specinho + 455 October 6 22 hours ago, TailingsPond said: Do you deny that you are gleeful about the escalating war due to oil interests? Your words: "Future expectations of oil prices are looking rather good" The link you promoted: https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Sees-20-Upside-to-Oil-Prices-on-Iran-Supply-Shock.html "International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict, Goldman Sachs says." Logically, that means you think escalation of the middle east conflict is good. You know war effects oil prices and you love it. USA just bought more for SPR... You love fossil fuels more than human life as shown time and again. "Coal is a non-polluter." Iran oil is still under international sanction. Only China is buying from Iran at the moment. Therefore, Goldman Sachs might be incorrect with the prediction. Nothing would change if war escalated to involve Iran and Yemen. Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 6 (edited) On 10/4/2024 at 3:47 PM, Old-Ruffneck said: Yes, Canadian Diesel is very expensive. But the black smoke you see is a solid and actually is heavier than air. Like any ICE, the fumes can be lethal like kerosene heaters. https://www.youtube.com/watch?v=s7bE-pTYmNI Super funny thing is when I showed that you tube video to my hobby farm, mechanic, engineer friend his response was "That video was insanely funny, and surprising. I actually have the same turbo he used sitting on a shelf" then later "I should turbocharge that Ford" That is how you know I live in Oil Country. Alberta. haha Other than a bit sloppy steering it runs great. Edited October 6 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 6 23 hours ago, TailingsPond said: Do you deny that you are gleeful about the escalating war due to oil interests? Your words: "Future expectations of oil prices are looking rather good" The link you promoted: https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Sees-20-Upside-to-Oil-Prices-on-Iran-Supply-Shock.html "International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict, Goldman Sachs says." Logically, that means you think escalation of the middle east conflict is good. You know war effects oil prices and you love it. USA just bought more for SPR... You love fossil fuels more than human life as shown time and again. "Coal is a non-polluter." Thanks for providing the information on oil and wars which disproves your position. I appreciate that. https://en.wikipedia.org/wiki/Oil_war "Research by Emily Meierding has characterized oil wars as largely a myth.[1] She argues that proponents of oil wars underestimate the ability to seize and exploit foreign oil fields, and thus exaggerate the value of oil wars. She has examined four cases commonly described as oil wars (Japan's attack on the Dutch East Indies in World War II, Iraq's invasion of Kuwait, the Iran-Iraq War, and the Chaco War between Bolivia and Paraguay), finding that control of additional oil resources was not the main cause of aggression in the conflicts.[2] A 2024 study found that the presence of oil in contested territory can make states less likely to seek to acquire the territory.[3]" 2 Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 6 (edited) 6 hours ago, Ecocharger said: Thanks for providing the information on oil and wars which disproves your position. I appreciate that. https://en.wikipedia.org/wiki/Oil_war Answer the questions at hand. Do you deny that you are gleeful about the escalating war due to oil interests? Your words: "Future expectations of oil prices are looking rather good" Try to duck and dodge all you want traitor, people will see your true colours. Emily Meierding can pontificate all she wants, she disproves nothing. Her writing, however, did find a sucker. I hope you could tell this theory to the mother of a soldier who passed away in the Gulf wars with a straight face. Tell her all the burning oil wells had nothing to do with the conflict. Do it! Edited October 7 by TailingsPond 1 Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 6 52 minutes ago, Ecocharger said: finding that control of additional oil resources was not the main cause of aggression in the conflicts.[2] You know that not being the "main cause" implies that it still was a cause, just maybe not the main one. Reading is fundamental. Even when religion is the main cause the belligerents still attack oil assets, people die, you rejoice in death due to a oil price bump. You will cry when a ceasefire is negotiated - because you are an agent of death. "Coal is a non-polluter. Thank you for smoking." Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 7 (edited) 6 hours ago, TailingsPond said: You know that not being the "main cause" implies that it still was a cause, just maybe not the main one. Reading is fundamental. Even when religion is the main cause the belligerents still attack oil assets, people die, you rejoice in death due to a oil price bump. You will cry when a ceasefire is negotiated - because you are an agent of death. "Coal is a non-polluter. Thank you for smoking." Garbage, as usual. Read your own sourced material. If you do not like your own referenced analysis, take it up with the authors. .https://en.wikipedia.org/wiki/Oil_war "Research by Emily Meierding has characterized oil wars as largely a myth.[1] She argues that proponents of oil wars underestimate the ability to seize and exploit foreign oil fields, and thus exaggerate the value of oil wars. She has examined four cases commonly described as oil wars (Japan's attack on the Dutch East Indies in World War II, Iraq's invasion of Kuwait, the Iran-Iraq War, and the Chaco War between Bolivia and Paraguay), finding that control of additional oil resources was not the main cause of aggression in the conflicts.[2] A 2024 study found that the presence of oil in contested territory can make states less likely to seek to acquire the territory.[3]" Edited October 7 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 7 (edited) Yes, there may well be an upcoming war which will expose the inadequate oil inventories which have been permitted by the weird oil policies of the Biden Administration. Thanks Uncle Joe! https://oilprice.com/Energy/Crude-Oil/Bad-Policies-Leave-US-Vulnerable-to-Middle-East-Oil-Crisis.html "Tensions in the Middle East have been going on for a year now, and oil supply has not been disturbed. This week, geopolitical risk jumped significantly as Israel is said to be planning strikes on Iranian oil infrastructure. Currently, there are about 19 days' worth of emergency oil supply in the U.S. SPR, which is deemed sufficient to cushion price spikes only for a short while." "...it is a fact that the strategic petroleum reserve of the United States has been sitting at a 40-year low after the Biden administration released a massive amount of oil to the market back in 2022 with the purpose of taming the oil price surge that followed Russian troops' entry into the Ukraine in February 2022. Since then, however, the federal government has been slow to refill the reserve, mostly because of too high prices. Some have even argued the U.S. does not need such a strategic reserve any longer, what with it being the world's largest producer. What these commenters seem to forget is that, first, oil is traded globally, and second, the U.S. may be the biggest producer of oil, but it is also the biggest consumer, and it consumes about 7 million barrels daily more than it produces. And that makes it vulnerable to global price swings." Edited October 7 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 7 Some Americans are now taking legal action to overturn the EPA's regulations on private vehicles. https://iowacapitaldispatch.com/2024/08/14/eight-states-file-court-brief-challenging-californias-electric-vehicle-mandate/ "Bird said in a press release that California’s electric vehicle mandate will also increase costs for consumers in other states and limit options for new cars. “I will not stand by as American families are forced to pay the price for California’s green car mandates,” Bird said in a press release. “California and the Biden-Harris EPA are eliminating purchasing options for families across the country and mandating they buy more expensive electric cars at a time when they are already struggling to make ends meet. The law is clear; California does not have the power to mandate the cars Iowans drive.”" 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,745 RP October 7 On 9/30/2024 at 3:08 AM, Ron Wagner said: I am thrilled with low oil prices. It will have a great effect on overall transportation pricing of goods for everyone. Most people don't look at the overall factors affecting prices. Making taxpayers subsidize EVs, solar and wind are also big costs. Chinese EV's have a 100% tariff on them being imported into the USA and most of Europe, expensive?? subsidized??? that was 5 years ago. I agree that generally low oil prices are good for the economy, thats why when ECO pipes up celebrating an oil price increase he makes himself look foolish time after time. He also thinks falling battery costs will reduce the number of EV's sold, hell of an economist is ECO! 