TXDESERTFOX

Thoughts on Last Night's Speech by the President

Obama has no credibility after claiming the Stimulus Bill contained no earmarks.

Consumer-Driven Deflation? Not Even Close

Professional Politicians Have Destroyed The American Way of Life

Advocates for one world government, including the Clinton and both Bush administrations, have exported our jobs under the guise of global free trade. A natural consequence of this globalization is an equalization of living standards. That is, the living standard of Americans is being permanently reduced while living standards in China and India soar. Most jobs, once exported, will never return to the United States.

The Federal Reserve has allowed our currency to depreciate by more than 95% in its futile attempt to maintain full employment instead of preserving the purchasing value of the U.S. Dollar. The U.S. is now bankrupt with no possible way to repay our debts. These same professional politicians are now destroying what is left of American Citizens' lifetime savings in a futile attempt to inflate away the debts of the fiscally imprudent. After they decimate what is left of our fiat currency, decades of depression will follow if they do not reverse course now.

Any bankrupt, including the United States, should terminate all unnecessary spending, reduce necessary spending to an absolute minimum and do everything possible to increase income. Our entrenched professional politicians are doing the opposite via their standard approach of throwing an ever depreciating currency at the problem. After almost eight trillion dollars, they continue their futility. Since they have bankrupt the nation, they now take money from fiscally prudent that can still provide jobs and income and give it to the fiscally imprudent that cannot provide jobs and income.

Unless our Federal Government immediately recognizes the fallacy of its present course of action and adopts the above steps to emerge from bankruptcy, America is doomed. Why are so many economists, financial experts, news reporters etc. not recognizing this is what the advocates of one world government want, being a bankrupt and demoralized citizenry.

An Energy Investing Guide for 2010

Why do you and others recommend ETFs for investing in oil and natural gas instead of royalty trusts that pay substantial dividends?

Will Obama Succeed in Maintaining His Approval Rating?

Oil Patch Bumper Sticker Seen in Houston, Texas:

"How's That Changey Thing Going For Ya?"

On Jim Rogers and False Statements

Rodgers is exactly on track with his emphasis on agriculture. The capture and sequestration of carbon dioxide to combat climate change (formerly global warming) is in reality an evil plan to reduce world population by limiting production of food crops and starving people. If the plan moves forward, food crop prices, crop land prices, etc. will escalate astronomically

Professional Politicians Have Destroyed The American Way of Life

Advocates for one world government, including the Clinton and both Bush administrations, have exported our jobs under the guise of global free trade. A natural consequence of this globalization is an equalization of living standards. That is, the living standard of Americans is being permanently reduced while living standards in China and India soar. Most jobs, once exported, will never return to the United States.

The Federal Reserve has allowed our currency to depreciate by more than 95% in its futile attempt to maintain full employment instead of preserving the purchasing value of the U.S. Dollar. The U.S. is now bankrupt with no possible way to repay our debts. These same professional politicians are now destroying what is left of American Citizen’s lifetime savings in a futile attempt to inflate away the debts of the fiscally imprudent. After they decimate what is left of our fiat currency, decades of depression will follow if they do not reverse course now.

Any bankrupt, including the United States, should terminate all unnecessary spending, reduce necessary spending to an absolute minimum and do everything possible to increase income. Our entrenched professional politicians are doing the opposite via their standard approach of throwing an ever depreciating currency at the problem. After almost eight trillion dollars, they continue their futility. Since they have bankrupted the nation, they now take money from fiscally prudent that can still provide jobs and income and give it to the fiscally imprudent that cannot provide jobs and income.

Unless our Federal Government immediately recognizes the fallacy of its present course of action and adopts the above steps to emerge from bankruptcy, America is doomed. Why are so many economists, financial experts, news reporters etc. not recognizing this is what the advocates of one world government want, being a bankrupt and demoralized citizenry.

Cap and Trade Scheme Will Hurt U.S. Economy

Consider the effects of carbon dioxide capture and sequestration on the earth's 6.9 billion inhabitants. Carbon dioxide capture and sequestration, supposedly to combat climate change (formerly global warming) is in reality an evil plan by advocates of one world government to control global population through starvation by reducing production of food crops. Sixth grade science classes teach the atmospheric cycle and the effect of lower carbon dioxide concentration on plant growth. Al Gore is correct in calling this a moral issue. Intentional starvation of billions of people is the most important issue of modern times. If the prospects of this plan succeeding were not so frightening, the individuals and organizations, especially religious organizations, supporting this despicable hoax would be laughable.

