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On March 17, Here Are 17 Charts Summarizing The US Energy Situation, And Open Thread

Tyler Durden's picture


Since at this late hour on March 17th, better known as St. Patrick's day, the only type of Oxidation-Reduction reactions our readers are interested in are those involving the conversion of ethanol into carbon dioxide, and any extensive verbalizing would be largely lost, we have decided to commemorate this day with 17 charts pertaining to those other far more valuable combustible products, namely crude, gas, and everything else that powers modern society. Luckily, since the charts are self-explanatory, they will not interfere with whatever other activities are customary for this time of day. Also, please use this post as an open thread for AA rejects.


And the most important chart:

source: Goldman sachs


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Sat, 03/17/2012 - 21:34 | 2266183 Conrad Murray
Conrad Murray's picture

I'm pretty sure this article is implying a strong buy on huffing gas.

Sat, 03/17/2012 - 21:45 | 2266212 qqqqtrader
qqqqtrader's picture

Not an energy chart,

but this chart,

seems it'll take alot more energy to boost this into positive territory!

Sat, 03/17/2012 - 22:09 | 2266272 Cheesy Bastard
Cheesy Bastard's picture

St. Patty's day open thread.  Kiss me I'm shitfaced.

Sat, 03/17/2012 - 23:12 | 2266383's picture
Police Intervene, Arrest Ron Paul Backers at Missouri Caucus


(ABC News)

Police and organizers shut down proceedings at one of Missouri's largest caucuses today, as Ron Paul supporters feuded with local GOP leaders.

"It's like the Hatfields and the McCoys around here," St. Charles County's former GOP chairman told ABC News, after police arrived on-scene with a helicopter and removed Paul backers.


Here's some video:


Sun, 03/18/2012 - 01:06 | 2266615 bigkahuna
bigkahuna's picture

If you get mad because the system is jacked and do something about it--well, the system arrests you.

Sun, 03/18/2012 - 01:39 | 2266650 Oh regional Indian
Oh regional Indian's picture

Therefore, BigK, the real key is to not do just about anything. Slow down, lie back, breathe.

Imagine if 50,000,000 people decided to stay home for a week. Drop in the bucket or butterfly that flapped it's wings?

I think energy-shocks can be "Driven" the other way too.



Sun, 03/18/2012 - 01:59 | 2266659's picture

Yeah, let's just sit back and enjoy the sunset while apparatchiks break party rules in order to either make the delegate count come out their way or shut down the entire process without any delegate selection at all.


Here's the story straight from the man who was the popular choice for caucus chairman and who was one of the two men arrested:

He ain't sitting on his ass.


This video shows the temporary chairman ignoring the nomination of Brent Stafford and selecting his own candidate against the will of the majority and without the voting required under Robert's Rules of Order by the calls for division. Then he threatens the crowd with action by the police.

Subsequently he closed the caucus with no delegates having been selected.

Sun, 03/18/2012 - 02:52 | 2266686 Oh regional Indian
Oh regional Indian's picture

Crockett, the political process is completely broken, a farce, a joke.... who does not see that yet? 

Step back, and if you step back far enough away, it changes a lot of things, perspectives especially.

I'll stand by what I said, slow down, back up, sit... the system wants us running.


Sun, 03/18/2012 - 03:37 | 2266726 AnAnonymous
AnAnonymous's picture

US citizenism is based on elitism. Chosen aristocracy.

The political process is conform to US citizenism.

Sun, 03/18/2012 - 04:49 | 2266727 i-dog
i-dog's picture

Well said, ORI.

[Edit] Ooooh! ... I see Crockett is still cruising down de Nile (furiously bailing his barbed-wire canoe).

Sun, 03/18/2012 - 12:05 | 2267128's picture

Coward. First you fight them on their terms. Your allies become radicalized by the process. Then you fight them on your terms. Grow a pair.

Sun, 03/18/2012 - 16:59 | 2267737 Pinto Currency
Pinto Currency's picture


Shale gas is underestimated - lots of Shale nat gas still to be discovered:


Information on the Marcellus Shale Gas Deposit:


Watch Westport Innoviations - WPRT-Nasdaq - game changing technology for heavy trucks, buses, medium duty trucks, locomotives and now F-250 and F-350 pickup trucks.  Refilling with liquid nat gas at retail automotive stations costs $2.80 per gasoline equivalent gallon.


Honda also makes a nat gas car and it can be refueled in your personal garage with household natural gas for $1.50 per gasoline gallon equivalent with a Phill refueler:

Sun, 03/18/2012 - 17:25 | 2267790 Flakmeister
Flakmeister's picture

You might want to google

EIA Marcellus estimate

It got ramped down recently...

You will find that it is not the panacea that it is made out to be...