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 7 (edited) 8 hours ago, Rob Plant said: Chinese EV's have a 100% tariff on them being imported into the USA and most of Europe, expensive?? subsidized??? that was 5 years ago. I agree that generally low oil prices are good for the economy, thats why when ECO pipes up celebrating an oil price increase he makes himself look foolish time after time. He also thinks falling battery costs will reduce the number of EV's sold, hell of an economist is ECO! A true economist looks at the causes of price changes, and the falling prices of EVs and EV batteries are related to the problems in EV sales. That indicates a complete shift in the demand curve for EVs rather than a movement along a demand curve. Even a non-economist like yourself should be able to understand that. Price of oil falling? Hmmm...do not get too excited about that. It looks like the oil price jump may now be happening. https://oilprice.com/Energy/Oil-Prices/Historic-Short-Squeeze-Sends-Oil-Prices-Higher.html "A record short position in oil and energy stocks has led to a historic short squeeze, driving prices sharply higher. Goldman Sachs predicts that Brent crude could reach $90 or higher if the conflict between Israel and Iran disrupts oil production. Hedge funds, who were heavily short on energy, are now scrambling to cover their positions, further fueling the rally." "Bottom line: with record shorts now painfully squeezed as upward momentum has been ignited across the energy sector, and the risk of a flashing red headline that Israel has leveled Kharg Island looming, unwind of what until a week ago was a record short position in oil and energy stocks is just getting started. And that's without Israel even doing anything. Should Israel however take the plunge and either take out Iran's oil infrastructure or, worse, target its nuclear industry, then the coming explosion in oil will make the Volkswagen short squeeze of 2008 seem like quaint amateur hour." Edited October 7 by Ecocharger 1 Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 7 (edited) 11 hours ago, Ecocharger said: Some Americans are now taking legal action to overturn the EPA's regulations on private vehicles. https://iowacapitaldispatch.com/2024/08/14/eight-states-file-court-brief-challenging-californias-electric-vehicle-mandate/ "Bird said in a press release that California’s electric vehicle mandate will also increase costs for consumers in other states and limit options for new cars. “I will not stand by as American families are forced to pay the price for California’s green car mandates,” Bird said in a press release. Good luck with that. California is free to set there own laws. They don't need the EPA or the feds. The other small states can cry all they want. Just like California did with two-strokes, etc. They will regulate and the rest of the world follows suit. You can't ignore an economy that huge. The economies of all the crybaby states combined is less than half of California (4,080,178 (millions of $)). Idaho, New Hampshire, North Dakota, South Dakota, Tennessee, Virginia and Wyoming. 127,373 + 120,163 + 75,724 + 74,938 + 545,695 + 759,236 + 52,980 = 1,756,138 https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP Edited October 7 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 7 (edited) 12 hours ago, Ecocharger said: Yes, there may well be an upcoming war which will expose the inadequate oil inventories which have been permitted by the weird oil policies of the Biden Administration. You are at least exposing your gleeful war mongering. This time you hope foreign wars both increase oil prices and have domestic political ramifications. How convenient for big oil! Face it you don't want natural economic factors to dictate the market, you are happy with geopolitical tensions. The green revolution will continue. Continue to hope that "any day now" California EV mandates will disappear and global politics will start to align with your views. PS you know Musk bought Trump right? Good luck getting rid of EVs after that massive quid pro quo. Edited October 7 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 7 (edited) 12 hours ago, Ecocharger said: Garbage, as usual. Read your own sourced material. If you do not like your own referenced analysis, take it up with the authors. "Research by Emily Meierding has characterized oil wars as largely a myth. Emily Meierding is not the arbiter on this subject. You, of course, ignore all the rest of the text. Think for yourself. Edited October 7 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 7 https://oilprice.com/Latest-Energy-News/World-News/Crude-Oil-Soars-over-35-As-Hezbollah-Strikes-Haifa.html Watch Eco become gleeful, terrorists killing people bumped oil 3.5%! "Oil prices are tracking nearly 3.5% upwards on Monday afternoon, as traders became increasingly convinced of a high-level Israeli attack on Iran." 1 1 Quote Share this post Link to post Share on other sites
