Ronmac

49 Comments

    • What Happened to Peak Oil? [view article]
      JJason,
      You have no clue about why we have energy problems. Speculation is not the core issue, not even close. Quit wasting our time with your repetitive know-nothing posts.
      I have an idea, why don't you do some research on other sites about the peak oil problem?
      You won't find much about speculation being the problem. Even if the US government did "something" about it, guess what, there are other commodity exchanges to trade on other than Nymex.       Aug 31 09:29 PM
    • Crude Oil Finding a Bottom? The Great China-Olympics Canard [view article]
      Dream on Alan, if we ever get $20 oil again it will be because of a world wide depression/collapse... Aug 22 01:19 AM
    • Majority of Americans Support Ethanol [view article]
      Charlie Peters, with insightful comments such as yours...you really should write a book...wow. Probably would be a best seller! Any other nuggets of wisdom to help the world solve the energy problems? Jul 20 12:28 PM
    • Energy Sector Declines [view article]
      While I would always like to buy at the bottom and sell at the top, no one can do that. But, I don't let this downturn bother me too much as I know where it is going...up. Jul 19 03:00 PM
    • What We Can Do To Reverse the Oil Crisis [view article]
      I see stockaccumulator has another stock he/she is shilling for...must have gotten over PBR... Jul 17 11:41 AM
    • What We Can Do To Reverse the Oil Crisis [view article]
      Yeah jjason, the Democrats you are whining too I am sure are going to "do something" about it. I see where they are now introducing the legislation you are dying to have implemented...to control those damn speculators, and take oil out of the strategic reserve. What great code pink ideas...typical. You are going to be very surprised when over the next couple of years those ideas gain nothing but to waste our time. And that is what we have the least of

      But don't get me wrong, Democrats and Republicans are both responsible for where we are. This article is pure crap to just blame Bush.       Jul 16 04:25 PM
    • Why $140/Barrel Crude is Unsustainable [view article]
      I don't even know why anyone talks about the "mantle-produced&... oil in the context of how much energy we have. If you can't produce it significantly above the 85MM bbls per day that we are already producing, then it is IRRELEVANT where it comes from. Maybe a site focusing on geology would be a better venue... Jul 11 12:41 AM
    • Fishing for an Answer: Energy, Energy, Energy [view article]
      Good ole Brian Pursley and his abiotic oil theory...All I can say is abilotic or from biologic sources...you had better be able to produce it at plus 120 million barrels per day to satisfy coming demand. That means lots of wells drilled with lots of drilling rigs with lots of steel etc.
      Until I see production rates significantly above where we are today...we could be (as you contend) floating on a sea of oil...but it won't matter.       Jul 06 12:27 PM
    • Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits? [view article]
      I keep hearing from the socialists posting on this article that "big oil" is getting subsidies and "big oil" is in control of the energy policies. But I never hear about the auto industry and their associated industries fighting higher mileage standards tooth and nail or to the basic root causes such as over-population and a government that is for sale to the highest bidder.
      Go ahead and tax the oil companies, then watch oil go even higher than you can imagine.
      By the way Vickram, any time you want to share in those out sized oil profits, you can buy a shares of Exxon any day of the week for about $90 apiece...quit acting like you and your socialist buddies are somehow excluded.
       Jul 04 09:55 AM
    • On Oil and Its Manipulation [view article]
      All of you guys griping about the speculators should read Dan S1's reply...the specultors make and lose money on each other. At the end of each month they all settle up.
      There is not true effect on the price...it's all about population, demand, and hoarding through countries not allowing drilling (including the US)...so get over trying to find the boogie man. The boogie man is us.       Jul 02 10:39 AM
    • So You Think Oil’s Expensive Now? [view article]
      King of Sanity...you have taken the exact correct approach. High prices are their own solution. Unless, of course, the idiots in Congress try to get involved. Jun 28 12:36 PM
    • Congress’ Love Affair with Convenient Solutions [view article]
      If our government regulates the speculators, they will trade on other exchanges. Dubai etc. So get over the US-centric views of the world. We don't control the world oil market.
      Cut demand and the prices will drop, strengthen the dollar and prices will drop.       Jun 27 09:47 AM
    • The 'Peak Oil' Myth: New Oil Is Plentiful [view article]
      anaconda, I don't think it matters that a textbook defines "peak" as half produced. In the context of peak oil it is about flow rates not reserves. I think longoil did a great job of explaining this.

      As to your contention that we are now in a "moderate to quiet period of regeneration", if the regeneration does not provide the oil flows we need today, and the over 100 we need in the future, then we have "peak oil", i.e. peak flow rates and a shortage.

      Same way with not being able to drill the west coast. With your slow generation rate and the delays in drilling...same thing not enough flow.

      Demand destruction will help, of course, but remember those overseas consumers don't have the same (well mostly) cheapened currency that we do.

      And by the way I am not a shill for anything. So don't include everyone who thinks we have reached peak flow rates as being in on the "conspiracy"...       Jun 23 11:31 PM
    • Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak [view article]
      Michael Levy, You are a joke. I went to your website and Barney the Dinosaur has a more serious site than that. Gee let me guess what your politics are?? Calling you a Socialist is an insult to Socialists.. Jun 22 03:16 PM
    • Blame It on Oil Speculators [view article]
      Michael Levy,

      The last thing we need is a reduction in oil prices. We need to conserve, and have needed to for 50 years. High prices are their own cure.

      Socialism is just a fancy word for stealing. I know some people in the oil industry who are drilling in the Bakken shale in North Dakota. If through your "wisdom" they were only getting $40-$80 per barrel, they would be losing money. Or are you going to regulate the price of drill pipe, leases, royalties, acidizing services, roughnecks, drilling rigs?
      When you take away the incentive of profit to find and produce these oil supplies, you will be walking, not driving.

      Watch Venezuela and your friend with similar politics, Hugo Chavez. You are going to see (and are seeing) shortages and massive mis-allocations of resources.       Jun 22 12:50 PM
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