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  • Peak Oil's Bell Is Ringing [View article]
    As a retired consulting engineer and lecturer on peak oil let me let me open by saying that conventional oil has probably already peaked, and we mostly doomed. The present quick world recession caused the supply/demand curves to temporarily reverse. A better investment strategy would include firearms, canned goods and small denomination silver coins.
    Good Luck.
    Nov 16 18:41 pm |Rating: +2 -1 |Link to Comment
  • The Oil Bubble Will Meet the Same Fate as Tech, Housing [View article]
    Duh, "new oil is plentiful"? Where? Please tell me.
    But, please don't tell me about the vast new shale oil just ready to ramp up (same story fifty years ago), or how tar sands will add the 5 million barrels/day/year just to offset the existing field declines, or how MAYBE a million more barrels/day of new US offshore drilling in ten years will affect the 85 million/day world production. Please, learn the facts before your write the article, junk like this article is preventing action on a real energy plan.
    Jul 19 10:45 am |Rating: 0 0 |Link to Comment
  • Implementing Pickens' Plan for Public Energy Policy [View article]
    Speaking as a consulting engineer in the business: Nat. Gas is great, simple, and already out there. I drive around in Gas Co. owned, Nat. Gas vehicles now. Problem: Mass increase through vehicle demand will IMMEDIATELY cause a shortage and jack up prices. Further, the electrical grid is already loaded. Sorry: We are doomed. Have a nice day.
    Jul 16 10:06 am |Rating: 0 0 |Link to Comment
  • Nine Oil and Gas Explorers and Drillers to Pump Up Your Portfolio [View article]
    Oil is becoming scarcer and more expensive to get at. Demand is also rising, therefore the price will continue to go up until we reach the point that we can't pay for all we want anymore. Bottom Line: We have began the downward spiral in the which the American lifestyle will begin to to look more like Europe, and then downhill from there. It's going to hurt alot. The big question? Will we accept it and tranfer our wealth to OPEC, or go to war and take it away. My guess is the later. Sorry, there is no technological fix, and renwables won't cut it.
    Mar 12 12:12 pm |Rating: 0 0 |Link to Comment
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