GREEN NEW DEAL = BLIZZARD OF LIES

[notsonice + 1,283]

love the fast action in the Asian markets........

 

Who needs oil if  you do not have a job.............

Crude oil getting hammered caused by the Global recession Trump is creating..........

 

Can you go without your cup of Joe in the morning???? ha ha ha ....good luck

Latest news posting on the Wall Street Journal

https://www.wsj.com/finance/commodities-futures/oil-futures-fall-after-trump-calls-for-tariffs-on-colombia-5b2a178c

Oil Futures Fall After Trump Calls for Tariffs on Colombia

 

 

Jan. 26, 2025 9:23 pm ET

0219 GMT — Oil futures are lower in early Asian trading, following President Trump calling for 25% emergency tariffs on Colombian imports, affecting the stability of the global economic market, Saxo Markets’ APAC research team writes in a note. Geopolitical events will likely keep the oil market volatile, while fundamentals are unlikely to change in the short-term, ANZ research analysts say in a commentary. Front-month WTI crude oil futures are 1.2% lower at $73.77/bbl; front-month Brent crude futures are 1.2% lower at $77.58/bbl. (kimberley.kao@wsj.com)

Edited Monday at 02:44 AM by notsonice

[Ecocharger + 1,522]

Some Big Oil companies are upset at the prospect of seeing their transitional investments into clean oil now apparently stranded by the change in direction of the federal policies under Trump. 

However, those assets were probably misinvested anyway and were big losers in terms of returns.

Trump is way ahead of the curve.

https://oilprice.com/Energy/Crude-Oil/Oil-Executives-Fume-as-Trump-Shakes-Up-Climate-Rules-Again.html

"The good news is that most of them are already walking back their transition targets after those targets proved quite unrealistic. Even European Big Oil is going back on transition promises after discovering these promises could not be fulfilled—not at a profit, at least."

 

Edited Monday at 01:35 PM by Ecocharger

[notsonice + 1,283]

5 hours ago, Ecocharger said:

Some Big Oil companies are upset at the prospect of seeing their transitional investments into clean oil now apparently stranded by the change in direction of the federal policies under Trump. 

However, those assets were probably misinvested anyway and were big losers in terms of returns.

Trump is way ahead of the curve.

https://oilprice.com/Energy/Crude-Oil/Oil-Executives-Fume-as-Trump-Shakes-Up-Climate-Rules-Again.html

"The good news is that most of them are already walking back their transition targets after those targets proved quite unrealistic. Even European Big Oil is going back on transition promises after discovering these promises could not be fulfilled—not at a profit, at least."

 

big oil companies are more worried about the price of Crude

must really suck for you that Crude is getting creamed on the lack of demand ........

 

wow Crude is really taking a dump today with Trump trying to create a Global recession......he sure is doing a bang up job

Pesky EVs being produced on China... the keep cranking up more and more and more production and exports to everywhere ...except in the US.....and not a damn thing your moron leader can do about it... and he wants more oil production............ha ha ha Crude is heading to under $60 wonder if you pals in the oil patch will love the unemployment line when their companies go bankrupt .....oh that will sting

 

Everthing other than oil.......guess Trump is all about seeing US Citizens paying alot more for autos ....go figure....he really could care less about the cost of eggs or coffee or Autos

And on top of it  your Moron leader calls for more oil production.......Big Oil must love him....ha ha ha ha ha

He must of went to the same univeristy as you........Worthless degrees in Economics

Edited Monday at 07:01 PM by notsonice

[notsonice + 1,283]

Price of Crude down $2 in the morning trade.......

oh boy I wonder if Drill baby Drill is the chant in Big oil boardrooms this morning

 

or is it....Trump is senile, Run him off

Edited Monday at 08:47 PM by notsonice

[Old-Ruffneck + 1,271]

2 hours ago, notsonice said:

Price of Crude down $2 in the morning trade.......

oh boy I wonder if Drill baby Drill is the chant in Big oil boardrooms this morning

 

or is it....Trump is senile, Run him off

Trump isn't senile you twit. He said he was going to get price of oil down. For me, is very good as 2nd highest in nation for fuel tax, maybe I will save some money at the pump. I burn alot of diesel. In Missouri yesterday was 2.99 a gallon, here 3.59. I hope it does drop to 60.00 a barrel. The investors may cry but they've been rapin' the people for too long.

