TailingsPond + 1,007 GE 11 hours ago (edited) 6 hours ago, Ecocharger said: You seem to react to daily data...ridiculous. I posted 5 year data. Respond to that time frame. Nice try deflecting. That said, reacting to daily data is not a bad thing. Short-term or day trading is a thing, the markets do it all the time. I get the feeling you have no investments, no skin in the game, no need to check morning market reports. Edited 10 hours ago by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 1,007 GE 10 hours ago 6 hours ago, Ecocharger said: "You can see"! Show us some data. Look with your eyes. Quote Share this post Link to post Share on other sites
TailingsPond + 1,007 GE 10 hours ago 4 hours ago, specinho said: I'm not saying "experts like engineers are no longer relevant". But, prior to continue asking engineers or experts to do something while they are already doing their best, it is good to have a functional refreshing view before doing anything more... Academicians living in ivory towers without a care what happens in real world could have been the first to be booted in real world problem solving team. Pure scientists and engineers are different. Engineers use existing science to solve a real world problems or create a product. Academics discover new science even is it is essentially useless when it is discovered. However, pure science often becomes useful products down the road. For example, Einstein's relativity equations had little practical usefulness at first but now allow for GPS satellites to work. Quote Share this post Link to post Share on other sites
TailingsPond + 1,007 GE 10 hours ago (edited) 6 hours ago, Ecocharger said: Oil demand is currently growing to all-time highs again, very impressive, and before the markets become liberated by the incoming President. The POTUS can not change global oil demand short of starting wars. So far the election results have only boosted Tesla, not oil, and the global markets are not restricted and in need of "liberation." Edited 10 hours ago by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,473 DL 3 hours ago 7 hours ago, TailingsPond said: I posted 5 year data. Respond to that time frame. Nice try deflecting. That said, reacting to daily data is not a bad thing. Short-term or day trading is a thing, the markets do it all the time. I get the feeling you have no investments, no skin in the game, no need to check morning market reports. No losses.... Quote Share this post Link to post Share on other sites
Ecocharger + 1,473 DL 3 hours ago 7 hours ago, TailingsPond said: Look with your eyes. Give some data. Quote Share this post Link to post Share on other sites
Ecocharger + 1,473 DL 3 hours ago (edited) 6 hours ago, TailingsPond said: The POTUS can not change global oil demand short of starting wars. So far the election results have only boosted Tesla, not oil, and the global markets are not restricted and in need of "liberation." Oil demand continues to break all-time high levels, as I showed you above. Oil demand is currently growing to all-time highs again, very impressive, and before the markets become liberated by the incoming President. https://oilprice.com/Energy/Energy-General/StanChart-Traders-Continue-to-Ignore-Non-OPEC-Supply-Slowdown.html "Previously, StanChart pointed out that oil demand growth, not absolute oil demand, is what has been slowing down from earlier post-pandemic years. Indeed, StanChart has noted that global oil demand has been setting a series of new all-time highs in the current year. StanChart reported that the largest demand gains in August came from Korea (219 kb/d), Italy (185 kb/d), Saudi Arabia (117 kb/d), Türkey (99 kb/d) and Spain (88 kb/d). StanChart has now revised its 2024 global demand growth estimate upwards to 1.45 mb/d, thanks to the bigger-than-expected growth in August." South Korea leads the list, and it is interesting to see why. It has partly to do with the public controversies over EV fires which have threatened to destroy buildings when EV batteries are charging overnight in parking basements and overheat. https://driving.ca/auto-news/driver-info/ev-electric-vehicle-fire-south-korea-mercedes-benz-parking-garage-sales "The market in South Korea has responded to these fires with a reported sagging demand for new EVs, despite a round of price cuts, not to mention a spike in listings of used ones. Sound familiar? However, the stats fans mentioned above could also point out that ...deliveries of new EVs are down about 13% year-over-year in the first seven months of this annum..." Edited 3 hours ago by Ecocharger Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,245 er 1 hour ago 9 hours ago, TailingsPond said: The POTUS can not change global oil demand short of starting wars. So far the election results have only boosted Tesla, not oil, and the global markets are not restricted and in need of "liberation." Dude, you're one stubborn mf'er. Oil still is KING and ICE vehicles are and will be 95% sales for the foreseeable future. So expect demand to go up if price of crude drops, and EV's will be suppressed even further if oil dips to the mid 60's WTI. You seem to not comprehend EV's cost more to operate than ICE. 103.5 barrels/daily and will climb from there. OPEC and IEA both mis-judged consumption last quarter and back stepped their thinking. You seem to have an arrogance about your knowledge of all things relating to Energy as you put it. You argue for the sake of arguing. You're a petty keyboard warrior and can't face the facts. You obviously are not retarded, just too much time on your hands. Maybe find another forum your more qualified to "learn us luddites" as notsosmart says. Quote Share this post Link to post Share on other sites