Investors who want to stay informed should review an excellent Newsweek article titled the "The Bias Against Oil & Gas' by Robert Samuelson...as this is the best article on the subject I've seen in 26 years. It pinpoints the where and what elements we are dealing with now, and covers the real 'reality' of our energy situation we all face in the US today.
http://www.Newsweek.com/id/195689
Tuesday, May 5, 2009
Wednesday, April 15, 2009
Saturday, March 28, 2009
http://finance.yahoo.com/tech-ticker/article/220827/Oil-Price-Spike-Coming!-Oil-Price-Spike-Coming!?tickers=OIH,XLE,XOM,CVX,BP
Wednesday, March 25, 2009
http://www.whiskeyandgunpowder.com
Read the article Unsustainable for more insight into the reality of the oil & gas fundamentals.
Read the article Unsustainable for more insight into the reality of the oil & gas fundamentals.
Sunday, February 8, 2009
'Small Business Needs of Government'
Small businesses must demand our government, and congress respond directly to their needs and right now, if its true that 80% of the new jobs get created by small businesses in America. My God, this is the key to our recovery, don't you think? We continuously hear congressional members talk about what they believe business needs, or what we need...while they haven't a clue of what we really require and must have to successfully run a business. It must be nice to print more money, borrow more money, and never pay it back, or go into debt with everyone in the world. Of course, we won't get into the legislation, and laws getting passed we never get to read & review.
By the way, I'm not talking about so much of the yapping with a never ending stream of dogma, platitudes, and other academic nonsense ad nausea. Let's hear from people long out of school, who must daily do the myriad of daily tasks necessary for a business to succeed. I'm talking about people who actually implement the daily marketing and sales ideas they must constantly adjust to make work, and do so while they run businesses, and actually 'produce more than they consume'. Businesses must pay bills, pay-roll, and actually make a profit, while balancing their check-books. Lets see the government do this for change. In fact, the only way for the government to ever balance their books would be to allow the free-enterprise system to force the government to keep the books in the black! What do you think the chances are of this happening anytime soon?
Maybe the government ought to be forced to hear directly from 'pragmatic experts', or those businesses owners who regularly do make a profit, or go broke because of the policies of interference and taxes which are too high; and are doing so in the face of withering taxation, and greatly increasing government interference through excessive regulation, and in your face involvement in their lives. Don't you think a successful business owner might just know how and what it takes to succeed? Government fear entrepreneurs. The reason is simple, entrepreneurs get up early, and work late, and they do so while they use their brains 24 hours a day, and seven days a week. Our government employees don't get up everyday thinking about how they will make a profit, and keep their businesses going. Government officials wake-up everyday trying to figure out how to respond correctly to lobbying groups, and spend a lot of their time working on ways to get re-elected after their terms are over. This must be a lot of pressure for them.
When you are trying to build a business you take few vacations, and certainly don't take national holidays off. We need to get back to work and this isn't going to happen if half or more of the population is being supported by the half who works for a living. Actually, the number of entrepreneurs is shrinking, or moving out of the US. We've lost many of the most talented for ever. You can thank an overzealous, and loud minority of complainers, and our country's 'never do wells', and of course, our lobbyists who use the 'squeaky wheel gets the grease approach' to keeping the ear of the self-serving elected officials. These are the same selfish officials who want to continue being re-elected within our self serving government which grows by bureaucratic exponential leaps every minute, hour, and day.
We think a forum of small business owners should sit-down as a representative group and get at the truth however revealing and less than pretty this cathartic process will be. A professional recording studio should be hired to 'accurately document' these 'get to the truth' sessions by other than main stream media. We know as thinking men and women the mainstream media will simply 'sound byte' or filter the content of the talks by business owners with government officials. Small business owners should be allowed and encouraged to ask clear, and specific questions of our elected officials about how these government representatives are going to specifically assist them, or at best, get out of the way of small business. The government officials should be absolutely forced to answer every question, or be asked to leave the discussion group. We as the people should get to hear these tapes on any news or talk show that agrees to air the entire tapes without censure or edit to please a political or other agenda. The tapes should also be put on the Internet.
If our government, and congress plus of course the banks are required to work with business owners to solve our jobs, or debt problems, and they do this in the right spirit, we will be well on our way to economic recovery. At the very least the depression will be shortened, and the bloated aspects of our society, and the excesses will of necessity, and when the free enterprise system is allowed to work, get adjusted. Our biggest problem is worrying about being politically correct in any process we engage-in to deal with our problems of over-spending, seeing jobs and raw materials go overseas, and allowing our import/export laws be broken in the interest of internationalism, or because we fear being labeled protectionist. Let's just take care of our business, and our people for change. Finally, we can't spend more than we make, and we can't import more than we export.
