Ecocharger + 1,474 DL March 6, 2023 (edited) On 3/5/2023 at 1:22 PM, TailingsPond said: Please note that demand and production are not the same. People might want oil but if the energy industry is switchng it's investments away from oil, oil production will eventually decrease as assets reach end-of-life and are not replaced. Heck, the demand can actually get too high and price itself out of a desirable position. Think tulip market bubbles or Tesla factories that can't keep up with orders. The car manufactures all are investing in EV development, and so the energy people are building alternative energy projects. Also note, just because some people really like cocaine doesn't mean it will always be readily available. The dealers switched to selling meth and fentanyl... Gas cars will become like horses, basically expensive toys. Demand is soaring for fossil fuels. https://thundersaidenergy.com/2020/02/23/electric-vehicles-increase-fossil-fuel-demand/ "Electric Vehicles Increase Fossil Fuel Demand? It is widely believed that electric vehicles will destroy fossil fuel demand. We find EVs will increase fossil fuel demand by 0.7Mboed from 2020-35. EVs only start lowering net fossil fuel demand from 2037 onwards. The reason is that 3.7x more energy is consumed to manufacture each EV than the net road fuel it displaces each year; while the manufacturing of EVs is seen growing exponentially." Edited March 6, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 6, 2023 (edited) 4 hours ago, Ecocharger said: Demand is soaring for fossil fuels. https://thundersaidenergy.com/2020/02/23/electric-vehicles-increase-fossil-fuel-demand/ "Electric Vehicles Increase Fossil Fuel Demand? It is widely believed that electric vehicles will destroy fossil fuel demand. We find EVs will increase fossil fuel demand by 0.7Mboed from 2020-35. EVs only start lowering net fossil fuel demand from 2037 onwards. The reason is that 3.7x more energy is consumed to manufacture each EV than the net road fuel it displaces each year; while the manufacturing of EVs is seen growing exponentially." you are relying on an article that employs junk science try this one on ......enjoy it was brought to you by this site https://oilprice.com/Energy/Energy-General/Fossil-Fuel-Emissions-Projected-To-Peak-In-2025.html Fossil Fuel Emissions Projected To Peak In 2025 By Rystad Energy - Feb 27, 2023, 11:00 AM CST Direct CO2 emissions from power and heat generation will peak this year. Fossil CO2 emissions reached an all-time high of about 38.3 Gtpa last year. The power and heating sector is expected to drive the upcoming fossil CO2 decline from mid-decade onwards. While Europe, the US and China make progress, India’s emissions grow. Edited March 6, 2023 by notsonice Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 6, 2023 (edited) On 3/2/2023 at 4:56 AM, Ecocharger said: Your numbers are off. Oil demand today remains robust, the highest level ever. https://oilprice.com/Energy/Energy-General/Global-Oil-Demand-Hit-Record-High-In-December.html "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." rubust???? then why are the futures on Brent showing a drop in price...... Reality the Fed is in charge and Oil is their target long futures show a decline in prices and in the face of Global 5 % inflation ( this is tied to a decline in demand long term) no reason to buy 0il today (when it is cheaper and oversupplied in the future) Futures contract for other commodities do no show a decline in prices unlike oil.... Long term .....lots of stranded oil assests the reason no new refineries are being planned worldwide is no increase in demand is seen in the future enjoy todays numbers......again the Fed is killing demand Brent Crude May 2023 $86.25 0.07 $85.78 $86.35 $84.34 Mar 6, 2023 10:58 p.m. Brent Crude Oil (IFEU $/bbl) Front Month $86.25 0.07 $85.78 $86.35 $84.34 Mar 6, 2023 10:58 p.m. Brent Crude Jun 2023 $85.71 0.09 $85.25 $85.78 $83.80 Mar 6, 2023 10:15 p.m. Brent Crude Jul 2023 $85.22 0.06 $84.76 $85.32 $83.36 Mar 6, 2023 9:59 p.m. Brent Crude Aug 2023 $84.76 0.07 $84.21 $84.84 $82.93 Mar 6, 2023 9:59 p.m. Brent Crude Sep 2023 $84.31 0.08 $83.70 $84.36 $82.50 Mar 6, 2023 9:59 p.m. Brent Crude Oct 2023 $83.81 0.08 $83.22 $83.85 $82.05 Mar 6, 2023 9:49 p.m. Brent Crude Nov 2023 $83.31 0.06 $82.74 $83.38 $81.62 Mar 6, 2023 9:59 p.m. Brent Crude Dec 2023 $82.83 0.04 $82.27 $82.91 $81.19 Mar 6, 2023 9:59 p.m. Brent Crude Jan 2024 $82.36 0.06 $81.33 $82.36 $80.84 Mar 6, 2023 7:45 p.m. Edited March 6, 2023 by notsonice Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 6, 2023 13 minutes ago, notsonice said: you are relying on an article that employs junk science try this one on ......enjoy it was brought to you by this site https://oilprice.com/Energy/Energy-General/Fossil-Fuel-Emissions-Projected-To-Peak-In-2025.html Fossil Fuel Emissions Projected To Peak In 2025 By Rystad Energy - Feb 27, 2023, 11:00 AM CST Direct CO2 emissions from power and heat generation will peak this year. Fossil CO2 emissions reached an all-time high of about 38.3 Gtpa last year. The power and heating sector is expected to drive the upcoming fossil CO2 decline from mid-decade onwards. While Europe, the US and China make progress, India’s emissions grow. You should read the details of the articles you quote, there is nothing inconsistent between this article and the one which I linked above. Why would you think so? Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 6, 2023 3 minutes ago, notsonice said: rubust???? then why are the futures on Brent showing a drop in price...... Reality the Fed is in charge and Oil is their target long futures show a decline in prices and in the face of Global 5 % inflation ( this is tied to a decline in demand long term) no reason to buy 0il today (when it is cheaper and oversupplied in the future) Futures contract for other commodities do no show a decline in prices unlike oil.... Long term .....lots of stranded oil assests the reason no new refineries are being planned worldwide is no increase in demand is seen in the future enjoy todays numbers......again the Fed is killing demand Brent Crude May 2023 $86.25 0.07 $85.78 $86.35 $84.34 Mar 6, 2023 10:58 p.m. Brent Crude Oil (IFEU $/bbl) Front Month $86.25 0.07 $85.78 $86.35 $84.34 Mar 6, 2023 10:58 p.m. Brent Crude Jun 2023 $85.71 0.09 $85.25 $85.78 $83.80 Mar 6, 2023 10:15 p.m. Brent Crude Jul 2023 $85.22 0.06 $84.76 $85.32 $83.36 Mar 6, 2023 9:59 p.m. Brent Crude Aug 2023 $84.76 0.07 $84.21 $84.84 $82.93 Mar 6, 2023 9:59 p.m. Brent Crude Sep 2023 $84.31 0.08 $83.70 $84.36 $82.50 Mar 6, 2023 9:59 p.m. Brent Crude Oct 2023 $83.81 0.08 $83.22 $83.85 $82.05 Mar 6, 2023 9:49 p.m. Brent Crude Nov 2023 $83.31 0.06 $82.74 $83.38 $81.62 Mar 6, 2023 9:59 p.m. Brent Crude Dec 2023 $82.83 0.04 $82.27 $82.91 $81.19 Mar 6, 2023 9:59 p.m. Brent Crude Jan 2024 $82.36 0.06 $81.33 $82.36 $80.84 Mar 6, 2023 7:45 p.m. Again, you are not replying to the points in the article. Read, "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." Quote Share this post Link to post Share on other sites
TailingsPond + 1,008 GE March 6, 2023 (edited) 5 hours ago, Ecocharger said: EVs only start lowering net fossil fuel demand from 2037 onwards. The reason is that 3.7x more energy is consumed to manufacture each EV than the net road fuel it displaces each year; while the manufacturing of EVs is seen growing exponentially." Yeah, it takes a lot of energy to manufacture a car. Do you think that fossil-fuel vehicles require no energy to manufacture? It like how you also point out that "EVs [are] seen growing exponentially." Sure sounds like a growth industry; do you read your own references? Edited March 7, 2023 by TailingsPond 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 6, 2023 (edited) 8 hours ago, Ecocharger said: Again, you are not replying to the points in the article. Read, "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." overall 2022 was not a peak...... all you have is cherrypicking one month now once again 2022 was less than 2019 Peak oil was 2019.. how did your Goldman Sucks Call of Brent $130 at the end of 2022 work for you??? ha ha ha it ended at under $80 because of lack of demand................ enjoy the demise of ICE vehicle production....the planet is so much better without ICE clunkers Edited March 7, 2023 by notsonice Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 6, 2023 (edited) 8 hours ago, Ecocharger said: You should read the details of the articles you quote, there is nothing inconsistent between this article and the one which I linked above. Why would you think so? you should read ??? dude you ignore anything that does not support your BS now enjoy the article on 2025 as the peak of Fossil Fuels or the Peak in Nat Gas it is all downhill ......your clunker can coast into a junkyard......or you can push it in..... ICE Clunkers are reborn as EV's Enjoy the sight of them...... Edited March 7, 2023 by notsonice 1 Quote Share this post Link to post Share on other sites
bloodman33 + 22 TJ March 7, 2023 Doom! Doom! Doom! https://www.theguardian.com/environment/2023/mar/06/revealed-1000-super-emitting-methane-leaks-risk-triggering-climate-tipping-points Quote Share this post Link to post Share on other sites
specinho + 470 March 7, 2023 On 3/5/2023 at 11:10 PM, bloodman33 said: ‘Everyone should be concerned’: Antarctic sea ice reaches lowest levels ever recorded https://www.theguardian.com/world/2023/mar/04/everyone-should-be-concerned-antarctic-sea-ice-reaches-lowest-levels-ever-recorded @notsonice mentioned one of the scientific research pointed out that starvation is one of the reasons some whales were stranded along the shorelines. The report quoted stated one of the reasons is unpredicted ice coverage and thickness......... Could we assume the ice melts when temperature there is above 4'C, builds up when the surrounding gets below 3'C? 'o' '-' Wondering if anyone notices <-------- this cult kid mentioned something silly like patching up the holes in the sky over the poles to solve the issue? '~' Quote Share this post Link to post Share on other sites
