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...
aristocrat Posted October 5, 2022 Share Posted October 5, 2022 3 minutes ago, Tiberius said: 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. They are not very dangerous. We have plenty of time to build them if we just start. Solar panels are actually much worse for the environment as once they are beyond life span there is no regulation as where to recycle them so they end up in dumps and when they break down it poisons the land and water like you wouldn't believe. Very green! They also use up 40 times more land needed for nuke plants lol. Link to comment Share on other sites More sharing options...
dpberr Posted October 5, 2022 Share Posted October 5, 2022 The nascent OPEC/Russia/China/India bloc is going to be the big story in the coming years as they will most certainly take a deliberate shot at replacing the dollar as the reserve currency. 1 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted October 5, 2022 Share Posted October 5, 2022 As with all these...imagine the media meltdown if Trump was caught on a hot mic saying the same about his family. Link to comment Share on other sites More sharing options...
sherpa Posted October 5, 2022 Share Posted October 5, 2022 1 hour ago, dpberr said: The nascent OPEC/Russia/China/India bloc is going to be the big story in the coming years as they will most certainly take a deliberate shot at replacing the dollar as the reserve currency. This gets brought up every couple years. Russia is going to be in deep economic chaos for years. This idiotic foray into the Ukraine is going to kill them economically. China has very limited natural resources, so I don't think we need to worry about them. India is deeply dependent on Russian military trash, which gets killed in every engagement, and the most recent Russian debacle suggests that they might need to change suppliers, as the current supplier can't even support it's own. I have never been less concerned about the economic component of these countries. Link to comment Share on other sites More sharing options...
Doc Posted October 5, 2022 Share Posted October 5, 2022 2 hours ago, Tenhigh said: It may lower the cost of panels, provided that the materials needed are cheap and abundant, but it won't improve the efficiency. Sure it will. Just put dozens of solar panels on your car and thousands on airplanes. Should work great! Link to comment Share on other sites More sharing options...
BillStime Posted October 5, 2022 Share Posted October 5, 2022 🎯 Link to comment Share on other sites More sharing options...
Big Blitz Posted October 5, 2022 Share Posted October 5, 2022 You're already seeing the increases at the pump. FYI spare us they've been *low* and no one said anything. They've never been *low* in the last 6 months. They've been over 200% more since the DNC CCP Coup of 2020. The only thing that has decreased in the last 2 years are your home values. They won't recover in your lifetime. Interest rates are heading for double digits and will stay there throughout the recession that will last years (lol remember when the media kept saying we were in one during Trumps presidency in 2020 and blamed him not their sham pandemic - but they refuse to say it now - that will probably be around January). Also, I cite my sources. Read this horse ***t and if you still don't believe they played the entire world you need to send yourself to the sun https://thehill.com/opinion/finance/509302-donald-trumps-double-dip-recession/ 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted October 5, 2022 Share Posted October 5, 2022 7 minutes ago, Big Blitz said: You're already seeing the increases at the pump. FYI spare us they've been *low* and no one said anything. They've never been *low* in the last 6 months. They've been over 200% more since the DNC CCP Coup of 2020. The only thing that has decreased in the last 2 years are your home values. They won't recover in your lifetime. Interest rates are heading for double digits and will stay there throughout the recession that will last years (lol remember when the media kept saying we were in one during Trumps presidency in 2020 and blamed him not their sham pandemic - but they refuse to say it now - that will probably be around January). Also, I cite my sources. Read this horse ***t and if you still don't believe they played the entire world you need to send yourself to the sun https://thehill.com/opinion/finance/509302-donald-trumps-double-dip-recession/ More fake news Link to comment Share on other sites More sharing options...
Doc Posted October 6, 2022 Share Posted October 6, 2022 The mid-terms might we worse for Dems than we all thought. 1 Link to comment Share on other sites More sharing options...
T master Posted October 6, 2022 Share Posted October 6, 2022 On 5/1/2018 at 10:52 AM, Tiberius said: Deregulation in action baby. Feel that pump pain, oh ya. Yep went as high as $4.00 a gallon here then the Biden band aid was implemented & it dropped to $3.19 to make us feel better and in one day went to $3.39 over night and because given the executive orders turning around what ever the prior administration was doing to have $2.00 gas the country is once again at the mercy of OPEC . Why fix something that wasn't broken ? Oh that's right because it doesn't follow the electric agenda ! The Biden band aid was to help the mid terms making it look as if he really cares when in fact they don't & the S**T will hit the fan in time to impact the holiday season and they will come up with some lame a** excuse or do what they have been continually do & blame it on some one else . A leopard never changes it's spots !! Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 6, 2022 Share Posted October 6, 2022 14 minutes ago, T master said: Yep went as high as $4.00 a gallon here then the Biden band aid was implemented & it dropped to $3.19 to make us feel better and in one day went to $3.39 over night and because given the executive orders turning around what ever the prior administration was doing to have $2.00 gas the country is once again at the mercy of OPEC . Why fix something that wasn't broken ? Oh that's right because it doesn't follow the electric agenda ! The Biden band aid was to help the mid terms making it look as if he really cares when in fact they don't & the S**T will hit the fan in time to impact the holiday season and they will come up with some lame a** excuse or do what they have been continually do & blame it on some one else . A leopard never changes it's spots !! Not to worry. After OPEC+'s middle finger gesture yesterday, Joe has gone begging to Maduro in Venezuela offering some easing in sanctions and other financial incentives in exchange for allowing Chevron to assist in pumping more oil out of the countries fields. My guess is that any increase out of Venezuela will be met with OPEC+ telegraphing an equivalent output cut but the idiots running US policy likely haven't even considered that as its clear they are desperate and have no plan. Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 6, 2022 Share Posted October 6, 2022 The really pressing issue here is the country’s long term alternative to gasoline. In short…we currently do not have one! Until we do, this seems like a dangerous game of…dare I say it…Russian Roulette. Link to comment Share on other sites More sharing options...
