Old-Ruffneck + 1,235 er October 26 10 hours ago, TailingsPond said: The externalities from the oil industry are huge. Polluted air and water is a massive social burden, as are explosions. The deepwater horizon disaster alone was epic. Lac-Megantic was also terrible. BP Walks Back Green Targets Amid Market Realities | OilPrice.com You ought to shut the f**k up about shit you know nothing about. Deepwater Horizon was not as catastrophic as news outlets suckered in most ignorant populus as yourself. Micro Organisms and bacteria had that oil ate up in less than a year. Do some research. Your starting to sound like that f**kin' idiot NOTSoSmart. Coming onto a platform to stir some Green-Agenda crap is all your about. Go suck some eggs. Your remark " Abandoning free market capitalism." makes you sound as a Marxist borderline Commie. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 27 (edited) 2 hours ago, Old-Ruffneck said: BP Walks Back Green Targets Amid Market Realities | OilPrice.com You ought to shut the f**k up about shit you know nothing about. Deepwater Horizon was not as catastrophic as news outlets suckered in most ignorant populus as yourself. Micro Organisms and bacteria had that oil ate up in less than a year. Do some research. Your starting to sound like that f**kin' idiot NOTSoSmart. Coming onto a platform to stir some Green-Agenda crap is all your about. Go suck some eggs. Your remark " Abandoning free market capitalism." makes you sound as a Marxist borderline Commie. Eleven people died. Tell the families of the dead that it was no big deal and microorganisms will clean it up. As for "abandoning free market capitalism" that was in response to a comment where "wind mills and solar are good if made in the west." Free market capitalism would make the product good no matter where it was made. Chill out man. I know you side with the dullards I beat on here but it is not against you. Edited October 27 by TailingsPond 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 27 On 10/23/2024 at 8:28 PM, Ron Wagner said: But it has cost consumers way too much. Natural gas is the better choice for price to the consumers. Wind and solar are good if made in Western countries or ones that are not our international rivals like China is. We need to quit subsidizing them at all though and include the price of needed transmission lines, etc. See it is Ron who hates free market capitalism, not me. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 27 The cult just can't handle my level. Maybe a couple more will bugger off this energy market site. Boo Hoo. 1 Quote Share this post Link to post Share on other sites
specinho + 467 October 27 (edited) On 10/24/2024 at 11:37 AM, TailingsPond said: Abandoning free market capitalism. Capitalism (laymen version) = if one has money required, one can join the market of producing-buying-selling things intended. - here is where problem occurs. As mentioned before, 1. There ought to be a quality check or performance entry bar. This prevents substandard products from cycle of "being produced - can not be sold - wasting material and resources - polluting and occupying space at dump site due to low degradability". Worse, if they could endanger end users. 2. Revival of old ethic: produce things that are good in quality and can last for a long time. - with drastic population increment, sales volume for quality products might never be an issue. - modern mentality where inferior imitates that are cheap yet need to be changed every one or two years to increase turn over rate and profit should not be allowed. - although not abandoning free market capitalism, there ought to be restriction so that end users and the environment are protected. 15 hours ago, TailingsPond said: You keep ignoring that Trump has been bought by the owner of a EV company. Follow the money / political donations... Zero chance Musk is giving Trump millions without some potential policy kickbacks. People who are advanced in technology and programming might have been divided by two, i.e. supporters for K.Haris and supporters for D.Trump. - Haris, a trained lawyer, is backed by those who want more policies be made to their favour, or keep status quo where their projects are in favour. - Trump, a heir of multi-b real estate empire, is backed by those who want more effective action, less garbage policies. He uttered high compliment on Milei, new chief of Argentine. We might have noticed, in highly competitive world, only those of equal or who have done better could afford sincere compliment for others. Both are supported by Peter Thiel. Later joint by Elon Musk. Thiel has good eyes on Milei when no one heard him, yet ridiculed his speech. Thiel proves himself right to back Milei. As a heir who has used to act and speak at will, Trump might have little chance to be bought over with millions, which to him, might be few dollars or cents (we do remember how much cash Musk has, don't we?? 'o' 'n')...... However, Elon values free and sincere speech, which might be a plus point to Trump in accepting Elon's support. Edited October 27 by specinho Quote Share this post Link to post Share on other sites
