c300man

Total Rating:
+1 / 0

6 Comments

    • Fri Nov 14th 12:37 PM | Rating: +1 0
      Commented on:
      Time to Fill Up on the Strategic Petroleum Reserve
      Filling up the SPR at these prices is a good idea as is buying the oil company stocks. I believe our imports from the middle east and other higher risk countries are much lower than the 12,000,000 barrels/day you note. More like 2/3 of our oil comes from North America (US, Canada, and Mexico); so our SPR provides a bigger cushion.

      We all know we have to employ all available energy sources and also develop new and better ones. It would be folly to not rely on proven technology such as NG, oil, coal, and nuclear until we have efficient and dependable alternatives. Sure, biomass ethanol has promise, and it makes everyone feel good to imagine growing some grass and turning it into ethanol to power our cars and trucks, but I sure would not gamble our future on a hope and promise.
      View article »
    • Thu Aug 7th 07:33 AM | Rating: 0 0
      Commented on:
      Has Exxon Topped?
      I've followed XOM closely for 30 years and my hunch is they will continue to be a very good long term investment.

      They are in a great business, the leaders in their field, well-disciplined in all areas of their operations, have outstanding management, and treat their shareholders very well. What more could an investor want?

      I haven't checked recently and it may be down a little with the recent share price dip, but since 1978 Exxon has returned over 15% per year including dividends and share price gain.
      View article »
    • Mon Jun 16th 15:09 PM | Rating: 0 0
      Commented on:
      Exxon Joins Competitors in Moving Away from Gas Station Ownership
      Why can't we just randomly select our congressmen from a prequalified pool of willing people - just like we select a jury. Determining a defendants fate is probably more important than most of what congress works on.

      Let them serve their country for six years at good pay. Just think, no campaigning for reelection. Outlaw lobbying too.
      View article »
    • Fri May 9th 16:30 PM | Rating: 0 0
      Commented on:
      Uranium: Safely and Efficiently Powering the Future
      It is such a joke to have our elected politians planning our future energy supplies/systems. They are like a herd of cattle, stepping all over each other to support whatever they think buys them the most votes. Corn ethanol is just the latest example.

      Nuclear energy should become the major source of our nations electrical supply. We have been using it for 50 years with no serious problems. There is no problem with storage/monitoring/ret... of nuclear waste. The only problem is with politians who think they are buying votes by opposing waste storage. Yet other places don't mind having nuclear bombs (Amarillo, TX) in their area.

      With further study waste processing (as France does) will further improve the nuclear fuel/waste cycle.

      They are vast quantities of Uranium around the world and many mining companies able to provide a reliable cheap supply of the fuel.
      View article »
    • Thu Mar 27th 16:40 PM | Rating: 0 0
      Commented on:
      Corn Ethanol Can Never Replace Meaningful Quantities of Motor Fuel
      I think the author is probably pretty accurate with his article title, however we need to study and try to develop every prospective energy source we can. A lot of what I see occuring in Europe makes sense to me; diesels, nuclear, conservation, higher fuel taxes to cut demand, wind, some innovative hydro, etc.

      If we would get our heads out the sand and support and promote nuclear to become a much more significant part of our nations electrical supply we could then gradually switch to a high percentage of electric-battery powered cars and small trucks. The approval times and regulatory hurdles for new nuclear plants are rediculus. A standard plant design should be used. The scare of nuclear waste disposal is way overblown also.

      Let us use the power of the atom!
      c300man

      View article »
    • Mon Mar 3rd 11:58 AM | Rating: 0 0
      Commented on:
      Ben Stein Watch: In Defense of Exxon Mobil
      Exxon is probably one of the best run-best managed companies in the world. So when they follow the laws and regulations and make a big profit (primarily because they are very big) that is unacceptable to many and another tax is necessary.

      I wish most of the other companies I own were run as well as Exxon.

      Sounds like you may prefer the model where the state provides your oil.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»