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Obama Invests $5 Million In Bullshit Energy

Tyler Durden's picture


Just when we thought we had seen the epic failure of every single possible "alternative energy" project by this administration, along comes the announcement that the USDA is investing $5 million in a "biogas anaerobic digester" that will use "cow manure to heat an ethanol plant and create 15 permanent jobs." Which for anyone confused, is roughly exactly what it sounds like. Perhaps if "Hope and Change" is a little passe now, a far more appropriate slogan for the 2012 Campaign will be "From Bullshit to Jobs, and Back Again."

From the Washington Examiner:

Western Plains Energy, LLC, a Kansas company, will use the money to "utilize waste energy resources from a local cattle feedlot to replace almost 90 percent of the fossil fuels currently used" at the plant.


"Projects such as this are a key part of the Obama Administration's all-of-the-above approach to American energy that is supporting the development and usage of renewable energy, revitalizing rural economies and creating an America built to last," USDA Secretary Tom Vilsack said in a statement touting this project as an example of the policies that cut dependence on foreign oil.


"Animal waste from a local feedlot will be the primary feedstock that Western Plains will use for the digester," USDA added. "Support for renewable energy projects such as these is an example of the many ways USDA is helping revitalize rural economies."


USDA expects the project to create 15 permanent jobs and 100 temporary construction jobs.

So how many shit shovelers does it take to run a "biogas anaerobic digester"? Apparently 15. At $333,333 a poop, pardon pop.

Sorry folks. We only wish this was a joke.

h/t Ralph


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Mon, 04/09/2012 - 21:09 | 2329937 kato
kato's picture

sounds like a Homer Simpson scheme.

Mon, 04/09/2012 - 21:12 | 2329955 SilverDOG
SilverDOG's picture




Mon, 04/09/2012 - 21:21 | 2329991 Sathington Willougby
Sathington Willougby's picture

You know it takes two to lie.  One to lie and one to listen.

Mon, 04/09/2012 - 21:33 | 2330028 hedgeless_horseman
hedgeless_horseman's picture



...and I am long horse shit.  Figures.

Mon, 04/09/2012 - 21:45 | 2330075 comrade pravda
comrade pravda's picture

The investment should be in Ben Shit Energy.  There is no end to it.

Ben Shitter Bernanke: a tool who shits Benjamins to imply that the status quo works.

Mon, 04/09/2012 - 22:19 | 2330184's picture

I don't even mind the word “manure.” You know, it's, it's “nure,” which is good. and a “ma” in front of it. MA-NURE. When you consider the other choices, “manure” is actually pretty refreshing.

Mon, 04/09/2012 - 22:27 | 2330202 Hulk
Hulk's picture


Mon, 04/09/2012 - 23:41 | 2330356 DeadFred
DeadFred's picture

  "How should we use this stuff? Energy? Mushrooms? Feed it to the sheeple?" It was a tough call but that's what leadership is about!

Tue, 04/10/2012 - 00:04 | 2330396 Beatscape
Beatscape's picture

Methane is over 20 times more effective in trapping heat in the atmosphere than carbon dioxide. The global warming from the cow flatulence (methane) will cancel out any positive effects from burning the cow shit. Zero sum game, my friends.

Tue, 04/10/2012 - 00:33 | 2330417 Xibalba
Xibalba's picture

Guaranteed this money is going to pad some ex-MFG client somewhere to keep quiet.  

Tue, 04/10/2012 - 01:21 | 2330471 Michael
Michael's picture

The current solar cycle is going to make a monkey out of the carbon credit environmentalist BO President. Did you see the sunspot number today? Have a nice time freezing to death in the coming years.

Tue, 04/10/2012 - 01:40 | 2330485 Richard Chesler
Richard Chesler's picture

Modify the digester to use what comes out of Obama's mouth and we'd really be in business.

Tue, 04/10/2012 - 01:45 | 2330489 Michael
Michael's picture

Did you mean, "The carbon tax environmentalist BO President"? Thank God his CCX scam failed too.

Tue, 04/10/2012 - 02:35 | 2330525 Troll Magnet
Troll Magnet's picture


Hey Tylers,
this should be on top of your front page for awhile.

For 15 days, Bitchez!

Tue, 04/10/2012 - 06:59 | 2330643 GetZeeGold
GetZeeGold's picture




We're going brown now.....clearly green was the wrong path.


We'll make a fortune off the crap tax credits.




Tue, 04/10/2012 - 08:27 | 2330700 RacerX
RacerX's picture

Yep, Brown is the New Green.

Tue, 04/10/2012 - 01:55 | 2330498 Oh regional Indian
Oh regional Indian's picture

Actually biogas works. Extremely cost-effective. Very low set-up costs. No danger. No smell. Less run-off into waters.

Only benefits all around, jokes aside.

On a net-net basis, it beats thorium hands down.



Tue, 04/10/2012 - 03:25 | 2330562 PY-129-20
PY-129-20's picture

Absolutely right, ORI. It is quite common in Germany and is getting very popular among farmers. Seen one facility and was quite impressed. But this is Germany. We have sworn to live without nuclear energy and we have to come up with every possible idea.

