green_cheeks

Oil Drops - But OPEC Looms

At this point, $100 a barrel is too expensive unless the dollar is deflated drastically. The rise to $147/barrel put the screws to our economy and that lasted for a short stint. Simply put, our economy can not afford to pay more than $80-$90 (today's dollar) a barrel for the long term. It has already been kicking our ass. We freaked out when it started to explode around $55. This has happened so fast to our economy that the catastrophic shock waves that were started two years ago are just starting to hit us in a relative sense in the housing market... and there are more to come.... for a while... It is just like a tsunami, the shores dry up and then all of a sudden a wall of financial terror will present it when we realize the reality of our position...
So for OPEC to put a floor on the market is not feasible for us nor them in the long run... the short run alone is economically suffocating.... Companies need to watch their bottoms lines like hawks... Therefore people are starting to lose jobs in increasing rates... What does the average person do when they lose their job and they don't have any savings? This is happening to people I know...

Energy, Inflation and Speeding Tickets

Cops are not losers. I like donuts too. They are so yummy. Yum yum yummy.
It might be a good idea to invest in donut stocks in a time like this. There are going to be less people driving therefore less people speeding therefore less tickets and less patrol. So police will spend more time at their local donut shop sipping and dunking those tasty pastries. The strain on wheat and oil prices are going to get pinched. further.

Exxon's Hoard

Any think the Saudis and others are holding out... and betting on oil futures at the same time to really make a bundle?

Investing Into the End of the Hydrocarbon Age

Great poetry. Who is the tyrant?
I do have my money where my mouth is, alternative, nuclear, oil and gas.
My recent history... 23-26: read a lot about being a vegetarian, so I did it. It worked for me. Read about yoga and meditation, then practiced it. It worked for me. 27-29: Felt lonely when surrounded by peers who engaged in drink and debauchery, so I decided to imbibe to my demise. Bankrupt at 29, massive anxiety attacks, and lifestyle turned upside down. 30: Doing great. Don't drink. Don't eat sugar and little meat. Practice martial arts. Take lots of long walks. Starting to enjoy the simple things again, realizing that matters never needed to get complicated. And yet I make really good money doing something enjoyable and autonomous, yet with it's fair share of stress.
I am not trying to push my views on others, but hey, what I did was simple and really helpful. Give up intoxicants, sugar (the no card diet is actually a good idea, just make sure you get a lot of vegetables and keep it light on the protein), and exercise consistently, especially something relating to yoga or martial arts. Qi gong is great if you have a good teacher.
Yeah, this was off subject, but hopefully it can be of use to some who reads it. And if you don't care for it, hopefully you can remain tolerant. Luckily these blogs have unlimited space, so a little tangent here and there is nothing to be bothered by.

Investing Into the End of the Hydrocarbon Age

I am not a liberal freak either. Balance is the key. France, Sweden, and Japan were definitely thinking ahead on the nuclear option. Now the rest of Europe is being fed from the hands of Putin. Talk about scary. That guy strikes me as a power hungry nihilist.

Investing Into the End of the Hydrocarbon Age

There is a solution already. It is nuclear, nuclear, nuclear, nuclear, and nuclear. The information is out there. Most people have probably not read it yet or have their heads in the sand as usual. We could build hundreds of nuclear plants with a trillion dollars. If you don't believe that nuclear is a viable option, just look up every nuclear energy video on youtube, pro and anti-, and make up your mind for yourself. Me personally... it sounds like a good idea.
Another idea that is fascinating are the large scale horticultural skyscrapers. There is a prototype being designed for Dubai right now. It is roughly 30 stories tall (10,000sq foot on each floor). It is believed that one building will be able to provide 50,000 people with 2000 calories a day. The building would obviously be encased with solar panels and all the other "alternative" energy.
America could be the greatest show on earth if we act now. Eliminate highways, put in more railways. I honestly think life would be more interesting. I think it would actually make us a more mobile culture if we had our own euro train. Amtrak is not up to the task and is basically as expensive as air travel anyways due to the economy of scale. It is probably just the romantic in me espousing these grand ideas. Heck we could probably do an amazing overhaul before the oil stops dripping. Cars suck for the most part anyways. I have one purely for employment purposes as I need it to get to appointments. I almost feel embarrassed when sitting in traffic with countless other drivers pondering the point of it all while burping carbon into the air that you and I breathe. I think they call that shitting where one sleeps.
The Sad American lifestyle is killing our spirits prematurely. Yet we will probably have longer lifespans due to modern medicine.

Has Oil Production Reached a 'De Facto' Peak?

My name for it is "Peaking Oil". Even if oil prices go below $100 again, we will just revert to a cheap oil mentality again and bury our heads in the sand. It might take something more cathartic like $200 to get people serious about the solution.