turbguy + 1,540 October 27 (edited) 42 minutes ago, specinho said: However, Elon values free and sincere speech, which might be a plus point to Trump in accepting Elon's support. Sincere? Elon actually said "I don't trust software". Such as the stuff behind optical ballot scanners? That's a non-challenging task! Like the stuff in his self driving vehicles? Like the stuff that returns his boosters to the point of launch? Like the stuff Astronauts put their lives on the line to control orbital missions? You gotta be kidding. Edited October 27 by turbguy 2 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 (edited) Wow look at all that oil demand. WTI down 4% Shale production down. https://oilprice.com/Latest-Energy-News/World-News/US-Shale-Gas-Production-Declines-for-the-First-Time-Since-2000.html Meanwhile Lithium forecast positive. https://oilprice.com/Energy/Energy-General/USGS-Finds-Enough-Lithium-to-Meet-Annual-Demand-Nine-Times-Over.html Edited October 28 by TailingsPond 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM October 28 38 minutes ago, TailingsPond said: Wow look at all that oil demand. WTI down 4% Shale production down. https://oilprice.com/Latest-Energy-News/World-News/US-Shale-Gas-Production-Declines-for-the-First-Time-Since-2000.html Meanwhile Lithium forecast positive. https://oilprice.com/Energy/Energy-General/USGS-Finds-Enough-Lithium-to-Meet-Annual-Demand-Nine-Times-Over.html WTI down 4%???? no way ....fake news... Oil at $68......computers are screwed up We all know that Ecochump is the forum expert on oil and coal and if he says demand is hot and getting hotter he is right tommorow morning when you wake up it will be at $100 a barrel 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM October 28 On 10/26/2024 at 7:24 PM, TailingsPond said: Eleven people died. Tell the families of the dead that it was no big deal and microorganisms will clean it up. As for "abandoning free market capitalism" that was in response to a comment where "wind mills and solar are good if made in the west." Free market capitalism would make the product good no matter where it was made. Chill out man. I know you side with the dullards I beat on here but it is not against you. you are dealing with one brain dead loser anyone that posts ...... Deepwater Horizon was not as catastrophic as news outlets suckered in most ignorant populus as yourself. Micro Organisms and bacteria had that oil ate up in less than a year. is cleary a f...ing tool who has serious brain damage........I bet you he has worms or micro-organsims chewing away at what is left of his brain right now ..... Keep up the good work......... Mongabay - Conservation News BP’s Deepwater Horizon oil spill caused $17.2 billion in environmental damage to the Gulf of Mexico The researchers behind the Science study estimate that it inflicted $17.2 billion in damages on the Gulf's natural resources. . Apr 20, 2017 Business Insider The 10 worst oil spills in history The effects of major oil spills like BP's Deepwater Horizon or the Exxon Valdez on marine life and the environment last for years. . Dec 28, 2022 National Geographic Ten years later, BP oil spill continues to harm wildlife—especially dolphins New Orleans, Louisiana — On April 20, 2010, an explosion at the BP Deepwater Horizon oil rig released over 130 million gallons of crude oil... . Apr 17, 2020 2 Quote Share this post Link to post Share on other sites
specinho + 467 October 28 (edited) 23 hours ago, turbguy said: Sincere? Elon actually said "I don't trust software". Such as the stuff behind optical ballot scanners? That's a non-challenging task! Like the stuff in his self driving vehicles? Like the stuff that returns his boosters to the point of launch? Like the stuff Astronauts put their lives on the line to control orbital missions? You gotta be kidding. What he meant by " i don't trust software" is probably true. a) could you recall a short video posted here about previous election several years ago, featuring a clone of Elon (short, obesed, with untidy face) and an Indian friend? - they showed up at one of the vote counting centers, at 4a.m. in the morning, with a box of ballots. They walked in, put the ballots box there, walked out, like the center was a public loo... - if it was a test on the vote counting machines, it might not be wrong to say, the software is flawed. b) could you recall a post on 'interesting engineering' regarding his self driving software?? The software got a " D ", on a test drive...... Which is disastrous. c) i do not know much about software that returns the booster back to launch pad. Thought it always dropped into and swims in the pacific ocean until rescued. Was there a parachute for it?? d) software is as good as it gets with the intelligence of programmers. Played with a software that could produce