GREEN NEW DEAL = BLIZZARD OF LIES

[Boat + 1,324]

21 hours ago, ronwagn said:

Does Biden even know what is in that report? Either way it is more proof that he is doing a bad job.

This may be a surprise to you but the role of the EIA doesn’t change much if Trump or Biden is in office. They track data and report. Most Energy decisions made by the US government take years to take affect. Some longer. Sorry to interrupt your propaganda, carry on.

[Boat + 1,324]

8 hours ago, QuarterCenturyVet said:

No. Crony capitalism isn't a "key component" of the free market. It is a bug; and that bug has been used by government to keep their corporatist donors happy for decades. That needs to end, and both sides are guilty of swindling hard-working productive people, who actually have skills for campaign funds and kickbacks while small businesses get crushed and working class jobs get sent overseas. 

You and Martin Luther have a dream. Capitalism is based on making money off your fellow humans. We invented institutions like colleges to train and hone the skills of our youth. Not to protect the greater good for all but maximize any opportunity to squeeze an extra penny from the consumer. Your one of them damm far left liberals if you think humans and the environment comes before companies. 

[QuarterCenturyVet + 312]

4 minutes ago, Boat said:

You and Martin Luther have a dream. Capitalism is based on making money off your fellow humans. We invented institutions like colleges to train and hone the skills of our youth. Not to protect the greater good for all but maximize any opportunity to squeeze an extra penny from the consumer. Your one of them damm far left liberals if you think humans and the environment comes before companies. 

No, wokester mouth breather, it's based on an exchange between two parties. Prices are supposed to be based on supply and demand.

In your retarded far left liberal world, government is more important than citizens, environment and the economy. 

The same government that games the free market for its corporatism supporting, producing nothing, and ruin the citizen's rights mega-company donors. 

You're too stupid to insult. 

[Boat + 1,324]

22 hours ago, Ecocharger said:

You sure do not bother to read the best posts on this thread, do you?

Here is the official line from Biden & Co. about the future of coal, and it shows coal consumption providing energy at an increasing rate BEYOND 2050! 

https://www.eia.gov/outlooks/ieo/pdf/IEO2021_ReleasePresentation.pdf

 

Biden nor Obama ever shut down a coal mine. The mines that closed were losing money. There were some complaints when acid rain ruined car windshields but it was decided American lungs are tough and who wants to live forever anyhow. Fortunately for you India has decided they have the toughest lungs and the blue in the sky was more irritating. They will burn more coal. 

[Boat + 1,324]

1 minute ago, QuarterCenturyVet said:

No, wokester mouth breather, it's based on an exchange between two parties. Prices are supposed to be based on supply and demand.

In your retarded far left liberal world, government is more important than citizens, environment and the economy. 

The same government that games the free market for its corporatism supporting, producing nothing, and ruin the citizen's rights mega-company donors. 

You're too stupid to insult. 

Since Vietnam the US has jacked up the Fed debt by useless wars and extremely bloated military spending protecting us from goat headers in the Middle East. Citizens United was redneck policy gone bad giving corporations unlimited donor power to politicians with no disclosure. That’s you and your boys at work. What else is y’all’s work? The patriot act. What’s funny is that surveillance you rednecks passed is at work on those rioters. A brilliant bunch for sure.

[Eyes Wide Open + 3,555]

2 hours ago, Boat said:

Biden nor Obama ever shut down a coal mine. The mines that closed were losing money. There were some complaints when acid rain ruined car windshields but it was decided American lungs are tough and who wants to live forever anyhow. Fortunately for you India has decided they have the toughest lungs and the blue in the sky was more irritating. They will burn more coal. 

I might suggest some oxygen therapy prior to illuminating history. Brain fog runs deep in some hostile nations. 

The bill quashes the Office of Surface Mining's Stream Protection Rule, a regulation to protect waterways from coal mining waste that officials finalized in December.

The legislation is the second Trump has signed into law ending an Obama-era environmental regulation. On Tuesday, he signed a Congressional Review Act (CRA) resolution undoing a financial disclosure requirement for energy companies.

