GREEN NEW DEAL = BLIZZARD OF LIES

Old-Ruffneck · Thursday at 02:44 AM

9 minutes ago, TailingsPond said:

WTF do you know?

Predict something in the near term.

You live in an ideology not reality.

WTF do I know? A helluva lot more than you when it comes to oilfields and pumping and extraction. I worked on rigs 5 years. Motorman 2 years Derricks 3 years. Todays rigs are somewhat differant but still drilling a hole and stopping at certain depth to await completion crew. Granted you do have a certain intelligence but to demean some of the users on here the way you and your twin do, is easier just to hit the ignore button as you repeat over and over. But the fact of the matter is, ICE vehicles are here to stay. Go buy an EV and don't let them rob you. Electricity here is expensive, more than petrol. And a very very slim infrastructure in a 500 mile circle around me casa. Now the dealers are leasing the EV's as most can't afford 65k for a car.

Polyphia · Thursday at 10:17 AM

8 hours ago, Old-Ruffneck said:

Exactly!! The two or three opposition folks just love to stir the crap. Keyboard warriors they are. They pretend to be smarter than everyone on here and try to shame the guys who do know. They are living in fantasy land.

Project much?

TailingsPond · Thursday at 01:50 PM

11 hours ago, Old-Ruffneck said:

WTF do I know?

Predict something in the near term like I asked. Show me what you know! Not what you knew in the past - old school crap - predict modern oil economics.

If you keep up-voting stupid you are stupid. Down is down.

TailingsPond · Thursday at 01:55 PM

11 hours ago, Old-Ruffneck said:

Electricity here is expensive, more than petrol.

British Colombia and Ontario have huge amounts cheap hydroelectric electricity.

In B.C. you can "fill up" your EV for free at roadside rest stops. The rest stops even have free wifi.

TailingsPond · Thursday at 02:20 PM

11 hours ago, Old-Ruffneck said:

A helluva lot more than you when it comes to oilfields and pumping and extraction. I worked on rigs 5 years. Motorman 2 years Derricks 3 years. Todays rigs are somewhat differant but still drilling a hole and stopping at certain depth to await completion crew. Granted you do have a certain intelligence but to demean some of the users on here

You certainly have more hands-on oilfield knowledge. I respect that.

As for "demean" many other users use more insults than I do. I beat people down with better writing skills, education, and facts. Calling someone stupid is easy; making someone feel stupid without calling them names is more rewarding.

Ecocharger · Friday at 04:18 AM

The Green maniacs are trying to shoot their own economies in the foot. The onerous burden of the misguided war against CO2 is threatening to destroy the standard of living of most average people in Europe.

https://oilprice.com/Latest-Energy-News/World-News/New-EU-Carbon-Market-Set-to-Hit-Households-and-Small-Businesses.html

"Two years after the 2027 launch, the price of CO2 could jump to as much as $161 (149 euros) per metric ton in 2029, according to BloombergNEF’s analysis. This would be more than double the current price of CO2 under the existing EU ETS trading system for emissions from industry and power plants.

The carbon price in EU ETS2 could hike costs for road transportation by 27%, while bills for home heating could spike by as much as 41%, BNEF’s analysis has found.

“Ambitious targets and high costs risk making households and small businesses the losers,” the report reads."

Ecocharger · Friday at 05:05 PM

Long term price trends for oil remains high with growing demand and reduced refinery capacity.

https://oilprice.com/Energy/Crude-Oil/Refinery-Shutdowns-Growing-Demand-Could-Send-Fuel-Inventories-to-25-year-Low.html

"IA: fuel inventories could plunge to the lowest levels since 2000.

The refining industry globally has been experiencing the effects of a declining supercycle even though demand has continued to grow.

EIA: this squeeze is about to become marked next year."

"Refinery closures combined with growing demand for gasoline, diesel, and jet fuel are about to start squeezing available volumes—and this squeeze is about to become marked next year. That’s according to the Energy Information Administration, which warned this would plunge inventories to the lowest levels since 2000.

Two refineries are set to shut down this year, the EIA said in the latest edition of its monthly Short-Term Energy Outlook. One is in Houston, and the other in Los Angeles. The Houston facility, owned by LyondellBasell, which has already begun the process of the shutdown, has a capacity of 263,776 barrels daily. The Los Angeles refinery, property of Phillips 66, can process 138,700 barrels of crude daily. The closure of these two would reduce fuel production capacity in the country by 400,000 barrels daily.

The refining industry globally has been experiencing the effects of a declining supercycle even though demand has continued to grow, and, as confirmed by the EIA, this growth will continue. Even so, the record margins of 2022 and 2023 are gone now. Before the new cycle begins, some belt-tightening is in order."

Edited Friday at 05:06 PM by Ecocharger

notsonice · Friday at 05:16 PM

Just now, Ecocharger said:

Long term price trends for oil remains high with growing demand and reduced refinery capacity.

https://oilprice.com/Energy/Crude-Oil/Refinery-Shutdowns-Growing-Demand-Could-Send-Fuel-Inventories-to-25-year-Low.html

"IA: fuel inventories could plunge to the lowest levels since 2000.

The refining industry globally has been experiencing the effects of a declining supercycle even though demand has continued to grow.

EIA: this squeeze is about to become marked next year."

"Refinery closures combined with growing demand for gasoline, diesel, and jet fuel are about to start squeezing available volumes—and this squeeze is about to become marked next year. That’s according to the Energy Information Administration, which warned this would plunge inventories to the lowest levels since 2000.

Two refineries are set to shut down this year, the EIA said in the latest edition of its monthly Short-Term Energy Outlook. One is in Houston, and the other in Los Angeles. The Houston facility, owned by LyondellBasell, which has already begun the process of the shutdown, has a capacity of 263,776 barrels daily. The Los Angeles refinery, property of Phillips 66, can process 138,700 barrels of crude daily. The closure of these two would reduce fuel production capacity in the country by 400,000 barrels daily.

The refining industry globally has been experiencing the effects of a declining supercycle even though demand has continued to grow, and, as confirmed by the EIA, this growth will continue. Even so, the record margins of 2022 and 2023 are gone now. Before the new cycle begins, some belt-tightening is in order."

Long term price trends for oil remains high with growing demand??????

ha ha ha you are living in the past and smoking too much wacky tabacky

reality EVs and Trump has shit on your parade of growing demand...HA HA HA EVs and the Trump Global Recession have sent the price and demand into a tailspin. ha ha ha Tariffs Tariffs are great??? not for oil demand

WTF are you babbling about now....trends for oil remains high????? $67 WTI looks like the long term price trend for the next 2 years is heading towards $50 hell of a trend

Enjoy getting crapped on by falling demand