Advill

Rapid Transition to Grid Enabled Vehicles Not Possible or Desirable

No, Don America has a lot of energy sources problem is not in the sources its in the mentality.

How come that everybody in US is worry about price of oil having incredibly amounts of NG with no use, some of the biggest uranium mines, lithium mines, rare metals mines are in US, let say something about the huge amounts of carbon gas and methane.

The herds (methane producers) in US are the biggest in the world, cellulosic fuels, solar and eolic sources are there, talent and capital is there.....the only point restricting this is the stubborn addiction to oil (specially gasoline), the psychological need of driving a truck for buying milk in Walmart....one day I will write a bit about my experience of moving around in McAllen Tx in bicycle.

Don´t worry about your kids they will be fine.

rgds


On Nov 22 02:58 PM Don Harmon wrote:

> I fail to see a shining light ahead for the future of U.S. Energy
> policy and there is no single Agency that stands above the fray and
> offers a simple philosophy that everyone can embrace. Sorry, DOE,
> you are no NASA.
>
> Lacking that single big event or unifying message, I fear much knowledge
> and problem solving talent will be wasted or I should say squandered
> in the next few years. Right now it's a free for all tag team event
> with no enlightened guiding principles and nothing more than a guy
> standing in the ring shouting "let's get ready to ruuuuuuummmble!"
> Well, it certainly will make for some entertaining times ahead.<br/>
>
> God help us and especially our kids.

Rapid Transition to Grid Enabled Vehicles Not Possible or Desirable

Well John, It´s good to know that your "americentric" approach is rightly combined with an "eurocentric" (north), good link, thanks.

RGds


On Nov 22 12:15 PM John Petersen wrote:

> I just discovered why I occasionally get commenters who want to argue
> with facts. The test at this link is fun but the overall scores from
> test takers are terrifying indeed:
>
> pewresearch.org/politi...
>
> If you really want to understand the mentality of the masses, this
> is a great starting point.

Global Markets in Review: Share Prices Too Far Ahead of Economic Reality

Maybe it´s true but:

Real estate will be depressed in the mid term
Inflation is around the corner
Commodities are already higher than economy
Trillions of TARP money moving around......WHERE DO I INVEST MY MONEY ? perhaps is the daily question moving billions each day and my small account too!

Rgds

Rapid Transition to Grid Enabled Vehicles Not Possible or Desirable

C´mon, man....the guy is a freshman, take it easy and enjoy your jungle-seaside living and keep your comment activity as it is, refreshing.
When is the book going to press?

Rgds.


On Nov 22 10:17 AM Mayascribe wrote:

> Road Runner: Yeah, I'm a pretty terrible investor. I have shares
> of Jaguar Mining (JAG) that are up only 469%. I got into Tech Cominco
> (TCK) at $5.17, now only over $34.00, and ATP Oil And Gas (ATPG)
> at $4.71, now almost $16.00, Yingli Green Energy (YGE) at $6.16,
> now $13.75; got into Yamana Gold under ten bucks, now over $13.00,
> GE under ten bucks, now mid $15. Had shares of Exide for $1.91, then
> sold them, them bought them, then sold them, then bought them, merrily
> pocketing profits all along the way.
>
> I have two accounts. One is an e-gamer account, the other a brokerage
> account. One is extreme and intense an wildly opportunistic and stressful,
> the other is like sip'n lemonade while lazing in hammock enjoying
> the sea breeze in Belize. But if it were not for the stressful account,
> the sip'n lemonade account would still be way down from last and
> this years crash.
>
> And, as I was dutifully staring at my screen, as day traders do,
> while watching CNBC back when Wachovia reset and started selling
> their shares for a buck, I picked a few for $1.42 that went to about
> six bucks before being converted into Wells Fargo that are now about
> $25.00. I could mention many more successes, Freeport, Caterpillar,
> etc., but I'm not going to waste my time.
>
> Yep, I totally agree with you, I'm really a terrible investor. <br/>
>
> And respectfully, you sir, are clueless to the reality and logic
> to what John Petersen has been steadfastly stating since July, 08.
> One more thing, I was once like you. I actually owned Ener1. I actually
> dueled with John way back when. Actually thought lithium batteries
> were the savior to get us quickly off of oil dependence from our
> enemies. But, I actually listened to John. He made sense. And from
> that sense, I line my pockets with profits from the battery sector.
>
>
> How much have you made off of ANY lithium stock during the past year
> and a half?
>
> Electric vehicles are coming en masse; but not anything near what
> you seem to describe, want, need within the next five to eight years.
>
>
> Ever hear of Tata Motors?

