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Hillary's Big Oil friends

Posted on 09/23/2007 9:45:45 AM PDT by SubmarineNuke

George Stephanopolus interviewed Hillary Clinton this morning. After the LONG interview, there was a Conoco/Philips commercial for its Tyson Renewable project. Conoco didn’t mention Tyson by name. They just called them “one of America’s largest food processors”.

You remember Tyson don't you? Remember Hillary's skilled foray into options trading?

Just so you know what CP and Tyson's "renewable diesel" is about, it's a mechanism for Big-Oil to grab $1.00 per gallon in federal tax credits (a subsidy, for what some people call mixing a little fat with diesel fuel) ON TOP of the huge, HUGE profits that they are already pulling down. That is ONE WHOLE DOLLAR for every gallon they produce....right out of the US Treasury. Our money to make them richer.

I've noticed that Hillary hasn't attacked big oil yet. Oil is headed to $100-125 in the next year folks. Count on it. I'm sure she has a very European like tax in store for us, bringing gasoline over the $6.00/gal mark. Her friends at CP and Tyson will then step in with their renewable diesel. Just why in the hell would CP and/or Tyson need another one of your dollars for every gallon that you purchase?

To be clear, "renewable diesel" is NOT bio-diesel.

Talk about insane, more money for big oil with the help of their friends.

I'm not sure what that means (the fact that Tyson wasn't mentioned by name). The whole point of Big Oil’s recent spate of political hour commercials can only be to associate their names with the good of all humanity, and that Tyson wasn't mentioned with such politics really says something. Apparently, the Tyson-Clinton political machine is hard at work once again.

The politics of oil money.

Some things never change.

TOPICS: Business/Economy; Miscellaneous
KEYWORDS: bigoildemocrats; clintonistas; conoco; conocophillips; hillary; oil; tyson; tysonfood
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To: SubmarineNuke
My bet is that it’s headed north. My wife thinks like you. She is definitely right more often than I, so let’s hope you are both right.

>>> When <<< it turns out that Syria isn’t going to retaliate and the fed cut bounce wears off.

Watch the stockpile numbers. When the annual slowdown occurs in the fall and inventories are full and the price of crude is jacked so high there is frost on the barrels watch the pro's go short and suck all the money out of the amateur speculators.

21 posted on 09/23/2007 10:51:52 AM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: monocle

Right you are about consumption.
It’s that future consumption (mainly in China and India) that has some experts saying that $100bbl oil is not far away.

Anyone could say that oil will get to $125. Its the “when will it get there” that makes a difference. It’ll get there for sure one day. When? My guess is by JAN 09.

Again, my ole lady says I’m an idiot. (she knows I call her the ‘ole lady’ guys, so extortion wont work).

22 posted on 09/23/2007 10:59:21 AM PDT by SubmarineNuke (To the Sea I shall return)
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To: monocle

There is a MASSIVE source of altrnative energy, that is not being utilized, aor at least not to the degree it could be, given the cost of the raw materials.

Turning trash into energy, through the use of a plasma burner, offers a double bonus, reducing potential landfill, and plentiful electic power at reasonable cost. The concept is really wonderfully simple, in that by generating an electrically induced plasma arc, the finely granulated piles of waste, of mostly organic origin, once fed into this plasma arc, are broken down into hydrogen and carbon monoxide, the first step of a Fischer-Tropsch reaction. Rather than proceed further, this syngas fuel is used to directly for electric power generation, either by a gas turbine or by driving a steam boiler generation plant. The non-organic parts of the trash stream are reduced to a molten glasslike substance, composed mainly of silicate minerals or of metallic oxides, which have their own industrial uses. Once the system has had the necessary first induction of energy to creat the plasma, the plasma can continue to be powered by the output of the cower plant, with enough power generation left over to make about three-quarters of it available for other purposes.

New York City alone could generate enough power from its existing landfills and daily trash production to adequately power all its current and anticipated future needs, and even export a sizable quanty of energy. Since it may cost about $90 a ton or more to move the trash to the current forms of disposal, if the costs could be held to about a third of that, it immediately becomes very cost-effective.

Check out the following:

This may be something the “greenies” could be talked into doing, that cleans up some of the accumulated trash stream, and helps the environment at the same time. And it is essentially “carbon neutral”, as very few if any fossil fuels are involved.

23 posted on 09/23/2007 11:10:05 AM PDT by alloysteel (As Commander in Chief, who would treat the Secret Service with the most respect?)
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To: alloysteel
Are you implying that "big oil" is preventing the implementation of the process you described? One problem you failed to acknowledge is the potential for pollution from the process. I would suspect that garbage contains significant quantities of sulfur, chlorine and other undesirable pollutants which would be gasified in the process.