specinho + 470 March 7, 2023 9 hours ago, notsonice said: you should read ??? dude you ignore anything that does not support your BS now enjoy the article on 2025 as the peak of Fossil Fuels or the Peak in Nat Gas it is all downhill ......your clunker can coast into a junkyard......or you can push it in..... ICE Clunkers are reborn as EV's Enjoy the sight of them...... Cactus....... '-' Guess, they will be promoting electric car using cactus juice soon........ No more worry about charging or fueling, extra grid, stations etc, right? '-' Quote Share this post Link to post Share on other sites
TailingsPond + 1,008 GE March 7, 2023 (edited) 4 hours ago, specinho said: Could we assume the ice melts when temperature there is above 4'C, builds up when the surrounding gets below 3'C? 'o' '- We could assume that, but it would make an ass out of you and me. The freezing point of seawater is around -1.8ºC Edited March 7, 2023 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 7, 2023 18 hours ago, TailingsPond said: Yeah, it takes a lot of energy to manufacture a car. Do you think that fossil-fuel vehicles require no energy to manufacture? It like how you also point out that "EVs [are] seen growing exponentially." Sure sounds like a growth industry; do you read your own references? That is assuming the suggested future, which I doubt will ever happen. If it made sense to buy an EV, you would have already bought one. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 7, 2023 18 hours ago, notsonice said: you should read ??? dude you ignore anything that does not support your BS now enjoy the article on 2025 as the peak of Fossil Fuels or the Peak in Nat Gas it is all downhill ......your clunker can coast into a junkyard......or you can push it in..... ICE Clunkers are reborn as EV's Enjoy the sight of them...... Says the man with his fossil fuel vehicle.... Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 7, 2023 18 hours ago, notsonice said: overall 2022 was not a peak...... all you have is cherrypicking one month now once again 2022 was less than 2019 Peak oil was 2019.. how did your Goldman Sucks Call of Brent $130 at the end of 2022 work for you??? ha ha ha it ended at under $80 because of lack of demand................ enjoy the demise of ICE vehicle production....the planet is so much better without ICE clunkers Man, you really do have trouble with the English language. Here it is in simple black and white. "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." 1 Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,190 March 7, 2023 3 hours ago, Ecocharger said: Man, you really do have trouble with the English language. Here it is in simple black and white. "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." Do yourself a favor, block their lying asses. They are only replying b/c they want attention. Who knows maybe you like rolling in the mud like a pig. 1 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 8, 2023 (edited) Oil and gasoline are in their golden years, with many decades of robust expansion ahead. Fossil fuels dominate the energy sector. https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Are-Set-To-Rise-Throughout-2023.html "Rising Chinese demand will be the main driver of higher crude prices this year. A 500,000 bpd drop in Russian crude output could tip the balance in global oil markets. IEA: global oil demand will hit a record high in 2023." Edited March 8, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 8, 2023 2 hours ago, footeab@yahoo.com said: Do yourself a favor, block their lying asses. They are only replying b/c they want attention. Who knows maybe you like rolling in the mud like a pig. Well, the best that the Greenies can do is flail around with false facts, so that becomes apparent very quickly. They are not fooling anyone. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 8, 2023 On 3/7/2023 at 1:37 PM, Ecocharger said: Man, you really do have trouble with the English language. Here it is in simple black and white. "In December, global crude oil demand jumped to 1.3 million barrels per day, the highest level on record. While global demand soared in December, production fell to a five-month low due to lower supply from the U.S. and UK. The growth in demand in December was mainly driven by higher consumption in Japan, Indonesia, and South Korea." Peak Oil happened in 2019.....now you are at a plateau and the only path ahead is downhill..... Cash for Clunkers....is happening now when you trade in your clunker for an EV ...... EV Sales keep rocketing upward and ICE sales......enjoy the ride to the bottom in your clunker read it and weep it.... the highlight......