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Forget Russia, European energy security begins at home It's refreshing to see a sane argument in an overwhelmingly insane environment, so I thought I'd share.

JJ - this is old news buddy... i have a VPS running 24/7 with trade copier EA running various strategies on all sorts of things in different accounts. How about you send me your signal and ill test it on my demo account. If after 1 month its in profit - ill have confidence in the quality of your signal and ill start trading it in my real account at which time ill happily pay you 10% of the profits it generates. Hows that mate ? Real money in your pocket. What have you got to loose? Put your money where your mouth is - I AM. What say you?

Off course they will lose. There could be no winner in such a war.

It's 4:30 am here, just waking up. This thread seems to have turned into a train wreck. Freezing this thread for now, until people can settle down.

This is a good article which may help: https://oilprice.com/Energy/Gas-Prices/Natural-Gas-Prices-Soar-To-9-Year-Highs-As-Cold-Forecast-Bites.html

Awe now it all makes sense, JJ had been a shill this entire time and is trying to get people to sign up for his service. Don't believe this Snake Oil salesmen, people literally do this all the time, claiming they have a guarantee money maker that you can be a part of too for 20 easy payments of 19.99 a month! My question to these people always are, if you have a system that ALWAYS makes money, why do you feel the need to sell your services? Surely you are making SOOOOOO much money that collecting subscriptions would be mere pennies in comparison? And if it's out of the goodness of your heart why you are doing this, why not just give it out for free?

Russian state-news agency, Interfax, reports the latest headlines on oil markets, citing that Russia slashed output in the first two week of November to 11.38 million barrels per day. Also in my news feed - OPEC talking about production cut of 1.4M bpd... Finally we got a green daily candle, albeit a very short one... Charts are showing a very flat, non volatile trade over the last 36hours... slowly inching higher but nothing to write home about... could be another calm before NY session storm Anyone notice LNG went thru the roof? should have been watching that instead of oil... went absolutely bananas, heres the 4H; probably a great short opportunity but this is an unfamiliar market to me so i havnt done anything...

Literally, no less. I'm having a field day with European political news today.

Additional gas pipeline infrastructure in the EU is a good thing.

Up 15k for the night. I Didnt even wait for thr perfect long because i have a "special edge" and it straight up as a rocket. I wasn't even awake. When I went to sleep i was 420 ( blazzing it up) now 15k. I mean, I Dont even know what the hell I went long on! It was the first instrument I saw. Thats how powerful my special edge is.

WTI heading to $60, I have my reasons.

Heh heh ... shhhhhh, William, you are being logical and clear-headed again ... I'm hoping for $70 Brent next year. Yes, I know that is above my long-hoped-for average around $50 from 2015 to almost 2017, but I tend to think that oil companies really need to make sufficiently large profits in 2019 to plow full steam ahead in playing catch-up on long overdue new exploration, to compensate for declining oil fields. God only knows how much long-term damage KSA inflicted on their aging oil fields by pumping at maximum overdrive earlier this year. Spare capacity is getting leaner these days.

following up this from yesterday... wish i took that short on LNG

10 million barrel build and reuters article saying Russia will avoid cuts. Talk about bullish! Edit: I'm having flash backs to wen we jumped to $76 after an 8 million barrel build, bulls have a death wish!

You overlook that I have been roundly chastised and dramatically reproved by the Angry Moderator. That is assuredly enough to remain fully chastised, and so chastened, remain meekly in the shadows. Cheers.

This happens every week, bulls pump it just before the report followed by a crash to lower lows. If we see another big build, I don't see what bulls have to work with. I bet it will touch 57.15- 57.25 before the sell off

Fair enough. Nothing wrong with any of that. I remember the foot problem now, back when you first dipped your toe in around here, if you'll pardon the pun. And arguably you have had a positive effect bringing issues and perspectives we were not getting prior. Cheers!

According to WHO, 7,000,000 are dying prematurely every year - and billions of people’s lives are being diminished - due to air pollution caused by burning fossil fuels. Clean air is a human right.

