ConocoPhillips Reaches A Transformational Inflection Point - Time To Buy [View article]
Great write-up and I agree with your thesis. COP is the single largest holding in my portfolio. I accumulated shares in their profit-sharing program when I worked for them and never sold them. (Also have a fair amount of PSX as a result). Been disappointed the past few years, but I think the tide is turning.
Linn Energy And LinnCo Increase Value To Investors With Monthly Dividends [View article]
I had noticed this as well. It looks like the market expects the arb spread to disappear by LNCO trading down. Still, it does give a chance of getting a discount on those LNCO shares. It's just that the quick gain that som many are expecting may not materialize.
EIA Forecast: Texas Will Beat North Dakota In Crude Oil Production Growth [View article]
Texas has already been beating North Dakota on volume. In the past 5 years, Texas production has increased by 899,000 bpd and North Dakota has increased by 539,000 bpd. It's just that the percentage increase for North Dakota was so much larger because it was starting from a low base level of production.
What Alaska's Oil Tax Cut Means For ConocoPhillips [View article]
"Sarah Palin motivated Alaska to punish the oil industry by legislating a progressive oil tax structure that is the highest in nation."
I worked for ConocoPhillips when Sarah Palin was in office. I thought of her as Alaska's Hugo Chavez. Her actions toward the oil industry there had a chilling effect on projects.
Why The High Brent-WTI Differential Will Not Last [View article]
What they will most likely do is back out Venezuelan crude. But if a refinery has good supplies of cheaper crude, they can justify expansion. For many years no new refineries have opened, but refinery capacity increased by a lot nationwide. That's because existing refineries expanded. That's changed in recent years as more refineries have shut down, but if the profits are there it isn't that big of a deal to expand a refinery.
"As for Mr Rapier's next statement, " I mean, your babbling about combining octane with oxygen is just technical gibberish" I STOPPED READING AT THAT POINT AND JUST STARTED LAUGHING."
It's gibberish because it is totally irrelevant to anything we are talking about. It's just babble. You can cite a paragraph from an organic chemistry textbook, and when it isn't relevant to the conversation at hand, it is babble. It is technical talk to try to make yourself sound smart, but gibberish because it isn't relevant.
"The chemical formula for octane is C8H18. I guess Mr Rapier doesn't know that."
Good grief, man. I blended gasoline for years. I have run the engines to get the octane ratings for the blends. I could write a book about gasoline. But were I to start doing that here, you could rightfully call it gibberish since it is totally irrelevant.
"Does Mr Rapier need to go back to school and study some basic thermodynamics?"
I have had graduate level thermodynamics, so I don't think basic thermo will be necessary. How about yourself?
"The oil&gas boneheads can't understand anything but the former equation"
Yet they produce >95% of the hydrogen produced in the country. I think they understand a bit more than you give them credit for, as do I. You are trying to talk way above your knowledge base, and it shows. You might impress someone with no technical background at all, but I am not that person.
"That's my last comment. I've got other articles to attend."
Well, when you are caught blatantly lying -- twice -- I guess that's about all you really can do, isn't it? Please don't comment on any more of my articles. I don't tolerate liars very well.
"Oh, yes ... I am an engineer and I've got the scientific academic diplomas and a couple of patents ( google patent 7499155) to back up the statement."
Unless your name is not Ryan Clarke, I do not see it on that patent. That patent is "Local positioning navigation system" and the inventor is Bryan Cappelletti. And that patent is very far removed from anything you are pontificating on here. I have seen nothing to indicate that you have the slightest clue of what you are talking about here. I mean, your babbling about combining octane with oxygen is just technical gibberish.
"And I will continue the attacks ... because from my point of view ... my attacks, ad hominem or otherwise ... are well deserved..."
Knock yourself out. Just reflects poorly on you, and indicates you don't do your homework.
"If you have to burn 5 tons of coal to produce 500 gallons of synthetic gasoline and I can sell the gasoline for $5 a gallon but the coal costs $1000 a ton ... how much money are you going to make?"
What if the coal costs a million dollars a ton? That's even worse.
"that's the same industry that's prevented my patent in robotics from being commercially viable."
Yes, the conspiracies. If not for the oil and gas industry, we would all be driving hydrogen-powered hovercraft.
