VAT is working on producing the world largest Oil Tank

[bimetalaupt]

www.bloomberg.com/news/articles/2015-03-19/in-a-world-awash-with-crude-oil-storage-companies-are-kingsThis is on the Project only as shares are NOT on the public market.
VAT is in the early stages of a large project to erect the largest public storage of WTI for future oil use in the basin.  We hope to be able to reduce the price differential with Cussing, OK by at least 1%.  We also hope our cost to be less the $0.25 per month.  Currently we have one offer to fund 100% of the project if we allow the firm to  sell future rights too. 

Just a thought,
BiMetalAuPt

link to article below
Jean Francois Lambert is our lead banker in London is with HSBC and he is the Oil Expert
www.bloomberg.com/news/articles/2015-03-19/in-a-world-awash-with-crude-oil-storage-companies-are-kings

[Aman A.K.A. Ahamburger]

Well, ain't that a fine "how do ya do?"

[bimetalaupt]

Sept 7, 2015 0:18:24 GMT -5 Aman A.K.A. Ahamburger said:

Well, ain't that a fine "how do ya do?"

Now for the future,  Convert tar sand to WTIE with a holding and export profit on $0.25 per month/ 42 gal of WTI.

Just a thought, Bruce

[Aman A.K.A. Ahamburger]

The question is, ; how much can you fill at the current Calgary to WTI rate+currency discount to pay for the giant tank?? Does that leave money for cash flow at .25 dollars? Either way.. Ain't that a fine how do ya do??

[bimetalaupt]

A+++++,
At 0.25% monthly we are looking at 15% roe because this only cost per month expressed as Monthly. 
the CH4 and RR are input cost the seller faces.  We are working better.  Detail on e-mail

PS: Nikkei at this time is up 6+% at this time!! now up 7.7% ( up 1,343)

[Aman A.K.A. Ahamburger]

Sept 9, 2015 1:09:39 GMT -5 bimetalaupt said:

PS: Nikkei at this time is up 6+% at this time!! now up 7.7% ( up 1,343)

I hear ya! In a different world where Putin didn't destabilize eastern Europe and allow the jihad to spread across Europe we would watch China wash out over the next 6-12 months, and the trend of true free enterprise would start a new cycle that would have been the start of something great... Ah well, what's another 7-9 years in the grand scheme of things? Especially when you get to call North America home.

[bimetalaupt]

Oil rallies as gasoline demand offsets U.S. crude build
Reuters By Barani Krishnan
1 hour ago



An oil pump jack pumps oil in a field near Calgary
.

View photo
An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. REUTERS/Todd Korol

By Barani Krishnan
NEW YORK (Reuters) - Oil prices rallied on Thursday, with U.S. crude settling up 4 percent as indications of strong demand for gasoline overshadowed a report showing increased U.S. crude inventories.

A weaker dollar also made dollar-denominated crude more affordable to holders of the euro, while gains on Wall Street enhanced bullish sentiment in oil markets.

finance.yahoo.com/news/oil-prices-rise-ahead-u-data-asia-weighs-090043850--business.html

[Aman A.K.A. Ahamburger]

That's what we call the strength in the weakness, right there! Demand from the outside is weak - but won't be forever (storage). Gasoline is being used up domestically, must be all those new cars on the road in the U.S. of A.

[tyfighter3]

Bruce, how many barrels does this tank hold?

[bimetalaupt]

Sept 11, 2015 18:52:25 GMT -5 tyfighter3 said:

Bruce, how many barrels does this tank hold?

I DO NOT THINK WE KNOW YET DUE TO PROBLEMS WITH WEAK GROUND?

[Aman A.K.A. Ahamburger]

I'll say! We're going to have to build a foundation like we were constructing an 80 story building in the middle of the desert! The inside will probably resemble a suspension bridge, and the steel beam supports throughout will be just awesome to see!

[bimetalaupt]

IT IS ALMOST 5AM :ONE MORE NIGHT SPENT WITH SLEEP.

IF AND ONLY IF

A: GET A 100% AGREMENT TO BUY CRUDE FOR A FIX PRICE AS NEEDED: fob TEXAS

B: IF WE GET 100% OF THE FREE NG AT THE CRACKER /REFORMER

C: IF WE GET AN OFFER TO RENT AT LEAST COST FOR THE ROOM NEEDED TO MAKE THIS PROJECT PAY AND GIVE THE TRUST 10% RETURN ON OUR EQUITY

D: GO TEXAS: OR AS WE CALLED MY UNIVERCITY : THE UNIVERCITY!!

