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I think the story that put me in the best mood was the story that Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates are going to unravel President Obama's Arab Spring policies. This has a number of interesting story lines which I noted in an earlier post.
The second story that put me in a real good mood was an article in Forbes that recommended three oil companies in which to invest in at the present time. One of the three is exactly what I had already decided to do. I don't think I have posted that story yet. Link here.
The third story has to do with GE which is going to make a gazillion dollars building a solar farm in Japan. Link here. When you get to that story, remember:
From an August 25, 2014, post, this is 30-second sound bit for "cost of renewable megawatt":The fourth story was a silly story on the demise of gasoline as a transportation fuel. It is an incredibly silly story and I will get around to posting it later. Link here.
- Solar: $3 million / MW
- Wind: $2.5 million / MW
- Natural gas: $865,000 / MW
The fifth story is a link to a conference on horizontal drilling cost reduction and a graphic showing most cost-effective oil shale oil plays in the US.
A sixth story that relates to the silly story noted above: US refineries boost oil to record as oil prices plunge. Think about that. We can't export oil (some exceptions) but we can export refined products, and the US is doing that, as my dad used to say, "in spades." Link here.
And, of course, the last story: the market gets it. Surging today.
Oh, no, I see one more story: piling on. Sebelius -- rolled out ObamaCare -- she says "ObamaCare" is a "very bad brand name." Well, duh. Not really. You can add lipstick to a pig, but it's still a pig. If ObamaCare was a great product, ObamaCare would be a great brand name: it's short, snappy, and tells a story. It's better than Coca-Cola or Sprint or Apple, none of which relate at all to what they sell. ObamaCare says it all. As far as Sebelius goes: add her to the Schumer - Reid list of those who got snookered.
Tweeting right now, 10:06 a.m. CT, December 11, 2014: European Space Agency's Rosetta mission to Comet 67P finds in 1st tests that comet's water composition differs from Earth's oceans - @ESA_Rosetta. Coincidentally, this was reported yesterday: Earth's water may have come from asteroids, not comets.
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