notsonice + 1,211 DM November 20, 2021 2 minutes ago, Ecocharger said: Look at the long term effects of investment rules. Restricted supply will happen. which to believe? your BS babble vs reality in the futures markets? hmmmmmmmmm Quote Share this post Link to post Share on other sites
notsonice + 1,211 DM November 20, 2021 5 minutes ago, Ecocharger said: I have worked with a lot of slimes and exchanged many posts with half-asleep wokes. I try to avoid doing so. more bs babble. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 20, 2021 Just now, notsonice said: which to believe? your BS babble vs reality in the futures markets? hmmmmmmmmm You mean that nonsense being touted by the investment sector about clean energy? Yes, that is worthless babble. Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 20, 2021 (edited) 49 minutes ago, notsonice said: What are your estimates for 2030? generic statements are not estimates 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 Edited November 20, 2021 by Ecocharger 1 Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 20, 2021 53 minutes ago, notsonice said: What are your estimates for 2030? generic statements are not estimates I would say no improvement worldwide. How is that for you. Quote Share this post Link to post Share on other sites
notsonice + 1,211 DM November 20, 2021 Peak Oil????? notice the dec 2024 contract is at $68 ....$10 less than today. CONTRACT LAST TIME(GMT) % CHANGE VOLUME JAN22 78.660 11/19/2021 10:59 PM -0.292 476557 INTRADAY 3 MONTHS 1 YEAR 2 YEARS LAST UPDATE TIME: 11-20-2021 6:59 PM GMT 7 PM9 PM11 PM1 AM3 AM5 AM7 AM9 AM11 AM1 PM3 PM77787980818283 CONTRACT LAST TIME(GMT) % CHANGE VOLUME FEB22 78.080 11/19/2021 10:57 PM -0.051 369107 MAR22 77.130 11/19/2021 10:41 PM -0.310 206497 APR22 76.450 11/19/2021 9:55 PM -0.365 80424 MAY22 75.860 11/19/2021 9:59 PM -0.368 44735 JUN22 75.650 11/19/2021 10:57 PM 0.079 106338 JUL22 74.780 11/19/2021 9:55 PM -0.333 17174 AUG22 74.290 11/19/2021 9:55 PM -0.309 11126 SEP22 73.740 11/19/2021 9:49 PM -0.405 18431 OCT22 73.990 11/19/2021 3:51 PM 0.585 3257 NOV22 74.230 11/19/2021 2:20 PM 1.490 3154 DEC22 72.550 11/19/2021 9:55 PM -0.275 61619 JAN23 0.000 1757 FEB23 0.000 1857 MAR23 0.000 2138 APR23 0.000 548 MAY23 0.000 355 JUN23 70.520 11/19/2021 9:30 PM -0.325 9155 JUL23 0.000 385 AUG23 0.000 430 SEP23 0.000 306 OCT23 71.000 11/19/2021 9:39 AM 1.821 230 NOV23 0.000 431 DEC23 68.980 11/19/2021 9:44 PM -0.390 19777 JAN24 0.000 25 FEB24 0.000 17 MAR24 0.000 5 JUN24 68.970 11/19/2021 3:59 PM 1.322 642 DEC24 68.000 11/19/2021 3:59 PM 1.538 3316 DEC25 0.000 266 DEC26 0.000 12 DEC27 Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 20, 2021 34 minutes 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 Does Biden even know what is in that report? Either way it is more proof that he is doing a bad job. 1 2 Quote Share this post Link to post Share on other sites
turbguy + 1,518 November 21, 2021 11 hours ago, Ecocharger said: The real estate is outside of this country...mainly in China. There are REE mines in the US. The US ores get SENT to China for separation/refining. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 21, 2021 53 minutes ago, turbguy said: There are REE mines in the US. The US ores get SENT to China for separation/refining. Most of the rare minerals mining is in China. That is a strategic liability. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 21, 2021 6 hours ago, notsonice said: Peak Oil????? notice the dec 2024 contract is at $68 ....$10 less than today. CONTRACT LAST TIME(GMT) % CHANGE VOLUME JAN22 78.660 11/19/2021 10:59 PM -0.292 476557 INTRADAY 3 MONTHS 1 YEAR 2 YEARS LAST UPDATE TIME: 11-20-2021 6:59 PM GMT 7 PM9 PM11 PM1 AM3 AM5 AM7 AM9 AM11 AM1 PM3 PM77787980818283 CONTRACT LAST TIME(GMT) % CHANGE VOLUME FEB22 78.080 11/19/2021 10:57 PM -0.051 369107 MAR22 77.130 11/19/2021 10:41 PM -0.310 206497 APR22 76.450 11/19/2021 9:55 PM -0.365 80424 MAY22 75.860 11/19/2021 9:59 PM -0.368 44735 JUN22 75.650 11/19/2021 10:57 PM 0.079 106338 JUL22 74.780 11/19/2021 9:55 PM -0.333 17174 AUG22 74.290 11/19/2021 9:55 PM -0.309 11126 SEP22 73.740 11/19/2021 9:49 PM -0.405 18431 OCT22 73.990 11/19/2021 3:51 PM 0.585 3257 NOV22 74.230 11/19/2021 2:20 PM 1.490 3154 DEC22 72.550 11/19/2021 9:55 PM -0.275 61619 JAN23 0.000 1757 FEB23 0.000 1857 MAR23 0.000 2138 APR23 0.000 548 MAY23 0.000 355 JUN23 70.520 11/19/2021 9:30 PM -0.325 9155 JUL23 0.000 385 AUG23 0.000 430 SEP23 0.000 306 OCT23 71.000 11/19/2021 9:39 AM 1.821 230 NOV23 0.000 431 DEC23 68.980 11/19/2021 9:44 PM -0.390 19777 JAN24 0.000 25 FEB24 0.000 17 MAR24 0.000 5 JUN24 68.970 11/19/2021 3:59 PM 1.322 642 DEC24 68.000 11/19/2021 3:59 PM 1.538 3316 DEC25 0.000 266 DEC26 0.000 12 DEC27 By 2024 I expect that investment rules will prevent new investment in oil production, and oil prices will be very high for at least two decades. 