IF WE SELL ANY UNITS IT MUST BE UNDERSTOOD THESE ARE HIGH RISK: ALL WHO ARE INTERESTED WRITE FTI.

JUST A THOUGHT,

Bruce

yes I can spell but at 100,000 members it is A CITY. university is listed not UNIVERCITY!!

[bimetalaupt]

B: I SHOULD HAVE STATED THAT WHAT MEAN IS THE GAS THAT IS BEING FLARED.  LIKE TEXAS UTILITY WE ARE AFTER A LOW PRICE FOR WASTED GAS.

Just a thought,

BiMetalAuPt

[Aman A.K.A. Ahamburger]

Hey now! You need to be getting your beauty rest!!!

A&B shouldn't be a problem for a couple of seasoned vets.

C: I know for a fact that Cenvous will fire every last employee before they stop production. I know you seen how much more long term lease rates are up here than what your projections where.. what was that again? Discount value added??

Later my friend!

[Aman A.K.A. Ahamburger]

Oh, C: VOLUME!!!

The design concept I sent you last night should make that ratio easy to hit. How about 15 stories tall and like 5-10 city blocks wide at the widest point.

D: How about go OURcities?

[tyfighter3]

And how close would it be to pipelines to move this oil? And how much in cost to put it in? How long to put it into production where we would be able to get a return? How much added cost would there be in that aspect of the deal? And just Where is this tank going to be at?

[Aman A.K.A. Ahamburger]

Sept 13, 2015 17:15:49 GMT -5 bimetalaupt said:

Remember: a lot has to work to make this work as it is all about $$$$$$$.

Just a thought.

Bruce

Bruce,

I realized that when you said you guys were going to London it was probably more figurative that literal.

Oy!

God bless,

[Aman A.K.A. Ahamburger]

Who needs a pipeline when you got trains!

[bimetalaupt]

The great debate for the Green family was about the wide track tracks ( three Steel tracks) vs one standard track. I agree with my great grand dad about the wide track for the heavies. Heavies could carry 50% more oil.  With that SAID we may use the same tanks with larger bogies?
What I do not understand in London is how they want to use 100% debt to fund the project of oil tank.  My credit is ok but that too aggressive for me.  I would be ok with 50/50.  Thoughts?

Just a thought,
Bruce aka BiMetalAuPt

PS: the trip was a trip from Hell except one great lunch at the French Restaurant know as the Square ( Mayfair ). 
Great coffee!!  

[Aman A.K.A. Ahamburger]

the trip was a trip from Hell

I can't believe that you have been to London and back already this week! I sure wish we were at the point where I could have gone in your stead. I keep thinking about Danny Glover.

What I do not understand in London is how they want to use 100% debt to fund the project of oil tank. My credit is ok but that too aggressive for me. I would be ok with 50/50. Thoughts?

Of course! Any banker worth their salt is going to want to lend you the cash for the whole project.

My thoughts on what he might be thinking is that the tank is a for sure thing so with it financed you have cash flow to work on the other aspects of the project. Like the one that analyst was saying will be worth 10,000% more - if the company can make it - which we will because we aren't reinventing the wheel....

With that SAID we may use the same tanks with larger bogies?

It only took two days?? Trucks are what we call them on this side of the pond.. If we are coming down from Canada we will need the heavier trucks, you know how our lines are up here. Wouldn't the heavier trucks make it so that we could have more tank capacity??

Happy the trip went safely! I better get some work done around here or my duchess will be hot under to collar..

Later,

[bimetalaupt]

On the other hand HD is down today. With 20% cash I am Dangerous today!!!
At 52% T-Bonds and cash I see a large buy stock in my future.  HD has a target of 131+..

Now that is a problem!!

Just a thought,
BiMetalAuPt

[tyfighter3]

The cost of the Tank IS going to be the Cost that can be known to being built. The cost to get the product into that tank is the unknown and how much that will cost. Pipelines are probably the cheapest and safest way but you will need a big one to get the volume you need to fill it.

