Pete Landrys Real Gas.com

Your ONLY Comprehensive Source of Ethanol FREE Gas Locations Throughout Louisiana’s 64 Parishes and Mississippi’s 82 Counties.

Pete Landrys Real Gas.com - Your ONLY Comprehensive Source of Ethanol FREE Gas Locations Throughout Louisiana’s 64 Parishes and Mississippi’s 82 Counties.

WEBSITE NEWS HIGHLIGHTS

“Pete’s” News Corner

  Your advocate for PURE Gasoline        “Laissez les bon temps rouler”                      Contact “Pete” at:                        way2gopete@yahoo.com                  

   ALL ABOUT ETHANOL GASOLINE ISSUES AND MUCH, MUCH MORE!

———————————————————————————————————- 

    *     *     *     BREAKING NEWS     *     *     *

BREAKING NEWS:  LSU’s boys basketball team LOST to Tennessee, a team they beat handily on their own court a months or so ago.  This is the inconsistency we’ve seen with the team all year.  This was a CRITICAL game for the Tigers and they ‘blew it’.   They just did NOT play with any energy………..strange???

——————————————————————————————————

  *   *  *   *    ARTICLES SUMMARY   *   *   *   *

LSU SPORTS ARTICLE:  Today (3/5) I posted a football article on the continuing battle by former LSU DC John Chavis as he tries to get his $400,000 penalty LSU claims he owes them dismissed for breaking his contract with LSU……see the LSU sports section for the details.  I have four more LSU football articles to post.  I will leave each up for 2 days to allow all readers to view them. 

—————————————————————————————————

 *  *  *   TODAY’S FEATURE ARTICLE   *  *  *

Today I posted a ethanol article by The Salt Lake Tribune titled “Gasoline Plunge Wiping Out Ethanol Profits“.  According to the article, “Ethanol producers are cutting output after getting squeezed by the biggest drop in gasoline prices since 2008.”  While the corn farmers and ethanol plants have been getting filthy rich off of consumers for the last 8 years since the Renewal Fuel Standard (RFS) became law, with higher food prices, continued damage to off road engines, damage to the Gulf of Mexico by fertilizer runoff, destroying conservation land to grow more and more corn, I just don’t feel sorry for these people anymore.  It is way past time that this RFS be repealed!  Please read the information below and if you have not already done so, PLEASE call, write or e-mail your States U.S. Representative and Senators and URGE them to support and vote for the Renewable Fuel Standard Reform Act of 2015 which has been introduced in both the U.S. House and Senate.   They need to hear from consumers LOUD AND CLEAR, OVER AND OVER!  If we all do that, we may have a chance of getting this law repealed!  

—————————————————————————————————-

PLEASE CALL, WRITE OR E-MAIL YOUR STATE’S U.S. SENATORS AND REPRESENTATIVES AND URGE THEM TO REPEAL THE RFS NOW – READ THE INFORMATION BELOW……

NOTE:  I will leave this up for all readers to have an opportunity to read the article and call, write or e-mail your State’s U.S. Senators and Representative to URGE them to support this bill to REPEAL the Renewal Fuel Standard!

Today (2/9) I posted an ethanol article from Todd Masson of Nola.com/The Times Picayune titledCongressional Bill Would Eliminate Corn-Ethanol Mandate“.  This bill was introduced in the U.S. House of Representatives and has both Republican and Democratic sponsors.  The bill is titledRenewable Fuel Standard Reform Act of 2015and it wouldeliminate the corn-based ethanol requirements and cap the amount of ethanol that can be blended into conventional gasoline at 10 percent“.

It is URGENT that we ALL phone, write and e-mail our U.S. Representatives and URGE them to support and vote for this bill.  I encourage you to also send your e-mail to both Louisiana U.S. Senators Vitter and Cassidy.  I have e-mail both Senators and urged them to introduce a similar bill in the Senate.  We must ring their phones off the hooks and flood their e-mail boxes to get heard!  This may be our BEST CHANCE to get this terrible regulation REPEALED!  See how to contact your States U.S. Representative and Senator on the website’s “How to Contact U.S. Congressmen” above on the page bar at the top of this page.  DO YOUR PART SOONEST!  E-mail them at least weekly or more often so we are heard!  Mississippi readers and readers of our website from other States, PLEASE also respond to this call ………we need everyone’s help if we have a chance to get this regulation repealed. 

