SeekingTruth

World Oil Snapshot: Big Picture and Investable Advice

Darned interesting article.

T. Boone Pickens says that you can drill, drill, drill, all you want off the Atlantic coast and you will not find enough oil to justify the cost of drilling. The reason, he says, is that you need to drill at the mouth of large rivers like the Mississippi whose sediment created the oil in the first place.
Don't know who is right on this difference in opinion as I consider you both experts on oil exploration.
If hydrogen can eventually be cost effectively used to produce electricity, would this not alleviate the demand for oil if we utilize more electric cars? Same for Solar , etc.

I am convinced of our dependence on oil, and your excellent article reinforces that view, to the extent that is possible.
PS: Why do you not own oil stocks?

Big Oil: Dark Skies Ahead?

I appreciate it when anyone with good knowledge can help me understand the flaws, threats, and weaknesses of ANY investment , as well as the opportunities, of course..

Naturally, one must always assess the factual basis and background of any advice or opinion as best as one can.

Recent articles about Devon Energy is a case in point, and after watching the price decline, few will argue with the warnings now, with or without the article's effects as a contributory factor.

Some have suggested that it will take around $55 /BL to shore up the balance sheets of the oil companies on a forward basis. If so, rallies in the oil stocks should be treated with suspicion unless you think oil prices will reach at least that level in the next two or three quarters (as it very well could), and there's the rub, because it might not.

A good and useful article as any bit of solid info helps in some way, and it is always the individual investor's responsibility to supplement the info as necessary.

BP’s Dividend: Accidentally Enticing

If memory serves, The CEO of BP stated that the dividend was "safe" as long as oil stayed above $40 a barrel.

Well , we're almost there again. If they cut the dividend on this basis, does anyone out there have any clue as to what will happen to the stock price as to the magnitude of the dividend cut and the price drop?

This question is asking a lot , but it's worth a shot for the benefit of potential investors.

Plug-In Natural Gas Hybrid Vehicles: A Game Changer

Nat Gas, biofuels , wind , solar , hybrid electric/ nat gas, etc. we must MAX OUT all of these in their use at the highest possible rate.
The positive paybacks are enormous in most all of these areas, and there is no time to waste!

Coal and Nuclear are more problematic.

If you don't think so, then you should live in the Tennessee Nuclear Valley for awhile. There you will be availed of the constant thrills and delights of your lakes , rivers, streams, roads , farms, schools, and homes under the constant onslaught of every conceivable kind of massive leaks and spills into the environment from coal and nuclear toxic waste, and for now , I will spare the reader the graphic details of these periodic , frequent, and almost regular occurrances. It would take a very large world class encyclopedia to accomplish that.
The event descriptions are , however, available from all the news sources if you wish to research and verify them for yourselves. If you are unable to do this but remain interested then I will be glad to offer my assistance on an as needed basis.
An excellent and useful article, and the comments were indeed interesting stimulating, and encouraging.
Congratulations to all for a job well done.

U.S. Oil Supply: Drilling Down to the Facts

The American oil cartel, the State Dept, the CIA, and the US military tried to bend Sadam Hussein to their will basically since the fall of the Shah of Iran.

After the fall of the Shah, who was in their hip pocket, a prime replacement , shall we say, prime "co-operative" , was desperately needed to secure a stable and reliable source of oil from the M.E.

Many times they used the carrot and stick approach on Sadam, and each time the carrot got smaller, and the stick got larger.

His doom was sealed long before the invasion of Iraq, when he summarily expelled the WMD inspectors, and ceased relations with the US. It was then instantly apparent to me that neither he nor his sons would survive, with or without an invasion. However, an invasion proved necessry to accomplish this goal. So , yes , the primary reason was OIL, but there is much, much more to the story.

Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term

Generally agree with article, but may differ on some of the details.
I don't have the full facts, but I believe that all, or most all, of the foreign auto makers that are cleaning the clocks of the domestic auto makers daily have STRONG AND VIBRANT UNIONS. I am neither anti or pro union, and I have never been in one or would want to be. I believe that the major elements of our auto/energy problems are caused by a greed motivated group of arrogant, short sighted, nepotistic, paternalistic, and totally incompetent group of auto managers, owners , and marketeers, and not primarily the unions.
The unions do contribute their share of our auto industry problems, but I suspect that a mostly nondiscerning and short sighted general public with little or no concept of energy fundamentals are an even greater factor. Overall, I believe that no bailout funds are justified and would vote against them if given the opportunity. But if it must be done, we must demand and receive MAJOR improvements similar to that suggested by the article.