TailingsPond + 653 GE August 13 1 hour ago, Old-Ruffneck said: Iran isn't stupid. It would be obliterated in 3 days or less. That isn't a war really. It would take much more than 3 days. The first Gulf war with Iraq over Kuwait was over 6 months. The second war with Iraq took almost 9 years. I know Iran is not Iraq but it is what we have to compare to. 1 Quote Share this post Link to post Share on other sites
bloodman33 + 22 TJ August 13 The blue wave will now crush Trump and Vance and all Republicans. LOL in the Trump Musk Twitter interview even Musk said C02 from the oil industry is the cause of global warming!!!!! Drill baby drill means oil prices crash and oil companies go bankrupt. Vote for Trump and loose all of your oil company investments. 1 Quote Share this post Link to post Share on other sites
bloodman33 + 22 TJ August 13 A war with Iran is an abstraction since there are no common borders. Israel has submarines. They would not invade. I suspect the US fleet is entering the area to not stop Iran but to stop Israel and Benjamin Netanyahu (the war criminal) and the far right which wants the war. The minute he is out of power, he is in prison in Israel on the charges in Israel. Without a constant state of war Netanyahu's coalition breaks up and then it is jail time. He can share a prison cell with Trump. 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 698 August 13 (edited) On 8/1/2024 at 3:57 PM, notsonice said: Coal is doomed and those driving clunkers are following close behind 3 hours ago China's Energy Revolution: Wind and Solar Surpass Coal in ... Crude Oil Prices Today | OilPrice.com https://oilprice.com › Energy › Energy-General Solar, wind capacity surpasses coal in China pv magazine International https://www.pv-magazine.com › 2024/08/01 › solar-wi... 12 hours ago — The consultancy is predicting that by 2026, solar power will alone surpass coal as China's primary energy source, with a cumulative capacity ... Missing: Revolution: Milestone China's Green Milestone: Solar & Wind to Outshine Coal GreenCitizen https://greencitizen.com › news › chinas-green-milesto... Feb 8, 2024 — In a historic shift, China's solar and wind energy capacity is set to surpass coal by 2024, marking a green revolution. You just never learn from reliable sources. You are just unable to state the facts. China's energy use is primarily from coal, oil, and renewable sources: Coal In 2021, coal accounted for 60.6% of China's total energy supply, and in 2023, it was the primary energy fuel, accounting for 91.9 exajoules. Coal is also the main source of electricity in China, accounting for 62% of electricity generation in 2021. Coal is a major contributor to China's greenhouse gas emissions. Oil In 2021, oil accounted for 18.1% of China's total energy supply, and in 2023, it accounted for less than 20% of the country's total energy consumption. Renewable sources In 2023, China's primary energy consumption from renewable sources was 16.1 exajoules, up from 13.4 exajoules in 2022. In the first quarter of 2023, China generated 594.7 TWh of electricity from renewable sources, which was an 11.4% increase from the previous year. This included 342.2 TWh of wind and solar power, which was a 27.8% increase from the previous year. By the end of 2023, China had a total installed electric generation capacity of 2.92 TW, with 1.26 TW coming from renewable sources. Edited August 13 by Ron Wagner 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,742 RP August 14 Machine learning enables viability of vertical-axis wind turbines Machine learning enables viability of vertical-axis wind turbines - EPFL Look away now Mark, more pesky tech! 2 Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM August 14 18 hours ago, Ron Wagner said: You just never learn from reliable sources. You are just unable to state the facts. China's energy use is primarily from coal, oil, and renewable sources: Coal In 2021, coal accounted for 60.6% of China's total energy supply, and in 2023, it was the primary energy fuel, accounting for 91.9 exajoules. Coal is also the main source of electricity in China, accounting for 62% of electricity generation in 2021. Coal is a major contributor to China's greenhouse gas emissions. Oil In 2021, oil accounted for 18.1% of China's total energy supply, and in 2023, it accounted for less than 20% of the country's total energy consumption. Renewable sources In 2023, China's primary energy consumption