Ecocharger + 1,463 DL December 6, 2023 2 minutes ago, Jay McKinsey said: You mean like the absolute facts that we are not in recession and inflation is dropping as predicted by the supply side inflation model. Like the absolute fact that monetarism rules at the Fed and it seems to be working. The neo-Marxists are hopelessly out of their depth. Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM December 6, 2023 2 minutes ago, Ecocharger said: The above discussions show the piling up of EVs on sales lots.....that means reduced production to follow. speaking of piling up did you notice that US producers are piling up over 4 months supply of coal and Oil inventories are booming....even Sleepy Joe is putting Oil back into the SPR at cheap prices ....under 70 WTI and under 75 Brent...... Looks like the only thing a coal and oil lover will get this XMAS is 2 lumps in a stocking and a good greasing with all the extra lube out there. Brent is heading for $70 and Gas on the wholesale market under $2.....What a nice Xmas gift for sleepy Joe..... Inflation.........poof and now cheap gasoline will get him a 2nd term enjoy the transition.............EVs and Solar panels are doing in oil and coal Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 6, 2023 48 minutes ago, Ecocharger said: Like the absolute fact that monetarism rules at the Fed and it seems to be working. The neo-Marxists are hopelessly out of their depth. You imbecile there is nothing neo-Marxist about the most fundamental law of economics which is supply and demand. A decrease in supply leads to an increase in prices. You are the freaks who ignore the economic laws that we all agree on. This is econ 1 and then you forget all about it. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 December 6, 2023 (edited) 7 minutes ago, Jay McKinsey said: You imbecile there is nothing neo-Marxist about the most fundamental law of economics which is supply and demand. A decrease in supply leads to an increase in prices. You are the freaks who ignore the economic laws that we all agree on. This is econ 1 and then you forget all about it. I stand here in shock and awe..for once you are correct..Econ 101. UK offshore wind auction receives zero bids, puts industry at risk https://www.worldoil.com/news/2023/9/11/uk-offshore-wind-auction-receives-zero-bids-puts-industry-at-risk/#:~:text=(Bloomberg) – The UK's offshore,received zero bids from developers. Edited December 6, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 9 minutes ago, Eyes Wide Open said: I stand here in shock and awe..for once you are correct..Econ 101. UK offshore wind auction receives zero bids, puts industry at risk https://www.worldoil.com/news/2023/9/11/uk-offshore-wind-auction-receives-zero-bids-puts-industry-at-risk/#:~:text=(Bloomberg) – The UK's offshore,received zero bids from developers. And they are adjusting the terms for the next auction. This is apparently difficult for you to understand. It is how economics works. UK seeks 10 GW of offshore wind projects in 2024 auction https://www.reuters.com/world/uk/uk-seeks-10-gw-offshore-wind-projects-2024-auction-vattenfall-says-2023-11-28/ 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 December 7, 2023 (edited) 11 minutes ago, Jay McKinsey said: And they are adjusting the terms for the next auction. This is apparently difficult for you to understand. It is how economics works. UK seeks 10 GW of offshore wind projects in 2024 auction https://www.reuters.com/world/uk/uk-seeks-10-gw-offshore-wind-projects-2024-auction-vattenfall-says-2023-11-28/ The world's largest wind farm is casting it's citizens into poverty and you claim my ignorance? Perhaps your short sided arrogance is truly what's on full display here. Cost-of-living payments: What are they, who gets them and are they fair? Energy bills: What can I do if I can't afford to pay? 23rd November 2023, 01:35 PST What are the rules about prepayment meters? The regulator Ofgem reviewed the use of prepayment meters after an investigation by The Times found debt agents acting for British Gas wrongly broke into vulnerable people's homes to fit meters. Energy suppliers were subsequently banned from forcing a pre-payment meter on a customer while Ofgem investigated. The regulator has now said companies may resume the practice but must first get its permission and a court warrant. Ofgem believes suppliers should be allowed to retrieve their debts. However, under new rules, suppliers must give customers more opportunity to clear their debts, contacting them at least 10 times before installing a meter. They also have to conduct a "site welfare visit". Ofgem says no company has yet passed its new stricter tests. https://www.bbc.co.uk/news/business-61592496.amp https://www.bbc.com/news/business-62435432 Edited December 7, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 December 7, 2023 (edited) 27 minutes ago, Jay McKinsey said: And they are adjusting the terms for the next auction. This is apparently difficult for you to understand. It is how economics works. Ya Don't say...even the Green Manfacturing industry is going broke...Substantibiity is about to taken on a entirely new market cycle. Energy Siemens Energy reviews wind unit set-up after $5 billion loss By Christoph Steitz and Alexander Hübner https://www.reuters.com/business/energy/siemens-energy-reviews-structure-wind-unit-after-5-bln-loss-2023-11-15/ Edited December 7, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 