specinho + 455 October 8 20 hours ago, Rob Plant said: Chinese EV's have a 100% tariff on them being imported into the USA and most of Europe, expensive?? subsidized??? that was 5 years ago. I agree that generally low oil prices are good for the economy, thats why when ECO pipes up celebrating an oil price increase he makes himself look foolish time after time. He also thinks falling battery costs will reduce the number of EV's sold, hell of an economist is ECO! BYD has produced an amphibian EV SUV that can run on both dry land and flooded condition. Pararell parking is one of its kind for men who like the challenge of limited space. After front wheels are fixed at close range from car in front, back wheels hop into space and leave ~2 centimeter of space behind. XPeng, produced a duo function trendy EV car that can be driven on land or be flown during congestion. But distance is still short, ~35 minutes ride and regulation for flying car is not ready yet. Many Europeans, including a few car racers, are amazed by how China has improved from accused copy cat to leader of innovation. Even Xiaomi, who used to produced the poorest quality of phone, is producing one of the fastest car at the moment. Will it last? Uncertain. Although these technology might not be new, e.g. amphibian and flying car might have existed back in early 18 th century or 1900s, or earlier, modern adaptation still takes effort. Tariff or no tariff, when users want it, money might not be an issue. When battery price is dropped on limited amount of raw material, it might not be something that worths celebrating... EV may still be alright for places with low traffic. But until problems highlighted on EV are solved, sale of EV is like on spectating mode. Those problems are, for examples: a) possibility of steering wheel or car overtaken by hacker, b) auto-locked- loosing brake control when battery is not functioning, c) increased flammability when battery is produced elsewhere especially developing world d) will it conduct electricity during thunder storm with lightning or during flood? Etc Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 8 32 minutes ago, specinho said: Those problems are, for examples: a) possibility of steering wheel or car overtaken by hacker, b) auto-locked- loosing brake control when battery is not functioning, c) increased flammability when battery is produced elsewhere especially developing world d) will it conduct electricity during thunder storm with lightning or during flood? Etc Dude, EVs have been on the market for years and meet or exceed safety standards. Those are not problems, nor do they make much sense. a) Steering systems between combustion vehicles and EV are not significantly different. ICE cars also contain plenty of computers which could be hacked. b) EVs still have hydraulic brakes. Electric braking is just a bonus. c) Increased flammability compared to gasoline? d) They are lightening safe in a storm just like any other car. Faraday cage effect. 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,745 RP October 8 3 hours ago, specinho said: Although these technology might not be new, e.g. amphibian and flying car might have existed back in early 18 th century I can assure you that they didnt mate! Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 8 Big oil, supports Biden. Ecocharger recently raved about Occidental petroleum because B.H. (Buffett) invested heavily; will his opinions of OXY change now? Trump is for sale and big players are "making the deal" with him hoping he wins. WSJ: Occidental’s CEO, for instance, approached Trump directly during a campaign event to argue the case for leaving IRA funding for carbon capture untouched. https://oilprice.com/Energy/Energy-General/Big-Oil-Turns-Unexpected-Supporter-of-Bidens-Climate-Law.html Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 8 (edited) 23 hours ago, TailingsPond said: https://oilprice.com/Latest-Energy-News/World-News/Crude-Oil-Soars-over-35-As-Hezbollah-Strikes-Haifa.html Watch Eco become gleeful, terrorists killing people bumped oil 3.5%! "Oil prices are tracking nearly 3.5% upwards on Monday afternoon, as traders became increasingly convinced of a high-level Israeli attack on Iran." Aw the little war tension bump was very short lived and the traders went back to fundamentals and the lack of demand. Now Eco is hoping for more war escalation. https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Tumble-4-as-Demand-Fears-Override-Middle-East-Risk.html Edited October 8 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 8 (edited) 11 hours ago, TailingsPond said: Dude, EVs have been on the market for years and meet or exceed safety standards. Those are not problems, nor do they make much sense. a) Steering systems between