markj

The Five Most Important Energy Forecasts of 2008

Followup to my earlier comment, here's a link to US Senate minority report on climate change issued December 11, 2008 (copy and paste into your browser):

epw.senate.gov/public/...

The issue of AGW is not settled.

The Five Most Important Energy Forecasts of 2008

There is no anthropogenic global warming to "solve," IMO it's a glorified con underpinned with numerical modelling nonsense and hysteria, highly politicized by nature, "green" has become a virtually religious mantra, hold onto your wallets.

Going for High Yield Stocks

APL is yielding 41.3% now, the unit price continues to get crushed, whatever the causes of the relentless selling Mr. Market says (as always) caveat emptor.

Cap-and-Trade Can Cut Emissions Without Major Economic Hit

Well said to all. AGW is BS based on computer models that are all precision and no accuracy. News alert, the weather is characterized by change. Carbon cap-and-trade is a financial, economic, and social ripoff. When the opportunity presents, fight it!

5 Energy Stocks with Low Long-Term Risk

Pundit and analyst forecasts, hah!, no one knows where the price of oil is going, what pricing were they forecasting 24 or 12 or 6 months ago? That said, it's very hard to imagine relatively depressed prices over the medium- and long-term because of the supply-demand dynamics.

Was 'Peak Oil' a Multi-Billion Dollar Hoax?

Many geologic paradigms may be reasonably viewed as myths, but not all myths lack utility and success. Peak Oil may be defined in different ways, but there's little argument that oil production in the USA peaked in ~ the late 1970s. Assuming that the resource is finite, then a rolling type of Peak period will occur on a global scale. In my opinion, Goldman has nothing to do with it, they do try to jerk the markets around and they simply can't be trusted. Simmons' arguments are very rational, so to dismiss them one has to assume that he completely misinterpreted his Saudi-based technical reports. That's possible but if one reads his book (and others by Deffeyes, etc.) it is difficult to dismiss his main points. Only time will tell. The subject makes for good discussion.

5 Reasons Why the $700B Bailout Could Translate to $250 Oil

Pursley, you revel in fringe geology, I just checked out one of the lead "articles" on your above oilismastery site (The Myth of Subduction) and it's poorly reasoned nonsense. If you want to see lively debate within the consensus geologic community (and science is inherently a consensual affair, occasional paradigm shifts notwithstanding), check out the following link:

www.mantleplumes.org/

P.S. There are some great "geology" websites that prove that the earth is only 6,000 years old, do you dig those? Real geology comprises many debates and open-ended questions; science is not characterized by certainty, but you turn that idea on its head by advocating crackpot nonsense. How lucky have the oil exploration scientists been so far in finding so much oil using their meager, goofy, obviously bone-headed conceptual frameworks? Hmmm, pretty lucky. Real geology is conceptually dynamic and exciting, come on in the water is fine.

Crude Oil: How Far Will It Fall?

who the heck knows?

Alberta Royalty Panel Drops Bomb On Oil Sands Stocks

I think we are not well served by re-posting today (October 9) an article that was originally posted on September 19, especially with the dramatic wording in the title/headline of the article. If you must re-post such an article, try toning down the headline to minimize needless adrenalin pulses in the readers.

Put Your Stocks In a Drawer and Forget About Them

Hear hear, leave the panicing in and out to the "pros"

Book Review: The Oil Factor - A Must Read

Ken Fisher's recent book (The Most Important Three Questions...) presented charts indicating a positive correlation between historic oil prices and overall stock prices (such as S&P 500) -- his analytical results contrast with Leeb's as outlined above here (not sure why at this writing).

US Oil Companies Borrow A Page From OPEC's Playbook

Why suspect collusion between OPEC and the major integrated companies, when the answer to your main question is grounded in fundamental economics? If ethanol usage ramps up as much as the idiot politicians are pushing then the case can be made that, with current US refinery capacity, the US will be a gasoline exporter in (say) 15 years plus.

The Ethanol Boom's Unintended Consequences

On balance, Mr. Dwinnell appears to be correct in his piece. And John Stossel is no slouch, either. Mr. Morris and others perhaps did not take the time to read the WSJ article that Dwinnell linked in his piece (worth seeking out if one isn't an electronic subscriber to WSJ) -- in fact, pigs (not cows) are increasingly being fed the smorgasbord of non-corn items, such as broken pieces of candy from manufacturers, tater tots, etc. (yes, the discard candy is cheaper than corn). Mr. Kamp has more confidence in USA politicians than I do; it's already easy to see many unintended consequences of the government ultrahype and subsidizing ethanol. The price of corn futures are real enough for farmers making decisions about what, and how much, to plant. Cheap, local sweet corn is incidental to the major economic reverberations caused by the ethanol hype. See what Jim Jubak recently said regarding ethanol's significant economic ripple effects at articles.moneycentral....

OPEC Cuts Production: Crude Prices May Still Fall

David, it may get colder this winter in the northeast, don't break your piggy bank to buy expectations of $40 oil