Ecocharger + 1,446 DL July 4, 2022 (edited) 16 hours ago, Jay McKinsey said: And yet again your post says it is a supply shortage not high demand that is driving the price of oil. You must have skipped your basic Economics courses, Jay. Prices do not rise without market demand support. For the uneducated, it's called "price elasticity of demand". Edited July 4, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 4, 2022 14 hours ago, Boat said: If you look at the EIA import export chart not only is there plenty of oil for consumption the US averages over 1 mbpd of net exports. Gross exports are over 9 mbpd including over 1.250 bpd of diesel. So plenty of oil, plenty of diesel and plenty of foreign oil industry feeding corrupt US politicions. Echo, renowned foreign weighted math skilled reporter is committed to being a anti EIA chart reader. Lol In good news I hear the Chinese are divesting over 20 billion in west oil assets. The West is divesting from Russia. Ain’t it great. Sleepy Biden is kicking their butt. Lol It will be a sad day when the Chinese and Russians quit funding the rednecks here at OilPrice.com. I will miss the Mongolian coal propaganda. Oil prices have nowhere to go but up. Last time I looked, the highways and streets were full of fossil fuel vehicles. Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 4, 2022 (edited) The people of the UK are learning the hard way that declaring war on fossil fuels brings about a drastic reduction in the standard of living for the average Brit. A self-inflicted crisis. https://oilprice.com/Latest-Energy-News/World-News/UK-Gasoline-Prices-Surge-To-Record-Highs.html ""It's a truly dark day today for drivers, with petrol now crossing the thoroughly depressing threshold of £100 a tank (£100.27p). A complete diesel fill-up now costs £103.43," spokesman Williams said at the time, as quoted by Sky News. The government, in an effort to relieve the burden, cut the fuel duty by the equivalent of $0.06 per liter as early as March, but the measure has been nowhere near sufficient to arrest the rise in prices at the pump. The RAC's Williams in June urged Downing Street to cut the duty further to help drivers cope or, alternatively, implement a temporary reduction in VAT, which is some $0.36 per liter. Chancellor Rishi Sunak said at the end of June that the government was considering deeper cuts to the fuel duty. The president of AA, the motoring organization, said, "Pump prices are now more like 'pump fiction' as they don't reflect the general downward trends we have been seeing in wholesale prices. This is now an urgent situation." Record fuel prices are adding to an already severe cost-of-living crisis in the UK, with inflation hitting 9.1 percent in May, which is the highest since 1982." Edited July 4, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 2 minutes ago, Ecocharger said: You must have skipped your basic Economics courses, Jay. Prices do not rise without market demand support. Of course they do if there is a supply shortage. Very basic economics. Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 2 minutes ago, Ecocharger said: Oil prices have nowhere to go but up. Last time I looked, the highways and streets were full of fossil fuel vehicles. You should try driving around the San Francisco Bay Area. Teslas are everywhere! Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 4, 2022 2 minutes ago, Jay McKinsey said: Of course they do if there is a supply shortage. Very basic economics. You must have skipped basic Economics, Jay. It's called "price elasticity of demand". If demand is relatively inelastic with respect to price, the market will support the price increase. Otherwise not. Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 4, 2022 2 minutes ago, Jay McKinsey said: You should try driving around the San Francisco Bay Area. Teslas are everywhere! I will be in San Francisco in two weeks time....I doubt that many EVs will be within eyesight. I will examine California culture, but my first cousins live there and I am so far not impressed. Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 6 minutes ago, Ecocharger said: The people of the UK are learning the hard way that declaring war on fossil fuels brings about a drastic reduction in the standard of living for the average Brit. https://oilprice.com/Latest-Energy-News/World-News/UK-Gasoline-Prices-Surge-To-Record-Highs.html You really enjoy misstating what an article says or else you do not comprehend what it says. "RAC, the automotive services organization, noted that retail gasoline prices have diverged from wholesale prices, which have been on the decline for five weeks in a row." "We would love to hear their reasoning for keeping their prices so high in this instance," said Simon Williams, a spokesman for the RAC. "Pump prices are now more like 'pump fiction' as they don't reflect the general downward trends we have been seeing in wholesale prices." This has nothing to do with a war on fossil fuels. Just simple price gouging by the gas stations. It will be great for EV sales. 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 (edited) 17 minutes ago, Ecocharger said: I will be in San Francisco in two weeks time....I doubt that many EVs will be within eyesight. I will examine California culture, but my first cousins live there and I am so far not impressed. I am sure you will purposely ignore them. But of course we who live here know better. The 1st and 2nd best selling cars in the state of California are Teslas and the 3rd place Toyota Rav4 isn't even close. Oh and don't worry, no one here will be impressed by you. Edited July 4, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 20 minutes ago, Ecocharger said: You must have skipped basic Economics, Jay. It's called "price elasticity of demand". If demand is relatively inelastic with respect to price, the market will support the price increase. Otherwise not. You don't even understand what you just said. You agreed with me. If demand is inelastic then a supply shortage causes a price increase without any change in demand. Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,187 July 4, 2022 50 minutes ago, Ecocharger said: Oil prices have nowhere to go but up. Last time I looked, the highways and streets were full of fossil fuel vehicles. Last I checked, the STREETS are MADE of fossil fuels, to hell with the cars. 2 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 (edited) 43 minutes ago, footeab@yahoo.com said: Last I checked, the STREETS are MADE of fossil fuels, to hell with the cars. And they account for less than 2% of our oil use. The primary use (70%) of asphalt is in road construction,[4] Edited July 4, 2022 by Jay McKinsey 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,552 July 4, 2022 1 hour ago, Jay McKinsey said: And they account for less than 2% of our oil use. The primary use (70%) of asphalt is in road construction,[4] Do you ever take a sanity check? 3 Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,217 er July 4, 2022 7 minutes ago, Eyes Wide Open said: Do you ever take a sanity check? He's in California, San Francisco so explains his thinking or lack there-of Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 10 minutes ago, Eyes Wide Open said: Do you ever take a sanity check? Do you ever arrive at a conclusion by doing math with real numbers from real data? 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 (edited) 4 minutes ago, Old-Ruffneck said: He's in California, San Francisco so explains his thinking or lack there-of Don't you just hate how I keep proving you wrong. Correcting all your mistakes is nearly a full time job. Edited July 4, 2022 by Jay McKinsey Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 4, 2022 Police are becoming big users of EVs. Kansas Police Department Adds Tesla Model Y To Fleet Leawood Police Department will use the Model Y Long Range as a patrol car. Electric police cars are becoming more and more common. That's to be expected though, as the real-world range of EVs is constantly improving, and charging infrastructure is getting more prevalent. Coupled with EVs peppy acceleration and low running costs and it's a win-win situation for both police departments and the environment. The latest force to add an EV to its fleet was Leawood Police Department, Kansas. The PD added a Tesla Model Y Long Range to its patrol division. Leawood PD had been exploring the possibility of adding an EV to its lineup for over a year before finally deciding the Model Y was its best option. The primary reason for the decision to go electric was running costs. At current gas prices, a Ford Explorer would cost in excess of $6,000 a year to run. Meanwhile, a Model Y would set the PD back around $700 provided the majority of charging was done at the police station and not on public infrastructure. Given police cars stay in service for several years and often clock up over 100,000 miles in the long run gas savings will be substantial, even if prices are to return to normality. In this case, Leawood PD wants to keep the Model Y for roughly four years. In that period, it could potentially save the PD in excess of $20,000 versus an ICE vehicle. The Model Y isn't the only EV joining police forces throughout the world. Over in the UK a Nissan Leaf recently joined Gloucestershire's PD. Meanwhile, back in the US several Ford Mustang Mach-E EVs will join the NYPD later this summer. Also, the Tesla Model 3 is becoming a popular choice for police forces throughout North America. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,552 July 5, 2022 1 hour ago, Jay McKinsey said: Do you ever arrive at a conclusion by doing math with real numbers from real data? Who needs numbers? The headlines state quite clearly the aftermath of green energy malfeasance.. The EU contributed to its own energy crisis, but diversification can solve it The EU has been implementing a major transition to renewable energies for two decades, but it has found only minimal success. In 2020, less than 20 percent of the EU’s electricity came from wind and solar, and only 13 percent came from hydropower. Though percentages are rising, there simply is not enough renewable power in the bloc at present, and it is unreliable when available. Solar power shuts down at night; wind power fails when the wind stops blowing. There is an important place for renewables in the energy landscape, but they must be adopted with a realistic view to the current abilities of the technologies. The EU should continue to increase its renewable energy generation, but not as a replacement for stable, reliable sources of clean energy. https://www.atlanticcouncil.org/blogs/energysource/the-eu-contributed-to-its-own-energy-crisis-but-diversification-can-solve-it/ Ohh no Joey say it isnt sooo!!!!!!! Australian power crisis eases as coal-fired plants crank up Power supply sufficient to meet weekend demand 1,900 MW of coal plant restarts since Wed 'Challenges remain' market operator says MELBOURNE, June 17 (Reuters) - Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but the market operator said the power crisis was not over. Reporting by Sonali Paul; Editing by Muralikumar Anantharaman and Lincoln Feast. https://www.reuters.com/business/energy/australian-power-crunch-eases-coal-fired-plants-crank-up-2022-06-17/ 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 702 July 5, 2022 https://news.yahoo.com/feds-pg-e-more-time-170000621.html Feds give PG&E more time to apply for funds to keep Diablo Canyon nuclear power plant open David Middlecamp/dmiddlecamp@thetribunenews.com Mackenzie Shuman Sun, July 3, 2022 at 12:00 PM·3 min read PG&E has been given more time to consider whether to apply for federal funding to keep Diablo Canyon nuclear power plant open and operating. The U.S. Department of Energy (DOE) recently granted the utility company’s request to extend the deadline for the Civil Nuclear Credit program, a $6 billion funding initiative to help keep struggling nuclear power plants operational. The deadline was pushed back from July 5 to Sept. 6, according to the DOE. PG&E spokesperson Lynsey Paulo noted that PG&E is still considering whether it will apply for the funds, “which would reduce costs to our customers should the state want to preserve the option to extend (Diablo Canyon) operations to help ensure grid reliability.” State funding also might be available to keep the power plant operational. Gov. Gavin Newsom signed the “energy trailer bill” on Thursday with $75 million allocated to the state Department of Water Resources to potentially prolong the plant’s life. “The governor requested this language, not as a decision to move ahead with continuing operation of Diablo Canyon, but to protect the option to do that if a future decision is made,” state Sen. John Laird, D-Santa Cruz, told CalMatters. Since 2018, it’s been expected that Diablo Canyon nuclear power plant would close its two reactors in 2024 and 2025, after its licenses expired. However, a recent shift has caused many to call for the power plant to stay open, despite strong opposition from anti-nuclear groups. “Experts agree that keeping Diablo Canyon open for a transitionary period will be critical to keeping the lights on and the AC running,” said Assemblyman Jordan Cunningham, R-San Luis Obispo. “Even with expected capital improvement costs, continuing the plant’s operation will save ratepayers billions, according to a study by MIT and Stanford — and that’s without accounting for the billions in state and federal funding that might be available to help defray costs. Cunningham added that closing the power plant “will come at significant