GREEN NEW DEAL = BLIZZARD OF LIES

[Ecocharger + 1,486]

The fantasies about "energy transition" just keep crashing down.

https://oilprice.com/Energy/Energy-General/Can-Europe-Afford-Its-Energy-Transition.html

"A new report estimates the EU's green transition could cost €1.3 trillion annually until 2030 and €1.54 trillion annually until 2050.

The high cost of the transition may require higher taxes, subsidies, and potentially national green investment strategies.

Concerns exist about public support for the transition due to rising living costs and potential harm to businesses' competitiveness."

"...the think tank also wrote, basically suggesting that transition policies should be turned into the focus and basis of all national policies.

While that might be possible, if difficult, to do with all pro-transition governments across the EU, the implementation remains dependent on over a trillion euros in investments every single year between now and 2030—and Europeans are already angry enough with their rising cost of living. Bruegel calls the criticism of EU climate policies populism and accuses critics of making false statements about the damage that the transition would do to the EU’s competitiveness. Yet evidence points in the opposite direction: the transition is making life in the EU a lot more expensive, destroying European businesses’ competitiveness and even threatening their survival. The impossibility of finding enough money to fund the transition could be a blessing in disguise."

[TailingsPond + 1,013]

1 hour ago, Ecocharger said:

The fantasies about "energy transition" just keep crashing down.

https://oilprice.com/Energy/Energy-General/Can-Europe-Afford-Its-Energy-Transition.html

 

Still not using your own words.

Also remember you actively attempted to discredit the author Irina Slav recently. 

[TailingsPond + 1,013]

1 hour ago, Ecocharger said:

While that might be possible, if difficult, to do with all pro-transition governments across the EU

Read the articles.

Edited December 10 by TailingsPond

[Old-Ruffneck + 1,257]

This article has two writers: Read from top to bottom. Hilarious!! 

Oil Giants Bet Big on a Deepwater Boom | OilPrice.com

[Ecocharger + 1,486]

The Chinese are cutting solar equipment production.

https://oilprice.com/Alternative-Energy/Solar-Energy/Chinas-Solar-Producers-Follow-OPEC-Playbook-to-Curb-Overcapacity.html

"China's embattled solar equipment manufacturers are curbing supply in an OPEC-like manner.

China’s relentless growth of solar equipment output began to bite last year when demand couldn’t absorb all the supply.

The existential threat to the solar equipment sector was the main reason why more than 30 of China’s biggest companies in the industry signed a pact to have production quotas in 2025 based on current market shares."

[TailingsPond + 1,013]

1 hour ago, Ecocharger said:

The Chinese are cutting solar equipment production.

https://oilprice.com/Alternative-Energy/Solar-Energy/Chinas-Solar-Producers-Follow-OPEC-Playbook-to-Curb-Overcapacity.html

"China's embattled solar equipment manufacturers are curbing supply in an OPEC-like manner.

You realize how funny that is?

When solar panels production is curtailed "in an OPEC-like manner" you jump right on it. Haha!

You are too easy dude - you just admitted to oil production cuts again. You also recently discredited the author Tsvetana Paraskova you now reference.

Edited December 11 by TailingsPond

[TailingsPond + 1,013]

On 12/10/2024 at 5:31 AM, Old-Ruffneck said:

This article has two writers: Read from top to bottom. Hilarious!! 

Oil Giants Bet Big on a Deepwater Boom | OilPrice.com

"Currently, Guyana is on it's way to turning into a top oil producer in South America, with output set to hit 1.3 million barrels daily in 2037."

OMG! 1.3 million mbpd in over a decade from now. 

For those that don't know Canada can make over 5 mbpd and USA can make over 20 - right now - not ten years from now.

 

Edited December 11 by TailingsPond

[Old-Ruffneck + 1,257]

10 hours ago, TailingsPond said:

"Currently, Guyana is on it's way to turning into a top oil producer in South America, with output set to hit 1.3 million barrels daily in 2037."

