David Neeleman is NOW my hero!!!!

[atafan]

Glenn Beck Interviewed David Neeleman, JetBlue CEO about a project he is working on. Its the coal to oil process that everyone has been wondering about, as its break-even point is at 35$ a barel, and oil prices are well past that.

This is proven technology, the reason that no-one has pursued it to date is because of the fear that opec will drop oil prices and crush then industry.

David has put together a plan that involves the federal government backing the investment by guaranteeing profitablity by subsidising anything under 38$ a barrel.

• Government guarantee 100% of the capital investment for each $4 billion plant by
insuring capital cost of $38 to $18/bbl or $33 million per month
– For 45 plants, the maximum government would insure $18 billion per year @ $18 bbl
• Windfall Premium
– At any time the price of crude is above $75/bbl, program participants would pay to the
government [25%] of all revenue collected above $75 bbl

While I want the government OUT of private business as much as possible, David makes a strong case for why that money is a good investment and will raise our security significantly. If the government ever has to pay a dime..its becauc se opedropped oil prices below 38$ a barrel, something they would only do if they see a threat of lost sales.

Our millitary could be fueled completely independant of middle east oil in 2 years, the rest of the country in 10 years.

Our gas prices would drop back to the 1.00 a gallon range.

This would be competition to the fat-cats at Exxon.

Environmental Impact- This process creates ultra clean diesel fuel. Look at the jetta TDI's. 40-50 mpg. Diesels are much more effecient engines than gasoline engines, diesel fuel burns a little dirtyer though, ultra clean diesel is the answer.

• Emissions characteristics of ultra clean diesel include:
– Reduced nitrous oxide
– Little to no particular emissions
– Low sulfur and aromatic content

Listen to the intervew, read up on this technology, read the bill, call your congressman.

Interview
http://mfile.akamai.com/6713/wma/gle...7-06-hour2.asx

Study the procees, and project plan here
http://www.glennbeck.com/2006ads/jbluctl.pdf

 

[Rik717pilot]

Ain't never gonna happen. Too many congressmen are in the pockets of big oil and big business. The coal industry doesn't want this to happen. Too many other players come into the field if the coal/to/oil process happens and they won't participate. JMHO

 

[coogebeachhotel]

Thats ok gonna make it outside the US then

 

[atafan]

Ain't never gonna happen. Too many congressmen are in the pockets of big oil and big business.

And the public is too concerned with what's happening to Brad and Jen.

We deserve what's coming.......

 

[miles otoole]

And the public is too concerned with what's happening to Brad and Jen.

What's the latest? Did they get a new puppy?

 

[SWA/FO]

Brad and Angie, now. Where you been?

 

[brainhurts]

I love DN--in a brotherly way of course.

 

[lowecur]

Don't kid yourself

Ain't never gonna happen. Too many congressmen are in the pockets of big oil and big business. The coal industry doesn't want this to happen. Too many other players come into the field if the coal/to/oil process happens and they won't participate. JMHO

Coal to liquids is viable and it will happen, as the National Security of this country is at stake. Venezuela is already cozing up to China and will look to move as much oil away from the US as possible in the next 5 years. The Middle East is no doubt a major concern for continued supply with their geo/political mess. The slack will have to be taken up by Canada, Mexico, fuel conservation, and alternative forms of energy. A nice world recession would do wonders also to bring oil down to $40 per bbl. The key for continued investment in alternative forms of energy would be a tax to keep the price of oil above $50 per bbl that would be adjusted for inflation each month.

It looks like we will get an announcement shortly for a $4B Coal/liquids plant in Ohio, with others sure to follow. It would only take about 8 of these plants to equal annual production at Prudhoe Bay. Stay tuned.

imp:

http://www.morningjournalnews.com/include/articles.asp?articleID=3536

 

[Flyboi]

Listen to the intervew, read up on this technology, read the bill, call your congressman.

Interview
http://mfile.akamai.com/6713/wma/gle...7-06-hour2.asx

Study the procees, and project plan here
http://www.glennbeck.com/2006ads/jbluctl.pdf

With the idiots we have in DC now, I'm not sure anything will ever come of it, but David's definitely on to something. This was a very interesting interview.

 

[LearLove]

Glenn Beck Interviewed David Neeleman, JetBlue CEO about a project he is working on. Its the coal to oil process that everyone has been wondering about, as its break-even point is at 35$ a barel, and oil prices are well past that.

This is proven technology, the reason that no-one has pursued it to date is because of the fear that opec will drop oil prices and crush then industry.

David has put together a plan that involves the federal government backing the investment by guaranteeing profitablity by subsidising anything under 38$ a barrel.

• Government guarantee 100% of the capital investment for each $4 billion plant by
insuring capital cost of $38 to $18/bbl or $33 million per month
– For 45 plants, the maximum government would insure $18 billion per year @ $18 bbl
• Windfall Premium
– At any time the price of crude is above $75/bbl, program participants would pay to the
government [25%] of all revenue collected above $75 bbl

While I want the government OUT of private business as much as possible, David makes a strong case for why that money is a good investment and will raise our security significantly. If the government ever has to pay a dime..its becauc se opedropped oil prices below 38$ a barrel, something they would only do if they see a threat of lost sales.

Our millitary could be fueled completely independant of middle east oil in 2 years, the rest of the country in 10 years.

Our gas prices would drop back to the 1.00 a gallon range.

This would be competition to the fat-cats at Exxon.

Environmental Impact- This process creates ultra clean diesel fuel. Look at the jetta TDI's. 40-50 mpg. Diesels are much more effecient engines than gasoline engines, diesel fuel burns a little dirtyer though, ultra clean diesel is the answer.

• Emissions characteristics of ultra clean diesel include:
– Reduced nitrous oxide
– Little to no particular emissions
– Low sulfur and aromatic content

Listen to the intervew, read up on this technology, read the bill, call your congressman.

Interview
http://mfile.akamai.com/6713/wma/gle...7-06-hour2.asx

Study the procees, and project plan here
http://www.glennbeck.com/2006ads/jbluctl.pdf

This process is not new and far from rocket science. I remember seeing the basic science behind this stuff in Thermodynamics One my sophmore year. Yeah the basic math/science looks good but senior year I took a class in internal engine combustion design. We spent alot of time looking at the byprouducts of the combustion process. The coal to oil process leaves more bad stuff behind than any other process out there (ones being used today and ones only on paper) - Just with that in mind plus what the other guy said about congress in big oil pockets it will never happen. Now somewhere like China where there are no environmental laws maybe yes. Looks like Neelman got sold by a snake oil salesman.