Brian Pursley

Comment Stream

Filter comments by:

Highest rated Latest comments

Or filter by symbol:

How Does the Financial Crisis Affect the Peak Oil Thesis?

There is no such thing as peak oil because hydrocarbons are infinite and renewable.
Oct 19 05:53 am |Rating: 0 0 |Link to Comment |View article
Pickens Explains His Plan

Oil is abiotic, renewable, and infinite. For the first time scientists have observed biomarkers contaminating abiotic oil: oilismastery.blogspot..../
Oct 02 16:07 pm |Rating: 0 0 |Link to Comment |View article
Price of Oil: Speculation vs. Fundamentals

Oil is abiotic, renewable, and infinite. For the first time scientists have observed biomarkers contaminating abiotic oil: oilismastery.blogspot..../
Oct 02 16:06 pm |Rating: 0 0 |Link to Comment |View article
5 Reasons Why the $700B Bailout Could Translate to $250 Oil

Hydrocarbons are infinite and the Earth is growing: oilismastery.blogspot..../

Oct 01 12:12 pm |Rating: 0 0 |Link to Comment |View article
Renewable Energy Development Falling Far Short of Potential

We need to invest more in renewable oil.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004

Unfortunately Mr. Market is emotional, irrational, unscientific, and afraid of the real world.
Oct 01 02:27 am |Rating: 0 0 |Link to Comment |View article
Renewable Energy Is On the Rise in U.S.

Oil is renewable.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004
Sep 27 12:51 pm |Rating: 0 0 |Link to Comment |View article
The Best Alternative Energy Play

The average new oil field discovery was 30 billion barrels 50 years ago? That's news to me since that would put the average well 50 years ago as the fourth biggest discovery in world history after Ghawar, Burgan, and Sugarloaf/Carioca.
Sep 25 14:33 pm |Rating: 0 0 |Link to Comment |View article
Is Eni Becoming Gazprom's European Twin?

I'm shocked by the ignorance.

It is a well known fact that Berlusconi is an FSB agent as revealed by Litvinenko.

Italy is part of the Eastern Block and a puppet state of Russia.

Therefore Eni is a subsidiary Gazprom.
Sep 25 14:23 pm |Rating: 0 0 |Link to Comment |View article
Analysts' Oil Forecasts Wildly Off Base

Oil is infinite.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004

"I do not know of any idea more likely to keep people impoverished than the idea that resources are natural, fixed, and finite. " -- Thomas R. DeGregori, economist, 2002

"The problem with the finite-resource theory is nicely illustrated by recent trends in oil production. There are 6,784 trillion fewer barrels of oil in the ground today than there were in 1981, the year in which relative oil scarcity was greatest. At first glance, then, one might think that the natural resource base has deteriorated. Yet oil is relatively more abundant today than it was 17 years ago." -- Jerry Taylor, political scientist, 1998

"The industry will never run out of oil, not in 10,000 years. Some day, it may run out of customers. Every mineral industry is a perpetual tug-of-war, between diminishing returns and increasing knowledge." -- Morris A. Adelman, economist, 1997

"Neither we, nor our grandchildren, nor their grandchildren will live to see the end of the oil era." -- Karl-Heinz Schult-Bornemann, geologist, 1997

"We now have in our hands—really, in our libraries—the technology to feed, clothe, and supply energy to an ever-growing population for the next seven billion years." -- Julian L. Simon, economist, 1995

"It is obvious that the total amount of petroleum in the rocks underlying the surface ... is large beyond computation." -- Edward Orton, geologist, 1888

oilismastery.blogspot..../
Sep 24 16:55 pm |Rating: 0 0 |Link to Comment |View article
Lehman Collapse Causes Funding Difficulties for Renewable Energy Companies

Oil and gas are renewable and the companies in the sector are well funded.

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004
Sep 23 21:30 pm |Rating: 0 0 |Link to Comment |View article
Hedge Funds Finding New Ways to Short

I have a better idea. Take your capital, leave the country, and never come back. The next totalitarian step after banning short selling is obviously to freeze our bank accounts and prevent us from leaving the country in search of financial freedom.
Sep 23 15:48 pm |Rating: 0 0 |Link to Comment |View article
"Peak Oil Pundit" Predicts Rally to $500 a Barrel

"Peak Oil theory is garbage as far as we’re concerned." -- Robert W. Esser, 2006

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004

oilismastery.blogspot..../
Sep 23 14:14 pm |Rating: 0 0 |Link to Comment |View article
Why Short-Selling Bans Cause Problems

It's called totalitarian fascism aka bipartisan socialism. Welcome to the USSA. The coup leaders Bush, Paulson, and Bernanke are jealous of the authoritarian powers in Pakistan and so they are imitating the Taliban. Guess which country didn't participate in the biggest emerging markets rally in 20 years? The only country totalitarian enough to ban short selling besides the USSA, namely Pakistan.

