«

»

Nov 14

NOW THIS IS GOOD NEWS

Well finally, some really good news that should cheer virtually everyone up. And to be quite honest, I didn’t think I would live long enough to hear let alone see it happen, but apparently, with a little good fortune, I will. And what exactly am I talking about you might ask. Well, I’ll tell you. You see, yesterday it was announced that the good old US of A is on track to be “oil independent” by not later than 2020 and possibly as soon as 2017. Now I would like to tell you that this is because of the wonderful job we have all been doing to conserve oil and gas … although perhaps the farmers of the Midwest would like to take the credit for reducing oil consumption by replacing it with ethanol made from their corn … but neither would be entirely right. Although I am sure that our conservation efforts have helped some, it is technological breakthroughs in processing oil found in shale and tar sands that are combining to boost oil output to a level that we have never seen before in this country. At the pace oil is now starting to flow, it is believed that the USA will overtake Russia and Saudi Arabia … currently the world’s largest oil producers … in a matter of 4-7 years and somewhere between now and then, we will become oil independent!!! This coupled with the giant natural gas reserves that have been discovered in recent years and the country’s ability to refine oil like no other country in the world, makes the energy picture look a whole lot better than it has for a long, long time. I am also a firm believer that solar energy gains will continue to be realized and that solar power is the wave of the future. So all of this combined should help us all sleep just a little better in the days ahead. Not that you were not sleeping OK to begin with of course. I’m just saying …

See You At GreenbuildHope to see you in San Francisco at Greenbuild. I’ll be there with USGlass the next couple of days and will report in next week as to my impressions. I’ve got high hopes for what will be on display there. And … I am going to do “carry on” with my bags this time around. Also, not going United this time so I am hoping for a good trip in every way. Should be some great things to see and learn and I am excited about going. Takin’ the camera too!

I Think It Just DependsOn where you’re located and exactly what you do for a living that currently dictates whether or not you’re busy and prospering or still struggling. It seems that some parts of the country are doing quite well, from a construction industry standpoint, while others continue to plod along. I think it is safe to say that we are not out of the woods yet, but it sure is starting to seem like we are beginning to head in the right direction. And isn’t that oil news thing I mentioned earlier just music to your ears? Energy Independence! Come on, say it with me now … ENERGY INDEPENDENCE.

Gloria Shaw of Glass Designers (Chicago) stacks frame parts for a job currently in fabrication. In today’s economy, a shop’s location greatly influences its activity level.

Tough Love – I Don’t Think SoDon’t know if you have heard about this or not but there is a story coming out of Arizona about a women by the name of Holly Solomon of Phoenix who apparently ran over her husband with their car after she found out that he had failed to vote last week in the national election. He is currently in critical condition and she has apparently been charged with attempted murder. Allegedly, she claimed that there was no excuse for not voting and he needed to be taught a lesson. Wonder who she voted for???

Yes, The Story Is TrueA couple of people have now asked me if last week’s story about finding a Dora The Explorer backpack in my lost luggage was true and I want you to know that the story was indeed true! I have witnesses.

The Sports Thing Well we found out about my Chicago Bears … they got beat by the Texans this past Sunday night. But it was a good game and perhaps the best two defenses in the NFL are the Texans and the Bears. We’re half way through the season now and yet because of the way the schedule has been played out, I’m not sure there is any one truly dominant team. Because of scheduling, a lot of the teams that look good … have such good records … look good only because the better teams have been beating up on the poorer teams and haven’t, in many cases, been playing each other. This all changes in the second half of the season. Bottom line … it is all going to get much more interesting in the immediate weeks ahead.

One more thing; I have been predicting a settlement of the NHL lockout situation for the past few weeks and while the two parties have been meeting a lot during the last several days, I am not feeling all that good about an agreement being reached in time to have much of a season. Obviously, every week that goes by makes it all the less likely to get this resolved, but I am going to hope for the best and as mentioned last week, keep going to the grandsons’ hockey games which are pretty good … honestly. Grandson Sam’s team won again last night 5-0 and continue to dominate at the high school level in the western burbs of Chicagoland.

The Quotable Thing I need to thank my old friend John Luckett for this week’s quote. Its author is unknown but it is not only a great truism but timely as well. Thanks John.

“You can have all the money in the world but not one of your dollars can bring you a glass of water. But a friend can.”

HAVE A GREAT WEEK EVERYBODY!!!

4 comments

Skip to comment form

  1. sausage

    Lyle
    Oil independence is a great thing. It puts Americans to work.
    But…..
    It won’t change the price of gas. The world market will continue to constrict when prices fall and Opec will just reduce production by one barrel for every new barrel we pump.

    1. Lyle R. Hill

      Thanks for your comment. I think it is always better to be a seller than a buyer in situations like this and if it is produced here, the money stays here. Lyle

  2. John Sidaway

    While I share your pleasure at the accelerating pace of oil and gas exploration in North America, I think it would be wise for us to find something else besides “energy independence” to call it. The newly discovered oil came from a lot of hard work by the companies that now OWN that oil. And as long as they’re free to sell it to whoever on the globe will pay the going rate for it, the price will still be controlled by WORLD supply and demand. Increasing our domestic production will help reduce price by increasing supply worldwide, but unless we want to tell the oil companies that they can only sell their domestic output in the US, at some artificially low level, it’s not going to change the price we all pay at the pump. As the saying goes, THAT ain’t gonna happen, so let’s think of a new way to cheer for the extra energy hitting the WORLD markets, but one that doesn’t create false hopes for the return of $2 / gallon gas. Not in a free market, anyway . . .

    1. Lyle R. Hill

      Thanks for your comments John. No argument with you and like you, I am pretty convinced that the public will continue to pay high prices for gas but I don’t think this is a bad thing. Higher prices will force us to conserve and seek alternatives and as I said above, I’d rather see the dollars stay here than go to other parts of the world. Lyle

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current ye@r *