costs to ratepayers,” as the state would be “forced to buy even more expensive, out-of-state power on the spot market.” San Luis Obispo Mother’s For Peace, an advocacy group opposed to Diablo Canyon remaining open, wrote in a letter to the DOE on Monday that the federal government shouldn’t focus its funding on prolonging the life of the power plant. “Diablo Canyon’s closure will do much more for California’s climate goals, local communities and economic and environmental justice than would be provided by including Diablo Canyon in the (Civil Nuclear Credit) program,” the letter said. As for how much money it would cost to keep Diablo Canyon open, PG&E doesn’t appear to know quite yet. “Current state policy is to retire (Diablo Canyon) at the end of its current licenses,” PG&E spokesperson Paulo wrote in an email to The Tribune. “If there were a change in state policy, PG&E believes that either the state itself or customers of all local-serving entities in the state should help fund that option.” “Given that the governor only recently asked us to explore the steps needed to preserve the option of continued operations and our ongoing evaluations of DOE guidance, we don’t have any (cost) estimates to share at this time,” she added. Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 5, 2022 8 hours ago, Jay McKinsey said: You really enjoy misstating what an article says or else you do not comprehend what it says. "RAC, the automotive services organization, noted that retail gasoline prices have diverged from wholesale prices, which have been on the decline for five weeks in a row." "We would love to hear their reasoning for keeping their prices so high in this instance," said Simon Williams, a spokesman for the RAC. "Pump prices are now more like 'pump fiction' as they don't reflect the general downward trends we have been seeing in wholesale prices." This has nothing to do with a war on fossil fuels. Just simple price gouging by the gas stations. It will be great for EV sales. The usual complaints with no reasoning ..... Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 5, 2022 7 hours ago, Jay McKinsey said: I am sure you will purposely ignore them. But of course we who live here know better. The 1st and 2nd best selling cars in the state of California are Teslas and the 3rd place Toyota Rav4 isn't even close. Oh and don't worry, no one here will be impressed by you. I will examine the state of California and try to learn what went wrong there.... Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 5, 2022 6 hours ago, Jay McKinsey said: Do you ever arrive at a conclusion by doing math with real numbers from real data? I thought that you were allergic to math, judging from your posts here. Quote Share this post Link to post Share on other sites
Ecocharger + 1,446 DL July 5, 2022 (edited) 5 hours ago, Jay McKinsey said: Police are becoming big users of EVs. Kansas Police Department Adds Tesla Model Y To Fleet Leawood Police Department will use the Model Y Long Range as a patrol car. Electric police cars are becoming more and more common. That's to be expected though, as the real-world range of EVs is constantly improving, and charging infrastructure is getting more prevalent. Coupled with EVs peppy acceleration and low running costs and it's a win-win situation for both police departments and the environment. The latest force to add an EV to its fleet was Leawood Police Department, Kansas. The PD added a Tesla Model Y Long Range to its patrol division. Leawood PD had been exploring the possibility of adding an EV to its lineup for over a year before finally deciding the Model Y was its best option. The primary reason for the decision to go electric was running costs. At current gas prices, a Ford Explorer would cost in excess of $6,000 a year to run. Meanwhile, a Model Y would set the PD back around $700 provided the majority of charging was done at the police station and not on public infrastructure. Given police cars stay in service for several years and often clock up over 100,000 miles in the long run gas savings will be substantial, even if prices are to return to normality. In this case, Leawood PD wants to keep the Model Y for roughly four years. In that period, it could potentially save the PD in excess of $20,000 versus an ICE vehicle. The Model Y isn't the only EV joining police forces throughout the world. Over in the UK a Nissan Leaf recently joined Gloucestershire's PD. Meanwhile, back in the US several Ford Mustang Mach-E EVs will join the NYPD later this summer. Also, the