Ecocharger + 1,474 DL June 5, 2023 (edited) Most climate activists fail to consider the economic realities of the proposed "energy transition" and the true value of social costs associated with this fanciful transition. https://oilprice.com/Alternative-Energy/Renewable-Energy/Understanding-The-Economic-Realities-Behind-Wind-And-Solar-Energy.html "Energy modeling often overlooks important factors when evaluating renewable sources like wind and solar, including the association between high energy prices and the need for increased government debt. There are shortcomings in the Energy Return on Energy Investment (EROEI) model in assessing the value of renewables, particularly the omission of important factors like the mismatch of energy output timing and the necessity of energy storage. The true measure of the feasibility of renewables is the generation of taxable income without the need for subsidies, which, according to the author, is not the case with today's wind or solar energy." Edited June 5, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 June 5, 2023 (edited) A Blizzard Of Lies...financed by teacher's unions, intruding into world wide business model's. There can no longer be any doubts towards the massive failure of Green Energy...Teachers..for the love of god. https://www.carscoops.com/2023/06/why-u-s-pensions-funds-vote-against-re-election-of-toyota-chairman-akio-toyoda/ Why U.S. Pensions Funds Vote Against Re-election Of Toyota Chairman Akio Toyoda Edited June 5, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Boat + 1,324 RG June 6, 2023 4 hours ago, Ecocharger said: Most climate activists fail to consider the economic realities of the proposed "energy transition" and the true value of social costs associated with this fanciful transition. https://oilprice.com/Alternative-Energy/Renewable-Energy/Understanding-The-Economic-Realities-Behind-Wind-And-Solar-Energy.html "Energy modeling often overlooks important factors when evaluating renewable sources like wind and solar, including the association between high energy prices and the need for increased government debt. There are shortcomings in the Energy Return on Energy Investment (EROEI) model in assessing the value of renewables, particularly the omission of important factors like the mismatch of energy output timing and the necessity of energy storage. The true measure of the feasibility of renewables is the generation of taxable income without the need for subsidies, which, according to the author, is not the case with today's wind or solar energy." The economic reality is Russia, the Saudi and other FF exporting countries will lose their funding stream. Blame Elon Musk, Biden is napping. Besides it’s the Black man Obama who kicked y’all’s butt. Your just in denial. Quote Share this post Link to post Share on other sites
Ron Wagner + 710 June 6, 2023 (edited) On 6/3/2023 at 9:05 PM, Boat said: The stock market is high, unemployment low Inspite of a Coup attempt and a foreign war. The old man can nap and do less harm. Biden and the Dems are overspending and leading us into a an inflationary cycle where we cannot keep up with the interest on our debt. The Republicans are at least trying to lower some of the fat. The details of the Biden budget and the careless waste of money is abominable. They know that the poor will look to the Dems to save them if the economy crashes. Dems today are just socialists by another name and that ends very poorly. Edited June 6, 2023 by Ron Wagner Quote Share this post Link to post Share on other sites
Ron Wagner + 710 June 6, 2023 On 6/1/2023 at 8:36 PM, turbguy said: I don't know if I would personally place a nat gas compressor in a household-occupied structure. I feel the same with any current type of storage battery as well. The garage should be properly ventilated. I have Electric (generators) for emergencies plus a gasoline generator. Most homes have natural gas heat or stoves and they do rarely blow up. I have not heard of that happening with the home backup battery setups but it is certainly possible. Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 6, 2023 (edited) 1 hour ago, Ron Wagner said: Biden and the Dems are overspending and leading us into a an inflationary cycle where we cannot keep up with the interest on our debt. The Republicans are at least trying to lower some of the fat. The details of the Biden budget and the careless waste of money is abominable. They know that the poor will look to the Dems to save them if the economy crashes. Dems today are just socialists by another name and that ends very poorly. once again you are babbling BS Debt to GDP has been going down under Biden, Trump ran it up to 132 from 105 and Biden has brought it down to 1.185 at the end of the first quarter ( 10 percent less than what Trump left it at and today it is around 117. 2008 and the runup of the debt...Bushes Great Recession....... Debt to GDP is the real number to follow.......Trump and his loser base just do not understand basic economics. For the record Trump ran up the national debt by 7.8 Trillion dollars.......which is 25 percent of the national debt today. Please tell me how great the GOP has done on spending now..............Repbulicans are the trying to lower some fat??? Please step up and pay off your pal Trumps runup of the Debt Edited June 6, 2023 by notsonice 1 Quote Share this post Link to post Share on other sites
