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Showing content with the highest reputation since 12/23/2018 in all areas

  1. 7 points
    I would go with the line that Nazi style fascism is a left wing ideology in most aspects that its core policies are centralised authoritarian state control. Its main variation from communism is that corporate patronage (sometimes described as corporate socialism) replaces state nationalism and racism and discrimination has a major part to play. Of course there are plenty of examples of communist discrimination against Jews (USSR), gays (Cuba, many African Communist states) etc. Far right in my view is represented by the libertarian model - minimal state control, taxation, public sector intervention. Perhaps a system where Government basically provide armed forces and courts.
  2. 7 points
    https://en.wikipedia.org/wiki/Operation_Wetback I am part New Mexican Apache and Spanish among others. The Apaches fought Spanish, Mexicans, and Americanos. I want a border wall and support legal immigration only.
  3. 6 points
    Tom is right. Electric vehicles do not hold their value well as newer models with longer ranges come on the market. On the other hand, the costs of operating an EV are much lower than for an ICE vehicle both for maintenance and for energy costs. EVs have many fewer parts than ICE vehicles. And they give you a virtuous glow in some circles. Buy an EV and hold it tight.
  4. 6 points
    When the $$ spigots in NYC are turned down or off we will quickly see who is really making money. All those new frac team workers who are wondering what that bump just under their hard hat adjusters is will soon find it is the toggle that your employer installed and will be switched to "OFF". You may return to your former lives as the oil industry no longer needs you. Thank you for your services. Return your PPE laundered, folded and personal H2S monitor. Your final check will be deposited next Friday The pre-packaged bankruptcy lawyers will be rubbing their hands. All the new rubes to fleece. All that free investor money to absorb. The company managers get ready for the golden handshake as the companies stiff their vendors and employees. Hey, it's just business. You fools really believed it was different this time? I was hoping this would last another two years, but it isn't. Oh well. Maybe I can still catch the next run. After all its wash, rinse and repeat.
  5. 6 points
    Welp, yet another reason why I take anything the WSJ says with a few grains of salt. This is WSJ opinion being presented as fact. Time for me to trot out my old tagline signature again ... Just my opinion; as always, you are free to disagree.
  6. 6 points
  7. 6 points
    Time to fit the wheels of these offenders with a huge orange "locking boot." Should take the fun out of this stunt. Cheers,
  8. 6 points
    Tom, there are several ways to view the shale oil phenomena in the US, one as a consumer or, for instance, an upstream E&P investor in stocks, the other from a business/sustainability standpoint. As someone who has dealt with decline, depletion and reserve replacement for many years I struggle to see this shale thing as anything other than a failing business. Re-tooling America's refinery system to handle more LTO is exactly what needs to be done. Exporting LTO as a means of offsetting heavy oil imports assumes heavy oil imports will always be available. There are security and economic risks to that, of course. It is better to keep America's oil IN America. The comment regarding TRRC intervention being akin to price fixing is typical of the American consumer, who at the moment is enjoying low gas and fuel costs, who believes the shale oil abundance hype and does not understand that depletion never sleeps. There are no free market principles at work anymore in the US, not when a Tweet can effectively send the price of oil down 40% in two months. "Beating our competitors in oil" totally neglects decline, depletion and debt. Its a marathon, not the 100 yard dash. The growth of America's oil reserves was regulated successfully for over 40 years. Regulating the growth of shale oil in the US is a sound, long term policy; it would stabilize oil prices, employment, reduce debt and promote conservation of our country's last remaining oil resources. It makes sense, that is exactly why it will never be done again. As Art Berman points out, if the TRRC were to do nothing other than enforce existing flaring regulations and protect W. Texas groundwater resources, the shale oil industry would be forced to slow down. In America, however, we are now incapable of thinking past next week, with our kids in mind. Thank you for inviting me here, Tom. I should hang around with my kind, however. Happy New Year, buddy!
