Biodiesel in the News
I recently read some comments made by a Saudi oil minister who said basically that, Americas passion to become "energy independent" is nothing but a "myth". That, "interdependence" on a global scale exists and is necessary to maintain oil-price stability. "I wonder what he pays for a gallon of gas in Saudi Arabia?" Clearly, this man does not know America, and the Americans fierce desire for independence. That includes energy. We look to Brazil as a good example. And, as much as I disagree with the likes of Nancy Polosi, she took the oil minister to task by exclaiming and I quote "how dare they come to our country and say that our declaration of independence is a myth." Democrats enthusiastically claimed in a heated response to the oil minister that "energy independence is achievable in 10 years" in the US. I suppose that means we will soon bee seeing oil exploration off the Continental Shelf, Anwar, Gulf Coast, North Central Rockies, Great Lakes, and dare I mention Nuclear Powerplants? Oil sands and coal oil development should be on the list too, right? "Well, ya'all, don't hold your breath."
I find the Saudi oil ministers memory of recent history in the Untied States simply "breath-taking". I have to ask the question, "what stability?" First, we are reminded that 15 of the murderers on 9-11 were in fact Saudi. Which makes me distrust what any middle easterner or Muslim says. Second, OPEC is not a market driven entity. With the call of some mystic wild hair, they can and often do drive prices up or down by increasing or decreasing supply. Third, They can simply "embargo" the sale of crude to our country which they have done in the past. Fourth, virtually every leftist and communist oil rich country out there has fallen to the drunken allure of oil wealth. From the Balkins to Venezuela, these despots have been ripping up financial and technological agreements to develop their oil and gas resources, to bring those resources to the market and prosperity to their "uh'em" people. That includes Saudi Arabia. I doubt there will be much desire for investors to sink any more new technology or large scale capital into those bastions of "interdependent" price stabilizing Countries.
With the recent price hikes of oil, I am utterly aghast at the comedic antics of our Congress and the Senate. I guess stupid is a stupid does. The first thing they do is go after the oil giants. They are called onto the carpet to "answer questions" about their profits and retirement packages. But, who do "we" call on the carpet about the raises and retirement packages they vote themselves for doing a lousy job? What about the 2.6 billion dollar "Big Dig" that is now 14+ billion dollars? What about the billions of dollars in other government "pork" projects where there is "no congressional oversight" and cause billions more in cost over-runs? And, just how many "Train Museums" does this country need anyway?
Bill Frist offers $100.00 of my tax money back to ease some pain at the pump. I hope he doesn't plan on running for prez, he will not get my vote. That was far too "dopey" for this farm boy. And all the rest of our Congressmen and Senators run around like "Keystone Cops" that haven't a clue. Which, now that I think about it, is "as usual."
This magnificent country survives because of you. The hard working, inventive, and "independent" folks that make this country work in spite of our clearly inept politicians. We have the resources, grit, brains, and braun to solve this problem ourselves through private industry and independent innovation. This is where energy investment really needs to be. Right here in the good ole USA. We can do it. From hydrogen, Biodiesel and other fuels or combinations, I firmly believe we can achieve energy independence.
I find the Saudi oil ministers memory of recent history in the Untied States simply "breath-taking". I have to ask the question, "what stability?" First, we are reminded that 15 of the murderers on 9-11 were in fact Saudi. Which makes me distrust what any middle easterner or Muslim says. Second, OPEC is not a market driven entity. With the call of some mystic wild hair, they can and often do drive prices up or down by increasing or decreasing supply. Third, They can simply "embargo" the sale of crude to our country which they have done in the past. Fourth, virtually every leftist and communist oil rich country out there has fallen to the drunken allure of oil wealth. From the Balkins to Venezuela, these despots have been ripping up financial and technological agreements to develop their oil and gas resources, to bring those resources to the market and prosperity to their "uh'em" people. That includes Saudi Arabia. I doubt there will be much desire for investors to sink any more new technology or large scale capital into those bastions of "interdependent" price stabilizing Countries.
With the recent price hikes of oil, I am utterly aghast at the comedic antics of our Congress and the Senate. I guess stupid is a stupid does. The first thing they do is go after the oil giants. They are called onto the carpet to "answer questions" about their profits and retirement packages. But, who do "we" call on the carpet about the raises and retirement packages they vote themselves for doing a lousy job? What about the 2.6 billion dollar "Big Dig" that is now 14+ billion dollars? What about the billions of dollars in other government "pork" projects where there is "no congressional oversight" and cause billions more in cost over-runs? And, just how many "Train Museums" does this country need anyway?
Bill Frist offers $100.00 of my tax money back to ease some pain at the pump. I hope he doesn't plan on running for prez, he will not get my vote. That was far too "dopey" for this farm boy. And all the rest of our Congressmen and Senators run around like "Keystone Cops" that haven't a clue. Which, now that I think about it, is "as usual."
This magnificent country survives because of you. The hard working, inventive, and "independent" folks that make this country work in spite of our clearly inept politicians. We have the resources, grit, brains, and braun to solve this problem ourselves through private industry and independent innovation. This is where energy investment really needs to be. Right here in the good ole USA. We can do it. From hydrogen, Biodiesel and other fuels or combinations, I firmly believe we can achieve energy independence.
posted by suntango at 11:24 AM
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