By the way, I'm not talking about so much of the yapping with a never ending stream of dogma, platitudes, and other academic nonsense ad nausea. Let's hear from people long out of school, who must daily do the myriad of daily tasks necessary for a business to succeed. I'm talking about people who actually implement the daily marketing and sales ideas they must constantly adjust to make work, and do so while they run businesses, and actually 'produce more than they consume'. Businesses must pay bills, pay-roll, and actually make a profit, while balancing their check-books. Lets see the government do this for change. In fact, the only way for the government to ever balance their books would be to allow the free-enterprise system to force the government to keep the books in the black! What do you think the chances are of this happening anytime soon?
Maybe the government ought to be forced to hear directly from 'pragmatic experts', or those businesses owners who regularly do make a profit, or go broke because of the policies of interference and taxes which are too high; and are doing so in the face of withering taxation, and greatly increasing government interference through excessive regulation, and in your face involvement in their lives. Don't you think a successful business owner might just know how and what it takes to succeed? Government fear entrepreneurs. The reason is simple, entrepreneurs get up early, and work late, and they do so while they use their brains 24 hours a day, and seven days a week. Our government employees don't get up everyday thinking about how they will make a profit, and keep their businesses going. Government officials wake-up everyday trying to figure out how to respond correctly to lobbying groups, and spend a lot of their time working on ways to get re-elected after their terms are over. This must be a lot of pressure for them.
When you are trying to build a business you take few vacations, and certainly don't take national holidays off. We need to get back to work and this isn't going to happen if half or more of the population is being supported by the half who works for a living. Actually, the number of entrepreneurs is shrinking, or moving out of the US. We've lost many of the most talented for ever. You can thank an overzealous, and loud minority of complainers, and our country's 'never do wells', and of course, our lobbyists who use the 'squeaky wheel gets the grease approach' to keeping the ear of the self-serving elected officials. These are the same selfish officials who want to continue being re-elected within our self serving government which grows by bureaucratic exponential leaps every minute, hour, and day.
We think a forum of small business owners should sit-down as a representative group and get at the truth however revealing and less than pretty this cathartic process will be. A professional recording studio should be hired to 'accurately document' these 'get to the truth' sessions by other than main stream media. We know as thinking men and women the mainstream media will simply 'sound byte' or filter the content of the talks by business owners with government officials. Small business owners should be allowed and encouraged to ask clear, and specific questions of our elected officials about how these government representatives are going to specifically assist them, or at best, get out of the way of small business. The government officials should be absolutely forced to answer every question, or be asked to leave the discussion group. We as the people should get to hear these tapes on any news or talk show that agrees to air the entire tapes without censure or edit to please a political or other agenda. The tapes should also be put on the Internet.
If our government, and congress plus of course the banks are required to work with business owners to solve our jobs, or debt problems, and they do this in the right spirit, we will be well on our way to economic recovery. At the very least the depression will be shortened, and the bloated aspects of our society, and the excesses will of necessity, and when the free enterprise system is allowed to work, get adjusted. Our biggest problem is worrying about being politically correct in any process we engage-in to deal with our problems of over-spending, seeing jobs and raw materials go overseas, and allowing our import/export laws be broken in the interest of internationalism, or because we fear being labeled protectionist. Let's just take care of our business, and our people for change. Finally, we can't spend more than we make, and we can't import more than we export.
Friday, February 6, 2009
http://www.whiskeyandgunpowder.comThere is an excellent pedagogical or seminal report today by Bryon King about the history of our government's role in taking this country from recession to a deep depression. Depressing, but helpful, if you want to remove the puss, by breaking the scab, and letting clean blood flow out of an infected wound to allow the wound to heal.
Friday, January 30, 2009
Exxon Mobil sets record with $45.2 billion profit - Yahoo! News
Exxon Mobil sets record with $45.2 billion profit - Yahoo! News
Here is a report with some perspective on profits, and pull-backs resulting from price drops, and a few comments about smaller oil & gas companies, and producers and how they are faring as well. A 3% reduction in available production supply is seen as troubling.
Here is a report with some perspective on profits, and pull-backs resulting from price drops, and a few comments about smaller oil & gas companies, and producers and how they are faring as well. A 3% reduction in available production supply is seen as troubling.
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