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  • Everything Has Changed: Oil, Saudi Arabia, And The End Of OPEC [View article]
    Make no mistake about it - OPEC is still in control when it comes to the price of oil. The key members decided that the price had to go down and it went down. When they decide that they have accomplished their goals and the price needs to go up, it will go up.
    As for global warming, most of the problems here are a result of burning coal. It is much easier to replace coal in power plant applications than it is to replace oil in most of its uses.
    Oil will be in high demand for a long time to come. JMO
    Jan 13, 2015. 08:33 AM | 35 Likes Like |Link to Comment
  • General Electric Just Inked Its Largest Wind Deal Ever With China [View article]
    GE may have sold 55 units of GE 2.75-120 brilliant wind turbines but 2 years after China gets its hands on the first one, I will bet that Chinese manufacturers will be making very similar looking machines by the hundreds. Its called doing Business with China! ;-)
    Jan 26, 2015. 03:35 PM | 28 Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    The only group that the government can tax and actually end up with more money collected is the middle class and so what they do is call it a tax on the wealthy when in fact most of the tax collected will come from the middle class. One big sham to fool the American people.
    Jan 20, 2015. 08:35 AM | 27 Likes Like |Link to Comment
  • Canada at crossroads as pipeline opponents keep up the pressure [View news story]
    Steyers must not think much of the average citizens ability to comprehend reality! Last I checked the pipeline's only purpose was to transport oil including some American produced oil to American refineries creating/ maintaining American jobs and last time I checked a large number of the companies producing oil in the Alberta oil sands were American companies. Looks to me like both countries benefit here. Also last time I checked, the pipelines to the Canadian west coast and East coast were moving forward as was the large growth in transport by rail which actually is way more accident prone and way worse for green house gasses as diesel belching locomotives are what are used to pull these trains. In other words, Key Stone or not, the oil gets produced and sold. Looks to me like Steyers and his lefty green story tellers do not think much with respect to the intelligence of their fellow citizens.
    Dec 2, 2013. 06:51 PM | 27 Likes Like |Link to Comment
  • GM's 200-Mile Electric Car For $30,000: RIP Tesla [View article]
    10 year warranty or stay away!!!!JMO
    Jan 11, 2015. 11:42 AM | 25 Likes Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    What large new discoveries??? Out side of shale and some ultra deep water finds that are very expensive to develop, I am not aware of any.
    Dec 17, 2014. 10:01 AM | 22 Likes Like |Link to Comment
  • What Happens When Solar Costs Go Below Fossil Fuels? [View article]
    What Happens When Solar Costs Go Below Fossil Fuels? Well we will then start a transitional evolution from fossil fuels to solar rather than the costly upheaval that the green clowns are now trying to ram down everyone's throat! :-)
    Nov 11, 2014. 03:46 PM | 22 Likes Like |Link to Comment
  • Hennessy Gas Utility fund, up 21% last year, highlights six energy favorites [View news story]
    Hopefully the insanity around Keystone ends when Obama's time in Office ends if not before. Remember that the Republicans have a majority in both houses so Keystone could be part of some legislation that Obama may not be willing to veto. Regardless - with both houses in Republican hands, Obama is more or less snookered. I also do not get all the press on this "legacy stuff". A legacy tends to be something that is long lasting and in his case most of what he got passed has been controversial to say the least and will be likely be negated by the next administration regardless of who gets in. Other than breaking the color barrier which is a big legacy in itself, he will not have much of one. To put it another way, the biggest legacy a president could leave behind is that he did an excellent job of serving the people. In Obama,s case he has failed miserably in this regard - with the exception of some rich minority greens that pander to him, he chooses to ignore or not have a clue as to what the people want.

    Mar 17, 2015. 12:30 PM | 20 Likes Like |Link to Comment
  • Keystone pipeline decision delayed again, likely until after November elections [View news story]
    Long on Ideology and short on common sense! That is what we have in this decision. A couple of months ago he said he would make a decision in a couple of months and now we get more punting. This should bode well for the republicans during the mid terms.