—————————————————————————————————

  *  *  *   GUN CONTROL IN AMERICA   *  *  *

BREAKING GUN CONTROL  NEWS:  Today (1/19/15) I posted a new and VERY IMPORTANT gun control article on the website’s “Gun Control in America” page from NRA-ILA/Town Hall.com titled “Obama Moves to Advance U.N. Gun Ban Treaty“.  When you read the article, I encourage you to join the NRA Petition (the link is in the article) to send to ALL U.S. Senators, and if you can, make a small contribution to help the NRA in this effort (it’s ONLY $20 to become an NRA Member).  

Many people suspected Obama would try to somehow get the Senate to approve this TERRIBLE Treaty which he had his surrogate Secretary of State John Kerry sign last year.  It takes a 2/3 vote of the U.S. Senate to approve this before it could take affect.  Like I’ve outlined on this page, if this should pass a Senate vote, this would in essence CANCEL THE U.S. CONSTITUTION’S 2nd AMENDMENT and eventually result in the DISARMAMENT OF AMERICA!  

Should this treaty be approved by the U.S. Senate, which we all pray it DOES NOT, there would NO DOUBT be a SECOND AMERICAN REVOLUTION in the Country!  Americans WILL NOT give up their guns. All dictators in history became dictators AFTER they disarmed their constituents!  Obama seems to want to be ‘King or Dictator” of America.  Our biggest ally in this fight is the NRA and NAGR!  It is crucial that we support them (see links below)!! 

I URGE all gun owners and 2nd Amendment advocates to read this article and read the U.N. Treaty document (on the ‘Gun Control in America page titled “Lyons: Small-Arms Treaty, Big Second Amendment Threat” – July 16, 2014).  It is CRITICAL that we call, write and e-mail our Louisiana and Mississippi Senators at least weekly and URGE your Senator NOT TO VOTE for this U.N. Small Arms Treaty should it come up for a vote in the Senate (see how to contact them on the website’s “How to Contact US Congressmenpage).   By this article, Obama is trying to have world leaders and the U.N. put pressure on U.S. Senators to approve the treaty.  With Democrats out of leadership in the Senate, it is NOT likely that the new Republican Senate Speaker will ever bring it up for a vote.  BUT, we CAN’T ASSUME it won’t.  I encourage you to also join the petition whose link is provided in the article. 

If the Senate approves this Treaty, kiss all your weapons goodbye!  This is VERY SCARY!  Read the article in on the website’s “Gun Control in America” page.

This is yet another reason why if we value our 2nd amendment rights, it is CRITICAL that we WAKE UP and write, call and e-mail our U.S. Senators and URGE them to protect our 2nd Amendment rights.  In so doing, you should make it very clear that ANY elected official that votes FOR new gun laws will NOT get your vote EVER AGAIN.  ALSO, if you are not already a member of NRA, I urge you to join.  They are a very powerful lobby force in Washington and need our support.  See the link to join below.

IN ORDER TO PRESERVE OUR 2nd AMENDMENT RIGHTS, YOUR HELP IS URGENTLY NEEDED: 

American gun owners and defenders of the 2nd Amendment NEED HELP in fighting off the Government and State ‘gun control’ advocates!  If you are not currently a member of the NRA (National Rifle Association) or the NAGR (National Association for Gun Rights), you are urged to join TODAY.  

Here’s how (the NRA is the most powerful and influential):

NRA:   http://home.nra.org/

NAGR:  http://www.nationalgunrights.org/ 

 ——————————————————————————————

 *    *    *   WEBSITE NEWS    *    *    *

 I have resumed my update of our website’s Louisiana ethanol free gas list.  As I indicted when I began this considerable effort, I will update the list on the website when I am completed.  This is a VERY time consuming effort, so bear with me.  

I finished Livingston Parish (going alphabetically), and am now working on Orleans Parish.  I had stopped working on the gas list update during the peak of football season.  I will resume working on the list later this week.