animation at ease with command. Created by the kind (Carneigie??) to empower me transforming one of my books into anim. ( This software is widely used now in schools of a state in USA, if not mistaken) Someone sabotaged my version downloaded. Something did not work e.g. picture library, some commands could be overwritten etc. At the end, the basic version created out of spontaneity was hilarious, but not to the standard of animating a book. Software has a disadvantageous side: Not everyone can get the max benefit from what is programmed by others. It is so called " garbage in- garbage out". When you give garbage command, it will show you garbage outcome. That is if you know it...... Imagine if we are expert in the field, we do not know but trust software fully............ Modern predictive models are one; extrapolative models another. You know what we get...... Edited October 28 by specinho Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 On 10/26/2024 at 8:34 AM, TailingsPond said: The externalities from the oil industry are huge. Polluted air and water is a massive social burden, as are explosions. The deepwater horizon disaster alone was epic. Lac-Megantic was also terrible. The reverse externalities from shutting down fossil fuels are much greater, with billions of people at risk. Not even close. Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 On 10/26/2024 at 9:31 PM, TailingsPond said: The cult just can't handle my level. Maybe a couple more will bugger off this energy market site. Boo Hoo. You really are out of touch with reality. Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 (edited) 10 hours ago, notsonice said: WTI down 4%???? no way ....fake news... Oil at $68......computers are screwed up We all know that Ecochump is the forum expert on oil and coal and if he says demand is hot and getting hotter he is right tommorow morning when you wake up it will be at $100 a barrel This is like getting all worked up when we have a hurricane...this is just weather, not climate. We should be getting out of recession sometime next year or two. You have to hope that the hopeless executives in Washington get another term....which is not realistic. Edited October 28 by Ecocharger Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM October 28 24 minutes ago, Ecocharger said: This is like getting all worked up when we have a hurricane...this is just weather, not climate. We should be getting out of recession sometime next year or two. You have to hope that the hopeless executives in Washington get another term....which is not realistic. I hear your oil recession in Russia really bites, sorry comrade that your life is not going well. Looks like the price of Oil is collapsing bad today.............more bad news for your beloved, fellow, Russians. How is your Oil demand is it hot and getting hotter..........$4 drop already today ...oh my ....something wrong???? You were touting $100 oil not so long ago.....did you go long on your Oil demand is hot and getting hotter.........you must be rich by now...... if you did not jump in July when you were screaming Oil demand is hot and getting hotter...Jump in now ......put your money where your mouth is . You have a degree in Econ.??? Bachelors??? is that right???? man I bet you make a fortune as an Economist....Your degree must come in handy ......as you should be able to predict the price of Oil should go up with your Crazy increases in demand........when something is in hot demand that should result in the price going higher??? right??? pesky EVs in China .......turn in your clunker now and you will get a double clunker rebate bonus PS Florida beach front property ...selling real cheap these days.........as land underwater does not have much value....thanks to climate change....oooopssss I mean your ....weather ... You should buy some beachfront.....as you seem to think these pesky hurricanes are just the Usual weather that one should expect...... Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 2 hours ago, Ecocharger said: The reverse externalities from shutting down fossil fuels are much greater, with billions of people at risk. Not even close. LOL There is no such thing as a reverse extenality mr economist. Externalities can have positive, or negative effects but they're not "reverse." https://en.wikipedia.org/wiki/Externality Try harder. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 2 hours ago, Ecocharger said: This is like getting all worked up when we have a hurricane...this is just weather, not climate. We should be getting out of recession sometime next year or two. Weather doesn't last years, weather is short-term, and "any year now" is a useless prediction. Oil is down even more from last year when you said it would be high. It is also down from a month a ago when you said the future of oil is looking bright. If you don't want to look silly don't make wrong predictions. FYI the economy is doing quite well right now. Markets are up and interest rates are getting cut as inflation is slowing. Also remember economists do not predict elections (your words) so don't do that; or maybe the phrase should be economists can't predict elections, they may try but they fail. 