T master Posted October 6, 2022 Share Posted October 6, 2022 4 minutes ago, All_Pro_Bills said: Not to worry. After OPEC+'s middle finger gesture yesterday, Joe has gone begging to Maduro in Venezuela offering some easing in sanctions and other financial incentives in exchange for allowing Chevron to assist in pumping more oil out of the countries fields. My guess is that any increase out of Venezuela will be met with OPEC+ telegraphing an equivalent output cut but the idiots running US policy likely haven't even considered that as its clear they are desperate and have no plan. Oh they probably have a plan they just as usual haven't though it through & haven't taken into consideration the consequences of it that's just what this administration does ... Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 6, 2022 Share Posted October 6, 2022 6 minutes ago, T master said: Oh they probably have a plan they just as usual haven't though it through & haven't taken into consideration the consequences of it that's just what this administration does ... This is somewhat off topic but I’ve observed this time and time again. The Left sees a problem and with all good intentions thinks they can enact policies to thwart the injustice. Unfortunately, they’ve yet to learn that the variables in the equation are just that…variable! So the problem moves elsewhere and we’re left with a bunch of stupid but well meaning laws and regulations for yesterday’s problem. Rinse and repeat! Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted October 6, 2022 Share Posted October 6, 2022 (edited) 16 minutes ago, SoCal Deek said: The really pressing issue here is the country’s long term alternative to gasoline. In short…we currently do not have one! Until we do, this seems like a dangerous game of…dare I say it…Russian Roulette. There's no plan. That's pretty much it. When you intend to embark on a "transformation" whether its a simple or complex process or system you need to do a few things. First, clearly articulate and understand the current state, and then clearly articulate and define the desired future state. And in between, comes a transition plan which identifies the steps, resources, time, cost, and other such necessities of producing a valid and credible plan to get from point A to point B. Another important task is to truthfully and realistically determine your capability of successfully completing the plan. Which might be called risk management. You need a master plan so to speak for US energy production and consumption. But we have no such thing. All we have are a series of seemly unrelated legislative actions along with attempts to provide incentives and disincentives in the market with the hope it will all work out. And so far its pretty clear it isn't. So the first impulse from our leadership is what is called doing more of what's not working until it works. Which is typically a road to failure. What's more troubling is the goal of not disrupting or destroying current society while performing the transition is absent or ignored. Edited October 6, 2022 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
ALF Posted December 7, 2022 Share Posted December 7, 2022 Toyota unveils hydrogen-powered pickup and SUV Toyota thinks hydrogen could be an alternative to battery power https://www.foxnews.com/auto/toyota-hydrogen-powered-pickup-suv 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted December 7, 2022 Share Posted December 7, 2022 3 hours ago, ALF said: Toyota unveils hydrogen-powered pickup and SUV Toyota thinks hydrogen could be an alternative to battery power https://www.foxnews.com/auto/toyota-hydrogen-powered-pickup-suv It’s interesting. The Japanese manufacturers are slow walking the move towards pure electric powered vehicles, while the European manufacturers are pretty much all in. It’s going to be fascinating to see how this all turns out. That’s of course if the planet is still inhabitable by the time we get there. 😳 Link to comment Share on other sites More sharing options...
Doc Posted December 7, 2022 Share Posted December 7, 2022 Years ago Elon said it's not a viable energy source. But I guess we'll see. Link to comment Share on other sites More sharing options...
Tiberius Posted December 7, 2022 Author Share Posted December 7, 2022 1 hour ago, SoCal Deek said: It’s interesting. The Japanese manufacturers are slow walking the move towards pure electric powered vehicles, while the European manufacturers are pretty much all in. It’s going to be fascinating to see how this all turns out. That’s of course if the planet is still inhabitable by the time we get there. 😳 Very anecdotal, but been seeing a lot lately about hydrogen being feasible to make and ship, both of which are/were difficult. So who knows Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted December 7, 2022 Share Posted December 7, 2022 1 hour ago, Tiberius said: Very anecdotal, but been seeing a lot lately about hydrogen being feasible to make and ship, both of which are/were difficult. So who knows Generally hydrogen is found in water, H20, rather than free hydrogen that can be captured or drawn from the atmosphere. Have you seen anything about what energy sources are being considered to "charge" the water in order to separate out the hydrogen from the oxygen and store it somewhere? This is important because from a physics and economic perspective, to be an effective energy source the amount of energy input needs to be less than the energy output. Link to comment Share on other sites More sharing options...
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