  9. 6 points
    Tom, you are always so kind to mention me; thank you. I guess one can say instead of being the cookie monster I am the shale oil monster. Indeed, as you point out, the US shale oil phenomena has significantly altered the world oil landscape; I suspect there are still tens of thousands of men and women worldwide unemployed in the oilfield because of price volatility. There are rigs stacked, offshore rigs cold stacked rusting away, capital has been deferred from all exploration and a good bit of infill development because of low, volatile oil prices. Infill development, of course, helps arrest the decline rates in the worlds major oil fields; not very much of that is occurring anymore when one looks at world rig counts. Entire economies and social structures dependent on their nations oil sovereignty are suffering, all of which I believe is a direct result of the unfettered explosion of shale oil in America. That happened, and is still happening...on credit. Economic growth in America is now pretty much all debt related. The 'make America great' again crowd thinks this is good stuff, but of course they are ignoring the legacy of debt we are leaving our kids. And the fact, of course, that in 25 years we will have left them NO hydrocarbons to use for their future. My question to you is, does all this 'American shale oil' first stuff piss the rest of the world's oil business off? It has to be maddening in the ME, or Indonesia, in Norway, everywhere the world has oil. I mean, how can anyone compete with America's ability to print money? I can't, even in America, and because of the shale oil phenomena am now looking at the end of my long oily career. Price volatility is a killer. What are your observations as you travel the world on how others view the US shale revolution?
  10. 5 points
  11. 5 points
    Here's your problem with the Tesla car, Janet. Have a minor collision with it and the car is scrap. The bodywork does not crumple, the material shatters. Tesla itself will not repair most collisions, and have few "authorized" repair shops, who in turn charge outrageous fees. What buyers do not fully understand is just how fragile these cars are when hit. Once the insurance companies develop an experience curve with Tesla, I anticipate that collision premiums will go through the roof. Then what?
  12. 5 points
    Environmentalism is big business! Really big business!! The continuing drumbeat of "we're doomed" is unfortunately resonating. So, there always has to be a target. The public is tiring of the "fracking" nonsense where this long used operation has not shown evidence that it creates water contamination. So, darn, now what! Ah, LNG! The public is becoming aware of it so now it has to be a disaster in waiting somewhere, somehow. So, now they have found another "cause celeb". Unfortunately, the public listens to them since the industry itself never defends the importance of fossil fuels. Okay, the exploration and development along with transportation is difficult to explain in terms that are understandable. That is the unfortunate part of the creation of Al Gore's "Global Warming". Easy to understand. Gore's a smart guy, so when it was 15 degrees and blizzards in the Northeast, people questioned this actual doom and gloom scenario. Ah, now it's Climate Change!! Winner! The oil and gas industry needs to be creative and put out a video on the amazing change that happens when a place in Africa gets electricity, heat generated without burning cow dung, can make products, make money, progress that changes lives. Unfortunately, the environmentalists step in. Control their tribal leaders perhaps with bribes, give them horror stories, etc. Then these groups go back to the industrial world by private jet, take their Escalade home to their 26 room house which is ablaze with light. And then you notice, not one solar panel, or windmill to be seen.
  13. 5 points
    Yep. There's also a more recent one from the WSJ but, of course, it's behind a paywall. The way it looks, it's just a question of time.
  14. 5 points
    I was present for that conversation; participated in it, actually. In fact, Jan's definitions of "liberal" and "conservative" are precisely why I want his thoughts on "primitivism". Far from "weaponizing" the definition of conservatism, Jan offered an equally "sweet" definition that factually presented conservatism's core idea: preservation of value already obtained. That's the Important Thing(TM) conservatism aims to achieve. In addition to presenting the original motivations for and factual definitions of "liberal" and "conservative", Jan offered something practical: definitions we can all respect, learn from, and discuss. I.e. he re-framed the discussion such that the rest of us could break out of our vitriolic loop. Even if his definitions were historically wrong, I'd adopt them for that practical merit alone. There's a more general principle we can glean from these "sweet" definitions: when we discuss, we must always look for the good in what the other person is saying. When we intentionally look for the bad, we're nitpicking. Nitpicking devolves the conversation into a battle, after which both sides end up frustrated, more entrenched in their own position, and somehow less informed of their opponent's point of view. By contrast, when we look for the good in what they say - temporarily glossing over perceived errors - we can understand their intent and find common ground. E.g. I can disagree with the specific policies a leftist proposes while acknowledging that the Important Thing they aim to achieve is progress. Acknowledging the value of their Important Thing puts us on the same team. From there, we can make progress. Taking a slightly different tack on "look for the good", no one is perfect. At no point will a person express themselves perfectly. At no point will their words be free of emotional bias. At no point will their views be independent of the traumas and heartaches they, personally, have experienced. I'm OK with that because I'm no better than they are. To communicate through all this imperfection, each person must intentionally look for the Kernel of Truth(TM) in the other's words. Once the kernels are found, they're able to truly see and acknowledge each other. From that rudimentary foundation of respect, trust, and understanding, people can discuss. Not talk at each other, as usually happens; actually discuss. From discussion, solutions can emerge. I don't agree with everything Jan says - and trying to envision his intellectual world is certainly work - but he usually offers an excellent Kernel of Truth. It's worth the effort.
