mixter's Comments mixter's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/65261/comments $634B Spending Bill Now In Congress Provides Loans for Automakers http://seekingalpha.com/article/97619-634b-spending-bill-now-in-congress-provides-loans-for-automakers?source=feed#comment-267920 267920
The unions and stupid management destroyed the US steel industry too!]]>
Sun, 28 Sep 2008 19:59:17 -0400
The unions and stupid management destroyed the US steel industry too!]]>
Is Someone Playing With Oil? http://seekingalpha.com/article/96998-is-someone-playing-with-oil?source=feed#comment-263402 263402 Wed, 24 Sep 2008 09:30:25 -0400 Procter & Gamble Plans to Sell Folgers to Smuckers: Win-Win? http://seekingalpha.com/article/96922-procter-gamble-plans-to-sell-folgers-to-smuckers-win-win?source=feed#comment-263051 263051
KISS!]]>
Tue, 23 Sep 2008 21:38:42 -0400
KISS!]]>
Ike vs. Refining Capacity and Oil Price http://seekingalpha.com/article/95412-ike-vs-refining-capacity-and-oil-price?source=feed#comment-255062 255062
For all of you "Big Oil" haters. How come the price of oil has declined over 30% if they have control over the oil prices? The top ten private enterprise oil producing companies only control less that ten percent of the world's oil producing reserves. If they have the ability to still control oil prices with that little leverage, I would like to know their secret.]]>
Mon, 15 Sep 2008 13:21:02 -0400
For all of you "Big Oil" haters. How come the price of oil has declined over 30% if they have control over the oil prices? The top ten private enterprise oil producing companies only control less that ten percent of the world's oil producing reserves. If they have the ability to still control oil prices with that little leverage, I would like to know their secret.]]>
T. Boone Pickens' Stocks Struggle http://seekingalpha.com/article/95062-t-boone-pickens-stocks-struggle?source=feed#comment-254989 254989
I am sure he is a "good old boy" (especially if you are and Okla. State University supporter). However, the bottom line is that he can, and does, make mistakes just like the rest of us. Where he is different is, he just likes to take bigger risks.

I also recall feeling sorry for some people who lost their jobs due to his corporate raiding ventures in the 70's.]]>
Mon, 15 Sep 2008 12:11:32 -0400
I am sure he is a "good old boy" (especially if you are and Okla. State University supporter). However, the bottom line is that he can, and does, make mistakes just like the rest of us. Where he is different is, he just likes to take bigger risks.

I also recall feeling sorry for some people who lost their jobs due to his corporate raiding ventures in the 70's.]]>
Current Market Turmoil: You Can’t Explain 'Stupid' http://seekingalpha.com/article/95320-current-market-turmoil-you-cant-explain-stupid?source=feed#comment-254028 254028
The environmentalists have taken over the "Dim-wit-o-crat" party. This has led to reduced oil supply and refining capacity. New refineries built in our heart land would help eliminate shut downs caused by hurricanes. More drilling would result in more oil being produced and lower prices.

Our government encouraged lending institutions to wave sensible credit qualifications so as to promote home "ownership" for minorities and low wage earners. Greedy lenders, and uninformed (nice term for stupid) borrowers were the catalyst for disaster. Now, responsible people are getting stuck for bailing out the people that caused the mess.

So much for socialism and social programs!

Pseudo-science and Al Gore's false information are promoting the hoax of man made global warming. Consequently, the stupid notion of carbon caps will cause the Western industrialized nations to regress back to the dark ages if this is not nipped in the bud.

Geology teaches us that there have been numerous periods of warming and cooling going on long before man inhabited our planet. British scientists have provided convincing evidence that the sun's solar flares (sun spots) cause global warming when they are more active, and cooling when they are less active. Carbon dioxide is released from the ocean as it gets warmer, as a result of the sun's activity, and is not responsible for for the warming. Instead, it is the result of higher temperatures.

In addition, water vapor is the main "green house" gas. How would we eliminate it and who would want to? Living matter needs water to grow and survive.

I, for one, and one of many, do not want to revert to a life style that cave men were accustom to living, because a bunch of wild eyed liberal idiots are screaming nonsense about man made global warming!

It is past time for the voters to wake up and utilize some common sense!]]>
Sun, 14 Sep 2008 11:34:46 -0400
The environmentalists have taken over the "Dim-wit-o-crat" party. This has led to reduced oil supply and refining capacity. New refineries built in our heart land would help eliminate shut downs caused by hurricanes. More drilling would result in more oil being produced and lower prices.

Our government encouraged lending institutions to wave sensible credit qualifications so as to promote home "ownership" for minorities and low wage earners. Greedy lenders, and uninformed (nice term for stupid) borrowers were the catalyst for disaster. Now, responsible people are getting stuck for bailing out the people that caused the mess.

So much for socialism and social programs!

Pseudo-science and Al Gore's false information are promoting the hoax of man made global warming. Consequently, the stupid notion of carbon caps will cause the Western industrialized nations to regress back to the dark ages if this is not nipped in the bud.

Geology teaches us that there have been numerous periods of warming and cooling going on long before man inhabited our planet. British scientists have provided convincing evidence that the sun's solar flares (sun spots) cause global warming when they are more active, and cooling when they are less active. Carbon dioxide is released from the ocean as it gets warmer, as a result of the sun's activity, and is not responsible for for the warming. Instead, it is the result of higher temperatures.

In addition, water vapor is the main "green house" gas. How would we eliminate it and who would want to? Living matter needs water to grow and survive.

I, for one, and one of many, do not want to revert to a life style that cave men were accustom to living, because a bunch of wild eyed liberal idiots are screaming nonsense about man made global warming!

It is past time for the voters to wake up and utilize some common sense!]]>
OPEC: The Saudis Have Left the Building http://seekingalpha.com/article/95110-opec-the-saudis-have-left-the-building?source=feed#comment-252600 252600 Fri, 12 Sep 2008 10:31:12 -0400 Petrobras: Brazilian Oil Takes One Step Closer to Nationalization http://seekingalpha.com/article/94957-petrobras-brazilian-oil-takes-one-step-closer-to-nationalization?source=feed#comment-251639 251639
Socialism and nationalization does not work in the long run. Too bad liberals can't seem to recognize this!

Are you listening, Obama?]]>
Thu, 11 Sep 2008 11:25:43 -0400
Socialism and nationalization does not work in the long run. Too bad liberals can't seem to recognize this!

Are you listening, Obama?]]>
Obama, McCain and Offshore Drilling http://seekingalpha.com/article/94788-obama-mccain-and-offshore-drilling?source=feed#comment-250798 250798 Tim Miles should move to Russia or China since he seems to be enamored with communism a.k.a. socialism. I feel sure he is a Dim-wit-O-crat!

If half of you guys had a clue as to what it takes to explore, lease, drill, and pipeline or transprot crude and gas to a refinery or gas processing plant, process it, and then bring it to the end consumer, you might be qualified to expound your positions. Instead, you sound like a bunch of inmates in an asylum!

If big oil is such a rip off, why don't you make yourselves rich by buying oil company stock. Better yet, just come up with several million dollars to risk drilling a hole in the ground and hope you hit oil or gas. Of course if you don't, you will be out the expense of plugging the well. And then, the worst case scenario is getting a good enough show of oil or gas to entice you to spend money trying to stimulate the well (fracturing can run into hundreds of thousands of dollars), and then having to realize it is not a commercial well.

It is not cheap to complete an oil or gas well either. Well head equipment, water and gas separators, heater treaters, tank batteries, and treating chemicals do not come cheap.

There are more broke oil men than there are millionaires!

The oil traders or speculators are the ones who cause oil prices to go higher. However, for every one that makes money, another one is on the losing end.

Corn was exempted from speculators by law (Gerald Ford was duped into introducing this legislation). Corn prices have fluctuated wildly every since. Even the corn growers who wanted the bill passed now admit it was a bad mistake, and would like the law repealed.

