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January 03, 2008

Oil breaks $100, closes just below, I toldya so

From Martin Tobias:

"Santa will bring $100 oil for christmas".  That is when oil just hit over $80/barrel for the first time.  People thought I was crazy then. 

Now From Bloomberg:
Jan. 4 (Bloomberg) -- Crude oil was trading above $99 a
barrel after falling from a record in New York on gains in U.S.
gasoline and diesel inventories.

Gasoline supplies climbed 1.99 million barrels to 207.8
million last week, an Energy Department report showed, outpacing
a 1.5 million-barrel increase predicted in a Bloomberg News
survey. Crude futures yesterday touched a record $100.09 before
closing lower.


``The levels of stockpiles indicate markets seem to be
adequately supplied, so there's not too much concern around
about a physical shortage,'' said Gerard Burg, a minerals and
energy economist at National Australia Bank Ltd. in Melbourne.
``There seems to be a continual acceptance of prices at higher
levels.''


Crude oil for February delivery traded at $99.27 a barrel,
up 9 cents, in after-hours electronic trading on the New York
Mercantile Exchange at 9:53 a.m. in Singapore. Yesterday the
contract fell 44 cents, or 0.4 percent, to $99.18 a barrel.
Prices are up 79 percent from a year ago.

Posted by Martin at 07:24 PM | Comments (0) | TrackBack (0)

January 02, 2008

The seed is starting to prosper

Four years ago I started looking for renewable energy investments in the Northwest.  I invested in Seattle Biodiesel that became Imperium Renewables.  Three years ago I started the Northwest Energy Angel Network.  Now stories are showing up every week about the growth of clean tech in Seattle, including this one in Seattle Times this week. Tech people focusing on the environment and renewable energy.  Now there is a winning formula. 

Posted by Martin at 07:36 PM | Comments (0) | TrackBack (0)

December 28, 2007

Drobo is catching on

Eric is the third person to tell me to get one.  I better get one soon.  1TB drives are only $249 at fry's.

Posted by Martin at 09:26 PM | Comments (0) | TrackBack (0)

December 21, 2007

Want to see the Sonics in my seats?

I have had season tickets for 15 years. First row of bleachers.  Great seats.  I have a couple games up on stubhub if you want them.

Event: Dallas Mavericks at Seattle SuperSonics Tickets
Venue: Key Arena
Date: April 13, 2008 06:00 (PDT)

Section: 107
Row: 1
Seats: 14,15
Price: $250.00

To check this out, just follow this link -
http://www.stubhub.com/?/?gcid=C12289x206&ticket_ID=111591007

StubHub is your place to buy tickets.

Posted by Martin at 01:41 PM | Comments (0) | TrackBack (0)

December 19, 2007

Submit your business plan to me

Alot of readers want to know how to get a business plan to me.  Submit it to the NW Energy Angels, the group I started and chair.  I look forward to it.

Posted by Martin at 08:21 PM | Comments (0) | TrackBack (0)