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

To: ChanceIs who wrote (146259)	3/5/2011 11:35:52 AM
From: ChanceIs	1 Recommendation Respond to of 206191

As Gas Prices Surge By 28 Cents A Gallon In The Last 10 Days To $3.47, The APTA Informs Us How This Is Actually Great News >>>Ah yes. Thanks to ZeroHedge for providing some (exceedingly witty) corroboration of my thesis that there is an active campaign instituted by the administration/liberal economic bloc that $100 crude is of de minimus concern.<<< Submitted by Tyler Durden on 03/04/2011 18:04 -0500 * New York City * Reuters As the bruised and battered US consumer continues to be fornicated at the pump, there is, we are told, an amazing silver lining to this inflationary catastrophe: according to the American Public Transportation Association, as gas prices spike they bring with them the savings for U.S. commuters who rely on public transportation, a transit group said on Friday. See: and now the surge in price has been spun. Soon, when gas is $5 then $10/gallon, the administration will tell us how we are all saving so much money by using the subway... Of course until such time as the already insolvent MTA (and other regional transportation authorities) are "forced" to hike prices due to retaining those workers which even Wal Mart decided to pass on. From Reuters: U.S. gas prices have increased 28 cents a gallon in the last 10 days to $3.47 per gallon. Individuals who travel by bus or commuter rail instead of filling up their tanks at that price would save $825 per month on average, the American Public Transportation Association said. The group included the national average of $161.56 for an unreserved parking space in a downtown business district in its calculations. Political uncertainty in oil-producing Libya is pushing up oil prices, and that in turn is forcing many Americans to pay more at the pump. If prices remain high, individuals would save an average $9,904 each year, APTA said, adding that "this is the highest savings for public transit riders in two years." And the kicker from the APTA: APTA said a commuter who relies on public transportation in New York City has the most savings over a driver -- $14,376 a year -- followed by those in Boston, San Francisco, Chicago and Seattle. Next up: the administration touts the benefits of death. Just consider the amazing savings one will have by not having to spend tens of thousands of dollars on that barbarous relic, food.

To: ChanceIs who wrote (146259)	3/5/2011 11:52:19 AM
From: CommanderCricket	1 Recommendation Read Replies (4) \| Respond to of 206191

$4 - $5 gasoline is going to kill the tourist industry in Florida. So much of what Florida caters to are weekend and family trips to the beach and amusement parks around Orlando. Cheap fuel makes it all possible. Inflation is going to be another hit. Been to Disney lately? Tickets, hotel accommodations and meals are quickly becoming out of reach of the middle and lower classes of America. $85 dollars a day per person to play at Disney. If you want to eat and drink, add another 30% to that. The energy crises is here.

To: ChanceIs who wrote (146259)	3/5/2011 12:15:58 PM
From: a.handbag.	20 Recommendations Read Replies (2) \| Respond to of 206191

This might be a good time to promote Canadian "dirty" oil. Here is a possible theme. In your friendly, stable country to the north is an area the size of Florida contaminated with toxic hydrocarbons PUT THERE BY NATURE. Some is on the surface, but most is buried. Environmentally sensitive companies are engaged in CLEANING UP THIS MESS. Some cleaned areas are so large THEY CAN BE SEEN FROM SPACE. To offset the cost of this green effort, the contamination is upgraded and RECYCLED into something useful, albeit at great cost.

To: ChanceIs who wrote (146259)	3/5/2011 12:16:33 PM
From: kormac	Respond to of 206191

I agree, and recall vividly the words of Samuel Bodman, that in couple of years we will have the enzymes ready for cellulosic ethanol. He certainly should understand these issues with PhD in Chemical Engineering from MIT and having taught there. Note also that Seven Chu was pursuing this dream at Lawrence Berkeley National Laboratory. en.wikipedia.org en.wikipedia.org These people cannot understand that the game is over as they try to keep the "Great Energy Show" going.

To: ChanceIs who wrote (146259)	3/5/2011 1:02:58 PM
From: richardred	1 Recommendation Read Replies (5) \| Respond to of 206191

>Nobody is talking NG fired cars anymore IMO that's because newer big players like Exxon/Mobil can sit on their NG holdings while selling their crude at high market prices. The NG infrastructure isn't built yet and IMO won't be till big oil wants it, or is forced into it. IMO The US is awash in NG right now or the prices would be a lot higher. Exxon bought in a couple of years ago in a big way. Just recently, Chesapeake Energy is selling a big part of itself to BHP. IMO all Mr.Obama needs to do is show he's serious about building a NG infrastructure. Just like the one UPS is building. The auto companies already know how to build such cars. UPS is starting to recognize such benefits of NG as a fuel. finance.yahoo.com FACTBOX-Top 10 U.S. natural gas producers Mon Dec 14, 2009 4:36pm EST Dec 14 (Reuters) - Exxon Mobil Corp (XOM.N) looks to become the top natural gas producer in the United States with its bid to buy XTO Energy Inc XTO.N. The following lists the largest producers of natural gas in the U.S. as of the second quarter 2009, according to data compiled by the Natural Gas Supply Association based on published company reports. U.S. Natural Gas Production in million cubic feet per day (mmcfd) Jan.-June 2009 1. BP (BP.L) 2,337 2. Anadarko Petroleum (APC.N) 2,325 3. XTO Energy XTO.N 2,290 4. Chesapeake Energy (CHK.N) 2,210 5. Devon Energy (DVN.N) 2,130 6. ConocoPhillips (COP.N) 2,108 7. Encana Corp (ECA.TO) 1,663 8. Chevron Corp (CVX.N) 1,387 9. ExxonMobil Corp (XOM.N) 1,243 10. Williams Cos Inc (WMB.N) 1,202 (Reporting by Eileen Moustakis; Editing by Marguerita Choy) >I am not too put out because cellulosic ethanol should be ready by September. I started the $2 or higher gas - Can ethanol make a comeback? board at SI when the infrastructure wasn't built. Guess what, the infrastructure is now built. Mostly thanks to Uncle Sam. At first to be run from corn and now the beginnings from Cellulosic ethanol. IMO A fuel infrastructure can be built fast, as I saw with ethanol. Many east coast states are putting Americans back to working in finding gas. This IMO is step in the right direction how the states can help resolve their budgets crisis. This by attracting NG drillers to their states (incentives by ending moratoriums). We have the technology and know how to do it safely and environmentally friendly. I can only hope our new Governor of NY will be business friendly to the NG industry. Just like the NIKE saying, JUST DO IT.