[TailingsPond + 1,016]

2 hours ago, Old-Ruffneck said:

Trump isn't senile you twit. He said he was going to get price of oil down.

Just remember who said oil prices are "soaring."  You upvote a senile guy all the time... which makes you a senile supporter and therefore are partially senile yourself.

 

[TailingsPond + 1,016]

10 hours ago, Ecocharger said:

Some Big Oil companies are upset at the prospect of seeing their transitional investments into clean oil now apparently stranded by the change in direction of the federal policies under Trump. 

However, those assets were probably misinvested anyway and were big losers in terms of returns.

Trump is way ahead of the curve.

https://oilprice.com/Energy/Crude-Oil/Oil-Executives-Fume-as-Trump-Shakes-Up-Climate-Rules-Again.html

 

 

You promoted occidental petroleum - how quickly you forget.  You were saying how smart Berkshire Hathaway / Buffet were for investment in them.  You did! Eat some crow.

Try to keep up with your own failures. 

Edited Monday at 11:39 PM by TailingsPond

[TailingsPond + 1,016]

2 hours ago, Old-Ruffneck said:

Trump isn't senile you twit. He said he was going to get price of oil down.

The oil companies do not want prices to fall.  His statement that the oil producers are concerned about the price of oil is correct.

He certainly didn't run on having the Saudis do the "drill baby drill" while US producers suffer.

Just accept that cheap refined pet products are good for you, not the oil companies.  I sure hope you save a lot on fuel because watch all the other prices soar.

He already abandoned his promise to lower groceries (they will instead go up), end the Russia was within 24 hours (nope), etc.

Edited Monday at 11:46 PM by TailingsPond

[Ecocharger + 1,522]

The UK and other European dreamers have come up well short of their Green projections and are now having to eat crow.

https://oilprice.com/Alternative-Energy/Renewable-Energy/UK-is-On-Track-to-Miss-its-Renewable-Energy-Goals.html

"The UK is on track to miss its wind and solar capacity targets as operational and investment constraints are hampering a faster pace of installations.

A shortfall has opened between the government target and the actual pace of wind and solar capacity installations."

"...the forecast of consultancy Cornwall Insight, which said this week that Britain is projected to miss its Clean Power 2030 targets for offshore and onshore wind and solar PV by as much as 32 gigawatts (GW) compared to the latest goals set by the government last month."

"Even with the revised-down capacity targets in the government’s ‘Clean Power 2030 Action Plan’, the data from Cornwall Insight’s GB Benchmark Power Curve is projecting a shortfall in capacity.

According to Cornwall Insight’s modeling, the gap in solar PV capacity would be the widest, with a 16 GW shortfall compared to the 45-47 GW government target. Solar is projected to surge by 70% compared to the 17 GW installed today. But with an expected 29 GW by 2030, the forecast capacity is 16 GW short of the 45 GW goal."

“Despite promising progress, the gap between this growth and government targets underscores the urgent need to address both the operational and investment barriers slowing renewables growth,” said Tom Musker, Modelling Manager at Cornwall Insight.

"“Grid connection delays, supply chain constraints, and uncertainty surrounding electricity market reforms are all creating a challenging environment for developers. Without swift and decisive action to resolve these issues, the UK risks falling significantly behind its clean power ambitions.”"

"With the 2030 target just five years away and renewable energy installations lagging behind goals and experiencing ups and downs due to the nature of power generation from wind and solar, the UK may have to rely on natural gas to keep its power system stable for longer than planned.

While Britain has made progress in recent years in decarbonizing the grid and boosting the share of renewables in the power mix to a record high, it still uses a lot of natural gas for electricity generation, home heating, and boilers.

At the end of last year, NESO warned in a report that Britain’s transition to a low-carbon energy system is fraught with challenges, including the need for massive investments in transmission and demand pattern changes."

"However, achieving this goal would need to see the UK doing things differently. These include efforts from the government with electricity market reforms and continued support for CfD auctions, the industry willing to invest in massive expansion despite the current cost challenges, and the public voluntarily adopting more efficient appliances, new and smart technology, and flexible demand."