  15. 5 points
    There is a good book called "Nudge" that describes how easy it is to manipulate people's behavior with the smallest, simplest changes. The book describes benevolent use of such manipulation, but a corporation could just as easily use psychological techniques for profit. Google has openly admitted they do so. I would also note that Big Tech has amassed incredible knowledge, both about individuals and the art/science of manipulating those individuals. It's impossible to know what, exactly, they're doing and how, exactly, that affects us. They harvest information from the entire internet and use it to guide what we see. I don't believe anyone using their services is immune to their practices. I would also highly recommend everyone here spend some time on https://www.reddit.com/r/privacy/. You may be frightened how deeply Big Tech has sunk its talons into society.
  16. 5 points
    I am an American, but i do not exactly share my country's view on the Crimea / Ukraine ongoing issue, which keeps creeping forward with tit for tat stuff that has currently taken us to a dispute about the Kerch Bridge and the strait. I believe the whole thing has been handled badly by both sides. To put things in perspective... If i recall, a long time ago, the old USSR owned both the Crimea, and what we now call Ukraine. Many, Many, years ago, the Crimea (which included ports and military bases that are critical to the USSR) , and Ukraine (called "the Ukraine" back then, and which had far fewer critical assets) were merged by the old USSR into one single state called UKRAINE. As they did most everywhere in the USSR, the government then began a program of "forced resettlement" into the new state, in order to "merge the two peoples together." In addition, other citizens from other Soviet states were also sent to the new UKRAINE, and so were many military servicemen of course. SO, over time, everyone intermarried with each other, and they all became UKRAINIANS... Great....... One Big Happy State.... Then 30 years ago the USSR became RUSSIA. Then some 50 years after the merger, and a few years ago, UKRAINE DECIDED TO BREAK OFF ITS RELATIONSHIP WITH RUSSIA... Big Problem... ALL OF THESE FAMILIES WITH FAMILY MEMBERS WITH DIFFERENT NATIONAL ALLEGIANCES ARE NOW BEING BROKEN APART... Ukraine is made up of Russian citizens from all over the place.: CRIMEA, THE UKRAINE, and everywhere else. Not all of those people wanted to break off from Russia. So, a mini-civil-war occurred, and the result was that Russia stepped in, AND TOOK BACK THE CRIMEA, IN ORDER TO REGAIN CONTROL OF THE CRITICAL PORTS AND MILITARY BASES THAT IT STILL HAD THERE. Perfectly understandable... All they did was reverse what they had done long ago. When it happened, i saw no problem with it, as the Crimea has been RUSSIAN LAND FOR HUNDREDS OF YEARS... But, then Crimean rebels, apparently with the help of rogue Russians, shot down a Malaysian Civilian Airliner that was legally crossing their territory, killing hundreds of women and kids, and suddenly, the mini-civil-war is a MAJOR INTERNATIONAL EVENT THAT EVERY WESTERN COUNTRY FEELS OBLIGATED TO TAKE A SIDE ON... THE USA AND THE EU TOOK THE SIDE OF UKRAINE... IN MY OPINION, WE SHOULD HAVE TAKEN THE SIDE OF MALAYSIA.. Which brings us to the Kerch Strait. When Ukraine and Crimea separated, Russia and Ukraine came to an agreement as to a "specific channel route" for Ukrainian shipping to use. That agreement has held without problem for years. Until now. WHY NOW ? Because of the KERCH BRIDGE... Because of the separation, a section of Russian / Crimean territory was left "cut-off" from the rest of Russia / Crimea.. It was agreed by Ukraine that Russia could build a BRIDGE across the mouth of the Kerch Strait for Russia to regain access to it's land. Sounds fair, and is no big deal... RIGHT...? WRONG... That bridge has now been built. And almost immediately, the Russians are using the "architecture" of the steel bridge, AS A TOOL TO BLOCK UKRAINIAN SHIPS FROM ENTERING THE KERCH STRAIT. The day they blocked the Kerch Strait at the Kerch Bridge, the Russians , simultaneously stopped, seized, and arrested Ukrainian seamen on several Ukrainian ships that happened to be passing