Indirectly, climate change today: at least 56 killed, 130 missing in California wildfire.

That is only partly true. If - big if - the country paying out those subsidies also collects tariffs on other goods, and if - big If - the tariffs are n effect taken from the exporting offshore entity, simply because world market pricing prevents shovelling that sum onto the wallets of the domestic Buyers, then the funds collected from the tariffs can be directed to the subsidy payments to the farmers. Here, the Chinese attempt to export to the USA, but are faced with a tariff wall. In order to maintain their market share, they have to eat the tariff, by lowering the pricing. Thus the collected tariffs allow the US Treasury to use Chinese money to pay the subsidies to the soybean farmers. That is an unusual set of circumstances, but I anticipate that that was part of the planning in Washington.

For a number of reasons. One would be I like to get the full picture of whats going on in the world, it's hard to have a balanced view just by surrounding yourself in what comforts you. And it also works the other way around, I think it dangerous for people to not see the other view point, not having their view challenged. When I see some of the things bounced a round here as facts its dam scary. When we reach peak oil demand it's going to change the world in so many ways and we are frankly totally unprepared. I also find it interesting in a more psychological way seeing how people react in a changing world that seems to scare them so much they completely ignore a massive part of reality. Also I had a hole in my foot which has taken sometime to heal so had time on my hands, don't worry it's getting better so will be spending less time here.

In truth though - I do not know about about soybean processing to say whether it would be an immediate fix. It was more to illustrate if Venezuela were freed then they would be obvious candidate for a new export market. China gets it doubly - they loose a "colony" and they their tariffs against US agriculture won't work. #freemarket # capitalism

Why do you hang around an oil and gas website? Just asking.....

Yes.

I know - but he doesnt have to. All he has to do is PROVE HIS CREDIBILITY via 1 month on a demo account. If his magic system works - ill happily pay for it. Until then - noone in their right mind would allow someone with zero credibility to trade their real money. So basically im saying - prove it or go blow your horn elsewhere because WE DONT BUY THIS NONSENSE...

He doesn't have money to put anywhere

I honestly don't think I'll live to see TAP in operation. It's like that nuclear fusion reactor, almost there but not quite.

California is just heading the same direction as the rest of the world. The real craziness is the direction the rest of the US is heading.

There is a growing gas infrastructure overcapacity in Europe. In 2015 the gas pipelines were operating at 60% capacity and LNG import terminals were used at 19% of their capacity. Since then new pipelines are being built (Nord Stream 2, TAP/TANAP) and additional LNG terminals are projected (Croatian Krk LNG terminal). As the capacity growth is higher than the gas demand the overcapacity will just increase and this will generate a ferocious competition between the gas providers with the less competitive infrastructures (probably the LNG terminals) ending as costly stranded assets. The European gas infrastructure is increasingly interconnected. Take for instance the Transitgas pipeline. This pipeline initialy buit in 1974 to provide gas from the North Sea to Switzerland was extended in 2003 to Italy through a dedicated tunnel crossing the Alps. This extension was built initially to provide North Sea gas to Italy. But now with the Southern Corridor pipeline (TAP/TANAP) being built to provide gas from Azerbaidjan to Italy and the fading North Sea gas reserves the continental perspective has changed. Investments have been made to transform the Transitgas pipeline in a bidirectional system and since October this year the pipeline can be operated both ways. Switching to the south-north mode could allow to provide to the Swiss, French and German markets Azerbaidjan gas from the Caspian Sea flowing through Georgia, Turkey, Greece, Albania and Italy. This will further reduce those markets dependence from Russian gas and increase competition with probably a lowering effect on gas prices.

It could not happen as long as Maduro is in power, of course. I was just trying to illustrate that if a plan suggested on this forum was followed then some good things could be accomplished. American farmers would have new market. The Venezuelan people would not starve. The US would stick it to China in more ways than one. win-win-win.

