Tiberius Posted June 27, 2018 Author Share Posted June 27, 2018 Oil prices rallied Wednesday, with the U.S. benchmark settling at its highest since 2014 as domestic crude supplies notched their biggest weekly drop of the year so far. Traders also showed concerns over U.S. threats to sanction countries that don’t stop importing oil from Iran by Nov. 4. https://www.marketwatch.com/story/crude-rises-as-traders-fret-over-potential-supply-worries-linked-to-iran-2018-06-27 Link to comment Share on other sites More sharing options...
row_33 Posted June 27, 2018 Share Posted June 27, 2018 On 6/19/2018 at 10:45 AM, Koko78 said: How has that impacted the current value of meadcoins? 50 times better than bitcoins. who is laughing now. Link to comment Share on other sites More sharing options...
BillsFanNC Posted July 5, 2022 Share Posted July 5, 2022 @Tiberius clown show receipts. 1 Link to comment Share on other sites More sharing options...
T master Posted July 5, 2022 Share Posted July 5, 2022 5 hours ago, DRsGhost said: @Tiberius clown show receipts. Let the clown speak to what the prices are now in comparison & put those old 2018 prices up against the ones today but alls you will here is crickets . Link to comment Share on other sites More sharing options...
ALF Posted October 5, 2022 Share Posted October 5, 2022 Bloomberg Middle East @middleeast · 5m BREAKING: OPEC+ panel proposes a cut of 2 million barrels a day to its output, as they seek to halt the slide in oil prices 1 Link to comment Share on other sites More sharing options...
Boatdrinks Posted October 5, 2022 Share Posted October 5, 2022 44 minutes ago, ALF said: Bloomberg Middle East @middleeast · 5m BREAKING: OPEC+ panel proposes a cut of 2 million barrels a day to its output, as they seek to halt the slide in oil prices Bad sleepy Joe energy policy creates reliance on OPEC. Dumbest President in history and the hits keep comin’ . Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 6 minutes ago, Boatdrinks said: Bad sleepy Joe energy policy creates reliance on OPEC. Dumbest President in history and the hits keep comin’ . Actually Putin has led to higher gas prices. But don't blame him, right? Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 5, 2022 Share Posted October 5, 2022 20 minutes ago, Tiberius said: Actually Putin has led to higher gas prices. But don't blame him, right? All the sanctions and poor domestic energy policy led to higher prices. 1 2 Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 1 minute ago, All_Pro_Bills said: All the sanctions and poor domestic energy policy led to higher prices. Sanctions because of the war, and yes, we have had poor energy policy for decades Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 5, 2022 Share Posted October 5, 2022 (edited) 15 minutes ago, Tiberius said: Sanctions because of the war, and yes, we have had poor energy policy for decades The reason for the sanctions doesn't change the consequences and our current energy policy is in conflict with reality. Pushing "green" solutions that cannot replace current conventional energy sources at this point in time. But the fundamental problem is this administration operates like an 800 pound Gorilla. Rather than promote cooperation and mutually beneficial relationships our foreign policy is based on threats, sanctions, and force. What exactly gives our country the "right" to dictate to sovereign and independent nations, mostly democracies, who they can and can not conduct business and trade? Countries such as India. Talk about interference, the US is King of foreign interference. Biden isn't isolating Russia, he's isolating us. And we're all going to suffer as a result. Edited October 5, 2022 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 2 minutes ago, All_Pro_Bills said: The reason for the sanctions doesn't change the consequences and our current energy policy is in conflict with reality. Pushing "green" solutions that cannot replace current conventional energy sources at this point in time. But the fundamental problem is this administration operates like an 800 pound Gorilla. Rather than promote cooperation and mutually beneficial relationships our foreign policy is based on threats, sanctions, and force. What exactly gives our country the "right" to dictate to sovereign and independent nations, mostly democracies, who they can and can not conduct business and trade? Countries such as India. Talk about interference, the US is King of foreign interference. Biden isn't isolating Russia, he's isolating us. And we're all going to suffer as a result. If we tried harder alternative energy would do more. Funny, do any Trumpers ever say anything bad about that evil monster Putin? Don't really see it They know! 