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Showing content with the highest reputation on 12/22/2024 in all areas

  1. 1 point
    True, you can produce electricity via other means that using coal. Even rubbing a balloon against wool works for that. HOWEVER... At present, the world cannot produce sufficient electric power to satisfy demand without using coal, even in the USA. That's the current reality. Electric power is perhaps the most addictive "stuff" I can think of. The withdrawal symptoms are really severe.
  2. 1 point
    yes President Musk will just "reform government" so that all potential competitors of Tesla die off.
  3. 1 point
    all hail to President Musk, our unelected oligarch who Trump sold his office to
  4. 1 point
    The radical climate agitators in California persist in getting it wrong. Here is more nonsense from the misguided liberal intelligentsia. https://oilprice.com/Energy/Gas-Prices/Debunking-the-Myth-of-Oil-Refiner-Price-Gouging-in-California.html "California's high gasoline prices are primarily driven by state taxes and fees, not excessive profits by oil refiners. Data from the California Energy Commission reveals that oil refiners often operate on razor-thin or even negative profit margins. Policymakers should focus on reforming California's tax and regulatory structure to address high gas prices instead of targeting oil companies." "Since California began reporting net margins in June 2023, the data paints a very different picture than that promoted by supporters of anti-gouging measures. Over the past 11 months that have been reported, refiners posted a positive net margin in only six months. The average net profit margin from June 2023 to April 2024 was just $0.09 per gallon — hardly the excessive profits that critics claim." "Californians pay roughly $1.40 per gallon in taxes and fees — the highest in the nation. Here’s the breakdown: State Excise Tax: 57.9 cents per gallon (as of July 2024) Federal Excise Tax: 18.4 cents per gallon Cap-and-Trade Program: 23 cents per gallon Low-Carbon Fuel Standard (LCFS): 18 cents per gallon Underground Storage Tank Fee: 2 cents per gallon Sales Tax: ~3.7% of the retail price These taxes and regulatory fees combined with California’s stringent fuel standards — which mandate unique summer and winter gasoline blends — drive up prices far more than the refiners’ net margins."