You will also find that when you factor in the CAPEX for the CNG that you may very well never break even...

Do not think for a minute that NG will remain at these prices for more than 1-2 years...

Sun, 03/18/2012 - 18:01 | 2267818 Pinto Currency
Pinto Currency's picture


Be patient on Marcellus - I would be skeptical of the EIA as they are a captive gov agency.  Await industry confirmation on all of the shale nat gas estimates and treat gov stats on nat gas the way you do their CPI numbers.

There is a whole lot more nat gas that will come on line with higher gasoline prices driving the demand up.  Don't expect nat gas prices to spike the way oil prices are as we are swimming in available nat gas from the shale deposits. 

Right now you can buy LNG from retail natural gas filling stations for $2.45 per gasoline gallon equivalent.  No capex there.

The Phill residential LNG station costs $5,000.  If you travel 20,000 miles per year at 30 mpg, that's 667 gallons per year.  At $1.50 per LNG gasoline gallon equivalent for residentially sourced nat gas, you are saving $2.37 per gallon (vs. the current $3.87 per gasoline gallon).  So that is about $1,580 per year in savings vs. gas.  The Phill unit pays for itself in about 3 years.  If you drive an SUV getting 15 mpg, the unit pays for itself in 1.5 years.

If you have a nearby nat gas filling station at $2.45 per gasoline gallon equivalent of nat gas, in comparison it will take quite a bit longer to recover the capex for the home nat gas filling station (but some consumers have been known to spend federal reserve notes for convenience).


Sun, 03/18/2012 - 18:07 | 2267859 Flakmeister
Flakmeister's picture

You might want to temper your enthusiam by reading this industry insider:

NG prices will stabilize at around $7 per mcf....

You do also realize that the US is currently a net NG importer?

Let me put it this way, I would not be rushing out to convert my vehicle to CNG or to purchase a CNG vehicle...

They could well be a number of people for whom this makes sense, and to them, I say, go for it...

Also, in your computation you need to take into account the Utility delivery charges for the NG....

Sun, 03/18/2012 - 23:32 | 2267909 Pinto Currency
Pinto Currency's picture


This is a developing situation with oil prices heading much higher.  As the oil price trend continues upward with Fed Reserve paper printing and Middle East agitation, the dollars will flow into proving up the gas reserves counter to the Oil Drum article fears.

There are huge fields still to be proved-up in the US, Mexico, and Canada and they will be brought on-stream with higher prices - and yes a favorable differential to gasoline (oil) can still be maintained - the difference being the cost of imported oil vs. domestically produced nat gas.

On the residential nat gas system, allowance for utility delivery charges and electricity to operate the nat gas compressor are included.


Sun, 03/18/2012 - 04:51 | 2266763 geotrader
geotrader's picture

You ORI are a terrorist for even thinking something so.... perfect!

Sun, 03/18/2012 - 12:06 | 2267132's picture

Yeah, riding the train into Auschwitz and willingly walking into the gas chamber is a wonderful idea. How will they ever stop you from doing such a radical thing?

Sun, 03/18/2012 - 02:25 | 2266685 PersonalRespons...
PersonalResponsibility's picture

Does ANYONE there know how to turn the gain down with that litle knob on the side!!!!!!!!!!!




really... ugh!

Sun, 03/18/2012 - 10:01 | 2266945 Coast Watcher
Coast Watcher's picture

Yeah, I've read reports from two people who were at the caucus. From their accounts, it was a complete railraod job by the Santorum faction. Not just Paul people involved in the protest; the Romney supporters went absolutely ballistic. Not surprised at the way the media singled out Paul folks to blame, though.

Sat, 03/17/2012 - 22:11 | 2266279 sIewie the pi-rat
sIewie the pi-rat's picture

imagine my surprise when grandson from college shared photos of his girlfriend that he posted on this site


XXX viewers beware she's pretty hot at least to a geezer like me  XXX


kids these days...

Sat, 03/17/2012 - 22:18 | 2266300 FrankDrakman
FrankDrakman's picture

Rick Sanctimonious is going to be very, very angry with you...

Sat, 03/17/2012 - 22:26 | 2266324 ihedgemyhedges
ihedgemyhedges's picture

just shut up and pour me another Jameson's already....................

Sat, 03/17/2012 - 22:34 | 2266347 Conrad Murray
Conrad Murray's picture

Just got home from the cemetery; I had to dig up a date. Doing shots of morphine and Red Bull now. Anyone holding Swishers, I got the Critical Mass...let's make it happen.

Sat, 03/17/2012 - 23:51 | 2266483 slewie the pi-rat
Sun, 03/18/2012 - 00:59 | 2266595 Conrad Murray
Conrad Murray's picture

Be my pleasure to Tecumseh sumn with ya one day slewie. Nothing lite, 3.14 minimum of the black death. And not that norvegicus, lest it be of the Brennivin genus.