"I wouldn't be surprised if Mr Rapier runs down to his local Houston refinery..."
Do you consider lies to be acceptable arguments? I have informed you that I do not live in Texas. Why do you persist? Again, either you are incapable of discovering this on your own -- which is quite easy to do -- or you need to lie to make your argument. Either way reflects very poorly on you.
"Maybe, Mr Rapier should recant his statement as well ... "Low pressure steam is a poor source for producing electricity" ..."
Why would I recant it? It's a true statement that anyone with a basic engineering background can tell you.
"because if someone can produce low pressure steam ... it's very easy to produce HIGH PRESSURE STEAM..."
Well you just solved the problem that has vexed industry for over 100 years: what to do with low pressure steam. Here's a hint. You don't produce high pressure steam from low pressure steam. You can indeed produce high pressure steam by adding heat in a pressurized container -- but it raises the boiling point so you have to add more heat. In any case, there is a very good reason that industry doesn't use the sun to make steam. It should be pretty obvious, but I will leave you in suspense.
I don't know what kind of engineer you fancy yourself to be, but it isn't chemical nor are you a chemist. That much is obvious. Nor do you seem to be incapable of discovering the most basic facts -- such as where I live.
"The heat produced by such a device can easily boil water."
You aren't an engineer or scientist, are you? Low pressure steam is a poor source for producing electricity. The thing is, if you have a heat engine it is far more efficient to use that directly for producing power than it is to go through the convoluted steps and loss of efficiency to electrolyze water.
"I have little doubt that Mr Rapier does not work in the renewable energy field"
I just prefer for the ad hominem attacks directed my way to at least be factually accurate. What I do is a matter of public record. But I am also a realist.
"he's the only one in the renewable energy industry who doesn't believe the device works."
You would be wrong there by a long shot. No engineer in the renewable energy industry believes the device works, or they would have built it. 196 countries in the world today -- many with no fossil fuel resources -- and yet this device of yours remains unbuilt. We can either believe that all of the scientists and engineers in these countries are clueless -- or you are.
"The telegraph is from a bygone era just like Latin."
Given that the thrust of his post was based on vague references to Biblical-era technology, we should at least be happy that he moved toward the modern era. If we can push him forward another 150 years, then we can speak a common language.
Freddy, I have made similar projections this year. I think we are going to enter a trading range -- I have said from maybe $70 or so on the low side with spikes up to maybe $120 or so -- for at least a couple of years. Ultimately demand in developing countries will cause us to move up out of that trading range, which is the reason we moved out of the $20 trading range of a decade ago.
"1. I find that statement to be false ... but to be expected from someone working in Texas and thus supporting the oil&gas industry in Texas. "
Given that this statement missed the mark so badly, it shouldn't be a surprise that the rest did as well. I live and work in Hawaii and work in the renewable energy industry.
You whiffed just as badly on your other points. Electrolysis of water? Yes, then all we need is for someone to invent a perpetual motion machine and we will be all set.
ConocoPhillips Reaches A Transformational Inflection Point - Time To Buy [View article]
Linn Energy And LinnCo Increase Value To Investors With Monthly Dividends [View article]
EIA Forecast: Texas Will Beat North Dakota In Crude Oil Production Growth [View article]
What Alaska's Oil Tax Cut Means For ConocoPhillips [View article]
I worked for ConocoPhillips when Sarah Palin was in office. I thought of her as Alaska's Hugo Chavez. Her actions toward the oil industry there had a chilling effect on projects.
Why The High Brent-WTI Differential Will Not Last [View article]
The Petrobras Fiasco [View article]
The (Oil) Sands Of Time [View article]
It's gibberish because it is totally irrelevant to anything we are talking about. It's just babble. You can cite a paragraph from an organic chemistry textbook, and when it isn't relevant to the conversation at hand, it is babble. It is technical talk to try to make yourself sound smart, but gibberish because it isn't relevant.
"The chemical formula for octane is C8H18. I guess Mr Rapier doesn't know that."
Good grief, man. I blended gasoline for years. I have run the engines to get the octane ratings for the blends. I could write a book about gasoline. But were I to start doing that here, you could rightfully call it gibberish since it is totally irrelevant.
"Does Mr Rapier need to go back to school and study some basic thermodynamics?"
