alpha24seven

Forget $100 a Barrel - Oil Will Plummet to $30

Bada Boom.... another drubbing again today. Supposedly this is impossible due to China + India + Peak Oil + Bush + Cheney + Iraq + (insert conspiracy du jour here)

Lol...

Forget $100 a Barrel - Oil Will Plummet to $30

"Also, transporter system developers were recently dealt a blow when it was discovered that existing matter-to-energy-to-ma... conversion processes are unable to address changes in angular momentum that result when source-destination deltas from the mean gravitational core are as little as a few angstroms apart, resulting in the transported object or person being hurled into outer space."

Or you come out the other end with your pants on your head. This is now a necessity. I never trusted that damned thing anyways...

Forget $100 a Barrel - Oil Will Plummet to $30

Down again today... I guess all the foamy mouthed experts have some more splaining to do...

Weren't you all saying something like this?

"Idiots have no idea how anything works at anytime under any circumstance! Don't you know we have PEAK OIL and CHINA & INDIA which now have 50 trillion middle class people that all want SUVs and swimming pools! Face it, America is over and China (or maybe Bangladesh -- newbie Du Jour) will soon be kicking out your local Starbucks so they can put in a new steaming dog restaurant!"

What a bunch of suckers. I'm glad you exist. I need a new Ferrari. (Rosso Corsa 599 GTB with alternating red over black stitching thank you very much) Notice I said new...

Forget $100 a Barrel - Oil Will Plummet to $30

The other thing that strikes me odd when I read this in entirety (article + comments). A strong percentage +/- 90% don't know how oil is priced, what the mechanism is and what the vagaries that float the price are. It's obvious by all the heavy breathing and shocking statements. The posters are shocked. I'm not saying I am...

There is a very REAL possibility we will see $50 (not sure about $30) and we may never go above $150 before mankind departs from the oil paradigm. War is the outlier that nobody can predict.

Forget $100 a Barrel - Oil Will Plummet to $30

What's really funny here is how all the "experts" screaming in here (long the CL no doubt) were saying just a couple of months ago that "we're going to $200 on a rocket!" You all said "Haven't you heard about peak oil and how everybody in India and China wants TWO SUVS! Oil will NEVER go below 146 in my lifetime. It's simply supply and demand you idiots"

Lol...

Right, and we got a war in Georgia threatening an important pipeline and et Voila -- DOWN another $3 at a three month low.

Laughing out loud... no really... LOL...

The Electric Car Battery Battle

@ Nobjectivity and John TC

So now that you've vetted the entire "air power" scientific debate to your liking. Can we focus on what is important? How about actually doing something.

As I mentioned, the engineers that created this technology come from the Renault Formula One Team. The investors ($30mm at this point) are from TATA Motors with 23,000 employees and the recent acquirer of Jaguar/Land Rover are going to make this happen while people like nobjectivity engage in asinine arguments whether or not it is an air powered car! I'm guessing that a particular CV would be relevant to make sure the principals above don't make some dumb mistake and actually attempt doing this. I'm guessing a letter writing campaign and guest appearance as a consulting engineer is probably in order here...

It goes like this.

I say it's an air powered car. The companies and engineers say it is an air powered car. The buying public say they want to buy an air powered car. The manufacturers decide to sell 1mm air powered cars to the buying public.

Meanwhile...back at the ranch, the Monday morning armchair genius society is still arguing with everyone that it isn't an air powered car!

Who cares! This is and was my point EXACTLY. This type of message board behavior is ALWAYS telling of people that never make money. There will never be a perfect mathematical or statistical explanation for things, so while you guys try and figure everything out, the rest of us go out and make money by actually doing something.

It's a repeating pattern that we have all seen on message boards. There is always that one guy(s) that knows everything, corrects everybody with arcane logic while worshiping at the alter of statistics. I've hired (and mostly fired) this type before. Very intelligent but not smart. They become an impediment to a larger team because they are condescending and argumentative. They don't understand that when they explain something to someone that is actually inconsequential to the goal, the person seems non interested or indifferent. This is usually when the lack of social skills creeps into the equation and people start getting summoned to the office for a "chat".