Sun, 03/18/2012 - 10:32 | 2266981 dwdollar
dwdollar's picture

So will Rick crack down on the porn addicts at the SEC or just those in the private sector?

Sat, 03/17/2012 - 22:12 | 2266282 easypoints
easypoints's picture

any asset you hold that has no tangable worth will cease to have value within three decades. Sounds impossibe, but that is the math, given the best case scenario.

Sat, 03/17/2012 - 21:54 | 2266228 Gully Foyle
Gully Foyle's picture

Hey now let's get this party started!!!

Referencing above

Obama Takes Control of ALL of the US in Prep For WWIII (done late on a Friday afternoon, of course!)

As dry and obfuscated as this is, you probably need to read it all the way through. Much of this is a rehash of claims to authorities made by previous Presidents under a series of Executive Orders collectively called the FEMO E.O.s.

So, has the President taken over the country? Technically, no. What this order states is that the President will be prepared to take over the nation in the event of a National Emergency, but again, this is not a new concept as it already occurs in prior E.O.s.

Part II assigns direct control over the nation's assets to various cabinet positions under that national emergency, but again this is merely a clarification of earlier power-grabs.

So, why now, and for what reason?

Although couched in terms of National Defense, I take special note of Part III, which sets forth several fiscal authorities not previously mentioned in the earlier Presidential E.O.s. The authorities set forth include direct purchase by the government of assets, loans and loan guarantees, subsidy payments, and so forth. These are normally authorities which would originate in legislation in the House, as they involve spending. The end result of this E.O. is that Obama is usurping the spending authority of the U.S. House of Representatives. So, while presented as a proactive plan to deal with the coming invasion of Iran, Part III suggests that the real purpose of this E.O. is to prepare for the coming collapse of Greece and the E.U. by exerting White House control over Federal Spending ahead of the collapse of the dollar.

Sat, 03/17/2012 - 22:10 | 2266274 dick cheneys ghost
dick cheneys ghost's picture

Question, If the EU and the EURO collaspe, doesnt the DOLLAR win? or would the dollar still collaspe?


Is it the petrodollar that will collaspe or the dollar from too much printing?





Sat, 03/17/2012 - 22:24 | 2266316 Gully Foyle
Gully Foyle's picture

dick cheneys ghost

Automatic Earth has said that the dollar will be relatively strong due to flight from the Euro.

Of course that won't last forever, but does make sense.

Sun, 03/18/2012 - 00:18 | 2266526 Arkadaba
Arkadaba's picture

She also said  (a few years ago) that Canadian housing would fall 80 percent (which I didn't agree with). I actually think her posts are worth reading but she is a little too wedded to a certain viewpoint (deflationista)

Sun, 03/18/2012 - 00:47 | 2266576 tickhound
tickhound's picture

The Mounties have no problem with inflation either...

oh cAN-NA-da.... la, la, la, la, la, la, la....

I kid, I kid

I love our jonahs from the north.

Sat, 03/17/2012 - 22:47 | 2266382 Alexandros
Alexandros's picture

There is no difference in Dollar and Euro is the same currency since it is “produced” by the same photocopying “machines” and it covers the needs of the same economy in the same area is the same currency, since it belongs to the same people. It just has a different name depending on which side of the Atlantic it is circulated is a mirage. The so-called parity between Euro and Dollar has been “locked” right from the beginning since the German reunification. It has been “locked” there, since an important part of Euro, due to the German implication, is a direct expression of dollar. It has been “locked" like the Drachma parity to Euro is "locked". Today, this “locked” parity appears like a “variable” so that they “fool” Europeans and ask them to make "sacrifices” in a game where the foxies always win –they got both ways- and people always lose.

Global Debt Crisis

Sun, 03/18/2012 - 02:20 | 2266564 i-dog
i-dog's picture

It is the whole ponzi "currency" system that is collapsing, not just one manifestation of it.

The rush by the central authorities to "legally" acquire all assets (ie. by printing "money" out of thin air to acquire all debts) will mean that they will claim to "own" you and everything around you.

The Euro is just one domino ... though "they" would prefer that it is the last to fall, not the first.

Europe is not a homogeneous entity (no matter how hard they are trying to convince Europeans otherwise) and is still quite a long way from being under control (indeed, it is close to falling apart at the seams!) ... whereas the US, under total control from DC, is in the endgame already.

Do not expect to be able to vote for Ron Paul -- or anyone else -- in November.

Sun, 03/18/2012 - 05:54 | 2266787 Oh regional Indian
Oh regional Indian's picture

Iindeed i-dog. Much yet to trranspire betwixt now and then, elections will be far from people's minds in November.