Recent Policy Decisions and a Greater Depression

Professional Politicians Have Destroyed The American Way of Life

Advocates for one world government, including the Clinton and both Bush administrations, have exported our jobs under the guise of global free trade. A natural consequence of this globalization is an equalization of living standards. That is, the living standard of Americans is being permanently reduced while living standards in China and India soar. Most jobs, once exported, will never return to the United States.

The Federal Reserve has allowed our currency to depreciate by more than 95% in its futile attempt to maintain full employment instead of preserving the purchasing value of the U.S. Dollar. The U.S. is now bankrupt with no possible way to repay our debts. These same professional politicians are now destroying what is left of American Citizen’s lifetime savings in a futile attempt to inflate away the debts of the fiscally imprudent. After they decimate what is left of our fiat currency, decades of depression will follow if they do not reverse course now.

Any bankrupt, including the United States, should terminate all unnecessary spending, reduce necessary spending to an absolute minimum and do everything possible to increase income. Our entrenched professional politicians are doing the opposite via their standard approach of throwing an ever depreciating currency at the problem. After almost eight trillion dollars, they continue their futility. Since they have bankrupted the nation, they now take money from fiscally prudent that can still provide jobs and income and give it to the fiscally imprudent that cannot provide jobs and income.

Unless our Federal Government immediately recognizes the fallacy of its present course of action and adopts the above steps to emerge from bankruptcy, America is doomed. Why are so many economists, financial experts, news reporters etc. not recognizing this is what the advocates of one world government want, being a bankrupt and demoralized citizenry.

Continuing to Accumulate Peregrine Pharma at Current Levels

What about reverse split to avoid delisting?

Hugoton Royalty Trust Distribution Trends Up

Will Exxon elect to buy HGT and CRT or sell these properties to a third party instead of operating them for the benefit of the trusts? If Exxon continues to operate, won't expenses increase substantially, reducing the net profits income?

Shale Gas: Promises, Promises, Promises

Total Texas natural gas production peaked in January 2009 at 675.2 BCFG/Month and has declined at a 30% per year rate to 572.7 BCFG/Month during August 2009. This decline in natural gas production is due to the rapid decline of Barnett Shale Gas Wells in the Fort Worth Basin and the Haynesville Shale Gas wells of East Texas. These figures are taken from the Texas Railroad Commission monthly reports.

Dr. Berman published an excellent article in the October issue of World Oil as follow-up to his previous articles discussing these shale gas plays. As a practicing Petroleum Engineer of 44 years I have also investigated the Barnett, Fayetteville and Haynesville Shale Plays and concur with his findings.

Texas Total natural gas production includes all gas produced in Texas, both associated “casinghead gas” and gas well gas. In January 2003, total natural gas production was 477.4 BCFG. Production steadily increased to 675.2 BCFG in January 2009. The increase in production resulted primarily from completion of thousands of shale gas wells. When the pace of drilling and completion in the two shale plays diminished, the rapid decline being masked became apparent.

Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short

TX Total Natural Gas Production:

Dec 2007 613.2 BCFG
Jan 2008 543.6 Jul 2008 586.2 BCFG
Feb 503.6 Aug 595.1
Mar 570.6 Sep 570.8
Apr 552.6 Oct 626.9
May 577.1 Nov 604.2
Jun 566.6 Dec 606.5
Jan 2009 568.9

Source: TX RRC

This looks like a 33% per year decline as stated by XTO's Bob Simpson. If your shale plays are low cost, we may not be on the same planet.

Energy Secretary Chu's Wish List: Cap-and-Trade and Cheaper Solar

Once people realize capture and sequestration of carbon dioxide, supposedly to avoid climate change (formerly global warming,) is really an evil plan by advocates of one world government to limit global population by reducing production of food (starvation) they will stop this insanity. Hopefully before it is too late.

World Bank Releases Forecast for Global Economy, And it's Not Pretty

"In an unforeseen twist of fate, Globalization has enriched poorer countries and impoverished richer ones." What do they mean, unforeseen? Equalization of living standards is a natural consequence of globalization. How could you expect anything else?

FPL Group Cuts Wind Power Plans: Sign of a Larger Trend?

DFDP Newsletter XXV, No. 5 reports: currently 94 GW of windpower installed operates at 20% capacity and because of unreliability, cannot replace a single watt of permanent generating capacity. Approximately 45 144-ft turbine blades have cracked in the Midwest's violent changes in wind direction (WSJ 4/8/08).

Where Is the Global Economy Headed Now?

The following URL reveals Non-borrowed Reserves of the Federal Reserve System. This index will preceed the financial markets in recovery as it did in the collapse.

research.stlouisfed.or...