——————————————————————————————————

  *   *   *  BASEBALL SEASON IS HERE  *   *   *

 

Alex Box Stadium - Skip Bertman Field

Alex Box Stadium – Skip Bertman Field

 Here is the link to the Tigers 2015 Baseball schedule:

http://www.lsusports.net/SportSelect.dbml?DB_OEM_ID=5200&SPID=2173&SPSID=27866

LSU BASEBALL RANKING – March 3, 2015

The Tigers are now 12 – 1 for the season! (as of March 5, 2015)

Baseball America – #2 (same)  Collegiate Baseball – #3 (same)

      LSU Tiger Baseball Schedule and Scores

  Date        Time         Teams and Scores             H/A          TV/Radio

Fri (2/13)     7:00 pm      LSU – 4  Kansas – 1          H                WIN

Sat (2/14)     2:00 pm     LSU – 8  Kansas – 5          H                WIN

Sun (2/15)     1:00 pm    LSU – 7  Kansas 4              H          WIN – SWEEP

Wed (2/18)    6:30 pm    LSU – 3  Nicholls – 6          H               LOSS

Fri (2/20)      2:00 pm      LSU – 8  BC – 3                  H                 WIN         

Fri (2/20)       7:00 pm     LSU – 7   BC – 4                 H                WIN        

Sat (2/21)       3:00 pm   LSU – 16  BC – 2                 H         WIN – SWEEP

Thur (2/26)   6:30 pm   LSU – 9  Southeastern – 8     H                WIN

Fri (2/27)      7:00 pm   LSU – 3  Princeton – 2            H               WIN

Sat (2/28)     4:00 pm   LSU – 7   Princeton – 2           H               WIN 

Sat (2/28)     7:00 pm   LSU – 15   Princeton – 4          H       WIN – SWEEP

Tue (3/3)   6:30 pm  LSU – 8  Stephen F Austin – 1     H              WIN    

Wed (3/4)  3:00 pm  LSU – 7   Grambling – 1               H              WIN       

Fri (3/6)  7:00 pm  LSU vs Houston                       Houston       CST/98.1FM

Sat (3/7)  3:30 pm  LSU vs Baylor                         Houston       CST/100.7FM

Sun (3/8)  11:00 am  LSU vs Nebraska                 Houston       CST/98.1FM

———————————————————————————————-

GAME COMMENTS:  Freshman RHP Doug Norman started and allowed 1 run in the first inning and 5 hits total. SS Alex Bregman had 3 hits, Jared Foster had 2 hits, including a solo HR, his second of the season.  

DON’T FORGET, this weekends games are to be played in Houston and are to be broadcast on CST, NOT the SECN+.  

—————————————————————————————–

  Information on How to Watch Games on the SECN +

For fans who were SHOCKED to learn that you could NOT watch the LSU baseball games over the weekend on the “SEC Network”, you were NOT alone!  Note on the schedule that the games are broadcast on the SECN+ network (there will be a total of 35 games broadcast on this program this season).  This is an internet based website, like the old ESPN3 was last year.  Here is how to watch the games on this program:

- On your computer or I pad/Smart phone (or other pad), click on this link: 

http://espn.go.com/watchespn/index

- The first time you go on this site, you will see a window to select your TV provider from a drop down menu.  After you select your provider and click the ‘Continue’ button, it will open a window to input your TV provider’s account username (usually your e-mail address) and password.  You will only need to do this ONCE!  It will remember this info in the future. 

- You will now see the ‘Watch ESPN‘ page which will show you a selection of ‘Live’, ‘Upcoming’ or ‘Replay’ programs.  Select the LSU baseball or other sport game that may be broadcast under the “Live” section (it will NOT come up until game time) and you will be able to view it directly on either your computer monitor or I-Pad or other device.  

- If you have a ‘Smart’ TV which has built in WIFI, and you have an in house WIFI network, you can watch the game directly on your TV by changing your TV’s ‘input’.  You can also get the game directly on your TV if you have an ‘Amazon Fire Stick’.  I ordered mine a few days ago ….hasn’t arrived yet.

NOTE:  I have a laptop computer and connect to the Watch ESPN page through my in home WIFI system.  Then, I hookup my laptop computer to my big screen TV (a ‘dumb TV’) with an HDMI cable in my den, change the INPUT on my TV from my DISH provider to my laptop computer and watch the baseball game on my big screen TV…….in full HD (you will need a fairly fast computer and WIFI link to do this without periodic pause or reloads)! 

—————————————————————————————–

   *    *    *    LSU SPORTS ARTICLE    *    *    *

Here’s an article from NOLA.com/The Times Picayune on the ongoing issue of former LSU DC John Chavis believed to have broken his contract with LSU when he left to take the same job at Texas A&M.  Now, Chavis has sued both LSU and Texas A&M as he tries to NOT to have to pay the $400,000 owed LSU by breaking his contract………LSU meanwhile, has asked the court to DISMISS the lawsuit as it was filed in Texas, not Louisiana……….”and the plot ‘thickens”!

