GREEN NEW DEAL = BLIZZARD OF LIES

[specinho + 475]

3 hours ago, Ecocharger said:

Iranian oil supplies are about to be chopped off at the root. Thank you President Trump.

https://oilprice.com/Energy/Crude-Oil/Trump-Could-Cut-Chinas-Supply-Of-Cheap-Iranian-Oil.html

"India is likely to become the most important driver of oil demand growth in the coming years, taking the mantle from China. India’s oil demand growth is expected to exceed China’s for the first time in 2024, and continue in 2025. According to Kang Wu, global head of macro and oil demand research at SPGCI, India’s oil demand in the current year grew by 180,000 barrels per day, surpassing China’s growth at 148,000 bpd. India’s oil demand is expected to increase by 3.2% Y/Y in 2025 compared to a 1.7% clip by China. "

"Trump promised in his Republican National Convention speech to reduce Iranian oil exports. He said he had previously achieved this objective by linking it to trade; “I told China and other countries, if you buy from Iran, we will not let you do any business in this country and we will put tariffs on every product you do send in of 100% or more.” According to StanChart, Iranian oil is likely to play a key role in Trump’s wider China trade policy agenda.

"A Trump victory may see the United States enforce sanctions against Iran, thereby reducing Iranian oil exports and prompting oil prices higher," Vivek Dhar, a commodities strategist at Commonwealth Bank of Australia, said in a note."

1. clicked into the link to know what's the year of this promise made.....

Ah, it's before being elected.

Or, wondering if it could be a cut and paste work by the obem-hars team? Anything is possible with losers team of  imbxxxxe.... 

Clinton, however, is a patriot. He requested:" Help us to make it better." Disregard who wins, presumed.

Gentlemen, generally, can you differentiate  born american leaders and migrant born wannabes now?? ( Bid might be a mutant pushed up by chance.)

It is not a racist remark but differences in personality and aims of leadership when one is in power. 

 

2. If not mistaken, sanction on Iran has been removed since 2016, including Trump final approval on nov 2018.

https://en.m.wikipedia.org/wiki/International_sanctions_against_Iran#:~:text=of toughened sanctions.-,On 8 May 2018%2C U.S. President Donald Trump announced that,on countries trading with Iran.

EU encourages its members to invest in Iran. Why is this brought up again? 

Turkey is allowed to have nuclear because they have been turned christians, from conservative muslims, overnight?? And Iran a hard core muslim country??

Will do it one more time, turn them christians overnight change things?? 'o' +~+

[Ecocharger + 1,487]

Oil prices are soaring in response to hot demand...a recurring story and one which is likely to preoccupy the headlines going forward.

https://oilprice.com/Energy/Crude-Oil/Oil-Rallies-Despite-Large-Jump-in-Fuel-Inventories.html

"Oil prices, meanwhile, ticked higher today, in the first trading session of the new year, following a declaration by China’s president that the government will do more to stimulate economic growth. The pledge was unsurprisingly taken as bullish for oil demand."

"Earlier in the week, the EIA issued another bullish message for oil traders, reporting that demand for crude oil in the United States had reached the highest level since the pandemic in October, hitting 21.01 million barrels daily."

[TailingsPond + 1,013]

On 12/31/2024 at 7:21 PM, Ecocharger said:

Iranian oil supplies are about to be chopped off at the root. Thank you President Trump.

https://oilprice.com/Energy/Crude-Oil/Trump-Could-Cut-Chinas-Supply-Of-Cheap-Iranian-Oil.html

[]

"A Trump victory may see the United States enforce sanctions against Iran, thereby reducing Iranian oil exports and prompting oil prices higher," Vivek Dhar, a commodities strategist at Commonwealth Bank of Australia, said in a note."

First off Trump is not POTUS yet. Secondly, only thank him when him when it actually happens. 

"A Trump victory may see the United States enforce sanctions against Iran."

What did Trump actually get done during his first term? MAGA LOL.  Drain the swamp? Win a trade war?

Now he said he would become a dictator on day one.  Also said claimed he could end the Russian war on Ukrainian war with one phone call.

How stupid are you?

 

[TailingsPond + 1,013]

11 minutes ago, Ecocharger said:

Oil prices are soaring in response to hot demand...a recurring story and one which is likely to preoccupy the headlines going forward.

https://oilprice.com/Energy/Crude-Oil/Oil-Rallies-Despite-Large-Jump-in-Fuel-Inventories.html

"Oil prices, meanwhile, ticked higher today, in the first trading session of the new year, following a declaration by China’s president that the government will do more to stimulate economic growth. The pledge was unsurprisingly taken as bullish for oil demand."

"Earlier in the week, the EIA issued another bullish message for oil traders, reporting that demand for crude oil in the United States had reached the highest level since the pandemic in October, hitting 21.01 million barrels daily."

Any economist knows you need to look at longer term trends.  Prices are not soaring bud. The price is LOWER than your last post bragging about rising oil prices.

 

[TailingsPond + 1,013]

On 12/27/2024 at 2:42 PM, Ecocharger said:

Demand for oil is ramping up and oil prices are rising.

."Oil prices were rising toward the end of the week, with WTI breaking back above $70 and Brent trading at $73.72. Optimism surrounding China's economic growth after Beijing agreed to issue special treasury bonds worth roughly $411 billion helped to spark bullish sentiment in markets this week. Prices then rose even further on expectations of a crude draw in the U.S...."