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 (edited) Lets look at this "recession" that you claim is hurting oil: DOW up 28.9% in last 12 months. S&P up 40.0% last 12 months. Meanwhile WTI oil fell from $82 to $68 (-17%). Oil prices are not tracking with the economy. Edited October 28 by TailingsPond 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 (edited) On 10/2/2024 at 7:29 PM, Ecocharger said: Demand for oil has increased in 2024 even as the production levels of American oil are going up. Less than a month ago. Edited October 28 by TailingsPond 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE October 28 (edited) On 10/4/2024 at 11:08 AM, Ecocharger said: Actually, you are off base as usual, way off base. Future expectations of oil prices are looking rather good. Always wrong. Edited October 28 by TailingsPond 2 Quote Share this post Link to post Share on other sites
turbguy + 1,540 October 28 (edited) 13 hours ago, specinho said: What he meant by " i don't trust software" is probably true. a) could you recall a short video posted here about previous election several years ago, featuring a clone of Elon (short, obesed, with untidy face) and an Indian friend? - they showed up at one of the vote counting centers, at 4a.m. in the morning, with a box of ballots. They walked in, put the ballots box there, walked out, like the center was a public loo... - if it was a test on the vote counting machines, it might not be wrong to say, the software is flawed. b) could you recall a post on 'interesting engineering' regarding his self driving software?? The software got a " D ", on a test drive...... Which is disastrous. c) i do not know much about software that returns the booster back to launch pad. Thought it always dropped into and swims in the pacific ocean until rescued. Was there a parachute for it?? d) software is as good as it gets with the intelligence of programmers. Played with a software that could produce animation at ease with command. Created by the kind (Carneigie??) to empower me transforming one of my books into anim. ( This software is widely used now in schools of a state in USA, if not mistaken) Someone sabotaged my version downloaded. Something did not work e.g. picture library, some commands could be overwritten etc. At the end, the basic version created out of spontaneity was hilarious, but not to the standard of animating a book. Software has a disadvantageous side: Not everyone can get the max benefit from what is programmed by others. It is so called " garbage in- garbage out". When you give garbage command, it will show you garbage outcome. That is if you know it...... Imagine if we are expert in the field, we do not know but trust software fully............ Modern predictive models are one; extrapolative models another. You know what we get...... Scanning ballots and counting/reporting the black dots it a TRIVIAL task! Even a human can do it! Although the human would make mistakes. The hard part is designing the ballots correctly. That is not done in "software", a HUMAN does that. And that task gets confirmed by a whole host of other humans, and then the tabulators as well. Software does EXACTLY what it is told to do (damn it)! Edited October 28 by turbguy Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 4 minutes ago, notsonice said: I hear your oil recession in Russia really bites, sorry comrade that your life is not going well. Looks like the price of Oil is collapsing bad today.............more bad news for your beloved, fellow, Russians. How is your Oil demand is it hot and getting hotter..........$4 drop already today ...oh my ....something wrong???? You were touting $100 oil not so long ago.....did you go long on your Oil demand is hot and getting hotter.........you must be rich by now...... if you did not jump in July when you were screaming Oil demand is hot and getting hotter...Jump in now ......put your money where your mouth is . You have a degree in Econ.??? Bachelors??? is that right???? man I bet you make a fortune as an Economist....Your degree must come in handy ......as you should be able to predict the price of Oil should go up with your Crazy increases in demand........when something is in hot demand that should result in the price going higher??? right??? pesky EVs in China .......turn in your clunker now and you will get a double clunker rebate bonus PS Florida beach front property ...selling real cheap these days.........as land underwater does not have much value....thanks to climate change....oooopssss I mean your ....weather ... You should buy some beachfront.....as you seem to think these pesky hurricanes are just the Usual weather that one should expect...... Times are tough all over, I guess you don't read the news, bud. https://oilprice.com/Geopolitics/International/Geopolitical-Tensions-Cast-Shadow-Over-EV-Industry.html "Chinese EV battery maker SVOLT is shutting down all European operations, including its German subsidiaries, and laying off staff. The decision comes amidst regulatory conflicts between the EU and Chinese EV manufacturers, as well as declining EV sales in Europe. SVOLT has faced financial difficulties, reporting cumulative losses and abandoning plans for a Shanghai IPO." 