——————————————————————————————–

FORMER LSU D-COORDINATOR JOHN CHAVIS’ DECEPTIVE ESCAPE TO TEXAS A&M SCREAMS NCAA RULES VIOLATON

By Ron Higgins – NOLA.com/The Times Picayune – Mar 2, 2015

From December 30 in the Music City Bowl where his late-game LSU defense collapsed once more while his bags were packed for Texas A&M, until February 13 when he supposedly officially became the savior of the worst defense in the SEC, exactly who and where was John Chavis?

Chavis claims he was a Nowhere Man sitting in his nowhere land making all his nowhere plans for nobody.

That’s the former Tigers’ defensive coordinator story and he’s sticking to it. He’s trying to not tap in to the millions he collected from LSU the last six seasons to pay the school’s $400,000 contract buyout so he could become the toast of College Station.

He’s trying to twist the calendar every way possible. First, he turned in his LSU resignation on Jan. 5 and his lawsuit against LSU claims his last day on the LSU payroll was Feb. 4.

Those dates give Chavis the required 30-day notice from LSU so he or Texas A&M don’t have to pay the buyout. By not being off the LSU payroll until after Jan. 31, it would also prevent him or the Aggies from paying the buyout.

Read full article here http://www.nola.com/lsu/index.ssf/2015/03/former_lsu_d-coordinator_john.html

——————————————————————————————————

* NEW CHANGES TO ETHANOL FREE GAS LIST *

We removed FIVE ethanol FREE location in Louisiana recently:

Sullivan’s Store, 11769 LA Hwy 155, Castor, Bienville Parish – Switched to E10.

Cash-N-Carry, 12590 River Road, Destrehan, St Charles Parish – Store Stopped selling gas!

Conn’s Store, 3119 LA Hwy 146, Chatham, Jackson Parish – Store Closed (Thanks to Woody for the info)

Jim’s Convenience Store, 2801 LA Hwy 306, Des Allemands, St. Charles Parish – Store CLOSED (Thanks to Mike for the info)

We added ONE new ethanol FREE location in Louisiana recently:

Paradis Time Saver (Texaco), 14851 Hwy 90, Paradis, St Charles Parish

NOTEIf any reader locates a store that is selling ethanol FREE gas but is not on our list, PLEASE send me the information asked for on the “Ethanol Facts” page so we can add it to the list!

We encourage all readers to patronize retailers who sell ethanol FREE gas.  If they are not profitable selling EO, they may convert to sell ethanol gas and stores with EO will become harder and harder to find.                                             ——————————————————————————————————- 

Have a GREAT week readers!  

“Pete”        

GASOLINE PLUNGE WIPING OUT ETHANOL PROFITS

GASOLINE PLUNGE WIPING OUT ETHANOL PROFITS

By Mario Parker The Salt Lake Tribune/Bloomberg News – Feb 25, 2015

Chicago Ethanol producers are cutting output after getting squeezed by the biggest drop in gasoline prices since 2008.

Valero Energy Corp. and Green Plains Renewable Energy Inc., representing about 15 percent of U.S. capacity, have reduced operations as margins narrowed. At a typical mill in Illinois that makes ethanol from corn, profit margins have almost totally disappeared, compared with $1.33 a gallon a year ago, according to AgTrader Talk, a Clive, Iowa-based consulting company.

Gasoline and crude fell more than 50 percent from their peaks in June as the U.S. shale boom helped global oil production outpace demand. While that was good for consumers, saving each American household $750, it dragged down the cost of ethanol 41 percent because the price is linked to gasoline. At the same time, corn, the main raw material used by biofuel producers, fell just 19 percent.

“Gasoline is down a lot and corn has come back up a bit,” said Wallace Tyner, an agricultural economist at Purdue University in West Lafayette, Ind. “If you’re an ethanol producer, that doesn’t leave you much.”

U.S. ethanol output fell 2.8 percent to an annualized rate of 14.8 billion gallons in the week ended Feb. 13 from a record 15.2 billion in December, according to the Energy Information Administration.

Valero said Jan. 29 that it slowed run-rates by 2.6 percent for the first quarter, citing lower gasoline and ethanol prices and “relatively stable” corn costs. Green Plains Chief Executive Todd Becker said Feb. 5 that he’s cut production rates “a bit as well.”

Lakeview Energy, a Chicago-based renewable energy company, lowered operating rates by 15 percent at its Coshocton, Ohio, plant, said Chief Operating Officer Eamonn Byrne.

More cutbacks appear likely. U.S. inventories total 21 million barrels, the highest seasonal level since 2012, according to the EIA, the Energy Department’s statistical arm.