OMG! 1.3 million mbpd in over a decade from now. 

For those that don't know Canada can make over 5 mbpd and USA can can make over 20 - right now - not ten years from now.

 

Yes, I saw that too, lol. Such good writing or even checking what you wrote before hitting the "send" key. Production from several other sites has Guyana production 700k now, and 1.5 in 4 years. Very light 'sweet' which is attractive to many refiners. The amount of oil Suriname and Guyana will help both countries economies if they invest. Both have maybe 25 years of oil in reserves. 

[Ecocharger + 1,486]

Oil production is projected to increase going forward. No surprise at all on that.

https://oilprice.com/Latest-Energy-News/World-News/Exxon-to-Increase-Oil-Production-by-18-By-2030.html

"U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a target to increase overall oil and gas output to 5.4 million bpd by 2030, up about 18% from 4.58 million bpd currently. According to Exxon CEO Darren Woods, the increased project spending is expected "to generate returns of more than 30% over the life of the investments." 

Woods says that Exxon is focusing on growing production from low-cost fields because they offer it a "competitive advantage we think is unique in the industry." 

Exxon aims to more than triple its production in the Permian to 2.3 million barrels per day (bpd) by 2030 and pump 1.3 million bpd from its lucrative Guyana operations. "

[TailingsPond + 1,013]

2 hours ago, Ecocharger said:

Oil production is projected to increase going forward. No surprise at all on that.

https://oilprice.com/Latest-Energy-News/World-News/Exxon-to-Increase-Oil-Production-by-18-By-2030.html

"U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a target to increase overall oil and gas output to 5.4 million bpd by 2030, up about 18% from 4.58 million bpd currently.

Exxon has plans for 2030. A "plan" for +18% over 6 years... big deal.  18% over 6 years is garbage, any mutual good fund or GIC would easily outperform that.  Also 18% more production is not 18% more money if the price of oil continues to fall, even with 18% increase in production they can fold. FYI Exxon's entire valuation is a mere 492 billion and falling.

You should also report the other articles on the oil price main page.

https://oilprice.com/Energy/Crude-Oil/Oil-Wobbles-on-Crude-Inventory-Draw-Large-Fuel-Builds.html

"a draw of 5.1 million barrels for the previous week that pushed prices higher for a while but the gains soon got erased by the now chronic perception of weak global demand growth prospects."

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Cuts-Oil-Demand-Projections-A-5th-Straight-Month.html

"OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest. OPEC has cut 2024 demand growth by 210,000 barrels a day to 1.6 million barrels a day, 27% below its first estimate made in July, Bloomberg reported."

Since my last post on Tesla just a few hours ago they made another 0.01T with a valuation of 1.32T.

Look at all the money being made RIGHT NOW.  These are not plans for years down the road, look at the current reality.

 

 

 

Edited December 11 by TailingsPond

[notsonice + 1,266]

3 hours ago, TailingsPond said:

Exxon has plans for 2030. A "plan" for +18% over 6 years... big deal.  18% over 6 years is garbage, any mutual good fund or GIC would easily outperform that.  Also 18% more production is not 18% more money if the price of oil continues to fall, even with 18% increase in production they can fold. FYI Exxon's entire valuation is a mere 492 billion and falling.

You should also report the other articles on the oil price main page.

https://oilprice.com/Energy/Crude-Oil/Oil-Wobbles-on-Crude-Inventory-Draw-Large-Fuel-Builds.html

"a draw of 5.1 million barrels for the previous week that pushed prices higher for a while but the gains soon got erased by the now chronic perception of weak global demand growth prospects."

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Cuts-Oil-Demand-Projections-A-5th-Straight-Month.html

"OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest. OPEC has cut 2024 demand growth by 210,000 barrels a day to 1.6 million barrels a day, 27% below its first estimate made in July, Bloomberg reported."

Since my last post on Tesla just a few hours ago they made another 0.01T with a valuation of 1.32T.

