GREEN NEW DEAL = BLIZZARD OF LIES

[notsonice + 1,176]

9 minutes ago, Ecocharger said:

Plastics are valuable sources for marketable products.

It is time to terminate the verbal pollution regarding plastics and embrace the value of fossil fuels.

https://oilprice.com/Energy/Energy-General/Plastic-Waste-Becomes-Clean-Hydrogen-Goldmine.html

"A technique called flash joule heating at Rice University can convert plastic waste, even unsorted and unwashed, into clean hydrogen and valuable graphene.

If sold at just 5% of its market value, the graphene produced could make the hydrogen essentially free, provided the process is powered by renewable energies.

While green hydrogen offers significant potential for decarbonization, especially in high-heat industrial applications, its production requires vast amounts of clean energy, necessitating a balanced approach to its adoption."

so is there a commercial plant that buys up unwanted plastics?????

nope as the research is just research and has not been scaled up

until then Plastics are the biggest sort of solid pollution man has ever made

Please collect all the plastics you can ....you will be rich ....just think of all the oil you will be producing....

Plastics are valuable sources for marketable products.???????? I have a bridge to sell you.....real cheap

 

 

[Rob Plant + 2,698]

8 hours ago, Ecocharger said:

Plastics are valuable sources for marketable products.

It is time to terminate the verbal pollution regarding plastics and embrace the value of fossil fuels.

https://oilprice.com/Energy/Energy-General/Plastic-Waste-Becomes-Clean-Hydrogen-Goldmine.html

"A technique called flash joule heating at Rice University can convert plastic waste, even unsorted and unwashed, into clean hydrogen and valuable graphene.

If sold at just 5% of its market value, the graphene produced could make the hydrogen essentially free, provided the process is powered by renewable energies.

While green hydrogen offers significant potential for decarbonization, especially in high-heat industrial applications, its production requires vast amounts of clean energy, necessitating a balanced approach to its adoption."

Wow are you actually praising green energies like hydrogen?

Plastic waste is a potential resource that needs to be utilised ASAP instead of polluting the seas and killing wildlife, on that we agree totally. However as Notsonice says there just arent any plants built to do this yet, but they should be and quick.

Edited October 27, 2023 by Rob Plant

[Rob Plant + 2,698]

15 hours ago, Ecocharger said:

If they had a solution it would not take the projected five years to solve the problem....something does not add up there.

It isnt 5 years, its 3-4 years and thats for mass production. I'm guessing they have to build a battery manufacturing plant for a new technology and that doesnt happen overnight!!

So lets say it is 5 years and the cost of the battery is halved as they claim making EV's way cheaper and you can drive 750 miles and recharge in 10 minutes. Do you think that is more or less appealing to Joe public?? I know what I think.

If, and it is still an if until they are mass produced, this battery makes it into cars by 2028 then EV sales will truly explode and quickly dominate the vehicle market.

[Ecocharger + 1,411]

19 hours ago, Rob Plant said:

It isnt 5 years, its 3-4 years and thats for mass production. I'm guessing they have to build a battery manufacturing plant for a new technology and that doesnt happen overnight!!

So lets say it is 5 years and the cost of the battery is halved as they claim making EV's way cheaper and you can drive 750 miles and recharge in 10 minutes. Do you think that is more or less appealing to Joe public?? I know what I think.

If, and it is still an if until they are mass produced, this battery makes it into cars by 2028 then EV sales will truly explode and quickly dominate the vehicle market.

Joe Public is fed up with EVs which are in trouble with sales.

But the oil industry has a long future ahead of it.

https://www.reuters.com/markets/commodities/saudi-oil-minister-deflects-blame-rising-prices-kemp-2023-09-19/

"Slower oil production and faster consumption have combined to transform the outlook for inventories, prices and calendar spreads:

U.S. commercial crude inventories, the most visible part of the global market, have fallen in seven of the most recent ten weeks, by a total of 32 million barrels since the end of June.

Front-month Brent futures prices have averaged more than $91 per barrel (59th percentile for all months since 2000) so far in September, up from $75 (41st percentile) in June, after adjusting for inflation.

Brent’s six-month calendar spread has tightened into a backwardation averaging $4.50 per barrel (94th percentile) in September from $1.33 (53rd percentile) in June."

Edited October 28, 2023 by Ecocharger

[footeab@yahoo.com + 2,175]

2 hours ago, Ecocharger said:

Joe Public is fed up with EVs which are in trouble with sales.

Erm... not exactly.  Joe Public is fed up with CRAP EV's, which are worse than their ICE cars in every way.

FOR a product replacement to happen they must be SUPERIOR.  EV's in the short term are NOT superior in any manner unless you live in a VERY sunny state, and have a gargantuan solar array+ Battery backup equivalent to size of EV battery or a large portion thereof.  Then EV's make sense.  Go drive by a charging station(TESLA) in a part of town where you see many TESLA's... there is a LINE waiting.  Charging any other way, other than AT HOME, is PAINFUL and an UTTER Waste of your life.  No one can spend hours charging their EV... Out in suburbs where everyone has their own garage... this works, but this is NOT the general population. 