Supply will tighten as plants with higher costs slow, according to Archer-Daniels-Midland Co. Chief Executive Juan Luciano, whose company is the biggest U.S. producer.

One bushel of corn yields 2.75 gallons of ethanol in a manufacturing process similar to distilling alcohol. Almost all gasoline sold in the U.S. contains the biofuel, with the additive making up as much as 10 percent of overall consumption, government data show.

Unlike crude oil, which is primarily used to make gasoline and other motor fuels, corn is sold in diverse markets. An ethanol company competes with food processors, livestock producers and export customers for corn, Purdue’s Tyner said.

That means corn and oil prices don’t always move in the same direction.

Corn is trading at $3.775 a bushel on the CBOT, 15 percent less than the $4.43 it took to produce last year’s crop, according to data from Iowa State University’s Ag Decision Maker. At current ethanol prices, a producer could eke out a profit if corn were $3.25, Tyner said.

Factoring in costs for overhead, an Iowa distillery is losing 9 cents on every gallon and an Illinois plant is earning 1 cent, AgTrader Talk estimates.

“Ethanol’s got a job to do; one is to stay in line with corn so you don’t lose so much money that you have to shut down,” said Mike Blackford, a consultant at INTL FCStone in Des Moines. “On the other hand, you have to stay competitive with gasoline.”

There have been periods this year when it was uneconomical to blend the fuel into gasoline, Tyner said. The fuel’s share of the gasoline market is 2.1 percent lower than a year ago, EIA data show.

In those instances, refiners are able to meet government consumption targets with tradable certificates that they get from blending biofuel, called Renewable Identification Numbers, or RINs.

RINs have gained 36 percent in the past year to 71.9 cents a gallon on the New York Mercantile Exchange.

U.S. EPA PLEADS FOR SOME RFS UNDERSTANDING

U.S. EPA PLEADS FOR SOME RFS UNDERSTANDING

By Herman Wang – The Barrell – Fed 24, 2015

Attendees of the National Ethanol Conference in suburban Dallas last week who were hoping to hear, at long last, what biofuels volumes the US Environmental Protection Agency would require in the overdue 2014 and 2015 Renewable Fuel Standards likely left disappointed.

No such proclamations were issued, beyond a familiar-sounding promise from Chris Grundler, director of the EPA’s Office of Transportation and Air Quality, that the 2014, 2015, and 2016 rules would be released this spring.

What they did get from Grundler, though, was a heartfelt apology for the EPA’s chronic inability to issue the annual RFS rules on time – and a plea for understanding.

“I wanted to come to Texas and personally tell you how sorry I am that we did not get our work done,” Grundler said in his remarks at the conference.

He then went on to explain that his staff of about a dozen, stung from attrition due to recent budget cuts, has been beleaguered not only with trying to finalize the 2014 RFS, but also with lawsuit threats from both the oil and biofuels industries over the biofuels blending mandate and other fuels-related regulations.

“Defending those lawsuits will take up my people’s time and my lawyers’ time,” he said, calling them “distractions.”

Of course, it was the EPA’s decision to cut the blending mandate for 2014 that unleashed a flood of comments, lawsuit threats and Freedom of Information Act document requests that appear to have overwhelmed Grundler’s office.

Grundler had, at last year’s National Ethanol Conference in Orlando, pledged to finalize the 2014 rule by that spring, a goal obviously missed.

That proposed 2014 RFS, which called for 15.21 billion gallons of biofuels to be blended, down from 16.55 billion gallons in the 2013 rule, has since been tabled indefinitely, and the EPA has gone on to miss the statutory deadline to finalize the 2015 RFS, leaving many conference attendees frustrated.

Renewable Fuels Association President and CEO Bob Dinneen, in his keynote address just before Grundler took the stage, minced no words in criticizing the EPA for how it has handled the RFS.

“Every day the agency allows the RFS to drift in a sea of uncertainty is a day the agency is in violation of the law,” Dinneen said, adding that the delays could jeopardize more than $30 billion in ethanol investments. “It is not a trivial violation.”

Dinneen characterized the proposed 2014 RFS cut as “a devastatingly negative signal … sent to farmers making planting decisions, marketers weighing whether or not to install blender pumps to enable E15, and investors determining the efficacy of cellulosic ethanol market opportunities.”

Speaking to reporters after his speech, Grundler acknowledged the criticism but said setting the annual RFS blending volumes is not easy. In fact, if it were up to him, the RFS would not be an annual rule, as required by Congress, he said.

