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Is Twenty in Ten Plan Realistic? |
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Competition for Gas Heats Up |
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In The Dark On Greenhouse Gases |
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3rd Quarter 2007 Crude Oil |
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3rd Quarter 2007 Natural Gas |
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Confessions of a Professional Fantasy
Football Player |
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I just returned from the annual pacesetter
conference in Greenwich, Connecticut where I listened for three days to
well known experts from around the world speak on the energy industry
and all the issues affecting it.
It was a fascinating array of energy industry insiders, Wall Street
analysts, and geo-political experts all giving great information,
insights, and predictions on energy. The recurring theme of it all was
that going forward energy supplies will have a hard time meeting demand
for two main reasons.
Read More
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Lower Minimum
Investments Now Available for Energy Royalties
Royalties for an IRA
Traditionally, individual investors have not had the opportunity to
own large, diversified portfolios of Royalty properties. Royalties have
typically been owned by either extremely wealthy families in the Oil &
Gas industry, or by institutions like Harvard and Stanford Universities.
Read More |
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INFLATION - ADJUSTED PRICE FOR GASOLINE |
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The average price of a gallon of gasoline was
$1.42 in March 1981. That price is equal to $3.292 a gallon in today's
dollars after adjusting for inflation, a record that was almost broken on
5/27/07. (i.e., the Thursday before Memorial Day) when the average price of
a gallon of gasoline reached $3.227
(Source: International Energy Agency, Wall Street Journal). |
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OIL TRIVIA |
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Worldwide demand for
oil is expected to reach 88 million barrels a day by the 4th quarter
2007. i.e., 1 billion barrels of oil will be consumed on average every
11 1/2 days (Source: Wall Street
Journal). |
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BARRELS INTO GALLONS |
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Our country's usage of oil is equal to 2.9
gallons consumed every day for each of our nation's 302 million citizens.
Americans consume 13 times more oil each day when compared to the average
Chinese citizen (Source: BTN Research,
Wall Street Journal and Census Bureau). |
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LUCKY SEVEN |
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75% of the world's proven oil reserves are
found in just 7 countries - Saudi Arabia, Iran, Iraq, Kuwait, the United
Arab Emirates, Venezuela and Russia. There are 193 countries in the world
(Source: British Petroleum, The
Economist). |
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(Recommended Reading Titles)
Oil on the Brain:
Adventures from the Pump to the Pipeline
by Lisa Margonelli
www.amazon.com
The Party's Over
by Richard
Heinberg
www.amazon.com
The Tax Free Exchange Loophole
by Jack Cummings
www.amazon.com |
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"For the resolute and determined there is time and
opportunity."
~ Ralph Waldo Emerson |
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Is Twenty in Ten Plan Realistic
Supply and Transportation of
Ethanol Voiced as Big Obstacles
Even
though U.S. automobile makers and oil refiners support President Bush’s goal
to dramatically reduce dependence of foreign energy sources by reducing the
country’s overall consumption of
Read More
Competition For Gas Heats up
Cool U.S. Plans
Most of the
nation’s natural gas import capacity remains idle even though all over the
United States heat bills soar and natural gas prices are flaming toward new
heights. Read More
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>>
Last 12 Months CRUDE OIL RATES |
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October 2, 2006 -
October 3, 2007
WTRG Economics ©2007
www.wtrg.com
(479) 293-4081 |
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>>
Last 12 Months NATURAL GAS RATES |
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October 2, 2006 - October
3, 2007
WTRG Economics ©2007
www.wtrg.com
(479) 293-4081 |
In The Dark On
Greenhouse Gases
by Madison Capital Investments
In a recent survey conducted by the American Institute of Architects (AIA),
seven percent of those who responded identified buildings as the top
contributor to greenhouse gas emissions and forty percent indicated they
believed the primary contributor to be cars and trucks. (Read
More) |
Source: Real Estate Research Corp.
Confessions of a Professional Fantasy Football Player
by Lenny Pappano,
Draft Sharks
Here’s
an axiom (and confession) that might shock some folks: All fantasy owners
are more often (Read More) |
