Mesa Royalty Trust (MTR)

All Comments on MTR

  • commenter
    Mr. Layl
    Aug 02 06:17 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    Looks like, for personal transportation, best bet is a gas/electric hybrid engine, with the CNG conversion kit installed.

    One thing I don't understand is this hoopla about CNG distribution. From what I read, installing a contraption called Phill at home lets you fill up at home. So, if you're traveling away from home, use gasoline. Until gas stations see they can offer and sell you GNG.     Reply
  • commenter
    oiler1930
    Jul 30 12:17 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    Adam Smith argued that an enterprise requires a profit to stay in business. He also pointed out that when capacity to produce was less than demand, profits would increase to a point where more capacity got built above the demand required. Trade of excess product could be exported. A fairly recent example of excess capacity occurred a few years back in Singapore where an ice skating rink opened; business boomed and a competitor built a second rink; both went bust. the Wealth of nations is still a good read, if you skip over the statistics on the historical price of wheat in terms of shllings per bushel, and covering several centuries. Right now one ounce of silver buys two bushels; back then there were much greater swings.

    Lawyers have been a plague since the days of the hanging gardens of Babylon. Irrigation kept that empire going until the necessity of maintaining the canals ceased to be recognized.

    The big difference between a steam powered turbine and an internal combustion engine arises from the heat required to boil water, about half the total heat supplied in the boilers. The result is extraction of about 25 to 30% of the thermal energy as motive power; an internal combustion energy delivers about 40% with gasoline to about 55-60% with diesel fuel. The waste heat in the latter goes out the exhaust pipe.

    I use the Energy Information Agency of Dept of Energy to follow crude usage. Refinery inputs are 15 million barrels a day (BOD), of which two thirds are imported, with most of the imports from the closest producers. Of the 5 MBOD produced domestically, about 20% comes from offshore oil in the Gulf.

    LNG is a blend of natural gas that can be liquefied at moderate pressure. It does not require a super stout vessel for containment. Domestic gas, supplied by natural gas utilities tapping into the pipeline streams, is predominantly methane with a few percent of ethane and propane; it can only be liquified at cryogenic temperatures, or it can be compressed and held in stout vessels. Anyone familiar with oxygen systems may be aware of the ability to store liquid oxygen in a cryogenic container at nominal temperature. There are efforts being made to ship liquified methane from gas wells to existng pipelines, in cryogenic trailers, built like the liquid oxygen, nitrogen and hydrogen tankers, as opposed to building new gathering pipelines to the nearest major pipeline.

    Upshot here is that cryogenic storage of liquid methane may be a practical solution for fueling a fleet of natural gas driven vehicles. I might add that methane from coal, with basically no ethane or larger molecules, could also be tapped as a source for liquid methane.     Reply
  • commenter
    Igorisky
    Jul 29 04:16 PM
    My Website
    The Benefits of Shifting to CNG for Fuel [view article]
    paulk8756 you did not mention the long term solution to our energy problem...fast breeder nuclear power plants. All the ground work is done, just needs a prototype built (ready since 1998) to prove it to people and determine the best design. Because they produce more fuel than they consume, it is a perpetual machine. With these type of plants, we will have all the electric power we need , rain or shine, day or night....and no C02 generated.

    By the way, Shaw Group just announced they are building 4 westinghouse produced nukes in China and have them producing power in 6 years. If we could only get rid of our non-technical legislators (the Pelosi/Reid types) and environmentalist who keep clinging to 20 year old technological conditions.     Reply
  • commenter
    paulk8756
    Jul 28 12:34 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    As an aside, Obama says he could carry Montana in the upcoming election. This is the state which recently adopted a Resolution in their Legislature stating they would leave the Union if the Supeme Court upheld the DC gun law. (They could, by the way, it was in their contract when they joined up.)

    So Obama hasn't a chance in Montana. But look at NH, which still boasts "Live Free or Die" on their license plates, and Nevada, where gambling and gold mining are their major industries. Obama is running even in these states, and could easily carry either or both of them in November.

    So, the nation's getting Bluer and Bluer. Makes me Blue, too!!
    Reply
  • commenter
    paulk8756
    Jul 28 12:15 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    Schumpeter said it a little differently. He called "profit a penalty." But it's the same thing. Friedman saw this and tried to help us with his "Free to Choose." But none of this stuck, unfortunately. Reply
  • commenter
    paulk8756
    Jul 28 12:08 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    Ah, the VERY NATURE of a republic, if you will. de Toqueville wrote famously, 150 years ago, that the American experiment would thrive until we discovered we could vote ourselves "the proceeds of our Treasury." God bless us, we're here! Reply
  • commenter
    paulk8756
    Jul 28 12:03 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    Unfortunately, with the exception of Reagan, we've never seen the Congress REPEAL any of these excesses. And that creates REAL PROBLEMS as time goes on. Occasionally the Supremes step in, but that's a limited solution at best, and a two-edged sword. Reply
  • commenter
    nakedjaybird
    Jul 28 12:03 PM
    The Benefits of Shifting to CNG for Fuel [view article]
    NEXT time??? That's a major conceptual error of many "thinking" minds. Always recoverable positions. That's what Adam and Eve thought. Reply
  • commenter
    nakedjaybird
    Jul 28 11:58 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    And in a sense, they still do............ the WHEN has become a variable of choice ....... delayed gratification ......... putting off the inevitable ........ mananna ........ but, evenually the piper gets paid ... pay me now or pay me later ..... later is the preferred choice, today: well engrained! Reply
  • commenter
    paulk8756
    Jul 28 11:57 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    Here in the U.S., we seem to wax and wane. We went from FDR (necessitated by the times, possibly) to a more free market oriented Truman and JFK, to a pro-government Nixon and Carter, to an individualist Reagan, to the Bushes and Clinton, who weren't sure what they were. Now we find ourselves at a time when ALL major candidates we've selected have decidedly Socialist views. Maybe when we're done with this, we'll do better next time. Reply
  • commenter
    nakedjaybird
    Jul 28 11:48 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    CHOICES used to have CONSEQUENCES..... Reply
  • commenter
    paulk8756
    Jul 28 11:39 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    Capitalism implies the ability to FAIL. Indeed, along with the opportunity for individual success, it's at the HEART of it. Without ONE, you can't have the OTHER, I don't believe.

    As societies mature, they lose their economic zeal. A natural occurrence, perhaps. Look at Europe versus the BRIC countries, and you'll see exactly what I mean.     Reply
  • commenter
    paulk8756
    Jul 28 11:26 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    NJB,

    Sorry, didn't mean to. They buttress the point EXACTLY. They also support the notion our country is entering another FDR era already. What do you think?     Reply
  • commenter
    nakedjaybird
    Jul 28 11:21 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    paulk - you seem to have neatly omitted the hedge/derivatives/wall street, housing, banking bailouts (Citi, Freddie, Indymac and the rest to come); you know, those where responsible folks are NOT and then want the rest of us (via UNCLE) to cover their irrresponsibility losses....
    Reply
  • commenter
    paulk8756
    Jul 28 11:20 AM
    The Benefits of Shifting to CNG for Fuel [view article]
    Billp,

    I read the article by David Hughes you referred to. As simply another "inconvenient truth," he conveniently OMITS mentioning the Barnett, Marcellus and Haynesville gas finds, the THREE LARGEST in our nation's history. PLEASE, wake up, man! If you don't, I can assure you the Greens have a plan for you, and you won't like it!     Reply

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