See, we invested heavily in Solar technology when it wasn't produced cheaply in China. Now all these companies go bankrupt because they cannot compete with the Chinese anymore. A country like Germany with very few sunshine hours per day invested heavily into solar technology. But also Wind and Water. Using the elements to survive. Not bad at all. I am not a fan of nuclear energy myself, but I am not sure we can achieve that goal (to live without it).

At least, let us try. We've been inventive in the past. We'll find a solution.

Tue, 04/10/2012 - 03:35 | 2330571 Oh regional Indian
Oh regional Indian's picture

It's the same here in India in many regards PY.

Even after seeing all the troubles of centralized mega power projects, the destruction of rivers by dams, the crazy situatiion with a thing like a grid and the great Tech-no-logical Indian mind....

Still, everyone is made to hunger for that power that flows from powerlines.

By the way, bio gas is excellent cooking gas.

Distributed everything is clearly the way to go, let's see, eh?


Tue, 04/10/2012 - 05:33 | 2330614 Jedi Longsabre
Jedi Longsabre's picture

If it is such a great idea, then why does it need $5 million of our tax dollars? I smell B....oh never mind.

Tue, 04/10/2012 - 06:06 | 2330624 Benjamin Glutton
Benjamin Glutton's picture

oh sure...let's whine about 5 million. Calculation Details

According to, the debt at the end of the 1980 fiscal year, on September 30th, 1980, was $907,701,000,000. On September 30th, 1981, it was $997,855,000,000. Averaging it out over the year gives a debt of $246,997,260.27 per day.

Reagan took office 112 days later on January 20th, 1981. The debt on that date could be estimated as $907,701,000,000 plus 112 x $246,997,260.27, or $935,364,693,151.

Bill Clinton was the first president to slow the rate of the accrual of debt after the current out-of-control spending began with the Borrow and Spend Republicans in 1981.

The final amount of the senior Bush debt was $4,174,218,594,232.91 (according to, and Clinton became president on January 20th, 1993. Bill Clinton saw $1,553,558,144,071.73 added to the national debt during the eight years of his presidency.

However, from the start of fiscal year 1994 (7 months after Clinton became president), until the start of fiscal year 2002 (7 months after Bush took office), the amount of money paid toward interest on the existing Federal debt was $2,767,282,794,374.59 (

Therefore, no amount of the national debt is attributable to Bill Clinton - his policies of higher taxes and reduced spending actually simultaneously reduced the debt and brought about the strongest economy since World War II, despite the fiscal disaster left in the wake of Reagan and the first Bush.

The debt was at $5,727,776,738,304.64 on January 19th, 2001, the last business day before George W. Bush took the office of president. The debt was at $10,628,881,485,510.23 on January 16th, 2009, the last business day before Barack H. Obama became president.

During his administration, George W. Bush
increased the national debt by $4,901,104,747,205.59
and personally approved of the creation of 46% of the entire national debt,
in only 8 years.

Starting in 2003, George W. Bush destroyed the world economy by encouraging U.S. banks to make loans to those who could not afford them, through schemes such as the "American Dream Downpayment Initiative", and through the destruction of oversight, such as lawsuits to prevent state securities laws from being enforced on Bush's watch. Once Bush's policies led to their inevitable result of economic collapse, the United States found itself in a situation where it had to take on debt in order to restore the economy.

This means that all of the money spent to restore the economy, until it is restored, is also attributable to George W. Bush.

Further, with our interest payments on the current debt at almost half a trillion dollars per year, that amount will be attributed to Borrow-And-Spend Republicanism as well.

That means that Ronald Wilson Reagan, George Herbert Walker Bush, and George Walker Bush's borrow-and-spend Republican administrations oversaw, approved, or caused to be spent, almost all of the national debt, except for as much as $935,364,693,151.00.

The current calculation on the site is based on the U.S. Treasury's published Total Public Debt Outstanding as of Friday, April 06, 2012, when the debt was $15,618,640,279,582.90. On Tuesday, September 04, 2007, the debt was $8,995,145,905,720.62.

This means that with the current national debt around $15,634,720,284,792.50, we're adding $3,951,965,616.86 per day, or $45,740.34 per second.

You can also find more information at the U.S. National Debt Clock.
Or other sites:,

Tue, 04/10/2012 - 08:29 | 2330701 TheAntiBen
TheAntiBen's picture

No amount of debt is attributable to Bill Clinton?  Seriously?  You must mean except for the $1.395975 Trillion of debt he added to the US from 1993 to the end of his fiscal budget in 2001?  (source:

Tue, 04/10/2012 - 08:44 | 2330726 More_sellers_th...
More_sellers_than_buyers's picture

People like you are the problem! Throw blame everywhere instead of fixing the problem step by step.  Why whine about 5 million? Ever try to go out and make five million in cash? It aint so easy jackass!

Tue, 04/10/2012 - 09:47 | 2330904 Mitzibitzi
Mitzibitzi's picture

I agree. It's one thing setting up some time-limited tax incentives to cajole a private company to set up projects like this but entirely another to actually pay for it out of the public pocket. Even if 5 mil is pretty much chump change these days, particularly for an energy project.