19 minutes ago, Eyes Wide Open said: The world's largest wind farm is casting it's citizens into poverty and you claim my ignorance? Perhaps your short sided arrogance is truly what's on full display here. Cost-of-living payments: What are they, who gets them and are they fair? Energy bills: What can I do if I can't afford to pay? 23rd November 2023, 01:35 PST What are the rules about prepayment meters? The regulator Ofgem reviewed the use of prepayment meters after an investigation by The Times found debt agents acting for British Gas wrongly broke into vulnerable people's homes to fit meters. Energy suppliers were subsequently banned from forcing a pre-payment meter on a customer while Ofgem investigated. The regulator has now said companies may resume the practice but must first get its permission and a court warrant. Ofgem believes suppliers should be allowed to retrieve their debts. However, under new rules, suppliers must give customers more opportunity to clear their debts, contacting them at least 10 times before installing a meter. They also have to conduct a "site welfare visit". Ofgem says no company has yet passed its new stricter tests. https://www.bbc.co.uk/news/business-61592496.amp https://www.bbc.com/news/business-62435432 Nothing of which you post has anything to do with wind. The high costs are due to LNG you imbecile. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 December 7, 2023 (edited) 29 minutes ago, Jay McKinsey said: Nothing of which you post has anything to do with wind. The high costs are due to LNG you imbecile. Ya Don't say...just where is this miracle of Green Energy...Fossils fuels have never broken a country...yet Green Energy seems to be a fallacy not capable of providing any power generation ....A never ending black hole of failure. Speaking of black holes...the UK citizens already are having enormous problems and now they put another $14 billion problem on the people? That capitalization is a investment not a GIFT. It needs a return on investment...higher energy costs. UK Gets $14B Investment for World’s Largest Wind Farm from RWE and UAE https://maritime-executive.com/article/uk-gets-14b-investment-for-world-s-largest-wind-farm-from-rwe-and-uae Edited December 7, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 4 minutes ago, Eyes Wide Open said: yet Green Energy seems to be a fallacy not capable of providing any power generation ....A never ending black hole of failure. Huh? Balderdash seems to apply to this statement. Today wind in ERCOT, alone, provided between 5 and 24 times the output of one large nuclear unit. 2 Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 (edited) 25 minutes ago, Eyes Wide Open said: ...yet Green Energy seems to be a fallacy not capable of providing any power generation ....A never ending black hole of failure. And in the Southwest Power Pool, TODAY, wind provided over 59% of generation. Don't you realize how much less coal and nat gas is being burned?? Try again seems to apply. Edited December 7, 2023 by turbguy 2 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 28 minutes ago, Eyes Wide Open said: Ya Don't say...just where is this miracle of Green Energy...Fossils fuels have never broken a country...yet Green Energy seems to be a fallacy not capable of providing any power generation ....A never ending black hole of failure. And in the UK Solar + Wind is almost the same as gas: Quote Share this post Link to post Share on other sites
Ecocharger + 1,463 DL December 7, 2023 2 hours ago, Jay McKinsey said: You imbecile there is nothing neo-Marxist about the most fundamental law of economics which is supply and demand. A decrease in supply leads to an increase in prices. You are the freaks who ignore the economic laws that we all agree on. This is econ 1 and then you forget all about it. A decrease in supply? What you eating for breakfast, Jay? There is a GLUT of EV supply piling up on sales lots. Open your eyes. Quote Share this post Link to post Share on other sites
Ecocharger + 1,463 DL December 7, 2023 (edited) Biden and his Fed leader Powell have successfully engineered a looming recession to combat inflation. https://oilprice.com/Energy/Crude-Oil/Oil-Demand-Will-Take-a-Hit-from-Yet-Another-Decline-in-US-Manufacturing.html "U.S. manufacturing activity has declined for the 13th consecutive month. Surprisingly, diesel demand has not followed a similar trajectory as the manufacturing sector. With experts predicting that the manufacturing downturn may be drawing to a close, it will be interesting to see how the energy markets respond with diesel stocks already severely depleted." Edited December 7, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,463 DL December 7, 2023 (edited) 50 minutes ago, Jay McKinsey said: And in the UK Solar + Wind is almost the same as gas: Completely unnecessary waste of money on renewables. Atmospheric CO2 due to human activity has no significant impact on the greenhouse effect. Edited December 7, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 24 minutes ago, Ecocharger said: Completely unnecessary waste of money on renewables. Atmospheric CO2 due to human activity has no significant impact on the greenhouse effect. Whatever... It just means a significant amount of Nat Gas or Coal is being burned. Quote Share this post Link to post Share on other sites
