Oil Slick Stuff

I'm going to have to keep that secret to myself so I can become the alternative energy billionaire :rolleyes:

I don't know Slick, but I think our domestic oil and that of our international "friends" in Mexico and Canada will be a pretty handy investment in the future. I'd rather not blow the wad now and pay later.

You are relatively new here, so I'll do my best being nice.

Just admit you don't have a solution. You cannot repeal the laws of thermodynamics any more than the next guy. Oil, as a storage medium for energy, is the most efficient thing we have when it comes to every day consumption. Do alt energy sources have LIMITED applications? Yes. But that's all.

Spending everyone's tax dollars on funding solar company boondoggles like the one RMI cited is idiotic and wasteful at best. It's snake oil and a scam -- nothing more.

I would point you to the search engine on this site and look up "thorium" . There's a thread on it. I would rather my tax dollars go to funding things like this. I would rather the government work on changing the cost-plus financing of nuclear development than on building "alt energy" sites that cannot produce squat without massive subsidies.

Finally, the sources in mexico are sour and the tar sands in Canada are far more difficult to extract. So, Nnuut's point is valid and still stands.... what are you gonna do about it other than offer up criticism?
 
You are relatively new here, so I'll do my best being nice.

Just admit you don't have a solution. You cannot repeal the laws of thermodynamics any more than the next guy. Oil, as a storage medium for energy, is the most efficient thing we have when it comes to every day consumption. Do alt energy sources have LIMITED applications? Yes. But that's all.

Spending everyone's tax dollars on funding solar company boondoggles like the one RMI cited is idiotic and wasteful at best. It's snake oil and a scam -- nothing more.

I would point you to the search engine on this site and look up "thorium" . There's a thread on it. I would rather my tax dollars go to funding things like this. I would rather the government work on changing the cost-plus financing of nuclear development than on building "alt energy" sites that cannot produce squat without massive subsidies.

Finally, the sources in mexico are sour and the tar sands in Canada are far more difficult to extract. So, Nnuut's point is valid and still stands.... what are you gonna do about it other than offer up criticism?

Look Minnow. This whole exchanged started, pages ago, when james made some vaguely liberal comment and RMI responded by saying something along the lines of "why does it always have to be political". I check this thread for oil prices but am well aware it is ideological echo chamber. That's fine, so I responded to RMIs above comment by saying "spare me" and quoted a couple the most recent ideological quips.

That's it dude! No criticism, just pointing out that accusing James of being political, in this thread, is the pot calling the kettle black.

RMI, to his credit, also realized this was the case...pretty open and shut really.

In fact, Nnuut pointed out that this thread was indeed very political. It really didn't need to go any further than that.

BUT Buster, well that wasn't good enough, so he told me to go hug a tree. To which I said "gladly", because I like trees and I'd rather hug a tree than a barrel of oil...which, I stand by. Again, didn't need to go any further.

Apparently this was seen as an attack so Buster had to point out how ignorant I was by not realizing that everything I do uses oil. And yes, I provided a sarcastic return. I touched a nerve with Buster who apparently loves making assumptions about me and how ignorant I am because I still don't know that my computer and roads are made with oil. But I do know that.

I said it then and I'll say it again. I KNOW. I am fully aware that we absolutely depend on oil. For craps sake I spent 4 years studying geosciences. Statistical applications in MANY aspects of geosciences are shared by traders and market watchers, this is half the reason I'm interested in markets. I worked with hard rock scientists, I worked with people in mining & extraction industries and one of my good friends works in exploration for Schlumberger.

I don't have a solution. I NEVER, not once, claimed to have a solution to powering our economy w/out oil nor will I.

I did say, however, that more and more people are looking to alternatives, times do change and in this instance change is inevitable. I also said risking many other resources to bring controversial Tar Sands oil from Alberta to TX and proposing we drill in a National Park might not be the best use of our limited (financial) resources. For reasons that I sometimes agree with, and sometimes disagree with those are very controversial projects; a litigators dream. Call me a tree hugger, fine, I don't care. I stand by my comments that a relatively clean natural environment is one thing that makes America great. I think that is a legacy worth protecting.

The criticisms I've made are directed toward the logic Buster used to attack me. The only argument Buster could provide me with was.

