Global Economy Bursting?

[Restrain]

Wife just did a home that had two wind turbines, up on the N Tx plains where the wind blows....except in the summer. Cost was $33,000, return of apps $200/month. There is a high probability that the turbines will fail before they are paid off, especially if you consider a return on investment from an alternative investment of the cost.

 

[EDWARD BERRY]

Nm505,

Sounds Like You Are Practical And Got It Together-and Have More Special Needs Than Us Arkies.

Here, The Tree Huggers Are Touting Rain Barrels To Prevent Water Flow From Contaminating The Runoff--but It Only Catches 10% Of Site Run Off.

In The 40's We Caught It Because It Was Better To Wash Clothes (and Hair) Than The Mineral Well Water.

Way To Go.

 

[nm505]

Thank you, Ed. I appreciate that.

I have a question for Terrel if he is lurking. Probably really really silly... but with the lateral drilling possible for oil, is this a technology that would work for water? In the above mentioned Taos example along the Rio Grande gorge, there is water in the Rio Grande river which runs through the gorge. What if????? I guess you would need the water rights to send out a lateral drill from your original point and would probably get into big trouble if you sucked up water from the river. Seems like there were some international problems with sending lateral drills for oil across borders. But if you had them (water rights)?

Here, at least...water is already getting to the point where it is more valuable then oil. Not that the prices are that high but if you run low despite conservation measures (which NM has tried to do to their credit), there will be some sort of rationing and unfortunately that sometimes means the farmers lose out to the cities. Of course we don't need food..right? Just trying to look ahead abit.

 

[Randolph Kinney]

As US Debt To GDP Passes 101%, The Global Debt Ponzi Enters Its Final Stages

http://www.zerohedge.com/news/us-debt-gdp-passes-101-global-debt-ponzi-enters-its-final-stages

That the Fed is now actively monetizing US debt is beyond dispute.

Alas, with China, which has traditionally been the biggest buyer of US paper, no longer buying Treasurys, we are confident that the Fed will have no choice but to be dragged kicking and screaming once again into the fray, especially since traditional buyers of paper, even when allowing for exponential repo market leveraging (and someone please look at what is going on in the BoNY, State Street sponsored $15 trillion quicksand of repo'ed securities, which is the biggest black hole in the shadow banking system and will be the next pillar of the ponzi system to collapse) will be unable to keep up with US issuance. Especially since Primary Dealers already saw their Treasury holding rise to an all time high in the past week, and are loaded to the gills with US paper. So who is buying?

 

[Terrel L. Shields]

Oh, you could do it...but just dangle a pipe over the bridge The directional drillers now are very precise. In the Macondo accident not enough credit was given those rigs that were brought in immediately and begin drilling what is called a "relief" well. They turned that hole so precisely they got within yards of the blowout by simple telemetry and then by using magnetometers and echometers, turned the bit ever so carefully right into the old hole. Imagine trying to thread a piece of barbwire off the edge of a 3 story building and putting the end in a Coke bottle at night. That's how hard it would be.

The problem is that I looked at an AFE this week for a 5,200' hole. Authority for Expenditure is the estimated cost to drill a hole. $4,000,000 shy a few bucks. That's why the gas drillers are pulling out and going on an oil hunt. $2.50 for MCF means with a 20% royalty due the land owner means the well must make 2 BCF (Billion CU. Ft.) of gas to break even. That doesnt' include the cost to produce and compress the gas (the pipelines have higher pressures than the wells so a compressor squeezes the gas up to the pipeline pressure.) Really, 3-4 BCF wells are "break even". The price must rise or the gas drillers will have to stop.

 

[nm505]

Well, I certainly give the Macondo drillers a big thanks as we were all hanging on to every word you offered during that very stressful time. BUT, what you are saying is that it is terribly expensive and not practical for water?

And not to get you off my water topic which is so important to me...but why isn't the nat gas price rising given your scenario?

 

[Caterina Platt]

Well, I certainly give the Macondo drillers a big thanks as we were all hanging on to every word you offered during that very stressful time. BUT, what you are saying is that it is terribly expensive and not practical for water?

And not to get you off my water topic which is so important to me...but why isn't the nat gas price rising given your scenario?

All that water that flows from the Rio Grande, through the irrigation ditches in the summer...I think it was Link Summers that told us about 80% is lost to the dirt bottom ditches and evaporation. 80%!! Years ago when I was selling real esate, I ran into a man that was developing a plastic that they'd line the irrigation ditches with to avoid the cost of concreting them all. I wonder whatever happened to him. Another wonderful idea gone with the wind before implementation??

 

[nm505]

All that water that flows from the Rio Grande, through the irrigation ditches in the summer...I think it was Link Summers that told us about 80% is lost to the dirt bottom ditches and evaporation. 80%!! Years ago when I was selling real esate, I ran into a man that was developing a plastic that they'd line the irrigation ditches with to avoid the cost of concreting them all. I wonder whatever happened to him. Another wonderful idea gone with the wind before implementation??

Find him...find him NOW. 80% is outrageous. I had no idea. OR maybe we have a business opportunity.

 

[Caterina Platt]

Find him...find him NOW. 80% is outrageous. I had no idea. OR maybe we have a business opportunity.

There you go!! Now to just keep it here and not have to ship millions of acre feet to our dear neighbors in Texas once we save it. LOL.

Love you, Restrain, but....

You would have enjoyed the assignment I had that nearly killed me last week. Photovoltaic, net zero, HERS rating of something near the 50s and they weren't done tweeking it down yet, new construction on Rio Grande.

I actually did find 3 reasonable green home comps and one photovoltaic down near the ACC. The market isn't quit seeing a premium for the PV yet from what I could measure.

 

[Big ole Boy]

. whats the new new narrative now for energy .

....... a bunch of big fat lies piled onto some older big fat lies ...

.....



..... the stomachs of 7 billion people want energy now .........


.... and who will give it to them?


..... hunger ..... control of food ....

... control ..... of the sacred soul ......

.... what a mess