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The EV industry is now stumbling into massive failure, with sales plummeting and even the resale values of EVs falling off a cliff. We are entering an apocalyptic reckoning for these ill-conceived and unnecessary schemes. https://oilprice.com/Energy/Energy-General/Automotive-Industry-Grapples-with-Plummeting-Resale-Values-of-EVs.html "...the automotive industry, previously buoyed by supply chain disruptions driving up prices, is now grappling with challenges stemming from plummeting resale values of electric vehicles." "Diminished resale values pose a particular challenge for car manufacturers like VW, heavily involved in customer financing. When used car prices fall below expectations, companies are compelled to take write-downs on these loans."

EWO is a bit challenged when it comes to reading and grammar .............

The title is "They pay YOU to TAKE Natural Gas" It clearly says you.

I look at my gas bill, and see a charge for the amount of NG I used. An Energy charge. ...AND, I am still paying a couple bucks a month to payoff some Wall Street firm that took advantage of the the NG supply issue from the Texas Freeze a couple years ago. Even though my gas supply isn't from Texas. ...and I will be paying that "payoff" for years. Free? My ass. Feel free to share a residential gas bill that indicates a zero or negative amount for energy. Until I see such evidence, Natural Gas is not free.

Advances in battery recycling related to EVs... https://finance.yahoo.com/news/battery-recycling-shatters-myth-electric-150004604.html

solar keep decreasing, the 5 cents per Watt barrier has now been breached on a ongoing basis on all cell types. Is 4 cents per Watt achievable???? The answer in the future is yes with Tandem /bi facial cells. The only question is when the 4 cent per Watt barrier is going to be breached.........2024???? maybe 2025 most likely battery prices cut in half in 2024 Coal is doomed..... Will $2 nat gas be competitive for power generation????. Does $2 nat gas make economic sense for Nat Gas only wells....It appears that only for Oil producers that have Nat Gas as a byproduct will prices of less than $2 will be a money maker........ pv magazine International Accelerated declines in solar cell prices since late March In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends. . 4 hours ago FOB China prices for both mono PERC M10 and TOPCon M10 cells extended declines this week, assessed at $0.0417/W and $0.0494/W, respectively, marking a decrease of 5.01% and 4.45% from the previous week. FOB China prices for mono PERC G12 have steadied this week, holding at $0.0448/W. This stability can be attributed to the recent initiation of several ground-mounted solar projects in China, which has spurred demand for this cell type. The constrained production capacity for these cells has led to intermittent supply tightness. In the Chinese domestic market, mono PERC M10 cells were priced at around CNY0.335($0.046)/W, while TOPCon M10 cells stood at approximately CNY0.397/W, as per the OPIS market survey. According to a major TOPCon cell producer, the current price trend of cells is closely mirroring the price trend of wafers.

I wonder if a brand new EV for $10K will trigger "E-car Sales Collapse" just as Mark Lawson predicted when he started this thread? Ahh the joys of technology, innovation and good old fashioned competition. Mark I think you forgot all 3 of these.

I'm still waiting to see evidence of that cheque someone has received from their NG supplier, who has supplied them with this free NG. Again the title of this thread started by the class 🤡 was this:- They pay YOU to TAKE Natural Gas I wonder if Footinmouth is using his payments from his NG company to build his many tunnels? Hmmm?

But of course... supply chain's,low end cost utilization endless supply..Norway comes to mind..

Does that activity sound profitable to you?

Do you know nothing of the oil industry? Oh right, we have read a couple of your posts... you do know nothing. Oil comes up with a thing called NGL's. Natural Gas Liquids, which encompass things like Ethane, Gasoline, Propane... all of which are worth quite a bit of money. NGL's are the basis for plastic industry ~by and large. Pumping all that NG back down costs $$$ so paying someone else to take it away via pipe costs less money if you are not allowed to flare it. Even if someone makes a battery chemistry which is superior to Lithium, eliminating gasoline/diesel from transportation, we will still be pumping NG for all those NGL's for plastics.