Look at all the money being made RIGHT NOW.  These are not plans for years down the road, look at the current reality.

 

 

 

now compare Exxon to Tesla....they really are two different companies    

what is Teslas Dividend?????? nada ....just gambling when you buy it at $400 a share...today just revisiting a past peak.............gotta love what happens after it peaks.................

Tesla stock history   boom bust boom and bust..........don't you love it when suckers buy at $400 and lose up to 70 percent in Tesla Stock in just a few years?????

compare it to Exxon which is a long term  dividend company over the past 100 years...not a gambling company...not a big gamble when you buy its shares

 

please post on when you think Tesla will pay out a dividend????????? Dividends are real money not paper gains that have no assests behing them

 

[zlganmaarleyo8961 0]

Добрый день дамы и господа[url=https://ukrjizn.com/]![/url]
Если Вы хотите найти качественный источник новостей о событиях Украины на каждый день, тогда Вы обратились туда, куда нужно.
Мы считаемся ТОПовым(ой) новостным СМИ в Украины, созданным независимыми редакторами, чтобы дать потребителю контента незаангажированную информацию.
Над каждым разделом работает группа редакторов, которые собирают правдивую информацию по крупицам и на выходе получается Топчик,
которую так долго ждет читатель.

[url=https://ukrjizn.com/][img]https://i114.fastpic.ru/big/2021/0530/7e/595fc32114c917dbddab190b3648467e.jpg[/img][/url]
У Нас Вы можете найти последние подборки новостей по таким разделам как, пенсии, зарплаты, субсидии, прогнозы, финансы, предсказания и тд.
Вот несколько актуальных новостей за последнее время:
1)[url=https://ukrjizn.com/]Посівний календар на 2024 рік для України [/url]
2)[url=https://ukrjizn.com/]Китайский календарь определения пола ребенка на 2024 год [/url]
3)[url=https://ukrjizn.com//]Точні прогнози для України та Росії на 2024 рік[/url]
4)[url=https://ukrjizn.com/]Важный гороскоп на 2024 год для Украины от сильнейших экстрасенсов [/url]
5)[url=https://ukrjizn.com/]Важливі передбачення мольфарів для України на 2024 рік [/url]
6)[url=https://ukrjizn.com/]Повышение зарплаты срочникам в Украине 2024 года [/url]
7)[url=https://ukrjizn.com/]Нерабочие праздничные дни в 2024 году в Украине [/url]
8)[url=https://ukrjizn.com/]Астрологічний прогноз на 2024 рік для України від екстрасенсів [/url]
9)[url=https://ukrjizn.com/]Состав потребительской корзины в Украине 2024 года [/url]
10)[url=https://ukrjizn.com/]Новые предсказания о Донбассе на 2024 год [/url]
Всегда рады помочь Вам!
С уважением, команда Ukrjizn