Edited Tuesday at 05:29 PM by Ecocharger

[Ecocharger + 1,522]

Despite all the media rhetoric, oil prices have been fairly stable since the new Trump administration came into office, with promising new drastic changes to the American regulatory landscape. A promising future for oil.

https://oilprice.com/Energy/Energy-General/Oil-Markets-Largely-Unfazed-by-Political-Turmoil-of-Trumps-First-Week.html

"Oil prices have remained relatively rangebound following Trump's first week in office despite a significant amount of media noise and political news."

"US President Donald Trump has reportedly halted all pending environmental litigation and reassigned four Justice Department attorneys, despite not being political appointees, focused on the issue to the newly created Sanctuary City Working Group."

"The EIA expects higher wholesale electricity prices across the United States, with the notable exception of Texas and the Northwest, averaging $40 per MWh over the year, up 7% year-over-year, with California seeing the biggest increases."

[TailingsPond + 1,016]

7 minutes ago, Ecocharger said:

Despite all the media rhetoric, oil prices have been fairly stable

You were writing about "soaring" prices just a little while ago.

Take ownership of your errors. You did not say "[fairly stable - but falling.]"

You also praised B.H. investment in occidental petroleum.

Eat Crow.

 

Edited Tuesday at 05:43 PM by TailingsPond

[notsonice + 1,283]

23 hours ago, Old-Ruffneck said:

Trump isn't senile you twit. He said he was going to get price of oil down. For me, is very good as 2nd highest in nation for fuel tax, maybe I will save some money at the pump. I burn alot of diesel. In Missouri yesterday was 2.99 a gallon, here 3.59. I hope it does drop to 60.00 a barrel. The investors may cry but they've been rapin' the people for too long.

all of you bs babble on a thread titled GREEN NEW DEAL = BLIZZARD OF LIES

 

you really have lost you way. I mean you are crying you have been raped at the pump....oh my you must be hurting these days

 

 been rapin' the people for too long????? is your butt hole sore again????????? Oh my it must suck to be you...you cannot even afford to pay for diesel...........

Hey Old-Cocksucker (I think that name really fits you...don't you think??? ) You only show up when Ecochump or your senile boss , Old shit in the pants- Trump is in trouble. You never have an original thought, and to tell you the truth your type is only good at one thing.....Thus your forum nickname. Enjoy it 

 

and  I thought you put me on ignore....are you too slow to figure out how to put someone on ignore???? or are you also senile????

 

Trump isn't senile??????

how is he doing at reducing the cost of food???? ha ha ha and you believed him.....you must be senile

and that war in the Ukraine...........You boss Old-shit in the pants ....said he was the worlds greatest negotiator.......He said he would solve it in 24 hours.    Maybe you can give him some lessons ...that is he really will need to suck on Putins little winky dink  to get Putin to do him a favor. So far it looks like Old shit in the pants plan for Russia really was just a crap -shoot. Then again Old shit in the pants is senile.

 

Word is now Old shit in the pants is going to do a little more cocksucking and call up his pal in North Korea. You know they are best pals......They really have a great connection...Ha Ha Ha Ha 69???

And your personal problem....you keep crying that you need cheaper diesel....to fill up your pig of a truck. Are you that broke??????

Do you have any self respect???? Man up an pay the price and quit your whining. Or is business that bad that you have to cry here that you need to drive out of state just to fill up??????? Must suck to be you.

Hope you do not miss your trailer payment or run out of diesel ....no one wants to see an old man such as yourself begging at the end of your trailer court for money so you can buy a couple of gallons of diesel ....ha ha ha 

PS do not buy a pig of a truck if you cannot afford to fill up the tank......Maybe Old Shit in the pants can service his pal In Saudi Arabia....only way you will ever get that cheap diesel?????.......or Your senile old boss will send the US into a deep recession ....any way jump in and give him some pointers on doing what you do best.