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 5, 2022 Share Posted October 5, 2022 Just now, Tiberius said: If we tried harder alternative energy would do more. Funny, do any Trumpers ever say anything bad about that evil monster Putin? Don't really see it They know! On a unit for unit basis its too expensive and inefficient. One gallon of gasoline produces 44 KW of energy. An average solar panel produces 1.5 KW. The US consumes about 9M barrels of gasoline per day. That's about 16 billion KW of energy. You need 29.3 solar panels to replace the output of one gallon of gas. Multiply that out at 9M barrels at 42 gallons per barrel at 44 KW vs. a panel producing 1.5 KW and how many solar panels do you need to replace one days output of gasoline consumption? Check my math but I get 11 billion solar panels. Double or triple or quadruple the panel output. Its still a very big number. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 4 minutes ago, All_Pro_Bills said: On a unit for unit basis its too expensive and inefficient. One gallon of gasoline produces 44 KW of energy. An average solar panel produces 1.5 KW. The US consumes about 9M barrels of gasoline per day. That's about 16 billion KW of energy. You need 29.3 solar panels to replace the output of one gallon of gas. Multiply that out at 9M barrels at 42 gallons per barrel at 44 KW vs. a panel producing 1.5 KW and how many solar panels do you need to replace one days output of gasoline consumption? Check my math but I get 11 billion solar panels. Double or triple or quadruple the panel output. Its still a very big number. Economy of scale will fix that 1 Link to comment Share on other sites More sharing options...
Tenhigh Posted October 5, 2022 Share Posted October 5, 2022 1 hour ago, Tiberius said: Economy of scale will fix that What will it fix? Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 2 minutes ago, Tenhigh said: What will it fix? costs , supply everything Link to comment Share on other sites More sharing options...
aristocrat Posted October 5, 2022 Share Posted October 5, 2022 1 hour ago, Tiberius said: If we tried harder alternative energy would do more. Funny, do any Trumpers ever say anything bad about that evil monster Putin? Don't really see it They know! We should be building nuke plants but we can't do that by the end of the year or even by the end of Biden's admin. Instead of building giant 1000 acre solar fields that use up really nice habitats we should be building nuke plants that take up maybe 2 percent the size. Let's be green but do it the right way. Obama shut down the nuke waste storage facility because he was taking in all the solar money. Nuke is the cleanest most efficent energy out there. Pump oil to bring down prices as well. keep solar panels only for the tops of peoples houses. 1 Link to comment Share on other sites More sharing options...
Tenhigh Posted October 5, 2022 Share Posted October 5, 2022 50 minutes ago, Tiberius said: costs , supply everything It may lower the cost of panels, provided that the materials needed are cheap and abundant, but it won't improve the efficiency. 1 Link to comment Share on other sites More sharing options...
sherpa Posted October 5, 2022 Share Posted October 5, 2022 I believe that of total energy last year, fossil fuel was 82%. Ten years ago, it was 83%. Not a great gain after huge investment in non fossil fuel sources. Link to comment Share on other sites More sharing options...
snafu Posted October 5, 2022 Share Posted October 5, 2022 3 hours ago, Tiberius said: Actually Putin has led to higher gas prices. But don't blame him, right? Shouldn't Putin get the credit for the lower prices, too? 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 5, 2022 Author Share Posted October 5, 2022 58 minutes ago, aristocrat said: We should be building nuke plants but we can't do that by the end of the year or even by the end of Biden's admin. Instead of building giant 1000 acre solar fields that use up really nice habitats we should be building nuke plants that take up maybe 2 percent the size. Let's be green but do it the right way. Obama shut down the nuke waste storage facility because he was taking in all the solar money. Nuke is the cleanest most efficent energy out there. Pump oil to bring down prices as well. keep solar panels only for the tops of peoples houses. Well, they would take time to build, also. And they can be dangerous. @sherpa posted about an interesting company doing great things with energy production that seemed very interesting. Link to comment Share on other sites More sharing options...
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