famos

Plentiful Coal - Not Peak Oil - Is Greatest Global Warming Threat

Hey Jeff St. John,

I sure was happy to read all the comments. How about you? I bet you enjoyed reading them. We are tired with all the distortions.

Your entire article was an incorrect negative attack, based on out and out lies. Unfortunately, there are too many people like you, with no positive answers, just negativism. Like you're trying to make our country fail. I'd suggest you give up writing, take up another profession. Maybe coal miner or something like that.

Where Will Oil Go from Here? Goldman Says $45, Iran Says $100

Dear Ishortyou,

I hate to tell you, if we couldn't use oil/diesel for transportation and had to wait for "new age green technologies" you'd starve or freeze to death in the process.

famos, for the last word.

World Oil Supplies Declining Faster Than Expected - IEA

Hi Paul,

Don't shoot yourself just yet, there's still coal (I mean light) at the end of the tunnel.

It sure makes me happy to read all these positive comments. I agree.
It's reassuring to see people thinking about "over population," food shortages that can be addressed by making fertilizers made from nat. gas, all good approaches to the problem. And the greatest solution of all, using the U.S. largest coal reserves in the world to make very clean and very competitive diesel fuel. Of course, CTL (diesel) will take a very hard adjustment and conversion for our country to make, i.e. driving to our corner gas station and using the diesel pump in lieu of the gasoline pump.

famos

From Subprime to Meltdown: Is Peak Oil Responsible?

Dear CLH,

I like and agree with most of your comments, i.e.. "Debt and not Peak Oil was responsible for the Meltdown". But, ....

I wish/hope you'd be a little more optimistic about young people (The Me First Generation). I agree with you that the people that were around in the 30's (meaning they grew up in the 40's & 50's) were not prone to over-borrow and were more inclined to save then the current middle aged and young people but I believe they are going to learn, albeit the hard way. I've always said, "Practicability always win's out in the end." Examples of what need's to be learned, as follows"

Loving parent's taking the time and responsibility for their children and teaching them discipline and respect before they enter school.

Parents living within their means, not being sheep and taking on unpayable debt, e.g. the ostentatious house (and not a home), the big, gas guzzling, needless pickups (toys) & van's, the regular expensive restaurant eat-outs because they don't know how to cook a meal.

High Schools where every kid (is over-weight) requires a car and school parking lot's (and budget cost's) are as big as shopping mall's.

Business where banks push credit cards onto kid's and any unqualified borrower (who have yet to learn responsibility) and CEO's who have no shame from stealing obscene so called compensation.

I'm sorry CLH, it appears that I'm even less optimistic than you. Our "values" really need to change.

Sorry,

Famos

From Subprime to Meltdown: Is Peak Oil Responsible?

I enjoyed reading all the previous comments and pretty much agree with most of what's been said, but.....

How come no one talks about "over population" anymore? It was an issue in the sixties. Are there less people today?

Or "values"? Like paying our debts, living within our means, saving, etc.

When existing light crude oil gets too expensive to make gasoline to burn, we will be forced to use the only resource that we have, that can satisfy the transportation gap. Coal (made in the USA to diesel (made in the USA).

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

Forget $100 a Barrel - Oil Will Plummet to $30

The author makes some good points, but to agree with them you can not be influenced by your oil stock holdings, i.e. don't be afraid, it's not going to change over night. Although, the short term solution is staring you right in the face.

The ultimate short term solution:

The ample energy source exists, the manufacturing process exists, the delivery infrastructure exists, the storage facility exists, the vehicle technology exists, the price competitiveness exists - all things exist, that's why it's called short term. It's even been successfully tested.

1. Ample energy source = Coal. 100 years known energy reserves.

2. Manufacturing process = Fischer-Tropsch, coal to clean diesel..

3. Delivery = same as existing pipelines, tankers, trucks.

4. Storage = same existing refiner tanks & gas station tanks.

5. Vehicle technology = ships, plans, trains, trucks, cars run on
diesel.

6. Competitiveness = cost equivalent to $30±. per barrel of oil.

7. Successfully tested = German army, Second World War.

Probably the solution is too easy to accept. Sorry I wasted your time.