WayneS

Why ExxonMobil Took the Nat Gas Plunge Now

Actually, thinking about it, XOM took the plunge to natural gas over 150 years ago; "Oil and Gas." 95% of the people in the US do not realize that the Gas in Oil and Gas is Natural Gas. They think the only reason for Oil and Gas Companies is to overcharge them for the gasoline that they want to waste.

Why ExxonMobil Took the Nat Gas Plunge Now

ExxonMobil took the natural gas plunge over 10 years ago.

Why Exxon Should Significantly Increase its Dividend

In the early 80's, Exxon, instead of buying back shares, was hiring hundreds of people per month and investing in every alternative energy they could. All of a sudden, the bottom fell out of crude prices. 300,000 people within 100 miles of my house lost their jobs. My house was worth 10% of what I owed. My interest rate was 15.5%. What if, (since 2000) the oil business had followed the banks in investing in risky ventures? It took Exxon 20 years to recuperate. I'm glad I kept all of my 81-85 stock.


On Oct 09 10:07 AM bindlepete wrote:

> Is Exxon playing a game of low dividend =low stock price = more shares
> bought into their treasury? Is this manipulation? Is this good business
> and if so for whom? Management and their personal holdings until
> they decide to bump it and get out?

How Much Natural Gas Remains in the USA?

If you want to make some hydraulic frac fluid for Halloween, go to a drug store. In the the diet or food additive areas, buy a product that is mostly hydroxyethylcellulose. Put about 3-5% by weight water in a Waring Blender and "blend" for several minutes. Let it sit overnight. Turn the blender on slow and add boric acid (also found at the drug store) until it crosslinks.
If you pour 40% of this fluid out of a cup and then turn the cup back up, the fluid will flow back into the cup. It's good for ghostbusters slime and fake snot too.

Global Warming: Investment Implications

Maybe the acidification of the oceans is because there is over a hundred undersea active volcanos that weren't around fifty years ago. Maybe they're heating up the water.


On Aug 20 11:46 AM redavenger wrote:

> How do you reject the fact of ocean acidification (de-alkalinization)
> due to C02 absorption? Or do you also cavalierly dismiss this dire
> threat to the world ecosystem? Or are you even aware of it in your
> smug complacency?

Global Warming: Investment Implications

CO2 absorbs heat when released from a pressurized tank.
CO2 absorbs heat when it sublimates (dry ice to gaseous CO2).
Water absorbs heat when it evaporates (when you sweat or in evaporative coolers).
The CO2 that I exhale doesn't absorb heat (unless it's over 100 degrees out).

How Natural Gas Can Save the U.S. Economy

Any politician that has suggested fuel efficiency or anything sane has been laughed out of office: look at Jimmy Carter. We the people are the government. We just don't care as long as we can play nascar on the highways. Who even respects simple traffic laws? Who respects the environment? We are shooting ourselves in the foot. Everything we or the government claim we want accomplishes exactly the opposite.


On Aug 12 08:29 AM Nyetnichevo wrote:

> good article, thought provoking. Maybe our biggest problem is the
> vast wasteland our political system has become in DC? Too much stupidity,
> greed, and corruption. That is what's at the heart of our growing
> national malaise. Fix that and the market will take care of the rest.

How Natural Gas Can Save the U.S. Economy

Michael
I agree with you totally on natural gas. As I said I worked on coal gasification 30 years ago. It wasn't economically feasable at that time at 70% efficiency. Oil companies have been pumping produced natural gas back into the formations or using it for gas lift for as long as I can remember. It has always been cheap and rarely used for power plants.
I still disagree about XOM. I know they spent at least 10 years and a lot of money and manpower researching coal-bed methane, tight-gas, high strength steel (gas pipeline in harsh environs), gas trains, LNG ships, etc. They are now utilizing this research to further natural gas production and transportation.
I think the time for gasoline autos is passed. It is 17% efficient andthe average driver wastes 25-40% of the gasoline they buy through stupid driving habits or choice of vehicle. In the 60s, many trucks where I lived ran on propane (but had to be started with a liquid fuel). I have no answers, just questions. My first car was a 1960 Rambler stationwagon. It was bigger and heavier than 90% of the SUVs of today. It got over 30 mpg. There has been no improvement in 50 years. In the early 70s Mother Earth News had plans to make a hybrid out of any old vehicle. We're just going around in circles.

How Natural Gas Can Save the U.S. Economy

"Has anybody seen those new Exxon Mobil (XOM) commercials about algae investments? Heh heh algae for gosh sakes? Hydrogen fuel cells, algae, what’s next - magic dust? Big oil will use anything to distract Americans so that they continue their gasoline addiction while waiting for the magic bullet of the future – always the future. Meanwhile, Exxon, Conoco (COP), BP, and Chevron (CVX) sit on truly massive reserves of natural gas."

Algae will be used for biodiesel.
XOM sold (selling) all of their gas stations in US.
XOM has already sold the majority of their oil fields in US.
XOM is developing gas fields, including expensive tightgas.
There was a gas pipeline ready to be built from Alaska several years ago.

Where is the conspiracy? It looks like they are on your side.

PS: I worked on coal gasification 35 years ago. We made methane.

The Truth About Fossil Fuels and Renewable Energy

"We don't have a lack of oil, we have a (intentional) lack of will." says it all. We have many ways to reduce oil use now that cost nothing. Stop speeding & tailgating. Stop rapid acceleration & deceleration. Air up your tires. A big one is carpool or ride a bus.
We need a return to $4+ gasoline to temper this lack of will. This would cut 10% or more of our foreign dependence. It would save 1000s of lives on the highways and billions in healthcare.

H.R. 1835: Legislation for Natural Gas Transportation

There was a lot of research in the 70's on "clean coal" i.e., coal gasification and coal liquification. We also made methane (NG) from CO2 and water. Are we starting over? I think "renewable energy projects" means that the same projects are renewable for grants every 10 years or so.

XOM is producing NG from coal beds in Colorado now.

Why do we call it 'green technology" when it is CO2 that makes the earth green? Reformulated gasoline makes your vehicle less efficient so it produces more CO2. Catalytic converters maximize the amount of CO2. (just trivia. Nothing to do with article)

We can save more energy through conservation than we can produce through "alternative energy."

"Cap and Trade" sounds like Enron. Selling a non-existent commodity.

I agree that we need to stop talking and utilize every avenue available to us. Great article.

Six Companies Poised to Gain from a Natural Gas Auto Mandate

The 1982 Chevy Chevette got 60 mpg at 55 mph. It got 40 mpg in traffic. People don't want vehicles with good fuel economy.
We don't actually need better vehicles, we need better drivers. The average driver is like someone that buys a gallon of milk and pours a quart to 3 pints down the drain. They then cry that the dairy farmers are stealing milk out of their children's mouths. If everyone one slowed down and quit tailgating, this would make a big difference. The traffic jams would go away too. I am retired now, but when I worked I got over 70 mpg in my Buick LeSabre. I car pooled. I only get 30-32 mpg now.

Oil Industry: Farewell, Good Old Days

Exxon learned from past mistakes. In the eighties, they invested heavily in alternative energies. The exact same ones that are being persued now. Exxon brought up global warming, then in the eighties, as a reason to continue research in alternative energies. This was denounced as one of Exxon's lies to gouge the tax payers out of their hard earned money. The US government broke theur promise to support alternative energy, because the price of oil fell to $10 and gasoline was cheap. This is about to happen again soon. People will forget $4 gas. They will forget that 1700 less people died on the highways this year. They will again buy vehicles to feed their egos. The US government will forget about alternative energy until the next crisis.