    Apr 19, 2014. 08:10 AM | 19 Likes Like |Link to Comment
  • Keystone approval could be "light bulb moment" for investing in Canada [View news story]
    Because all the reputable scientific studies that have looked at this have said that it is not at risk. The aquifer in the area that the pipeline is running in and most of aquifers in general are hundreds of feet underground while the pipeline is at most 10 feet underground. A leak means you get a blob of oil sitting on the ground and in the case of heavy oil, diluent s that tend to evaporate or can be collected. As such the far bigger risk is the impact a leak near surface water ways would have. And even here there are precautions that have been put in place to minimize this as much as possible. There are thousands and thousands of pipelines that cross America and most of them are far more of a risk than keystone due to age and old technology and they do cross many aquifers. You would be far better focusing on them and getting improvements to then than being led around by your nose by the ideologically driven and wasting your time on what will be the safest pipeline ever built to date. Hate to be blunt but sometimes you have to!!!
    Apr 4, 2014. 12:14 PM | 18 Likes Like |Link to Comment
  • More on Obama's NYT interview: Obama played down claims TransCanada's (TRP) Keystone XL pipeline would generate large numbers of jobs. "The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline...and then after that we're talking about somewhere between 50 and 100 jobs." Obama also disputed that the line would cause gasoline prices to fall, saying it could do the opposite because it would lead to increased exports. Obama will decide whether to approve Keystone based on how much carbon would be added to the atmosphere because of it, but he isn't certain Canada is doing enough to resolve concerns about pollution. (Interview transcript[View news story]
    Obama's opinion is definitely bent by the lefties and greens in his party. The number of jobs and many benefits of this pipeline have been reviewed many times and they are way higher than his numbers. His claim that it would increase gasoline prices is comical.
    Jul 28, 2013. 08:12 AM | 18 Likes Like |Link to Comment
  • Cheap Oil Prices Do Not Benefit The Economy [View article]
    for every person or company the drop in oil prices impacts negatively you have 100 plus people or companies impacted positively. It may be bumpy but the overall impact is IMO positive. Even when oil prices do come back, I suspect that the Saudis and their allies will work to keep them from rising above $80 per barrel. They have seen the writing on the wall with respect to the impact of shale production and alternatives to oil when the price of oil gets to high. They want to get as much as they can and for as long as they can for their oil and this means 100 plus oil is history for a long time to come (barring any major disruptions to supply). $60 - $80 oil should in the long run provide the balance that they are looking for. JMO
    Jan 19, 2015. 10:29 AM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: BHP Billiton To Export Condensate Without Permit [View article]
    No - he is a bad president - to blinded by the lefties and greens that have his ear and not capable of making a deal to get things done - In other words - zero for leadership. When he first got in, I though he had the potential for being a great president, that was quickly proven wrong.
    Nov 5, 2014. 08:19 AM | 15 Likes Like |Link to Comment
  • Keystone pipeline won't add to climate change, State Department says [View news story]
    if you did 1000 more studies and they all came to the same conclusions, the green clowns would still not accept the answers! They are driven strictly by ideology and common sense means nothing to them. It is time for Obama to realize this and approve the pipeline!
    Jan 31, 2014. 06:02 PM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: GoPro IPO, Valeant Confidence, Condensate Exports [View article]
    The problem with the climate change bunch are that they are fear mongers and have no credibility. The Bloomberg, Paulsen report is an excellent example of this - total bias from a totally biased source. Further more - they and their kind who for reasons only they know want to totally destroy industries and lower living standards are not needed as everyone is well aware that environmental issues are important and that sustainable development is the way forward. Time and technology will move us away from oil and coal and all these clowns do is have the opposite effect as they P people off with their narrow, blinded, fear mongering, junk science based ideology.
    Jun 25, 2014. 09:10 AM | 14 Likes Like |Link to Comment