from renewable sources was 16.1 exajoules, up from 13.4 exajoules in 2022. In the first quarter of 2023, China generated 594.7 TWh of electricity from renewable sources, which was an 11.4% increase from the previous year. This included 342.2 TWh of wind and solar power, which was a 27.8% increase from the previous year. By the end of 2023, China had a total installed electric generation capacity of 2.92 TW, with 1.26 TW coming from renewable sources. Coal is also the main source of electricity in China, accounting for 62% of electricity generation in 2021???? You sleeping again??? it is 2024.....do not be so cheap and buy yourself a new Calendar As of May 2024, coal accounted for 53% of China's power generation, which is a record low and down from 60% in May 2023. This is a significant shift away from fossil fuels, which used to account for two-thirds of China's power capacity a decade ago Luddite............China is Not Going Back Coal is doomed....one solar panel at a time........... or in the case of China....1 Billion solar panels a year are being installed now In 2023 the country increased its solar capacity by 216.9 GW that is 216,900,000,000 watts or at 325 watts means 670 Million solar panels installed in one year 2024 1 Billion panels installed?????? Coal is doomed ps Please help out your pal Old Dickhead as he has one of those supersized calculators and has trouble with any number over 10 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 14 (edited) On 8/12/2024 at 9:37 AM, Old-Ruffneck said: Yet oil is back up again as I type this to 78.31 WTI and Brent is 80.82...... go figure why??? That bump was rather short lived. 76.98 WTI Brent 79.88. Price is lower than a year ago despite high inflation so the real value of oil has decreased even more than that. New inventory numbers came out and demand is clearly down and war tensions eased. Edited August 14 by TailingsPond 1 1 Quote Share this post Link to post Share on other sites
surrept33 + 609 st August 15 On 8/12/2024 at 9:18 PM, TailingsPond said: It would take much more than 3 days. The first Gulf war with Iraq over Kuwait was over 6 months. The second war with Iraq took almost 9 years. I know Iran is not Iraq but it is what we have to compare to. Iran is a much stronger country than Iraq. Iran - 90 million Iraq - 46 million. Iran is also heavily mountainous like Afghanistan. Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM August 16 oh my ....coal is doomed pesky solar panels Natural Gas World China's thermal power generation falls for third month in July despite record heat China's thermal power generation in July fell from a year earlier for a third month even though the country recorded its hottest month in... . 1 day ago China's thermal power generation last month fell 4.9% from a year ago to 574.9 billion kilowatt-hours (kWh), despite total power generation rising 2.5% to 883.1 billion kWh, the National Bureau of Statistics reported (NBS). https://energyandcleanair.org/china-energy-and-emissions-trends-august-2024-snapshot/ China energy and emissions trends: August 2024 snapshot 15 August 2024 by Qi Qin By Qi Qin, China Analyst; Chengcheng Qiu, China Analyst; Danny Hartono, Data Scientist; with contributions from Lauri Myllyvirta, Lead Analyst CO2 emissions continued to decline in July 2024, reinforcing the likelihood of a year-long drop as weakening heavy industries slow energy demand growth; PM2.5, O3, and NO2 levels significantly increased year-on-year in Northeast China Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 18 A used-up wind turbine is much easier to clean up than a well site. Just saying. https://oilprice.com/Energy/Crude-Oil/Thousands-of-Abandoned-Oil-Wells-Plague-Texas-Landscape.html 1 Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,212 er August 19 15 hours ago, TailingsPond said: A used-up wind turbine is much easier to clean up than a well site. Just saying. https://oilprice.com/Energy/Crude-Oil/Thousands-of-Abandoned-Oil-Wells-Plague-Texas-Landscape.html What are you saying? You believe the writer of this actually knows what she is talking about? Same with the Zombie Well writer, from Mexico. Neither have experience in well plugging and exaggerating amount is useless. Sorry, not buying their propaganda!! Stories are getting more liberal for an agenda of less fossil energy. The site Literally is OILPRICE.com. Shheeeeesh 1 Quote Share this post Link to post Share on other sites