A free market system benefits us all. Idiots in government screw up every thing they touch!]]>
Wed, 10 Sep 2008 15:11:47 -0400 Tim Miles should move to Russia or China since he seems to be enamored with communism a.k.a. socialism. I feel sure he is a Dim-wit-O-crat!

If half of you guys had a clue as to what it takes to explore, lease, drill, and pipeline or transprot crude and gas to a refinery or gas processing plant, process it, and then bring it to the end consumer, you might be qualified to expound your positions. Instead, you sound like a bunch of inmates in an asylum!

If big oil is such a rip off, why don't you make yourselves rich by buying oil company stock. Better yet, just come up with several million dollars to risk drilling a hole in the ground and hope you hit oil or gas. Of course if you don't, you will be out the expense of plugging the well. And then, the worst case scenario is getting a good enough show of oil or gas to entice you to spend money trying to stimulate the well (fracturing can run into hundreds of thousands of dollars), and then having to realize it is not a commercial well.

It is not cheap to complete an oil or gas well either. Well head equipment, water and gas separators, heater treaters, tank batteries, and treating chemicals do not come cheap.

There are more broke oil men than there are millionaires!

The oil traders or speculators are the ones who cause oil prices to go higher. However, for every one that makes money, another one is on the losing end.

Corn was exempted from speculators by law (Gerald Ford was duped into introducing this legislation). Corn prices have fluctuated wildly every since. Even the corn growers who wanted the bill passed now admit it was a bad mistake, and would like the law repealed.

A free market system benefits us all. Idiots in government screw up every thing they touch!]]>
Why the Panic over Fannie and Freddie? http://seekingalpha.com/article/94283-why-the-panic-over-fannie-and-freddie?source=feed#comment-248345 248345 Mon, 08 Sep 2008 11:17:49 -0400 Chesapeake Energy Called the Market's Bluff http://seekingalpha.com/article/93463-chesapeake-energy-called-the-market-s-bluff?source=feed#comment-247911 247911 Sun, 07 Sep 2008 22:41:45 -0400 Oil, Stock, and Housing Declines http://seekingalpha.com/article/94237-oil-stock-and-housing-declines?source=feed#comment-247609 247609 Sun, 07 Sep 2008 14:05:20 -0400 Obama's Windfall Profits Proposal Is Dangerous http://seekingalpha.com/article/94088-obama-s-windfall-profits-proposal-is-dangerous?source=feed#comment-246238 246238
The liberals are just plain stupid!!!]]>
Fri, 05 Sep 2008 11:11:56 -0400
The liberals are just plain stupid!!!]]>
Will Drilling Offshore Affect World Oil Prices? http://seekingalpha.com/article/91284-will-drilling-offshore-affect-world-oil-prices?source=feed#comment-235125 235125 Saudi prison?

Affect, effect, who gives a crap!

adamnb. Every oil company I know of, and I've only been in the oil business 47 years, strives to produce every drop of oil it can.

Computers do not find oil or make accruate reserve estimates any more than they can foretell about so called global warming. Only the driller's bit finds oil. If drilling won't increase our oil supply, just how in the hell did we get our current oil supply?

All of you so called experts who are not in the oil business don't know any more than Nancy Pelosi, which is absolutely nothing. Why don't you do something constructive, like operate on Ted Kennedy's brain tumor!
]]>
Wed, 20 Aug 2008 17:25:19 -0400 Saudi prison?

Affect, effect, who gives a crap!

adamnb. Every oil company I know of, and I've only been in the oil business 47 years, strives to produce every drop of oil it can.

Computers do not find oil or make accruate reserve estimates any more than they can foretell about so called global warming. Only the driller's bit finds oil. If drilling won't increase our oil supply, just how in the hell did we get our current oil supply?

All of you so called experts who are not in the oil business don't know any more than Nancy Pelosi, which is absolutely nothing. Why don't you do something constructive, like operate on Ted Kennedy's brain tumor!
]]>
Forget $100 a Barrel - Oil Will Plummet to $30 http://seekingalpha.com/article/91100-forget-100-a-barrel-oil-will-plummet-to-30?source=feed#comment-231874 231874
He has convinced me that I want nothing to so with Lone Peak Acceptance Management.