specinho + 470 June 6, 2023 (edited) 13 hours ago, notsonice said: the performance of old engines are tested to be more superior than most newly made cars???? they are already in superior condition.????? What a load of crap........do you just make up BS for free or are you paid to troll? This is from a user perspective. A car used for more than 30 years had engine power much better than most new cars produced by the same company under different brands. A normal grade local oil is good enough to run it in speed comparable to most luxury cars. From what perspective do you think it is BS? Edited June 6, 2023 by specinho Quote Share this post Link to post Share on other sites
specinho + 470 June 6, 2023 (edited) 1 hour ago, notsonice said: once again you are babbling BS Debt to GDP has been going down under Biden, Trump ran it up to 132 from 105 and Biden has brought it down to 1.185 at the end of the first quarter ( 10 percent less than what Trump left it at and today it is around 117. 2008 and the runup of the debt...Bushes Great Recession....... Debt to GDP is the real number to follow.......Trump and his loser base just do not understand basic economics. For the record Trump ran up the national debt by 7.8 Trillion dollars.......which is 25 percent of the national debt today. Please tell me how great the GOP has done on spending now..............Repbulicans are the trying to lower some fat??? Please step up and pay off your pal Trumps runup of the Debt What comprises the GDP used? Could you list them out so that we can have a look if the figure is not extrapolated using graph or chart with Projected production or so.... 'o' '-' Edited June 6, 2023 by specinho Quote Share this post Link to post Share on other sites
specinho + 470 June 6, 2023 11 hours ago, Ecocharger said: Most climate activists fail to consider the economic realities of the proposed "energy transition" and the true value of social costs associated with this fanciful transition. https://oilprice.com/Alternative-Energy/Renewable-Energy/Understanding-The-Economic-Realities-Behind-Wind-And-Solar-Energy.html "Energy modeling often overlooks important factors when evaluating renewable sources like wind and solar, including the association between high energy prices and the need for increased government debt. There are shortcomings in the Energy Return on Energy Investment (EROEI) model in assessing the value of renewables, particularly the omission of important factors like the mismatch of energy output timing and the necessity of energy storage. The true measure of the feasibility of renewables is the generation of taxable income without the need for subsidies, which, according to the author, is not the case with today's wind or solar energy." They are going all out, disregard of costs, may be. It is afterall money of others e.g........ The governments, the investors, the banks etc. If fail, they just need to run faster than lightning, without taking any responsibility, right? '-' 'n' Watched a video the other day regarding renewable energy. They recorded successful cases like "Y country runs fully in renewable energy for 5 hours"; " ....... for one day.."; "...... for a week... ".... 'o' '-' >.< Those jokers..... There is another case categorizing newly built Nuclear power station as renewable.... 'o' Not sure if it is because they have read a quote that says " half life for Uranium is millions of years....." ? 'o' +~+ Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP June 6, 2023 14 hours ago, Ecocharger said: Oil markets are robust going forward. https://oilprice.com/Energy/Energy-General/IEA-Warns-Of-Higher-Oil-Prices-After-OPEC-Announcement.html "OPEC+ has announced that it will extend its production cuts until 2024 while Saudi Arabia will reduce its production by 1 million bpd in July. Fatih Birol, the Executive Director of the IEA, has warned that oil prices are now likely to move higher due to the OPEC+ decision. The IEA was already expecting an imbalance in the oil market in the second half of the year, this move will worsen the supply-demand gap." How are oil markets robust when Saudi have had to cut another million barrels a day to boost the price? And as you state OPEC+ have extended the cuts in production until 2024 Surely the fact they have to do this means that its anything but robust and they are having to make these cuts to prop the price up. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 6, 2023 10 hours ago, specinho said: What comprises the GDP used? Could you list them out so that we can have a look if the figure is not extrapolated using graph or chart with Projected production or so.... 'o' '-' What comprises the GDP used?...your kidding me that you are asking this question. Do you have a basic understanding of macro economics???? Gross Domestic Product is just that .....A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 6, 2023 21 hours ago, Ecocharger said: Oil markets are robust going forward. https://oilprice.com/Energy/Energy-General/IEA-Warns-Of-Higher-Oil-Prices-After-OPEC-Announcement.html "OPEC+ has announced that it will extend its production cuts until 2024 while Saudi Arabia will reduce its production by 1 million bpd in July. Fatih Birol, the Executive Director of the IEA, has warned that oil prices are now likely to move higher due to the OPEC+ decision. The IEA was already expecting an imbalance in the oil market in the second half of the year, this move will worsen the supply-demand gap." Oil markets are robust going forward.????? oh you are drinking the Kool aid again... Reality the dead cat bounce in the price with the Saudi announcement is already passed and the price is falling again.... Production cuts are not a sign of robust demand China recession is not going to end anytime soon...get used to lower demand for oil EV's taking over the new car market will cause permanent lower demand for oil, each year for ever Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 7, 2023 23 hours ago, Boat said: The economic reality is Russia, the Saudi and other FF exporting countries will lose their funding stream. Blame Elon Musk, Biden is napping. Besides it’s the Black man Obama who kicked y’all’s butt. Your just in denial. The current climate panic will fade fast, reality will prevail....the EV craze will become a fad memory to rank with the hula-hoop. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 7, 2023 6 hours ago, notsonice said: Oil markets are robust going forward.????? oh you are drinking the Kool aid again... Reality the dead cat bounce in the price with the Saudi announcement is already passed and the price is falling again.... Production cuts are not a sign of robust demand China recession is not going to end anytime soon...get used to lower demand for oil EV's taking over the new car market will cause permanent lower demand for oil, each year for ever EVs are dead going forward...accept it. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 7, 2023 (edited) 14 hours ago, Rob Plant said: How are oil markets robust when Saudi have had to cut another million barrels a day to boost the price? And as you state OPEC+ have extended the cuts in production until 2024 Surely the fact they have to do this means that its anything but robust and they are having to make these cuts to prop the price up. Projections by the Biden folks call for major increase in oil demand going forward. I would trust your guy on this. Edited June 7, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ron Wagner + 710 June 7, 2023 18 hours ago, notsonice said: once again you are babbling BS Debt to GDP has been going down under Biden, Trump ran it up to 132 from 105 and Biden has brought it down to 1.185 at the end of the first quarter ( 10 percent less than what Trump left it at and today it is around 117. 2008 and the runup of the debt...Bushes Great Recession....... Debt to GDP is the real number to follow.......Trump and his loser base just do not understand basic economics. For the record Trump ran up the national debt by 7.8 Trillion dollars.......which is 25 percent of the national debt today. Please tell me how great the GOP has done on spending now..............Repbulicans are the trying to lower some fat??? Please step up and pay off your pal Trumps runup of the Debt Very interesting. Thank you for that info. The problem is that real inflation is rising at a rapid rate. The government no longer counts all the factors it has in the past. The dollar is worth less than ever. We have to pay interest on the national debt. If big spenders like Trump and Biden do not make government leaner we will have a major recession. GDP is inflated just as everything else is. The government is not any different than a family, it cannot spend more than it takes in and remain solvent forever. 1 Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 7, 2023 20 hours ago, Ron Wagner said: The garage should be properly ventilated. Agreed. Even better, outside the residence (same with a battery) in a separate structure. 