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  • Peabody Energy: The Crusade To Hold Back The Inevitable Continues As Market Conditions Worsen [View article]
    Please do some careful study of climate science which is totally politicized and in its extreme infancy, before you make blatant statements based on ignorance. The seas are not rising. There is no evidence that co2 is a pollutant. Professionals cannot even predict the weather accurately more than 5 days in advance, never mind a catastrophic permanent temperature elevation worldwide. Climate scientists cannot accurately measure annual temperatures at ground level in a tilted, spinning globe that is not a closed system, which would be required under the "greenhouse" hypothesis. Furthermore, the scientific method requires an unbiased testing of hypotheses that are subject to review perpetually, not consensus . There is no settled science and the evidence for warming is exceedingly weak. Please read and study the following paper"Falsification of the Atmospheric co2 Greenhouse Effects Within the Frame of Physics" by Gerhard Gerlich and Ralph D. Tscheuschner "International Journal of Modern Physics B Volume 23, no 3 (2009) pp.275-364. You are not expected to understand the mathematics, but you are expected to study the logic rather than spout feelgood political cupcakes to your audience. I invite all commentators to read this article as well.
    Apr 20, 2015. 06:28 PM | 1 Like Like |Link to Comment
  • Peabody Energy: The Crusade To Hold Back The Inevitable Continues As Market Conditions Worsen [View article]
    The first answer to coal's problem is to get that creep Obama out of office in November 2016, 18 months from now, then replace him with a reasonable capitalist Republican. Obama has acted unilaterally on so many issues against the will of Americans who will be very glad to see him go. The next step is to develop a national energy policy, (with or without the Department of Energy) which will use all types of energy available to us in the most efficient manner, including nuclear and coal which burns quite cleanly when handled properly. Renewables will keep their 3% utilization rate for a long time to come.
    Apr 20, 2015. 06:04 PM | Likes Like |Link to Comment
  • Peabody Energy: The Crusade To Hold Back The Inevitable Continues As Market Conditions Worsen [View article]
    But it is still not enough to supply people with the inexpensive, reliable energy they need. Coal accounts for 40% of worldwide energy use, and wind and solar 3% at most. That's not going to change any time soon. Renewables belong in the political world or the world of research, not as a practical source of energy supply. Just look what happened in Germany, who now backs up their renewables with coal and gas. I thought biological was most reasonable in his response and Bexpo most rude.
    Apr 20, 2015. 05:53 PM | 1 Like Like |Link to Comment
  • BP axes drilling rig contract with Seadrill [View news story]
    My 1990 Toyota Corolla gets 34 mpg. Now if I can just keep it going one more year.
    Mar 30, 2015. 01:51 PM | 8 Likes Like |Link to Comment
  • Why I'm Buying Up Coal Stocks [View article]
    Sorry, I had to guess.
    Feb 19, 2015. 06:56 PM | Likes Like |Link to Comment
  • Why I'm Buying Up Coal Stocks [View article]
    You are thinking like a politician. I can tell from your many reference terms. Snow doesn't cause heart attacks-heart disease does. The term "deniers" is a political one, not a scientific one. Remember when you were in Med School a long time ago and you took a required course on "Evaluating Research Papers for Publication in Journals" and you found out that 80% of the papers published were worthless because the design of the double-blind study was flawed? Think like a scientist-you have the skills. Use them!
    coelacanth10, VMD
    Feb 19, 2015. 05:27 PM | Likes Like |Link to Comment
  • The New York Times Fails Biology 101 [View article]
    The best scientists in the world need their research budgets filled. I would not defer to them if I were you. Rather I would try to analyze their work and see if it makes sense.
    Feb 19, 2015. 05:13 PM | Likes Like |Link to Comment
  • The New York Times Fails Biology 101 [View article]
    Alex has a point I think, and so does satyr. When the United States Congress can vote that CO2 is a pollutant and Barack Obama can tell Americans that the science is settled, then I have absolutely no concerns about global warming, cooling or climate change for the next 1000 years. Long before any effects on the earth's temperature are noticed by humans, the potent forces of natural selection running against excesssive human population densities will select for a virus, bacterium, or spirochaete that will drastically cut us down to size. An intelligent person can see those effects already. I only hope that Americans insist that our leadership in Washington is placed squarely on the front lines to meet this challenge when it occurs, rather than hiding in a bunker somewhere so we can save them for further leadership duties!
