Aurelien

Freakonomics' Latest Adds Little to the Energy Debate

Regardless of whether or not Global Warming would happen if we keep spewing greater quantities of carbon into the air, what I don't understand is why people don't want to switch to Solar and Wind simply for the fact that they are renewable; we aren't going to run out of them.
If oil companies had invested even 10% of their CapEx into Solar, Wind and Battery technologies these last 15 yrs, I bet that by now the cost of energy would be lower and the world cleaner.

I don't understand why we would continue to use coal when we can concentrate on newer technologies. Coal was used centuries ago, lets move on. And nuclear sounds great in practice and has worked very well in my native France, but why use an energy source that could kill millions of people in the off chance of an accident when we have alternatives.

Steak 'N Shake Looks to Invest Extra Cash

Clearly thats because he see's better opportunities to use the cash elsewhere.

Steak 'n Shake: Short Squeeze in the Works?

Looks like your short squeeze happened today! Nice call.

China North East Petroleum: Growth Confirmed, Stock Re-rating Anticipated

I actually like this one better without the share valuation. It allows the readers to come up with their own thoughts and lets the numbers speak for themselves. Narianu from the IV board has pointed out the the lowest TTM P/E CNEH has seen is 6.5, while more typical PE's are in the 9-13 range. Assuming a typical P/E at the end of 2010, CNEH should be in the $20-30 range by then.

I for one would be very happy to see those figures in 2 years.

Royale Energy: Textbook Illegal Trading?

This company isn't actually worth $14 and that speculators pushed it up, and that now it is again trading closer to its true value? It lost money in the 1st Quarter and made about $.10 a share in Q2. At this rate, even $5.76 is a pretty generous price.

CNEH, an oil company I'm invested in, has $.38/share earning in the TTM, and is about to announce about $.20/share for Q2, but they are only trading at about $4.35 right now. So how exactly is it the market makers faults that your stock went back down to a more realistic price?

Drivers Are Feeling the Pinch

Anaconda:

Why are you so focused on increased production of oil instead of using that money to increase research and development of renewable technologies such as wind and solar power? Every dollar spent on discovering and producing oil depletes the amount of oil we have left to use, whereas that same dollar being invested into renewables will bring us closer to true "energy independence".

Drilling for more oil in places like ANWR and off the coast of Florida may help keep you and your generation happy, but future generations will be feeling the pain of our shortsightedness.

High oil prices are the best thing that could happen to us, because it will force us to change our habits and get us to really concentrate on developing cheap renewable energy!

NYMEX: Speculators Aren't Driving Oil Market

The only reason anyone has to pay the price is because they chose to buy that 8 MPG Hummer to look cool instead of getting a car with decent gas milage. Long term, high gas prices are the best thing for everyone as it will hasten a move to more renewable sources of energy.

Lowering Prices at the Pump

Instead of simply prolonging the time we use oil for a bit and destroying our environment more in the meantime by drilling in the ANWR, why not devote more resources to developing renewable energy sources that will lower demand for oil. Wind and Solar energy costs have fallen dramatically in the past couple decades, and switching to them for our energy needs quickly makes a lot more sense to me.

The Long Case for China North East Petroleum

I would like to point out that hiwind's question was responded to on the Yahoo message board as well. I showed in detail how CNEH would be fine, and yet this poster asked the same question in another thread. I see that he is trying to create doubts in people instead of actually being concerned himself, since the answer has been explained multiple times.

The Long Case for China North East Petroleum

Excellent point. Thanks for clearing that up!

The Long Case for China North East Petroleum

Wow, excellent article. I was planning on writing one on CNEH myself, but I don't think I will need to anymore. I was wondering if you are one of the regular posters on either the yahoo or investor village message boards.
Also, one question. Where did you get the information about the actual timing on costs for drilling each well. On the boards we all were understanding that the total cost was only about $320k, split up in the following way: $100k up front and then the remaining $220k split up evenly between the next 24 months.
What you explained was different and if it is the case I am very interested in changing it in my models.