User 217910

6 Comments

    • Natural Gas & Wind Power - The Pickens Plan [view article]
      If the US shifted to solar, wind and NG, not only would billions of dollars not go overseas, but millions of jobs would be created in the US, natural resource energy profits that go offshore would be taxed domestically, real property taxes on domestic production would rise (helping state and local governments), international oil prices would drop (maybe Russia's war machine couldn't be paid for so easily after all).

      But we'd have to keep oil prices in the US elevated via taxes (like Europe charges) to prevent a creep back in to the oil demand cycle that has brought the US to its knees and will keep it there for decades unless action is taken.       Aug 15 03:53 PM
    • The Benefits of Shifting to CNG for Fuel [view article]
      Nakedjay -- every fuel burned to produce energy has loss. But burning NG for electricity has the loss of energy in the NG as heat, loss due to transmission issues, loss due to inefficiencies in conversion of heat/steam to electricity. Then there is loss due to the heat and inefficiencies of the electric engine. Direct transportation use of NG should be more efficient than converting it to electricity in a powerplant. Jul 27 01:32 PM
    • The Quest for Marcellus Shale Exposure [view article]
      This table is nonsense. For example, it divides enterprice value by Marcellus acreage, but fails to take into account all of the other acreage owned by a company. CHK for example, has acreage in Hayneville and other areas, not just Marecllus. Assigning all of its EV to Marcellus acreage is misleading. The same holds true for many others. Jul 17 12:51 PM
    • Not Calling Crude Oil Prices a Bubble For Now [view article]
      Mr Pickens is a little late to the alternative energy party, but he is going into it full steam. No one energy source appears to do everything. Wind and solar probably won't power a jumbo jet, but they can power a lot of energy hungry devices. NG has great potential for powering transportation and could be adapted to hybrid use to maximize efficiencies in passenger autos. A combination of energy sources is the only way out of the oil dependency box at the moment and nothing is more important to the US than getting out of that box. If the dollars flowing out of the US economy for oil were being spent on domestically produced energy, the US and global economies would benefit. Jul 12 11:44 AM
    • High-Yield Canadian Royalty Trusts: What's the Catch? [view article]
      Once CANROY income is taxed by Canada, CANROYs will no longer withhold the 15% and Canadian taxes paid by the trust on its own income (as opposed to the current 15% tax imposed on the dividends of shareholders) will not qualify for a US tax credit and
      CANROY distributions will be taxed in the US like any other dividend.

      There is talk about "tax pools" and how that may change things somewhat. That has the potential to eliminate Canadian tax on income of a CANROY, rather like a loss carryover. However, even if the CANROY pays no tax due to tax pools sheltering its income, whether or not the distributions will be taxed by Uncle Sam remains to be seen.

      There is a tax concept of "earnings and profits" that applies to whether or not dividends are taxable distributions to a shareholder. The US and Canadian tax regimes are very different, and Canadian trusts aren't required to compute earnings and profits under US rules -- so who knows if the distributions will be taxed in the US or not? If a foreign corporation doesn't keep records of its earnings and profits in accordance with US tax rules, ALL of its distributions are probably taxable as ordinary dividends.       Jun 28 06:15 PM
    • Isis Pharmaceuticals' Obesity Buster an Enormous Finding [view article]
      The notion that arterial plaque can be reduced could be pretty significant. Statins can reduce plaque buildup but I am not aware of any credible claims of reversal by statins, just a slowing of progression.

      If I could get reversal with no adverse side effects, I'd give it a "shot."       Jun 27 02:20 PM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»