    Lets face it. Climate science is in its extreme infancy and to date is a pathetic failure. The only evidence we have for global warming is a moderate increase in a trace element in the atmosphere. The models used to predict global warming have failed miserably. The greenhouse effect is unproven, because it requires a greenhouse, a closed system, not an open atmosphere which the earth spins in at a tilt. The measurements of temperature have been politicized and "adjusted" for desirability from point to point, and no one has decided the importance of troposphere measurements along a three dimensional line. So the data is corrupted, politicized and useless. Sheesh!
    Feb 19, 2015. 05:07 PM | 4 Likes Like |Link to Comment
  • Breitburn Energy Partners: One Cut Would Be Better Than Two Half-Cuts [View article]
    Mr. Zeits' s response to BBEP and LINE's 50% distribution cuts is a panic response, not a careful, cogent series of arguments, like his previous articles. MLP's acquire debt in the process of running their businesses. The only problem here is that oil prices have dropped dramatically over a short time, not that two MLPs are managing their companies poorly. Given their hedges, both BBEP and LINE have plenty of time to make their adjustments to the low price of oil. If oil is at $50 in three years, then the world will be in a serious recession, and we will all be in trouble. Much more likely is that oil will climb within 6-12 months, once the effect of slowing production by U.S. drillers kicks in. No one can live with $40-50 oil long term, and I am encouraged by the defensive moves by both companies.
    It seems to me that a few hundred oil futures traders are controlling the price of oil day-to-day, not the Saudis nor the U.S. shale drillers. That number, the daily price of oil doesn't mean much other than to foment panic in the markets. A wise investor would do well to ignore daily numbers and think in term of months or years.
    Jan 5, 2015. 04:34 PM | 11 Likes Like |Link to Comment
  • Linn Energy: When Will The Pain Stop? [View article]
    And if the shorts hold into 2015, then they delay taxes for another year,
    Dec 31, 2014. 09:19 AM | Likes Like |Link to Comment
  • Seadrill cut to Sell at Goldman [View news story]
    Peter Pike, is that you?
    Dec 28, 2014. 09:19 AM | Likes Like |Link to Comment
  • Here Is Why I Reluctantly Added To My Investment In Linn Energy [View article]
    I cannot agree with you. There's nothing wrong with this company and they are not lying to you.. This is panic selling due to a drop in the price of oil. That is all it is. That drop is temporary. No company would ever comment publicly on its share price dropping, and if there is a material change in their position, they will announce it. I plan to double my position before the end of the year.
    Dec 10, 2014. 05:29 PM | 12 Likes Like |Link to Comment
  • Linn Energy, LinnCo plunge amid falling oil, Stifel target price cut [View news story]
    The drop in share price has been so breathtaking in rapidity and degree that I think it likely that the turnaround will be equally as rapid. Linn has positioned themselves so that they can pump oil out of the same wells they are using now inexpensively for the next 15 years. 12 out of the 14 OPEC countries are already losing money with oil at this level. Something has to give pretty soon, and I'm betting it won't be Linn. Looking to buy more.
    Dec 10, 2014. 03:03 PM | 1 Like Like |Link to Comment
  • Offshore Drillers: Is History A Guide? [View article]
    Then again, Seadrill could recover to US$60... or more.
    Dec 3, 2014. 11:49 AM | 6 Likes Like |Link to Comment
  • Seadrill could cut its dividend Wednesday, Morgan Stanley says [View news story]
    As long as your frame of reference is 1 year or longer, then none of this means anything. I have 3 Roths to fill , and my nieces and nephews will start withdrawing in 2043. Do you think oil and gas prices will be higher then?
    Nov 25, 2014. 06:58 AM | 1 Like Like |Link to Comment