“These policy decisions about fuels and biofuels intersect so many parts of public policy outside of EPA’s sphere – trade policy, foreign policy, economic policy, agriculture policy, environmental policy,” Grundler said. “For Bob to say, ‘This is all easy, what’s wrong with EPA?’ I don’t take offense, but it’s not easy to deal with these annual rulemakings and to do it through a public process.”

To the attendees at the conference, Grundler concluded his speech with another plea – this time, for civility, as the EPA attempts to, in his words, get the RFS “back on track.”

“The RFS debate in Washington has gotten overheated,” he said. “It’s gotten ugly at times. My hope is that we can find a way to have a civil discourse and find a practical way forward that will work for everyone.”

Given how contentious the RFS has become – calls in Congress to reform the statute have grown louder with the delays – that’s likely another of Grundler’s wishes that will go unheeded.

OPEC’s OIL PRICE WAR IS PAYING OFF, BUT IT’s FAR FROM OVER

OPEC’s OIL PRICE WAR IS PAYING OFF, BUT IT’s FAR FROM OVER

By Travis Hoium – The Motley Fool – Feb 28, 2015

The impact of OPEC’s decision to keep oil production at 30 million barrels per day in order to push down oil prices and squeeze marginal oil producers out of the market is starting to pay off. Drilling activity in the U.S., offshore, and internationally has slowed dramatically in the last two months as companies began to realize that OPEC wasn’t playing around this time.

Flooding the market with oil is working to put pressure on marginal players, but it’s a strategy that’s far from over. New wells aren’t being drilled, but existing wells are still producing oil and for OPEC to win this price war it will have to stick together for another 6-24 months. Understanding how OPEC’s strategy is working and why it will continue can give some perspective on what will happen with energy stocks in the near future.

The impact of OPEC’s price war

If OPEC is trying to push other producers out of the market the first sign of success will be in the number of rigs drilling new wells in the U.S. Oil explorers are starting to react rapidly and according to Bloomberg oil companies have announced $50 billion in spending cuts since November 1.

Graph of Crude oil prices and US Oil Rig Count

Slowly, this will make an impact on U.S. oil production. We can see this already as the U.S. Energy Information Administration lowered its 2015 production estimate from 9.42 million barrels per day to 9.3 million barrels per day. The problem is, that’s still far more than the 8.6 million barrels per day the U.S. produced on average in the first eleven months of 2014.

OPEC wants some fruit from this labor

With U.S. and other global oil producers cutting back on drilling for new oil, some OPEC members are starting to get itchy for higher oil prices, thinking that their work is done. Nigeria, Iran, and Venezuela have expressed their interest to lower production, but have been rebuffed by Saudi Arabia. The reason is that Saudi Arabia is playing the long game and the other countries are just trying to stay afloat amid budget deficits.

For OPEC, the problem with cutting production and raising prices today is that few oil producers would be pushed out of the market. Sure, drilling for new oil has gone down, but we haven’t see widespread bankruptcies and there’s no indication that producers wouldn’t go right back to drilling at old levels if oil went to $100 per barrel again.

On top of that, crude oil inventory is building, so the market is still very oversupplied even with oil prices as low as they are.

Crude Oil Price Weekly Graph

If OPEC wants to squeeze out marginal players, it’s going to have to keep the market oversupplied for much longer to make sure there’s a fundamental reason for higher oil prices and that suppliers don’t just resume drilling the second prices go up.

Bad news for U.S. oil stocks

Understanding OPEC’s best interests can help tell us what to expect from U.S. oil companies. For U.S. shale producers, like LINN Energy (NASDAQ: LINE  ) , and Continental Resources (NYSE: CLR  )  I see a rough year ahead. They depend on high oil prices to make a profit and high debt loads and shrinking profits will put a lot of pressure on their businesses.

Each can withstand the low price of oil, but only for so long. Eventually debts will mature and oil hedges will wear off, leaving little room for a profit and potentially threatening their survival.

I think investors who are willing to ride out the low oil price wave should stick to highly capitalized big oil companies like ExxonMobil (NYSE: XOM  ) , Chevron (NYSE: CVX  ) , and BP (NYSE: BP  ) . They have businesses diverse enough to profit while oil prices are low and will still benefit if prices go up.

To top it off, big oil companies could be big buyers of distressed assets if shale or offshore drilling companies get desperate. That could give them further upside and limit their risks.

