GE Paulus

Mr. Paulus is the founder of the Institute of Energy and a CEM. He served as a natural gas utility director for over 20 years and a USG Senior Energy Advisor.

[GE Paulus @8urlunch]

@washingtonpost The economy rides on a maiden of Oil, period--not drought, not tariffs, not fear, but Oil. Oil need to be at $67/bbl. Follow the money and you will see who is getting the windfall.

[GE Paulus @8urlunch]

@SenWarren stop interfering. Government need to allow private ventures to move forward. IPO investors need to manage their risk.

[GE Paulus @8urlunch]

@politico Good!

[GE Paulus @8urlunch]

@OilandEnergy Unfortunately, it is time to take off the gloves and give them something serious to think about.

[GE Paulus @8urlunch]

@jackprandelli Your chart shows it all. Who to blame--Iran

[GE Paulus @8urlunch]

@ABC Unless we get control of oil prices, the world's economy will collapse into a great recession by October. Oil above $80/barrel and the worldwide economy contracts above $95/bbl and it will collapse.

[GE Paulus @8urlunch]

@SenMarkKelly Are you serious! The world's economy rides on a maiden of Oil. Mark my words, oil drives our world's economy not Trump. You need to get in the yoke and pull to lower oil prices. It is time to take off the gloves an pound Iran into submission.

[GE Paulus @8urlunch]

@JavierBlas That will be short lived. They are operating on very Thin Ice.

[GE Paulus @8urlunch]

We need comprehensive immigration reform, you are correct about that and you need to put your nose to the grindstone and work it out. Hint: Start with low hanging fruit --DACA kids, no one wants to deport a kid that went through our school system graduate and is gainfully employed with a clean record. But even DACA kids need to give a little to get a little. Perform 250 hours of community service, have a clean record and apply for citizenship immediately. Then they are on the path. Next, address proven long term residents--again give a little to get a lot--Register, agree to a $5000 payment in installments, perform 300 hours of community service. This is not rocket science.

[GE Paulus @8urlunch]

@OilandEnergy This is great and they are acting very responsibly. The US should do the same. It is not wrong to move the needle toward renewables. Oil can be used for so much more that burning. Materials, Medicine,
Infrastructure, Food systems, pipe and industrial uses.

[GE Paulus @8urlunch]

Mark,
Being a senior officer myself and serving for 33 years, I feel you had a malicious intent when you made the statement regarding unlawful orders. Your comments could not have been anything but wanting to put doubt into the minds of sailors. Even the most green of basic trainee knows that they are not required to obey unlawful order. So, you should apologize and your comments need to be condemned. This is not because your comments are inaccurate but because they were intend to undermine the mission that now, in hindsight, were so essential to our national interests. For that you should be sanctioned...and reprimanded. Sorry to be so blunt!

[GE Paulus @8urlunch]

Ruben, You are lost, muddled and confused. The economy rides on a maiden of oil. Oil prices are down and so transportation costs are down, commodities are down, food is down nationwide, but in Arizona we are being hijacked by California refineries jacking up the prices of refined products. If you were worth you salt, you would be working with the tribal nations to build a refinery in Arizona in the San Juan Basin area. This would make good economic sense for all Arizonans and the Indigenous people who need steady work!

[GE Paulus @8urlunch]

You are correct, and We want access to Venezuela’s oil, (who wouldn't)--Make no mistake, the world's economy rides on a maiden of Oil. However, we should not be using taxpayers money to rebuild their oil infrastructure--we should get a "futures" oil contract which would gives us rights to their oil. That is, for ever dollar we offer up in aid to rebuild their infrastructure, we need to get $2 of oil in the form of a futures contract that our government can sell on the open market at a later date once their infrastructure is functioning again. This provides the help they need and will prevent an insurgency by using their labor force as they rebuild infrastructure. Additionally, they will use our aid for only as long as it necessary and not a day longer because of the arbitrage. When I was in Iraq, I suggested this to my superiors only to be rejected because they "did not want to appear that we were there for their oil." What a mistake. In short, I am advocating a reconstruction-for-commodity futures exchange: U.S. (or allied) capital + engineering + logistics to rebuild critical infrastructure
Results --A sovereign-issued oil futures contract valued at 2× the reconstruction outlay.
How: Futures mature only after infrastructure is operational, Oil is resold later on open markets, not seized directly. The effect: Aligns incentives
Avoids permanent aid dependency, Employs local labor
Reduces insurgency risk, Creates an automatic exit condition.

[GE Paulus @8urlunch]

You are correct' we should not be using taxpayers money, we should get a "futures" oil contract which would gives us rights. That is for ever dollar we offer up in aid to rebuild their infrastructure, we need to get $2 of oil in the form of a futures contract that our government can sell on the open market at a later date once their infrastructure is functioning again. This provides the help they need and will prevent an insurgency by using their labor force as they rebuild infrastructure. Additionally, they will use our aid for only as long as it necessary and not a day longer.

When I was in Iraq, I suggested this to my superiors only to be rejected because they "did not want to appear that we were there for their oil." What a mistake.

[GE Paulus @8urlunch]

Please stop inciting hatred of our Utilities. They do a great job in keeping our rates as some of the lowest in the nation. Our utilities are regulated because they are efficiently monopolies. Could you imagine two sets of power lines on each side of the street. Let the ACC and our local councils do their job--stay out of it.

[GE Paulus @8urlunch]

@GavinNewsom 9%? That is background noise. Statistically, that will not allow us to reject the Null.

[GE Paulus @8urlunch]

@elonnews40 18

[GE Paulus @8urlunch]

Mark, You are smarter than that! When I was in Iraq, the Iraqis in the Oil and Gas Ministry begged us to help get the oil wells and infrastructure back into production--they warned that if America wouldn't help them, the Chinese would be digging the oil by hand.
That is exactly what is happening in Venezuela today. Please support your president and work to create a transition to Civil Authority because, mark my words, as the next thing to happen in Venezuela is for an insurgency to spawn. We need to work with the new government now so that THEY can rebuild their infrastructure today. Some suggest that 18-30 year old's have an unemployment and underemployment figure of 10.5 % in 2025 according to the World Bank.

Although the overall country unemployment rate appears relatively low by some international metrics, a large share of young Venezuelans work in informal, underpaid, or precarious jobs, which means the official statistic may understate broader labor market challenges.

This in and of itself will lead to an insurgent surge. Lets send our energy experts to work with the new government to rebuild this dilapidated infrastructure using their labor force. Lets Give Them, "A Cause to Live for Greater than their Cause to Die For." Removing the bad apple is a good thing for the people there.

[GE Paulus @8urlunch]

@CAgovernor Oil prices are under control and right where they need to be at $65/bbl. The economy should be churning.... Unfortunately, there is profiteering at the pump. The pump price (reg) should be $2.85/ gallon with tax included. We need to control the refined products oligopoly.

[GE Paulus @8urlunch]

Agreed! Everyone has the right to their voice. The issue we must grapple with here is when callous, emotional detachment and violence is expressed in public. Freedom of speech does not absolve one from responsibility for words that display insensitivity, poor judgment, or a lack of compassion for those harmed.