BarryinMN
Platinum Member
California Energy Commission Home Page
Here is some stuff. They (CA) are buying in and expecting leverage ratios of 10:1 up up 18:1. The State is seriously broke but then again it's LA LA land.
Today's LA times writeup. Ports' clean-rig program puts truckers in more comfortable driver's seat - Los Angeles Times
T. Boone Pickens sold out of oil, moved into alternative: wind turbines, etc. and got jammed up like everybody else when credit stopped.
Al Gore has underwritten his (to the tune of $300 Million) cap & trade "stock market." Washington is looking at giving Al the golden goose and the golden egg. We ratepayers that buy electricity from "dirty coal" are going to get the proverbial shaft.
At last years congressional "big oil assault" what I heard was oil should be ~ $50 bbl. NYC hedge fund traders, oil co's, and others drove the price into the red zone and when the bubble burst the last out went bankrupt. Suddenly there was neither a shortage of crude or refining capacity.
Here is some stuff. They (CA) are buying in and expecting leverage ratios of 10:1 up up 18:1. The State is seriously broke but then again it's LA LA land.
Today's LA times writeup. Ports' clean-rig program puts truckers in more comfortable driver's seat - Los Angeles Times
T. Boone Pickens sold out of oil, moved into alternative: wind turbines, etc. and got jammed up like everybody else when credit stopped.
Al Gore has underwritten his (to the tune of $300 Million) cap & trade "stock market." Washington is looking at giving Al the golden goose and the golden egg. We ratepayers that buy electricity from "dirty coal" are going to get the proverbial shaft.
At last years congressional "big oil assault" what I heard was oil should be ~ $50 bbl. NYC hedge fund traders, oil co's, and others drove the price into the red zone and when the bubble burst the last out went bankrupt. Suddenly there was neither a shortage of crude or refining capacity.