Posted on December 6th, 2007 by
from Mat
For the first time in 32 years the Congress is actually doing something about the real energy crisis here at home in America. I’m not talking about supply and demand. I’m talking about the reality that our nation is ruled by OIL. All hail his Majesty the King paid for by a generous donation by Exxon Mobil, Texaco, Chevron and Shell etc, etc.
America has a demand problem and as the largest market user of all oil based products in the world there is a market to manipulate when the ones producing the product are netting mega billions a quarter. I’m funny that way, billions of dollars in profit’s a quarter, hmm do you think they are using that profit for the greater good? I don’t think so either. Trillions are to be made on the open market and when you have billions of dollars piling up quarter after quarter it posses a ledger problem that becomes an accountants nightmare. If it isn’t spent on “Research and Development or other purposes investing in the corporation then those profits are taxable. Then again, maybe not given all the subsidies to the oil companies under W.
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Posted on November 18th, 2007 by
from Mat
There is not one person that knows the oil business better than the folks in Saudi Arabia when it comes to supply and demand on the world oil market. Even Saudi Arabia is wondering how the world of oil market speculation has the price of a barrel of oil tempting at the hundred dollar mark. With that thought in mind the nation of Saudi Arabia is exploring for new oil fields with all of the new technology available to ramp up production thus saying to oil market speculators in the market, Screw YOU!
Wall Street can play the game and pocket the cash but I’m thinking that the producers of oil in the world are looking at the bigger picture and alternative energy sources are more than attractive with oil at one hundred dollars a barrel. That is and will be a direct effect to the bottom line of all oil producing exporting countries, aka OPEC. Oil has only been the main source of heating and vehicle power because it was cheap and affordable to the masses. That is no longer the case.
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Posted on October 6th, 2007 by
from Mat
I’ve been watching many of the candidates on the Democrat side of the election process for President and I’m finding myself surprised that Senator Clinton has my interest raised. I’ve known since her husband was President that she was a believer in science and understandin g our bodies and our world is a never ending investigatio n, I did not know that she was so committed to unleashing our nations brainiacs and scientists to solve many of the ills that the current President silenced.
Stem cell research needs more than just the private sector to make considerable progress. Stem cell research needs the freedom of our universities and colleges to experiment without fear of losing federal grants or funding. Stem cell research is the science of our human future and without it many of the debilitating or life ending diseases will shorten the life span of many Americans.
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