Chef Jim Posted March 8, 2022 Share Posted March 8, 2022 6 minutes ago, TH3 said: Perhaps you could lend...you know...some actually non partisan economic analysis as to why gas prices are higher... Supply and demand along with uncertainty. It's really that simple. 1 Link to comment Share on other sites More sharing options...
Boatdrinks Posted March 8, 2022 Share Posted March 8, 2022 2 minutes ago, sherpa said: There is so much more in this universe than electric cars and solar/wind. Solid oxide fuel cells that eliminate the energy grid which is the real vulnerability can be powered by nat gas, at a much less atmospheric impact than what we are now using, or hydrogen, which has no environmental impact. The long term solution to energy is not substituting oil producer producer A for oil producer B. It is in eliminating the centralized grid weakness, where energy is transmitted from a central source, (utility), across a vulnerable grid, (see California's problems). On site production is the solution, and many have figured this out, Google, ATT, Home Depot, Verizon, WalMart, Staples etc. It goes on and on. Cool. Very interesting for the future. That’s not what the moron in chief and his minions are talking about right now , though. Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted March 8, 2022 Share Posted March 8, 2022 5 minutes ago, Chef Jim said: Supply and demand along with uncertainty. It's really that simple. 5 minutes ago, Chef Jim said: Supply and demand along with uncertainty. It's really that simple. More precisely, no matter how much drilling you want to do, depletion of known oil reserves thru consumption exceeds new discoveries and additions to reserves. Exploration and development is more expensive and results in lower flow rates and well life. Shale for example has extremely steep depletion rates. Energy in vs. energy out ratio approaching non-economic break-even. The world uses more oil annually than it finds annually. Market prices are set at the margin. And lastly.. the incoming Biden administration told the industry we won't be needing you for much longer. So who invests billions in light of that attitude? 1 Link to comment Share on other sites More sharing options...
sherpa Posted March 8, 2022 Share Posted March 8, 2022 (edited) 36 minutes ago, Boatdrinks said: Cool. Very interesting for the future. That’s not what the moron in chief and his minions are talking about right now , though. Check out a company like Bloom Energy. Tons of capacity in place across the corporate world, some municipalities, including the town of Colchester, CT as well as a huge South Korean market including container ship energy supply, which is heavy, dirty fuel oil replaced by light, solid oxide energy. All changing. Of course it must be mentioned that Gillette Stadium, home of the Pats, also has the system installed. Edited March 8, 2022 by sherpa Link to comment Share on other sites More sharing options...
SCBills Posted March 8, 2022 Share Posted March 8, 2022 47 minutes ago, TH3 said: no there isn't Perhaps you could lend...you know...some actually non partisan economic analysis as to why gas prices are higher... Gas prices are much higher due to the green energy initiative of the Biden Admin from the moment they took office. Much of this was self inflicted. People getting out and about was always going to increase gas prices a bit, but not like this. Then his weakness, along with our constant provocation, gave the green light to an evil leader to invade another country, further stressing an already struggling domestic energy policy. 1 Link to comment Share on other sites More sharing options...
Demongyz Posted March 8, 2022 Share Posted March 8, 2022 Prices were lower because US/Canada fracking and so on, OPEC+ wanted to make oil cheaper so that our methods of extracting fuel wouldn't be worth it. So they lowered prices. When we don't continue the path we were on, OPEC+ can raise prices again. The + in OPEC+ is Russia. We are cutting off Russia, less oil, higher cost. Drill, frack, explore costs go down. Have a nice day. 1 Link to comment Share on other sites More sharing options...
LeviF Posted March 8, 2022 Share Posted March 8, 2022 51 minutes ago, Demongyz said: Prices were lower because US/Canada fracking and so on, OPEC+ wanted to make oil cheaper so that our methods of extracting fuel wouldn't be worth it. So they lowered prices. When we don't continue the path we were on, OPEC+ can raise prices again. The + in OPEC+ is Russia. We are cutting off Russia, less oil, higher cost. Drill, frack, explore costs go down. Have a nice day. Except they won't expand oil production here. Even if they wanted to (they don't) it would take months to ramp up again. Going hat in hand to Venezuela after a VERY foreseeable oil price spike means only one thing: they want higher gas prices. 1 Link to comment Share on other sites More sharing options...
