Energy Network Meeting: CANCELLED

[Ed Bailey]

To all,

 

NMC is closed until 10:00 AM today, which means we will need to cancel our grand Vision Energy Network Meeting today. I will see about rescheduling the event.

 

Safe travels today.

 

Ed

[Ric]

Morning all!

I'm down in GR for the annual Wolverine Power & MECA Symposium, and the keynote this morning will be Rep. Aric Nesbitt - Chairman of the House Energy Committee.  Any questions for the Chairman?  If so, let me know pretty quick, he's on @ 9!

Ric Evans

#231.883.3146

Sent from my iPad

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[Jim MacInnes]

Ask him why according to the useia us oil consumption is the lowest in 16 years despite all of the recent increases in us shale oil production.  

Jim

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[Jim MacInnes]

My answer:  oil is priced based on the cost in world markets so our increased production makes little if any difference in the price we have to pay for oil.   High oil prices are tripping our economy so demand will continue to drop as long as Brent crude prices remain higher than about $95 per bbl. they are about &$105 per bbl now.  We are being out bid for oil by high growth emerging economies who can afford to pay more for a marginal barrel because it offers a higher utility for them.  We need to get off of oil. 

Jim

On Apr 12, 2013, at 8:29 AM, "Ric" <parad...@gmail.com> wrote:

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