Thread: Oil Slick Stuff

Originally Posted by alevin

Laws of unintended consequences.

http://www.minyanville.com/businessm...d/32249?page=2

No easy way out, everyone needs energy, everyone needs food. not sure we can grow our way out of this mess soon enough without enough capital investment in non-food based energy sources. Yes Birch, I'm looking at coal stocks at the moment too. coal is dirty, but it doesn't make people starve.

Let's hear one for Clean Coal Technologies! Now that's something that makes common sense.
http://science.howstuffworks.com/env...clean-coal.htm

Originally Posted by alevin

Laws of unintended consequences.

http://www.minyanville.com/businessm...d/32249?page=2

No easy way out, everyone needs energy, everyone needs food. not sure we can grow our way out of this mess soon enough without enough capital investment in non-food based energy sources. Yes Birch, I'm looking at coal stocks at the moment too. coal is dirty, but it doesn't make people starve.

Bunk. that whole article is bunk.

We export more corn and corn products than ever before in our history.

We now are sending "dried distiller's grain", a by product of corn, as a major export product around the world. That DDG is MADE FROM THE CORN USED FOR ETHNAOL, which then produces DDG. The only thing used for ethanol is the starch. The remainder is made into cattle/pig/chicken feed and sold to farmers around the world for feed.

Never before in history have we produced as much corn as we do now, and never before as efficiently. We meet the world's demand ust fine, thank you.

As for subsidies- demand on corn means the price is high enough now that we no longer have to pay farm subsidies to corn growners like we did for decades.

No- sorry, but that story is simply flat out wrong.

Talking about BUNK, here is more of the same!
Musings: Offshore Industry: Waiting for Godot; Will He Ever Come?
by G. Allen Brooks
|
Parks Paton Hoepfl & Brown
|
Tuesday, January 18, 2011
http://www.rigzone.com/news/article....=1&a_id=103241

CRUDE $91.04 at 14:00 -.37
http://www.marketwatch.com/investing...-%20ELECTRONIC

The production of ethanol from corn uses only the starch of the corn kernel, all of the valuable protein, minerals and nutrients remain.

One bushel of corn produces about 2.7 gallons of ethanol AND 11.4 pounds of gluten feed (20% protein) AND 3 pounds of gluten meal (60% protein) AND 1.6 pounds of corn oil.

It's not an either/or.

Food AND fuel is what is being done today.

I'm not going to discuss ethanol here it's already been done in your Corn and Ethanol thread, You know I feel it isn't worth the money and is costing us more and more money every day in the form of subsidies and inflation of food stuffs and transportation costs, PLEASE!

moving to the ethanol thread, sorry nnutt. glad I can edit.

01/20/2011 - Updated 9:43 AM ET
Crude oil slumps on China tightening concerns
By Nick Godt, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures fell early Thursday, after strong growth in China fueled fears Beijing will again move to tighten monetary policy.
China’s fourth-quarter gross domestic product rose a stronger-than-expected 9.8% year over year.
Crude oil for February delivery [CLG11] recently fell 75 cents at $90.11 a barrel. http://markets.usatoday.com/custom/u...0212804637C%7D

Originally Posted by James48843

AND 11.4 pounds of gluten feed (20% protein) AND 3 pounds of gluten meal (60% protein)

Gluten.

Its whats for dinner!

Jan. 20, 2011, 11:10 a.m. EST
Oil pares decline after EIA inventories report

http://www.marketwatch.com/story/oil...ort-2011-01-20

01/21/2011 - Updated 9:22 AM ET
Crude-oil futures strengthen to $90 levelRising equities, corporate profits provide support for crude
By Steve Gelsi, MarketWatch

NEW YORK (MarketWatch) — Crude-oil futures rebounded to trade near $90 a barrel Friday, after dropping below $89 a barrel in the previous session. http://markets.usatoday.com/custom/u...0212804637C%7D