I am surprised that no one has questioned why he is "pimping" Freedom Oil and Gas? Could it be that he, and/or, LPAM has a position in this stock?

I see nothing in his background that would indicate he knows anything consequential about energy, especially oil and gas.

Years ago, Boone Pickens was touting natural gas. He acquired a lot of gas properties via Messa LP, which offered a fairly new concept for investors avoiding taxes at the time. I bought some shares at $15 per share on the advise of a gentleman who was privy to Rice University's endowment fund activities. Anyway, he was way ahead of his time, and the stock went through a reverse stock split (one share for every original eight shares), and I ended up getting $34 for each 100 shares I purchased. All the while, Boone was drawing a large salary and receiving a big bonus every year, while enjoying all of the perks CEO's often have. I've been tempted to call him T. Boone "Pickpocket" every since.

One aspect of electrical generation, you can not effectively store excess electrical generation via nuclear plants or wind turbines. It has been suggested that excess electrical generation be utilized to generate hydrogen. (School science classes had classic experiments where by hydrogen and oxygen were generated at the negative and positive poles of electrodes submersed in the water when electrical voltage was passed through water in a beaker). Hydrogen is hard to contain, so means to store it and/or transport it need to be improved. In addition, it is a very hazardous substance. Just ask those who remember the Hindenburg. Perhaps it could be stored on site, and used to generate additional electricity during peak demand hours.

An engineering friend of mine has also pointed out that the lighter the fuel, the lower the BTU output generally is. Therefore, hydrogen will not provide as much energy as natural gas at a given volume.]]>
Sat, 16 Aug 2008 11:36:02 -0400
He has convinced me that I want nothing to so with Lone Peak Acceptance Management.

I am surprised that no one has questioned why he is "pimping" Freedom Oil and Gas? Could it be that he, and/or, LPAM has a position in this stock?

I see nothing in his background that would indicate he knows anything consequential about energy, especially oil and gas.

Years ago, Boone Pickens was touting natural gas. He acquired a lot of gas properties via Messa LP, which offered a fairly new concept for investors avoiding taxes at the time. I bought some shares at $15 per share on the advise of a gentleman who was privy to Rice University's endowment fund activities. Anyway, he was way ahead of his time, and the stock went through a reverse stock split (one share for every original eight shares), and I ended up getting $34 for each 100 shares I purchased. All the while, Boone was drawing a large salary and receiving a big bonus every year, while enjoying all of the perks CEO's often have. I've been tempted to call him T. Boone "Pickpocket" every since.

One aspect of electrical generation, you can not effectively store excess electrical generation via nuclear plants or wind turbines. It has been suggested that excess electrical generation be utilized to generate hydrogen. (School science classes had classic experiments where by hydrogen and oxygen were generated at the negative and positive poles of electrodes submersed in the water when electrical voltage was passed through water in a beaker). Hydrogen is hard to contain, so means to store it and/or transport it need to be improved. In addition, it is a very hazardous substance. Just ask those who remember the Hindenburg. Perhaps it could be stored on site, and used to generate additional electricity during peak demand hours.

An engineering friend of mine has also pointed out that the lighter the fuel, the lower the BTU output generally is. Therefore, hydrogen will not provide as much energy as natural gas at a given volume.]]>
Changes in P/E Ratios During the Current Bear Market http://seekingalpha.com/article/90996-changes-in-p-e-ratios-during-the-current-bear-market?source=feed#comment-231839 231839
When asked by a reporter why he would increase capital gains taxes, Obama replied that the government needed the additional revenue. When the reporter retorted that was he aware that Bush's tax cuts resulted in more tax dollars pouring into the government, he was totally caught off guard, and replied "well if that is so, it is still only fair"! Welcome to his idea of government, Comrade! ]]>
Sat, 16 Aug 2008 10:49:13 -0400
When asked by a reporter why he would increase capital gains taxes, Obama replied that the government needed the additional revenue. When the reporter retorted that was he aware that Bush's tax cuts resulted in more tax dollars pouring into the government, he was totally caught off guard, and replied "well if that is so, it is still only fair"! Welcome to his idea of government, Comrade! ]]>
Obama's Tax Plan - And Basic Honesty http://seekingalpha.com/article/90868-obama-s-tax-plan-and-basic-honesty?source=feed#comment-230700 230700
He will be worse than Jimmy Carter could ever have been.