On the plus side, and I ain't sticking up for the Kenyan here... it is an example of the general kind of thing that should have been started 10 or more years ago, if governments were actually rational about energy policy and not merely tools of big oil.

No-one who's ever done a bit of research into alternative sources of energy thinks there's a single replacement for oil anywhere on the near horizon, of course, but there are a whole bunch of ways to replace some of it, which buys us time while we think up ways to replace the rest. Trouble is, we should have started in on that years ago and thrown money at it while the paper still had some perceived value.

Tue, 04/10/2012 - 10:10 | 2330982 GeezerGeek
GeezerGeek's picture

Your post is itself deserving of a Federal grant, based on the amount of BS it contains. It's not so much what you said but what you left unsaid.

To address but one small paragraph, you wrote "Bill Clinton was the first president to slow the rate of the accrual of debt after the current out-of-control spending began with the Borrow and Spend Republicans in 1981. "

Read the Constitution and understand how the government works. Spending does not originate with the president - or at least not pre-2009. Spending originates in Congress. In 1981, the year Reagan took office, the Republicans controlled the Senate but the House, under Tip O'Neill, was solidly Democratic. Reagan wanted to reduce taxes and spending, if I recall correctly. Tip agreed, taxes were cut, but spending continued to rise, and not just on military rebuilding after the Carter fiasco. In other words, Tip refused to carry through on his promise.

Fast forward to 1995, when the Republicans took control of Congress. Newt Gingrich, then the Speaker, started talking about balancing the budget. I remember any number of instances where Clinton was caught on camera saying "We can't balance the budget in seven years", or "We can't balance the budget in nine years." Consummate politician that he was, he triangulated himself into a hero for balancing the budget although he fought it vociferously.

I won't even begin trying to defend either Bush, as both were fiscal disasters. Bush 1 did, of course, have to deal with a totally Democratic Congress. Bush 2 kept bringing people like Ted Kennedy in to help craft domestic policies, but the Republican Congress had been in DC long enough to go soft on the Contract With America principles and they were tossed aside in the 2006 elections. One should observe that the Pelosi-Reid duo took control of Congress in 2007 and within a year we were on the brink of disaster.

Who controls Congress used to be more important than who was president. Obama doesn't seem to care about listening to Congress, so perhaps it now is only important who is president.


Tue, 04/10/2012 - 11:13 | 2331236 tamboo
tamboo's picture

ruggero santilli invented a method for safely neutralising nuclear waste,
and also a process for waste free nuclear fusion. not surprisingly he received numerous
threats and was forced to abandon his research.

Tue, 04/10/2012 - 05:09 | 2330607 tabasco71
tabasco71's picture

Its worse than that... once US gets as addicted to manure as it is to oil, it'll start breeding more cows and perpetuating the problem... not just zero sum... tail spin.

Tue, 04/10/2012 - 09:55 | 2330927 monoloco
monoloco's picture

The cows are going to shit either way.

Tue, 04/10/2012 - 08:48 | 2330742 Max Hunter
Max Hunter's picture

I don't even mind the word “manure.”

And right about this time is when she mentioned she had a boyfriend?

Mon, 04/09/2012 - 23:12 | 2330294 RafterManFMJ
RafterManFMJ's picture

So China and India are ramping up to build Thorium reactors, and we are building Cow Shit Reactors? Really? I'm starting to think I'm trapped in some personal version of The Truman Show. This administration is so bizarre it cannot be real.  Think I'll go warm up my coffee by taking a shit in it.  Wonder if I can get a loan?

Tue, 04/10/2012 - 03:50 | 2330579 Sal34
Sal34's picture

Yeah you really do sometimes just have to sit back and laugh at some (most) of humanity these days,

Tue, 04/10/2012 - 10:17 | 2331018 GeezerGeek
GeezerGeek's picture

You won't be laughing when GM comes out with a version of the Volt powered by sh*t. At least cowshit doesn't spontaneously ignite, at least not that I've ever heard of. The thing I wonder is if Obama will force suburban towns to alter the zoning to allow raising cows on one's property. I guess that would be ok with him as long as the cow owner didn't try giving raw milk to his neighbors. That would bring in the FDA swat team.

Tue, 04/10/2012 - 07:34 | 2330661 Are you kidding
Are you kidding's picture

It's not bizarre if you remember WHY they're doing what they steal taxpayer get rich. Then it's simple to understand.

Mon, 04/09/2012 - 21:55 | 2330107 A Nanny Moose
A Nanny Moose's picture

Yeah, there seems to be an oversupply of that in Washington DC, and very little demand. Perhaps a bailout is in order?

Mon, 04/09/2012 - 22:46 | 2330246 Conrad Murray
Conrad Murray's picture

Mix with straw, add spores, wait, harvest. Turn that frown upside down! (may induce uncontrollable laughing)

Mon, 04/09/2012 - 22:56 | 2330257 Barry Mcokiner
Barry Mcokiner's picture

Actually horse shit pays 2 to 1 over bull shit. For those keeping odds.

Tue, 04/10/2012 - 09:48 | 2330906 Van Halen
Van Halen's picture

Hysterical! Best comment of the day award!

