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.

Sean Rakhimov on Silver: The Calm Before the Storm

Gold at US $130.00???????? Hmmmmmm. . . . .


On Apr 27 12:00 AM Plebian wrote:

> Is silver the only 'commodity' that has a users' association (Silver
> Users Association)? Wouldn't this association have an interest in
> keeping silver prices low? And wouldn't it be in the interest of
> this 'cartel' of silver users to collaborate to hold down prices
> (just as the oil cartel collaborate to keep oil prices propped up)?
>
>
> Supposedly the ratio of abundance of silver to gold in the Earth's
> crust is about 10:1. Common sense would dictate that the price should
> approximate this ratio in the long term. If so, either gold should
> currently be US$130/oz, or silver should currently be US$90/oz, based
> on supply fundamentals.

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

Someone with influence (so it's not going to be me) needs to convince our out of ideas, unimaginative, outroght imbecile congress that GTL/CTL is worth pursuing and that the FT technology is superior to off-shore drilling.
If congress were to guarantee a minimum price for imported foreign oil, so that the oil producers could not undermine the GTL/CTL technology again, like they have in the past by reducing prices to a point that made GTL/CTL no longer economically viable, investors would be there on the ready to go full scale.
But . . . with our no good for nothing congress that is not likely to happen because self interest is much stronger than the mandate they (the congress) have to act in the interest of the people.
So, we continue on the path to being the underdog, eventually.