In the meantime....... you run along ...I hear your boss Old -shit in the pants needs to be serviced and we all know that you are the best to service him....that is you are the Old-Cocksucker

Edited Tuesday at 08:31 PM by notsonice

[Old-Ruffneck + 1,271]

3 hours ago, notsonice said:

Hey Old-Cocksucker (I think that name really fits you...don't you think??? )

PM me your address and see if you survive a pounding from and old man. 

[Ecocharger + 1,522]

The much-touted "Net Zero" fairytale has totally collapsed, is no longer being taken seriously.

Reality is back in business.

https://oilprice.com/Energy/Energy-General/The-Net-Zero-Gap-Global-Green-Spending-Is-Falling-Short-of-Targets.html

"Global green energy investment hit a record $2.1 trillion in 2024, up 11% from 2023, but growth has slowed.

To achieve net-zero by 2050, annual investment needs to reach $5.6 trillion, meaning current levels are only 37% of what's required.

While China leads in green spending, investment in the US has stagnated, and it has fallen in the EU and UK."

"China’s total investment last year was greater than the combined investment of the U.S., the EU, and the UK.

However, investment was stagnant in the U.S., at $338 billion, and fell in both the EU and UK, hitting $381 billion and $65.3 billion, respectively, BNEF said.

The research provider also noted that energy transition investment will have to average $5.6 trillion each year from 2025 to 2030, in order to get on track for global net zero by 2050, in line with the Paris Agreement.

The current investment level of $2.1 trillion implies that the world is only at 37% of what is required to get on track, BNEF said."

[TailingsPond + 1,016]

10 minutes ago, Ecocharger said:

The much-touted "Net Zero" fairytale has totally collapsed, is no longer being taken seriously.

Reality is back in business.

https://oilprice.com/Energy/Energy-General/The-Net-Zero-Gap-Global-Green-Spending-Is-Falling-Short-of-Targets.html

"Global green energy investment hit a record $2.1 trillion in 2024, up 11% from 2023, but growth has slowed.

To achieve net-zero by 2050, annual investment needs to reach $5.6 trillion, meaning current levels are only 37% of what's required.

 

Only an idiot would say that a record 2.1 trillion investment means it has "totally collapsed."

Ecocharger can't understand his own posts.

I can write some simple code that would emulate Ecocharger:

- Query Oilprice.com main page for new links.

- Send the link to AI and have them sort the articles by political and pro-fossil fuel bias.

- Re-post any main page links that have far-right political bias, pro-fossil fuel bias, or climate change denial to the forum.

- Pretend you have original thoughts.

 

[TailingsPond + 1,016]

19 minutes ago, Ecocharger said:

"Global green energy investment hit a record $2.1 trillion in 2024, up 11% from 2023, but growth has slowed.

 

Once again for the slow learners here.

Up is up, down is down.

First and second derivatives are part of math, learn some Mr Economist.

The rate of growth has slowed (the first derivative) but the actual value has risen, by 11% to record highs.

 

[Old-Ruffneck + 1,271]

Electric vehicle lithium-ion batteries challenge California wildfire cleanup | Fox News

Highly combustible lithium-ion batteries used in electric and hybrid vehicles are complicating cleanup efforts in the Los Angeles neighborhoods ravaged by wildfire damage. 

Phase 1 of the federal cleanup is underway, as surveyors with the Environmental Protection Agency (EPA) work to remove and dispose of hazardous materials, including lithium-ion batteries found in charred vehicles and decimated homes. The EPA warned that batteries should be considered "extremely dangerous," even if they are believed to be intact, and "can spontaneously re-ignite, explode, and emit toxic gases and particulates even after the fire is out." 

The Palisades and Eaton fires aftermath is estimated to require the "largest lithium-ion battery pickup, cleanup, that’s ever happened in the history of the world," EPA incident commander Steve Calanog reportedly told local KNBC. He explained that removing lithium-ion batteries — even those that do not appear damaged — from fire wreckage requires "technical sophistication and care," as hazardous material crews find and deionize the batteries so they can be crushed or safely shipped for disposal. 

"We don’t know the long-term effects of all this exposure, and we haven't seen this on this large of a scale and this many electric vehicles," Los Angeles City Fire Capt. Adam VanGerpen told KNBC. "This is an unprecedented amount of electric vehicles with lithium-ion batteries in there."