(please not stifle oil demand....and that is worldwide oil demand) ........Oil markets are now concerned that the Fed’s policy may be to raise interest rates higher and for longer, which would stifle economic growth and oil demand. Oil Extends Losses On Fed Hawkishness By Tom Kool - Mar 08, 2023, 12:19 PM CST Oil prices fell over 1% on Wednesday after fears of more aggressive rate hikes by the U.S. Federal Reserve continued to compound, with losses extending. On Tuesday, Federal Reserve Chairman Jerome Powell said the Fed would most likely find it necessary to raise interest more than expected to control inflation as a result of strong U.S. economic data. Fed funds futures traders interviewed by Reuters now see a 66% probability that the Fed will raise interest rates by 50 basis points at the next meeting on March 21-22. Prior to Powell’s Tuesday testimony before the U.S. Senate, traders put the probability of such a move at only 22%. The Fed’s hawkishness was putting downward pressure on crude oil prices on Tuesday and Wednesday. Oil markets are now concerned that the Fed’s policy may be to raise interest rates higher and for longer, which would stifle economic growth and oil demand. Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 8, 2023 18 hours ago, Ecocharger said: Oil and gasoline are in their golden years, with many decades of robust expansion ahead. Fossil fuels dominate the energy sector. https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Are-Set-To-Rise-Throughout-2023.html "Rising Chinese demand will be the main driver of higher crude prices this year. A 500,000 bpd drop in Russian crude output could tip the balance in global oil markets. IEA: global oil demand will hit a record high in 2023." and yet Brent crude gets hammered again today.... The Fed is in control and until they start dropping rates ...oil pays the price Fed dropping rates in 2023 ha ha ha 2024 ha ha ha 2025 crystal ball 2025 and the number of ICE vehicles on the road peaks .....Oil demand drops drops drops at the hand of EV's What happened to your touted GS call at the end of 2022 of $130 Brent??????? How much did you lose on a bet of $130 at year end?? what a joke Brent is at $82 with change today and the only thing holding up oil today is Sleepy Joes promised oil buy for the SPR in the future at $72....Sleepy Joe is your last hope for an increase in demand.....You should praise Sleepy Joe as he is your only hope...... Enjoy the transition to renewables....I am Quote Share this post Link to post Share on other sites
specinho + 470 March 9, 2023 (edited) On 3/7/2023 at 8:30 PM, TailingsPond said: We could assume that, but it would make an ass out of you and me. The freezing point of seawater is around -1.8ºC Thank you for the information. If seawater freezes around - 2'C, it might mean it melts around that temperature, a lower temperature than 0'C. When you have unexpected ice coverage and thickness, might indicate that the temperature is colder than usual and than that. Large piece of melted ice chunk indicates higher temperature than usual and than that. Hearsay........ Colder climate, e.g. in the tropics, can be affected by a few factors e.g. frequent volcanic eruption, activity of sun, amount of ice formed in the northern hemisphere during winter, amount of cloud formed etc. It has been unusually cold somewhere small along the equator since sept 2022 till march 2023, with temperature around 12'C to 16 or 18'C on the average, particularly lower during rainy days. Usual temperature would be reaching around 24' C - 28'C on the lowest. This observation leads to a point that warming of earth is a fact. It can get cold is also not incorrect. Recalling the first major alarm on increasing temperature was made probably during late 80s or early 90s. Fossil fuel already has a history of a near decade in usages then.(One outstanding scientist might already mentioned it back in late 10s or 30s but nobody understood what he meant back then. Fluffy sentence cushioned the impact was the impression, when i read the phrase quoted). Therefore, if this scenario where burning fossil fuel already has a near century history of usages before the earth is warming up noticeably is a concensus, then, burning fossil fuel alone might not be the main culprit of global warming. Massive development or changing of land usages and growth in population might contributed much more in comparison. When the target is incorrect, no amount of effort would hit the right outcome, is it not? The problem is probably much larger and harder to solve than expected..... Until a group of knows how is formed, this blind superficial hitting with climate might waste a lot of time, money, and yield not much favourable result. Edited March 9, 2023 by specinho Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM March 9, 2023 On 3/7/2023 at 6:11 PM, Ecocharger said: Oil and gasoline are in their golden years, with many decades of robust expansion ahead. Fossil fuels dominate