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  • How About a Coal Stock for Your Stocking? [View article]
    Does anyone actually believes that the world is going to quit using cheap coal, convert all their power plants to burn natual gas and know for sure that once they commit, the nat gas price won't shoot through the roof? While all those who stand to make money on the "green movement" get you to stand up and wave their green flag, just remember that MOST of the world's population is far worse off than we are and the stark reality is that they won't be sitting in the dark to save the planet. Our conversion by itself is a drop in the bucket. Damn the truth hurts doesn't it? Coal is abundant, it is cheap and it is the fuel that most of the world is geared up to use to produce electricity. A more sensible approach to the global warming problem is to improve the technology to burn coal cleaner while continuing to supplement the world's energy needs with alternative sources. While Nat Gas is a cleaner burning fuel, it's supply isn't endless, so in the big picture it isn't a solution, but mearly a bandaid.
    Dec 5 04:36 PM | 7 Likes Like |Link to Comment
  • Coal's Brightening Outlook [View article]
    Coal is the most commonly used fuel for energy production worldwide because it is cheap and abundant. Even though it is cheap, a large percentage of the people worldwide still have no electricity. Any forced change away from coal to a more expensive energy source would deny even more the advantages of electrical power. I seriously doubt that we will ever abandon coal as a viable energy source even considering the "green movement" and this opens the door to new cleaner coal burning technologies.
    Aug 20 01:20 PM | 5 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    I read your article and am still laughing. I suggest that you limit yourself to topics that you have at least a thimble full of knowledge on.

    " I have merely borrowed language that is being widely used in the mainstream media."

    There in is where your problem lies. It is obvious that you know nothing relating to facts or current capabilities regarding deep water wells. You are attempting to do nothing more than the rest of the media and that is to "make the story" to fit your doomsday scenario which it turn does nothing, but scare those as uninformed as yourself.

    "First, as regards the pedantism, I am not the first to use the terms “geyser”, “gusher”, etc., when referring to this phenomenon. I have merely borrowed language that is being widely used in the mainstream media. So you can complain to them if you like. Moreover, even if the leaking well does not fit your own personal definition of “geyser”, I am sure that the flow is nonetheless strong enough to bowl either one of us over."

    Once again there is your problem, mainstream media. There is an underwater picture of the end of the riser pipe, readily available, that plainly shows the oil flowing out the end. While the other two leaks in the riser pipe are flowing at a higher rate, it is nothing close to a "gusher", "geyser" or as some media have described it, an "oil volcano." If you want to get "bowled over" go read up on the Itox spill, then come talk to us about gushers or geysers.

    I further suggest that you attend the Offshore Technology Conference now going on in Houston, Tx., so the next time you attempt to write an article, you can do based on actual knowledge.

    "I regret that I have upset some oil-and-gas people, you included, who have their own strong opinions and are understandably feeling extremely touchy and defensive given the political environment at the top right now."

    "It seems that the industry players and investors who track Seeking Alpha's energy-specific boards are so hyper-defensive and so blinded by their paychecks that they cannot understand why someone might be just a little concerned on this subject."

    Finally you seem to think that everyone who has disagreed with your article must be "touchy and defensive" concerning this subject. Although a modest attempt to discredit those who have posted opposing comments, it is obvious that most of those who did post those comments have superior knowledge on this subject when compared to your own. It's true that we are industry players and investors that track Seeking Alpha's energy specific boards and believe it or not, we are just as concerned as you. The difference between us though is that we are not running around in circles like chicken little screaming, "the sky is falling, the sky is falling." By the way, exactly who did you think was going to read your article, the Sierra club? Get a grip dude.

    In conclusion, I will make you a forecast that the oil leaking into the Gulf waters will be drastically reduced, if not completely shut down by the middle of next week. Tell your boss you want to take an extended leave Brother.
    May 5 04:02 PM | 4 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    Your welcome and I wholeheartedly agree. They began lowering the cofferdam at the well site late this afternoon. By the way, did anyone notice when that glitch hit the market today...BP didn't lose much ground at all and what it did lose, most came back pretty quickly. Just an observation. :)
    May 6 10:12 PM | 3 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    Here is a link that actually has a graphic which is pretty representative of the situation and the plan to make the repairs.

    There is also a link to a video which shows an ROV making the first repair to the end of the riser pipe. (Jake...Please take notes)
    May 6 07:00 PM | 3 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    Found this interview with a Horizon survivor...pretty interesting.
    May 6 01:30 PM | 3 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    BP Giant Box Close to Ready
    80 minutes ago -

    Related Companies
    Symbol Last %Chg
    BP 48.98 -2.69%
    XOM 64.07 0.28%
    RIG 68.70 -1.43%

    As of 12:03 PM ET 5/7/10
    The giant box built to contain the oil spill in the Gulf of Mexico is close to being put into position.

    The structure is being slowly lowered to the the 5,000 foot depth to the source of the spill, which is a pipe gushing oil. At dawn, the box was already 4,000 feet under water. Robots are placing buoys around the main oil lead to act as markers during the complex operation.

    The box is designed to contain up to 85 percent of the 200,000 gallons of oil coming out of the well daily, and funnel it into a tanker above. If successful, a second box being built will be placed over a second, smaller leak.

    BP, which leased the rig from operator Transocean, is responsible for cleaning up the spill, the largest since the Exxon Valdez disaster off the Alaskan coast in 1989.

    The preceding is a transcript of the video published at:
    May 7 12:12 PM | 2 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    That's true if that is indeed what happened. I wonder who would have called that shot, to pull the mud?. One thing is for sure and that is they have a number of fail safes to protect against a blowout. I wonder what the odds are on all of them failing? I suspect that the ram shear partially engaged encountering a collar of a pipe connection thus preventing it from completely closing. That, along with the kinked riser pipe, would account for the reduced flow of oil.

