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Deltascared

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  • Natural Gas In 2013: It's Now A Trading Sardine [View article]
    You write in such a terse and oblique manner it is difficult for me to follow you. I am sensing (guessing) that you think our POTUS is not anti-energy. No he is not. He is just anti carbon since he believes that we must waste money and opportunities till Al Gore is made a fool. Given the scientific ability of the American left, our POTUS and his great grandchildren will be buried before that question is resolved.

    From the sound of it, you have no connections in the energy industry. The folks I know in the field absolutely hate Obama. Why don't you do a web search on "Anti energy Obama" or a similar question? The Institute for Energy Research published a good intro article on Jan 24th of 2012.

    I do not hate our POTUS. I really wanted someone to debate Obama then some of the crap attitudes you wrote about would have been cleaned off the sidewalk. The American voter have no idea what this guy would do to our economy or even what he has done. But he is entitled to a defense. The problem is that Romney believed he had it won and started acting like a football team with a comfy lead. Now, to your comments..I wanted a discussion and we missed it. The media isn't going to challenge him. Your post is a collection of their narrative.

    LOL! Volts. Right. And all of 26,000!!!! Like we were supposed to have a million electric cars sold in 2011. Yes, our President believed that. And the electric stations? Naturally, they have to be built with gov't dollars or tax breaks. The nutty aspects of libs is that they claim higher tax rates don't change economic activity and kill jobs. Right. They why does every bloody program of the new economy thrive on tax breaks or credits? Little inconsistency there, don't you think?

    I am losing energy myself. But...on your comment on Alaska NG, from the Pipeline and Gas Journal, "a spokesman for the API. "The public and the oil and natural gas industry continue to support U.S. energy development. The administration continues to prevent, delay and obstruct development of important resources, and puts off jobs for another day." Date: October 2012, Vol. 239 No. 10 and posted on the web.

    Then you wrote: " Even most of the so called 'anti-coal' stuff passed under this administration was already on the books from as far back as Clinton, but didn't make it into law until Obama, making him look the culprit." LOL!

    From the Institute for Energy:" Referencing his proposed cap-and-trade energy tax, President Obama had a rare moment of political clarity when he said, “…if someone wants to build a coal plant, they can – it’s just that it will bankrupt them, because they are going to be charged a huge sum…” Unfortunately the President’s crusade against affordable energy didn’t end there. IER recently noted that new EPA rules and regulations for power plants would shut down roughly 10 percent of our coal electricity production. The 28 gigawatts of generating capacity that would go dark are the equivalent of shutting down every power plant in the state of Indiana or North Carolina, and, in the administration’s own words, would “necessarily” make our energy prices skyrocket.

    The most troubling aspect of the energy debate is that President Obama and his administration are actively pursuing policies that make energy more expensive for consumers and businesses, while sending billions to failed businesses like Solyndra. Taxpayer funded renewable energy is a fantasy, but the pain at the pump is very real" Article entitled Three Reasons the Obama Administration is Anti-Energy.

    The administration just did a regulation dump Christmas week and eight months late. They have not been digested yet. I will offer an article from Oil Price dot Com: "Relaxation of Obama’s Anti-Energy Policies Could Create 1.4 Million New Jobs".

    Finally, we just had a tax and spending debate. Check which nations have less of their GNP taken in taxes, oil exporters or oil importers. Well, the importers like the US have 20 to 40 percent taken in painful taxes. The exporters between 2 and 7 percent. If you want all the money for dream projects and programs, you need to have the income to pay for it and th energy industry is claiming that we are being fed lies while the economic pie shrinks.

    Like 26,000 Chevy Volts.
    Jan 6, 2013. 10:29 AM | Likes Like |Link to Comment
  • Short Morgan Stanley Shares [View article]
    It is $20.19 in early January 2013. That is decent.
    Jan 6, 2013. 09:40 AM | Likes Like |Link to Comment
  • Natural Gas In 2013: It's Now A Trading Sardine [View article]
    Gigem, good comment. Where do you get info on fueling stations? Why does the administration seem to ignore the employment aspect of cheap domestic energy? Are they waiting for something?

    I was told that an export tax could amply pay for our terminals to ship overseas. The problem is where do we get the money to change over to NG or electric highway vehicles in our infrastructure? The excise tax on gasoline is an obvious place.But how can you raise it without dumping the poor and the general economy?


    A United States Patent Application is at 20110218894 to "progressively" spike excise taxes but I hate giving the gov't another tube into our pockets. I wonder if President Obama or the DOE have anything planned. Or are we all going to Chevy Volts with nothing having carbon attributes powering the utility company's production?
    Jan 4, 2013. 11:52 AM | Likes Like |Link to Comment
  • Natural Gas In 2013: It's Now A Trading Sardine [View article]
    I follow this man as he has an appreciation of economics which should be on staff in the White House or DOE. Drop them a line, would you?