Yuck!]]>
Thu, 14 Aug 2008 19:13:29 -0400
He will be worse than Jimmy Carter could ever have been.

Yuck!]]>
Oil: Does Supply and Demand Still Apply? http://seekingalpha.com/article/90369-oil-does-supply-and-demand-still-apply?source=feed#comment-228628 228628 Tue, 12 Aug 2008 11:05:29 -0400 Outlook for Natural Gas Companies http://seekingalpha.com/article/90463-outlook-for-natural-gas-companies?source=feed#comment-228623 228623 Tue, 12 Aug 2008 11:00:32 -0400 Chicken and Egg: A Currency Called the Oil/Dollar? http://seekingalpha.com/article/90159-chicken-and-egg-a-currency-called-the-oil-dollar?source=feed#comment-227106 227106
Go to Russia or China with your buddy Obama!!]]>
Sun, 10 Aug 2008 10:33:47 -0400
Go to Russia or China with your buddy Obama!!]]>
Houston to Obama: Smell the Oil http://seekingalpha.com/article/89721-houston-to-obama-smell-the-oil?source=feed#comment-225059 225059 Thu, 07 Aug 2008 10:54:15 -0400 Stop Loss: A Minefield for Most Forex Traders http://seekingalpha.com/article/89115-stop-loss-a-minefield-for-most-forex-traders?source=feed#comment-223141 223141 Tue, 05 Aug 2008 10:49:48 -0400 Implementing Pickens' Plan for Public Energy Policy http://seekingalpha.com/article/85220-implementing-pickens-plan-for-public-energy-policy?source=feed#comment-222400 222400 Mon, 04 Aug 2008 12:41:28 -0400 Implementing Pickens' Plan for Public Energy Policy http://seekingalpha.com/article/85220-implementing-pickens-plan-for-public-energy-policy?source=feed#comment-222393 222393 Mon, 04 Aug 2008 12:36:56 -0400 Implementing Pickens' Plan for Public Energy Policy http://seekingalpha.com/article/85220-implementing-pickens-plan-for-public-energy-policy?source=feed#comment-222383 222383
Also, in the early 1970's, I bought Mesa LP Preferred stock, which was a T. Boon Pickens company. For every 100 shares I purchased at $15 per share, I ended up with 8 shares worth $8 apiece, due to a reverse stock split. All the while, T. Boone was making a big salary, nice bonus money, and riding around in a corporate jet. Ever since, I have called him T. Boone "Pickpocket"!

Watch out for his promotions! By the way, he is wrong, we can drill our way out of energy problems. For you doubters, just how did we get dependent of oil if we didn't drill to produce it in the first place?

Pull your heads out!]]>
Mon, 04 Aug 2008 12:30:32 -0400
Also, in the early 1970's, I bought Mesa LP Preferred stock, which was a T. Boon Pickens company. For every 100 shares I purchased at $15 per share, I ended up with 8 shares worth $8 apiece, due to a reverse stock split. All the while, T. Boone was making a big salary, nice bonus money, and riding around in a corporate jet. Ever since, I have called him T. Boone "Pickpocket"!

Watch out for his promotions! By the way, he is wrong, we can drill our way out of energy problems. For you doubters, just how did we get dependent of oil if we didn't drill to produce it in the first place?