Mon, 04/09/2012 - 21:35 | 2330040 mophead
mophead's picture

I hear that Kari Norgaard thought of the idea. She will be present to cut the ribbon on the first day of work.

Mon, 04/09/2012 - 22:04 | 2330141 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

You're soaking in it!

Mon, 04/09/2012 - 22:11 | 2330161 SilverFish
SilverFish's picture

They hired her for her immense set of choppers.

Tue, 04/10/2012 - 00:54 | 2330439 The Disappointed
The Disappointed's picture


You can't tell silicone implants when you see them?

The Other Dave in SF

Tue, 04/10/2012 - 07:10 | 2330647 Gavrikon
Gavrikon's picture

just keep those chompers AWAY from my DICK!!!!

Tue, 04/10/2012 - 00:59 | 2330446 black calx
black calx's picture

ahahaha! that avatar is pure gold.

Tue, 04/10/2012 - 04:11 | 2330592 solgundy
solgundy's picture

cut the shit...all these jokes is just more racism from ZH

Tue, 04/10/2012 - 08:01 | 2330677 Colombian Gringo
Colombian Gringo's picture

Yeah 'Green' is the new ugly and so to be against Green is to racist....or sexist,.,, or is it anti gay???

Tue, 04/10/2012 - 08:16 | 2330688 sessinpo
sessinpo's picture

Sathington Willougby                           2329991

You know it takes two to lie.  One to lie and one to listen.



Not true. People lie to themselves everyday. Let me give you an example: "I am Bernanke and I am God."

Quite frankly you could insert many names in that line beside Bernanke. Just about every politician, movie star, music star, athelete, etc.

It's called hubris and often involves narcism.


Mon, 04/09/2012 - 21:25 | 2330008 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

Sounds like udder bullshit!!!

Mon, 04/09/2012 - 21:35 | 2330042 SHEEPFUKKER

Were these 15 permanent jobs including in the March jobs report? 

Tue, 04/10/2012 - 10:19 | 2331038 GeezerGeek
GeezerGeek's picture

Seasonal adjustments and the birth/death model made it +90015.

Mon, 04/09/2012 - 21:51 | 2330092 tom a taxpayer
tom a taxpayer's picture

Shovel ready...Yeah!!!

"So how many shit shovelers does it take to run a "biogas anaerobic digester"?  Apparently 15. At $333,333 a poop, pardon pop."

Mon, 04/09/2012 - 21:59 | 2330125 A Nanny Moose
A Nanny Moose's picture

Well played. You can't make this shit up!!!

Mon, 04/09/2012 - 22:16 | 2330175's picture

Everyone will want a piece of the pie.

Mon, 04/09/2012 - 23:22 | 2330318 surfer433
surfer433's picture

Everyone will want a piece of the pile.


Mon, 04/09/2012 - 23:16 | 2330305 palmereldritch
palmereldritch's picture

I love the expressions on the cows' faces. Not even they can believe it.

Tue, 04/10/2012 - 08:03 | 2330679 Another Texan
Another Texan's picture

Like a cow staring at a new gate! Yehaw.

Mon, 04/09/2012 - 22:27 | 2330203 Gully Foyle
Gully Foyle's picture


Sounds similar to methane tanks from the seventies. Manure is dropped into a tank and the Methane from breakdown is used to heat something like a barn.

Electricity From What Cows Leave Behind

FOR years, the cows at Green Mountain Dairy here produced only milk and manure. But recently they have generated something else: electricity.

The farm is part of a growing alternative energy program that converts the methane gas from cow manure into electricity that is sold to the power utility’s grid.

Central Vermont Public Service, which supplies electricity to 158,000 customers around the state, was among the first utilities in the country to draw electricity from cow manure on dairy farms. About 4,000 utility customers participate by agreeing to pay a premium for the electricity.

“We realized we could help meet a customer demand for renewables, help solve a manure management problem and make these farmers more financially secure,” said Steve Costello, a spokesman for Central Vermont Public Service.

Four Vermont dairy farms are producing electricity for the utility, and two more are expected to be online by year’s end, Mr. Costello said. The utility hopes to add six more farms by 2010.

DIY Methane Generator

Mon, 04/09/2012 - 22:49 | 2330247 Conrad Murray
Mon, 04/09/2012 - 22:56 | 2330258 Midas
Midas's picture

Sounds great! And maybe we could construct a large battle sphere where two men enter and one man leaves. Would Tina Turner make a good M.C.?

We don't need another hero! Thunderdome has arrived!

Tue, 04/10/2012 - 00:58 | 2330443 The Disappointed
The Disappointed's picture

'Who runs Bartertown? I run Bartertown!'

The Other Dave in SF 

Mon, 04/09/2012 - 23:38 | 2330349 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Nah, just "shovel ready" jobs!

Mon, 04/09/2012 - 21:10 | 2329939 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

how much would i get paid as a shit shoveler?

Mon, 04/09/2012 - 21:32 | 2330030 Evil Bugeyes
Evil Bugeyes's picture

Those shit shovelers will probably be illegals. Mexico should be grateful to Obama for helping to create jobs for its citizens.