1) I'm a tree hugger. OK, fine.
2) I'm a tree hugger so therefore I'm ignorant. Not fine.
3) Stuff is made with oil and I've never thought about that fact. I know.
4) Without oil I'd be in cave rubbing sticks together. Don't think so but more importantly irrelevant.
5) Coffee rots your insides. Irrelevant
6) Stuff is made with oil and I've never thought about that fact. I know.
7) I'm super, ultra ignorant because I don't like his arguments. Laughable.
8) I'm wrong (about which he was referring to I don't exactly know). This isn't even remotely a discussion of "right and wrong"
9) Having a differing opinion is boring to him. OK fine, I'm sorry to disrupt the echo chamber. Don't worry I'll leave soon and you can back to chuckly little comments about how cool it is to align yourselves with oil barons.
10) God should be written with a capital "G". Grammatical errors have been abundant, irrelevant.

I do think that oil companies have entrenched themselves politically and fight tooth and nail against innovation that might help reduce US dependence on oil. Something like 70% of the oil used in the US goes toward transportation. We CAN reduce our dependence on oil and still make stuff if we work towards reasonable ways to reduce oil used in transport. BUT, it's going to be a heck of a lot more difficult if we keep letting the oil barons in foreign countries and in boardrooms keep pulling our strings. Their lobbying and PR campaigns stifle innovation and hinder efforts to find ways to drive an economy w/out selling out to the middle east, which is a hinderance to our continued freedom. Playing police man in the Middle East hasn't been cheap. The debate really isn't all that different than our indebtedness to China. Therefore, I don't like supporting oil companies and think they leach off our systems via the subsidies we provide. I obviously don't care if anyone agrees with me but don't freaking make some baseless comment about me being ignorant because I don't like puckering up to the oil barons.
 
Well I think we have covered everything and it's time to cool down the personal attacks and get back to business. The conversation is great and we all have the right to disagree, just don't take it personal. I know it's difficult when there are strong opinions on both sides, but being oversensitive can cause more than just disagreements it can cause war. Everyone is welcome to post on this thread and contribute what they think of the subject, just like I do in fact if you're not willing to defend your opinion just don't post it. Don't make it something it shouldn't be.
Norman
 
I don't have a solution. I NEVER, not once, claimed to have a solution to powering our economy w/out oil nor will I.

I obviously don't care if anyone agrees with me but don't freaking make some baseless comment about me being ignorant because I don't like puckering up to the oil barons.

1. Well, have you checked out Thorium yet? Seems like something far more worthwhile that could help with energy independence (oil isn't ALL bad) than other "alt energy" ideas. If you like, go and make comments on that old thread. (Watch out for Buster's pics, though).

2. I never called you ignorant so I would appreciate you not using a very long reply to me (on what I believed to be a couple of quick and concise points) to continue your disagreement with Buster, thanks.

--- If you haven't figured it out yet, I don't particularly care for a lot of big oil government policies, either. But I am a realist as well and prefer changes to be grounded in common sense and reality.
 
I do think that oil companies have entrenched themselves politically and fight tooth and nail against innovation that might help reduce US dependence on oil. Something like 70% of the oil used in the US goes toward transportation. We CAN reduce our dependence on oil and still make stuff if we work towards reasonable ways to reduce oil used in transport. BUT, it's going to be a heck of a lot more difficult if we keep letting the oil barons in foreign countries and in boardrooms keep pulling our strings. Their lobbying and PR campaigns stifle innovation and hinder efforts to find ways to drive an economy w/out selling out to the middle east, which is a hinderance to our continued freedom. Playing police man in the Middle East hasn't been cheap. The debate really isn't all that different than our indebtedness to China. Therefore, I don't like supporting oil companies and think they leach off our systems via the subsidies we provide. I obviously don't care if anyone agrees with me but don't freaking make some baseless comment about me being ignorant because I don't like puckering up to the oil barons.
Agreed
- We need to become energy independant to preclude control of our environment and economy by foreign companies or governments
- Playing police all over the world (albeit a lot in the middle east) is rediculous and we need to stop it
- We must stop oil subsidies; oh, and green technology subsidies too.

Some folks assumed others were ignorant, some folks only liked green technologies, and other folks only liked oil. With all that said, only some serious leadership in our government will get us on the right path to removing our dependence on foreign oil, and then reducing our dependence on oil. We do not have the leadership in our government right now. Many (some would say most) of the 548 people running our government are NOT providing leadership for our country. This needs to change, a different change we can believe in...

The folks from Solyndra should go to jail, period. This is the biggest example I know of governmental fraud (although TARP is coming to mind) and those responsible SHOULD BE PROSECUTED...

If anyone felt I was personally attacking them, I apologize.
 