Tesla Model 3 is becoming a popular choice for police forces throughout North America. Are the police a government operation in California? Edited July 5, 2022 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 July 5, 2022 (edited) 6 hours ago, Eyes Wide Open said: Who needs numbers? The headlines state quite clearly the aftermath of green energy malfeasance.. The EU contributed to its own energy crisis, but diversification can solve it The EU has been implementing a major transition to renewable energies for two decades, but it has found only minimal success. In 2020, less than 20 percent of the EU’s electricity came from wind and solar, and only 13 percent came from hydropower. Though percentages are rising, there simply is not enough renewable power in the bloc at present, and it is unreliable when available. Solar power shuts down at night; wind power fails when the wind stops blowing. There is an important place for renewables in the energy landscape, but they must be adopted with a realistic view to the current abilities of the technologies. The EU should continue to increase its renewable energy generation, but not as a replacement for stable, reliable sources of clean energy. https://www.atlanticcouncil.org/blogs/energysource/the-eu-contributed-to-its-own-energy-crisis-but-diversification-can-solve-it/ Ohh no Joey say it isnt sooo!!!!!!! Australian power crisis eases as coal-fired plants crank up Power supply sufficient to meet weekend demand 1,900 MW of coal plant restarts since Wed 'Challenges remaItin' market operator says MELBOURNE, June 17 (Reuters) - Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but the market operator said the power crisis was not over. Reporting by Sonali Paul; Editing by Muralikumar Anantharaman and Lincoln Feast. https://www.reuters.com/business/energy/australian-power-crunch-eases-coal-fired-plants-crank-up-2022-06-17/ It isn't so! Numbers allow you to see reality. and show everyone how clueless fools like you are. Storage makes renewables reliable and dispatchable but you just can't comprehend that can you? Europe’s grid-scale energy storage capacity will expand 20-fold by 2031 Ambitious European net zero targets, cutting dependency on Russian fossil fuel, regulatory change and growing investor confidence will unlock 42 GW of vital energy storage capacity https://www.woodmac.com/news/opinion/europes-grid-scale-energy-storage-capacity-will-expand-20-fold-by-2031/ 20GWh pumped hydro energy storage plant starting operations in Switzerland https://www.energy-storage.news/20gwh-pumped-hydro-energy-storage-plant-starting-operations-in-switzerland/ Swedish firms ink deal to make green hydrogen with wind power https://www.theregister.com/2022/04/12/sweden_green_hydrogen/ Quinbrook to build 460MWh BESS at former coal plant site in Wales, UK Vattenfall starts filling up 200MW thermal storage tower in Berlin Construction starts on 200MWh Fluence BESS projects in Lithuania for 2022 completion Edited July 5, 2022 by Jay McKinsey 2 Quote Share this post Link to post Share on other sites
notsonice + 1,243 DM July 5, 2022 (edited) 1 hour ago, Jay McKinsey said: It isn't so! Numbers allow you to see reality. and show everyone how clueless fools like you are. Storage makes renewables reliable and dispatchable but you just can't comprehend that can you? Europe’s grid-scale energy storage capacity will expand 20-fold by 2031 Ambitious European net zero targets, cutting dependency on Russian fossil fuel, regulatory change and growing investor confidence will unlock 42 GW of vital energy storage capacity https://www.woodmac.com/news/opinion/europes-grid-scale-energy-storage-capacity-will-expand-20-fold-by-2031/ 20GWh pumped hydro energy storage plant starting operations in Switzerland https://www.energy-storage.news/20gwh-pumped-hydro-energy-storage-plant-starting-operations-in-switzerland/ Swedish firms ink deal to make green hydrogen with wind power https://www.theregister.com/2022/04/12/sweden_green_hydrogen/ Quinbrook to build 460MWh BESS at former coal plant site in Wales, UK Vattenfall starts filling up 200MW thermal storage tower in Berlin Construction starts on 200MWh Fluence BESS projects in Lithuania for 2022 completion 20GWh pumped hydro energy storage plant starting operations in Switzerland.................. WOW Since Switzerland is all nuclear and hydro now, this new pumped hydro ability will mean it will act as a giant battery for the surrounding countries to use. Edited July 5, 2022 by notsonice 1 1 1 Quote Share this post Link to post Share on other sites