Look at your post from the 27th.  Oil peaked at $73.72 that day.

It is now LOWER! Down is not up.

73.13 < 73.72

Try using math.

Edited Thursday at 11:02 PM by TailingsPond

[notsonice + 1,266]

On 12/31/2024 at 3:24 PM, Ecocharger said:

Europe is increasing its imports of oil for transportation, that's right increasing, which means upwards, not downward. Duh.https://ec.europa.eu/eurostat/web/products-eurostat-news/w/ddn-20240923-1

Europe is increasing its imports of oil for transportation?????

 

not according to the  charts you posted ....

and the link you posted...gotta love the title

NEWS ARTICLES 23 September 2024

Drop in imports of energy products to the EU

 

you did look at the charts you posted?????? because if you did you will see  imports of Oils was down in 2023 and down again in 2024 ( down over 5 percent each year)

 which means upwards, not downward. Duh.??????? What are you babbling about.......You should get your eyes checked.........Mr. Magoo

natural gasoline was also down

 LNG also down.............

Try looking at your chart before you post it. And you got an Econ degree???? from an accredited institution??????

You make Tailings Pond look smart.................and his lightbulb burned out years ago.........

 

Edited 14 hours ago by notsonice

[Old-Ruffneck + 1,258]

47 minutes ago, TailingsPond said:

Look at your post from the 27th.  Oil peaked at $73.72 that day.

It is now LOWER! Down is not up.

73.13 < 73.72

Try using math.

Please re-read his post, "WTI breaking back above $70 and Brent trading at $73.72"  Today WTI closed at your 73.13 and Brent closed at 75.93. You can see you transposed his numbers. An apology is in order, yes?

[TailingsPond + 1,013]

44 minutes ago, Old-Ruffneck said:

Please re-read his post, "WTI breaking back above $70 and Brent trading at $73.72"  Today WTI closed at your 73.13

You re-read his posts.

The $73.72 post was his post from Dec 27th.  He now posts on Jan 2nd that oil is rising despite the fact it is lower.

An apology is in order, yes?  

Edited yesterday at 12:36 AM by TailingsPond

[TailingsPond + 1,013]

The oil companies know the future is electric.

https://oilprice.com/Energy/Crude-Oil/Shale-Firms-Stick-to-Discipline-Despite-Trumps-Drilling-Plans.html

“We're not going to see anybody in 'drill, baby, drill' mode," ExxonMobil Upstream President Liam Mallon said at the end of November.

“A radical change (in production) is unlikely because the vast majority, if not everybody, is focused on the economics of what they're doing"

[Ecocharger + 1,487]

Oil prices are soaring, a sign of robust demand factors. Onward and upward.

https://oilprice.com/Energy/Energy-General/Signs-of-Optimism-in-Oil-Markets-as-a-New-Year-Begins.html

"Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China's attempts to stimulate its economy."

"The gradual return of oil market participants from the New Year’s Eve holidays has been marked with tacit optimism as US stock draws tightened product availability just as cold snaps are threatening both Europe and the US. Meanwhile, China’s vows to be more proactive with stimulus measures have lifted the spirits of those who gave up on more robust policy"

[TailingsPond + 1,013]

1 hour ago, Ecocharger said:

Oil prices are soaring, a sign of robust demand factors. Onward and upward.

https://oilprice.com/Energy/Energy-General/Signs-of-Optimism-in-Oil-Markets-as-a-New-Year-Begins.html

"Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China's attempts to stimulate its economy."

 

https://oilprice.com/Energy/Energy-General/US-Drillers-Start-Out-The-New-Year-With-A-Wimper.html

"The total rig count remained flat at 589 total rigs, according to Baker Hughes, down 32 from this same time last year."

[Ecocharger + 1,487]

Price of oil is soaring, partly due to the implemention of existing policies.

This trend should continue and be increased under the incoming Trump administration.

https://oilprice.com/Latest-Energy-News/World-News/Middle-East-Crude-Prices-Surge-as-Supply-From-Iran-and-Russia-Falls.html

"In October, the United States began ratcheting up sanctions on entities and vessels transporting Iranian oil. Two months ago, the U.S. Treasury and State Department designated several companies, based in Suriname, India, Malaysia, and China, for “knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.”

The new U.S. sanctions on Iran “include measures against the “Ghost Fleet” that carries Iran’s illicit oil to buyers around the world,” National Security Advisor Jake Sullivan said."

[Ecocharger + 1,487]

Reality is beginning to break through with the expectations of the incoming Trump administration's policies.

Several banks are abandoning the foolish anti-carbon coalition and returning to sanity.

https://oilprice.com/Energy/Energy-General/Morgan-Stanley-Joins-US-Bank-Exodus-from-Climate-Coalition.html

"Yesterday evening, Morgan Stanley became the latest US bank to depart from the Net Zero Banking Alliance, as pressure increasingly mounted on financial institutions from Republican lawmakers.

Despite leaving the alliance, Morgan Stanley said in a statement that the bank’s commitment to meeting its carbon targets “remains unchanged”.

Citigroup and Bank of America also left the group earlier this week, while Wells Fargo and Goldman Sachs departed earlier in December."