satch63

Why Cheap Oil is Great for the Majors

Your understanding of BP-TNK issue shows how little you understand about the issue.
If you were assigned by BP your bonus and living package was soi in excess of other TNK employees it became an issue.
The out going President was so pro BP anti TNKBP it is no question he was causing the company problems.

OPEC's Cuts Can't Fight Global Recession Headwinds

OPEC members have an interest in keeping a share of the energy market. Crude oil in the less than $70 range will discourage alternative energy development therefore do not be too happy about lower prices.

Crude oil in range of $80 makes tar sands and alternative energy sources possible.

Demand is now down but the battle for long term reasonably priced fossil energy sources will continue.
Lower prices mean the public companies will pull back and the nationally owned companies (China, India, Russia) will continue pursuing energy for the future and public companies will take second place.

Should We Listen to Boone Pickens on Oil?

If you are going to comment on oil I wish you understood the fundamentals.
Certainly oil prices can come down but long term , assuming we have an economy, the daily requirement for oil will increase and only higher prices will allow exploration and development of hard to reach crude oil. The cheap cost of production days are gone.

Events in Russia Could Push U.S. Toward a Clearer Energy Policy

If you really thing the Department of Energy has a policy or understands energy then I know you are a lost soul.

They do very little with a very small budget.

Forget $100 a Barrel - Oil Will Plummet to $30

Nuclear Plants take 8-10 years. 1000 cars in 2014 is drop in bucket. Alternative energy will have a place but fossel fuel will be a major source for a long time.
If you do not understand if oil goes below $65 per bbl then a lot of new production will not be brought on line.

Oil, Iraq and U.S. Foreign Policy: A Way Forward

You are partly correct. teh reality is that the former Sec of Defense would not listen to anyone and with his suck up advisors decimated the military and got us in this mess.

Now believe or not if the Iraqi Government wants to do some large contracts to help its people once they are signed and the Iraqi Government funds them the U.S. Government blocks the funds until they decide its okay.

The cost to develop long term increased production is the cost of one or two months of the war. Providing not dividends in the sense of cas hh but in electricity, housing , food and energy will stop the conflict cold if we also disarm all militias of heavy weapons and stop Iran training them in new equipment.

The only "pain" of non -military in this war has been increased energy prices and the only winner of this increase has been the oil majors. Lets change it and get something for both the American and Iraqi people.