c300man

Stay Away from U.S. Treasuries - Invest in Energy Stocks

This administration and the democratic party are leading our country down this dangerous path with their costly and hopelessly idealistic energy policies.

As the American public begins to better understand what these energy policies will result in in cost and control of their lives I think we will see many changes in future elections. We will elect politicians who will truly support and push for use of all of our countries natural resources especially tight NG and offshore oil. As oil price increases oil shale and coal conversion and NG conversion to liquids will increase. Use of nuclear energy will be expanded and permitting will be simplified and the permitting timeframe will be shortened.

All the while alternative energy systems / types will be supported and developed and become a more significant part of our total energy supply as they become cost competitive (without subsidies) with the proven technologies.

Also, there will always be room to improve efficiency. But again, cost should be the determining factor. Small efficiency gains at great expense don't always lead to a lower total cost.

All of this just seems like common sense most people would agree to if given the opportunity to set energy policy. Unfortunately there are so many associated issues that aren't presented honestly such as global warming and foreign mid-east oil (really most of it is Canadian oil) that leave voters wondering what is best for them and our country. I think it will become more apparent and our energy policies will swing to more support for use of our own resources.

Oil Rises Again: What Does it Mean?

Here is a comprehensive outlook for worldwide energy demand and supply through 2030.

www.exxonmobil.com/Cor...

Energy Companies in the Spotlight: Exxon Mobil, BP, Total SA and Petro-Canada

I'm always interested to read and attempt to digest additional information, however in this case I think the author assumes she is writing for people who are very familiar with the data.

It would probably be helpful for many readers (including myself) for the author to include some term definitions as data is given. This would include SOOL, Utilisation, and then also the bp data for BP; I thought it referred to basis point drop in something but wasn't sure what.

Also then, it would be helpful to present some conclusions as to what the data or change in data may mean or predict for stock price.

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.