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 (edited) 3 hours ago, TailingsPond said: Always wrong. I guess you do not read the news, bud. EVs are in trouble again, as usual. Edited October 28 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 (edited) 5 hours ago, TailingsPond said: Lets look at this "recession" that you claim is hurting oil: DOW up 28.9% in last 12 months. S&P up 40.0% last 12 months. Meanwhile WTI oil fell from $82 to $68 (-17%). Oil prices are not tracking with the economy. I guess you do not understand what a "recession" is, hint: it is not the financial markets. On the other hand, I should not expect anything from a non-Economist. Edited October 28 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL October 28 (edited) 6 hours ago, TailingsPond said: Weather doesn't last years, weather is short-term, and "any year now" is a useless prediction. Oil is down even more from last year when you said it would be high. It is also down from a month a ago when you said the future of oil is looking bright. If you don't want to look silly don't make wrong predictions. FYI the economy is doing quite well right now. Markets are up and interest rates are getting cut as inflation is slowing. Also remember economists do not predict elections (your words) so don't do that; or maybe the phrase should be economists can't predict elections, they may try but they fail. I did not predict, I just referred to some expert predicitions...you seem to be having a bad day. You should learn to distinguish long-term from short-term trends. Edited October 28 by Ecocharger 2 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM October 28 (edited) 1 hour ago, Ecocharger said: imes are tough all over,T I guess you don't read the news, bud. https://oilprice.com/Geopolitics/International/Geopolitical-Tensions-Cast-Shadow-Over-EV-Industry.html "Chinese EV battery maker SVOLT is shutting down all European operations, including its German subsidiaries, and laying off staff. The decision comes amidst regulatory conflicts between the EU and Chinese EV manufacturers, as well as declining EV sales in Europe. SVOLT has faced financial difficulties, reporting cumulative losses and abandoning plans for a Shanghai IPO." Times are tough all over???? maybe in your trailer park and with an Econ degree.......I would think times are tough for you In the Good ole USA Investopedia Powerhouse U.S. Economy Likely Accelerated In Third Quarter The U.S. economy likely gained momentum in the third quarter, as consumer spending boosted the Gross Domestic Product, if forecasters are... . 5 hours GDP booming ....3 percent a year and jobs......well everyone has one expect those who are too lazy to work or .......are unqualified (IE they got worthless degrees) and interest rates are moving down and inflation caused by the crazy oil prices of 2022 is gone and EV sales are up up up only thing that is down is oil demand........6 percent drop in one day???? now you are an Economist.........working everyday as one?????? You tell us all, does the price of a commodity go down when demand is up or does it go down when demand is down?????? You are a degreed Economist and 6 percent drop in oil and the stock markets are at record highs.......and up again today and you think that we are in a recession........hmmmmmm record high stock prices are , from what I remember, do no happen in recessions oh boy looks like the only losers in todays economy are oil producers , refiners and Nat gas producers did you see the price of nat gas down over 10 percent today....pesky renewables looks like the only thing can move the price up in Oil is war in the Middle East that would affect supply as we all know demand is not a price driver today (last I checked the last recession in the US was 2020).....Now maybe you still are living your fantasy that the US would be in a recession last year or this one....Boooo Hoooo your praying for bad things did not work Oil Prices Today | OilPrice.com Oil Continues Downward Slide Shedding Over 6% Oil markets have continued the downward spiral, with oil prices falling dramatically after Israel launched limited attacks on Iran. . 1 hour ago World-News/Oil-Continues-Downward-Slide-Shedding-Over-6.html InsideEVs The U.S. Surpassed Europe In EV Sales Last Quarter: Report Tesla, General Motors, Ford and others are driving record EV sales in the U.S., edging out Europe in the process. . 3 days ago Barron's Edited October 28 by notsonice 1 2 Quote Share this post Link to post Share on other sites