Friday, April 28, 2006 1:59:37 PM
The opportunity for FPPL is to explore, develop, and supply USA energy needs from a safe geographic location (ie: in-land USA vs. the US Gulf Coast) in a safe geo-political environment (ie: the USA vs. Iran, Venezuela, Nigeria, Chad, Iraq, Afghanistan).
It is in the long-term national security interest of the USA to find and develop safe energy supplies domestically... as the risks of obtaining safe energy supplies in 3rd world countries and the Middle East have increased significantly over the past several years, and looks like the risks will continue to increase ... and it is the costs/risks/spin-off's resulting from insecure and volitile energy supplies that put the US economy and national security at an increasingly larger rate of risk.
Even within the USA, what use to be deemed as safe energy supplies are no longer safe... for example, the Gulf of Mexico, which has approx. 4,500 oil/gas platforms, as well as, energy refining & transportation infrastructure, have all been dealt major blows during the hurricanne seasons of 2004 (Ivan) and 2005 (Katrina & Rita)
Source: http://gom.rigzone.com/rita.asp
... and forecasters are predicting the 2006 Hurricanne season to be approx. twice as strong as the historical norm.
Because the Hurricanes have already wreaked damage for 2 consective years on the oil/gas infrastrucutre in the Gulf of Mexico, the current state of the energy complex along the Gulf coast is not well, in fact production is STILL currently well below capacity due to oil/gas infrastructure damage that is yet to be repaired.
Because of the existing damage to the Gulf Coast energy complex... just the arrival of a CATEGORY 3 Hurricane in the Gulf of Mexico will amplify America's energy problems, becuase, a CATEGORY 3 Hurricane requires the evacuation and shut-down of oil/gas platforms in the Gulf of Mexico within the possible projected path... and in 2006, Scientists are projecting approx. five CATEGORY 3(or stronger) Hurricanes.
America is currently at the point where simply a Gulf Coast shut-down due to a Hurricane will magnify it's energy capacity/supply problems... the Hurricanes no longer have to damage energy infrastrucuture along the Gulf Coast to have a very negative effect on energy prices... just a simple shut down in the Gulf Coast while a CATEGORY 3(or higher) barrels through will magnify an already constrained/damaged system.
And the Hurricane problem isn't something that can be fixed in a year or 2... if you research Hurricanes further, and you'll find the trend for intense Hurricane activity is projected to last for between the next 10 - 20 years... and in my opinion, the increased Hurricane activity won't be over until mankind cures global warming... so, the long-term Hurricane activity really amplifies the need for America to immediately develop domestic energy supplies in SAFE GEOGRAHPIC REGIONS NOT PRONE TO HURRICANES/FLOODS.
And while the Hurricanes pose a great danger to the reliability/security of America's energy needs... so does geo-political instability from what use to be considered safe energy suppliers... as anyone can see, the stability of energy supplies to America coming from Nigeria, Venezuela, Iran, Iraq, and Afghanistan, have grown increasingly vulnerable, and is unlikely to improve in the near term, and in fact, could become even more riskier and unstable.
As far as FPPL goes, I'm not vouching for FPPL, I simply don't know enough about the copmany... however, what I will vouch for is the NEED FOR AMERICA TO DEVELOP DOMESTIC ENERGY SUPPLIES IN SAFE/STABLE LOCATIONS FOR IT'S SHORT, MID, AND LONG TERM ECONOMIC/NATIONAL SECURITY, and while I can't say that FPPL has the goods/mangement to help fullfill that very important need, the opportunity for FPPL is there, it just needs to step forward now and fill those boots.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM