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bukdow

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  • U.S. oil imports from OPEC hit 30-year low [View news story]
    The US should provide its own energy needs period. Oil, coal, nuclear, and to what degree they become feasible through technological advancement, "green".
    Nov 24, 2014. 05:28 AM | 3 Likes Like |Link to Comment
  • Oil, Physics And Time Travel [View article]
    Moreover, if/when alternative energy does become feasible, I imagine XOM, CVX, etc. will position themselves accordingly. Some algae drinking hippie with a Che Guevara t-shirt and an IWhatever isn't going to upset the apple cart.
    Nov 24, 2014. 05:22 AM | Likes Like |Link to Comment
  • Oil, Physics And Time Travel [View article]
    Very good point. "Green" energy will be hard-pressed to replace oil not only due to its insufficient ability to generate the amounts of energy/power needed, but as you say, because technological advances in oil extraction, processing, and use will make it even more economically nonsensical.
    Nov 17, 2014. 08:06 AM | 1 Like Like |Link to Comment
  • Oil, Physics And Time Travel [View article]
    Sounds great and if real economic benefits and technological advances cause that, I am all for it. However, if it is fueled (pun intended) by the likes of the Obama administration - no thanks. Let the Market dictate.
    Nov 17, 2014. 08:06 AM | 2 Likes Like |Link to Comment
  • Phillips 66 Partners to acquire $340M in assets from Phillips 66 [View news story]
    Thats what I was wondering. Seems like the MLP portion of their business was one they were investing in the most. Citgo assets in Venezuela? Not until the next American president with some sand turns that country into the friendly American enclave it should be. Then, yoke it to Colombia and we will have a very effective proxy.
    Oct 22, 2014. 07:03 PM | Likes Like |Link to Comment
  • Sustainable Energy: A Popped Bubble Or A Correction? [View article]
    Possibly, but at present I think you are missing the trees for the forest.
    Oct 17, 2014. 10:08 AM | Likes Like |Link to Comment
  • Sustainable Energy: A Popped Bubble Or A Correction? [View article]
    Isn't Solazyme one of Obama's "pet projects"? I believe they are heavy Democrat donors. Additionally, it seems I read somewhere the biofuel they unloaded on the Navy was at a cost of 4 to 7 times that of regular jet fuel.

    I would like to see one of these companies compete in the market fairly without having their sails filled with governmental hot-air/money.
    Oct 17, 2014. 09:28 AM | 1 Like Like |Link to Comment
  • Detroit agrees to deal with major holdout creditor [View news story]
    Detroit. A fine example of what America needs to beware of. Bloated incompetence coupled with a mentality of victimhood and entitlement. Let alone a level of corruption ushered in by Coleman Young that is only rivaled by Putin's Russia.

    Get your mind right, value your children and get to work. Fix your culture by teaching your children to respect themselves as well as others. Learn the value of "earning it". Enough balkanization for the benefit of sewer rats like Al Sharpton and Jesse Jackson.
    Oct 17, 2014. 09:09 AM | Likes Like |Link to Comment
  • Sustainable Energy: A Popped Bubble Or A Correction? [View article]
    Oil is going nowhere. Coal is embattled because we have a farthead administration occupying the White House. If we get a proper pro-business president in 2016, you will see coal and oil take off, coal especially. If Hillary is elected, you will still see oil do well. However, she will continue to hoist coal on it's own petard.

    The reality is that "green energy" doesn't have enough sand in it's bag to do anything on a large scale. Maybe as an individual energy source here and there, but it has nothing to offer industry/manufacturing.
    Oct 16, 2014. 04:01 PM | 2 Likes Like |Link to Comment
  • Hold off on bargain shopping - El-Erian [View news story]
    I spent some money on HAL, PSX and XOM Friday. I have more to spend as the situation warrants. Since I am looking 20+ years down the road. I feel very good about my purchases and will about my future purchases as well.

    Nobody buys at the bottom and nobody sells at the top. If they say they do, they are a liar. I am not a liar.
    Oct 12, 2014. 07:15 PM | 5 Likes Like |Link to Comment
  • Quantitative Muzzling [View article]
    Hal under $55, let alone nearer to $50 (hoping) is a very good buying opportunity.
    Oct 11, 2014. 11:24 AM | Likes Like |Link to Comment
  • The Rising Marginal Cost Of Oil Production Highlighted By Kashagan Expense Escalation [View article]
    I wish the US would act in the vein of George C. Scott's opening monologue in "Patton". Enough PC nonsense making excuses for savagery and savages and general stupid backwardness. Enough. It is time civilized adults took the reins again. Toe the civilized line or be dealt with. Period.

    All the "Stan" (plus Africa) countries need to be re-colonized/civilized. There is plenty in the world if people are required to contribute and function instead of being allowed to backslide and ravage.
    Oct 10, 2014. 10:25 AM | Likes Like |Link to Comment
  • Exxon wins $1.6B settlement for Venezuela seizure [View news story]
    Fines and levies should be heaped on Venezuela all in an attempt to destroy the latest Simon Bolivar wannabe. When is the world going to stop falling for this nonsense?
    Oct 9, 2014. 07:02 PM | Likes Like |Link to Comment
  • Forget Keystone - Canada moves toward oil route around Obama [View news story]
    Nuclear energy is the ONLY sensible alternative to fossil fuels. "Green energy" does not come close to being able to provide enough energy for an ever expanding, advancing world.
    Oct 9, 2014. 01:31 PM | Likes Like |Link to Comment
  • Halliburton Awarded Mature Field Contracts from Petroamazonas [View article]
    IMO, more proof that oils is going to be around and important for a long time. Good for HAL and good for Ecuador.
    Oct 8, 2014. 08:16 PM | 1 Like Like |Link to Comment
COMMENTS STATS
855 Comments
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