[TailingsPond + 564]

13 hours ago, Ecocharger said:

"Slower oil production and faster consumption have combined to transform the outlook for inventories, prices and calendar spreads:

 

 

Slower production you say, perhaps from the cuts?

If you read the article you posted the cuts you deny are discussed:

"The extra production cuts announced by Saudi Arabia and Russia will have removed a total of 125 million barrels of crude from the market by the end of September and 245 million by the end of December, if implemented in full."

Funny how you choose to not copy and paste that portion of the article.

Edited October 28, 2023 by TailingsPond

[Eyes Wide Open + 3,552]

On 10/26/2023 at 4:30 PM, notsonice said:

 

 

 

 

[Eyes Wide Open + 3,552]

Siemens Gamesa is having big wind turbine problems – why this is really bad

Even though it should be clear to everyone, I would like to emphasise again how bitter this is for all of us.

Michelle Lewis | Jun 23 2023 - 12:54 pm PT

The result of the current review will be much worse than even I would have thought possible.

The quality problems go well beyond what had been known hitherto, in particular in onshore.

We are tackling the topic but it is time consuming and it comes at a cost.

Even though it should be clear to everyone, I would like to emphasise again how bitter this is for all of us.

 

https://electrek.co/2023/06/23/siemens-gamesa-big-wind-turbine-problems/

Edited October 28, 2023 by Eyes Wide Open

[turbguy + 1,506]

On 10/27/2023 at 4:50 AM, Rob Plant said:

It isnt 5 years, its 3-4 years and thats for mass production. I'm guessing they have to build a battery manufacturing plant for a new technology and that doesnt happen overnight!!

So lets say it is 5 years and the cost of the battery is halved as they claim making EV's way cheaper and you can drive 750 miles and recharge in 10 minutes. Do you think that is more or less appealing to Joe public?? I know what I think.

If, and it is still an if until they are mass produced, this battery makes it into cars by 2028 then EV sales will truly explode and quickly dominate the vehicle market.

While such a battery could be possible, the recharge process to put, say 150 KWh into a battery in 10 minutes, requires a power input of about 900 KW.  At a charge voltage of say, 600 VDC, that's about 1500 amps.

Do you like handling about 40 lbs of copper buss in the connector?  Along with the 40 lbs of water-cooled cord? 

Do you like wearing an arc-flash suit when connecting/disconnecting the "plug"?

Hopefully, that connector also provides cooling water for the battery during charging.

[Ecocharger + 1,411]

On 10/28/2023 at 3:14 PM, TailingsPond said:

Slower production you say, perhaps from the cuts?

If you read the article you posted the cuts you deny are discussed:

"The extra production cuts announced by Saudi Arabia and Russia will have removed a total of 125 million barrels of crude from the market by the end of September and 245 million by the end of December, if implemented in full."

Funny how you choose to not copy and paste that portion of the article.

Bottom line is that despite production cuts, total production has increased to meet higher demand for oil.

You cannot avoid explaining how cuts leads to higher output.

[Jay McKinsey + 1,490]

7 hours ago, Ecocharger said:

Bottom line is that despite production cuts, total production has increased to meet higher demand for oil.

You cannot avoid explaining how cuts leads to higher output.

It is extremely easy to explain. OPEC cut which increased prices and the US and others increased production more than the cuts.

Edited October 30, 2023 by Jay McKinsey

[Rob Plant + 2,698]

On 10/28/2023 at 9:40 AM, footeab@yahoo.com said:

Erm... not exactly.  Joe Public is fed up with CRAP EV's, which are worse than their ICE cars in every way.

FOR a product replacement to happen they must be SUPERIOR.  EV's in the short term are NOT superior in any manner unless you live in a VERY sunny state, and have a gargantuan solar array+ Battery backup equivalent to size of EV battery or a large portion thereof.  Then EV's make sense.  Go drive by a charging station(TESLA) in a part of town where you see many TESLA's... there is a LINE waiting.  Charging any other way, other than AT HOME, is PAINFUL and an UTTER Waste of your life.  No one can spend hours charging their EV... Out in suburbs where everyone has their own garage... this works, but this is NOT the general population. 

This says otherwise

According to the US Bureau of the Census 2017 American Housing Survey, 66% of all occupied housing units in the United States had a garage or carport in 2017. Garages and carports often have access to electricity for parked vehicles, so these data are important for electric vehicle studies.

Just the 220million people then that can charge their EV in their garage.

[Ecocharger + 1,411]

5 hours ago, Jay McKinsey said:

It is extremely easy to explain. OPEC cut which increased prices and the US and others increased production more than the cuts.

So net result is more oil produced, which means that higher oil demand has forced oil production to increase despite the projected cuts.

Case closed.

[Ecocharger + 1,411]

1 hour ago, Rob Plant said:

This says otherwise

According to the US Bureau of the Census 2017 American Housing Survey, 66% of all occupied housing units in the United States had a garage or carport in 2017. Garages and carports often have access to electricity for parked vehicles, so these data are important for electric vehicle studies.

Just the 220million people then that can charge their EV in their garage.

Major upgrades are necessary. 