I have had graduate level thermodynamics, so I don't think basic thermo will be necessary. How about yourself?
"The oil&gas boneheads can't understand anything but the former equation"
Yet they produce >95% of the hydrogen produced in the country. I think they understand a bit more than you give them credit for, as do I. You are trying to talk way above your knowledge base, and it shows. You might impress someone with no technical background at all, but I am not that person.
"That's my last comment. I've got other articles to attend."
Well, when you are caught blatantly lying -- twice -- I guess that's about all you really can do, isn't it? Please don't comment on any more of my articles. I don't tolerate liars very well.
The (Oil) Sands Of Time [View article]
Unless your name is not Ryan Clarke, I do not see it on that patent. That patent is "Local positioning navigation system" and the inventor is Bryan Cappelletti. And that patent is very far removed from anything you are pontificating on here. I have seen nothing to indicate that you have the slightest clue of what you are talking about here. I mean, your babbling about combining octane with oxygen is just technical gibberish.
"And I will continue the attacks ... because from my point of view ... my attacks, ad hominem or otherwise ... are well deserved..."
Knock yourself out. Just reflects poorly on you, and indicates you don't do your homework.
"If you have to burn 5 tons of coal to produce 500 gallons of synthetic gasoline and I can sell the gasoline for $5 a gallon but the coal costs $1000 a ton ... how much money are you going to make?"
What if the coal costs a million dollars a ton? That's even worse.
"that's the same industry that's prevented my patent in robotics from being commercially viable."
Yes, the conspiracies. If not for the oil and gas industry, we would all be driving hydrogen-powered hovercraft.
"I wouldn't be surprised if Mr Rapier runs down to his local Houston refinery..."
Do you consider lies to be acceptable arguments? I have informed you that I do not live in Texas. Why do you persist? Again, either you are incapable of discovering this on your own -- which is quite easy to do -- or you need to lie to make your argument. Either way reflects very poorly on you.
"Maybe, Mr Rapier should recant his statement as well ... "Low pressure steam is a poor source for producing electricity" ..."
Why would I recant it? It's a true statement that anyone with a basic engineering background can tell you.
"because if someone can produce low pressure steam ... it's very easy to produce HIGH PRESSURE STEAM..."
Well you just solved the problem that has vexed industry for over 100 years: what to do with low pressure steam. Here's a hint. You don't produce high pressure steam from low pressure steam. You can indeed produce high pressure steam by adding heat in a pressurized container -- but it raises the boiling point so you have to add more heat. In any case, there is a very good reason that industry doesn't use the sun to make steam. It should be pretty obvious, but I will leave you in suspense.
I don't know what kind of engineer you fancy yourself to be, but it isn't chemical nor are you a chemist. That much is obvious. Nor do you seem to be incapable of discovering the most basic facts -- such as where I live.
The (Oil) Sands Of Time [View article]
You aren't an engineer or scientist, are you? Low pressure steam is a poor source for producing electricity. The thing is, if you have a heat engine it is far more efficient to use that directly for producing power than it is to go through the convoluted steps and loss of efficiency to electrolyze water.
"I have little doubt that Mr Rapier does not work in the renewable energy field"
I just prefer for the ad hominem attacks directed my way to at least be factually accurate. What I do is a matter of public record. But I am also a realist.
"he's the only one in the renewable energy industry who doesn't believe the device works."
You would be wrong there by a long shot. No engineer in the renewable energy industry believes the device works, or they would have built it. 196 countries in the world today -- many with no fossil fuel resources -- and yet this device of yours remains unbuilt. We can either believe that all of the scientists and engineers in these countries are clueless -- or you are.
The (Oil) Sands Of Time [View article]
Given that the thrust of his post was based on vague references to Biblical-era technology, we should at least be happy that he moved toward the modern era. If we can push him forward another 150 years, then we can speak a common language.
The (Oil) Sands Of Time [View article]
RR
The (Oil) Sands Of Time [View article]
Given that this statement missed the mark so badly, it shouldn't be a surprise that the rest did as well. I live and work in Hawaii and work in the renewable energy industry.
You whiffed just as badly on your other points. Electrolysis of water? Yes, then all we need is for someone to invent a perpetual motion machine and we will be all set.
RR