Real Money, are you going with the exit today and jumping on those 3X stocks again? I know we both got burned last time.
I sold TNA and bought TZA 2 days ago... Bought a few more on the lows (market highs) yesterday so I am in TZA with a cost basis around 39.60

With TZA trading right now at 41.64, and I can only see more downside, I think I am staying :D
 
2. I never called you ignorant so I would appreciate you not using a very long reply to me (on what I believed to be a couple of quick and concise points) to continue your disagreement with Buster, thanks.
But I am a realist as well and prefer changes to be grounded in common sense and reality.

Agreed, my last sentence was in no way directed toward you. One individual did this and completely warped my initial comments into some anti-oil diatribe which was never the intention and is exactly why I took the whole issue back to the origin.
 
Agreed, my last sentence was in no way directed toward you. One individual did this and completely warped my initial comments into some anti-oil diatribe which was never the intention and is exactly why I took the whole issue back to the origin.

It's all good.
Here's a shortcut to the thorium thread/post: http://www.tsptalk.com/mb/showthread.php?9377-Thorium&p=309012#post309012
Hope it works.

By the way, you really haven't had a fight with Buster until he pulls out ol' #7.
 
The Thorium Reactor is very interesting, why hasn't the Administration done anything about it? I know Westinghouse and General Electric would take a hit!:suspicious:
 
Is thorium the answer to our energy crisis?

It could power the planet for thousands of years, the reactors would never blow up and the waste is relatively clean. So is thorium the nuclear fuel of the future? Helen Brown reports
Wednesday, 13 December 2006
It's a word that's been generating a steady, background hum in the scientific community for decades now. And the glow of hope emanating from the word "thorium" is now burning brighter than ever. Is this element really the nuclear fuel of the future? Is it really - as some are claiming - cleaner, greener and safer than its scarcer cousin uranium? One thing's for sure: there are massive reserves of thorium throughout the world, and if the power that represents could be harnessed, it could keep us in energy-saving light bulbs for thousands of years to come. So why aren't governments investing in the technology needed to make that potential a reality?
http://www.independent.co.uk/news/science/is-thorium-the-answer-to-our-energy-crisis-428279.html
 
Once upon a time there was this snot nose kid..he would never admit to being in the wrong..

One day this brat was out in the woods hugging a few trees and licking some leaves, and he discovered a hive of bees...He decided that since he was always correct and never at fault and certainly not ignorant, that he could kick the Bee hive and not get stung and get away with it...Well he kicked the hive and the bees attacked him with their usual fury, stinging the hell out of this whiny little brat...

Later that night he explained to his mommy that he was just walking through the woods minding his own business and a swarm of bees just swooped down on him and attacked him for no reason, he whined....Well his mommy of course took his side of the story to be true as always she did and ordered her husband to go out into the woods and destroy the hive...


There is no morrow, only that the birds and other animals of the woods seen it all...Karma works in magical ways..




PS: Kleenex and crying towels can be found in the classified section.

DRILL-BABY-DRILL
 
Expect the price to pop up!:suspicious:
Some Oil Rigs in Gulf Evacuated Ahead of Major Storm That Could Spell Trouble, Relief for Region


Published September 01, 2011
| Associated Press

As a tropical depression developed over the Gulf of Mexico Thursday, forecasters warned of the possibility of flash floods and stormy seas but also a shot at some much-needed rain in the region.
The precipitation is needed in Southeast Texas, which has been suffering through a drought, and the New , which has been blanketed by smoke from a stubborn marsh fire.
"Sometimes you get what you ask for," New Orleans Mayor Mitch Landrieu said, noting that rain from the system was helping with the fire. "Unfortunately it looks like we're going to get more than we needed."
Forecasters issued a tropical storm warning for the U.S. Gulf coast from Mississippi to Texas

Read more: http://www.foxnews.com/weather/2011...could-spell-trouble-relief-for/#ixzz1WktpPe2s
 
Some good news.

Iowa just set a record on renewable fuel sales in the 2nd quarter. Nearly 3.7 million gallons.

iowaquartelyE85.PNG

That's a state record of clean, renewable E85 Ethanol fuel --- a liquid that DIDN"T come from petroleum, and DIDN'T come from a middle-eastern country, financed with money borrowed from China. Nope, that was MADE IN THE USA fuel that helps put money in the pockets of Midwest farmers instead of middle-east shieks.

Hey- Hurricanes can come and knock out the drilling platforms and mess with refineries.

Civil unrest can make the price of oil spike in Africa and the Middle East.

Russians can sign deals with corporations to steal all the Gulf of Mexico oil, for all I know.

But we HAVE to work on finding financially viable, renewable alternatives whereever we can. Every little bit helps.


Congrats Iowa motorists on the record. Keep it up. Keep growing our alternatives.
 
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