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 November 21, 2021 52 minutes ago, Ecocharger said: By 2024 I expect that investment rules will prevent new investment in oil production, and oil prices will be very high for at least two decades. By "investment rules" I think you mean the free market. 1 1 Quote Share this post Link to post Share on other sites
QuarterCenturyVet + 312 JL November 21, 2021 43 minutes ago, Jay McKinsey said: By "investment rules" I think you mean the free market. Oh, is government regulation and crony corporatism what you communist sympathizers call "free market"? 1 1 2 Quote Share this post Link to post Share on other sites
turbguy + 1,518 November 21, 2021 (edited) 22 minutes ago, QuarterCenturyVet said: Oh, is government regulation and crony corporatism what you communist sympathizers call "free market"? Depends on what "government regulations" you feel are appropriate. The illicit drug market can be considered "free of regulation". Murder of competitors and customers is an acceptable practice in that marketplace. That said, if consumption of petroleum drops, prices fall (and Wyoming's state income falls, too). If consumption of petroleum rises, prices rise (and Wyoming's state incomes rises). A mixed or balanced "blessing" in my state. We cant have it both ways. It's just that the town streets are so darn LONG here between neighborhoods. Edited November 21, 2021 by turbguy 3 Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 21, 2021 3 hours ago, Jay McKinsey said: By "investment rules" I think you mean the free market. No, I mean the campaign against fossil fuels. That causes the price of oil to rise. 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 November 21, 2021 (edited) 3 hours ago, QuarterCenturyVet said: Oh, is government regulation and crony corporatism what you communist sympathizers call "free market"? Please name the gov't regulation by code number otherwise you are an idiot. Not to mention that crony capitalism is a key component of the " free market". Edited November 21, 2021 by Jay McKinsey 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 November 21, 2021 39 minutes ago, Ecocharger said: No, I mean the campaign against fossil fuels. That causes the price of oil to rise. Oh, so you mean something other than you claimed. As I said, it is called the free market. Quote Share this post Link to post Share on other sites
Boat + 1,323 RG November 21, 2021 Elon Musk is the danger to ice vehicles, space programs, coal, nat gas, Nuclear, oil, trade, tankers etc. Say high to the first trillionair. Quote Share this post Link to post Share on other sites
Boat + 1,323 RG November 21, 2021 A small group of leading conspiracy woke/elite fear by default he may become the all powerful anti-Christ. Controlling the world through example and deed. Don’t worry, you have at least a couple of decades while he builds to scale. So far he has been remarkably politically nimble. Telling Bernie Sanders he’s a maker, not a taker/taxes. Points out Biden’s disrespect of Tesla leading the climate charge by ignoring it. The greenies world over know who has the brains. The reds agree with less tax for the richest man and Trump with his billion is but a pimple on the butt of Musk eventual power. So the man who will kill huge portions of FF market gets a pass by billions of people who depend on it. Pretty amazing eh? 1 Quote Share this post Link to post Share on other sites
QuarterCenturyVet + 312 JL November 21, 2021 1 hour ago, Jay McKinsey said: Please name the gov't regulation by code number otherwise you are an idiot. Not to mention that crony capitalism is a key component of the " free market". Here: 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/ Specifically section 6, schweinhund. 1 Quote Share this post Link to post Share on other sites