I'll leave you with this quote from Paul Tudor Jones II. $18bn AUM returning annualized 23% since 1986.

Alpha Magazine Page 64 June 2008.

On why new managers fail or are succesful.

"These days, there are many more deep intellectuals in the business, (hedge fund) and that, coupled with the explosion of information on the Internet, creates the illusion that there is an exploration for everything and that the primary task is to find the explanation for everything."

The Electric Car Battery Battle

@User 169775

The vessels are special carbon fiber storage tanks to supposedly mitigate your concerns. But it is a valid point. But as you mentioned their is no free lunch as in the combustibility of gasoline or the inherent dangers of Hydrogen. OK let's here it from "the professor" AKA Objectivity (which is criminally ironic coming from someone that doesn't even understand what the term objective means) about hydrogen not being dangerous -- Hindenburg -- Nazis -- Rocket fuel silver paint blah blah blah...

The Electric Car Battery Battle

@ Objectivity

Ok ok so what you want me to say is that the air is a storage mechanism. The air doesn't actually power the car but it is part of the conversion to energy.

Fine.

You know what I say to that? It's an air powered car you nitwit! Ha ha ha! While you sit there and try to do your best "Scientific American" peer review on everything, I think that most people will realize that when you take this car for refueling, you connect a pressurized air hose to it and then you drive away on said air, then you have an air powered car. But go ahead and keep coming back with your highly visible presentation of somebody with little social skills. You think that if you repeat something enough, if you add a smart ass tone to it all then you are naturally right. Classic definition of someone socially maladjusted.

You remind me of that one person all of us know. Quite intelligent but trapped in a lower socioeconomic lifestyle because they can't seem to convert their smarts to money. George Soros said it well. I'm paraphrasing "I have been never able to find a correlation between intelligence and the ability to make money"

The Electric Car Battery Battle

@ Objectivity

Ok ok so what you want me to say is that the air is a storage mechanism. The air doesn't actually power the car but it is part of the conversion to energy.

Fine.

You know what I say to that? It's an air powered car you nitwit! Ha ha ha! While you sit there and try to do your best "Scientific American" peer review on everything, I think that most people will realize that when you take this car for refueling, you connect a pressurized air hose to it and then you drive away on said air, then you have an air powered car. But go ahead and keep coming back with your highly visible presentation of somebody with little social skills. You think that if you repeat something enough, if you add a smart ass tone to it all then you are naturally right. Classic definition of someone socially maladjusted.

You remind me of that one person all of us know. Quite intelligent but trapped in a lower socioeconomic lifestyle because they can't seem to convert their smarts to money. George Soros said it well. I'm paraphrasing "I have been never able to find a correlation between intelligence and the ability to make money"

The Electric Car Battery Battle

What's wrong with that Objectivity guy. He spews nonsensical stuff about things he thinks he knows about and condemns others that actually do know about them. I guess there always must be people in the second quartile...

"A car with "Compressed air power" is not a car powered by air. It is also not powered by "compressed air"."

Why don't you take up your syntax arguments with these guys

Tata Motors, India’s largest automobile company, has signed an agreement with MDI (Moteur Developpment International) of France for the application in India of MDI’s compressed air engines.

www.greencarcongress.c...

And then maybe these guys here

www.growthconsulting.f.../$File/TI%20Alert.htm

And then here.

www.edmunds.com/inside...

The Electric Car Battery Battle

@nerfer

"compressed air (an Indian company is just now starting production on a vehicle powered by compressed air)."

Good call. Don't underestimate this. The "Indian company" you mentioned is TATA Motors. The same TATA that just purchased Jaguar/Land Rover from Ford. This company has 23,000 employees worldwide and they want this air engine technology to make low cost cars for developing markets. Hmm... so what about all those nitwits that keep saying "just wait until everybody in India wants a car" regarding oil. Yea so if they are powered by air -- big deal. This is a real and exciting technology created by a former Renault Formula One engine builder and his son who was an engineer on the $1.8mm Bugatti Veyron. Real and credible technology in the hands of a company with the resources to make this happen in a big way. Good stuff...