ALF Posted March 8, 2022 Share Posted March 8, 2022 ExxonMobil earns $23 billion in 2021, initiates $10 billion share repurchase program https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0201_ExxonMobil-earns-23-billion-in-2021_initiates-10-billion-share-repurchase-program 2022 profits will be obscene Link to comment Share on other sites More sharing options...
Demongyz Posted March 8, 2022 Share Posted March 8, 2022 11 minutes ago, LeviF said: Except they won't expand oil production here. Even if they wanted to (they don't) it would take months to ramp up again. Going hat in hand to Venezuela after a VERY foreseeable oil price spike means only one thing: they want higher gas prices. Yeah, but, if they called for an all out drill-a-thon, that would lower prices now as the cost per barrel of oil is really futures, thus, actively working the problem now will begin to lower the cost sooner than later. I watched the price of oil steadily increase the moment Biden won, it got faster the day he took office $2.97/Gallon. Joe talks about oil companies not soaking the public, I'm pretty sure the government makes as much money per gallon of gas as the gas company. It seems that dreams of utopia are too great to do what needs to be done. 2 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted March 8, 2022 Share Posted March 8, 2022 4 minutes ago, Demongyz said: Yeah, but, if they called for an all out drill-a-thon, that would lower prices now as the cost per barrel of oil is really futures, thus, actively working the problem now will begin to lower the cost sooner than later. I watched the price of oil steadily increase the moment Biden won, it got faster the day he took office $2.97/Gallon. Joe talks about oil companies not soaking the public, I'm pretty sure the government makes as much money per gallon of gas as the gas company. It seems that dreams of utopia are too great to do what needs to be done. For anyone interested this is a good source of rig count data. https://rigcount.bakerhughes.com/na-rig-count Link to comment Share on other sites More sharing options...
Tiberius Posted March 8, 2022 Author Share Posted March 8, 2022 1 hour ago, sherpa said: Check out a company like Bloom Energy. Tons of capacity in place across the corporate world, some municipalities, including the town of Colchester, CT as well as a huge South Korean market including container ship energy supply, which is heavy, dirty fuel oil replaced by light, solid oxide energy. All changing. Of course it must be mentioned that Gillette Stadium, home of the Pats, also has the system installed. Up almost 12% today https://www.google.com/search?q=bloom+energy+stock&sxsrf=APq-WBt18nxr8YazB8yTeIN8sozuFXIMFw%3A1646766719670&ei=f6onYtrAKMWkptQPnvqXyA0&oq=bloom+energy+&gs_lcp=Cgdnd3Mtd2l6EAEYADIKCAAQsQMQgwEQQzIOCC4QgAQQxwEQ0QMQ1AIyCAgAEIAEELEDMgQIABBDMgQIABBDMgQIABBDMgUIABCABDIKCAAQsQMQgwEQQzIFCAAQgAQyBQgAEIAEOgcIIxCwAxAnOgcIABBHELADOgcIABCwAxBDOgoIABDkAhCwAxgAOhIILhDHARDRAxDIAxCwAxBDGAFKBAhBGABKBAhGGAFQyQFYyQFg2wxoAXABeACAAUSIAUSSAQExmAEAoAEByAETwAEB2gEGCAAQARgJ2gEGCAEQARgI&sclient=gws-wiz Link to comment Share on other sites More sharing options...
Boatdrinks Posted March 8, 2022 Share Posted March 8, 2022 Joe wants us to believe his putrid policies and agenda have no impact , but I was paying up to $1.65 less a gallon when Trump was President. It was already $1.00 or more higher before Ukraine. Liberal fact checkers hit the snooze button again on this one. 1 Link to comment Share on other sites More sharing options...
