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Michael F,
I say let's kick the hyrdocarbon habit altogether. That stuff is a
depleting asset that pollutes our enviorment. Oil has caused us big trouble
in the past and it is going to cause big trouble in the future.. Think of
the billions being spent on the war and being given to the airlines. If we
directed a fraction of that amount toward a serious alternative energy
research we would soon have a way to kick the oil habit. We could save
billiions and save our enviroment for future generations.
For example, I could be stupid, run a heat pump for my swimming pool and
spend an extra $200 per month for electricity. Instead, I have solar
heating, it costs almost nothing additioanal to operate, and my pool temp.
averages 90 degrees. Because the solar heating system has very few moving
parts, the maintanence for this system is much lower than a heat pump, for
the same initiial costs. Heat pump life expectancy is about 7 years. Solar
heating system life expectancy is about 15 years. Both cost about the same
for the initial outlay. Which would you want?
Cheers,
Norman
----- Original Message -----
From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, October 14, 2001 10:00 AM
Subject: Re: [RT] Oil!
> I still say the West should cut off all oil purchases from the Mid East.
Let
> them kill themselves over the last air conditioned limo. Let them pump oil
> into jerry jugs when all their tanks are full. And absolutely cut off
their
> access to western revenues.
>
> There is plenty of oil in other continents to supply the west for years.
It
> might not be noticeable, but the ME produces NOTHING. It supplies oil to
> producer nations. Something about their culture is totally unproductive.
It
> is destructive and merciless. We should let them have it all to
themselves.
>
> Five years or so should suffice to reduce their populations to more
> manageable levels. The sheiks will whine and beg the west to please buy
> their oil, at a discount for a friend of Rick.
>
> And the condition will simply be that the hate mongering "mullahs" will be
> disposed of. Terminated. And the criminal psychotics dealt with
> appropriately. When they have their patch cleaned up and can control the
> criminals inside their borders, the west will buy small quantities of oil
> from them, temporarily, to test the success of their self control.
>
> A five year time-out for the mid east.
>
> I know this sounds like whacko heresy to everyone who believes that the
only
> oil that works in western economies comes from eastern suppliers, BUT I
> DON'T BELIEVE IT.
>
> I am sitting very close to enough oil to run this country for years, if
only
> America was smart enough to use it.
>
> Let 'em eat sand,
>
> Michael
>
>
>
>
>
> Subject: [RT] Oil!
>
>
> > I must say that some of this 3rd party intelligence stuff regarding
Saudi
> > Arabia, murmurs out of the anti-Iraq side of the Bush administration,
and
> > Israeli actions (e.g. last night's assassination of Hamas leader) are
> giving
> > me the creeps when it comes to oil! Rick Simmons (a very respected
> > investment banker specializing in energy) wrote a piece 16-18 months ago
> > regarding the prospects for repeat of early 70's oil supply/price
shocks.
> > Prices followed his script until the recession brought down demand but
now
> > his ME scenario is perking away. It's not so much that the ME powers
don't
> > need the cash flows but that politics appear to increasingly threaten
oil
> > supplies whether it be an attack on the Alaska pipeline, overthrow of a
ME
> > government, or terrorist attacks on ME oil fields or shipping terminals.
> >
> > Earl
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
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