QuarterCenturyVet + 312 JL November 21, 2021 1 hour ago, Jay McKinsey said: Please name the gov't regulation by code number otherwise you are an idiot. Not to mention that crony capitalism is a key component of the " free market". 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. 1 Quote Share this post Link to post Share on other sites
Tomasz + 1,608 November 21, 2021 (edited) It may sound anti-Western, but it is really funny to see the appeal to developing countries by Biden administration when US is at the forefront of oil consumers. January 2020 data, CIA World Factbook. 1000 Americans consume 60.02 bbl / day per day, 1000 Chinese 7 bbl, and 1000 Indians just 2.64 bbl. Please draw your own conclusions. If we had 100 milion barrels ad 8 bilion peple it mean average 1000 people use 12,5 bbl So addition Indian oil demand only to just world average oil consumption looks like 17 additional MILIONS BARRELS per day. Chinese only to world average means 7 milion barrels more. Dont forget Africa they would also like to have a car or at least motorbike., Edited November 21, 2021 by Tomasz 1 2 Quote Share this post Link to post Share on other sites
QuarterCenturyVet + 312 JL November 21, 2021 17 minutes ago, Tomasz said: It may sound anti-Western, but it is really funny to see the appeal to developing countries by Biden administration when US is at the forefront of oil consumers. January 2020 data, CIA World Factbook. 1000 Americans consume 60.02 bbl / day per day, 1000 Chinese 7 bbl, and 1000 Indians just 2.64 bbl. Please draw your own conclusions. If we had 100 milion barrels ad 8 bilion peple it mean average 1000 people use 12,5 bbl So addition Indian oil demand only to just world average oil consumption looks like 17 additional MILIONS BARRELS per day. Chinese only to world average means 7 milion barrels more. Dont forget Africa they would also like to have a car or at least motorbike., No. No. No. No oil at all, definitely no hydrocarbon burning cars. Only intermittent renewable energy for developing nations, because we can't let them develop their own O&G infrastructure and economies. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 21, 2021 8 hours ago, Jay McKinsey said: Oh, so you mean something other than you claimed. As I said, it is called the free market. There is nothing free about it, Jay. Check out the proposed subsidies to EVs. By the way, you couldn't give me an EV for free, not with the consumer ratings so low for them. Quote Share this post Link to post Share on other sites
Ecocharger + 1,423 DL November 21, 2021 (edited) Biden is desperately looking for someone to blame for the current energy shortages. https://oilprice.com/Energy/Crude-Oil/Big-Oil-Is-Finally-Exercising-Restraint-And-Biden-Is-Pissed.html "Bloomberg released a report this week that oil and gas explorers in the United States may point to politics as the reason that they are holding back on upping production to ease oil prices, but the real reason is much simpler: they are making money hand over fist. According to figures from Deloitte LLP, U.S. oil companies are making more money now than at any other point in the entire history of the nation’s shale revolution. “And this may just be the beginning,” Bloomberg Markets wrote. “Free cash flow, the key metric watched by investors, probably will increase by 38% next year, presuming oil prices remain elevated.” The American Petroleum Institute has fired back at President Biden in the wake of his plea to the FTC, saying that the move is merely a “distraction from the fundamental shift that is taking place and the ill-advised government decisions that are exacerbating this challenging situation." A representative of API went on to criticize Biden’s allocation of his time and energy to fight with the domestic oil and gas industry and OPEC+, saying that his attentions would be better spent “encouraging the safe and responsible development of American-made oil and natural gas."" Edited November 21, 2021 by Ecocharger Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,552 November 21, 2021 12 hours ago, Jay McKinsey said: By "investment rules" I think you mean the free market. Speaking to free Marketing it seems MOOCH MOTORS is having a WOKE moment here...... Tesla Supercharging Costs Have Quadrupled Overnight 16 HOURS AGOBY SEBASTIAN CENIZO PRICING / 16 COMMENTS But this isn't necessarily a bad thing. https://carbuzz.com/news/tesla-supercharging-costs-have-quadrupled-overnight Quote Share this post Link to post Share on other sites