[Ecocharger + 1,411]

World Bank sees oil demand strong going forward and probably higher oil prices.

https://oilprice.com/Energy/Energy-General/World-Bank-Major-Escalation-In-Israel-Hamas-War-Could-Send-Oil-Soaring-To-157.html

"The World Bank sees oil prices averaging $81 per barrel in 2024 if there isn’t a major disruption due to the Israel-Hamas war.

If the Israel-Hamas war were to escalate into a major regional conflict, the World Bank believes prices could climb as high as $157.

The World Bank’s other scenarios in which the escalation in the region isn’t as drastic have oil trading anywhere from $93 to $121."

Edited October 30, 2023 by Ecocharger

[Jay McKinsey + 1,490]

2 minutes ago, Ecocharger said:

So net result is more oil produced, which means that higher oil demand has forced oil production to increase despite the projected cuts.

Case closed.

Nope, there is far more at play which any economist knows. There are policy considerations that if a party is willing to keep cutting then the time to invest and open up more oil production is now and force them to cut even more. It is about taking share.

[Ecocharger + 1,411]

9 minutes ago, Jay McKinsey said:

Nope, there is far more at play which any economist knows. There are policy considerations that if a party is willing to keep cutting then the time to invest and open up more oil production is now and force them to cut even more. It is about taking share.

Your observation is not supported by any business reports...just your own imagination, Jay.

Oil companies respond to the market, if market demand increases, production increases.

[Jay McKinsey + 1,490]

1 minute ago, Ecocharger said:

Your observation is not supported by any business reports...just your own imagination, Jay.

Oil companies respond to the market, if market demand increases, production increases.

Oh such simplistic understanding of business and economics you have. My observations are supported by all of economic and business history. If your competitor wants to give up share then you go for it.

[Rob Plant + 2,698]

16 minutes ago, Ecocharger said:

Your observation is not supported by any business reports...just your own imagination, Jay.

Oil companies respond to the market, if market demand increases, production increases.

Saudi have to have oil north of $80/b otherwise they dont balance the books and cant manage their countries budget expectations.

They cut production to prop up the price and therefore sacrifice market share.

[Ecocharger + 1,411]

1 hour ago, Jay McKinsey said:

Oh such simplistic understanding of business and economics you have. My observations are supported by all of economic and business history. If your competitor wants to give up share then you go for it.

You are looking at personal subjective statements which often conflict with market realities...not acceptable for a genuine economist, old man.

[Ecocharger + 1,411]

1 hour ago, Rob Plant said:

Saudi have to have oil north of $80/b otherwise they dont balance the books and cant manage their countries budget expectations.

They cut production to prop up the price and therefore sacrifice market share.

The end result is that oil production has increased in response to increased oil demand....

Edited October 30, 2023 by Ecocharger

[Jay McKinsey + 1,490]

8 minutes ago, Ecocharger said:

The end result is that oil production has increased in response to increased oil demand....

No, oil production has been increased because one participant has been ceding share and multiple others have been racing to fill the vacuum. This leads to an increase in overall production.

If demand were increasing then why are the Saudi's cutting production?

Edited October 30, 2023 by Jay McKinsey

[Ecocharger + 1,411]

10 minutes ago, Jay McKinsey said:

No, oil production has been increased because one participant has been ceding share and multiple others have been racing to fill the vacuum. This leads to an increase in overall production.

If demand were increasing then why are the Saudi's cutting production?

The world oil market is not controlled by one player, you are really confused about that. Other producers are responding to powerful demand for oil and production has increased.

You skipped Industrial Organization courses?

Edited October 30, 2023 by Ecocharger

[Eyes Wide Open + 3,552]

39 minutes ago, Ecocharger said:

You skipped Industrial Organization courses?

Edited 35 minutes ago by Ecocharger

Ohh perhaps, yet selective hearing is a well known phenomena...I might suggest selective reasoning is being played out...Go Figure!

[notsonice + 1,176]

50 minutes ago, Ecocharger said:

The world oil market is not controlled by one player, you are really confused about that. Other producers are responding to powerful demand for oil and production has increased.

You skipped Industrial Organization courses?

The world oil market is not controlled by one player??????
 

Have you heard about the one player called OPEC?????

they have been doing there best at controlling the world oil market for the past 50 years

Price of oil today....direct result of OPEC and their collective cut in production

Thank God they do not control technology.....specifically batteries and EV's

 

the future for Oil at the mercy of EV's .....If you are sitting on oil in the ground you do not want to hold on forever as stranded assets are the future for oil...ask any major oil company....they are not waiting for the future...they are producing all they can for todays market except OPEC

Iran's oil reserves.............stranded assets by sanctions.........and they can do nothing about it

Look at the Coal market in the US

470 billion short tons of coal in reserves and demand of 470 million tons a year........ a 1000 year supply today......

what are coal reserves in the US worth today?????? diddly unless they are met coal quality

Oil is following the same path as Coal

Oil Shale value today???? diddly even though some call them reserves.....

 

all oil has left is a dead cat bounce in demand

2025 ....ICE vehicles total numbers around the world start to decline and so does oil demand

Enjoy the Green transition.....