Polyphia + 82 LT August 19 11 minutes ago, Old-Ruffneck said: What are you saying? You believe the writer of this actually knows what she is talking about? Same with the Zombie Well writer, from Mexico. Neither have experience in well plugging and exaggerating amount is useless. Sorry, not buying their propaganda!! Stories are getting more liberal for an agenda of less fossil energy. The site Literally is OILPRICE.com. Shheeeeesh Much of what the author wrote was from direct quotations from more knowledgeable individuals--for example, Hawk Dunlap, a well-control specialist. So, at best, your criticism is misdirected, and at worst it is completely specious. Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 19 2 hours ago, Old-Ruffneck said: What are you saying? You believe the writer of this actually knows what she is talking about? Same with the Zombie Well writer, from Mexico. Neither have experience in well plugging and exaggerating amount is useless. Sorry, not buying their propaganda!! Stories are getting more liberal for an agenda of less fossil energy. The site Literally is OILPRICE.com. Shheeeeesh "Oil price" does not have to mean pro-oil, it is, wait for it... about the price of oil. You can make money going bearish on oil. There are literally thousands of orphan wells around here. https://www.orphanwell.ca/inventory-accross-alberta 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 19 (edited) WTI dropping fast. $74.35 Tell me more about that strong demand Ecocharger. LOL Edited August 19 by TailingsPond 1 Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM August 20 (edited) 9 hours ago, TailingsPond said: WTI dropping fast. $74.35 Tell me more about that strong demand Ecocharger. LOL WTI at 74.00 ....testing the last lowpoint for the year set in Feb of 2024 at $72 plus change .....big question will a floor be set at $73...with the super weak economic report out of China and the falling imports of crude into China and the peak summer driving/travel season over................... $73 will be tested very soon and if the price drops to less than $72.50 there is no stopping the fall until WTI is under 70 and Brent under $73..... Brent is leading the charge downward tonight..............market is open in China right now and no buyers are steeping forward to stop the decline. last other big low in the past year WTI at 68.61 on Dec 12 The bears are taking charge and short sellers have control of the near term market This is even at a time when interest rates are about to drop in the US which should be bullish for crude...........US stock markets are testing new record highs............ why buy oil today when you can get it in 2025 for $5 bucks less Crude is getting creamed by the lack of China demand.... Pesky EVs Ecochump ???? where are you .......you keep yelling Demand is strong and getting stronger.....Pure BS gas at the pump a gift to Harris under $3 in my hood...Inflation today in the US ?????? the worry is deflation in the commodities sectors SEP 2024 CLU4 OPT 74.00 -0.37 (-0.50%) - 74.34 74.38 74.00 44 19:17:03 CT 19 Aug 2024 OCT 2024 CLV4 OPT 73.41 -0.25 (-0.34%) - 73.74 73.80 73.32 9,364 21:14:56 CT 19 Aug 2024 NOV 2024 CLX4 OPT 72.79 -0.20 (-0.27%) - 73.11 73.13 72.69 2,737 21:14:30 CT 19 Aug 2024 DEC 2024 CLZ4 OPT 72.29 -0.19 (-0.26%) - 72.61 72.62 72.19 2,811 21:14:33 CT 19 Aug 2024 JAN 2025 CLF5 OPT 71.91 -0.16 (-0.22%) - 72.20 72.21 71.79 1,687 21:14:25 CT 19 Aug 2024 FEB 2025 CLG5 OPT 71.72 UNCH (UNCH) - 71.83 71.83 71.47 934 21:08:53 CT 19 Aug 2024 MAR 2025 CLH5 OPT 71.54 +0.13 (+0.18%) - 71.49 71.54 71.17 1,558 21:14:22 CT 19 Aug 2024 APR 2025 CLJ5 OPT 70.93 -0.19 (-0.27%) - 71.13 71.23 70.93 297 21:13:01 CT 19 Aug 2024 MAY 2025 CLK5 OPT - - - - - - 308 21:04:08 CT 19 Aug 2024 JUN 2025 CLM5 OPT 70.40 -0.14 (-0.20%) - 70.64 70.66 70.29 1,113 21:14:22 CT 19 Aug 2024 JUL 2025 CLN5 OPT - - - - - - 49 20:59:07 CT 19 Aug 2024 AUG 2025 CLQ5 OPT - - - - - - 55 20:02:02 CT 19 Aug 2024 SEP 2025 CLU5 OPT 69.82 +0.10 (+0.14%) - 69.60 69.82 69.60 173 21:04:08 CT 19 Aug 2024 OCT 2025 CLV5 OPT - - - - - - 42 20:02:02 CT 19 Aug 2024 NOV 2025 CLX5 OPT - - - - - - 26 21:01:35 CT 19 Aug 2024 DEC 2025 CLZ5 OPT 68.90 -0.13 (-0.19%) - 69.15 69.15 68.84 702 21:14:22 CT 19 Aug 2024 Edited August 20 by notsonice 1 Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM August 21 On 8/19/2024 at 11:16 AM, TailingsPond said: WTI dropping fast. $74.35 Tell me more about that strong demand