going to let you do that? Think Holiday Inn will allow you to run an extension cord from your room to your car? I doubt that serious.

    I hope coal use will continue to increase, but the utility companies are already talking about switching back to it because nat gas has gone up to $4.

    EV's have been the ultimate distraction, ranking just under "clean coal" in terms of:

    1) wasting time
    2) wasting money
    3) keeping the gasoline and diesel status quo in place

    I don't know how people conserved about the environment can look at the data and not understand these basic facts. Natural gas transportation and make a huge and lasting impact in reducing *significant* amounts of oil consumption...now...not a pipedream for the future based on hope...NOW...today.
    Apr 17 09:11 AM | 1 Like Like |Link to Comment
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