TailingsPond + 1,010 GE November 22 (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 November 22 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 22 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 + 1,010 GE November 22 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. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 22 (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 November 22 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 22 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 + 1,483 DL November 22 7 hours ago, TailingsPond said: Look with your eyes. Give some data. Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 22 (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 November 22 by Ecocharger Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,252 er November 22 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. 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 710 November 23 17 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. 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." I agree, and think that LNG may enjoy even more growth. 2 Quote Share this post Link to post Share on other sites
turbguy + 1,547 November 23 On 11/21/2024 at 12:48 AM, specinho said: I'm confused by contents of coal. If the assumption is: coal was formed millions of years ago by mainly fallen plants/ trees, the event must be a massive natural disaster like earthquake, volcanic eruption, etc. If they are found along the line of oil and gas, then they could be formed in about the same era, in the same event?? Next, they were covered quickly by magma and/ or lava and treated under high heat and pressure. Charcoal formed. Is there no unpolluted charcoal when coal is mined? 2. If assumption is made again. Charcoal was sealed with magma and lava. Anything that could be found in the liquid layer of earth content, could be found in coal. E.g. silica, alumina, minerals, trace elements and heavy metals. While coal is mined, those come out with it. Not sure how is the situation? Magma and lava are likely very hard layer. They could be rocky, sandy or glassy? Could this layer be differentiated from much softer charcoal or coal beneath it? Can any separation or refinement be done on this stage? If yes, instead of having 10 - 50% of coal, they could have more? Coal tunnels in developing countries could collapse. Is there any possibility to change how coal is mined if separation could be done? For example, cut into chunk size the way rocks are cut, then separate hard lava layer from charcoal/coal, instead of pulverized coal before sending out. Pulverized coal might have one disadvantage: the small size is cutting the air off when burnt in large quantity? Could this be the reason rocks, silica/ sand are not removed to increase space among powdered carbon particles? Compound of heavy metal usually sink because they are heavy, right? When coal ash is dissolved in water, could adding EDTA efficient enough to clear potential toxic metal e.g. plumbum, arsenic, etc? We really need a "question mark" reaction emoji for such postings. Adding more mined or manufactured "stuff" to neutralize "stuff" is insane (but could be profitable). Coal formation theories are out there. You have google. Go look for it 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 23 5 hours ago, Old-Ruffneck said: 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. I am very stubborn; my Corgi dog "Newton" is also very stubborn. They say don't get a corgi unless you are stubborn. Oil is still king, but if you look at history most monarchies fall. Quote Share this post Link to post Share on other sites
Old-Ruffneck + 1,252 er November 23 17 hours ago, TailingsPond said: Oil is still king, but if you look at history most monarchies fall. It's a commodity. WTF you smokin' up there? Good Ganji? 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 25 (edited) On 11/22/2024 at 10:55 PM, TailingsPond said: I am very stubborn; my Corgi dog "Newton" is also very stubborn. They say don't get a corgi unless you are stubborn. Oil is still king, but if you look at history most monarchies fall. There is only one King Oil, and some monarchies have lasted thousands of years. Thanks for the analogy. Oil prices are currently being supported by the risks of major war. https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Expects-Brent-Oil-to-Average-76-Per-Barrel-in-2025.html "...there is an upside risk to prices in the near term, if the U.S. enforces stricter sanctions on the Iranian oil industry and exports, according to Goldman Sachs." "Oil prices were on track to post a weekly gain after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a Ukrainian attack with U.S. and British ATACMS missiles on Russian territory." Edited November 25 by Ecocharger 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 (edited) 16 minutes ago, Ecocharger said: There is only one King Oil, and some monarchies have lasted thousands of years. Thanks for the analogy. Oil prices are currently being pd by the risks of major war. https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Expects-Brent-Oil-to-Average-76-Per-Barrel-in-2025.html "...there is an upside risk to prices in the near term, if the U.S. enforces stricter sanctions on the Iranian oil industry and exports, according to Goldman Sachs." "Oil prices were on track to post a weekly gain after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a Ukrainian attack with U.S. and British ATACMS missiles on Russian territory." Still referencing Tsvetana Paraskova for "your" analysis? Did she even study economics? To be clear do you want a major war just to bump oil prices? You also mentioned "weekly gain" - funny because you recently said year long time scales were not long enough. Edited November 25 by TailingsPond 1 Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 On 11/20/2024 at 2:13 AM, Ecocharger said: No, one year is not enough. Funny, one week gains are enough when it comes to oil. Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 20 minutes ago, Ecocharger said: "Oil prices were on track to post a weekly gain after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. War mongering. Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 (edited) 25 minutes ago, Ecocharger said: There is only one King Oil, and some monarchies have lasted thousands of years. Thanks for the analogy. No king has lasted for thousands of years. You should realize that for much of human history we used no petroleum. Edited November 25 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 (edited) On 11/23/2024 at 2:01 PM, Old-Ruffneck said: It's a commodity. WTF you smokin' up there? Good Ganji? You were the one that personified oil, not me. "Oil still is KING " Edited November 25 by TailingsPond Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 25 (edited) 11 hours ago, TailingsPond said: No king has lasted for thousands of years. You should realize that for much of human history we used no petroleum. You should actually read the historical record. https://oilprice.com/Energy/Energy-General/IMFs-Proposed-Carbon-Restrictions-Could-Have-Major-Economic-Repercussions.html "Temperature records for hundreds of millions of years prove that warming periods are a mainstay of the Earth's climate history. In comparison, our current era is one of the coldest, not the warmest. Climate scientists ignore this data and use temperature records going back to the 1880s. Meaning, their data is based on a mere 140 years of the Earth's history. The current warming rate is not significant to other periods, nor is there any evidence that human activity is causing it. Data on carbon levels of the past show that temperatures do not necessarily rise in tandem with carbon activity. Carbon emissions are also far lower today than they have been in the past. The claim that carbon concentration due to human activity has a drastic influence on global temperatures (or weather) is absolutely unfounded. " It is clear from the records above that CO2 and earth temperature are anti-phasal. This has been known for quite some time, but the data have been ignored in the interest of twisting science into a political tool. Edited November 25 by Ecocharger 2 1 Quote Share this post Link to post Share on other sites
TailingsPond + 1,010 GE November 25 (edited) 5 hours ago, Ecocharger said: You should actually read the historical record. https://oilprice.com/Energy/Energy-General/IMFs-Proposed-Carbon-Restrictions-Could-Have-Major-Economic-Repercussions.html I wasn't even mentioning climate change, try to keep up. You should stop relying on the oilprice home page for your posts. Try using your own words for a change. $68.94 WTI today fancy that. Edited November 25 by TailingsPond 1 Quote Share this post Link to post Share on other sites
notsonice + 1,262 DM November 25 5 hours ago, Ecocharger said: You should actually read the historical record. https://oilprice.com/Energy/Energy-General/IMFs-Proposed-Carbon-Restrictions-Could-Have-Major-Economic-Repercussions.html "Temperature records for hundreds of millions of years prove that warming periods are a mainstay of the Earth's climate history. In comparison, our current era is one of the coldest, not the warmest. Climate scientists ignore this data and use temperature records going back to the 1880s. Meaning, their data is based on a mere 140 years of the Earth's history. The current warming rate is not significant to other periods, nor is there any evidence that human activity is causing it. Data on carbon levels of the past show that temperatures do not necessarily rise in tandem with carbon activity. Carbon emissions are also far lower today than they have been in the past. The claim that carbon concentration due to human activity has a drastic influence on global temperatures (or weather) is absolutely unfounded. " It is clear from the records above that CO2 and earth temperature are anti-phasal. This has been known for quite some time, but the data have been ignored in the interest of twisting science into a political tool. oh boy your posting an article that does not even bother to state where they are getting info from so lets look at the articles figure 1 as you posted below and that yuo posted...it references 5 as the source yet the article does not give any credit to the source 5. Copyright theft??????.............and the graph where did it come from???? Do you know where it came from????? do you have a source????. of course you do not as you have no idea what you reposted.... You have an Econ degree.....worthless. The article is from a global warming denier itself ...go figure , Zero Hedge ...which is a pro Russian site . And the Graph it is just a doctored version of the real graph...notice the time scale on the bottom...it is not linear.....it is doctored eo confuse you. Your graph shows no temperature scale on it that ties it to todays temperature. And I love the quote in the caption... most of the modern life on earth since the Cambrian Period...............Please tell me what part of modern life existed 500 millions years ago on earth to today........Yeah dummy, you are reposting an article full of gibberish from a climate denier . I take it that modern life on earth has only existed since cultivation of wheat, corn and rice has taken place......20,000 years so if you think that an increase of the earths temperature to a hot green house temperature is okay????? that is to hot to for peat swamps to exists well allow us to grow wheat corn or rice?????????? guess again ...............these 3 staples are the reason why the Human species is able to flourish......... I posted the real graph is posted below and it shows a correlation between temperature and CO2 concentrations and I also posted a similiar chart that shows when the polar ice caps dissappear...beach front property in Arkansas??? PS Polar ice caps are dissappearing fast..........you do not have to take my word for it.....head to Florida.....lots of flooded out homes for sale ....real cheap. What year do you think the polar Ice caps will be gone?????? 2050? 2075??? Arctic Sea Ice Near Historic Low; Antarctic Ice Continues ... NASA (.gov) https://www.nasa.gov › earth › arctic-sea-ice-near-histor... Sep 24, 2024 — Arctic sea ice retreated to near-historic lows in the Northern Hemisphere this summer, likely melting to its minimum extent for the year on Sept.11, 2024. Preliminary results from a Smithsonian Institution project led by Scott Wing and Brian Huber, showing Earth's average surface temperature over the past 500 million years. For most of the time, global temperatures appear to have been too warm (red portions of line) for persistent polar ice caps. The most recent 50 million years are an exception. Image adapted from Smithsonian National Museum of Natural History. 