Mon, 04/09/2012 - 22:01 | 2330127 A Nanny Moose
A Nanny Moose's picture

How much shit could a shit shoveller shovel, if a shit shoveller could shovel shit?

Mon, 04/09/2012 - 22:08 | 2330157 BooMushroom
BooMushroom's picture

a shit shoveller would shovel as much shit as a shit shoveller could, if a shit shoveller could shovel shit.

Mon, 04/09/2012 - 23:22 | 2330317 Monedas
Monedas's picture

We're finally getting those "shovel ready" jobs we were promised !   Monedas  2012   Comedy Imitates Life

Mon, 04/09/2012 - 21:10 | 2329940 bob_dabolina
bob_dabolina's picture

I accept this.

Only bullshit comes from this administration.

Mon, 04/09/2012 - 21:12 | 2329954 Pegasus Muse
Pegasus Muse's picture

This project stinks!

Mon, 04/09/2012 - 21:34 | 2330033 LongSoupLine
LongSoupLine's picture



Follow the money on this one Tyler and I'll bet my bottom $1 fiat note that this is yet another political "favor" (i.e. - much like a now bankrupt Solar company.)

Mon, 04/09/2012 - 23:47 | 2330367 The Navigator
The Navigator's picture

Probably a company that makes genetically improved methane-producing cows.

Mon, 04/09/2012 - 21:10 | 2329942 BeerBrewer09
BeerBrewer09's picture

methane for $5,000,000, Alex.

Mon, 04/09/2012 - 21:31 | 2330022 PC Load Letter
PC Load Letter's picture

I see there is no information about Western Plains online. At least the last scam (SolarTrust of America) gave the appearance they were an actual business with a website and management bio section.  

How long before they blow through the $5mm? I say 4 months max

Oh yeah, alert the BLS to add 400 jobs to the April report (100 temporary jobs + 300 for seasonal adjustments)

Mon, 04/09/2012 - 21:53 | 2330097 streetcrawler
streetcrawler's picture

Google much?


Also, biogas anaerobic digesters are used all over the world. From what I've found, they usually cost from $500k-$900k depending on the size. They take extremely low maintenance once built though so I'm not sure why 15 people would be needed to run one. Typically the farmers build them and use the energy with no "energy" company involved.

Mon, 04/09/2012 - 22:24 | 2330193 Clay Hill
Clay Hill's picture

The homemade version is a great addition for anyone serious about going offgrid longterm

Mon, 04/09/2012 - 22:38 | 2330228 The Gooch
The Gooch's picture

With this administration it's all about administration! One to shovel shit and 14 departments to administrate the shoveling of the shit before a shitty bankruptcy.

1) shit P.R.

2) shit security

3) anti-shit terrorist goon squad

4) shit accounts payable (shit! debit or credit?)

5) shit-tax auditor

6) environmental shit agency for oversight of effects of shit on "global warming"

7) shit-bus town hall meeting driver

8) shit-bus town hall meeting tele-prompter hooker-upper 

9) jive shit talkin' (speechwriter) coach

10) Rahm Emmanuel (synonym)

11) economic shit advisor (insert former TBTF executive here) 

12) aipac shit cronie / shit spy 

13) bored as shit director

14) shit damage control analyst

Mon, 04/09/2012 - 22:46 | 2330244 Atomizer
Atomizer's picture

Wednesday, 25 April 2007 | Cattle Believed To Contribute To Greenhouse Effect


Agricultural scientists and dairy farmers today made a joint statement saying that cows are the major polluters of the atmosphere and that they should all be fitted with catalytic converters before global warming gets out of control. 

"Cows produce enough methane to provide a small Himilayan settlement with sufficient power to run a regular bus service to Katmandu and back for a week", said a Buddhist Transport advisor. " Especially the black and white ones" 

Farmers have been angered by the comments saying that pigs and llamas are notorious for the amount of gas they emit. 

"Put a match to a pig's bottom and it will go up like the Hindeburgh" reported a pork butcher. " Although the main reason for its flammability has to be blamed on the stiff hair on their backs" 

The last pig explosion took place at a farm in the New Forest, Hampshire in the UK. Since then, the fire department has insisted on clearly marked fire exits on sty walls

Mon, 04/09/2012 - 23:25 | 2330322 mjk0259
mjk0259's picture

Yes, but these type of facilities reduce the greenhouse gases since burning it produces less methane than natural decomposition.

Mon, 04/09/2012 - 23:31 | 2330333 surfer433
surfer433's picture

They are going to blow the entire $5 million on kickbacks and trying to get an EPA permit.


Mon, 04/09/2012 - 21:11 | 2329944 MiguelitoRaton
MiguelitoRaton's picture

Can we pipe it directly from Obama's mouth? And what is the ROI on this?

Mon, 04/09/2012 - 21:11 | 2329946 macholatte
macholatte's picture

Ahhhhhhh...... BULLSHIT!


Mon, 04/09/2012 - 21:11 | 2329951 takinthehighway
takinthehighway's picture


Tue, 04/10/2012 - 00:00 | 2330387 gaoptimize
gaoptimize's picture

The part of the Merril Lynch adds they did not show.  Bullish on American energy.

