Ferdel

Is Rentech the Answer to U.S. Energy Problems?

For years it has been clear to intelligent people that sending truck loads full of money to countries who would rather slit our throats, is ludicrous.
As the writer says . . . is anything of intelligence and forsight going to come from the congress? Absolutely not! Or perhaps from the president? His handlers wouldn't have it!
Wherever the initiative toward achievable oil independence might come from, here's my take: In order to entice investors to put money into projects like FT (CTL/GTL) there has to be some assurance that long term investments will pan out. This would require, among other assurances, that the oil price will not fall below a certain price, let's say $ 60.00 for arguments sake, at which price FT technology would be feasible and profitable.
If the price were artificially lowered by the oil producers to destroy any efforts of synthetic fuels energy, as they have done several times in the past, a special tax would kick in to keep the price of crude at the above minimum level. The windfall tax could and should be used to accelerate alternative energy sources. No tax payer money would be wasted to further efforts like the Pickens plan, which, again, I suspect is lop sided and helps Pickens and friends to sell their NG at taxpayers' expense, or GE's caper to monopolize the wind energy front.
We must stop hoping that congress will do the right things, and DEMAND that the right course be taken, free from partisanship and personal interest void of all concern for the future of this great nation.
Is congress getting the message? Absolutely not. With people like Pelosi and Reid throwing around their weight, there's no hope. Replacing them with the other buffoons? No hope either.
Something radically new has to come along. How? If congress does not want to listen and act their mandate to work for the people, we will orchestrate a "General Strike" and then see what will emerge that is palatable and acceptable to the majority of the people.
Right now would be the time to make radical changes in our nation, because we are already in the midst of unprecedented upheaval. Solutions are NOT going to come from our bought and paid for "leaders", but must come from the people.