There are many innovative plastic alternatives being developed for packaging : - Plant-based plastics - Mushroom root - Bagasse - Seaweed water bubbles - Shower-friendly paper - Stone paper and plastic - Palm leaves - Corn starch and sorghum loose fill - Edible six-pack ring - Silberboard – metallised paper - Wood pulp cellophane - Prawn shell plastic bags - Milk plastic For more details check this link : https://www.innovationexcellence.com/blog/2018/07/02/13-plastic-packaging-alternatives/

On a lighter note, do you actually realise what a feat of courage and hard work this is? You were born with it but let me tell you, Danish for non-native speakers is so hard I'm increasingly thinking I'd need surgical intervention to be able to speak it. I've no migration plans, I just love this language, so I'm struggling on. On a serious note, I'm with you on that: most people are not radicals and yes, poverty breeds radicalism as noted by Noam Chomsky and George Clooney in Syriana. But it's precisely these radicals that mess up all that's good about migration in terms of workforce and, I don't know, cultural diversity, I guess. On a further serious note, this failure of existing immigration policies has reached Sweden, I just found out yesterday. They have been unable to form a government since September because a nationalist party (a nationalist party in Sweden!) got too many votes, if we are to believe Bloomberg. It boggles the mind how Europe allowed this. On a last serious note, the UK has gone way too far: it refused asylum to the Pakistani Christian woman who was acquitted in a trial there. Downing Street was worried it would make some groups unhappy. We can all guess what kind of groups these are. I am deeply appalled at this idiotic tolerance to radicalism at the expense of all other groups. Of all things to be tolerant towards, they pick radicals! Stunning.

Oh looky what I found ^ one of my old comments from back in May. Don't say I didn't repeatedly warn about this scenario... $80 oil is simply not sustainable long term. $100 oil will crash. Iran fears overblown. Traders greedy. Oil Prices Bookended for Rest of This Year? Maybe $50 to $80? (My old 'See Saw' theory redux) Goldman Sachs says Oil is Rainbows & Unicorns & Bulls, Oh Boy! So about my ad nauseum comments hoping for $65 oil this year... Halliburton says $60 to $70 is Comfortable BP sees oil falling to between $50 and $65 Oil Prices are Starting to Rise Too High Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries? So about that psychological oil price ceiling of $80 ... Trump's Twitter sledgehammer is right on cue, again I could go on and on and on, but I think I already made my views abundantly clear.

The European Union will respond with countermeasures if the United States imposes tariffs on its cars, the bloc’s trade commissioner told Germany’s Die Zeit weekly on Wednesday. “Then we will hit back, we can very quickly put together a long list of countermeasures that conform to World Trade Organisation rules,” Cecilia Malmstrom told the paper, adding the list could include cars, farming products and machinery. Meanwhile, German Economy Minister Peter Altmaier pledged to shield his country’s auto industry from a trade war with the U.S. amid signs that President Donald Trump will hold off for now on car tariffs. “We don’t know what decision the president will take but we will do everything to avoid an escalation,” Altmaier said Wednesday in a speech in Berlin. A Commerce Department probe into whether to slap levies on cars, vans and light trucks as well as car parts will be concluded soon, and talks between the U.S. and the European Union are in a “decisive phase,” he said.

Electric and Hydrogen Vehicles - the crucial difference between a Media Interview and a Presentation? pt.1 "The West's rush for EV's lacks perspective. The main forces pushing the EV industry are rarely mentioned, nor is the 'elephant in the room' ". This is a good clear start to a Presentation but terrible for a Media interview. There might not be time to add the details. The Presentation continues ... "The two main forces are: the guilt-agenda of green lobbying power on governments and industry; and resulting government initiatives pushing EV's in a bid to signal green credentials and garner votes. The 'elephant' is about how all the massive extra amount of required electricity will be produced - certainly it won't be by renewables, which represent, even now, only a tiny percentage of world energy production. Natural Gas and LNG are currently abundant, relatively clean, excellent sources of electricity generation and fuel for vehicles. China despite its lip service to Greenery is currently building coal-fired power stations. Germany is unwinding its Green leadership and exploiting coal again to reduce domestic and industrial costs." How would the Media Interview best be started? See the Presentation's conclusion in part 2. Contact: rogercrisp@gmx.co.uk / rogercrisp.com Speaker & Conference Presenter on Energy - Climate Change / Media Interview Advisor & Trainer

So I guess companies like Toyota and others LEAVING Cali for places like, Texas, is one such example of the California leadership we should all take note of........

