GREEN NEW DEAL = BLIZZARD OF LIES

[TailingsPond + 562]

On 10/30/2023 at 3:06 PM, Ecocharger said:

Demand is obviously increasing, just look at the market...inventories below average..

And production is increasing. And prices solid.

With the failure of EVs, demand for good old gasoline is ramping up.

 

October 30th was not long ago.

Just 8 days later and you're easily proven wrong.

 

Edited November 7, 2023 by TailingsPond

[notsonice + 1,175]

58 minutes ago, TailingsPond said:

October 30th was not long ago.

Just 8 days later and you're easily proven wrong.

 

demand for good old gasoline is ramping up....

Ecochump is wrong as usual

gasoline demand world wide is super weak

WTI is primarily  cracked for Gasoline

WTI is dropping hard right now

gas at the pump....in my neck of the woods is at $2.55 a gallon

 

gasoline on the futures is falling hard at $2.17

 

so much for the guy who claims ......

demand for good old gasoline is ramping up.........

 

EVs/hybrids are insuring that gasoline demand is going to fall for the next 30 years

Peak Gasoline happened 2018

Enjoy the EV boom

 

[Ecocharger + 1,409]

3 hours ago, TailingsPond said:

October 30th was not long ago.

Just 8 days later and you're easily proven wrong.

 

We are seeing the effect of high interest rates beginning to slow down the economy, in other words, recession is beginning to be felt.

Just in time for the next election cycle, and the biting restrictions on normal living being threatened by the current gang in the White House will bring about just retribution.

[Ecocharger + 1,409]

The climate nonsense is beginning to fade and weaken in the corporate sector.

It is long past time for this ridiculous noise to come to an end. As usual, the "scientists" supporting deranged activism are not identified by name. And for good reason.

https://www.reuters.com/sustainability/climate-energy/us-investors-rebuff-big-oil-climate-shareholder-resolutions-2023-11-06/

"According to the data published by it and investors, giant U.S. investors BlackRock (BLK.N), Vanguard, State Street (STT.N) and JPMorgan (JPM.N) all voted against the Follow This resolutions this year.

The resolutions asked the groups to align their 2030 end-use emissions targets with the Paris goal of keeping warming well below 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial levels, which scientists say will mean cutting greenhouse gas emissions by around 43% from 2019 levels."

Edited November 7, 2023 by Ecocharger

[Old-Ruffneck + 1,185]

3 hours ago, TailingsPond said:

$77.56

It drops so fast. 

Insane demand I tell ya. "$100 by the new year" 

Be careful with your joking around.....If Iran can get the other Arab OPEC nations to turn off the valves to the west, you'll see much higher than 100 a bbl. The markets on a daily basis change up and down. Today is down, tomorrow might be a different scenario. I do remember the 73 embargo.....and the long assed lines at the pumps if they had any to sell. Just be cautious, and optimistic as lower crude eventually makes it down to us lil'guys that use it in everyday business. 

[notsonice + 1,175]

9 minutes ago, Ecocharger said:

The climate nonsense is beginning to fade and weaken in the corporate sector.

It is long past time for this ridiculous noise to come to an end. As usual, the "scientists" supporting deranged activism are not identified by name. And for good reason.

https://www.reuters.com/sustainability/climate-energy/us-investors-rebuff-big-oil-climate-shareholder-resolutions-2023-11-06/

"According to the data published by it and investors, giant U.S. investors BlackRock (BLK.N), Vanguard, State Street (STT.N) and JPMorgan (JPM.N) all voted against the Follow This resolutions this year.

The resolutions asked the groups to align their 2030 end-use emissions targets with the Paris goal of keeping warming well below 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial levels, which scientists say will mean cutting greenhouse gas emissions by around 43% from 2019 levels."

The climate nonsense is beginning to fade???

 

Bullshit....it is only fading with those living in denial

 

It is long past time for this ridiculous noise to come to an end???

who cares what you think......you can whine all you want, the rest of US are dealing with man made Climate change

[Ecocharger + 1,409]

EVs remain an economic dead weight, demand is falling for EVs and government subsidies for buyers are set to come off in Germany, which will likely mean declining sales of private EVs as in Britain.

https://oilprice.com/Energy/Energy-General/Is-The-EV-Revolution-Still-Happening.html

"In Europe, meanwhile, EV subsidies are being reduced in the biggest market for the vehicles: Germany. From January next year, prospective EV buyers will receive 1,500 euro less in state support for cars that cost up to 40,000 euro. That's equal to about $1,600. Per BloombergNEF, this might affect sales negatively. Per common sense, the reduction will undoubtedly affect EV sales negatively.