[url=https://ukrjizn.com/]спутник карта 2024[/url]
[url=https://ukrjizn.com/]гаи билеты украина[/url]
[url=https://ukrjizn.com/]хаял алекперов гороскоп на 2024 год для украины[/url]
[url=https://ukrjizn.com/]предсказания украина[/url]
[url=https://ukrjizn.com/]что ждет украину в 2024[/url]
[url=https://ukrjizn.com/]єврейські свята 2024[/url]
[url=https://ukrjizn.com/]амнистия 2024 украина когда выйдет[/url]
[url=https://ukrjizn.com/]хаял алекперов про україну 2024[/url]
[url=https://ukrjizn.com/]какой будет весна 2024[/url]
[url=https://ukrjizn.com/]символ 2024 року[/url]
[url=https://ukrjizn.com/]въезд на Украину для россиян в 2024 году 16-60 лет[/url]
[url=https://ukrjizn.com/]прогноз Павла Глобы на 2024 год для Украины[/url]
[url=https://ukrjizn.com/]зарплата медсестры в украине[/url]
[url=https://ukrjizn.com/]отмена летнего времени в Украине в 2024 году[/url]
[url=https://ukrjizn.com/]мапа україни супутникова[/url]
[url=https://ukrjizn.com/]плакат на новий рік 2024[/url]
[url=https://ukrjizn.com/]модні покраски волосся[/url]
[url=https://ukrjizn.com/]спутниковые частоты 2024[/url]
[url=https://ukrjizn.com/]новорічна стінгазета[/url]
[url=https://ukrjizn.com/]рейтинг вузов Киева[/url]
[url=https://ukrjizn.com/]ВВП Украины на душу населения[/url]
[url=https://ukrjizn.com/]календар риболова 2024[/url]
[url=https://ukrjizn.com/]когда лучше венчаться в 2024 году[/url]
[url=https://ukrjizn.com/]що віщують мольфари на 2024[/url]
[url=https://ukrjizn.com/]рейтинг депозитов в банках Украины[/url]
[url=https://ukrjizn.com/]карта разграничения ДНР и Украины за февраль[/url]
[url=https://ukrjizn.com/]зарплата медика Украины 2024[/url]
[url=https://ukrjizn.com/]календарь пола ребенка[/url]
[url=https://ukrjizn.com/]прогноз ванги на 2024 рік для україни[/url]
[url=https://ukrjizn.com/]льгота НДФЛ Украине[/url]
[url=https://ukrjizn.com/]как рассчитать декретные в украине[/url]
[url=https://ukrjizn.com/]когда закончится война 2024[/url]
[url=https://ukrjizn.com/]распечатать посевной календарь для Украины на 2024 год[/url]
[url=https://ukrjizn.com/]пророцтво ванги на 2024 рік[/url]
[url=https://ukrjizn.com/]охота на утку в украине 2024[/url]
[url=https://ukrjizn.com/]распечатать лунный посевной календарь огородника на 2024 год в Донецкой области[/url]
[url=https://ukrjizn.com/]глоба прогноз на 2024 для украины[/url]
[url=https://ukrjizn.com/]как перенастроить каналы на спутнике[/url]
[url=https://ukrjizn.com/]зарплата воспитателя в украине[/url]
[url=https://ukrjizn.com/]популярні співаки 2024[/url]
[url=https://ukrjizn.com/]тарифы Vodafone.ua для Донецкой области[/url]
[url=https://ukrjizn.com/]календарь зачатия 2024[/url]
[url=https://ukrjizn.com/]прогноз на 2024 год от Мессинга[/url]
[url=https://ukrjizn.com/]спутниковые карты высокого разрешения[/url]
[url=https://ukrjizn.com/]билеты пдд 2024 украина[/url]
[url=https://ukrjizn.com/]хлопчачі імена 2024[/url]
[url=https://ukrjizn.com/]спутниковая карта в реальном времени[/url]
[url=https://ukrjizn.com/]когда пенитенциарной службе повысят зарплату в Украине[/url]
[url=https://ukrjizn.com/]карта украині со спутника[/url]
[url=https://ukrjizn.com/]норми тривалості робочого часу на 2024 рік таблиця скачати безкоштовно[/url]

[TailingsPond + 1,013]

Oil price really needs to improve their IT staff.

@Selva

Constant spam for a long time.  If you guys need help let me know.  i could solve this consistent problem with a small budget.

Добрый день дамы и господа[url=https://ukrjizn.com/]![/url]
Если Вы хотите найти качественный источник новостей о событиях Украины на каждый день, тогда Вы обратились туда, куда нужно.
Мы считаемся ТОПовым(ой) новостным СМИ в Украины, созданным независимыми редакторами, чтобы дать потребителю контента незаангажированную информацию.
Над каждым разделом работает группа редакторов, которые собирают правдивую информацию по крупицам и на выходе получается Топчик,
которую так долго ждет читатель.

