Getting Rich in the Natural Gas, Coal & Oil Patch

[Aman A.K.A. Ahamburger]

Without a doubt Ty!

I did some reading Sun, he did lots of investing in oil companies. I still want to know if the oil that leaks out naturally causes these same effect they are claiming is from a leak. The way a well works doesn't really hold factual evidence to the well leaking several KM away.

[Aman A.K.A. Ahamburger]

Amazing!

There is a reason that Canada is not a part of OPEC!

America May Not Need Middle East Oil After All
www.dailyfinance.com/rtn/pr/america-may-not-need-middle-east-oil-after-all/rfid479397262/?channel=pf

[Aman A.K.A. Ahamburger]

I luv that story, LOL. That has been making the rounds as a part of the anti-XL protests. Total fear tactic, yes us evil Canadian are going to bypass our best customer, and closest allies. Not going to happen. I have been saying it for a long time, on here and other places, all of NA is going become oil exporters.

The Bakken is huge, and the push for NG cars is on! There is the eagle ford, ect, ect ,ect. Yes CDN oil will be exported, but the difference is that US refiners will make money on it, where as if we just exported it through refiners that we would have to build the US would get nothing off of what is going to be a huge part of the energy supply over the next 100 years +.

I have also pointed out a few different times that thees oil companies are all over "green" tech for the oil sands and the article I just posted outlines all that. The CDN govt wont allow these guys to sit back.

[The Virginian]

Well at least the Canadians are willing to produce oil. Even if it goes on the World Market it still helps us.

[Aman A.K.A. Ahamburger]

Sept 3, 2011 9:05:25 GMT -5 sunrnr said:

But A, uh, errr, hmmmm .... I read it on the computer so it must be true!!? Oh, wait ... I forgot there are as many sides to a story as there are stakeholders in it, eh?

Jeez, who to believe anymore???

LOL, I hear ya. I always go to logic and consistency. It's the facts in the stories I look for.

The oil sands have really been expanding in the last 20 years. As they have grown, the US's CDN oil consumption has grown. That's the thing that this story over looks. Once the oil hits TX, it's US oil. Bought on the open market from CDN producers, SU, TLM, HSE, ect.

The Bakken in ND will also be part of this line, there isn't enough pipe in ND, that's why TSO is upping its shipping on rails next year. There will be loading spots for US extracted oil on the XL line as well.

Then we get into the NG part, there are several articles with factual evidence of NG autos, NG power, ect posted. As the US switches over to NG for autos, US oil consumption will slow. However, developing economies demand will not slow down.

There is new finds in TX, and PA that we all know about, there is going to have to be somewhere for all this new oil to go. This will naturally lead to selling it to the developing world.

Then into the part about the growing renewal resources part of it. This is why I think we will find balance, because Canada produces 2/3 of its power from Hydro and 6% from Biomass. ( the VC, likes the idea of Hydro dams that pull water into storage that can produce more oil from algae )

www.canadainternational.gc.ca/washington/bilat_can/energy-energie.aspx?lang=eng

We(NA) are finding balance with our energy production, while the developing world need lots of fossil fuels to keep growing fast enough to keep their people happy. The oil here will go there to help them out, that is why I believe that all of NA will become oil exporters in the future.

Especially when you look at China saying that they are holding off on Iranian development because the don't want to piss their American Allies off. Out of the region but they still love them some USD, no matter where it's coming from.. WE win!

[tyfighter3]

It will be several years before we export a lot of our oil and gas. Reason why, below.
www.investingdaily.com/pf/18062/us-shale-oil-plays.html

[Aman A.K.A. Ahamburger]

That's another reason there is a push for the Keystone XL.. 80k righ now. Way more in the future. Those could also be in the USA!!

How about shell signing a deal with Wesport Innovations? Add that in with the Billion that CHK has announced recently and it's looking like the business are doing what they have to, again.

Shell to produce LNG for heavy-duty trucks
www.ctv.ca/generic/generated/static/business/article2157299.html

Shell plans Calgary LNG plant
www.cbc.ca/news/business/story/2011/09/07/shell-calgary-lng.html

Some other great articles, this coal power plant is really amazing!