According to the California Energy Commission, more than 99,000 zero-emission vehicles were sold in Los Angeles County in 2024 alone, including battery electric, plug-in hybrid and fuel cell electric vehicles. 

The Tesla models Y, 3 and Cybertruck were the top three selling zero-emission models sold in Los Angeles County last year, according to the commission's online tally. 

Authorities are warning that residual heat poses danger for days, weeks and even months after the initial fires, potentially causing lithium-ion batteries to spontaneously combust. 

"With the lithium-ion batteries, even if they look like they are intact they could have damage on the inside, so they continue to off gas and the off-gas from these batteries can be toxic to your health," VanGerpen said.

Besides in electric and hybrid vehicles, lithium-ion batteries can be found in personal electronics, vaping devices, power tools and home energy storage systems, which have become increasingly popular during California's power outages. 

Seems to me, they knew how toxic the Lithium Batteries were long before mass production. Safer for the environment?? I think not, I'll stay with my ICE vehicles.

[Ecocharger + 1,522]

There is a new squeeze on oil supplies coming up, and expected price rises.

https://oilprice.com/Energy/Energy-General/Why-Oil-Prices-Could-Spike-in-February.html

"Oil prices are set to finish this week some $2 per barrel lower than a week ago as the January ICE Brent futures contract expires just below $77 per barrel. However, the second straight weekly decline could be cut short very quickly if Donald Trump’s February 1 deadline for Canada and Mexico leads to the US slapping punitive 25% sanctions. If the threat does become a reality, the oil bulls will not stop until Brent is back above $80 per barrel."

Also, some of the false assumptions of the Green movement have been exposed by the former Biden administration officers,

https://www.reuters.com/business/energy/new-report-aims-turn-iea-away-energy-transition-focus-2025-01-29/

"IEA criticized for focus on clean energy policy

Report claims IEA's assumptions on oil demand are flawed

IEA defends its projections, calls report error-filled"

The Trump policies are already being implemented,

https://www.reuters.com/world/us/us-moves-repeal-biden-administration-vehicle-fuel-economy-standards-2025-01-29/

"The agency in June said it would hike Corporate Average Fuel Economy (CAFE) requirements to about 50.4 miles per gallon (4.67 liters per 100 km) by 2031 from 39.1 mpg currently for light-duty vehicles.

Duffy, who took office late Tuesday, also directed NHTSA to reconsider rules for heavy duty pickup trucks and vans through 2035.

"Artificially high fuel economy standards designed to meet non-statutory policy goals, such as those NHTSA has promulgated in recent years, impose large costs that render many vehicle models unaffordable for the average American family," Duffy's memo said. "They also put coercive pressure on automakers to phase out production of various models of popular (internal combustion engine) vehicles.""

Edited 4 hours ago by Ecocharger

[Ecocharger + 1,522]

Goldman Sachs is predicting a possible runup in oil prices into the $90+ range. Looks like President Trump may not get what he wants in terms of oil prices.

https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Brent-Crude-Could-Hit-93-if-Sanctions-Hit-Iranian-Russian-Oil.html

 ""We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia""

"The downward price trend could soon come to an end, however, with President Donald Trump’s February 1 deadline for punitive tariffs on Canada and Mexico fast approaching.

One potential spanner in the works with Goldman’s $93 per barrel scenario is OPEC’s production plans, which are facing pressure from the recently installed US President to ramp up production to lower crude oil prices—ostensibly for the purposes of forcing Russia’s hand even further to give up its ambitions in Ukraine. Standard Chartered, however, feels that the President is unlikely to be successful in his attempts to wield lower oil prices as a geopolitical maneuver—in part because of the lower oil prices that would sink the US oil industry as well.""

Edited 4 hours ago by Ecocharger

[TailingsPond + 1,016]

4 hours ago, Ecocharger said:

There is a new squeeze on oil supplies coming up, and expected price rises.

https://oilprice.com/Energy/Energy-General/Why-Oil-Prices-Could-Spike-in-February.html

"Oil prices are set to finish this week some $2 per barrel lower than a week ago as the January ICE Brent futures contract expires just below $77 per barrel. However, the second straight weekly decline could be cut short very quickly if Donald Trump’s February 1 deadline for Canada and Mexico leads to the US slapping punitive 25% sanctions. If the threat does become a reality, the oil bulls will not stop until Brent is back above $80 per barrel."