Trump signs bill undoing Obama coal mining rule

https://thehill.com/policy/energy-environment/319938-trump-signs-bill-undoing-obama-coal-mining-rule

Edited November 21, 2021 by Eyes Wide Open

[ronwagn + 6,290]

7 hours ago, Boat said:

This may be a surprise to you but the role of the EIA doesn’t change much if Trump or Biden is in office. They track data and report. Most Energy decisions made by the US government take years to take affect. Some longer. Sorry to interrupt your propaganda, carry on.

Trump knew what he was doing and Biden is reversing it with bad policy. "All of the above" beats crony favorites. 

https://www.breitbart.com/politics/2021/11/21/report-hunter-biden-profited-joe-biden-losing-energy-race-communist-china/

[ronwagn + 6,290]

On 11/20/2021 at 6:19 PM, turbguy said:

There are REE mines in the US. 

The US ores get SENT to China for separation/refining.

Crony capitalism and failed government oversite.

https://www.breitbart.com/politics/2021/11/21/report-hunter-biden-profited-joe-biden-losing-energy-race-communist-china/

Edited November 22, 2021 by ronwagn
spelling

[ronwagn + 6,290]

11 hours ago, Boat said:

You and Martin Luther have a dream. Capitalism is based on making money off your fellow humans. We invented institutions like colleges to train and hone the skills of our youth. Not to protect the greater good for all but maximize any opportunity to squeeze an extra penny from the consumer. Your one of them damm far left liberals if you think humans and the environment comes before companies. 

Capitalism is earning money by serving the public with your products and services in ethical exchanges with neither side taking advantage of the other. Evil people will do evil in any system if they are allowed to do it without exposure and repercussions. Mao, Stalin, Castro etc. etc. have shown how socialism AKA communism harms and kills millions. 

[Rob Plant + 2,756]

16 hours ago, Boat said:

goat headers

That sounds painful!

[Ecocharger + 1,474]

The people who voted for Biden & Co. are now paying a heavy price for their support, especially in California where the Green Brigadiers are forced to pay through the nose to fill their SUVs. The political reaction has already been set in motion.

https://oilprice.com/Energy/Oil-Prices/Americans-Blame-High-Gas-Prices-For-Bad-Economy.html

"In October, U.S. gas prices were 50 percent higher than they were in October 2020 amid rising inflation and rallying oil prices. In California, which tends to have the most expensive gasoline in the country, the price for a gallon of regular unleaded gasoline hit $6 last month. The national average was $3.38 per gallon, according to NBC News.

The price trends in gasoline have worried the White House enough for the president to repeatedly call on OPEC to boost production more quickly and to threaten it with as of yet unspecified consequences when the cartel refused to heed the request."

Edited November 22, 2021 by Ecocharger

[Ecocharger + 1,474]

Biden & Co. made some empty attempts to coordinate the release of world strategic reserves, a move which would have had no significant impact on oil prices. But now they have been warned in return that OPEC can counteract that game.

https://oilprice.com/Energy/Energy-General/OPEC-Vows-To-Respond-If-Countries-Tap-Their-Oil-Reserves.html

"OPEC+ has issued a grave warning to Japan, the United States, China, India, and South Korea: unleash millions of barrels of oil from your emergency stockpiles, and we are likely to respond."

Edited November 23, 2021 by Ecocharger

[Ecocharger + 1,474]

All the bluff about strategic oil reserves being released by desperate governments is turning out to be nothing but hot air. The proposal itself is merely an adjustment in the complex of inventory levels, the release of strategic reserves would in turn  provide a demand for oil to replace the reserves.

https://www.argusmedia.com/en/news/2276096-goldman-sachs-says-november-oil-price-fall-excessive

""Net, low liquidity has left the oil market pricing a record large SPR stock release, aggressive lockdowns in Europe and a sharp slowdown in Chinese growth," Goldman Sachs said. "We therefore view the move as excessive, especially as the oil market remains in a large deficit, and reiterate our $85/bl 4Q21 average forecast."