[Aman A.K.A. Ahamburger]

If you buy a large enough quantity from the tar sands right now you can lock in a killer price right and that can be held to use for margin trading, on the MMX-ALPHA 50/50 system. +

The rest of it will be contracted at a discount to Canadian long term storage, so that we can lock in too. +

The pipeline would work right now because it's probably cheap. Which is also why there is bad blood with the pipeline guy.  Then when things ramp up prices go up because it's needed so then you can't fix that cost. Plus, look at the keystone debacle... +

Plus, there is the problem that Bruce and his Grandfather always dreamed of owning rail cars.. +

The cracker is module so it can go up relativity quickly compared ‎to other operations. Plus, we have the added bonus of making money selling electricity with our cracker. +

10% annually my ass.

[Aman A.K.A. Ahamburger]

Sept 18, 2015 11:45:55 GMT -5 bimetalaupt said:

On the other hand HD is down today. With 20% cash I am Dangerous today!!!
At 52% T-Bonds and cash I see a large buy stock in my future.  HD has a target of 131+..

Now that is a problem!!

Just a thought,
BiMetalAuPt

Now that, that is all settled...

You're dangerous? How about a Lethal Weapon?

[bimetalaupt]

What we could do in China building the largest tank in the unused economic districts and teaching the locals to trade oil futures.  Just think of the possibilities as they love risk and REIT will receive monthly income!!


WIN- WIN-WIN FOR WYNN

JUST A THOUGHT ;

BiMetalAuPt

[Aman A.K.A. Ahamburger]

That's going to be a great market to be in once the Chinese people return from war and demand their freedom! But, how about the second biggest tank in the world? Everything is always bigger in Texas, right?

I always thought is would be kinda cool to own one of these ghost cities once China goes broke. Some of them will fill up over the long term because they will be needed. They just don't need any more, at all. That's why their inventory continues to build while sales have "improved."

How awesome is it that we will need like 200 acres of land and we can just repeat this process, eh?

[bimetalaupt]

Clinton Says Crude Oil Export Ban Shouldn't be Lifted
Bloomberg By Jennifer Epstein
September 18, 2015 1:48 PM




In general, in the absence of a broader energy plan that does include concessions from the oil and gas industry, I don’t think that ban should be lifted,” Hillary Clinton tells reporters.

NOTE: House cmte yesterday approved measure to end 40-year old restrictions on U.S. crude-oil exports; related story
finance.yahoo.com/news/clinton-says-crude-oil-export-174818425.html
More from Bloomberg.com+

Read Clinton Says Crude Oil Export Ban Shouldn't be Lifted on bloombergpolitics.com

[tyfighter3]

They have a rider on the bill about the Iran Deal. If it passes OBama will veto it anyway. What duce bags.

[Aman A.K.A. Ahamburger]

Oct 7, 2015 10:28:20 GMT -5 tyfighter3 said:

They have a rider on the bill about the Iran Deal. If it passes OBama will veto it anyway. What duce bags.

Hahah, yep! It's all a moot point anyway.

Thanks for keeping the glut story alive while we finalize the deal, Mrs. Clinton. Soon enough, the energy landscape changes forever!!

[bimetalaupt]

Sam Zel is correct : over a 50% odds of an recession /Depression over the next 5 quarters.  Prices are declining as the $$$$ go into the matrices.  I do think MMXVI-Alpha did a good job of projection the dates of Oct 15 again.  It may not have been the bottom but a fine example of the area to buy every  year. I may just hold cash   Kash is King and TAJA Queen.

Sam Zell: Wall Street, Main Street out of sync
The stock market is out of sync with Main Street, billionaire investor Sam Zell said Wednesday.

"The best example I can give you was Monday when the stock market was ... down 300 [points] and everything was horrific," Zell said. "I looked at the screen and said I don't think there's anything that I want to buy."

"I didn't see anything that jumped up and said ... that's value," he said. "We subsequently had a recovery that I don't think fits any economic judgment."

He added, "There's a significant missing of demand, not only in the United States but worldwide."

The chairman of Equity Group Investments told CNBC's "Squawk Box" there continues to be a disparity between reality and Wall Street.

The last time he was on the program in April, Zell predicted a correction in the stock market, which came to pass in recent months.

He said Wednesday that understanding what quantitative easing and low interest rates from the Federal Reserve actually means for stocks remains a long way off.

www.cnbc.com/2015/10/07/sam-zell-wall-street-main-street-out-of-sync.html?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=103058322

As Zel pointed out there is no urgency to invest if rates are going to be zero for the next six years. 

Just a thought,
BiMetalAuPt


















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