There is also the issue of insurance for EVs. In the U.S., as a total, EV insurance rates are modestly higher than insurance rates for ICE cars, but it varies considerably from state to state. In the UK, EV insurance premiums have soared by two-thirds over the past year, and some insurers are refusing to provide cover for electric cars altogether.

The problem is potentially serious and might have an even greater effect on EV purchases than charger problems do. The reason insurers are not fans of EVs is the higher costs they have to incur on EV claims compared with ICE car-related claims.

First, there is the battery, which might get damaged seriously in even a minor collision. Because there is no way to check whether the battery has been damaged, insurers have had to write off EVs after minor collisions. Electronics in EVs are also much more expensive to fix than electronics in ICE cars. In short, EV coverage has become too expensive for some insurers."

Edited November 8, 2023 by Ecocharger

[Ecocharger + 1,409]

EVs are too expensive and unworkable.

https://www.businessinsider.com/auto-executives-coming-clean-evs-arent-working-2023-10?international=true&r=US&IR=T

"With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term.

Several C-Suite leaders at some of the biggest carmakers voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk."

Edited November 8, 2023 by Ecocharger

[Rob Plant + 2,697]

11 hours ago, Ecocharger said:

We are seeing the effect of high interest rates beginning to slow down the economy, in other words, recession is beginning to be felt.

Just in time for the next election cycle, and the biting restrictions on normal living being threatened by the current gang in the White House will bring about just retribution.

Does that recession not impact on EV sales as well???

Just asking for a friend

[Rob Plant + 2,697]

On 11/1/2023 at 3:06 PM, Ecocharger said:

Only you could deny that an increase in production is not an increase in production...but I am not surprised, having come to expect your fractured logic.

China's Oil Demand Weakens

https://oilprice.com/Latest-Energy-News/World-News/Chinas-Oil-Demand-Weakens.html

[footeab@yahoo.com + 2,174]

4 hours ago, Rob Plant said:

China's Oil Demand Weakens

https://oilprice.com/Latest-Energy-News/World-News/Chinas-Oil-Demand-Weakens.html

And SE ASIA Oil Demand Strengthens.  Jobs/industry lost in China is going to SE Asia.  It is a ~wash

https://www.baseoilnews.com/market-signals/demand-outlook/asia-base-oils-demand-outlook-6nov2023

"  Demand falls from year-earlier levels but still holds at third-highest level in past decade." 

If you look at graph it is at peak across the region, but barely below 2022 Peak levels

We are in a recession, or at least appearance of one.  Not surprising due to high inflation. 

[Ecocharger + 1,409]

6 hours ago, Rob Plant said:

Does that recession not impact on EV sales as well???

Just asking for a friend

Looks like it probably has.

We are already into a recession.

https://oilprice.com/Energy/Energy-General/Diesel-Demand-Shows-Signs-Of-Faltering.html

"...the manufacturing sector is weak—weaker in October than most analysts had anticipated.

Economic activity in the manufacturing sector contracted in October for the 12th consecutive month, the Institute for Supply Management said last week in its latest Manufacturing ISM Report On Business. The contraction was more than what analysts had expected, and the index registered 46.7% in October, 2.3 percentage points lower than the 49% recorded in September.

In September, the readings—while still showing contraction—were more optimistic than they were in the spring and summer. Observers were cautiously optimistic that the manufacturing sector could be on the brink of starting a new expansionary cycle after 11 months of contraction. Such expansion could have boosted diesel consumption too, considering the fact that diesel tends to be closely related to manufacturing and transportation of goods.

However, the October ISM data was sobering—not only did the sector show contraction, but it was deeper than expected.

“Of the six biggest manufacturing industries, only one — Food, Beverage & Tobacco Products — registered growth in October,” said Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee.

Continued weakness in U.S. manufacturing could dent some diesel demand. "

Edited November 8, 2023 by Ecocharger

[TailingsPond + 562]

20 hours ago, Old-Ruffneck said:

Be careful with your joking around.....If Iran can get the other Arab OPEC nations to turn off the valves to the west, you'll see much higher than 100 a bbl. The markets on a daily basis change up and down. Today is down, tomorrow might be a different scenario. I do remember the 73 embargo.....and the long assed lines at the pumps if they had any to sell. Just be cautious, and optimistic as lower crude eventually makes it down to us lil'guys that use it in everyday business. 

