Replies to post #1686 on US Geothermal (HTM)

[terry hallinan]

Hi, Tis.

I still remember way back when Friday had real meaning instead of a long dreary wait for the rapture to begin again. That has to do with a totally unrelated stock that has been as attractive as leprosy that has the incredible diehards celebrating like there is no tomorrow and there may not be. It's now some mils above a penny where it hasn't been since - who can remember?

Geothermal has been like that for me for over half a century. I know where lots of old digs are. But still pleasant when hope returns.

"affiliate" of Cyrq Energy?


Guess the answer will eventually reveal itself.

Many small companies generate new corporate entities like rabbits multiplying. The "affiliate" can go broke without dragging down the mother. I suspect that is all it is.

Chevron ? @Chevron
In some places, the earth is bursting with geothermal energy. We're helping to release it. @politico #EnergyInsider pic.twitter.com/ElEH15HHx1

Oil company speaking/promoting geothermal...question the motive for, appreciate the plug (geothermal)

Chevron generates more geothermal power than any other corporation but obviously that is a tiny portion of Chevron's business. It is handy for promoting Chevron as a great environmentalist. Profits are not a huge concern.

Incidentally Chevron was chased out of Oregon by a dwarf minnow [kind of hard to picture a dwarf minnow is it not?]. The mighty mite lives in a hot lake in Harney County in splendid isolation and only there. The State of Oregon demanded that Chevron repair the damage they caused to the tiny fish's home and then banned all geothermal development in Oregon on public lands. The ban prevented any development for over 20 years. The hostility to baseload renewable power in North America has been remarked on continually for decades.

See here, for instance:

http://www.dailykos.com/story/2009/02/04/690229/-Why-Isn-t-California-Producing-More-Geothermal-Power

Some large entities have abandoned the U.S. and others remain here mostly because their assets would obtain little but a hefty capital loss.

There is obvious evidence of movement but it has been glacial.

Best, Terry