Algae Biofuels Have a Promising Future [View article]
Energy out, must be significantly more than energy in, or this won't work. Too many of these projects result in less energy output, than input, and only work with subsidies. Ethanol is an example of that concept, IMHO.
For Your Perusal: The Glory of Free Market Oil Supply [View article]
But what if the chart is showing a long term trend, and they are actuallying finding less oil? It is a certainty that price was not limiting production during this period of time. Indeed, if it was not price, what was it that resulted in lower production of oil in the free market world? We won't know for sure immediately, but what if peak oil has already happened? What then? So many of the pundits want to argue against this situation, but I think it is happening.
I agree with the Fitzman, but also can't understand why Barron's would print something so far from 'conventional wisdom'. To me it is quite obvious that oil/gas will be the US's transportation fuel for a long time into the future. Natual gas could supplement that, if we get our act together, but we have yet to start. The current administration is part of the problem, but lets not forget previous administrations and their failure to also act. It is October of 2009, and the current administration is still adjusting to a multitude of other major problems.
Why Is Congress Agnostic About Natural Gas? [View article]
While I share your concern on the lack of a national conviction moving towards natural gas, I am not as negative on the overall eventual outcome as the author seems to be. What seems obvious to those of us who are invested in natural gas, is not as obvious to the rest of the country. We all tend to want things to work out our way 'NOW', but usually it takes a little longer. Patience, Fitzman. This will come with depletion of the natural gas surplus that has been created. IMHO
Why Invest in Oil Over Alternative Energy [View article]
The author has it exactly right. Garbage to energy was the rage in the 1980's, and I bought Ogden Corp then on that hype........What a mistake. Those buying the hype now will likely have the same result.
What U.S. Needs Is Long-Term Comprehensive Energy Policy [View article]
'Although Obama believes US consumers will pay less for fuel as a result of these changes, he apparently assumes the price of oil (gasoline) won't increase more than enough to wipe out the efficiency gains.'
For sure, but what if we do nothing? Would not that be worse? If we had of been increasing the standards slowly over that last decade, we would already have higher CAFE standards in place, and not trying to catch up to reality.
I agree on the Long Term Comprehensive Energy Plan idea, and I think we will get there, given some time. This guy has only been in office a few months, and he has a whole lot on his plate. In the end, we may not get all of what we want, any of us (oil/gas/energy investers), but I think we will get something akin to what you are asking for, eventually.
I agree with your stated positions most of the time, Fitz, but I also have more confidence in this president than you do. While that position is not popular here on SA, and I know others will shout me down, many of those others are waiting for a chance to get back into this market and on the sidelines. Eventually, they will get back in, and that will further fuel this advance. IMHO
Biofuel Production Will Continue to Grow [View article]
Not all ethanol producers are going bankrupt, but several have. But if this is such a great idea, why don't we remove the subsidies and see what happens? I think we all know the answer.
I have verified lower gas mileage in my car when using ethanol, like Acrimonious has shown in his car. Try checking your miles per gallon when filling up in a town here in the midwest close to an ethanol plant, such as POET's plants. POET apparently promotes a little extra ethanol usage in local stations close to their plants, and I can see my mileage drop significantly when using gasoline that is supposed to be limited to 10% ethanol. I don't know how much extra they get locals to use in the towns where they have plants, but my mpg's dropped significantly when I bought gas in Laddonia, MO (POET has a ethanol plant there). I can get 24-25 miles per gallon normally, and I get only 18-19 mpg when I buy gas in Laddonia.
Making Natural Gas Transportation a Reality [View article]
Fitz man, when I listen to T. Boone, he doesn't seem as pessimisstic as you do on this administration and the NG for transportation concept. Is my observation correct, or has the situation become more negative just recently and I am not up to date? I agree with the concept, and NG will be used for transportation at some level. Whether or not it comes to home fueling soon, is another question however; CLNE is adding to their lists of contracts each month and the concept is gaining traction, or so it seems to me.
H.R. 1835: Legislation for Natural Gas Transportation [View article]
Fitz, I have just followed your advice and contacted my congressional rep. I encourage others to do likewise. This legislation, or something similar, is necessary to push future use of natrual gas, IMHO.
H.R. 1835: Legislation for Natural Gas Transportation [View article]
This has to happen, IMHO, as we are going to have to use more natural gas. T. Boone has it right. 'It's cheap, it's clean, and it's ours!' What more do you need to know.
Oil Rises Again: What Does it Mean? [View article]
1) The world runs on oil, and 2) oil is also a inflation play due to it's inverse movement to the US dollar, and 3) the world has a finite, limited supply of oil. Those 3 facts explain to my satisfaction the movement in oil. I for one was not surprised that it has gone back up, and it may well go higher. The only thing one can depend on for sure is that it will continue to change. Following the trend, as always, seems to make the most sense. The market is never wrong, it just takes some of us longer than others to realize it is right.
Energy Firms Should Look to U.S. Shale - Barron's [View article]
Ask yourself: Where will the price of oil be when the lines are obvious? The market always looks ahead. Higher highs and higher lows, is the current market trend. Why is this the case, given the market forward looking view?
Want to Profit from Sky-High Oil? Avoid the Majors [View article]
I agree on the majors, and would add that the oil the the majors can't find, they will be forced to buy and acquire. The little guys who have the oil are going to be bought up by the majors, IMHO. Look for the independents with lots of reserves to be likely candidates.
Algae Biofuels Have a Promising Future [View article]
For Your Perusal: The Glory of Free Market Oil Supply [View article]
The End of the Oil Age? Not Quite [View article]
Golden Rule: Easy Oil Production Means Cheap Oil, Difficult Production Means Expensive Oil [View article]
Why Is Congress Agnostic About Natural Gas? [View article]
Why Invest in Oil Over Alternative Energy [View article]
What U.S. Needs Is Long-Term Comprehensive Energy Policy [View article]
For sure, but what if we do nothing? Would not that be worse? If we had of been increasing the standards slowly over that last decade, we would already have higher CAFE standards in place, and not trying to catch up to reality.
I agree on the Long Term Comprehensive Energy Plan idea, and I think we will get there, given some time. This guy has only been in office a few months, and he has a whole lot on his plate. In the end, we may not get all of what we want, any of us (oil/gas/energy investers), but I think we will get something akin to what you are asking for, eventually.
I agree with your stated positions most of the time, Fitz, but I also have more confidence in this president than you do. While that position is not popular here on SA, and I know others will shout me down, many of those others are waiting for a chance to get back into this market and on the sidelines. Eventually, they will get back in, and that will further fuel this advance. IMHO
Biofuel Production Will Continue to Grow [View article]
I have verified lower gas mileage in my car when using ethanol, like Acrimonious has shown in his car. Try checking your miles per gallon when filling up in a town here in the midwest close to an ethanol plant, such as POET's plants. POET apparently promotes a little extra ethanol usage in local stations close to their plants, and I can see my mileage drop significantly when using gasoline that is supposed to be limited to 10% ethanol. I don't know how much extra they get locals to use in the towns where they have plants, but my mpg's dropped significantly when I bought gas in Laddonia, MO (POET has a ethanol plant there). I can get 24-25 miles per gallon normally, and I get only 18-19 mpg when I buy gas in Laddonia.
Making Natural Gas Transportation a Reality [View article]
H.R. 1835: Legislation for Natural Gas Transportation [View article]
H.R. 1835: Legislation for Natural Gas Transportation [View article]
Oil Rises Again: What Does it Mean? [View article]
Husky Energy Dividends Get Cut - More Companies to Follow? [View article]
Energy Firms Should Look to U.S. Shale - Barron's [View article]
Want to Profit from Sky-High Oil? Avoid the Majors [View article]