Re: America needs to export energy now

You are so smart that being a snookered and dumbfounded fool is about
as good as it ever gets. No wonder you can't imagine that you're
being summarily screwed by your own brown-nosed kind.

Is there anything that our government tells us that isn't in one way
or another a lie?

Is the excluding of evidence the sort of faith-based government that
Mook supports, much like that Hitler one of yours which also didn't
quite pay off as planned.

You keep preaching to the big-energy Third Reich that already knows
all there is to know, but clearly doesn't actually give any tinkers
damn about ever reducing the consumer cost of their energy, or much
less of allowing others to obtain any commercial amounts of whatever
"green hydrogen", and obviously even by way of lord Mook standards is
what makes LH2 unlikely, and clearly God forbid h2o2.
.- Brad Guth


On Jan 27, 11:24 am, Willie.Moo...@xxxxxxxxx wrote:
On Jan 27, 10:31 am, BradGuth <bradg...@xxxxxxxxx> wrote:

But you could have accomplished all of this as of 10 years ago,
because based upon your own numbers it would have made good economic
sense way back then.

I'd like to know how?

Sure, the numbers make sense. But, you've got to believe them, and
what I predicted about oil prices, which happened as I predicted, but
how do you convince folks BEFORE the fact?

After all, half the world's oil was held by rogue regimes, and it
wasn't as clear 10 years ago that all the reserves that would be
discovered were in fact discovered. All you have to do is show that
those reserves come on the market and compete with existing producers,
and we're back to $12 per barrel oil again. In fact, if my cost of
production is $6 to $8 per barrel, you can bet that oil prices would
drop to $6 to $8 per barrel before I get into production. This was
spelled out to me explicitly by oil company after oil company that
wanted to buy my technology.

As recently as 2004 oil was $18 per barrel and our costs are $6 to $8
per barrel - and some people thought the cost of oil might be
peaking. I presented this plan, with a lot more detail than I can
present here, to the White House and Congress in December 2004 - after
the Saudi's went off their $22 per barrel price cap.

I told Congress to buy 250 million barrels of oil from me at $25 per
barrel today for the strategic petroleum reserve. No money today, but
the contract would give me the clout I needed to raise funds to
convert lands I have options on in Nevada, Arizona and New Mexico -
and send a powerful signal to OPEC that they should moderate prices.

If done rightly, they could even invest in this new program and reap
the same revenue streams they're getting today - so OPEC riches could
actually fund US development - by letting them own a portion of the
output. I'd be in a domestic supply chain upstream and leave the
downstream to the existing players - focusing on technical innovation
and specialization and expanding supply rather than vertical
integration.

They didn't buy it then because they felt after hearing expert
testimony from the oil majors that $22 a barrel would just be a blip
in a move toward lower prices as freedom and regime changes were
instituted in Iraq and Libya and Iran - and oil would be $12 per
barrel soon. Then Congress and the White House would look foolish
buying into a $25 per barrel oil when oil prices were $22 per
barrel..

You may recall that some during the run up to the war in Iraq
commentators on CNN predicted $1.50 per gallon gasoline soon after a
successful invasion of Iraq, where we would be greeted as liberators
by the locals, and the world would love and respect the US for ending
the threat of WMDs on Europe's border.

haha.. none of that happened.

What did happen after my tour of Washington is that my machine shop
business, and my two angel investors that summer all ran into serious
difficulties. Old trusted customers went elsewhere, and credit lines
dried up. One angel declared bankruptcy and is in a helluva mess.
Another followed suit.

http://www.bizjournals.com/columbus/stories/2006/05/08/story8.html?js...http://www.bizjournals.com/columbus/stories/2006/11/27/story13.html?f...http://www.bizjournals.com/columbus/stories/2007/11/05/story9.html?an...

How can you go from $1.5 billion in sales one day to owing $58 million
in debt the other with zero income the next? Well, we all depend on
others for our success don't we. And if those others don't support us
- well, our success changes.

Also, I have 22 smaller investors I've accumulated over the years. One
investor in Pennsylvania,has a nephew who is a securities lawyer who
works in a big law firm in Philadelphia. This law firm works for major
oil companies. Well, for some damn reason they were looking at things
and they found a problem with some of the membership interests we wold
a few years previously on $20,000 invested - and they wanted not just
their money back, but EVERYONE to get ALL their money back with
interest. lol. So, that's been interesting.

No one in government wants to talk to a company like this - who cannot
even manage their own affairs!