the energy sector. https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Are-Set-To-Rise-Throughout-2023.html "Rising Chinese demand will be the main driver of higher crude prices this year. A 500,000 bpd drop in Russian crude output could tip the balance in global oil markets. IEA: global oil demand will hit a record high in 2023." latest news China’s crude oil imports averaged 10.4 million barrels per day (bpd) in January and February, down by 1.3% compared to the same months in 2022, according to official Chinese data in tons estimated in barrels by Reuters’ Asia Commodities and Energy Columnist Clyde Russell. The imports were also below the more than 11.3 million bpd in crude imports in November and December last year. your great demand of November and December of 2022 is turning out to be a bust in 2023....... a drop of a million barrels a day?......Peak Oil happened in 2019 2023 is shaping up to be a disaster for Oil... Price of Crude today shows a lack of demand Quote Share this post Link to post Share on other sites
specinho + 470 March 9, 2023 17 minutes ago, notsonice said: latest news China’s crude oil imports averaged 10.4 million barrels per day (bpd) in January and February, down by 1.3% compared to the same months in 2022, according to official Chinese data in tons estimated in barrels by Reuters’ Asia Commodities and Energy Columnist Clyde Russell. The imports were also below the more than 11.3 million bpd in crude imports in November and December last year. your great demand of November and December of 2022 is turning out to be a bust in 2023....... a drop of a million barrels a day?......Peak Oil happened in 2019 2023 is shaping up to be a disaster for Oil... Price of Crude today shows a lack of demand <--------- shallowed pockets.... Would like to appeal for a rest discussing price this way. Seasoned operators might believe oil and gas are too cheap to be appreciated. You are seeding an growing urge to increase the prices much much much further...... 'o' 'n' Those gullible government officers might mistaken these contents as an indicator to allow price hikes again, few times in a roll......... 'n' Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 9, 2023 15 hours ago, notsonice said: Peak Oil happened in 2019.....now you are at a plateau and the only path ahead is downhill..... Cash for Clunkers....is happening now when you trade in your clunker for an EV ...... EV Sales keep rocketing upward and ICE sales......enjoy the ride to the bottom in your clunker read it and weep it.... your demand BS is just BS the highlight......(please not stifle oil demand....and that is worldwide oil demand) ........Oil markets are now concerned that the Fed’s policy may be to raise interest rates higher and for longer, which would stifle economic growth and oil demand. Oil Extends Losses On Fed Hawkishness By Tom Kool - Mar 08, 2023, 12:19 PM CST Oil prices fell over 1% on Wednesday after fears of more aggressive rate hikes by the U.S. Federal Reserve continued to compound, with losses extending. On Tuesday, Federal Reserve Chairman Jerome Powell said the Fed would most likely find it necessary to raise interest more than expected to control inflation as a result of strong U.S. economic data. Fed funds futures traders interviewed by Reuters now see a 66% probability that the Fed will raise interest rates by 50 basis points at the next meeting on March 21-22. Prior to Powell’s Tuesday testimony before the U.S. Senate, traders put the probability of such a move at only 22%. The Fed’s hawkishness was putting downward pressure on crude oil prices on Tuesday and Wednesday. Oil markets are now concerned that the Fed’s policy may be to raise interest rates higher and for longer, which would stifle economic growth and oil demand. None of which is relevant to the points being raised...I guess you must be getting really desperate. As I expected. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL March 9, 2023 15 hours ago, notsonice said: and yet Brent crude gets hammered again today.... The Fed is in control and until they start dropping rates ...oil pays the price Fed dropping rates in 2023 ha ha ha 2024 ha ha ha 2025 crystal ball 2025 and the number of ICE vehicles on the road peaks .....Oil demand drops drops drops at the hand of EV's What happened to your touted GS call at the end of 2022 of $130 Brent??????? How much did you lose on a bet of $130 at year end?? what a joke Brent is at $82 with change today and the only thing holding up oil today is Sleepy Joes promised oil buy for the SPR in the future at $72....Sleepy Joe is your last hope for an increase in demand.....You should praise Sleepy Joe as he is your only hope...... Enjoy the transition to renewables....I am Again, you are totally off track...wake me up when you find something relevant to the issue. Quote Share this post Link to post Share on other sites
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