Pull your heads out!]]>
P/E Ratios and Inflation http://seekingalpha.com/article/88695-p-e-ratios-and-inflation?source=feed#comment-221562 221562
]]>
Sun, 03 Aug 2008 12:37:45 -0400
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Do You Have the Guts to Buy? http://seekingalpha.com/article/87665-do-you-have-the-guts-to-buy?source=feed#comment-218267 218267
Perhaps gold is the answer but you can't eat it, it doesn't keep you warm at night, and you can't make love to it! What's a poor guy to do?]]>
Wed, 30 Jul 2008 09:57:39 -0400
Perhaps gold is the answer but you can't eat it, it doesn't keep you warm at night, and you can't make love to it! What's a poor guy to do?]]>
The Best of the Deal - Cramer's Stop Trading (7/29/08) http://seekingalpha.com/article/87786-the-best-of-the-deal-cramer-s-stop-trading-7-29-08?source=feed#comment-218260 218260 Wed, 30 Jul 2008 09:50:05 -0400 The Oil Price Slide - Think Long-Term http://seekingalpha.com/article/87529-the-oil-price-slide-think-long-term?source=feed#comment-217315 217315
The fools in Congress want to penalize the US oil industry, not realizing that our top ten oil companies only control less that 5% of the world's producing reserves. Exxon, their favorite "Big Oil" whipping boy, is the 14th largest oil company in the world. How in the hell do they manage to "control" the market?

Alternative energy is not suited for transportation energy sources. I doubt there will be rush by everyone to buy horses for transportation, and there are not enough rickshaw drivers to go around!

Oil is not an infinite source and demand will steadily increase with the emergence of third world nations. And then, there are geopolitical considerations. Wars and nationalization will cause drastic price increases.

With regard to oil speculators, for every dollar made by some one, some one else is losing a dollar. Gerald Ford got conned into promoting a bill that prohibited speculation on the onion market (of all things). It passed with the urging or onion farmers. Price swings as much as 400% have occurred, and now the onion farmers want the law repealed so as to stabilize the market place.

So much for our "all knowing" morons in Congress!]]>
Tue, 29 Jul 2008 09:58:29 -0400
The fools in Congress want to penalize the US oil industry, not realizing that our top ten oil companies only control less that 5% of the world's producing reserves. Exxon, their favorite "Big Oil" whipping boy, is the 14th largest oil company in the world. How in the hell do they manage to "control" the market?

Alternative energy is not suited for transportation energy sources. I doubt there will be rush by everyone to buy horses for transportation, and there are not enough rickshaw drivers to go around!

Oil is not an infinite source and demand will steadily increase with the emergence of third world nations. And then, there are geopolitical considerations. Wars and nationalization will cause drastic price increases.

With regard to oil speculators, for every dollar made by some one, some one else is losing a dollar. Gerald Ford got conned into promoting a bill that prohibited speculation on the onion market (of all things). It passed with the urging or onion farmers. Price swings as much as 400% have occurred, and now the onion farmers want the law repealed so as to stabilize the market place.

So much for our "all knowing" morons in Congress!]]>
The Housing Bill: Uncle Sam Is Moving Into the Spare Bedroom http://seekingalpha.com/article/87356-the-housing-bill-uncle-sam-is-moving-into-the-spare-bedroom?source=feed#comment-216605 216605 Screw the damn fool government. They have been screwing responsible tax payers for years! The ACLU filing law suits accusing lenders of "red lining" certain areas of cities, with regard to lending practices, resulted in severely relaxing loan requirements, such as the mere detail of being able to afford to make payments. Why doesn't the friggin government just buy everyone a house, and furnish it with flat screen TV's, etc. and get it over with. Screw the people who saved all of their lives to pay cash for a house or make a sizable down payment. They are just fools trying to be self reliant.]]> Mon, 28 Jul 2008 12:44:46 -0400 Screw the damn fool government. They have been screwing responsible tax payers for years! The ACLU filing law suits accusing lenders of "red lining" certain areas of cities, with regard to lending practices, resulted in severely relaxing loan requirements, such as the mere detail of being able to afford to make payments. Why doesn't the friggin government just buy everyone a house, and furnish it with flat screen TV's, etc. and get it over with. Screw the people who saved all of their lives to pay cash for a house or make a sizable down payment. They are just fools trying to be self reliant.]]>