Tue, 04/10/2012 - 00:30 | 2330416 FrankDrakman
FrankDrakman's picture

bullish + t (time) => bullshit!

Mon, 04/09/2012 - 21:11 | 2329952 blindman
blindman's picture

human fecal material, go long.
there's gold in them thar' arses.

Mon, 04/09/2012 - 22:03 | 2330136 A Nanny Moose
A Nanny Moose's picture

umm...that's corn

Mon, 04/09/2012 - 22:27 | 2330201 blindman
blindman's picture

preprocessed. the profits are on the margin,
it is called economy/ecology or visa versa.

Mon, 04/09/2012 - 21:12 | 2329956 MiguelitoRaton
MiguelitoRaton's picture

Wow each permanent job only costs $333,333...what a bargain!

Mon, 04/09/2012 - 21:13 | 2329957 Bill D. Cat
Bill D. Cat's picture

Alert the BLS , they need just the right amount of bullshit .

Mon, 04/09/2012 - 23:41 | 2330358 Ms. Erable
Ms. Erable's picture

They already have it calculated - this project will create at least 12,500 seasonally-adjusted jobs. They'll probably include them as NFP, too.

Mon, 04/09/2012 - 21:13 | 2329959 Common_Cents22
Common_Cents22's picture

who needs bullshit with all the shit coming out of the white house?

Mon, 04/09/2012 - 21:12 | 2329960 Hulk
Hulk's picture

I sold my entire 2011 production of farts  to the OA...

Mon, 04/09/2012 - 21:13 | 2329961 Mr Lennon Hendrix
Mr Lennon Hendrix's picture


Mon, 04/09/2012 - 21:16 | 2329964 Yen Cross
Yen Cross's picture

v Someone tell that Little Prick over @ Forex Live / Sean Lee to stop selling his book!

  Get a Job you douche bag!  Sean is long still / gbp/aud! I can't stop laughing!

  Ohh Ya. LNG storage was the question!

Mon, 04/09/2012 - 21:14 | 2329965 IAmNotMark
IAmNotMark's picture

I consider Obama to be an expert in bullshit so this might be money well invested.

Mon, 04/09/2012 - 21:19 | 2329966 non_anon
non_anon's picture

in early 1990, right out of the US Navy, I was job hunting and went to a cow manure plant in Brawley, Cali. The plant was offline more than online and caught on fire frequently. And ethanol is a political boondoggle taxpayers keep paying for to subsidize farm welfare.

Mon, 04/09/2012 - 21:17 | 2329975 azzhatter
azzhatter's picture

the national embarrassment continues

Mon, 04/09/2012 - 22:09 | 2329976 Normalcy Bias
Normalcy Bias's picture

Barry's cronies score again! And this bankruptcy will come after the November elections...

Mon, 04/09/2012 - 21:17 | 2329977 bob_dabolina
bob_dabolina's picture

If I were to shit on Obama's face and charge a dollar for everyone who would watch, I could use the donated money to employ people to dig holes in random places which would create tens of millions of jobs.

Mon, 04/09/2012 - 21:18 | 2329980 UGrev
UGrev's picture

BULLSCHLITz.. your 45 comes in bags, bitchez. 

Mon, 04/09/2012 - 23:31 | 2330335 The Gooch
The Gooch's picture

some .45's come @ terminal velocity. shit bullets.

Mon, 04/09/2012 - 23:01 | 2329982 Stuck on Zero
Stuck on Zero's picture

You guys should support this green energy endeavor.  If they didn't convert the BS to energy they'd be putting it into our food, making twenty dollar bills out of it, and spreading it around newsrooms everywhere.

Mon, 04/09/2012 - 21:18 | 2329983 chump666
chump666's picture

Ethanol is a complete waste of time, from a market perspective it is a zombie company/stock.  Yes I once held some, realized the companies were zombie shells once goverment subsidies evaporate.

It's a conjob. Bets on Obama ends up lame duck (if he gets re-elected)


Mon, 04/09/2012 - 22:06 | 2330150 A Nanny Moose
A Nanny Moose's picture

Who's gonna beat The O'bamabot, The Rombamabot?

Mon, 04/09/2012 - 22:23 | 2330189 chump666
chump666's picture

Who cares.

Mon, 04/09/2012 - 23:50 | 2330372 A Nanny Moose
A Nanny Moose's picture

Can't argue with that.

Tue, 04/10/2012 - 02:40 | 2330530 chump666
chump666's picture


Tue, 04/10/2012 - 01:08 | 2330452 The Disappointed
The Disappointed's picture

Ron Paul bitchez!

Mon, 04/09/2012 - 21:22 | 2329984 dwdollar
dwdollar's picture

Fantastic! Now we all know where Bartertown will be located!

Mon, 04/09/2012 - 21:24 | 2329986 El Oregonian
El Oregonian's picture

Two things are infinite: the universe and human stupidity (or Barry's); and I'm not sure about the universe. -Albert Einstein

Mon, 04/09/2012 - 21:19 | 2329989 hmmtellmemore
hmmtellmemore's picture

Would someone please buy Obama a copy of "The Law" by Bastiat?  I'm starting to feel embarassaed for the guy.