New Keephills $2-billion plant joins Alberta power grid
www.edmontonjournal.com/news/Keephills+billion+plant+joins+Alberta+power+grid/5347733/story.html

Amid oil sands growth, a boom for natural gas
www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/amid-oil-sands-growth-a-boom-for-natural-gas/article2149379/

Tri-State won't rule out coal-fired plant, despite activist objections
www.denverpost.com/business/ci_18784258?source=rss

[Aman A.K.A. Ahamburger]

Some more oil coming online.. It really doesn't look good for peak oil.. Especially when guys like BTI and his son make it from algae!

Neuquen conventional oil discovery completed
www.ogj.com/articles/2011/09/neuquen-conventional-oil-discovery-completed.html

[Aman A.K.A. Ahamburger]

Natural gas is going to be the way of the future for sure. Shell has basically guaranteeing that. We have been running nat gas forever in our City plant and we are adding 3 more turbines and steam generators. Gotta luv the renewable aspects of NG!!

QE station receives $550M boost

Production to increase substantially
www.thestarphoenix.com/technology/station+receives+550M+boost/5446005/story.html

[Aman A.K.A. Ahamburger]

That's exactly it sun! Another great example of the reinvention that is taking place, in the home and birthplace of freedom, eh!

[Aman A.K.A. Ahamburger]

I agree there is tension. Harper seemed pretty confident that Obama would sign off. I guess we will see. It's an interesting quote. I don't know the whole back story but I am assuming there is for a lack of better word, conspiracy, to drain water from the midwwest?

I think sometimes just random ideas get spun out of context, however, it will be 100 yrs at least before that would be an issue, I have a feeling that the pipe will be replace, moved, expanded, by then.

[tyfighter3]

Yep, 100 years at least.

[Aman A.K.A. Ahamburger]

There is a TON of oil up here.

[tyfighter3]

I'm glad they are starting to see things better now.
www.ogj.com/articles/2011/09/energy-tax-incentive-hearing-focuses-on-ngvs-bill.html

[Aman A.K.A. Ahamburger]

Huge Ty, absolutely huge!! It's in the bag! ;D

[Aman A.K.A. Ahamburger]

It's always a game with those guys.. It's like a bidding war, start with the most and more and end up with some of what you want. JMO.

[Aman A.K.A. Ahamburger]

It's all good. What it seems like to me, is a bunch of bureaucrats trying to appease all these people out there that are against all this development.(while lining their pockets no conspiracy there, just reality) Protesters and all the bleeding hearts that think that the USA and it's corporations are the source of every problem ever, and the inventor of greed, bands like Peal Jam, they all keep this going big time. If people would wake up and realize that business is why we are here they would really feel a lot better. The reality is this, IMO...

Which of the two houses below belongs to the environmentalist?
www.canadafreepress.com/gore-bush-house.htm

I think the tailings ponds need to be developed properly, just like the CAPP is doing, and I think that CO2 capture is good because it can regenerate oil fields.. Making more oil available, plus you can use the Co2 to make Algae that could make oil products. There is nothing wrong with recycling!!

[Aman A.K.A. Ahamburger]

Funny thing is sunrnr. The EPA was already snubbed by Obama, and regulations on what really drives the American engine are about to be removed.. Why?... There is NO more money for the govts to spend.. AKA Socialism is DEAD!

Red tape slows dozens of US infrastructure projects
www.reuters.com/article/2011/09/30/usa-obama-infrastructure-idUSS1E78T0SI20110930

Administration officials would not discuss proposals while they were under review, but transportation and construction groups say there are at minimum 50 projects in the permit process that could qualify for faster treatment.

Most are winding their way through a federal, state and local maze that often takes several years and can last between 15 and 20 years for the biggest proposals.

The $2.4 billion Wilson Bridge project linking suburban Maryland and Virginia along the I-95 highway was built under the nose of the U.S. government and took 18 years from proposal to ribbon-cutting in 2006. Boston's notorious "Big Dig" tunnel/highway project took 30 years from conception to completion.

