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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (7830)4/16/2005 4:50:45 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Terry,

This is what I did today to shake out the market flip flops from last week. I just spent the day at my attorney’s country compound. The gent is also one of my best friends.

His house sits in the middle of 130 acres of woods and lakes with 5 foot wide, endless trails that run for miles throughout the entire place. We raced four wheelers and dirt bikes through these trails most of the day. Afterwards we had some good conversation and a cold beer.

In the morning I am sure that I will feel like someone beat the hell out of me but my mind feels like I just went on a two week vacation.

I may need to find some glucosomine sulfate per brk's post of a few days ago.

<gg>



To: Walkingshadow who wrote (7830)4/16/2005 5:07:27 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Re: Oil

Bush, who worked in the oil business early in his career, said U.S. energy consumption had increased by about 4 percent, while domestic production had dropped by 1 percent in the past three years.

"That means more of our energy is coming from abroad. To meet our energy needs and strengthen our national security, we must make America less dependent on foreign sources of energy," he said.

Bush is expected to discuss high prices when he meets this month with Saudi Crown Prince Abdullah at his Crawford, Texas, ranch on April 25.

Energy Secretary Samuel Bodman said in a speech on Friday the country was pursuing ways to make electricity and transportation fuel without fossil fuels in order to reduce emissions and reduce dependence on foreign oil.

As examples, Bodman cited renewable motor fuels like ethanol, bio-diesel and clean diesel.

"Already there are eight models of clean diesel vehicles and more than 20 models of ethanol-compatible vehicles available to U.S. consumers," Bodman said. "We also are working to develop hydrogen-powered cars, and to make greater use of renewable electricity sources such as wind and solar power."

The Republican-controlled Congress appears poised to open Alaska's Arctic National Wildlife Refuge to oil drilling.

Giving oil companies access to the refuge's 1.5-million-acre (600,000-hectare) coastal plain and billions of barrels of crude oil is a key part of the Bush administration's national energy plan to help reduce U.S. oil imports.

story.news.yahoo.com

bloomberg.com