If the process is as economically viable as you suggest, why hasn't some enterprising company or individual announced their interest in exploiting the process. Generally there is no shortage of profit-seekers looking for new opportunities.

24 posted on 09/23/2007 11:37:26 AM PDT by monocle
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To: monocle

To be sure, this is new technology, and there is a resistance to its adoption.

At first.

But the “killer app” would be its adoption by, say, some community in California, where the huge flow of daily trash production, and the relative paucity of power generation stations, all compound with the restrictions of the California Air Resources Board, to create a DEMAND for one of these highly developed systems. The system can be placed in close conjunction with the trash collection points, and the products (syngas fuel and a glasslike slag) may both be refined for further use, by using “scrubber” technology already designed for fossil fuel plants. The volatiles like sulfur or metallic vapors (lead and mercury, mostly) are all pulled out of the product stream and sequestered before they escape the exhaust stack. The system is GREAT for destroying highly toxic organic chemicals like polychlorinated bi-phenyls or organic pesticides. Not even cyanides get past this plasma torch.

The process may also be used to produce elemental hydrogen (by a separation process that takes the carbon monoxide out of the syngas mix), which may be used to power fuel cells, while the carbon monoxide is burned as a fuel directly in a power generation station. A steam fired boiler or internal combustion engine works perfectly well with carbon monoxide as its only fuel.

This should not only be considered a supplement to existing energy sources, but as an outright replacement for some, as these systems allow the diversion of petroleum into higher-value products, like plastics and industrial feedstocks, and allow a way to dispose of the residual energy in these products once their economic value has been extracted.

25 posted on 09/23/2007 12:08:03 PM PDT by alloysteel (As Commander in Chief, who would treat the Secret Service with the most respect?)
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To: SubmarineNuke

No mention of Senator Harken’s (sp?) wife...some years back she was
revealed to have a fair chunk of Conoco stock (due to a public filing)

26 posted on 09/23/2007 12:11:30 PM PDT by VOA
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To: gunservative
Don’t forget that Tom Harkin’s wife, Ruth, is a member of
the Board of Directors of ConocoPhillips and will likely
be a big Hillary supporter.

Note to self: at least try to scan thread before posting!
(re post 26)
27 posted on 09/23/2007 12:13:32 PM PDT by VOA
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To: alloysteel

The question is if the process is technologically superior and is economically viable why hasn’t it been commercialized?

28 posted on 09/23/2007 12:16:44 PM PDT by monocle
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To: SubmarineNuke

Restricting travel is one of the tools of a good dictator. Herself and her buddies are setting this up for her.

29 posted on 09/23/2007 12:39:00 PM PDT by Shady
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To: monocle

One of the obstacles to its wider adoption, is that a full-sized plant, capable of consuming 2,000 tones of trash daily (about as much as would be produced by a million population) costs about $250 million.

And a quarter billion, even in today’s inflated and superheated economy, is nothing to be sneezed at. Although, that is probably less than setting up a nuclear power plant. And there is no residual radioactive contamination.

30 posted on 09/23/2007 12:41:28 PM PDT by alloysteel (As Commander in Chief, who would treat the Secret Service with the most respect?)
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To: alloysteel
Raising that amount of capital for an economically feasible project should not be much of a hurdle. A semiconductor chip plant can easily cost a billion dollars and the chip industry is notably volatile. Damages in some lawsuits run much hight than your $250 million estimate.

On a technical point, the process you're promoting is basically converting one energy form into another, much like the ethanol industry. The question then becomes energy in versus energy out. Other energy considerations are that garbage generally contains high amounts of water which has one of the higher heats of vaporization and that unless the combustible gases can be utilized nearby significant energy losses will be incurred due to cooling.

31 posted on 09/23/2007 1:00:53 PM PDT by monocle
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To: SubmarineNuke

They just want to take over more big business. Get our country in a position to be state or world owned so they can put in who ever they want to run it.

32 posted on 09/23/2007 1:42:27 PM PDT by freekitty (May the eagles long fly over our beautiful and free American sky.)
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To: SubmarineNuke

There’s no question that US based oil companies have become international players but I doubt any are happy about the ban on drilling in the US. There are some easy pickings off the California coast. Unocal has the drilling records and would sell them cheap if some company got the go ahead. The real pity is, California is so short of burner tip energy and can’t seem to understand why.

33 posted on 09/23/2007 1:55:41 PM PDT by Eric in the Ozarks (Go Hawks !)
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