I highly doubt that would happen, those nations need to sell oil to make money.  They do production cuts to sell less oil but at higher prices.  Selling almost no oil at super high prices doesn't make money.

Insane oil prices due to political instability would also make green energy and EV's more desirable.  Why let Iran etc. have any control of our economies? 

Fact is right now the oil markets are dropping fast and have for days straight. $74.97 now... Hopefully you get some cheap diesel.  The refineries could just enjoy the cheap feed-stock and hog extra profit.

 

[TailingsPond + 562]

2 hours ago, Ecocharger said:

Looks like it probably has.

We are already into a recession.

So you accept EV sales softening is not due to the EV's themselves but due to market factors you failed to predict?

You have to accept your "predictions" were garbage.  You don't look at actual market forces, you just continually repeat the same biased lines about how "oil is strong and EV's are dead."

$83.00 to $75.00 in just 5 days.  -9.64% in just 5 days... what a great investment!

Can't pretend to be and economist if you don't look at the math occasionally.

 

[TailingsPond + 562]

On 11/4/2023 at 10:34 AM, Ecocharger said:

As soon as the climate scam becomes widely known, the political culture will move accordingly into a fossil fuel friendly mode.

Any day now!

You've been listening to eyes shut too much.

Edited November 8, 2023 by TailingsPond

[Eyes Wide Open + 3,550]

1 hour ago, TailingsPond said:

Any day now!

Well one could start here...Just another  blip on the radar I assume?

 

Nations That Vowed to Halt Warming Are Expanding Fossil Fuels, Report Finds

https://www.nytimes.com/2023/11/08/climate/fossil-fuels-expanding.html

Stockholm, 8 November 2023 – A major new report published today finds that governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C.

Governmens plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows

 

https://www.unep.org/news-and-stories/press-release/governments-plan-produce-double-fossil-fuels-2030-15degc-warming

Edited November 8, 2023 by Eyes Wide Open

[TailingsPond + 562]

37 minutes ago, Eyes Wide Open said:

Well one could start here...Just another  blip on the radar I assume?

Nations That Vowed to Halt Warming Are Expanding Fossil Fuels, Report Finds

https://www.unep.org/news-and-stories/press-release/governments-plan-produce-double-fossil-fuels-2030-15degc-warming

 

That is not them abandoning green energy or exposing a "climate scam."

Try reading the articles, they are still committed to the science, they are just saying the action is too slow and needs improvement.   If a report came out saying the murder rate went up would you think people are abandoning laws against murder?

Nobody said it would be easy.  Thankfully visionaries do not avoid difficult tasks, like putting man on the moon:

"We choose to go to the Moon... We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win, and the others, too."

Edited November 8, 2023 by TailingsPond

[notsonice + 1,175]

4 hours ago, Ecocharger said:

Looks like it probably has.

We are already into a recession.

https://oilprice.com/Energy/Energy-General/Diesel-Demand-Shows-Signs-Of-Faltering.html

"...the manufacturing sector is weak—weaker in October than most analysts had anticipated.

Economic activity in the manufacturing sector contracted in October for the 12th consecutive month, the Institute for Supply Management said last week in its latest Manufacturing ISM Report On Business. The contraction was more than what analysts had expected, and the index registered 46.7% in October, 2.3 percentage points lower than the 49% recorded in September.

In September, the readings—while still showing contraction—were more optimistic than they were in the spring and summer. Observers were cautiously optimistic that the manufacturing sector could be on the brink of starting a new expansionary cycle after 11 months of contraction. Such expansion could have boosted diesel consumption too, considering the fact that diesel tends to be closely related to manufacturing and transportation of goods.

However, the October ISM data was sobering—not only did the sector show contraction, but it was deeper than expected.

“Of the six biggest manufacturing industries, only one — Food, Beverage & Tobacco Products — registered growth in October,” said Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee.

Continued weakness in U.S. manufacturing could dent some diesel demand. "

We are already into a recession.?????

 

will you ever post real facts and not just Bullshit??????????