Sat, 03/17/2012 - 23:50 | 2266481 xela2200
xela2200's picture

Well the fleet should be ready to go from next week, so I guess it will be another interesting Arab spring. The Jews are ready to go already.

Sun, 03/18/2012 - 01:35 | 2266645 CompassionateFascist
CompassionateFascist's picture

On Zion and the IranWar, enlightening new post at James Petras' Left-Populist site:

Sun, 03/18/2012 - 00:13 | 2266514 Arkadaba
Arkadaba's picture

blah blah blah

Sun, 03/18/2012 - 00:12 | 2266515 Arkadaba
Arkadaba's picture

blah blah blah

Sun, 03/18/2012 - 00:17 | 2266522 Flocking swans
Sat, 03/17/2012 - 21:35 | 2266184 QuantumCat
QuantumCat's picture

Happy Saint Paddy Wagon Day, Bitchez!

Sat, 03/17/2012 - 22:04 | 2266242 Gully Foyle
Gully Foyle's picture

I saw a while ago MacGowan got new teeth.

"The Sick Bed Of Cuchulainn"

(Shane MacGowan)

McCormack and Richard Tauber are singing by the bed
There's a glass of punch below your feet and an angel at your head
There's devils on each side of you with bottles in their hands
You need one more drop of poison and you'll dream of foreign lands

When you pissed yourself in Frankfurt and got syph down in Cologne
And you heard the rattling death trains as you lay there all alone
Frank Ryan brought you whiskey in a brothel in Madrid
And you decked some fucking blackshirt who was curing all the Yids
At the sick bed of Cuchulainn we'll kneel and say a prayer
And the ghosts are rattling at the door and the devil's in the chair

And in the Euston Tavern you screamed it was your shout
But they wouldn't give you service so you kicked the windows out
They took you out into the street and kicked you in the brains
So you walked back in through a bolted door and did it all again
At the sick bed of Cuchulainn we'll kneel and say a prayer
And the ghosts are rattling at the door and the devil's in the chair

You remember that foul evening when you heard the banshees howl
There was lousy drunken bastards singing Billy is in the bowl
They took you up to midnight mass and left you in the lurch
So you dropped a button in the plate and spewed up in the church

Now you'll sing a song of liberty for blacks and paks and jocks
And they'll take you from this dump you're in and stick you in a box
Then they'll take you to Cloughprior and shove you in the ground
But you'll stick your head back out and shout "we'll have another round"
At the graveside of Cuchulainn we'll kneel around and pray
And God is in His heaven, and Billy's down by the bay

Sat, 03/17/2012 - 21:38 | 2266193 Gidas19
Gidas19's picture

China- the ultimate Doomsday Prepper when it comes to supplies...

Sun, 03/18/2012 - 07:25 | 2266234 Mercury
Mercury's picture

Overall it looks like the USA is in a relatively enviable position (vis-a-vis oil/gas) to me.

These data aren't exactly screaming: 'Windmill and solar opportunity of a lifetime" either.

Chart 18 should be:

How Much More Broke Our Shit-For-Brains Federal Government Would Be Without US Energy Industry Tax Revenues

Sat, 03/17/2012 - 21:59 | 2266243 bank guy in Brussels
bank guy in Brussels's picture

« I believe a crucial facet of what’s unfolding is that employees throughout Wall Street, and global finance more generally, are working diligently to extract as much “money” as quickly as possible before the whole thing blows up. »

- Doug Noland, Credit Bubble Bulletin, 16 March 2012

Sat, 03/17/2012 - 23:46 | 2266477 Seer
Seer's picture

OK, folks, let's be honest here, who ISN'T looking to save whatever they before this entire thing blows up?

The future will be one in which we have drastically different values than we have today.  I don't really think that it's that hard to figure out what these will be (hint: they HAVE to be based on sustainable practices).

Sat, 03/17/2012 - 23:59 | 2266493 CharlieSDT
CharlieSDT's picture

It's not about saving for the inevitable winter, it's that they are looting the store before they burn the shit to the ground. 

Sat, 03/17/2012 - 21:59 | 2266245 RockyRacoon
RockyRacoon's picture

"Also, please use this post as an open thread for AA rejects."

What's that supposed to mean?

Sat, 03/17/2012 - 22:04 | 2266259 Whats that smell
Whats that smell's picture

Remember in "Fight Club" at the beginning?

Sat, 03/17/2012 - 22:07 | 2266267 knukles
knukles's picture

I think it means that only some of us who fully understand the full exestential depth of Fight Club will not be excused for incomprehensible verbage and a veritable plethora of self- congratulatory ego-centric natterings.