The bank said inventory data point to an imbalance in supply and demand of around 2mn b/d over the last four weeks. "This magnitude of deficit is in fact on its own sufficient to absorb the current perceived headwinds to the oil bull thesis, with lower prices in fact reducing the odds of a strategic release," it said."

Edited November 23, 2021 by Ecocharger

[turbguy + 1,544]

4 hours ago, Ecocharger said:

Biden & Co. made some empty attempts to coordinate the release of world strategic reserves, a move which would have had no significant impact on oil prices. But now they have been warned in return that OPEC can counteract that game.

https://oilprice.com/Energy/Energy-General/OPEC-Vows-To-Respond-If-Countries-Tap-Their-Oil-Reserves.html

"OPEC+ has issued a grave warning to Japan, the United States, China, India, and South Korea: unleash millions of barrels of oil from your emergency stockpiles, and we are likely to respond."

Whatever "everyone" is doing, it appears to have the effect desired.

[Jay McKinsey + 1,490]

5 hours ago, Ecocharger said:

Biden & Co. made some empty attempts to coordinate the release of world strategic reserves, a move which would have had no significant impact on oil prices. But now they have been warned in return that OPEC can counteract that game.

https://oilprice.com/Energy/Energy-General/OPEC-Vows-To-Respond-If-Countries-Tap-Their-Oil-Reserves.html

"OPEC+ has issued a grave warning to Japan, the United States, China, India, and South Korea: unleash millions of barrels of oil from your emergency stockpiles, and we are likely to respond."

If it wouldn't have a significant impact on oil prices then OPEC+ would have no need for grave warnings. You do babble illogical BS with aplomb.

[QuarterCenturyVet + 312]

2 hours ago, Jay McKinsey said:

If it wouldn't have a significant impact on oil prices then OPEC+ would have no need for grave warnings. You do babble illogical BS with aplomb.

Such a witty retort. 🙄

No comment on section 6 then? 

https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/20/executive-order-protecting-public-health-and-environment-and-restoring-science-to-tackle-climate-crisis/

Yeah, you are the idiot. 

[Jay McKinsey + 1,490]

15 hours ago, QuarterCenturyVet said:

Such a witty retort. 🙄

No comment on section 6 then? 

https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/20/executive-order-protecting-public-health-and-environment-and-restoring-science-to-tackle-climate-crisis/

Yeah, you are the idiot. 

Comment is easy, the XL pipeline is irrelevant to ecocharger's dumb illogical claim. You express your idiocy with such ease.

[QuarterCenturyVet + 312]

1 hour ago, Jay McKinsey said:

Comment is easy, the XL pipeline is irrelevant to ecocharger's dumb illogical claim. You express your idiocy with such ease.

No, you donkey, you asked for evidence that government is retarding O&G investment. The executive order is exactly that. 

You need a palm strike to the forehead, you idiot. 

[Jay McKinsey + 1,490]

43 minutes ago, QuarterCenturyVet said:

No, you donkey, you asked for evidence that government is retarding O&G investment. The executive order is exactly that. 

You need a palm strike to the forehead, you idiot. 

No, that was a different thread of conversation. But even there I did not ask for evidence of retarding investment, I asked for evidence of regulation denying your right to invest in fossil fuels.  Do you not understand the difference? 

You claim that investment in renewables will fail that means that your completely legal investments in fossil fuels will make you rich.

 

Edited November 24, 2021 by Jay McKinsey

[QuarterCenturyVet + 312]

54 minutes ago, Jay McKinsey said:

No, that was a different thread of conversation. But even there I did not ask for evidence of retarding investment, I asked for evidence of regulation denying your right to invest in fossil fuels.  Do you not understand the difference? 

You claim that investment in renewables will fail that means that your completely legal investments in fossil fuels will make you rich.

 

You never replied to my response anyway.

I never made any such claims on renewables vs O&G. Renewables like wind wind solar will be perpetually intermittent and batteries will only provide physically limited mitigation to that fact. Energy density matters. 

You claimed it was "free market" investment choices. An executive order ending exploration leases and cancellation of permits is government regulation that retards investment. 