Ecocharger. LOL the strong demand myth as pumped by the great forecaster Ecochump....... Hopefully Ecochump can tell us more about the strong demand and how its is getting stronger and stronger ...ha ha ha and WTI this morning at $71.60 next test is $70.38 which was the low on Jan 2 and the $68.61 which is the low for the past year a full blown crash this past week right as the market goes into the weakest months of the year and China's imports of oil keeps crashing even as their GDP is up 4.5 percent in the last quarter Pesky EVs yet the latest news ...yet no mention at all about the price in the story .........hard to understand how someone can broadcast Oil ticks higher as it drops over $2 a barrel in the last 24 hours. Guess some do not get up to date data or live in an alternative universe where Chinas oil demand is booming as OPEC told us for the past year.........ha ha ha https://oilprice.com/Energy/Crude-Oil/Oil-Ticks-Higher-as-EIA-Reports-Inventory-Draws-Across-the-Board.html Oil Ticks Higher as EIA Reports Inventory Draws Across the Board By Irina Slav - Aug 21, 2024, 9:37 AM CDT Crude oil prices moved higher today after the U.S. Energy Information Administration reported a decline in inventories for the week to August 16. Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM August 23 Pesky EVs Goldman Sachs..............Goldman says Brent could fall to $68 per barrel by next year oh my the Saudis are not going to like their forecasts maybe time for a name change????? Energyprice.com?????? Reuters Passed the peak? China's crude oil imports trend down: Russell LAUNCESTON, Australia, Aug 22 (Reuters) - Is it time to ask whether China's crude oil imports have peaked? The world's biggest oil importer... . 1 day ago CNBC Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year China has been the pillar of growth for the oil global market over the past 20 years, but EV sales are eroding demand. . 6 hours ago Energy Intelligence China’s Oil Demand Falters on Weak Confidence China, the world's largest oil importer, has not yet delivered the decisive demand uplift that most forecasters expect this year. . 1 day ago U.S. Energy Information Administration (EIA) (.gov) Diesel consumption falls in China due to reduced economic activity and fuel substitution Our estimates of diesel consumption in China totaled 3.9 million barrels per day (b/d) in June 2024, a decline of 11% from the same month... . 1 week ago markets.businessinsider.com China's EVs are fueling a big oil demand slowdown China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and natural gas, analysts from Goldman Sachs... . 3 days ago FXEmpire China’s Green Drive: How the Dragon’s EV Push Could Reshape Global Oil Markets China's EV revolution slashes oil demand by 500k barrels daily. Dragon's green drive reshapes global markets as gasoline growth slows to... . 12 hours ago Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 28 (edited) The local Chinese operative lost interest after Biden left the race? Did all green energy projects end? Are EVs still available for sale? Yep, "it's over" all right - over for the chump! Capitulation is a loss. Edited August 28 by TailingsPond 2 Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,212 er August 30 (edited) https://gray-week-prod.cdn.arcpublishing.com/resizer/v2/SWSPZY7H7ZGRLAYT4ROV2UX7FY.jpg?auth=dbac4018e05fe9e9ec6d0d2115cabbae7484e1cfbc1d93d09f05e181b1607152&width=980&height=1306&smart=true Damn pesky coal still on the rise. Someone tell China they are killing the world with pollution. Edited August 30 by Old-Ruffneck 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE August 30 1 hour ago, Old-Ruffneck said: Someone tell China they are killing the world with pollution. They know. Thankfully coal mostly kills the people near by - the toxic waste doesn't travel that far. CO2 is global but that won't kill you. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 3 Tell me more about that strong oil demand Ecocharger. WTI $70.50 Brent $73.96 Any day now! 1 Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 3 (edited) Tell me how oil is not destroying the earth. How many tons of toxic solar panels were leaked into the ocean today? "The Sounion is carrying 150,000 tons of crude oil from Iraq. The badly damaged ship risks spilling four times as much oil as the Exxon Valdez, arguably tanker shipping's most famous casualty, potentially becoming the fifth worst oil spill of all time, according to statistics carried by the International Tanker Owners Pollution Federation (ITOPF)." "Carrying over 1.1m barrels of oil, the FSO Safer was abandoned off Yemen's Red Sea port of Hudaydah after the civil war broke out in the country in 2015. Since then, the vessel deteriorated significantly in the absence of any servicing or maintenance, prompting fears of a major environmental disaster." Edited September 3 by TailingsPond Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM September 3 (edited) On 7/31/2024 at 4:50 PM, Old-Ruffneck said: You just think your smart!! Copy/Paste a bunch of crap. Anyone can do it. Notsobright aka Joy Behar ultra left dumb shit! Inventory Draw Pushes Oil Up By Irina Slav - Jul 31, 2024, 9:44 AM CDCrude oil prices today moved slightly higher, after the Energy Information Administration reported an inventory draw of 3.4 million barrels for the week to July 26. The inventory change compared with a draw of 3.7 million barrels for the previous week, when fuel inventories also declined substantially. For the week to July 26, the EIA estimated mixed changes in fuel inventories. Gasoline stocks shed 3.7 million barrels in the period, with production averaging 10 million barrels daily. This compared with a stock draw of 5.6 million barrels for the previous week, when production of gasoline averaged 10.2 million barrels daily. you're smart. Anyone can copy/paste bullshit chopped up news stories!! Those short sellers just made almost 3.00 a bbl today. Manipulation ie: hey dummy how is your crude trading now .......been a month since you posted your old man gibberish Manipulation?????????? WTI 79.66 Brent 82.30 In July is the price of oil dropping through the floor bullshit on the repeated news that Oil demand is going nowhere ........ WTI Crude 70.19 -3.36 -4.57% Pesky EVs in China are now more than 55 percent of the new vehicle market and at the same time last month China took off the road over 500,000 clunkers....... Today the price reflects crappy demand as demand has gone nowhere this year.....unless you believe your OPEC pals...... you can post your blips in US inventory....no one in the oil markets gave a rats ass so where are you now....still thinking all the news around you is manipulation????? Guess you and your fellow Luddites have to cling onto some bullshit theory Reality the Saudis, ploy to manipulate the market while demand sucks is a fools game......they are now in a dead end and have no choice but to open up the taps .....as the long game right now is Crude is oversupplied and their recent announcement ...they threw in the towel Crude heading toward the mid 60's PS and the SPR.............Sleepy Joe got a great price when he sold it and filling it back in today's market...under 70 a barrel....he sure is a lot smarter than you .........market is looking for buyers..step up and go long....you will make a fortune..ha ha ha ha Edited September 3 by notsonice Quote Share this post Link to post Share on other sites
notsonice + 1,224 DM September 3 4 hours ago, TailingsPond said: Tell me how oil is not destroying the earth. How many tons of toxic solar panels were leaked into the ocean today? "The Sounion is carrying 150,000 tons of crude oil from Iraq. The badly damaged ship risks spilling four times as much oil as the Exxon Valdez, arguably tanker shipping's most famous casualty, potentially becoming the fifth worst oil spill of all time, according to statistics carried by the International Tanker Owners Pollution Federation (ITOPF)." "Carrying over 1.1m barrels of oil, the FSO Safer was abandoned off Yemen's Red Sea port of Hudaydah after the civil war broke out in the country in 2015. Since then, the vessel deteriorated significantly in the absence of any servicing or maintenance, prompting fears of a major environmental disaster." and the lovers of Oil....well they scurry off like cockroaches None of them want to step in and clean up the mess....Millions of abandoned wells in the US and the cockroaches are forever in hiding..... Oil is great ........for the ones who do not have to foot the bill or live with the spills Quote Share this post Link to post Share on other sites
TailingsPond + 653 GE September 4 10 hours ago, TailingsPond said: Tell me more about that strong oil demand Ecocharger. WTI $70.50 Brent $73.96 Any day now! How low before it hits support levels? 70.08, 73.52 Quote Share this post Link to post Share on other sites