Sat, 03/17/2012 - 22:20 | 2266308 RockyRacoon
RockyRacoon's picture

That's exactly what I meant, of course.  There seems to be some disconnect between brain output and keyboard input.  Probably all those damn dead brain cells from all that drinking.

Sat, 03/17/2012 - 22:33 | 2266346 grey7beard
grey7beard's picture

>> There seems to be some disconnect between brain output and keyboard input.


Sat, 03/17/2012 - 23:58 | 2266492 Cheesy Bastard
Cheesy Bastard's picture

Love to have a cup o coffee with you fellas.  Anytime.

Sun, 03/18/2012 - 00:37 | 2266556 Conrad Murray
Conrad Murray's picture

Demolitions committee, ftw

Sun, 03/18/2012 - 00:54 | 2266596 Bolweevil
Bolweevil's picture

I'll stick to gluing Sacagawea's to the sidewalk, thank you.

Sat, 03/17/2012 - 22:11 | 2266278 nmewn
Sat, 03/17/2012 - 22:23 | 2266313 RockyRacoon
RockyRacoon's picture

Released in 1970.  I remember the debut quite well.  Early on in the Air Force enlistment.

Sat, 03/17/2012 - 22:37 | 2266357 nmewn
nmewn's picture

I was at the concert in Tampa in was a riot ;-)

Sat, 03/17/2012 - 22:47 | 2266384 A Lunatic
A Lunatic's picture

I was seven years old. living in a shit-hole trailer park raising my two younger sisters while my Mom ran around drinking, drugging, and fucking anyone with two bucks to spend on more beer. Were it not for that, I probably would have been there with you.

Sat, 03/17/2012 - 22:53 | 2266396 nmewn
nmewn's picture

It was a great three song set from what I can'm not at liberty to say who had a hand in ending it, but it wasn't me ;-)

Sat, 03/17/2012 - 23:38 | 2266465 slewie the pi-rat
slewie the pi-rat's picture

when do the girls get out of prison?

Sat, 03/17/2012 - 23:00 | 2266409
Sat, 03/17/2012 - 22:46 | 2266378 Blotsky
Blotsky's picture

If I were an alchoholic, reading this site, I would be a reject of AA also.

Sat, 03/17/2012 - 22:49 | 2266392 nmewn
nmewn's picture

As professionals...we never attend the AA meetings either.

Sat, 03/17/2012 - 23:06 | 2266421 vast-dom
vast-dom's picture

drunk on AA just came from a meeting ;p

Sun, 03/18/2012 - 00:34 | 2266552 FrankDrakman
FrankDrakman's picture

I don't know, but I do have a collection of 723 24-hour chips.

Sat, 03/17/2012 - 22:01 | 2266249 Caviar Emptor
Caviar Emptor's picture

Prices higher, economic growth potential lower. Can you smell biflation? 


Sat, 03/17/2012 - 23:05 | 2266423 vast-dom
vast-dom's picture


Sat, 03/17/2012 - 22:07 | 2266264 sIewie the pi-rat
sIewie the pi-rat's picture


Sat, 03/17/2012 - 22:27 | 2266330 slewie the pi-rat
slewie the pi-rat's picture


Sat, 03/17/2012 - 22:39 | 2266360 nmewn
nmewn's picture

It's not just for breakfast anymore.

Sat, 03/17/2012 - 23:06 | 2266425 vast-dom
vast-dom's picture

made good $ with OXY last year

Sat, 03/17/2012 - 22:11 | 2266277 Rock the Casbah
Rock the Casbah's picture

I've much too had to drink.

Sat, 03/17/2012 - 23:44 | 2266473 Schmuck Raker
Sat, 03/17/2012 - 23:57 | 2266491 Dapper Dan
Dapper Dan's picture

I'll have another coff of cuppie please!

Sat, 03/17/2012 - 22:11 | 2266280 Wakanda
Wakanda's picture

Oxidation reduction of ethanol into carbon dioxide is wonderful, but I also enjoy reducing beech and cherry logs into ashes in the woodstove.

Happy St. Paddy's day everyone!

May the road rise up to meet you and the wind be always at your back.

Sat, 03/17/2012 - 22:45 | 2266377 Seer
Seer's picture

I can only dream of cherry logs, sigh... but, at least I have plenty of maple.  Waiting for my new Husky 562xp to arrive :-)

And to all: May you find that you're where you need to be.

Sat, 03/17/2012 - 22:13 | 2266288 mark mchugh
mark mchugh's picture

The bottom line is we are paying almost 10x more for foreign oil than US nat gas.  But things like this happen when your government acts like a __________ with a stolen credit card.

Sun, 03/18/2012 - 08:49 | 2266871 Bicycle Repairman
Bicycle Repairman's picture


Sat, 03/17/2012 - 22:17 | 2266298 celticgold
celticgold's picture

Hell, its all good @ myfreecams

Sat, 03/17/2012 - 22:26 | 2266323 HD
HD's picture

Damn it Tyler, should have waited until the end of the month and then we could have had 31 charts...