The Oil Casino: SEC Heading for Monte Carlo, Part I

Sorry this is a comment space, not a advertising one


On Nov 22 10:03 AM Etrade User wrote:

> Good Sunday reading: financeopinionss.blogs...

The Oil Casino: SEC Heading for Monte Carlo, Part I

Great article! you are now in my list.

I have a question for you, as a private investor with a substantial % of investments for retirement in oil, is any way of having alternative estimates in the web about what companies reports?

Rgds

The Oil Casino: SEC Heading for Monte Carlo, Part I

Mexican oil reserves situation is worst than most people think, incompetent policies are cornering the oil industry (an the country in the process), only a massive drilling program can modify expectations in the middle term.
Mexicans has been cheating about reserves for long trying to create the idea than "reserves are bigger than reported feeling" but it seems now it was quite the opposite.

Rgds


On Nov 20 06:27 PM William M. Wright wrote:

> Petroleos Mexicanos, the state-owned oil company, said proven reserves
> of crude-oil equivalent may drop for an 11th straight year as existing
> fields dry up and discoveries are smaller than expected. Looks like
> Mexico needs to hire a GS Wall Street advisor to build them a new
> Black-Box Model.

A123 Systems Looks Headed Back to IPO Price

This company was successful in the small batteries market, but it´s not the same producing for hand tools than 500 pounds units for cars moving 150 miles daily.

As AONE will found the tricks of handling big instead of small is specially tricky in the battery world.

I could not invest a dollar in the short term future of A123 they are years away of solving patents and cost problems...but they have a beautiful Public Relations office.

Rgds

Valero's Major Announcement a Telling Economic Indicator

Valero has been doing stupid things lately, don´t blame oil market for that, refiners variables are more related to specific technical situations of plants, kind or crude being processed etc. additionally the shift to increase diesel use in autos (as is a norm in most first world countries) will reshape a bit refiner scenario

Anyway if the DOE report of oil consumption in 2030 is correct, the use of gasolines in the US will remain in 2008 levels taking other other fuels a foothold in the market.


Rgds

Rapid Transition to Grid Enabled Vehicles Not Possible or Desirable

I can´t understand how Mr. Goshn is underwriting this when he is perfectly aware of what is really happening in the world (that is different than US.)

It´s important to understand that US has many things to do to correct the oil addiction some immediate, some very cheap and some long term and fundamental .

Immediate:

1 Diesel on cars.
2. Tax on gasoline $0,25 per gallon, the money used in promoting NG, nuclear and grid expansion via incentives


Middle term:

1. Monetary incentives in "green" cars
2. Nuclear energy legislation incentivating new plants using new technology tah is being used outside US right now.
3. A German system for PV and eolics

As a matter of fact this is what DOE 2030 Study is saying, problem is that main parts of this are not happening (gas tax), diesel is taking to long.

After all many countries in the world are solving energy matters in a smarter way , there in no point discovering hot waterrgds

10 Reasons to Believe That We're in a Depression

America "enjoys" a political class that is costing to much money,to much time and to much effort, the simple ideals you pray for are subject to thousands of legal risks, lawyers everywhere, laws of any kind and flavour.

America can not be again what it was but can reinvent itself into something as good as it was.