You could get off your lazy ass and look it up yourself. <<Shoccckk and HORROR>> People have posted it multiple times. USA has so much NG they stopped counting after 2015 time period. The Haynesville alone has 200 years of USA NG consumption(100Bcf/d) and had 100 years of NG consumption before counting the advances in shale fracking. Here is the 1990's Haynesville assessment: https://pubs.usgs.gov/fs/2017/3016/fs20173016.pdf With advances in recovery due to Fracking it is several times higher now. In case you can't do the simple google search, it is NOT tied to the Permian basins or other Texas fields which is providing near all of the NG currently forcing NG prices into the NEGATIVE over the last couple months in Texas. Marcellus/Utica NG fields have at least 10X more than the Haynesville. USGS quit tabulating it nearly a decade ago. New York Banned exploration, new pipe networks etc so how far north it goes... Unknown, but Ohio, Pennsylvania, W. Virginia, Kentucky, and more than likely Tennessee as well. NG is flooding out of Bakken ND with no end in sight and the stated "reserves" are conventional and low, but if you add Fracking, the reserves are at this point effectively infinite as no one knows due to the economic concerns for tabulating "reserves" are transport, though they are currently capturing ~90+++% of the NG now and actively creating giant NG storage fields due to ever increasing recovery ratio's. NG currently sends ~1Trillioncf/year only limited by pipeline capacity. How much is there? No one knows. Other than it is a by product of oil and no one is looking for NG. It extends fully under Montana into VERY rugged territory where not even roads for the most part exist and only a rare few wells have been drilled in the South Eastern portion of the state. NG was found, but no oil and the entire blocks were written off. Once the Marcellus/Utica NG fields/ were realized, the gargantuan NG fields under pretty much the entire state of Michigan ceased operations(Edit: not quite true). How much is there? No one knows other than it exists and have been slowly using it for several decades. In short, the ENTIRETY of the Eastern USA has NG under it is the short answer. Volcanic West... not so much though Utah is increasing NG exploration and hitting NG pretty much everywhere. North Slope of Alaska, like North slope of Russia has vastly more. So much more it is inconceivable. USA literally has THOUSANDS of years of NG even if ALL industry and transportation switched to NG and there was nothing other than NG. There is a reason Ron wants NG vehicles etc. It is a rational product for EVERYTHING and EVERYONE.

I assume you cannot provide any evidence. Seems like nobody else here is providing any evidence, either.

some would call these cars at these insanely low prices a trade war.......I would call it a war on ICE Vehicles and the low cost cars always wins....regardless of what is the fuel.....fossil or electricity Remember the 60's 70's and 80's with cheap German and Japanese imports??????...truly a game changer in the auto business that doomed oversized overweight overpowered poor quality clunkers for the cost conscious consumer...a no brainer.... Clunkers are doomed

The question would be why bother? There is no value to hyperbolic endless possibilities of Green Energy. The US has a 200 yr supply of LNG. Had we spent assets towards Gas generation in lieu of windmills one could only imagine where the US could be now. This entire Green Debalce will soon be described as " Pissin In The Wind" and of course there will be many plays on that ole cliche

"I wonder if Footinmouth is using his payments from his NG company to build his many tunnels? Hmmm?" ?????? his plan is a tunnel rats dream come true.......

Read the quoted text. They spent money on exploration and drilling in rough terrain then harvested nothing. "It extends fully under Montana into VERY rugged territory where not even roads for the most part exist and only a rare few wells have been drilled in the South Eastern portion of the state. NG was found, but no oil and the entire blocks were written off." As for your triggered meme contribution, I use far fewer insults or excessive capitalizations than many others here. If you compare my posts to foots you should notice the difference in decorum.

Here we go again..Triggered syndrome.

The fraction of petroleum used for plastics of overblown. The vast majority of fossil fuels are burnt for energy, not used as chemical feed-stocks. You can also make plastic from other sources that require no oil. You can keep pretending that the devaluation of natural gas doesn't matter all you want. You noted yourself that the excess NG reduces profitability of the industry ("paying someone to take it away"). You are uncouth and never provide any real information supporting your claims.

Ron is far from rational. Nobody is really questioning natural gas reserves. The thread is about negative natural gas prices. What company wants to keep producing such a low value product? You say the value is less than zero. They can't throw it away by flaring as much anymore and they are cracking down on leaks / venting.