At this point, I just don’t see a way oil prices rise significantly until we see fundamental changes from oil producers, particularly in shale plays. OPEC doesn’t have an interest in shale drillers going back to business as usual if they allow prices to rise, which puts the shale boom into question. The problem is, to squeeze them out it’ll take years of low oil prices and billions in lost revenue for OPEC countries.

With Saudi Arabia at the helm, that looks like a price they’re willing to pay.

How to invest in the technology fueling the U.S. energy boom

As the price of oil plummets, savvy investors are looking for a way to invest in this new energy dynamic. And there’s one high-caliber company in the oil-services sector using advanced technology to profit from the U.S. oil boom. Given the country’s ongoing quest to extract more and more oil, I strongly urge you to claim your copy of our brand-new investigative report on this company helping fuel its boom. Simply click here for access.

 

LOW OIL PRICE MAY STIFLE DEEPWATER DRILLING AND OIL SANDS, BUT NOT FRACKING

LOW OIL PRICE MAY STIFLE DEEPWATER DRILLING AND OIL SANDS, BUT NOT FRACKING

By Jeff McMahon – Forbes – Mar 1, 2015

Saudi Arabia and OPEC may have dropped oil prices to stifle production in the U.S. and other competing nations, but they didn’t drop it enough to stifle the U.S. oil and gas boom from fracking, a senior expert with McKinsey and Company said in Chicago.

“If the Saudis think they’re going to put U.S. shale players out of business, they’re probably not, although there will be less drilling,” Joe Quoyeser told about 125 people, mostly graduate students, at Northwestern University’s Kellogg Energy Conference on Wednesday. ”But there are other elements of oil supply that are needed to balance the market that will have a hard time competing at $50 a barrel, including oil sands in Canada and much of the deepwater resources.”

Oil sands have to be heated to extract petroleum, a process that requires natural gas. Even at today’s low gas prices, that fixed cost means oil sands become economically viable at about $75 a barrel or more, Quoyeser said.

Read full article here:  http://www.forbes.com/sites/jeffmcmahon/2015/03/01/low-oil-price-may-stifle-deepwater-drilling-oil-sands-but-not-fracking/

BALD EAGLE NUMBERS RISE AS HUNDREDS NEST IN LOUISIANA

BALD EAGLE NUMBERS RISE AS HUNDREDS NEST IN LOUISIANA

By John Snell – Fox 8/New Orleans – Feb 24, 2015

 

A bald eagle and twin eaglets; twins are most common, but eagles have anywhere from 1-3 babies

A bald eagle and twin eaglets; twins are most common, but eagles have anywhere from 1-3 babies

ALGIERS, LA (WVUE) -Family time comes early for bald eagles, which nest in the first months of the new year.

Louisiana now ranks as one of the population centers for bald eagles, with only Florida hosting more eagle nests annually. The number of nesting pairs in Louisiana now has surpassed 350.

Biologists with the Louisiana Department of Wildlife and Fisheries recently surveyed 647 nests, which included recently-discovered nests and ones from past years. The survey found roughly 356 were active with eggs, young, and adults tending the nests.

The numbers of bald eagles declined dramatically from the early part of the 20th century through the 1970s. Shootings played a major role in the falling eagle count. Even after the eagles were given legal protection, environmentalists blamed the use of the pesticide DDT for decimating eagle populations.

 Read full article here:  http://www.fox8live.com/story/28190332/update-bald-eagle-numbers-rise-as-hundreds-nest-in-louisiana

WHY US CRUDE OIL SUPPLY HAS SKYROCKETED

WHY US CRUDE OIL SUPPLY HAS SKYROCKETED

By Paul Ausick – 24/7 Wall Street – Feb 19, 2015

The U.S. oil industry seems to be producing conflicting signals about what the price of oil should be. On one hand, the number of rigs is falling dramatically, and that should mean lower production and a higher price for crude. However, production is not only holding steady, it is booming.

The American Petroleum Institute (API) reported Wednesday evening that crude supplies soared by 14.3 million barrels for the week ended February 13. Industry research firm Platts expected an increase of 3.1 million barrels. The API reported gasoline stockpiles rose 1.3 million barrels, while distillate supplies fell 2.7 million barrels.

The report sent West Texas Intermediate (WTI) crude oil for April delivery tumbling Wednesday night, and the carnage continues Thursday morning. WTI fell to a low of $50.43 very early Thursday morning, as traders await the inventory report from the U.S. Energy Information Administration scheduled for 11:00 a.m.

