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marpy

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  • Keystone delay seen giving time for climate concessions [View news story]
    The American electorate is quickly seeing past these environmental nut bars and the damage they are causing the economy and the American people. The next election will tell.
    Sep 3 07:33 PM | 2 Likes Like |Link to Comment
  • Environmentalists say Keystone XL fails Obama's test [View news story]
    A televised debate??? It would amount to a grand standing farce with all the junk science being presented and no one holding anyone accountable for it.
    Aug 30 09:28 AM | Likes Like |Link to Comment
  • Environmentalists say Keystone XL fails Obama's test [View news story]
    Does anybody really think that any study coming from a source as biased as the Sierra Club should be taken seriously????? What a joke????? Sad thing is that Obama will probably do so!!!!
    Aug 29 08:17 PM | 2 Likes Like |Link to Comment
  • Reuters: Chesapeake pumping up royalty deductions to cut costs [View news story]
    The CHK way - short term gain for long term pain. It is only a matter of time before the legislature acts and CHk's hands are tied. If they had been reasonable they could have passed some costs along without making to many waves and most landowners would have accepted this and not complained.
    Aug 29 09:51 AM | Likes Like |Link to Comment
  • Oil nears two and a half year high [View news story]

    Perhaps Obama needs to face the realities of this planet and America's need for oil rather than being heavily influenced by a bunch of green tards living in la-la land. America's oil supplies are not nearly as secure as he and his administration may think as it looks like the Saudi's and Russia may be looking at making a major deal. see article below:

    http://bit.ly/17jAjfZ
    Aug 27 10:53 AM | 1 Like Like |Link to Comment
  • Canada risks missed opportunities on resource projects, Oliver warns [View news story]
    Perhaps Obama needs to face the realities of this planet and America's need for oil rather than being heavily influenced by a bunch of green tards living in la-la land. America's oil supplies are not nearly as secure as he and his administration may think as it looks like the Saudi's and Russia may be looking at making a major deal. see article below:

    http://bit.ly/17jAjfZ
    Aug 27 10:51 AM | Likes Like |Link to Comment
  • Canadian pollster: U.S., Canada need pact on energy, environment [View news story]
    Obama's term will come to an end and then maybe we can move forward on energy. Turning down Keystone and hoping it creates a crisis that leads to an energy pact will never work. It will just make the priority to get a pipeline to the East and West coast that much higher for Canada. Once Canada can get its oil to the coast, then the American market becomes far less important and the biggest losers will be the American people and the American refineries.
    Aug 26 02:51 PM | 1 Like Like |Link to Comment
  • TransCanada says Keystone pipeline's southern leg 90%-plus complete [View news story]
    Rail cars are way more dangerous than pipe lines as was proved by the disaster in Quebec. Pipe lines are also far more economic and do not run through major population centers like rail does which is why the oil producers prefer pipelines. I would expect that the northern leg will eventually get built. Worse case - Obama turns it down and the next republican administration passes it soon after getting elected. JMO
    Aug 21 12:35 PM | Likes Like |Link to Comment
  • Natural Gas And Dry Gas Producers Are Years From A Recovery [View article]
    Renewable s are a bit of a joke. The numbers from Ontario (the biggest Canadian province that took a big jump into renewable s and as a result went from having among the lowest rates in North America to the highest) indicate that for every7 megawatts of renewable s you need something like 6 megawatts of available back up quit simply because the sun does not always shine and the wind does not always blow when you need it to. A bigger problem with renewable s is their relative high cost of production and the even higher cost of energy storage.
    Aug 20 09:43 AM | 4 Likes Like |Link to Comment
  • Encana: A Potential Low-Risk Double With A 4.7% Yield [View article]
    ECA's deals are quit different - they leave control of the play with ECA, have the partner put up the majority of the development funds while profits are split based on ownership (49% for the partner and 51% for ECA). IMO when partners are willing to put up most of the costs in this gas market, it tells you that the assets are very high quality and that the expectation is for higher gas prices down the road.
    As they say - always follow the money trail.
    Aug 18 09:54 AM | 1 Like Like |Link to Comment
  • Interior Department: Building Keystone pipeline could damage U.S. parks [View news story]
    What a Pile of Manure!!!