    One last item for the day, they have now begun to lower the cofferdam to the bottom.
    May 7 03:15 AM | 2 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    Correction on my earlier post. This is part of the alert I received:

    VENICE, La. (Dow Jones)--BP PLC (BP) has begun lowering a containment dome onto one of two leaks gushing oil into the Gulf of Mexico, though the company may need to work out some "startup troubles," Doug Suttles, BP's chief operating officer for exploration and production, said Thursday.
    "As we speak, the dome should be being lowered into the water," Suttles said in a press conference.

    I posted the previous information based on that alert, but apparently, the operation to lower the cofferdam was delayed due to fumes at the drop site.

    Here is another link to an underwater video. It is titled "Capping the third leak" but is actually the same location at the end of the pipe shown on the previous video. The end of the drill pipe had to be cut before installing the valve shown in that previous video.

    Another general information link to watch:

    Sorry for any confusion.
    May 6 11:10 PM | 2 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    You are more than welcome. I found it to be quite enlightening, especially in an atmosphere where there is so much hype.
    May 6 03:48 PM | 2 Likes Like |Link to Comment
  • BP’s Gulf of Mexico Disaster: Expect the Unexpected [View article]
    I agree with you completely and really hope that doesn't happen. It's way past time for those black and white thinkers to come to the realization of the world they live in. Should you be correct, I believe our future is full of many problems with few meaningful solutions. JMHO
    May 6 02:28 PM | 2 Likes Like |Link to Comment
  • Offshore Drillers See Swelling M&A Interest [View article]
    Afata05....A fool and his money are soon parted. Beware of all the "get rich quick" garbage. Watch a quality stock and buy on the dips and sell on the highs until you generate more capital. Remember that for everyone of you, there are thousands trying to talk you out of your hard earned cash and that my friend is an expensive lesson to learn.
    Apr 3 12:41 PM | 2 Likes Like |Link to Comment
  • How About a Coal Stock for Your Stocking? [View article]
    I just heard a report on CNBC concerning the use of solar power in Germany. In that report, they stated that the cost to the consumer for solar energy is 10 to 20 times higher than that of coal. As I stated before, are we ready to pay those sorts of price increases not only for ourselves, but for all the poor countries of the world as well?
    Dec 7 06:08 PM | 2 Likes Like |Link to Comment
  • How About a Coal Stock for Your Stocking? [View article]
    I believe that your investment in natural gas stocks will make you money. It is a good fuel to use for power generation. What I am saying is that the current overnight fad to trash coal for natural gas has less to do about saving the planet than to pad natural gas promoters pockets at our expense. Cramer is a good example. It wasn't but a few months ago that he was recommending Peabody Coal on his show. Today is can't stop trashing coal because he has a vested interest in natural gas stocks. Does that mean all his rants are right? No, it means he is trying to cash in on the green movement.
    Our whole civilization is petroleum based. It is used in everything from the production of energy,chemicals, building materials & medicine just to name a few. If your looking at something right now, a petroleum based product was used in it's production. With that in mind, lets just consider fuel used in power generation.
    If you consider how much fuel is used daily to generate the worlds energy demands, it is obvious why coal is the fuel of choice. Although natural gas is abundant like coal, it to has a finite source as well. Simply jumping on the bandwagon and forcing all energy producing industries to switch to natural gas will only create a more expensive problem and will provide no long term solution. The sad fact is that there is no alternative energy source that will totally replace petroleum based products. Nuclear power, once touted as a clean cheap energy source is costly, plant construction is time consuming and the spent radioactive waste is something no one wants buried in their backyard, not to mention the accident or terrorist factor.
    My original point was that we can not make this change overnight. We must continue to use petroleum based products by developing the technology to burn them cleaner. We must continue to expand the use of cleaner alternative forms of energy production such as nuclear, wind, solar & hydro electric while also researching new forms of energy production.
    The goal of the current International Climate Conference is to get everyone to quit using greenhouse fuels...simple. The problem is as I stated before, coal is used for power generation because it is cheap. Not only will the forcing of power companies to quit using coal cause a rise in rate hikes for consumers here in the U.S., but the International Climate Conference wants rich countries to pay for the additional costs that the poorer countries will incur when they stop using coal. That cost will be enormous and the bottom line is are you ready to open your wallet to that
    boondoggle? Another of their proposals is for rich countries to pay countries with rain forests not to cut them. I am seeing a trend here....LOL

    BTW....We can thank corn based ethanol on the lobbyists and not the scientists. Corn based ethanol requires more water, fertilizer and energy to produce than it is worth. Using corn, competes with human and livestock consumption and causes an upward spiraling of these prices. Sugar cane or switch grass is a more suitable substance for biofuel. Waving the green flag calling natural gas the save all solution is in my opinion about the same as waving a green flag with an ear of corn on it. It might makes some folks some money, but it is only a tiny part of the bigger picture.

    On Dec 05 09:40 PM einstein p fleet wrote:

    > I certainly hope so --- I own a ton of natural gas stocks, MLPs,
    > and some CANROYs. Best alternative play around, unless you actually
    > believe that ethanol was a good idea and not a political boondoggle.
    Dec 7 03:16 PM | 2 Likes Like |Link to Comment
  • Herbalife's Circular Reference - 'Popping The Question' [View article]
    You are spending a lot of time to prove your point, but did you fail to include the past history of their continued earnings and company growth. The bottom line is all I care about unless I am just trying to see the stock fall because of a short position, which in my thinking is wrong. JMHO
    Jan 22 12:54 PM | 1 Like Like |Link to Comment