famos

$300/Barrel Oil Is Coming - Barron's Interview

OK,

I give up. Everybody shoot themselves, while you can still afford a bullet.

famos

P.S. In the mean time I'll drive your dead bodies to the diminishing landfill in my clean-diesel car powered by waste animal fat/by products by the new Tyson Foods and Syntroleum Corporation plant in Geismar, Louisiana.
This plant is a 50:50 partnership between Tyson and Syntroleum to convert low grade, inedible fats and greases into renewable transportation fuels for the military and civilian markets.

Good Americans, don't give up so easy.

famos

$300/Barrel Oil Is Coming - Barron's Interview

Dear Caltorguy,

Human labor (energy)? Did you swim over to China/Far East to get that computer that your using? Or did you walk to the manufacturer, if it was produced in this country?

The answer, if by plane, ship, truck FedEx/UPS, etc. some form of diesel was used. Stop the diesel/transportation and you'll go hungry, cold and probably be killed in the riots.

I agree with a lot of alternative energy advocates, but the immediate solution is use our coal to supply our most important transportation fuel. Everything is already existing and in place. Including the coal.

Let's not hide from the problem. Let's solve it. Right now.

famos

$300/Barrel Oil Is Coming - Barron's Interview

Dear Caltorguy,

When you are talking slave labor, your talking man power. How much does slave labor/man power enter into the production of oil/diesel. Increase the compensation of labor in the cost equation of crude oil to fuel and it will not justify the price the U.S. pays for a barrel of oil. Fear of obtainable supply it what dictates the price of crude oil, i.e. "scarcity determines value." Economics, 101.

famos

$300/Barrel Oil Is Coming - Barron's Interview

Dear iThinkLittle,

Yes, we've seen the price of coal lately and it is still the cheapest energy commodity. And political parties aside, we didn't call it clean coal, we called it clean diesel. Two different entities by definition.

By the way, we certainly, don't care who you vote for.

famos, in Montana

$300/Barrel Oil Is Coming - Barron's Interview

Hey Folks,

Trains, planes, ships, trucks, cars, etc. currently all run on some form of diesel. The key word is "diesel." Consequently, the near term solution is clean-burning diesel. The next key word is "coal." We can currently make clean diesel from coal,
(a 200 year USA resource).

Hitler fueled his military machine by this process 64 years ago because of the very same circumstance, i.e. Germany was cut off from oil.

I'm not going to paint the whole picture for you, research it yourself. practicability will dictate and win out in the end.

famos

$300/Barrel Oil Is Coming - Barron's Interview

Yes, "Buyitcheap",

To answer your question, there is a public firm highly active in the Bakken oil area.

Northern Oil & Gas, Inc. (NOG), www.northernoil.com/ 52wk Range: $4.27 - $16.40, currently at $6.16/sh.

I do own some of this stock.

famos, in Montana