You can be pedantic about it. It doesn't change the end result that less and less investment is possible due to government regulation, you donkey. 

Edited November 24, 2021 by QuarterCenturyVet
Rogue letter inserted

[Ecocharger + 1,474]

Well, the lion roared, and sounded like a mouse. Biden & Co. let off a fireworks of SPR release, and nothing happened.

https://oilprice.com/Energy/Energy-General/Bidens-Bid-To-Lower-Oil-Prices-Fails.html

"The White House has finally walked the talk and announced the release of 50 million barrels from the US SPR, backed up by a series of agreements with key Asian crude importers who, in turn, would also release strategic inventories to tame outright crude prices. India already stated it would release 5 million barrels, South Korea and Japan are expected to come up with their numbers over the course of this week. Whilst cognizant that such bold moves might trigger OPEC+ to produce even less crude, the White House failed to trigger the expected immediate effect. In fact, the crude price surged upon hearing the news - primarily because of the loan nature of the SPR release and the potential of an OPEC+ backlash - with ICE Brent comfortably back above the $80 per barrel mark and WTI trading around $78 per barrel. "

Edited November 24, 2021 by Ecocharger

[Ecocharger + 1,474]

22 hours ago, Jay McKinsey said:

If it wouldn't have a significant impact on oil prices then OPEC+ would have no need for grave warnings. You do babble illogical BS with aplomb.

The major actors here are attempting to "talk" the market around to their own point of view. Nothing new about that. Not sure what your point is here, Jay.

Edited November 24, 2021 by Ecocharger

[Ecocharger + 1,474]

3 hours ago, Jay McKinsey said:

Comment is easy, the XL pipeline is irrelevant to ecocharger's dumb illogical claim. You express your idiocy with such ease.

You are attempting to deflect attention from the point, Jay....what is your response to section 6?

[Ecocharger + 1,474]

Here is what will continue to put upward pressure on oil prices and gasoline prices, an ongoing problem for Biden & Co.

https://oilprice.com/Energy/Energy-General/The-Oil-And-Gas-Industry-Is-Facing-A-33-Trillion-Stranded-Asset-Nightmare.html 

"Carbon prices and additional regulations to limit carbon emissions could make a greater number of fossil fuel assets—especially coal—unprofitable as governments, especially in developed nations, press for net-zero emission economies by 2050. 

Businesses are waiting for details on carbon markets and carbon emission rules and, potentially, carbon taxes, before re-evaluating their assets, analysts tell The Wall Street Journal. 

"Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry's economics," WoodMac analysts said earlier this year. 

With carbon taxes and prices, more reserves and operations of energy companies, not only in the upstream sector, could be left as "stranded assets." "

Edited November 24, 2021 by Ecocharger

[Ecocharger + 1,474]

The pipeline cancellation policies of Biden & Co. have now landed in a court of law.

https://oilprice.com/Latest-Energy-News/World-News/Keystone-XL-Developer-Seeks-15-Billion-In-Compensation.html

"The pipeline was supposed to carry some 800,000 bpd of Canadian heavy crude to U.S. refineries. As proponents of the project have noted repeatedly, the demand for these Canadian barrels did not die with Keystone XL. Canadian exports of heavy crude to the U.S. have remained high; only the means of transporting them have changed from pipelines to oil trains.

“The U.S. decision to revoke the permit was unfair and inequitable,” TC Energy said in its filing, noting that the United States had put Keystone XL on a 13-year “regulatory rollercoaster”.

The company booked a loss of $1.8 billion in the first quarter of this year on impairment charges related to the canceled project. The government of Alberta also suffered losses—as of February last year, it had invested $1.2 billion in Keystone XL.

“We’re not doing this for symbolic or political purposes. This is a business decision,” TC Energy vice president for liquids pipelines Richard Prior told Bloomberg in an interview. “We had all the permits and requirements in place to start construction on the line, and did so, and we worked with federal and state regulators in both countries for a very long period of time. This is just about recovering that destroyed value of investment.”"

Edited November 24, 2021 by Ecocharger