[P2P-F] Fw: Obama's Energy Cronies

[robert searle]

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From: Energy and Capital <eac-eletter at angelnexus.com>
To: dharao4 at yahoo.co.uk 
Sent: Saturday, 3 March 2012, 13:08
Subject: Obama's Energy Cronies

 

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Obama's Energy Cronies
By Nick Hodge | Saturday, March 3rd, 2012
 
We can't forget about the other implications of $105+ oil.
Sure, it sends oil drillers and service companies higher. And most of our recent coverage has been dedicated to that end.
But it also heats up the search for and the attractiveness of alternatives.
Of course, not all alternatives are created equal...
We've seen what can happen when energy technologies are chosen based on cronyism, and not solely on their economic merits.
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Obama's Solar Blunder Cost Taxpayers 
More Than a Half Billion Dollars!
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didn't take a dime of your tax dollars...
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No less than 80% of the stimulus loans and grants given by the Department of Energy to alternative energy companies has gone to companies either run by or primarily owned by Obama's financial backers — individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.
That's a large chunk: about $16.4 billion out of $20.5 billion in issued loans.
A CBS News report in January found that at least 12 companies that received billions in Federal assistance were now in financial trouble.
Five have already gone bankrupt: Beacon Power, Evergreen Solar, SpectraWatt, Eastern Energy, and Solyndra.
Last week, Abound Solar announced it was laying off 280 workers (70% of its staff) and delaying a new factory in Indiana. Abound got $400 million of your tax dollars.
That's a far cry from July 2010, when Obama said Abound would use the money to “manufacture advanced solar panels at two new plants, creating more than 2,000 construction jobs and 1,500 permanent jobs" at plants in Indiana and Colorado.
But that's what you get when you pick energy investments based on the Buddy System...
That's not how we do things around here.
We know energy alternatives will be successful because of market factors: higher conventional energy prices, less easy-to-get oil, a leapfrogging Third World, and efficiency.
We've delivered you numerous winners in the space, and there will be plenty more to come — not because it's trendy, or green, or the right thing to do, or because the companies will help us get reelected...
But because we've evaluated the opportunities and find them to be good investments given current market conditions. 
That's exactly the case with this solar company.
It doesn't take government handouts.
In fact, it doesn't even make solar panels.
Instead, it makes a product that can turn any existing building into a mini power plant — at efficiencies once thought impossible.
In other words, the company is going to be successful no matter which political party its executives support.
That's how it's supposed to be.
Call it like you see it,
Nick Hodge
Editor, Energy and Capital
Profit by April 1: A New Options Play is Sounding Alarms
A little-known options play has just tripped Ian Cooper's "R-4 Trigger"... which means approximately 27 days from now, you'll have the opportunity to cash in for gains that could earn you $680 for every $1,000 you put in.
Rare Earth Supply Prayers Answered: Massive Mine Discovered in North America
A 1.4 billion ton mother lode of rare earths and other metals big enough to supply the world for 100 years has been unearthed in Canada... and a small exploration company holds the key to the technology needed to bring it all to market.
Obama Gives Fracturing the Green Light: Fed's Official Attitude on Fracturing 
Everyone leaning strongly against fossil fuel exploration has been sounding off on the topic of hydraulic fracturing, known now to popular culture simply as fracking. But it seems the Federal Government's own environmental watchdog, the EPA, has turned its back on the picket signs...
Nuclear Fuels Development: I Personally Have a Position in this Stock
Editor Jeff Siegel reveals an under-the-radar play in nuclear development.
Ron Paul's Silver: Two Ways to Profit from Silver
"He then pulled out a Silver Eagle, a silver coin that has nominal face value of one dollar that is legal tender. Ron Paul told Bernanke that in 2006, as he took the top spot at the Federal Reserve, an ounce of silver bought about 4 gallons of gas. Today, said Paul, it buys about 11."
East Africa, the New Oil Frontier: Smart Investors are Catching On... 
Analyst Ian Cooper uncovers the next hot spot for oil, and offers a few ideas on how to invest.
Presidential Oil Lies: Politicians Lie, the Market Doesn't 
No matter which side you lean toward personally, distortion of the truth from either side is detrimental to your bottom line. Here are some of the falsehoods I've heard... and how you can sidestep them to maximize your energy investments.
Smart Investors Play Natural Gas: Watching an Asian Trade War Erupt 
Keith Kohl digs deeper into an Asian trade war taking place.
Bull Market: Warren Buffett Predicts Good Times Ahead for America
This past Saturday, Buffett released his Annual Letter to Berkshire Hathaway shareholders. Many investors consider this to be the stock market equivalent of the Farmers' Almanac. His letter was quite upbeat and bullish.

UK's Secret Oil Deal with Somalia: The Iron Lady Would Approve 
A few years ago, the U.S. Geological Survey conducted their own analysis of East Africa and the area just off the coast of the Indian Ocean. Their conclusion: Over 71 billion barrels of crude lay untouched in shallow pockets dotting the East Africa region.
Buffett's Billion-Dollar BTU Blunder: Lost $2 Billion Betting on Natural Gas Prices 
Unlike Buffett and Energy Future Holdings, which bet on price and lost it all, this story has an interesting twist... The gas generated in British Columbia will be exported to Asia via a new pipeline and export facilities in Canada. Because of political ineptitude, we don't have that luxury in the U.S.
The Lowdown on High Gas Prices: Behind the Oil Curtain 
Oil speculators may not be the reason oil is back over $100 per barrel...
>From the Archives...Behind the Oil Curtain 2012-03-02 - Keith KohlHow to Fill Your Gas Tank for $1 a Gallon2012-03-01 - Stephanie GinterLost $2 Billion Betting on Natural Gas Prices2012-03-01 - Nick HodgeWatching an Asian Trade War Erupt2012-02-29 - Keith KohlOn The Verge of Another Overeaction2012-02-29 - Nathan Holl 

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