[url=https://ukrjizn.com/][img]https://i114.fastpic.ru/big/2021/0530/7e/595fc32114c917dbddab190b3648467e.jpg[/img][/url]
У Нас Вы можете найти последние подборки новостей по таким разделам как, пенсии, зарплаты, субсидии, прогнозы, финансы, предсказания и тд.
Вот несколько актуальных новостей за последнее время:
1)[url=https://ukrjizn.com/]Посівний календар на 2024 рік для України [/url]
2)[url=https://ukrjizn.com/]Китайский календарь определения пола ребенка на 2024 год [/url]
3)[url=https://ukrjizn.com//]Точні прогнози для України та Росії на 2024 рік[/url]
4)[url=https://ukrjizn.com/]Важный гороскоп на 2024 год для Украины от сильнейших экстрасенсов [/url]
5)[url=https://ukrjizn.com/]Важливі передбачення мольфарів для України на 2024 рік [/url]
6)[url=https://ukrjizn.com/]Повышение зарплаты срочникам в Украине 2024 года [/url]
7)[url=https://ukrjizn.com/]Нерабочие праздничные дни в 2024 году в Украине [/url]
8)[url=https://ukrjizn.com/]Астрологічний прогноз на 2024 рік для України від екстрасенсів [/url]
9)[url=https://ukrjizn.com/]Состав потребительской корзины в Украине 2024 года [/url]
10)[url=https://ukrjizn.com/]Новые предсказания о Донбассе на 2024 год [/url]
Всегда рады помочь Вам!
С уважением, команда Ukrjizn


[url=https://ukrjizn.com/]спутник карта 2024[/url]
[url=https://ukrjizn.com/]гаи билеты украина[/url]
[url=https://ukrjizn.com/]хаял алекперов гороскоп на 2024 год для украины[/url]
[url=https://ukrjizn.com/]предсказания украина[/url]
[url=https://ukrjizn.com/]что ждет украину в 2024[/url]
[url=https://ukrjizn.com/]єврейські свята 2024[/url]
[url=https://ukrjizn.com/]амнистия 2024 украина когда выйдет[/url]
[url=https://ukrjizn.com/]хаял алекперов про україну 2024[/url]
[url=https://ukrjizn.com/]какой будет весна 2024[/url]
[url=https://ukrjizn.com/]символ 2024 року[/url]
[url=https://ukrjizn.com/]въезд на Украину для россиян в 2024 году 16-60 лет[/url]
[url=https://ukrjizn.com/]прогноз Павла Глобы на 2024 год для Украины[/url]
[url=https://ukrjizn.com/]зарплата медсестры в украине[/url]
[url=https://ukrjizn.com/]отмена летнего времени в Украине в 2024 году[/url]
[url=https://ukrjizn.com/]мапа україни супутникова[/url]
[url=https://ukrjizn.com/]плакат на новий рік 2024[/url]
[url=https://ukrjizn.com/]модні покраски волосся[/url]
[url=https://ukrjizn.com/]спутниковые частоты 2024[/url]
[url=https://ukrjizn.com/]новорічна стінгазета[/url]
[url=https://ukrjizn.com/]рейтинг вузов Киева[/url]
[url=https://ukrjizn.com/]ВВП Украины на душу населения[/url]
[url=https://ukrjizn.com/]календар риболова 2024[/url]
[url=https://ukrjizn.com/]когда лучше венчаться в 2024 году[/url]
[url=https://ukrjizn.com/]що віщують мольфари на 2024[/url]
[url=https://ukrjizn.com/]рейтинг депозитов в банках Украины[/url]
[url=https://ukrjizn.com/]карта разграничения ДНР и Украины за февраль[/url]
[url=https://ukrjizn.com/]зарплата медика Украины 2024[/url]
[url=https://ukrjizn.com/]календарь пола ребенка[/url]
[url=https://ukrjizn.com/]прогноз ванги на 2024 рік для україни[/url]
[url=https://ukrjizn.com/]льгота НДФЛ Украине[/url]
[url=https://ukrjizn.com/]как рассчитать декретные в украине[/url]
[url=https://ukrjizn.com/]когда закончится война 2024[/url]
[url=https://ukrjizn.com/]распечатать посевной календарь для Украины на 2024 год[/url]
[url=https://ukrjizn.com/]пророцтво ванги на 2024 рік[/url]
[url=https://ukrjizn.com/]охота на утку в украине 2024[/url]
[url=https://ukrjizn.com/]распечатать лунный посевной календарь огородника на 2024 год в Донецкой области[/url]
[url=https://ukrjizn.com/]глоба прогноз на 2024 для украины[/url]
[url=https://ukrjizn.com/]как перенастроить каналы на спутнике[/url]
[url=https://ukrjizn.com/]зарплата воспитателя в украине[/url]
[url=https://ukrjizn.com/]популярні співаки 2024[/url]
[url=https://ukrjizn.com/]тарифы Vodafone.ua для Донецкой области[/url]
[url=https://ukrjizn.com/]календарь зачатия 2024[/url]
[url=https://ukrjizn.com/]прогноз на 2024 год от Мессинга[/url]
[url=https://ukrjizn.com/]спутниковые карты высокого разрешения[/url]
[url=https://ukrjizn.com/]билеты пдд 2024 украина[/url]
[url=https://ukrjizn.com/]хлопчачі імена 2024[/url]
[url=https://ukrjizn.com/]спутниковая карта в реальном времени[/url]
[url=https://ukrjizn.com/]когда пенитенциарной службе повысят зарплату в Украине[/url]
[url=https://ukrjizn.com/]карта украині со спутника[/url]
[url=https://ukrjizn.com/]норми тривалості робочого часу на 2024 рік таблиця скачати безкоштовно[/url]