"It's just the whole process itself. The way we build things in this country ensures that it will take decades," said Mark Policinski, executive director and chief executive of the Ohio Kentucky Indiana Regional Council of Governments.

Some of the 50 projects could be considered high priority by the federal government and create tens of thousands of jobs, said experts, who include a former government official familiar with the infrastructure bureaucracy.

Build and jobs will come: economists
www.thestarphoenix.com/business/Build+jobs+will+come+economists/5474371/story.html

[tyfighter3]

I built a 60 acre subdivision that took me 3 to 4 years just to get through the County crap and only 2 1/2 years to sell out the lots.

[Aman A.K.A. Ahamburger]

Unreal.. Time to cut the red tape!

Some NG news..

GE Sees Energy Sales Doubling to $100 Billion Amid ‘Inflection’
news.businessweek.com/article.asp?documentKey=1376-LRTXWD6VDKHY01-2R5H0F586OF090F7DLRG9LHKED

LNG Energy, TransAtlantic Worldwide close farm-in transaction
explorationanddevelopment.energy-business-review.com/news/lng-energy-transatlantic-worldwide-close-farm-in-transaction-260911

[Aman A.K.A. Ahamburger]

Let's kick this off..

First we have some more people recognizing that NG is the KEY to US's energy future, and how many jobs will be supported by switching just the basic infrastructure over.

Natural gas pipeline infrastructure key to U.S. energy future
www.mycentraljersey.com/article/20111007/NJOPINION03/310070014/Natural-gas-pipeline-infrastructure-key-U-S-energy-future?odyssey=nav|head

Some really amazing breakthroughs that prove we are just getting started.

Oil and Solar Become Partners
www.fool.com/investing/general/2011/10/05/oil-and-solar-become-partners.aspx

Revolutionary Oil Skimmer Nets $1 Million X Prize
www.npr.org/2011/10/19/141481055/revolutionary-oil-skimmer-nets-1-million-x-prize

More potential.

Keystone XL to Stimulate Employment in Texas
www.rigzone.com/news/article.asp?a_id=111179

Natural-gas-fired plant proposed for Troutdale's former Reynolds Aluminum plant, just a mile from Columbia River Gorge
www.oregonlive.com/environment/index.ssf/2011/10/nature_gas-fired_plant_propose.html

UGI buys Royal Dutch Shell LPG businesses in Europe
www.bizjournals.com/philadelphia/news/2011/10/14/ugi-buys-royal-dutch-shell-lpg.html

Then there is my favorite, technology proving the D&G wrong. Once again, progress trumps negativity!

A peak oil Technocrat ignored the power of technology
www.theglobeandmail.com/report-on-business/commentary/neil-reynolds/a-peak-oil-technocrat-ignored-the-power-of-technology/article2190763/

[Aman A.K.A. Ahamburger]

Check it out. More fuel from a stable source.

Ga. debates plan for natural gas filling stations
www.canadianbusiness.com/article/53806--ga-debates-plan-for-natural-gas-filling-stations

NRG Energy says it’s ready to finish plant
www.myrecordjournal.com/meriden/article_19d8686e-f177-11e0-bc6e-001cc4c03286.html

Canadian oil will be a great place to make some money long term.

Kitimat, B.C.: Ground zero in the race to fuel Asia
www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/kitimat-bc-ground-zero-in-the-race-to-fuel-asia/article2195213/

[Aman A.K.A. Ahamburger]

SoCalGas to add 1,000 natural gas trucks
www.bizjournals.com/losangeles/news/2011/11/22/socalgas-to-add-1000-natural-gas-trucks.html

Honeywell UOP Technology Used to Clean Natural Gas on Floating Production, Storage and Offloading (FPSO) Vessels in Brazil
www.dailyfinance.com/rtn/pr/honeywell-uop-technology-used-to-clean-natural-gas-on-floating-production-storage-and-offloading-fpso-vessels-in-brazil/rfid504327691/?channel=pf

Shell: Iraq natural gas joint venture gets final approva
www.pennenergy.com/index/articles/display.articles.pennenergy.petroleum.exploration.2011.11.shell_-iraq_natural.QP129867.dcmp=rss.page=1.html

[Aman A.K.A. Ahamburger]

Ohio Shale Drilling Spurs Job Hopes in Rust Belt
abcnews.go.com/US/wireStory/ohio-shale-drilling-spurs-job-hopes-rust-belt-15036274#.TtMsQ7Ik6dA

[Aman A.K.A. Ahamburger]

More of that American Renaissance happening.