through the Kerch Straits Passage at the time. All the evidence shows the Ukrainian ships were legally inside the agreed upon passage. So the arrest of the Ukrainian Seaman is illegal... Why is Russia breaking it's own law and doing this ? I BELIEVE THIS WHOLE THING IS A PLOY OF SOME KIND BY PUTIN AND RUSSIA, TO GET SOMETHING FROM UKRAINE. At this time, NO ONE SEEMS TO KNOW WHAT THE RUSSIANS WANT FROM UKRAINE... AND IF UKRAINE KNOWS, THEY ARE NOT TELLING... So, as far as i am concerned, this whole thing is some kind of "secret negotiation" between Russia and Ukraine, and i do not believe the USA, or anyone else, should get involved. As for the seamen, they are probably being treated well, as Russia has no reason to hurt them, THE SEAMEN ARE THE LEVERAGE FOR RUSSIA IN THIS WHOLE THING..... So, in conclusion, i believe that the USA, if it wants to do anything, should find out what Russia wants from Ukraine, and if it is reasonable, encourage Ukraine to give it to Russia. Then the seamen will be released, and everyone will live happily ever after. But, instead, the EU, and USA are discretely playing games with their ships, which will cause nothing but further trouble. But what do i know... i am just a poor old boy from Florida...
  17. 5 points
    The War Against Globalism ... The fact that globalists of every type consider nationalism a threat to their broader ambitions has meant that parochial or domestic interests are often disregarded or even rejected. With that in mind, and focusing on two issues – wholesale unwelcome immigration and corrupt government run by oligarchs – one might reasonably argue that large numbers of ordinary citizens now believe themselves to be both effectively disenfranchised and demonstrably poorer as rewarding work becomes harder to find and communities are destroyed through waves of both legal and illegal immigration. In the United States, for example, most citizens now believe that the political system does not work at all while almost none think that even when it does work it operates for the well-being of all the citizens. For the first time since the Great Depression, Americans no longer think of upward mobility. Projections by sociologists and economists suggest that the current generation growing up in the United States will likely be materially poorer than their parents. That angst and the desire to “do something” to make government more responsive to voters’ interests is why Donald Trump was elected president. What has been occurring in Belgium, France, with Brexit in Britain, in the recent election in Italy, and also in the warnings coming from Eastern Europe about immigration and European Union community economic policies are driven by the same concerns that operated in America. Government itself is becoming the enemy. And let us not forget the countries that have already felt the lash and been subjected to the social engineering of Angela Merkel – Ireland, Spain, Portugal and Greece. All are weaker economies crushed by the one size fits all of the EURO, which eliminated the ability of some governments to manage their own economies. They and all their citizens are poorer for it. ...
  18. 5 points
    As one Saudi Arabia expert I like to read noted recently, Saudi Arabia doesn't exactly need to balance its budget. There are countries living in chronic deficit and they are doing just fine if the U.S. is any example to go by. So, I guess they can afford another year of deficit or even a few. Maybe. Their problem is they're too used to a good lazy life and that's over. So, who else has been having fun with the oil price seesaw this week?
  19. 5 points
    I have always wondered what would happen if they just shut the spigot off for a couple of months over there in SA. Some of y'all are too young to remember a couple of times they cut off the supply, not entirely, but cut us off. I remember the long lines, only being able to get 5 or 10 gallons at a time, odd even days where the first or last number on the license plate determined what day you could get gas, people fighting at the pump over gas, etc. It wasn't a great time in the US then. Yet we sallied up to their oil bar and kissed their butts afterwards. Hmmmmmmm, I wonder....