No point in using logic or rationale to try and explain away a perfectly well established emotional argument!

Molecular binding compounds have been developed that allow incompatible plastics to be re-extruded together to form new resin. That material can in turn be extruded into solid compounds, chief among which is plastic lumber, which is great stuff for marine uses such as pier walkway planking and outdoor decking, such as boardwalks and home outdoor decks. The decking material uses up large volumes of material, is quite sturdy, and unaffected by salt water, boring worms, and splintering. The issue of sealing foodstuffs is a function of slowing down the rate of reproduction of bacteria present in the food. If the foodstuffs are irradiated, by placing in a radiation chamber for a brief time, then the bacteria are killed off and the material will last without refrigeration, until it is re-infected with fresh bacteria. For example, irradiating milk allows it to be stored for over 90 days without refrigeration. Meats can have a shelf life of a year. The refusal to irradiate foods is irrational; like so much in society, it is the anxiety-driven mental cases that scream about any new technological development that paralyze rational technical development. I despair that society will ever do better.

My advice to US farmer producers- you better have 100% of your unsold soybeans protected with a put option strategy. More downside potential margin loss than upside potential gain.

Exactly! Who needs reality when you can make money just the same lol

“I’ve been to China 25 times in the last decade talking about the dependability of U.S. soybeans,” said Kirk Leeds, the chief executive of the Iowa Soybean Association. By undermining that reputation, he said, “we have done long-term damage to the industry.” I don't see a good sign for US farmers. For now....

The administration says it will give soybean farmers $3.6 billion to make up for the shortfall. That is less than half of the total loss due to tariffs.

Commercial activities help people to cooperate with each other to establish a peaceful community for all and a good obstacle to avoid war among communities.

Another impact of a CO2 increase is ocean acidification. Sea surface pH has decreased from 8.25 to 8.14 since the Industrial Revolution. This doesn’t sound like much, but the pH scale is not linear – it is logarithmic. So this seemingly tiny change in pH actually translates to a 30% increase in H+ ions in our seas. We call this phenomenon ocean acidification. Biologists are very worried about the effect this will have on marine life. The problem is that a vast number of marine organisms build their skeletons and shells from calcium carbonate. But calcium carbonate dissolves in acidic solutions! Many researchers have showed that when these organisms are exposed to high levels of CO2, they cannot build their shells/skeletons properly. http://moocs.southampton.ac.uk/oceans/2016/10/19/sour-seas-how-does-carbon-dioxide-affect-our-oceans/

Most people I have met around the world want the same thing - make a little money and give their families a better life. Yes, there are radicals - the always will. My point is just that poverty (also comparative poverty within a society) is a petri-dish for radicalism. Back in 1969 Elvis said it like this: People, don't you understandThe child needs a helping handOr he'll grow to be an angry young man some day?Take a look at you and meAre we too blind to seeDo we simply turn our heads, and look the other way? So, Elvis was talking about crime, but the principle is the same. Does this + my other example explain it? to be clear - I believe radicalism of any kind has no place in society.

~60% of fuel cost for the consumer in the EU is taxes. It's a way of actively discouraging driving, owning a vehicle, as well as pumping the funds into the government's coffers. In 2016 when oil was low, the petrol tax was ramped up to over 70% the cost of petrol. It appears that mismanaged and abusive tax schemes from corrupt governments is harsher on consumers than OPEC's practices.

Remember supply and demand? Try lowering the price of gasoline.

I like tropical weather and hate ice and snow. My wife is Chinese Malaysian. We lived in New York City for almost a decade. Then 6 weeks after 9/11 we moved to Malaysia, as NYC had turned into a total basket case.