NOWHEREMAN

Wall Street Breakfast: Must-Know News

He will do what his advisors tell him to do, how many African Americans are among his advisors?

My guess is that his cabinet will be all white with the possible exception Of Colin Powell.

Personally I hope he stands up for himself and lives up to some promises. Otherwise, the Democratic business as usual will only last til the next election. Nov.,2010

Wall Street Breakfast: Must-Know News

I wonder if Barack will start using his full name now?

He has managed to convince the African American community that he is one of them. 20% African does not make him an African American, not even close.

If he follows his heritage, it will be his white heritage, 80%.

Get used to it, you've been had.

Good News for Ethanol as Corn Dips and Pipeline Test a Success

Devon Energy's CEO was on CNBC Friday night. Extraction costs at Haynesville are greater than the price of Nat. gas. They will produce 33% less in 2009 then previously forecast. He feels other producers have similar problems and with Credit Unavailable, expansion will have to curtailed overall to preserve what cash they have to pay for ongoing expenses.

Good News for Ethanol as Corn Dips and Pipeline Test a Success

As a person who runs a Blogging site, you are more qualified than most who post these articles. At the very least, you have access to those who are crying and whining about their misfortunes.

The drop in oil prices exacerbates Peak Oil. This is not a contrarian opinion, just, IMHO, a view of reality.

There were a number of Oil Projects which were feasible with oil above 100 which are not any longer. Deep sea fields which would have delayed Peak Oil are now on hold or postponed indefinitely. Credit Market woes mean even the deep pocket producers must use their own capital to proceed with the Ultra high investment cost projects which are no longer feasible. If their revenues are going down because of lower oil, why decrease their cash to start/keep projects which keep their revenues down?

Meanwhile, Venture and Institutional capital which was funding all of The Alt. Energy coming into vogue has vanished. Lehman was the primary mover in these markets, good luck in finding another Institutional investor of that size. First they are still in the process of selling assets to give money back to investors, second they will have to recapitalize through safer investments before handing out money without an immediate return.

So, with oil at these levels and oil production rates declining every year at a 4-5% rate Globally, whatever usage is reduced by a Global recession will be offset. But when demand increases, the projects which should have been in place, won't be. Demand will grow, but inventories will be low and new supplies will be harder to come by.

You get what you pay for. High cost projects are not paid for by low cost oil.

Is the Ethanol Mandate Likely to be Repealed?

My, my. Leave you alone for a day and all heck busts loose without me and My own off the Cuff Big Mouth.

What matters to me is "what will continue to happen to my corn-fed Cattle?" I mean I already have to pay 50% more for Rib Eye. I used to be able to get 10 ears of corn for a buck as little as 4 years ago, now if I'm lucky its only 5.

But that's just my rant, I love steak. The more marbled, the better.

Other than the price rise in food across the world, which coincidently began with Congress and the absurd thought that food should be a viable subsitute for lack of foresight, I have heard that Ethanol Fires are extremely hard to extinguish.

Could either of you distinguished erodites give me an answer regarding car crashes involving Ethanol fires.
Do all fire departments carry the chemicals necessary to extinguish them or is it a case of "Burn, baby burn". If the latter, then I would say the Infrastructure for Corn Ethanol has a long ways to go.

Ethanol Will Become a Fad Without Government Intervention

Corn ethanol plant constuction has been suspended.

Specialty chemicals are needed to put out ethanol fires.

BP has pulled its ads regarding growing our fuel.

BP had plans to sell ethanol at its gas stations...pulled out of that idea too...Construction of anti-corosive tanks to costly.

Corn ethanol will go the way of the dodo...they didn't fly either.