Polyphia + 83 LT December 7, 2023 14 hours ago, Rob Plant said: Oh does he, well thats not what he has said! I think you read the guardian too much who fabricated that story! Al Jaber Says Fossil Fuel Phase Out is 'Inevitable' | OilPrice.com “We fully understand the urgency behind the matter, we very much believe and respect the science,” he said while speaking to reporters on Monday, during the fourth day of the summit in Dubai. Enjoy the truth ECO Why do so many on here just rely on 1 newspaper story without fact checking anything? Mark Lawson is perhaps the very worst for this. If it fits their narrative, no need to look any further. 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 (edited) 40 minutes ago, Ecocharger said: Biden and his Fed leader Powell have successfully engineered a looming recession to combat inflation. https://oilprice.com/Energy/Crude-Oil/Oil-Demand-Will-Take-a-Hit-from-Yet-Another-Decline-in-US-Manufacturing.html "U.S. manufacturing activity has declined for the 13th consecutive month. Surprisingly, diesel demand has not followed a similar trajectory as the manufacturing sector. With experts predicting that the manufacturing downturn may be drawing to a close, it will be interesting to see how the energy markets respond with diesel stocks already severely depleted." Only because of the stupidity that monetary policy was needed when it was a supply shock that caused the inflation. But you previously stated we were already in a recession. Now you claim the recession is looming. So which is it?? You obviously do not know what you even claim to be talking about. My god your article even says the manufacturing downturn is coming to a close. How are diesel prices responding? Let's take a look. They are falling fast. And of course I will no doubt have to explain this multiple times again to your morons but diesel is traded as heating oil as it is now the same thing. Some now call it heating oil and some call it diesel. NYMEX Heating Oil Completes Transition to Ultra Low Sulfur Diesel As of yesterday, NYMEX heating oil futures and options are now ultra low sulfur diesel fuel (ULSD) futures and options. The transition is a long time in the making as the CME first announced the transition back in June of 2011. At that time, the exchange planned to delist heating oil futures and options and to replace them with ULSD futures and options. However, last May, the exchange announced that rather than delisting the heating oil contracts, they would transition the existing heating oil contracts to ULSD contracts. Edited December 7, 2023 by Jay McKinsey Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 December 7, 2023 (edited) 1 hour ago, turbguy said: Huh? Balderdash seems to apply to this statement. Today wind in ERCOT, alone, provided between 5 and 24 times the output of one large nuclear unit. Ya Don't Say...go figure! Texas Power Prices to Surge 800% on Sunday Amid Searing Heat https://www.bloomberg.com/news/articles/2023-08-05/texas-power-prices-to-surge-800-on-sunday-amid-searing-heat Edited December 7, 2023 by Eyes Wide Open Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 (edited) 16 minutes ago, Eyes Wide Open said: Ya Don't Say...go figure! Texas Power Prices to Surge 800% on Sunday Amid Searing Heat https://www.bloomberg.com/news/articles/2023-08-05/texas-power-prices-to-surge-800-on-sunday-amid-searing-heat What a deal! That's what happens when you have to burn stuff. (So yesterday, too). It happens several times a year in ERCOT. That's what you get when you resist importing cheaper stuff from your neighbor. Edited December 7, 2023 by turbguy 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 (edited) 25 minutes ago, Eyes Wide Open said: Ya Don't Say...go figure! Texas Power Prices to Surge 800% on Sunday Amid Searing Heat https://www.bloomberg.com/news/articles/2023-08-05/texas-power-prices-to-surge-800-on-sunday-amid-searing-heat Due to the cost of fossil fuels you imbecile. And of course that article is from last summer because you are an imbecile who does not understand how anything works. Edited December 7, 2023 by Jay McKinsey 1 Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 (edited) 6 minutes ago, Jay McKinsey said: Due to the cost of fossil fuels you imbecile. Yup! And somebody on Wall Street makes a killing! Edited December 7, 2023 by turbguy Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 40 minutes ago, Eyes Wide Open said: Ya Don't Say...go figure! Texas Power Prices to Surge 800% on Sunday Amid Searing Heat https://www.bloomberg.com/news/articles/2023-08-05/texas-power-prices-to-surge-800-on-sunday-amid-searing-heat ...and watch what happens this winter. Quote Share this post Link to post Share on other sites
turbguy + 1,540 December 7, 2023 (edited) ERCOT has a LOT to work on, too... https://www.forbes.com/sites/edhirs/2023/07/21/ercot-update-texans-electricity-bills-are-going-up-and-it-may-not-be-legal/?sh=62f10c62523c You might consider "staying in your own lane". Edited December 7, 2023 by turbguy Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 December 7, 2023 9 minutes ago, turbguy said: ERCOT has a LOT to work on, too... https://www.forbes.com/sites/edhirs/2023/07/21/ercot-update-texans-electricity-bills-are-going-up-and-it-may-not-be-legal/?sh=62f10c62523c You might consider "staying in your own lane". Yup that is what a free market gets you. It always collapses. Quote Share this post Link to post Share on other sites
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