1 Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 7, 2023 9 minutes ago, Ron Wagner said: Very interesting. Thank you for that info. The problem is that real inflation is rising at a rapid rate. The government no longer counts all the factors it has in the past. The dollar is worth less than ever. We have to pay interest on the national debt. If big spenders like Trump and Biden do not make government leaner we will have a major recession. GDP is inflated just as everything else is. The government is not any different than a family, it cannot spend more than it takes in and remain solvent forever. Ahh. But that platinum coin! 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 June 7, 2023 3 hours ago, turbguy said: Ahh. But that platinum coin! Chump change. Bobble Head Biden and Munchkin gang have fumbled the US so badly Trump will return. I can assure you the only way out of the financial debacle we are in would be tapping the Green River formation. Change is inevitable...what's coming will be quite Bigly! Can you Imagine green energy power generation being coined a " Stranded Asset" Quite odd actually. Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 7, 2023 5 hours ago, Ron Wagner said: Very interesting. Thank you for that info. The problem is that real inflation is rising at a rapid rate. The government no longer counts all the factors it has in the past. The dollar is worth less than ever. We have to pay interest on the national debt. If big spenders like Trump and Biden do not make government leaner we will have a major recession. GDP is inflated just as everything else is. The government is not any different than a family, it cannot spend more than it takes in and remain solvent forever. real debt info and real GDP info and you state The government no longer counts all the factors it has in the past???? based on what....you really are unable to deal with the facts that the ratio is going down under Biden so you babble .....The government no longer counts all the factors it has in the past.???????? Pure BS the real debt includes payments due for interest GDP goes up faster than the debt and you get a government that is more able to pay back what it owes ....so simple Now you do understand how the Fed monitized 7 trillion dollars in debt and the fed collects the interest from the Treasury and any profit that the Fed makes is given back to the Treasury....and now you know how the government gets more money debt free......unlike a family Oh and the Dollar stronger than ever...you really need to pay more attention 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 7, 2023 6 hours ago, Ecocharger said: Projections by the Biden folks call for major increase in oil demand going forward. I would trust your guy on this. r major increase in oil demand going forward.???? yet the Saudis have to to cut production again as the market is oversupplied in oil. Pesky EVs do not burn oil....enjoy and oil today...still falling same as demand..............China recession is not helping your oil demand increases babble any help 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP June 7, 2023 7 hours ago, Ecocharger said: Projections by the Biden folks call for major increase in oil demand going forward. I would trust your guy on this. I'm English mate, he aint my guy. 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP June 7, 2023 7 hours ago, Ecocharger said: Projections by the Biden folks call for major increase in oil demand going forward. I would trust your guy on this. Posted on Oil Price only yesterday even after the further OPEC+ cuts in production Large Builds In Product Inventories Force WTI Cruce Prices Lower https://oilprice.com/Latest-Energy-News/World-News/Large-Builds-In-Product-Inventories-Force-WTI-Cruce-Prices-Lower.html Ahh good old supply and demand, remember them? Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 7, 2023 8 hours ago, Eyes Wide Open said: Chump change. Bobble Head Biden and Munchkin gang have fumbled the US so badly Trump will return. I can assure you the only way out of the financial debacle we are in would be tapping the Green River formation. Change is inevitable...what's coming will be quite Bigly! Can you Imagine green energy power generation being coined a " Stranded Asset" Quite odd actually. Ahh.. seems that it's always: ...just two more weeks! 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,555 June 7, 2023 (edited) 1 hour ago, turbguy said: .just two more weeks! Two Weeks? Try 3 plus years! LMAO FBI chief Chris Wray refuses to say if he considered media coverage of Hunter Biden laptop ‘disinformation’ March 9, 2023 4:30pm Do you believe the Hunter Biden laptop story is disinformation?” Stefanik repeated her earlier question. “I don’t think there’s anything I can share on that in open setting,” Wray repeated his earlier answer. https://nypost.com/2023/03/09/fbi-chief-chris-wray-still-wont-vouch-for-hunter-biden-laptop-reports/ Edited June 7, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
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