    " the project’s builder, isn’t adequately dealing with risks to "cultural soundscapes" and "high quality night skies,"

    Most of the pipeline will be underground and the only thing that gets a few light bulbs and would make some minimal noise would be the pumping stations so in reality we are talking about minimal impact if any.

    If this is all they have to complain about, then they really have nothing to complain about.
    Aug 16 06:08 PM | 7 Likes Like |Link to Comment
  • The American Dream Of Renting [View article]
    As for price increases to the average homeowner that is mortgaged to the hilt - its a losing proposition unless you plan on selling and moving into a rental so you can pocket the gains. Quite simply if you are selling to buy a more upscale house than you are in, the price of what you are buying will also have gone up substantially so gains you make amount to what I call "fools paradise gains" .
    Do you really want to buy a house? - the way to successfully do it is to save your money till you have a very sizable down payment, do not chase the market and buy something where you can very comfortably pay all the bills leaving you with a nice cushion at the end of the month.
    Also remember - renting can a lot of the time be a very smart thing! ;-) JMHO
    Aug 14 02:38 PM | Likes Like |Link to Comment
  • The American Dream Of Renting [View article]
    Yikes!!!!!!

    "President Obama began advocating back in April that banks like Citigroup (C), JP Morgan Chase (JPM), and Wells Fargo (WFC) once again depend on government guarantees to loosen lending standards for sub prime borrowers."

    If I read this right he is advocating a move back towards the practices that caused the disaster in the first place!

    Has he not figured out that "sub prime borrower" in many cases means - should not be in the market!!!

    If he really wants to improve the lot for these people then he should focus on improving the quality of jobs available rather than lowering the bar so they can again be set up for failure.

    There is nothing wrong with renting as it has many pluses- The renter is not responsible for repairs to what may break down or wear out, has fixed housing costs every month (no surprises), generally has a higher disposable income to spend every month, does not have a major portion of his income or net worth tied to an asset that may be difficult to sell or may go down in value and can move much quicker with a lot less headaches than a home owner can.

    May be a lot of Americans caught on to the pluses of renting and that is what is driving the change. ;-)
    Aug 14 02:27 PM | 6 Likes Like |Link to Comment
  • Natural Gas: A 10 Year Bull Market In The Making? [View article]
    When you look at Natural gas, supplies may be tighter than what most people think. A couple of points to consider:

    1) We have had a fairly cool summer which generally drives up supplies in storage beyond normal. This has not yet been the case with increases in storage being in the average range.
    2) Riggs drilling for natural gas are way down. It is far more profitable to drill for oil and so even at $5.00 gas it is hard to justify switching back to drill for gas from oil.
    3) Those producing gas also are well aware that any increase in drilling activity would quickly tank prices. As i do not think the producers will be to keen to repeat past mistakes and shoot themselves in the foot, I do not see a mad rush back into gas just because the price is up. The producers can make far more money by selling existing production at the higher price while continuing to focus on oil and liquids.
    Aug 14 11:03 AM | 4 Likes Like |Link to Comment
  • In latest twist, ThyssenKrupp reportedly may keep Brazil mill [View news story]
    The Alabama mill was built on the premise of importing cheep slab from Brazil (although no longer true, Brazil was not to long ago the source of among the cheapest slab in the world). They also had a lot of technical/ commissioning and cost over run problems when building this mill. The bottom line is that at the right price and assuming that most of the technical problems are or can be fixed (technical problems generally can be fixed), A purchaser would have a very modern steel making facility in North America where most of the competition is running old junk. If you coupled this with a cheap source of slab or a good North American primary division (Coke and Iron) - you would have a force to be reckoned with in North American steel. This though would require some deep pockets up front coupled with good operating ability. JMO
    Aug 13 09:33 AM | Likes Like |Link to Comment
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