Rgds


On Nov 19 12:23 PM User 353732 wrote:

> America's greatest export during its great ascent in the 20th century
> was freedom. Free markets, free speech, free elections, free minds.
>
> The freedom to innovate and succeed or fail;the freedom to be accountable
> for one's decisions and actions; the freedom to take the lonely path
> less traveled that often led nowhere but sometimes led to rich hidden
> treasures and unexpected vistas that inspired and motivated entrepreneurs
> and inventors and liberators.
>
> When America stopped exporting freedom because its Bosses no longer
> believed in it and its reigning elites began to import collectivism
> , class warfare and contempt for entrepreneurship and middle class
> values, then the moral and intellectual balance of trade turned against
> the USA and continues to worsen by the month.
>
> The worse the moral and intellectual balance the more debased and
> devalued becomes the polity. This devaluation is now being made tangible
> in the disgrace of the dollar( from as sound as the dollar to as
> fake as a dollar....), in the glorification of entitlements and instant
> gratification, in the mutilation of markets and institutions, in
> the accelerating corruption of the US Regime and in eroding civil
> society. As the moral and intellectual net worth of America is depleted
> so is its capacity to create real wealth and enduring competitive
> advantage.
>
> America cannot "be" Europe or Asia : it can only "be" itself; either
> much worse than Europe or Asia, which is the present trajectory or
> far, far, better which is what a rediscovery of liberty and the truths
> of the Constitution will lead to.
>
> Yes, there is a depression but it is a moral and intellectual one.
> Unless faced and cured, it will surely become a social and economic
> one. This depression is from within and from within may come the
> cure and restoration.
>
> No contender is defeating America the Champion; it is defeating itself.
> Greed, vanity, deceit is what the US Regime now gorges itself on
> every day.......This is not the breakfast of champions.

What Rising Oil Prices Mean for Energy Investors

From 2010 to 2019 there is a list of new fields that will come into stream.
Tupi field in Brazil, the first one of a series of fields in the shore of Brazil in a 600 miles trench.
Colombia, many medium size fields are being discovered there , Colombia is a stealth growing producer.
Mexico, yes believe it or not, Mexico is full of oil, problems is that Mexicans think that if they open their oil potential they will be invaded and absorbed by USA.
Cuba, yes, believe it or not, both in the south and the Gulf of Mexico "donuts" where Total, Repsol and others are actively working, Chavez is financing a big refinery in Cuba right now.
Canada, technology is improving Canadians capacities in mature fields and sand oil.
North Pole, where Canada, Russia and USA are running to make clear their rights.
Falkland Islands where extraction is difficult but possible
African coast (west) South of Guinea Equatorial to Niger
There is much bla..bla bla in OK,
It seems that Red sea has huge potential but Arabs are still very busy inland.

Problem is not if there is oil available, problem is if we should continue using it

Regards


On Nov 14 10:39 AM jerrydd wrote:

>
> To those who think oil production is going up, please tell me where
> it is going to come from and cover the present dying oil fields too?
>
>
> At about $120/bbl many alt fuels from NG, biofuels to Electric become
> not just viable, but far cheaper. And oil will be there by this time
> next yr.

What Rising Oil Prices Mean for Energy Investors

JAJAJA.....the best scenario is keeping pace with demand, assuming 100mb/d in 2030 ( something achievable in volumen having all the last fields in production) that will keep situation as it is today, barely a balance.

It can be some very short periods of abundance, specially in USA (weeks only) because of refiners particular situations that's all.

I could like to share a contrarian approach in this matter but is not the case.

Rgds


On Nov 13 06:16 PM sethmcs wrote:

> 2030? We will all be driving solar powered electric vehicles. IEA
> is nothing more than oil marketing firm. Oil is going down.

Altria: Tobacco Stock at a Discount

The last lawsuits were designed in a way that having a resolution (it was in 2006 i think) and a guilty sentence they closed the door for future legal actions in US.

rgds


On Nov 09 11:42 AM PastTense wrote:

> And what happens if Altria loses additional major lung cancer lawsuits?

Buffett and Gates at Columbia – The Markets Have Bottomed!

I will follow you now on,your page and your approach seems quite interesting.

Rgds


On Nov 14 10:46 AM bobbybutte wrote:

> as a person who is financially independent solely from dividend investing
>
>
> And an owner of BRK for about 20 years now letme make a observation
>
>
> 1997-2001 BRK earnings were poor for 2 reasons
>
> 1) large stake in KO which got to 65 times eranings fell drastically
> after it peaked in 1997
>
> 2)9/11 was adisaster for the p&amp;C business