GDP was up 4.9%  in the 3rd quarter and on top of that

US Q4 GDP Estimates Suggest No Contraction This Year

 

but then again you might be living in Russia for all we know and Russia is in a recession

In the Good ole USA unemployment is under 4 percent and the economy is booming,,,,,well almost all of it except coal mining

 

Recession? US Q4 GDP Estimates Suggest No Contraction This Year | investing.com

The third-quarter GDP report surprised most economists with a blow-out 4.9% gain. Is a downside reversal brewing for Q4?

.

1 day ago

Edited November 8, 2023 by notsonice

[notsonice + 1,175]

2 hours ago, TailingsPond said:

So you accept EV sales softening is not due to the EV's themselves but due to market factors you failed to predict?

You have to accept your "predictions" were garbage.  You don't look at actual market forces, you just continually repeat the same biased lines about how "oil is strong and EV's are dead."

$83.00 to $75.00 in just 5 days.  -9.64% in just 5 days... what a great investment!

Can't pretend to be and economist if you don't look at the math occasionally.

 

Brent under $80 today.....oh there is a recession in the oil patch.....lack of demand and oversupply

those pesky EVs and solar panels..............not the oilman's best friends are they????????

 

so much for EcoChumps dream of $100 Brent in his stocking for Xmas

2 lumps of coal in his Xmas stocking??????.........he will be the last man on earth burning coal isn his stove while the rest of the world moves on with the Green Agenda.....

Enjoy the transition.....the Grinch is stealing the oilman's xmas

[Eyes Wide Open + 3,550]

23 hours ago, notsonice said:

Bullshit....it is only fading with those living in denial

Ya Don't say....

 

Insanity’: petrostates planning huge expansion of fossil fuels, says UN report

Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’

The energy plans of the petrostates contradicted their climate policies and pledges, the report said.

The plans would lead to 460% more coal production,

83% more gas,

and 29% more oil in 2030

than it was possible to burn if global temperature rise was to be kept to the internationally agreed 1.5C. The plans would also produce 69% more fossil fuels than is compatible with the riskier 2C target.

https://www.theguardian.com/environment/2023/nov/08/insanity-petrostates-planning-huge-expansion-of-fossil-fuels-says-un-report

Edited November 8, 2023 by Eyes Wide Open

[Eyes Wide Open + 3,550]

1 hour ago, TailingsPond said:

Try reading the articles, they are still committed to the science, they are just saying the action is too slow and needs improvement.   If a report came out saying the murder rate went up would you think people are abandoning laws against murder?

Speaking of article's....

Biden’s Green Energy Money Is Sugar on a Poison Pill

Sept. 19, 2023

 

https://www.nytimes.com/2023/09/19/opinion/climate-summit-2023-un.html

Edited November 8, 2023 by Eyes Wide Open

[Eyes Wide Open + 3,550]

2 hours ago, TailingsPond said:

Any day now!

You've been listening to eyes shut too much.

The plans would lead to 460% more coal production,

83% more gas,

and 29% more oil in 2030

Edited November 8, 2023 by Eyes Wide Open

[TailingsPond + 562]

7 minutes ago, Eyes Wide Open said:

The plans would lead to 460% more coal production,

83% more gas,

and 29% more oil in 2030

You just keep waiting for that.  2030 is any day now! LOL

Meanwhile in reality...

[Jay McKinsey + 1,490]

50 minutes ago, Eyes Wide Open said:

Ya Don't say....

 

Insanity’: petrostates planning huge expansion of fossil fuels, says UN report

Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’

The energy plans of the petrostates contradicted their climate policies and pledges, the report said.

The plans would lead to 460% more coal production,

83% more gas,

and 29% more oil in 2030

than it was possible to burn if global temperature rise was to be kept to the internationally agreed 1.5C. The plans would also produce 69% more fossil fuels than is compatible with the riskier 2C target.

https://www.theguardian.com/environment/2023/nov/08/insanity-petrostates-planning-huge-expansion-of-fossil-fuels-says-un-report

Meanwhile in reality:

Saudi Arabia, Russia to continue additional voluntary oil cuts

https://www.reuters.com/business/energy/saudi-arabia-continue-voluntary-1-mln-bpd-oil-output-cut-december-2023-11-05/

[notsonice + 1,175]

42 minutes ago, Eyes Wide Open said:

The plans would lead to 460% more coal production,

83% more gas,

and 29% more oil in 2030

460% more coal production,???????????

yet global coal production peaked in 2013 and has been flat ever since

please keep babbling BS........it defines you