1 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 26 (edited) 2 hours ago, notsonice said: oh boy your posting an article that does not even bother to state where they are getting info from so lets look at the articles figure 1 as you posted below and that yuo posted...it references 5 as the source yet the article does not give any credit to the source 5. Copyright theft??????.............and the graph where did it come from???? Do you know where it came from????? do you have a source????. of course you do not as you have no idea what you reposted.... You have an Econ degree.....worthless. The article is from a global warming denier itself ...go figure , Zero Hedge ...which is a pro Russian site . And the Graph it is just a doctored version of the real graph...notice the time scale on the bottom...it is not linear.....it is doctored eo confuse you. Your graph shows no temperature scale on it that ties it to todays temperature. And I love the quote in the caption... most of the modern life on earth since the Cambrian Period...............Please tell me what part of modern life existed 500 millions years ago on earth to today........Yeah dummy, you are reposting an article full of gibberish from a climate denier . I take it that modern life on earth has only existed since cultivation of wheat, corn and rice has taken place......20,000 years so if you think that an increase of the earths temperature to a hot green house temperature is okay????? that is to hot to for peat swamps to exists well allow us to grow wheat corn or rice?????????? guess again ...............these 3 staples are the reason why the Human species is able to flourish......... I posted the real graph is posted below and it shows a correlation between temperature and CO2 concentrations and I also posted a similiar chart that shows when the polar ice caps dissappear...beach front property in Arkansas??? PS Polar ice caps are dissappearing fast..........you do not have to take my word for it.....head to Florida.....lots of flooded out homes for sale ....real cheap. What year do you think the polar Ice caps will be gone?????? 2050? 2075??? Arctic Sea Ice Near Historic Low; Antarctic Ice Continues ... NASA (.gov) https://www.nasa.gov › earth › arctic-sea-ice-near-histor... Sep 24, 2024 — Arctic sea ice retreated to near-historic lows in the Northern Hemisphere this summer, likely melting to its minimum extent for the year on Sept.11, 2024. Preliminary results from a Smithsonian Institution project led by Scott Wing and Brian Huber, showing Earth's average surface temperature over the past 500 million years. For most of the time, global temperatures appear to have been too warm (red portions of line) for persistent polar ice caps. The most recent 50 million years are an exception. Image adapted from Smithsonian National Museum of Natural History. I guess you have trouble reading the English language, bud. Your first graph is remarkably similar to the same one I posted from the Zerohedge...surprise, surprise. Clearly there is an anti-phasal relationship between CO2 and global temperature, as shown on your second graph. And the first graph in the Zerohedge is from September 2024 and the Smithsonian study..surprise, surprise. I guess you just were too lazy to look that up. These basic CO2 models are largely beside the point, it is necessary to include atmospheric H2O into any model to get a realistic result. Edited November 26 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 26 Oil production is at another all-time high as the major oil companies ramp up output to meet growing oil demand. https://oilprice.com/Latest-Energy-News/World-News/US-Oil-Output-Hits-Record-High-in-August.html "The United States set a new crude oil production record in August 2024, averaging 13.4 million barrels per day (bpd), according to the Energy Information Administration (EIA). This figure eclipsed the previous peak of 13.3 million bpd in December 2023 and solidified the U.S.'s position as the world’s top oil producer—a title it has held since 2018." "Big Oil – ExxonMobil, Chevron, Shell, BP, and TotalEnergies – reported last week growing oil and gas production for the third quarter from a year earlier, as they look to grow advantaged lower-cost assets to deliver the energy the world needs. Meanwhile, European majors have scaled back their renewables ambitions and pivoted back to their core business of oil and gas." 1 1 Quote Share this post Link to post Share on other sites
specinho + 471 November 27 On 11/25/2024 at 2:48 PM, Ecocharger said: There is only one King Oil, and some monarchies have lasted thousands of years. Thanks for the analogy. Oil prices are currently being supported by the risks of major war. https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Expects-Brent-Oil-to-Average-76-Per-Barrel-in-2025.html "...there is an upside risk to prices in the near term, if the U.S. enforces stricter sanctions on the Iranian oil industry and exports, according to Goldman Sachs." "Oil prices were on track to post a weekly gain after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a Ukrainian attack with U.S. and British ATACMS missiles on Russian territory." This reply does not intend to commend on the content posted but on US aid to Ukraine. The follow screenshot was found on linkedin: Quote Share this post Link to post Share on other sites
Ecocharger + 1,483 DL November 27 (edited) Well, it was inevitable, just a matter of time. The EV transition is officially OVER. We could see this coming a long time ago and warned the people running the show that they were just wasting oodles of money for no good purpose. Now with the Trump election an undeniable fact, reality is becoming acceptable and legitimate. https://oilprice.com/Energy/Energy-General/UK-Government-May-Relax-Rules-On-EV-Targets.html "The UK government is set to review electric vehicle sales rules through a "fast track" consultation. Under existing rules, EVs must account for 22% of car sales and 10% of van sales this year, with non-compliance resulting in £15,000 fines per vehicle. While EV sales have risen, making up nearly a quarter of registrations in October, industry sources attribute this to heavy discounting, which they claim is unsustainable." Edited November 27 by Ecocharger 1 1 Quote Share this post Link to post Share on other sites