    This:
    ".....But for the moment, the marginal cost of production, not total cost, is what seems to be influencing supply. And that is having its effect on price making this a trading sardine."

    However, I am watching the weather and find that the market seems to ignore what seems to be coming a few weeks out.

    It is a fact that unless we start exporting, this industry and whole areas in our nation will suffer.
    Jan 3, 2013. 01:26 PM | Likes Like |Link to Comment
  • Fourteen banks are reportedly set to reach a $10B settlement with regulators over abusive foreclosure practices such as incorrect paperwork and excessive charges. The banks include the five that agreed to pay $26B in another deal earlier this year - JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Ally Financial. The latest settlement will allow banks to end a review of 4M loan files that has cost 1.5B so far. [View news story]
    I fear that the word game was played with the bank's counsel to cop the plea or we have a bunch of innocent business people getting soaked.
    Jan 3, 2013. 12:09 PM | 1 Like Like |Link to Comment
  • 50 Fearless Predictions For 2013 [View article]
    Hey alpha, market this and get rich!

    This thread is why Alpha is a blessing we have for 2013!

    We get to watch a drama play out.

    According to some sources,we are about to be hit with cold that makes Alaska look like Bermuda. But NG and CHK are low.

    Something's gotta give!

    Whichever side is right, get the public involved and cash in!

    Fun!
    Jan 3, 2013. 11:29 AM | 2 Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    Why don't we give them $10,000 a month?
    Jan 1, 2013. 09:01 AM | Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    I did not like the privatizing idea but...

    To answer those morons who love to bash W for his "privatizing" Social Security idea...The Dow was at 10,500 when he mentioned it. Things have not been good. It is now at 13,000. Gov't employees have a system like he envisioned and it is up 25%, I am told.

    The reason I did not like it is because most people are cowards and nanny state lovers and really like floors. And it makes sense to give the pols another football to toss around like they are magic athletes and have a gift for the sheepie.

    Remember..... the US Government is our dear mom and Superman -- whatever you need.
    Jan 1, 2013. 08:59 AM | 2 Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    Don't look now, but this Dimocrat talking point is getting dull.

    Bush recommended accounts. The accounts would be modeled on the Thrift Savings Plan -- a 401-k type program that is already available to government employees -- and centrally administered by the government.

    The accounts are up 25% since 2005.

    Now what is your problem?
    Jan 1, 2013. 08:52 AM | 1 Like Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    Those guys didn't have a media full of dumb, state school educated dreamers and Code Pink to deal with.
    Jan 1, 2013. 08:48 AM | Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    Then make money on wars. We are accused of it anyway.
    Jan 1, 2013. 08:47 AM | Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    ICANDOITDON -- Amen. I mention wars only to defend American lives or to make money and people go nuts!
    Jan 1, 2013. 08:46 AM | Likes Like |Link to Comment
  • Fourteen banks are reportedly set to reach a $10B settlement with regulators over abusive foreclosure practices such as incorrect paperwork and excessive charges. The banks include the five that agreed to pay $26B in another deal earlier this year - JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Ally Financial. The latest settlement will allow banks to end a review of 4M loan files that has cost 1.5B so far. [View news story]
    Yes.
    Jan 1, 2013. 08:44 AM | 1 Like Like |Link to Comment
  • Fourteen banks are reportedly set to reach a $10B settlement with regulators over abusive foreclosure practices such as incorrect paperwork and excessive charges. The banks include the five that agreed to pay $26B in another deal earlier this year - JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Ally Financial. The latest settlement will allow banks to end a review of 4M loan files that has cost 1.5B so far. [View news story]
    "Faulty paperwork", indeed.

    HA! I was commenting above as someone with stock. I just remembered an adventure I had with mortgage servicers! Some years ago I had a rental home and payments current for years. Then I switched insurance policies. The new company sent the appropriate paperwork. A year or so later, my payment jumped. I called and found out that a new insurance policy had been taken out on my property since I allowed the insurance to "lapse". Guess who had to pay a nice chunk of change for double coverage? Guess who owned the "Troubled Loan" insurance company? I had money, thank God, or I would have lost the house or been forced to sell.

    On on the harmless aspects of this call the lady in the Jacksonville office who was on the other side. The description and press release was undoubtedly negotiated and I suspect some borrowers would use stronger language.

    I know, banks just pay billions because of mean old judges.
    Dec 31, 2012. 01:59 PM | 1 Like Like |Link to Comment
  • Fourteen banks are reportedly set to reach a $10B settlement with regulators over abusive foreclosure practices such as incorrect paperwork and excessive charges. The banks include the five that agreed to pay $26B in another deal earlier this year - JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Ally Financial. The latest settlement will allow banks to end a review of 4M loan files that has cost 1.5B so far. [View news story]
    Forging names and flat out fake paperwork? I thought people were breaking rocks for that. But it depends who you are and how widespread it is. America! What a country!
    Dec 31, 2012. 01:46 PM | 1 Like Like |Link to Comment
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