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Archive for the ‘Energy’ Category

Hey, I thought Obama

03 Jul

told us we couldn’t drill our way out of this mess! Gee, could he have been… wrong?

 
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Posted in Energy

 

Here is the deal as I see it:

06 Mar

OPEC (used as a stand-in for all petrol states, whether they actually are in OPEC or not) twisted some arms and got petrol states to cut oil production. This led to the price of oil rising about $10 a barrel.

But they can do no more. Aye, there’s the rub.

More shale production (and lower prices) means they are hosed. It is clear that they can’t go on indefinitely even at the current price. And now they can do no more. They have shot their wad, so to speak.

And the higher price only encourages the frackers. This is a bonanza! Their actual cost per barrel is lower.

But OPEC can do no more. Not and survive.  Frackers can make money at $50 a barrel. OPEC just can’t. That hard reality alone tells you what the future is.

 
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If you really care

23 Dec

about the environment, you want more nuclear energy.

It is far cleaner that coal or other petroleum electricity plants. And modern nuclear plants are clean and safe. It is time.

Unfortunately, we have too many who are anachronistically stuck in the Jane Fonda/China Syndrome past. Maybe we just need these dinosaurs to die off (figuratively) before we can make actual progresss.

 
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It’s over

21 Dec

 

 

 

 

 

 

 

 

 

 

 

 

 

Finally, it’s over. Well, all but the Leftist whining. They just carp and whinge incessantly, the crybabies! The fat lady is totally done singing. She’s now at home having a cup of chamomile tea with a little lemon in it as she gets ready for bed. All but the Leftist whining and kvetching are over. Leftist tears are delicious!

We dodged a freakin’ bullet, here. The reprieve from the Governor came as we were walking to the electric chair. I mean, do you think the Dow would repeatedly be at record levels if Hillary had won? Don’t be a blamed fool…

And understand that Hillary had more “faithless electors”  than Trump. Double.

Still, I think this “faithless elector” stuff sets a very bad precedent, even though I like it that electoral college voters didn’t vote for Hillary more than they didn’t vote for Trump. I think that the electoral college was an extremely wise move by the founding fathers. We don’t want to be pushed around by the coastal elites. I mean, ALL of Hillary’s popular vote margin was from 1 state—California. And even then the Hillary vote was concentrated in a few areas. Think about THAT for a moment!

Though the electoral college vote wasn’t even close this time, in the right circumstances, faithless electors could be a real problem. It could very well lead to civil war.

I think the electoral college is very important, though I also think electors should be required to vote for the person to whom they are pledged. The goal  here is to dilute the power of the large population states and to strengthen the power of lower-population states.

 
1 Comment

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This is virtually

15 Nov

a “no-brainer” for Trump.

  1. It would create a TON of jobs immediately
  2. It would make EVERYTHING cheaper, so regular Americans could afford to live better
  3. It would go a long way toward sticking a finger in the eye of Middle-East mullahs

All these things fit very nicely into the Trump agenda, and all make an economic statement that would be an enduring legacy for Trump. It would be an absolutely huge deal, and if he simultaneously ended Obama’s “war on coal,” he would likely take PA again in 2020. Ohio, too.

And then consumers across the country have lower prices on gasoline and cheaper consumer goods. If Obama had done it, Hillary would have been President. But no, he was too wedded to an old, tired, and outdated ideology and too beholden to the enviro-whackos. Well, Trump won’t be so foolish.

 
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Posted in Energy, Politics

 

England sees the writing on the wall,

06 Jun

says it will discontinue wind power fantasies.

I guess one eventually has to bow to reality, even in government when you are using other people’s money. The difference with private business is that you bow to reality far, far sooner, because your actual livelihood is at stake. In government, the stakes are simply never so high for the person doing the transaction. In business, failure means that you lose your house and live in a trailer for several years. In government, failure means nothing–at worst you might be transferred to a different office.

I used to help hire government employees. We treated kids overseas. One day we were observing behind a one-way mirror a speech therapist–with the Admiral’s wife (the speech therapist didn’t know we were there) and the speech therapist lost his temper and actually struck the child. I was utterly horrified. Unbelievable. Turns out it was easier to gnaw your own arm off with no anesthesia than fire the guy, even then. So instead he was given a glowing letter of recommendation in order to get rid of him and he took a job at a different military base. That is how we got rid of him.

Now several people I worked with were very good, and this guy was by no means representative of them. Still, it wasn’t an  unusual occurrence in terms of the firing, and it tells you what it was like to run government employees.

 
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Yes, oil

21 Nov

prices are plunging. And it’s only likely to get worse.

But we need to understand that in terms of gas prices in the United States, the major issue is refinery capacity, not just the amount of money you pay for a barrel of crude oil. And Obama has done all he can to make it virtually impossible to build a refinery or even for an existing one to expand capacity.

So the bottom line is that a lower price per barrel is good for consumers. But the issue is not directly reflected in gasoline prices because of the refinery issues. Obama has little control about the price per barrel, but he has a lot of control about whether or not someone can build a refinery.

 
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So given that

15 Nov

there is such a glut of oil, why are gasoline prices still over $2?

Simple answer: Refining capacity.

Obama has made it incredibly difficult to build a refinery, so even as the price of oil drops, the price of gasoline stays relatively high. The bottleneck is in refining capacity, NOT in the price of crude oil.

Now if it were possible to build refineries, THEN you would see a further huge price drop. What we are seeing is the wages of militant Leftism/Green foolishness.

I think that people are just so happy that gas prices have come down  that they are not paying close attention. So next time you feel the need to criticize “greedy” oil companies, put the blame where it belongs. Blame Obama.

 
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A modest proposal

02 Nov

indeed for the next R debate.

I honestly don’t know why we don’t do it this way. Why on earth would we do it any other way? I mean, it makes absolutely no sense. Am I missing something? What we have now is horrible! Why on earth would Reince Priebus agree to what we have? The mind boggles. You almost have to see this as malice. Almost. It might be the dinosaurs being unable to adapt.

 
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You know what is REALLY scary for the Saudis?

06 Aug

This.

I think all the king’s horses and all the king’s men cannot put OPEC together again!

Oh well.

 
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Posted in Energy