Sat, 03/17/2012 - 22:30 | 2266338 kito
kito's picture

saw a great quote today:

When the power of love becomes greater than the love of power..only then will the world know true peace........

Sat, 03/17/2012 - 23:21 | 2266410 tickhound
tickhound's picture

so that's why they shoot people

Here's a good quote...

"The older you get, the smarter ure parents get."

Although that doesn't ring as true in some of our cases, bitchez.  Given events and all, and with many of them practically beggin' for LIFE ALERT IMPLANTS so WE CAN FIND THEM when they wander around in the med induced 'losin' it' stage that the CANCER CORPS works hard to PROLONG to find more GROWTH and REVENUE and............ but that's a whole 'nother story and all I really wanted to say was


Sat, 03/17/2012 - 23:42 | 2266470 Amish Hacker
Amish Hacker's picture

The older I get, the greater I was.

Sat, 03/17/2012 - 23:54 | 2266486 tickhound
tickhound's picture

Ouch.  There's SOOOO many red flags to an approaching 'cross over' event.

Viagra, coke when u wake up, an extraordinary number of hairs growing out of ure ears, etc.

Sun, 03/18/2012 - 00:03 | 2266503 Cheesy Bastard
Cheesy Bastard's picture

If I knew I was gonna live this long I'd have taken better care of myself.

Sun, 03/18/2012 - 00:15 | 2266518 tickhound
tickhound's picture

ya, makes me think,,, 

if I knew they could hold this shitpile together for this fucking long, I'd have played it a little differently.


Sun, 03/18/2012 - 00:54 | 2266597 WonderDawg
WonderDawg's picture

No shit. Right there with you.

Sat, 03/17/2012 - 22:56 | 2266401 slewie the pi-rat
slewie the pi-rat's picture

i'm signed up for a blackjack tournament at the last half-hour

i forget its starting and i miss the first hand, so it made a minimum $500 bet when i timed out after 20 seconds or so

i walk in and go "oh" as the dealer is flipping over her cards showing blackjack

i was in first place!  two advanced and now we're gonna start round #2...   Hahaha!

Sat, 03/17/2012 - 23:04 | 2266416 A Lunatic
A Lunatic's picture

Split a pair of tens in my name........

Sat, 03/17/2012 - 23:05 | 2266424 CrashisOptimistic
CrashisOptimistic's picture

I just get tired of saying the same stuff.

Unconventional liquids likely encompass liquids that have a fraction of the BTUs per barrel of proper, normal crude.  Those liquids do not deliver food to grocery store shelves.  Only crude does -- and frankly, because of that, this other bullshit doesn't matter.  

I don't care if you get feedstock to make plastic if you can't transport either food to shelves, or maybe you can't even transport spare parts to your plastic plant.

Sat, 03/17/2012 - 23:25 | 2266451 Gamma735
Gamma735's picture

Synthetic oil sure did not help the Nazis win the war.

Sat, 03/17/2012 - 23:43 | 2266474 xela2200
Sun, 03/18/2012 - 02:01 | 2266672 CrashisOptimistic
CrashisOptimistic's picture

It doesn't scale.

Look, if a plant is green, it (by definition) reflects the green portion of the spectrum from the sun.  The sun provides about 1 kilowatt of incoming energy per square meter.  Only about 45% of that sunshine is useable by plants for energy conversion.

THAT IS IT.  You can't get more than that, and if you're reflecting green, you're not even getting 1 Kilowatt/square meter.  More like 450 watts are available to work with and then the plant has losses of its own.  

Here, read:

Sun, 03/18/2012 - 10:05 | 2266949 Stuck on Zero
Stuck on Zero's picture

No problem.  Just add green and red algae to the mix and you get brown!

Sat, 03/17/2012 - 23:18 | 2266447 Gamma735
Gamma735's picture

Imam: Have you heard anything I've said?
Richard B. Riddick: You said it's all circling the drain, the whole universe. Right?
Imam: That's right.
Richard B. Riddick: Had to end sometime.


Yes, I just quoted the Chronicles of Riddick.

Sat, 03/17/2012 - 23:28 | 2266456 Caviar Emptor
Caviar Emptor's picture

We can make up for peak oil with DOW 30,000. 

Sun, 03/18/2012 - 00:57 | 2266546 tickhound
tickhound's picture

and if you can combine it with -3% on the 10yr....

The banks can confuse us with a 1% return on savings + $75 monthly service charge. 


Sat, 03/17/2012 - 23:50 | 2266480 Atomizer
Atomizer's picture

I just farted, is that considered renewable energy? I want my carbon casino chips!!