Edited December 12 by TailingsPond

[TailingsPond + 1,013]

5 hours ago, notsonice said:

 

compare it to Exxon which is a long term  dividend company over the past 100 years...

You do not need dividends to make money. You missed the boat on the massive cash grab, enjoy your small oil dividends. A hundred years to make money?

You buy and sell shares, it is not that complicated. All that gain in valuation is real money you could have made.

Epic stupid to not understand market valuations.

 

[TailingsPond + 1,013]

6 hours ago, notsonice said:

now compare Exxon to Tesla....they really are two different companies    

 

I encourage you to do that logicality.

I will let you do the research and the math but if you do an honest analysis of investment performance you will find that investors in Tesla made more money then Exxon investors.

Buy and sell shares.. it is not complicated.  Tesla 5 year performance is up a remarkable 1,678.02%.

Exxon tiny divided is not anywhere close to that.

Show me an investor portfolio that investment in Exxon with that divided outperformed a no-dividend Tesla portfolio.

 

Edited December 12 by TailingsPond

[Ecocharger + 1,486]

A new world is coming, get rid of those stultifying regulations.

https://oilprice.com/Energy/Energy-General/Oil-and-Gas-Industry-Anticipates-Regulatory-Rollbacks-Under-Trump.html

"Trump's return to the White House is expected to bring significant changes to US economic, energy, and environmental policies.

The energy sector is likely to see deregulation and increased LNG exports, but trade tensions with China could impact demand.

Climate change initiatives may be sidelined as the focus shifts to economic growth and job creation."

"What was widely expected to be one of the closest elections in recent history instead turned out to be an overwhelming victory for Trump, making an extraordinary comeback following his election loss in 2020. With the US presidency and Senate races called in favor of Trump and Republicans, and the party maintaining its majority in the House of Representatives – the new administration will hold full control over Congress. "

[Ecocharger + 1,486]

China is increasing oil imports from Saudi Arabia. Iranian sources may be suspect with the new administration in Washington.

https://oilprice.com/Latest-Energy-News/World-News/Saudi-Oil-Supply-to-China-Set-for-Three-Month-High-in-January.html

"Sinopec and PetroChina, two state-held refining giants, as well as private refiners Rongsheng Petrochemical and Shenghong Petrochemical, are expected to lift higher crude volumes from Saudi Arabia in January compared to December, according to Reuters’s sources.