John Adams Posted March 8, 2022 Share Posted March 8, 2022 (edited) 4 hours ago, TSOL said: I'll be happy to. Q is the same sort of issue as transgender bathrooms. A manufactured MSM saga designed to obfuscate the general public, divide and conquer so to speak. And to take focus away from the real issues going on behind the scenes. As you yourself have cited, it's a very effective strategy, because while we are debating these hot button topics our elected officials and corporate overlords are running out the back door with all the money. MSM cited it? That now deleted thread was full of accusations about how the MSM was ignoring Q. How can I keep up the conspiracies the MSM is involved with? The Q walk down memory lane was fun. Those guys were way into it. I for one am so surprised it popped like an overinflated balloon but I have faith that the crowd is onto the next thing. Conspiracy hopping is in their DNA. Back on subject. 5%. Edited March 8, 2022 by John Adams Link to comment Share on other sites More sharing options...
Jauronimo Posted March 8, 2022 Share Posted March 8, 2022 Price movements in global commodity markets are NOT solely a function of the US presidency no matter how many times you guys claim it to be. Link to comment Share on other sites More sharing options...
Demongyz Posted March 8, 2022 Share Posted March 8, 2022 9 minutes ago, Jauronimo said: Price movements in global commodity markets are NOT solely a function of the US presidency no matter how many times you guys claim it to be. No *****. Link to comment Share on other sites More sharing options...
Jauronimo Posted March 8, 2022 Share Posted March 8, 2022 18 minutes ago, John Adams said: MSM cited it? That now deleted thread was full of accusations about how the MSM was ignoring Q. How can I keep up the conspiracies the MSM is involved with? The Q walk down memory lane was fun. Those guys were way into it. I for one am so surprised it popped like an overinflated balloon but I have faith that the crowd is onto the next thing. Conspiracy hopping is in their DNA. Back on subject. 5%. I've seen estimates as high as ~25% of equipment destroyed or lost. 3 minutes ago, Demongyz said: No *****. Tell it to the same 20 people who continue to explain gas prices in terms of the presidency whenever a democrat holds the executive and suddenly lose interest when a republican sits in the oval office. Link to comment Share on other sites More sharing options...
wnyguy Posted March 8, 2022 Share Posted March 8, 2022 2 minutes ago, Jauronimo said: I've seen estimates as high as ~25% of equipment destroyed or lost. Tell it to the same 20 people who continue to explain gas prices in terms of the presidency whenever a democrat holds the executive and suddenly lose interest when a republican sits in the oval office. You can't deny this sham administration shut down domestic production of oil. Link to comment Share on other sites More sharing options...
Demongyz Posted March 8, 2022 Share Posted March 8, 2022 1 minute ago, Jauronimo said: I've seen estimates as high as ~25% of equipment destroyed or lost. Tell it to the same 20 people who continue to explain gas prices in terms of the presidency whenever a democrat holds the executive and suddenly lose interest when a republican sits in the oval office. Well, my gas has gone up over $2 per gallon since 1/23/21. Democrat in office. Check. I think it has more to do with the fact that Obama wanted prices to go up artificially to get people to go away from fossil fuels. Then Trump took office and the price dropped like rock. Then Joe gets into office and prices go through the roof as he stops Keystone, hasn't granted 1 drilling permit on land in over a year. What do you think? Democrat presidents cause the price of oil to go up or am I just a dumb dummy from dumb town? 2 2 Link to comment Share on other sites More sharing options...
B-Man Posted March 8, 2022 Share Posted March 8, 2022 DO AMERICANS REALLY WANT A ‘NO-FLY ZONE’ IN UKRAINE? “If they called it an ‘American planes shoot down Russian planes and war breaks out’ zone Instead of a ‘no fly zone’ Sentiment on it would shift quite a bit.” https://www.based-politics.com/2022/03/08/do-americans-really-want-a-no-fly-zone-in-ukraine/ Link to comment Share on other sites More sharing options...
TSOL Posted March 8, 2022 Share Posted March 8, 2022 We can't enforce a no fly zone. It would immediately result in open conflict between the US and Russia and I don't think I want us in open war with Russia 1 Link to comment Share on other sites More sharing options...
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