Sun, 03/18/2012 - 01:00 | 2266606 Bolweevil
Bolweevil's picture

Atomizer=fucking up the ozone

Sun, 03/18/2012 - 09:16 | 2266889 nmewn
nmewn's picture

I don't know whether to impose a carbon tax on him or subsidize him as a renewable energy I'll just up vote

Sun, 03/18/2012 - 00:46 | 2266571 CornSyrupSolids
CornSyrupSolids's picture

The bottom line is that, despite the MSM and energy company propaganda, cheap energy is beginning its decline.  Energy Returned on Energy Invested (EROI) is the key.  The world is on the plateau and slipping down into net energy decline.  Low net energy plays like shale gas and "tar sands" won't save us.  This will be a game changer.   Act accordingly.

Sun, 03/18/2012 - 00:56 | 2266600 Yen Cross
Yen Cross's picture

 I'm long " Whimpy Burgers"

Sun, 03/18/2012 - 01:50 | 2266644 slewie the pi-rat
slewie the pi-rat's picture

>>lotta air out there<<

i'm gonna stroll down to the clubs and pubs and check out the blossoms

Sun, 03/18/2012 - 01:54 | 2266665 Yen Cross
Yen Cross's picture

 StaynSharp.  Sunday has some big gaps!

Sun, 03/18/2012 - 02:47 | 2266701 Yen Cross
Yen Cross's picture

  Been there done that! I'm going to sell my 599 GTO and UPGRADE! Those carbon fiber ( c-posts) block my view.

  I bought my first Ferrari in my Mid Twenties.

Sun, 03/18/2012 - 02:14 | 2266604 Yen Cross
Yen Cross's picture

 Did any one of you read the Charts? DiveRgence Squared!

 Divergence AAss Hole!

Sun, 03/18/2012 - 01:23 | 2266638 Piranhanoia
Piranhanoia's picture

I rejected AA. I didn't want to learn to smoke and drink coffee.   Long fertilizer.

Sun, 03/18/2012 - 05:50 | 2266786 Yen Cross
Yen Cross's picture

Long Potash? Ticker symbol POT. A pretty good trade!

Sun, 03/18/2012 - 03:07 | 2266708 ivars
ivars's picture
How to view charts in max detail

Just found out:)  that if You press right button on the chart, select View Image in the menu that appears, and then press ZOOM symbol on it, You will see long term charts in  magnification, giving much better resolution on time axis, which in original size is very compressed.

Try it out here:

e.g. Silver is now 32,56, EXACTLY on the year old March 13th, 2011 prediction chart which shows a horizontal 32,5 line from December-April. Kind of weird. That was very roughly drawn,

actually being based on the same data as this one from October 17, drawn out more carefully:

Sun, 03/18/2012 - 03:59 | 2266737 Yen Cross
Yen Cross's picture

 Meta Trader 4 works just fine!

Sun, 03/18/2012 - 04:06 | 2266742 Yen Cross
Yen Cross's picture

 This time of the day should be  ( Dinner time) in Sydney!  My flight was canceled though!

Sun, 03/18/2012 - 05:47 | 2266784 Yen Cross
Yen Cross's picture

 Someone "Summarily Execute" this Airport food! I'm going for the Hyatt Bed Bugs!

  Tomorrow is a new Pilot!

Sun, 03/18/2012 - 15:21 | 2267477 slewie the pi-rat
slewie the pi-rat's picture

the last woman i lost my gyro over (1 year since theBreak) is quite a dramatist (she had fabulous dreams), and some of the romantic stuff was great, but that tragedy lose-lose stuff ain't my cup0tea, i guess

i named her theBedBugBich

she went total, Y/C and usta send me pictures of bedBugs having sex which we discovered was unique in critter-ville, too;  fascinating stuff;  she was fun when "up" tho and the day before her colonoscopy called me when she was cleansing so we could listen to the philharmonic farts together and rolfl and howling

her defenses were incredible!  like zer0Heads imagining the collapse&reset and gold confiscation, she would fantasize about how they might get her if they got into her place

 i think they have a mosquito-like radar to find you;  she knew they did!  she was forever re-engineering her bedrooms just to be prepared for when they got in;  the airborneRangers dropping from the ceiling obsessed her

they are like roaches in that if you scratch them, somehow, they ooze a little and lose their edge, [so we cornered the market on diatomaceous earth (with her money, no less) and made a killing?  that was my fantasy! L0L:  she countered by buying a small truckload, giving it away, and telling everybody exactly what to do]

if you are unlucky and bring them home i can save you about $40K in getting rid of them, or you could just torch the place, of course

when her daughters and even her dad visited, there were de-lousing stations, interrogations about security on the trip, inspections, and drama galore

enjoy!   Hahahaha!

