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The Pickens Plan Changes Its Strategy

Thanks for the education on smale scale LNG. Looked at a few of the links. I'm guessing the LNG idea would be feasible for larger transport needs but on an individual car basis, might be a bit costly. But I don't know. My experience is working with 500 MMCF/day plants that cost $6 billion, not things on this scale.

I think some of the issues expressed really are an issue of short vs long term goals and how we transition from one to the other. Getting rid of coal fired plants isn't going to happen in the next 5-10 years. Sorry, it just can't. The U.S. economy won't be able to handle it and that was true before this little depression/big recession hit us. Long term, yes we can move from coal if we are willing to accept the additional costs. Maybe we can ship our coal to other countries?? Or convert it to some other fuel that is more acceptable to our climate change/global warming/global freezing friends. Trying to be all inclusive as over the last 30 years I've seen concerns over too cold and too hot. Stop trying to keep up. Its going to be too something and we are to blame I guess.

Jack: from a security standpoint I don't have the same concern. One can do the same amount of damage with some of the rogue nuke material floating around the world. Just put the regas terminals in remote areas. LNG terminals are built all over the world. We in the U.S. are starting to lag the rest of the world when it comes to this source/supply. The Japanese, Chinese, Koreans, Australians, Qatari's, Spanish, Italians, Dutch, Germans, etc. all seem to have incoroporated LNG into their energy supply chains. Why not us?

The Pickens Plan Changes Its Strategy

Please be careful with the use of LNG when discussing transportation fuels. The more generally accepted use of the term "LNG" is liquified natural gas which is what is used to transport natural gas around the world. It involves extreme temperatures/pressures and would not be a viable alternative for any transportation need.

Are you trying to say "LPG"? Liquified Propane Gas? Like we use for our B-B-Q pits??

Constellation Energy's Stars Align for Buffett

Well done Mr Buffett. To the employees of CEG, you are really very lucky to have been rescued by this White Knight, although it may not seem that way right now. But this beats the heck out of receivership! To the stockholders of CEG, my condolescences. You took a pretty good whipping! But hopefully some folks will learn some valuable lessons: 1) research the companies you own and check their balance sheets for leverage. Leverage can be enticing, exciting but also excruciating! 2) I'm sure the guys running CEG will probably get some multi-million dollar bonus or buy out. When will we as shareholders ever learn? These guys should get nothing but a swift kick but instead they get millions. Just like the boards of Fannie/Freddie who last year got huge bonuses.

I hate, no, I detest government regulation but maybe we should have something that forces the compensation committees of these Boards of Directors to be truly independent and shareholder focused. I don't want gov't telling us how much we can pay CEO's, but I'd like the BofD's to self-regulate. But to do that we must end the croneyism. Maybe the middle ground is that the compensation committee make-up can be regulated...and include everyday shareholders and/or employees! No union boss thugs, but plain, everyday employees from the bottom-third of the payroll.