A lot of talk these days about oil vs. gold as an investment play. I’m not an investment banker (not that those guys really know what they’re talking about, either; I think that’s been made painfully clear). But oil would seem to be the obvious play here.
The biggest reason: While both resources might [...]
Monthly Archives: September 2009
Oil vs. Gold
Posted in Uncategorized 2 Comments
New York Times says “Oil Industry Sets a Brisk Pace of New Discoveries.” Is this the coming of the second age of oil?
No, it is not.
In this, a year trumpeted by oil industry folk as a giant one for discovery, the world has found 10 billion barrels of oil. How much of that is recoverable remains to be seen. Even if ALL of it is recoverable, which is basically impossible (usually it’s 30%), 10 billion [...]
Posted in Uncategorized Leave a comment
From the Annals of Common Sense: More Sleep = Less Colds.
Sleep is good.
Digg
Stumble Upon
Del.icio.us
Buzz
Posted in Uncategorized Leave a comment
Energy Secretary Steven Chu says Americans are like “Teenage Kids” when it comes to energy use.
By and large, Mr. Chu is right.
Further on in his remarks, Mr. Chu said Americans have to be educated about what is good for the environment, the grid, etc., and how we can help by altering our energy usage habits.
But merely “educating” consumers won’t change behavior a great degree, as most economists [...]
Posted in Uncategorized Leave a comment
Nuclear Power: Coming soon in a cleaner, safer and cheaper form.
Those of you who have read my book know my thoughts on nuclear power. In short, nuclear energy is not perfect, but it’s the best weapon we have in the fight against the dark enemy: coal. One of the main things holding back more nuclear power in the U.S. is simply the cost. We haven’t [...]
Posted in Uncategorized Leave a comment
NY Times reviewed $20 Per Gallon today.
The Times neither praised the book nor panned it. The review proceeded as cautious and as neutral as would seem possible, with a bit of skepticism tossed in. It was reviewed in the Business Section, however, not in Styles or Books, so that may explain the stern pragmatism of the reviewer.
Or perhaps they saw my [...]
Posted in Uncategorized Leave a comment
BP makes a “GIANT” oil discovery in the Gulf of Mexico. Should we care?
The quick answer is no, we shouldn’t care. But that’s not true for everybody. Say you’re somebody who owns BP stock, or perhaps you work at BP or maybe you’re an offshore drill rig specialist. Then you should care. Otherwise, go back to sleep and ignore those who may pelt you with worn out oil-world [...]
Posted in Uncategorized 1 Comment