  20. 5 points
    Thank you, Tom. I met a Saudi engineer not long ago who asked precisely the same question, why does our government not intervene to conserve our nations resources and help stabilize oil prices? The Railroad Commission of Texas regulated our industry here in Texas from 1933 to about 1977 and it worked beautifully; it was the longest, most stable period of world oil prices in history. The principles of hydrocarbon conservation got us to where we are today. For some odd reason now nobody in America, including the politicians we hire, can think past next week. Americans save very little, something like 70% of our population does not have 1000 dollars saved. So it is with oil, I suppose. The future is now and all that dookey. Thanks again, mate.
  21. 5 points
    Thanks for your opinions speaking as a former peace officer. I think that there will possibly be bloodshed over magazine size, ammunition purchases and other restrictions in blue states. I was a psychiatric RN MA for twenty years. I dealt with at least one individual who was brought in for evaluation after barricading himself in a house, also with some who had psychiatrists orders to pick up guns. In most cases the orders are reasonable but there is a real possibility of them being abused. We had one woman who holed herself up in her own rural home and refused to give up to the County Sheriff deputies. She held out for a week and had public support. I attended a rally for her at the county courthouse. There were snipers on the roof and I was followed part of the way home by a sheriff until he was sure I wasn't headed for the woman's home. I had my German Shepherd looking dog with me which may have made me stand out. This woman was knowledgeable and was able to be shot with bean bag rounds because she padded her jacket with newspapers. She used vaseline against the CS gas and had water in her tub. All of this because two relatives turned her in. I predict that violence will become common in blue states that persist in infringing on the Second Amendment. Law enforcement will be ordered to enforce unconstitutional or questionable laws. There are far more adamant gun owners than officers of the law. What do you think will happen in the long run?
  22. 5 points
    http://carbonengineering.com/ https://chemistry.harvard.edu/news/artificial-leaf-named-2017-breakthrough-technology http://www.biomass2biooil.com/ Carbon Engineering is a company I've been aware of for some time. The Harvard artificial leaf is really several technologies, a sunlight chip producing hydrogen, the same chip with microorganisms that make isobutanol (a butane-like alcohol), and ammonia (fertilizer). The biomass to biooil site is just one that showed up out of many - this is being done all over the place, including by major refiners. Also read up on 'Jeffries Pine', a pine tree that grows at high altitudes in the western US.
  23. 5 points
    I would upvote those videos over and over. The point wasn't whether Trump is a monster. the point was that people forget that past presidents had similar stances on illegal aliens. That is an important point to make. Beyond that, you can make whatever point you would like about how those philosophies are or were enforced. But we should at least agree that the past two presidents were not happy about illegal aliens flooding our Southern border. (or at least that's what they said publicly). But Trump is often portrayed as a President who wants to enforce immigration laws, like that is somehow a new philosophy. it's not. I don't think Tom said anything about Clinton or Obama being socialists, although their handout-on-the-dole social programs come pretty close. You can absolutely feel free to be a Trump hater. But he is the president, at least for now.
  24. 5 points
    You are probably right. It was announced last night that Trump unexpectedly announced the removal of our troops from Syria in a phone call to Turkey. Apparently the call was made by Trump, with Bolton and the generals to back him up, to Turkey, to tell Turkey not to attack the Kurds near any of our Troop locations in Syria. In response to Trumps statement, Erdogan asked Trump the question: "IF YOU ARE HERE TO STOP ISIS, AND ISIS IS 99% GONE, THEN WHY ARE YOU STILL HERE..? JUST GO HOME AND LEAVE ISIS TO US." It is said that Trump turned and asked his people to answer the question, and they could not come up with another reason for keeping our troops in Syria. So Trump ended the call by telling Erdogan that he will withdraw our troops. Some of the State Dept and Military big wigs do not like the decision, BUT I DO. AND I AM SURE OUR TROOPS IN SYRIA WILL TOO. Personally, i like the fact that Trump can change his mind on things. As for what he will do in April, who knows. But i have confidence he will do the right thing.
  25. 4 points
    I feel exactly the same about you Red but I supply reams of information to back myself up. You provide next to nothing.