Needless to say this is going to cause a market crash as capital, money managers, and hedge fund managers flee the country in search of economic freedom. The next step is Bush and Paulson freeze our bank accounts and prevent us from leaving the country.
Sep 22 15:56 pm |Rating: 0 0 |Link to Comment |View article
Why "Drill, Baby, Drill!" Does Not Translate Into Effective National Energy Policy

Like the peak oil cultists Simmons and Pickens I'm actually invested in oil and I profit from the myth of scarcity based upon ignorance of modern Russian petroleum science. Domestic drilling should be illegal forever. And you should pay me $1000 per barrel for my oil.
Sep 22 15:48 pm |Rating: 0 -1 |Link to Comment |View article
SEC Bans Shorting Financials

https://admin.minyanvi...
Sep 19 22:47 pm |Rating: 0 0 |Link to Comment |View article

Brian Pursley's Comments Stream Stats

279 Comments, 1 , 6
Total Comment Stream rating - = -5

Free E-Newsletters
Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
The Macro View - Sample Seeking Alpha - The Macro View Market Outlook An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Oil Price Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning Oil Down 48% from Highs by Bespoke Investment Group Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon Economy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
Investing Ideas - Sample Seeking Alpha - Investing Ideas Cramer's Picks Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham Long Ideas Utilities Beginning to Generate Interest for Longs by Joe Kunkle The Long Case for Encore Capital by Value Investor Insight 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan Two Global Infrastructure Investment Opportunities in ETFs by Investment U Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham Short Ideas Why Short Sellers Are the Heroes of Wall Street by Investment U Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger Email continues...
Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
Email continues...
Stocks & Sectors - Sample Seeking Alpha - Stocks & Sectors Internet eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman Is Google Feeling Lucky? by Sam Gustin Why Today Could Suck for Tech by Kevin Maney Media A Triple Financial Whammy Afflicts Newspapers by Ken Doctor Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld How Will Arbitron Fare in This Market? by Sreeni Meka Telecom Ten Ways to Invest in Louisiana by Stockerblog Earnings Preview: Electro-Optical Engineering by theflyonthewall.com Shared Docks Via WiFi All the Rage by Dean Bubley Financial Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson Reality Bites As Stocks Continue To Collapse by The Mole LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald Email continues...
Global Markets - Sample Seeking Alpha - Global Markets China An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript Perfect World Announces Share Repurchase Program by Trader Mark China: Hot Money Inflows Down, Nervousness Up by Michael Pettis India Indian Economy Has Much to Cheer About by Equitymaster India: RBI Cuts Cash Reserve Ratio by Equitymaster India: Markets Continue Downward by Equitymaster Japan Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media Asia Four International Dividend Stocks to Watch by David Hunkar Eastern Europe Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
Alternative Energy Investing - Sample Seeking Alpha - Alternative Energy Alternative Energy Seven Stocks for an Impending Apocalypse by H.J. Huneycutt Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz Trina Solar Looks Good, Though Market Yawns by Trader Mark The Electric Car Market: Wise Energy Use Stocks by Tom Konrad Investing in the Power of the Sea
ETF Daily - Sample Seeking Alpha - ETF Daily Sector ETFs Too Early To Buy Homebuilders ETF by Larry MacDonald Utilities Beginning to Generate Interest for Longs by Joe Kunkle Two Global Infrastructure Investment Opportunities in ETFs by Investment U New ETFs First Trust Launches Infrastructure ETF with Global Reach by Index Universe Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla Emerging Market ETFs Brazil Is the Best of BRIC by Carl T. Delfeld Playing the Market in Difficult Times by Jason Hamlin
The Daily Dispatch - Sample Seeking Alpha - Daily Dispatch Wall Street Breakfast Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby US Market An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Housing & Real Estate Too Early To Buy Homebuilders ETF by Larry MacDonald Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono Transcripts TrueBlue, Inc. Q3 2008 Earnings Call Transcript Polycom, Inc. Q3 2008 Earnings Call Transcript ETF Too Early To Buy Homebuilders ETF by Larry MacDonald
We don't spam