Bobco23

Peak Oil: A Reality or a Lie?

Anybody interested in making money?

Most of the comments admit to future shortages, but assert that high prices will bring on demand, or they seek to place blame, or they seek to promote their personal solutions.

Anybody interested in making money?

If we all agree prices are going up, the SA question is, "Where can we most profitably invest", not who is to blame or how the world will evolve.

IMHO those companies with the most proven/potential OWNED reserves per cost (equity price) of ownership are the ones that will pay off the most over the short/medium term. (and if they pay rich dividends currently, so much the better). Isn't that what we are all looking for?

I can't feed my family on blame and ideas for fixes.

Anybody interested in making money?

Peak Oil: China vs. USA

Realold,

Like you I have been around a few years. You point out a critical issue that no one else (author and commentors included) seem to grasp. A great deal of our inaction on an energy plan can be traced to the environmentalists. They are the responsible parties for the lack of exploration and drilling on "big oil's" existing leases. They are the ones preventing a nuclear power solution to electricity production (Harry Reid, anyone?). They are the ones filing lawsuits to prevent grid construction, pipeline infrastructure, LNG, and on and on. Any energy policy to have any chance of success is going to have to limit the envoronmentalists. And that, given the track record of the last two decades; is just not going to happen.

Buy oil companies. Buy US oil and gas royalty trusts.
On Apr 10 03:00 PM realold wrote:

> A great article/rant and lively feedback. I agree with much, but
> think everyone misses the point. Obama represents the most liberal
> and extreme green elements of society. Their shared goals include
> as little use of energy as possible, reduced standard of living and
> mobility to "save the earth".
>
> Natural gas is too easy and too cheap. It might actually help improve
> the standard of living and then people might not need Obama anymore.
>
>
> Greenies want you at home in front of the TV (a smaller one -see
> California legislature bill to ban large screen tv's as energy wasteful)
> and away from the wilderness areas that belong to the animals and
> Sierra Club.
>
> I know, wild rants from an old guy. But, I do hope some of you wake
> up to what is really happening as the VP said "no crisis will go
> unused".

Why Is Oil Trading at $53 When Supply and Demand Is So Bearish?

Artfuldodger, count me in on your co2 position. The only people who believe that manmade co2 is causing global warming are fools and those in on the scam.


On Mar 24 01:31 PM ArtfulDodger wrote:

> Fitz:
>
> Good article overall. Thanks. I'm a little early on some of the NG
> plays, such as DOM & SBR, but I agree that NG should play a bigger
> part in powering the nation before long.
>
> Have you ever been to the TN Valley? I travel the area every summer
> and I've not seen all the pollution you mentioned. If it's there
> and you've been there, point me to it. I'd like to see it myself.
>
>
> I'm not a hater of CO2 as you and so many are. We need more of it
> in my opinion. It is after all part of the all-important to all life
> photosynthesis.
>
> Thus, I go along with the view that because we've created more of
> it burning natural fuels, trees are more plentiful, more healthy,
> and humans and animals are as healthy as they are because of it.
>
>
> Keep up the good work. I like your writing in respect to investing,
> but I'd like to see you leave your ideology out of it. Besides, you're
> preaching to the choir on this site in respect to shutting down the
> use of natural fuels for power.