Mon, 04/09/2012 - 21:21 | 2329993 mayhem_korner
mayhem_korner's picture



$5 million for 15 permanent jobs...that's pretty much the Royals line up, no?

Mon, 04/09/2012 - 21:21 | 2329994 Yen Cross
Yen Cross's picture

 We all caught Santelli TODAY! 

  The pukes avoided VIX!

Mon, 04/09/2012 - 21:22 | 2329995 Silver Kiwi
Silver Kiwi's picture

mock not, once the oil runs out you'll be in need of a little BS...


Mon, 04/09/2012 - 21:24 | 2329997 oilman8864
oilman8864's picture

Not to burst any body's bubble but there is a 3,000 cow barn down the street with a methane plant that works as good as advertised.

Mon, 04/09/2012 - 21:30 | 2330021 El Oregonian
El Oregonian's picture

"Not to burst any body's bubble"

As in fart bubbles?

Mon, 04/09/2012 - 21:46 | 2330072 dwdollar
dwdollar's picture

With or without free money? If these things are so profitable, why do they need free money? Why can't they attract investors? Something doesn't pass the smell test.

Tue, 04/10/2012 - 01:46 | 2330491 Matt
Matt's picture

This. I figure it has to be one of three things:

1. they are under-capitalized

2. They are poorly managed

3. It is not an economical implementation without subsidies.

As shown previously from corn ethanol has an EROI of around 6:1 at the farm, but declines to 1.4:1 at best once refined. If the cows are already there, and the corn is already there, and the methane in the manure is currently just floating into the atmosphere, and they are actually able to reduce ethanol refining oil inputs by 90 percent (a lot of IFS) they may be able to get corn ethanol up to an EROI of 5:1, about inline with SAGD tar sands production.

Mon, 04/09/2012 - 21:52 | 2330083 americanspirit
americanspirit's picture

Hi oilman8864 - the punsters on this thread don't have a clue. Anaerobic digestion is a long-established cost-effective technology with thousands of fully functioning plants worldwide. There are fewer than a hundred AD plants in the US for some very basic reasons, but the technology is sound, as you point out. For all the juvenile snickers being displayed here what is really being displayed is pure ignorance. If any of the wise-guys on this thread really care about being infomed may I suggest that you search for keywords biogas electricity manure. No shit.

Oh - and using biogas to provide heat for ethanol production is a pretty good idea - except that ethanol is a pretty bad idea. But just because the application is stupid doesn't mean the technology is invalid. Simplistic thinking yields idiotic results.

Mon, 04/09/2012 - 22:04 | 2330144 LarryDavis
LarryDavis's picture

I think ethanol is better than 110 dollar crude.

Mon, 04/09/2012 - 22:29 | 2330205 LarryDavis
LarryDavis's picture

It could sound racist and may well be racist as well, but I would rather give anyone my fucking money over lunatic arabs with Gucci hovercrafts making sure their countrymen only eat dirt which they regurgitate into vaginas of the opressed women and believe in some religion whose barbarism harkens back to the fucking stone age.  (in Saudi Arabia women can't drive but their OPEC ministers pretty much call the shots for our entire motherfucking economy-and stupid motherfuckers want to say Ethanol is a "bad idea"...not really the adjectival description I wanted. Are wars and ideological conflicts preferable? Do you want your economy beholden to some sheik strung out from a month in Paris (aka Ramamdan) banging call girls?) If Ethanol is a "bad idea" then even Poe would have great difficulty describing the macabre we know as oil.

Mon, 04/09/2012 - 23:39 | 2330354 The Gooch
The Gooch's picture

the amount of oil needed to produce ethanol = the same ending. "The practices and practitioners of infinite growth model and the reality of finite resources are meeting their natural conclusion" - The Gooch.

Mon, 04/09/2012 - 23:40 | 2330355 The Gooch
The Gooch's picture

the amount of oil needed to produce ethanol = the same ending. "The practices and practitioners of infinite growth model and the reality of finite resources are meeting their natural conclusion" - The Gooch.

Mon, 04/09/2012 - 23:19 | 2330310 GMadScientist
GMadScientist's picture

I think conservation is better than either one.


Mon, 04/09/2012 - 23:40 | 2330353 surfer433
surfer433's picture

I am going wacko here.  Every tankful of ethenol starves another child somewhere in the world.


[due to higher food prices]



Mon, 04/09/2012 - 23:47 | 2330366 GMadScientist
GMadScientist's picture

And the diesel to get said corn to them will come from?


Tue, 04/10/2012 - 01:07 | 2330450 LarryDavis
LarryDavis's picture

What is oil above 100 costing?

Mon, 04/09/2012 - 22:09 | 2330159 Jon Bong Jovi
Jon Bong Jovi's picture

Keep droppin' knowledge.

You make some good cigarettes, bro. 

Mon, 04/09/2012 - 22:13 | 2330166 nmewn
nmewn's picture

The government is not a bank dammit!!!

If he (Mr.McNinch) wants to do it, fine, pay for it out of his own pocket or find investors or get a loan. Only the government would pay $333,000 per person to shovel shit.

"...except that ethanol is a pretty bad idea."

He was on the ethanol bandwagon a couple years ago...see below...