combustion vehicles and EV are not significantly different. ICE cars also contain plenty of computers which could be hacked. b) EVs still have hydraulic brakes. Electric braking is just a bonus. c) Increased flammability compared to gasoline? d) They are lightening safe in a storm just like any other car. Faraday cage effect. More rubbish from your sources...EVs are the most unhealthy of vehicles due to ultrafine particulate matter. You better get some new technology for protection if you want to drive an EV! https://nypost.com/2024/03/05/business/evs-release-more-toxic-emissions-are-worse-for-the-environment-study/ "It found that brakes and tires on EVs release 1,850 times more particle pollution compared to modern tailpipes, which have “efficient” exhaust filters, bringing gas-powered vehicles’ emissions to new lows. Today, most vehicle-related pollution comes from tire wear. As heavy cars drive on light-duty tires — most often made with synthetic rubber made from crude oil and other fillers and additives — they deteriorate and release harmful chemicals into the air," Edited October 8 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 8 Norway understands that oil production will be important to Europe's energy future. https://oilprice.com/Latest-Energy-News/World-News/Norway-Sees-Rising-Oil-Production-and-Falling-Gas-Output-in-2025.html "Norway expects its oil liquids production to rise by 5.2% next year from 2024, while natural gas production is set to slightly drop by 1.6%, the Norwegian government said in its 2025 budget bill on Monday. The bill assumes that Norway’s oil production, including condensate and natural gas liquids (NGL), will increase to about 2.1 million barrels of oil equivalent per day (boepd) in 2025, up by 5.2% from the estimated production this year." “Production from the Norwegian continental shelf contributes large amounts of energy and is significant for the energy supply to Europe,” Energy Minister Terje Aasland said today. “We will continue to develop the petroleum industry and remain a stable and long-term supplier of energy to Europe.” 1 Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 8 (edited) 16 minutes ago, Ecocharger said: More rubbish from your sources...EVs are the most unhealthy of vehicles due to ultrafine particulate matter. What sources? I used my own words, try it sometime. You have lost it man. Fossil fuels are the greatest contributor to PM2.5. If you want to argue that vehicles should be weight restricted to reduce tire wear I will listen. However, you would have to realize that would restrict big ICE vehicles as well. The problem is weight and brakes not electricity. Edited October 8 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 662 GE October 8 15 minutes ago, Ecocharger said: Norway understands that oil production will be important to Europe's energy future. https://oilprice.com/Latest-Energy-News/World-News/Norway-Sees-Rising-Oil-Production-and-Falling-Gas-Output-in-2025.html That is a budget bill. That is in no way support of oil production, it is just budgeting. The government also keeps track of the number of syphilis cases per year, does that make them pro-syphilis? Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 8 4 hours ago, TailingsPond said: That is a budget bill. That is in no way support of oil production, it is just budgeting. The government also keeps track of the number of syphilis cases per year, does that make them pro-syphilis? The government wants syphilis to spread? Wow, you have some wild ideas. “Production from the Norwegian continental shelf contributes large amounts of energy and is significant for the energy supply to Europe,” Energy Minister Terje Aasland said today. Read and learn. “We will continue to develop the petroleum industry and remain a stable and long-term supplier of energy to Europe.” 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,438 DL October 8 (edited) You want to eliminate EV trucks now? Wow, what a great idea. Add this to your repertoire on EV pollution. https://nypost.com/2024/03/05/business/evs-release-more-toxic-emissions-are-worse-for-the-environment-study/ "It found that brakes and tires on EVs release 1,850 times more particle pollution compared to modern tailpipes, which have “efficient” exhaust filters, bringing gas-powered vehicles’ emissions to new lows. Today, most vehicle-related pollution comes from tire wear. As heavy cars drive on light-duty tires — most often made with synthetic rubber made from crude oil and other fillers and additives — they deteriorate and release harmful chemicals into the air," Edited October 8 by Ecocharger 1 Quote Share this post Link to post Share on other sites
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