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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (92689)	10/28/2007 5:17:21 PM
From: Tommaso	Read Replies (1) \| Respond to of 206348

For once, I think Kurt Wulff may be a little too optimistic about Canadian Oil Sands Trust: "We think that would justify a doubling of the quarterly distribution to C$0.80 a unit beginning with the declaration in October to be paid in November." mcdep.com I do hope, however, that he is correct. With the Canadian dollar almost at USD $1.04, that would represent an annual dividend rate of about 50% on the original investment, for U. S. shareholders who got in four years or more ago.

To: quehubo who wrote (92689)	10/28/2007 5:39:58 PM
From: ChanceIs	Read Replies (1) \| Respond to of 206348

>>>GW religious fanatics and the ignorant public are leading us into a deep black hole<<< I don't think that the NG situation is appreciated by 2% of the public. So what you like about coal, if we don't start building more coal plants the lights will go out. All I see being built is NG. NG drilling in Canada is way down. Its easy for me to see what will happen - even in the dark. Being long NG, my purse loves it. Did you know that you can finely shred Perrier bottles and make a sort of fleece lining for winter outer wear. In that sense the former Sen Allen might have been correct that with the Perrier concept you can get enduring warmth. The NG crisis of '00-'01 has long ago been forgotten - shielded by the warm winters and high storage the last two years. Down to 38 degrees in Washington tonight. Temp map shows below normal in the whole SE the next week. Not much talk about the effects of the drought in the SE on power consumption. They have some hydro down there. The heating is mostly electric.

To: quehubo who wrote (92689)	10/28/2007 6:55:06 PM
From: ChanceIs	Respond to of 206348

Anti-coal campaign irritates (Kansas) legislators Senate President Steve Morris and House Speaker Melvin Neufeld criticize the Know Your Power ads, paid for by an Oklahoma gas company. Posted on Sun, Oct. 28, 2007 >>>That Aubrey is at it again. What a pistol. I am a little POed at him. He hasn't bought his usual 100K share allotment for the last two months. Probably still messing around with that basketball team. CHK now the WORLD'S biggest independent NG producer!!!! BY DION LEFLER The Wichita Eagle The president of the state Senate says he thinks it is "self-serving" for an Oklahoma natural gas company to run advertisements against the stalled proposal for a $3.6 billion coal-fired power plant in western Kansas. A spokesman for Chesapeake Energy Corp. --which funded the ads running under the banner "knowyourpower.net" -- defended the campaign, saying the company believes it has a more environmentally friendly fuel to offer than coal. And while emphasizing that the Sierra Club had nothing to do with creating or placing the ads, the group's state chairwoman said the messages are bringing some much-needed attention to pollution from coal. At issue is a print and broadcast campaign against the proposal by Sunflower Electric Power Corp. to add two new generating units to its Holcomb power station in Finney County, west of Garden City. The expansion, which would add 1,400 megawatts to the plant's 360-megawatt capacity, was rejected Oct. 18 by the Kansas Department of Health and Environment, citing emissions of carbon dioxide, a gas linked to global warming. The ad campaign came amid a brewing showdown between Gov. Kathleen Sebelius and the two most powerful members of the Legislature. The new power plants would be built in Senate President Steve Morris' district; House Speaker Melvin Neufeld, R-Ingalls, represents a neighboring district. They and dozens of other legislators have signed on to try to reverse KDHE's decision, claiming the agency overstepped its authority and that killing the power plant would kill billions of dollars of economic development for western Kansas. Sebelius, an advocate of wind power, penned an open letter to Kansans last week defending KDHE's decision. She said the new plants would burden Kansas with 11 million tons of pollution while 85 percent of the power produced would go to neighboring states. The Know Your Power ads started appearing shortly after the KDHE decision. They juxtapose pastoral scenes against shots of stack emissions from the Holcomb plant. Morris, R-Hugoton, called the ads misleading, saying the discharges they show are steam, not smoke. He also criticized Chesapeake, the world's largest independent natural gas producer, for failing to disclose it paid for the ads. "For a company selling natural gas, it's self-serving," he said. "I'm assuming they don't want coal to be used so they can sell more natural gas. It's sort of a case of greed." Morris also said that while most of the power would be transmitted out of state initially, a rising need for power in Kansas will eventually turn that around. For example, he said, rising fuel costs are prompting a shift to electricity to run irrigation pumps, and several power-hungry plants are planned to produce ethanol in western Kansas. Calls to Chesapeake were directed to Michael Grimaldi, a Kansas public-relations consultant. He said the company is conducting "an educational campaign" to highlight the environmental issues associated with coal generation. He said the company is in the business of selling natural gas and there's nothing wrong with comparing it to coal. "I don't think there's anything impure about that," he said. The television ads advocate for clean power and show brief shots of a gas burner and spinning windmills as examples. Sierra Club chairwoman Yvonne Cather said her group has run some ads in small Kansas papers opposing the Holcomb power plant, but is not involved with Chesapeake's effort. But she said the group doesn't oppose the message. She said natural gas plants produce only about half as much carbon dioxide as comparable coal plants, and the Sierra Club sees it as a "transition fuel" on the way to wind and solar power. The club also supports using gas generation to back up wind plants on non-windy days, she said. She said the club hopes KDHE's rejection of the new plants stands. "I'm hoping they (legislators) see that economic development can happen without using a dirty resource such as coal," she said.