About this same time someone came up from Florida and offered us $100
million for everything -lock stock and barrel. It would get everyone
off the hook. This is October 2005 - I didn't buy it primarily
because they didn't have a solid structure. The $100 million was very
iffy - and they didn't really have a plan for developing the
technology or the business - they preferred to focus on our pain and
how they could ameliorate it. They were very effective at getting
three friends who were successful and trusted one another - at each
others throats.

Meanwhile, folks we had developed as possible coal sources -
converting coal to petrol with solar hydrogen - were approached by
majors who offered to convert coal to petrol without solar hydrogen.
So, folks that knew us, folks that trusted us, and folks that believed
in the technology and had the capacity to bail us out, were offered a
better deal from a bigger company doing comparable things - just
without the solar hydrogen component that would create a long term
liability for fossil fuel producers, and a long term benefit to me and
my investors;

http://www.urbanohio.com/forum2/index.php?topic=9353

Now, in life, *** happens. Were the powers that be out to get me?
Some think so. I have no direct evidence of that. So, I can't say
for sure. The only thing I can do is my best, and I think I've done
that. My grandfather told me once its not what happens in your life,
its how you respond to it that counts. So, I have responded in ways
that i think have moved the project forward.

The folks that voted for the war, were told a lot of things about WMDs
and oil prices. Not just by the White House, but by respected
experts. People who had a different story were marginalized. No one
seriously believed them. After 2006 no one seriously believed me any
more in Washington - I was marginalized on many fronts. If there was
a campaign I think it would have been justified by the thought that
energy is strategically important to the USA and that the USA cannot
rely strategically on this new technology yet. That is, people would
abandon the Middle East and hop on this technology in a big way if it
were credible to them. This would represent a huge risk to US
stability. So, a program to marginalize - but not destroy - this
technology - could be justified in some minds. Of course, others leap
in to take advantage without worrying about the USA. And those who
might carry out such programs - don't worry about common mode
failures.

But this commentary is really a waste of time isn't it? I mean I
can't know for sure what's going on. The only thing I know is I have
difficulties I've got to address and move forward positively to
address them..

One of the greeatest blessings I've had over the last 4 years is I had
a daughter with a lovely lady in Switzerland. I moved there and set
up a trust for her. I was introduced to international banking - and
project financing. So, I set up an off shore trust, and began
developing contacts overseas to arrange for projects that would use my
technology.

http://www.mitrais.com/mining/miningNews060818.asp
See the article on Sugico Mok to develop brown coal.

http://www.bni.co.id/Portals/0/Document/Coal.pdf
see the bottom of page 5 - and that's 20 million liters per day,not
barrels. lol.

In the meantime, oil keeps rising in price as China and India keep
demanding more. Today, with oil at $98 per barrel, and our costs at
$8 to $11 per barrel (coal prices have gone up as well as capital
costs) and one major OPEC supplier after another running into
production limits, with one (Indonesia) actually becoming a net
importer of oil, things are different today.

Besides, even major oil companies take decades to organize the
financing and development of new fields. I am not a major, and this
it brand new technology. I signed the agreement for the low-rank coal
and land reclamation work in August 2006. I cannot imagine things
moving more rapidly than they have.

Oh sure, in an ideal world the White House would have backed Congress
buying $6.25 billion - payment due after delivery - in oil in 2005 and
the major oil companies would have followed suit with similar off-take
contracts going forward - and we'd be paying $25 per barrel today and
we'd discover that Saddam like Khadafi wasn't so bad as long they
would sell us oil at $25 per barrel -

But things don't work that way because change is one of the most
difficult things people have to deal with - and energy is an important
thing to change. We've been selling the same kerosene we use in our
jet and turbine engines for 180 years - to burn in oil lamps. The
people that supply that material have opposed change all that time.
It is unrealistic to expect them to welcome change today. This
creates a huge opportunity since such opposition is irrational - so a
rational response will win out. And that's what I'm doing.

The people who were fooled the past three years won't be fooled so
easily again - and those who gave bad advice in 2004-2007 will be
marginalized themselves by that bad advice - just by me doing my
little *** in Indonesia and Australia.

So, I'm happy - and soon, the world will be happy too.

There is no apparent way our DOE or any other government agency is
going to support the likes of honest folks, because that's not what
our government ever does.

You always dis the hard working men and women who serve us in the
American government. You forget that the government first and
foremost must make sure that the United States survives. Energy is an
important aspect of any industrial society. Assuring low cost
supplies of energy going forward at reasonable levels of risk is of
paramount importance ...

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