Natural Gas Fueling Stations Popping Up Around The Country
peakoil.com/consumption/natural-gas-fueling-stations-popping-up-around-the-country/

Using Oil to Reduce Carbon Emissions
www.nytimes.com/2011/12/12/business/global/12iht-green12.html

$1 billion refinery addition proposed
www.delawareonline.com/article/20111222/NEWS08/112220335/1006/rss

Some more from the North.

Arctic oil and natural gas potential
peakoil.com/geology/arctic-oil-and-natural-gas-potential/

GE Opens Oilsands Support Centre In Fort McMurray
www.newtechmagazine.com/news/ge-opens-oilsands-support-centre-in-fort-mcmurray/1000756664/?ref=rss

[Aman A.K.A. Ahamburger]

I have to give this on an all cap and a bold!

AMERICAN INGENUITY AT ITS BEST!!!

Oil is being made from our pollution!! HA!

Carbon Sciences Introduces Carboncrude
www.dailyfinance.com/rtn/pr/carbon-sciences-introduces-carboncrude-tm/rfid518976688/?channel=pf

[Aman A.K.A. Ahamburger]

An interesting perspective on how everyone is helping everyone now.

How Qatar And Russia Just Improved Our LNG Prospects
seekingalpha.com/article/317016-how-qatar-and-russia-just-improved-our-lng-prospects?source=feed

[Aman A.K.A. Ahamburger]

More NatGas News. It will power us for years.

Gulf Coast LNG owner banks on Department of Energy approvals
Read more: Gulf Coast LNG owner banks on Department of Energy approvals - Pittsburgh Tribune-Review www.pittsburghlive.com/x/pittsburghtrib/business/s_777085.html#ixzz1jyj1Ydfp
www.pittsburghlive.com/x/pittsburghtrib/business/s_777085.html

Shale drilling affects rest of energy sector
www.pittsburghlive.com/x/pittsburghtrib/business/s_777084.html

[Aman A.K.A. Ahamburger]

Some great info on why NatGas power is a great option.

Nat Gas: A Foundational Fuel For The Economy With A Surplus That Will Keep Prices Low For Years
www.dailymarkets.com/economy/2012/01/21/nat-gas-a-foundational-fuel-for-the-economy-with-a-surplus-that-will-keep-prices-low-for-years/

“Craig Schwartz’s heating bill tells the story of a natural gas industry upheaval that’s rippling through North Carolina. First, take a look at Schwartz’s natural gas bill for December: $73.69. Then look at December 2010, just a year before. The Raleigh computer scientist paid nearly twice as much: $134.14. Now spread those numbers out over several months, and quite likely years.

“That’s huge,” Schwartz said. “I’ll take $200 to $300 bucks a year in natural gas savings, no problem.”

[Aman A.K.A. Ahamburger]

Some good news if you own say... SU... This is why I think there is enough oil to get us through... If only the people that don't support the XL would realize that it's about more than just the environment.

The Bakken Crude Discount: A Reversal Of Fortune Coming Soon
seekingalpha.com/article/363191-the-bakken-crude-discount-a-reversal-of-fortune-coming-soon?source=marketwatch

However, the reversal of fortune I mentioned in this article's title has to do with the reversal of the Seaway pipeline enabling it to send crude from Cushing, Okla. to the Gulf coast at Freeport, Texas (crude used to flow in the opposite direction). The Seaway pipeline, which COP recently sold to Enbridge (ENB), can carry up to 400,000 barrels of oil a day. This will greatly alleviate the glut at Cushing and make way for more Bakken crude to enter the system at higher prices. Last I heard, Seaway work is progressing nicely and the flow south should begin mid 2012.