We have noted in the past that cuts to the number of rigs working in the major U.S. shale oil plays is not expected to lower production at least for the first half of this year and probably longer. A number of technological advances in the past year or so make it possible for a single rig now to operate far more cost effectively, drilling longer laterals and multiple wells from a single pad, for example. Taking older, less efficient rigs out of service has little or no impact on production — in the near term.

Unless demand for crude — and ultimately refined products — picks up, storage tanks will continue to fill up and the price of crude will remain low. As time goes on, however, production should fall as rig counts drop and the more efficient rigs are taken out of service. But that day appears to be moving further into the future.

WTI for April delivery traded down more than 4% at around 8:00 a.m. ET Thursday morning at around $49.90 a barrel. Brent crude for April delivery traded down nearly 3% at $58.85 at about the same time.

PIVOTAL NEW STUDY CALLS FOR END TO BIOFUELS MANDATES

PIVOTAL NEW STUDY CALLS FOR END TO BIOFUELS MANDATES

By Smarter Fuel Future – Jan 29, 2015

I would say that many of the [environmental] claims for biofuels have been dramatically exaggerated,” said Andrew Steer, president of the World Resources Institute, a nonprofit environmental think tank with a global staff of more than 450 scientists and other experts in climate, energy, food, forests, water and more.

Because biofuels haven’t lived up to expectations—environmental or otherwise—the World Resources Institute (WRI) has concluded in a pivotal new study that policies mandating their use, like the Renewable Fuel Standard (RFS), are a “misguided approach to fighting global warming.”

In an article on the report, the New York Times explained further:

“Turning plant matter into liquid fuel…is so inefficient that the approach is unlikely ever to supply a substantial fraction of global energy demand” and “continuing to pursue this strategy — which has already led to billions of dollars of investment — is likely to use up vast tracts of fertile land that could be devoted to helping feed the world’s growing population…

“The report follows several years of rising concern among scientists about biofuel policies in the United States and Europe, and is the strongest call yet by the World Resources Institute, known for nonpartisan analysis of environmental issues, to urge governments to reconsider those policies.

Timothy D. Searchinger, a research scholar at Princeton and primary author of the new report, said policies like the RFS “failed to consider the opportunity cost of using land to produce plants for biofuel.”

“We would like to phase out biofuels that require the dedicated use of land,” Searchinger said. “We’re not against using waste and other residues. The thing is, we only have so much land in the world. There are serious costs to using it for energy because of it what we have to give up.”

That “opportunity cost” has both environmental and hunger repercussions, a problem echoed by Lukas Ross, climate and energy campaigner at Friends of the Earth, a respected global environmental and anti-hunger organization. In his endorsement of the study, he said “we need to change course now before broken policies like the RFS sentence the world to runaway climate change and global hunger.”

Of course this is hardly the first time environmental researchers and anti-hunger authorities have spoken out against this deeply broken government mandate. Just last year, the Environmental Working Group published a study detailing the three ways the environment would benefit from reducing the ethanol mandate.

The Renewable Fuel Standard isn’t the “environmentally-friendly” policy that Americans want or need. Tell Congress it’s time to take heed of environmentalists’ warnings and reform this broken policy.

FALLING ETHANOL PRICES CONCERN PRODUCERS AND CORN GROWERS

FALLING ETHANOL PRICES CONCERN PRODUCERS AND CORN GROWERS

The Kansas City Star – Feb 12, 2015

A plunge in ethanol prices has added to the anxiety in the Corn Belt.

The weekly spot price for ethanol in Iowa fell to $1.27 a gallon in the middle of January from $2.42 at the end of November, according to Scott Irwin, an agricultural economist at the University of Illinois.

“That was the lowest price I have seen since I started tracking ethanol prices in 2007,” Irwin said.

At prices that low, profits have evaporated for ethanol producers. If producers slash output in response to weaker profit margins, they will use less corn and already depressed corn prices could fall even more. More than a third of the nation’s corn supply is used to make ethanol.

Weak corn prices have growers considering planting less of the crop in 2015. As many as 4 million acres could shift to soybeans if corn prices don’t increase in the next two months, Chip Nellinger of Blue Reef Agri-Marketing said on a recent broadcast of the “U.S. Farm Report.”

Corn growers were hoping ethanol production would increase this year after makers of the renewable fuel enjoyed some of the best profit margins in years in 2014. Ethanol helped profits grow 46 percent in Archer Daniels Midland’s corn processing division.

Read full article here:  http://www.kansascity.com/news/business/article9791789.html