 

Once again for the slow learners.  Down is down.

Ecocharger will once again be wrong about oil price increases.

Oh, and $80 Brent?  You luddites were bragging about that temporary (war related) price bump a while back. Such short memories.

Upvote the failed economist, show your stupidity.  Oil prices will fall.  Try to remember your predictions old men,.

 

[Old-Ruffneck + 1,271]

3 hours ago, Ecocharger said:

Goldman Sachs is predicting a possible runup in oil prices into the $90+ range. Looks like President Trump may not get what he wants in terms of oil prices.

https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Brent-Crude-Could-Hit-93-if-Sanctions-Hit-Iranian-Russian-Oil.html

 ""We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia""

"The downward price trend could soon come to an end, however, with President Donald Trump’s February 1 deadline for punitive tariffs on Canada and Mexico fast approaching.

One potential spanner in the works with Goldman’s $93 per barrel scenario is OPEC’s production plans, which are facing pressure from the recently installed US President to ramp up production to lower crude oil prices—ostensibly for the purposes of forcing Russia’s hand even further to give up its ambitions in Ukraine. Standard Chartered, however, feels that the President is unlikely to be successful in his attempts to wield lower oil prices as a geopolitical maneuver—in part because of the lower oil prices that would sink the US oil industry as well.""

Goldman-Sachs is trying the fear factor and run up prices. I don't see oil going past 80 for Brent. Aside from the U.S getting involved directly in the war against Russia I just don't see it. Too many ships and pipelines to shut all Russian oil off, as they are pretty adept to tariffs and maneuvering oil around to customers that enjoy the inexpensive oil. China will take all they can produce. Just my humble opinion.  

[TailingsPond + 1,016]

20 hours ago, Old-Ruffneck said:

 

Seems to me, they knew how toxic the Lithium Batteries were long before mass production. Safer for the environment?? I think not, I'll stay with my ICE vehicles.

Lead and gasoline are known carcinogens.

Lithium is safe medicine.

[Old-Ruffneck + 1,271]

8 minutes ago, TailingsPond said:

Lead and gasoline are known carcinogens.

Lithium is safe medicine.

You're fuckin' whacked. It isn't a safe medicine by any means. My oldest brother was on that crap for over 15 years and his head if sorta fuckered up. No lead in gasoline 'cept race fuels and airplane (prop-type) avaliable for general pumps anywhere in the U.S. We need to just make Western Canada the 51st State 🙂

Maybe the lead you're referring to is the paint chips you ate as a child lol.

Edited 50 minutes ago by Old-Ruffneck

[TailingsPond + 1,016]

5 minutes ago, Old-Ruffneck said:

You're fuckin' whacked. It isn't a safe medicine by any means. My oldest brother was on that crap for over 15 years and his head if sorta fuckered up. No lead in gasoline 'cept race fuels and airplane (prop-type) avaliable for general pumps anywhere in the U.S. We need to just make Western Canada the 51st State 🙂

Maybe the lead you're referring to is the paint chips you ate as a child lol.

He knowingly consumed it for 15 years and did not die from toxicity.

How do you start your truck?  Hmm?  A mixture of lead and acid maybe? Oh right you forgot about those things.

Hate to break to you but bi-polar has strong genetic links. 

[notsonice + 1,283]

On 1/28/2025 at 3:24 PM, Old-Ruffneck said:

PM me your address and see if you survive a pounding from and old man. 

lol ....Old Cocksucker...........

enjoy your new name......

and I love it when you post that you are getting raped at the pump......whining little fuck is all you are

love to see you cannot afford fuel for your truck.......must suck to be such a crappy businessman such as yourself.

let me guess you whine all the fucking time about every time you have to spend more than your allowance of $5 bucks a week

Please tell us how else you are getting raped................

PS You love to call others names and when you yourself is on the receiving end you resort to ............

if you survive a pounding from and old man????? ha ha ha ha ..........

you are a tard....please keep posting garbage from your trailer.........