Mon, 04/09/2012 - 22:24 | 2330197 lasvegaspersona
lasvegaspersona's picture

am spir

It is not the technology being mocked here, re-read and contemplate, I'm certain you will eventually get the joke...and the anger...

Tue, 04/10/2012 - 02:47 | 2330536 oilman8864
oilman8864's picture

3,000 cows gives you about 6,000,000 pounds of manure a year. If I recall, (it was in the newspaper here) the plant cost $2 million. I don't recall any susidy. But $2 million isn't much to a farmer these days. Tractors cost $350,000. Farms pay a lot of money for energy. 

Mon, 04/09/2012 - 22:08 | 2330153 A Nanny Moose
A Nanny Moose's picture

Perhaps so, but how much gumbint stimuli paid for it?

Mon, 04/09/2012 - 22:19 | 2330163 Yardfarmer
Yardfarmer's picture

right on. anaerobic digesters transform barn manure into biogas about 60% combustible methane. biogas is used to fuel a combined heat and power unit which powers engines and generators. 30% of the available energy is turned into available electricity with the remainder used to warm farm houses and to keep the digester as an even 100 degrees Fahrenheit. the processed liquid and manure residue is diverted out of the digester for fertilizer. this process is also being applied to process unsold produce from the big box stores. there are presently about 170 anaerobic digesters in use in 257,000 animal feeding operations throughout the nation. however "only farms with 500 or more cows have been able to make a digester cost feasible" as biodigesting systems are prohibitively expensive (over $1 million!) However, Steve Reinford has made  profitable enterprise of his biodigester. "each month he makes up to $1,300 selling digested solids as cow bedding and another $600 to $700 on renewable energy credits. Add the excess electricity he sells to the grid and Reinford estimates he's making a pretax profit of $200,000 a year. Reinford says he hasn't bought any fuel for the past two years for the house or the barn" not bad for cowshit, eh?

Mon, 04/09/2012 - 23:18 | 2330309 GMadScientist
GMadScientist's picture

$1300 + $700 * 12 == $200k?!

Not unless he's somehow generating gigawatts with cowshit. Try again. A 130kW digester will not make anyone rich (the soil, on the other hand...).

Tue, 04/10/2012 - 01:54 | 2330495 Matt
Matt's picture

So, he is saving an unknown amount (as we do not know his previous consumption of heating oil for the house and barns previously.

On top of that, he sells a product for $1300 a month, so `$15K per year, on a $1 million+ system. on its own, this system would likely need replacement before it paid for itself, not counting the unknown savings.

However, between various credits, subsidies, etc. for A) having the system and B) selling power to the grid at an unknown mark-up over the market price for electricity, he generates an additional $185K per year. He could be getting paid $0.80 per KwH in a market with $0.10 KwH residential rates.

Mon, 04/09/2012 - 22:40 | 2330233 Dr. Engali
Dr. Engali's picture

That's fantastic, more power to them. But that's not the issue. The issue is they got 5 million Bernank bucks to do it.

Tue, 04/10/2012 - 02:29 | 2330519 Element
Element's picture

Yes but its $5 million bernankes for 15 new (slightly soiled) jobs.


$333,333 per job ... yes we shit-can!

Mon, 04/09/2012 - 21:24 | 2330001 Schacht Mat
Schacht Mat's picture

And you thought that the wind turbine NIMBY crowd was a tough bunch - how about this cowpie next door ....  I'm guessing that the demonstrator unit isn't planned for the White House lawn - just thinking out loud here ...

Mon, 04/09/2012 - 22:09 | 2330155 delacroix
delacroix's picture

the whitehouse already has a bullshit plant

Mon, 04/09/2012 - 21:24 | 2330002 zanez
zanez's picture


Mon, 04/09/2012 - 23:43 | 2330361 surfer433
surfer433's picture

Going long on FECES tomorrow!


Mon, 04/09/2012 - 21:25 | 2330004 zanez
zanez's picture

Slap one of these plants in D.C. - it would power the Eastern seaboard.

Mon, 04/09/2012 - 21:25 | 2330005 o2sd
o2sd's picture

Biogas plants are used successfully in Vietnam, China, India and many other places around the world to provide cheap cooking fuel, liquid fertiliser, reduce emissions and generally improve the health and wealth of those who use this technology. Payback is usually ~5 years, with an internal rate of return of around 10-15%.

Just goes to show that an American can fuck up even the simplest of things.


Mon, 04/09/2012 - 21:25 | 2330006 nmewn
nmewn's picture


Free Holstein Hotrods for everyone!

Mon, 04/09/2012 - 21:26 | 2330007 Evil Bugeyes
Evil Bugeyes's picture

$5M for 15 jobs works out to $333K/job. At that rate, it would take $4.22 trillion to create jobs for the 12.67 million unemployed people in the US.

If it actually works, that is. How many jobs was Solyndra supposed to create again?



Mon, 04/09/2012 - 21:26 | 2330010 Common_Cents22
Common_Cents22's picture

shit IS expensive afterall!

Mon, 04/09/2012 - 21:26 | 2330011 zanez
zanez's picture

...and I thought I was working a shit job.

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