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Michael Fitzsimmons

 
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  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    yeah, fertilizer from natural gas ;)
    Nov 30 05:29 PM | 1 Like Like |Link to Comment
  • 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.
    Nov 30 05:29 PM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    that is a ridiculous comment and i doubt any geologist in the world would agree with you.
    Nov 30 09:34 AM | 1 Like Like |Link to Comment
  • 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.
    Nov 30 09:33 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    good idea dave. i will try to get a facebook page setup this afternoon and then i can put a link to it. it would be interesting to see how many "friends" would sign up.
    Nov 30 09:13 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    you're lucky! i cannot even buy a honda civic GX in my state, nor can i buy a Phill or any other like appliance, nor to i have access to any natural gas refueling stations. this is the case for the majority of americans. we simply don't have access!
    Nov 30 09:11 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    the root cause, as i pointed out, is that the oil company's margins on burning a gallon of gasoline (foreign oil) are much higher than they would be by burning a GGE of natural gas. therefore, the oil companies use their lobbying strength to stiffle natural gas transportation in order to protect their profits. it's that simple. at the same time, you have the coal companies pushing the electric car agenda because of course they want to burn coal to recharge the cars. so, you have arguably the two richest and most powerful energy lobbying powers against natural gas transportation. so, that is why i write and work and try to get public support to embarass our "leaders" into doing what is right for the american middle class and get us off the shackles of gasoline.
    Nov 30 09:05 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    exactly. i would add this fact: between 1967 and 1980 (the first oil crisis) the value of a U.S. dollar depreciated by $0.45 and we ended up with the "whip inflation now" campaign of paul volker. note that the oil crisis, and the U.S.'s inability to pay for its foreign oil, was the straw that broke the camel's back and forced Nixon to take the U.S. off of the gold standard. we've been all downhill since, and the situation today is, of course, much worse than then: we are orders of magnitude deeper in debt, our foreign oil import dependency is even worse, and we continue to print money out of thin air to fund the oil and the oil wars we are fighting to insure future supply. as i said in the article, the dollar's recent strength is due to one thing and one thing only: its status as the world's reserve currency. at this point, i think all would agree it has nothing to do with american economic strength, or american budget strength, or any other fundamental. it certainly is not a vote of confidence in american economic, energy, or foreign policy. in fact, it is very similar to England's currency prior to their fall from grace. today, we have all BRIC countries and countries such as Germany working behind closed doors to figure out how they will conduct world trade post a U.S. dollar reserve currency. once this happens, the U.S. will simply not be able to fund its foreign oil bill cause no one would buy our debt. i would also point out that the U.S. dollar would drop 80% tomorrow if china put all their U.S. debt holdings on the market to sell. what country in the world could afford to buy it?
    Nov 30 08:58 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    glad you mentioned the tax issue. it would be very easy to put a meter on a NG home refueling device to tax natural gas for transportation uses and differentiate from home heating. the reason to do so is because, as i think you would agree, it makes sense to tax natural gas used for transportation in order to help fund transportation infrastructure. today, with remote readable meters, this is a technically a very easy thing to do.

    btw - do you know how much the tax is on a natural gas GGE? thx
    Nov 30 08:43 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    hi rip - thanks. not sure i agree with you on the algae (i don't care for it and think it is a distraction that XOM uses to make us think they are actually doing something constructive...but i could be wrong). however, i do agree with you on the small scale nuclear plants - what has happened with them? i never hear anything about it anymore.
    Nov 29 06:24 PM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    i agree and the price of gold and silver in U.S. dollars is telling us that the world market sees some serious problems with U.S. economic, energy, and foreign policy.
    Nov 29 06:15 PM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    and what, we were better off with the bush administration's $147/barrel oil price and financial meltdown? come on. BOTH parties are corrupt and complicit in this country's complete lack of an energy policy. playing games with labels like "green", "liberal", "repub", "dem" etc etc. is simply a distraction that makes some people feel better and drive up ratings for the talk show host that are paid millions to keep uneducated people from actually thinking for a change.
    Nov 29 06:08 PM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    i support wind power, but we must be pragmatic. would i rather spend money on building transmission lines or nat gas refueling infrastructure? that's a no-brainer: nat gas infra. why? because the wind/electric car architecture is flawed over the short term: 100% electric cars are very expensive, and there are studies saying there will be severe materials shortages to make the huge battery packs needed for decent range. a much better solution is a natural gas/electric hybrid (think prius with a nat gas engine). much smaller battery requirements and absolutely clean, and much cheaper to build/sell. as far as the U.S. having a bunch of oil readily available, i seriously doubt that assertion. i doubt the BP well and the Jack well and other deep water wells would be drilled if there was a much cheap and readily available oil in the U.S. as you assert. there may well be in southern CA shelf, but the bottom line to me is, why go after this expensive (not to mention) dirty fuel when we have an abundance of clean and cheap fuel (natural gas)? it makes no sense.
    Nov 29 06:06 PM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    yes, but pragmatically the U.S. is a huge country and has urban centers and urban sprawl. this is a reality we must accept as it will not change. i so agree completely that policy in the future must be much more intelligently designed. my energy policy attempts to address some of these issues.
    Nov 29 11:58 AM | 1 Like Like |Link to Comment
  • Foreign Oil Dependency: The Root Cause of America's Economic Pain [View article]
    i would disagree with most of the chemicals being left to with groundwater (in fact, most of the chemicals are at least a thousand feet or more below the groundwater) although i do agree there are environmental hazards involved in fracking and i do agree that we need good regulation at the federal level to address the issues so that individual states are not left in a position to develop more lax environmental policies to get the energy jobs to come to their state versus the state next door.
    Nov 29 11:52 AM | 1 Like Like |Link to Comment
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