Sun, 03/18/2012 - 09:48 | 2266926 dbomb12
dbomb12's picture

if our energy was fueled by printing dollars then there would be no worries mate

Sun, 03/18/2012 - 10:14 | 2266961 George Orwell
George Orwell's picture

Peak Oil = Inevitable War with China, India, Indonesia, Pakistan, Bangladesh, etc.


In order to defend the American Way of life of driving a Chevy Suburban by myself to work everyday, we must prevent a Chinese or Indian or Pakistani to do the same.  The world's population must be forceably lowered by at least 3-4 billion so that we can continue driving our SUVs to/from our single family homes with a swimming pool in the back yard.

I used to think that we can just launch a preemptive nuclear attack to wipe out China/India/Pakistan/Bangladesh/Indonesia/etc  Basically all the countries with out of control population growth.  But I'm changing my tune now.  I think it is better to unleash a biological weapon instead of a nuclear weapon to kill off the required 3-4 billion.  A biological weapon has the advantage of killing the people while leaving a country's infrastructure mostly intact.   And we would not appear as blood thirsty warmongers.  It makes for good PR.


Sure, a big percentage of our own people might die when they come into contact with our own biological weapon.  But I can handle 10-20% collateral damage.

Who's with me?  Do you want to continue driving your cars to work?  Then you must be with me.  Otherwise give up driving altogether and continue to live in your fantasy world that the 2 billion Chinese and Indians can live the American Dream (tm) of driving a big SUV around town.





Sun, 03/18/2012 - 14:25 | 2267085 Flakmeister
Flakmeister's picture


Some awesome figures that tell a hidden story...

"The US Stands Out" figure is a tell...The US is spending more than anyone else for the marginal barrel of produciton increase...

This should tell you that the gas and oil shales are no panacea...

Production profile for $10 billion

10 years and 100,000 barrels a day increase in the Tar Sands....

6 years and ~200,000 bpd off Africa...

You are aware that existing fields decline at ~3.5 million bpd per year....

Do the math....

There also is a hidden assumption in all this.... that the first $10 billion is the same as the 100th $10 billion....   

Sun, 03/18/2012 - 14:22 | 2267410 kekekekekekeke
kekekekekekeke's picture

Leaving for a road trip today, any recommendations for Roswell or Carlsbad NM? Or any viewings/readings on the Roswell incident %]


Sun, 03/18/2012 - 17:14 | 2267698 slewie the pi-rat
slewie the pi-rat's picture

the weather looks great after the next pineapple finishes juicing early in the week

7-Day Forecast for Latitude 33.37°N and Longitude 104.53°W (Elev. 3608 ft)

  • after tuesday looks great for bikes (two-track mind)
  • keep a camera handy for shirleyMaclaine sightings
  • i always enjoy visiting coin shops and dealers
  • i also enjoy slots and freebies, so i would look at the nearby casinos and maybe call and see what they would hand me for showing up with ID;  my local haunt gives $10 in play and a food voucher, and coffee, soft drinks and water are free, plus they have very clean rest rooms and smoke free areas;  sometimes, if you take a bus over, you get even more for a first visit;  locally, kids can go in and use the facilities and eat, but can't get off the aisle passing thru the casino floor;  they may give away souvenir stuff other places clip for, like hats, t-shirts, frisbees, umbrellas; ask!  but these joints ruin lives, too, so you alsways want to err on the side of discretion, b/c some people will not leave until they are BK;  but for 2-5 hours,  free food + video poker + a cup of tea, why not?  sometimes a small group can have fun playing bingo together for a few hours while partying together for an evening;  the costs aren't unreasonable and you could pay for the trip!  i went to arizona with my kids once and stayed in the bestWesternMotel/casino in vegas each way;  nice pool & spa & breakfast included the 4oz filet, eggs, potatoes and toast for $1.99.  the ex threatened to send marshalls if i didn't take them back to her...  the three of us were enjoying the true apex of slewie family life...  we loaded 2-3 large garbage bags of stuffed animals from circusCircus into the van as we left to cross the desert and have the tires on the van come apart, more or less, from the heat...  we survived by making up verses to a little ditty we called shoudaStayedInVegas,Mama;  before we got the gear out at my place a big rattlesnake had gotten under there to get warm;  so we killed it and ate it with grilled hot dogs and then i took them back to their mom
  • tell everybody you have AAA,  especially if you have it (which i do, but many never check and just give you the discount) and their local guide-book publications are often handy
  • i hope you get to enjoy a fabulous desert bloom
  • have a safe trip!
Sun, 03/25/2012 - 21:47 | 2289640 youyou208
youyou208's picture

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Sun, 03/25/2012 - 21:59 | 2289721 youyou208
youyou208's picture

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