Demand for Saudi crude in China has increased in recent weeks after two consecutive months of price cuts by the Kingdom following signs of weaker demand and weakening Middle Eastern oil benchmarks. Higher prices for Iranian supply in China and uncertainty about future Iranian volumes in view of the incoming Trump administration have also pushed up demand for Saudi crude among Chinese refiners."

Edited December 12 by Ecocharger

[Ecocharger + 1,486]

So this is the plan, the ideologues in control of the EU are insisting on shutting down the auto industry, with a short-term target emerging next year.

https://oilprice.com/Latest-Energy-News/World-News/EU-Not-Easing-Car-Emission-Rules-Despite-Pressure-From-Lawmakers.html

"The European auto manufacturers united in ACEA called on the EU institutions “to come forward with urgent relief measures before new CO2 targets for cars and vans come into effect in 2025.”

Europe’s automakers “are playing our part in this transition, but unfortunately, the other necessary elements for this systemic shift are not in place,” ACEA said in September.

In October, Germany’s car manufacturing giant BMW warned that an EU ban on the sale of gasoline and diesel cars from 2035 is “no longer realistic” amid slow EV sales as the European auto industry will see a “massive shrinking” with such a ban."

[TailingsPond + 1,013]

49 minutes ago, Ecocharger said:

A new world is coming, get rid of those stultifying regulations.

https://oilprice.com/Energy/Energy-General/Oil-and-Gas-Industry-Anticipates-Regulatory-Rollbacks-Under-Trump.html

"Trump's return to the White House is expected to bring significant changes to US economic, energy, and environmental policies.

The energy sector is likely to see deregulation and increased LNG exports, but trade tensions with China could impact demand.

Climate change initiatives may be sidelined as the focus shifts to economic growth and job creation."

 

You are always about "expected", "plans", or "may be" never the current reality where the POTUS elect is owned by the CEO of a EV / green energy company.

The EV future is so bright musk has to wear shades.

[TailingsPond + 1,013]

21 minutes ago, Ecocharger said:

So this is the plan, the ideologues

Once again plans and ideologies - not current reality.

Edited December 12 by TailingsPond

[TailingsPond + 1,013]

50 minutes ago, Ecocharger said:

"Sinopec and PetroChina, two state-held refining giants, as well as private refiners Rongsheng Petrochemical and Shenghong Petrochemical, are expected to lift higher crude volumes from Saudi Arabia in January compared to December, according to Reuters’s sources.

 

Once again "expected" instead of current realities.

[TailingsPond + 1,013]

The failed economist continues to reference authors he has discredited in the past like Tsvetana Paraskova etc.

He can't form his own ideas, pretends posting links from the oil price main page is a form or intelligence or is somehow adding to the conversation.

[Ecocharger + 1,486]

Oil prices are beginning to soar again as a sense of reality breaks into the oil markets.

U.S. sanctions are about to return to the table.

https://oilprice.com/Energy/Crude-Oil/Traders-More-Bullish-on-Brent-Crude-Following-OPEC-Decision.html

"Kemp: institutional traders are building their positions in crude oil again.

Institutional traders also bought more oil in anticipation of the Trump presidency, which most seem to believe would involve a tightening of sanctions against Iran that would affect oil supply.

Some price forecasters are starting to revise their outlook for oil following OPEC's decision to output."

"...OPEC expected global oil demand to grow by some 2.25 million bpd this year.

Yet there are continued constraints on OPEC+ production, despite recovering output in Libya, and China’s latest import figures and news about a fresh package of stimulus being considered by Beijing to accelerate economic growth."

"...the total exposure of speculators to crude oil now stands at 157 million barrels, Kemp reported, which is the highest since early October.

Traders’ renewed attraction to crude oil is hardly a surprise after months of price depression despite the OPEC+ cuts. The prolonged weakness of prices was repeatedly attributed to demand signals from China, with the overall perception being that the world’s largest importer has reached the end of its demand growth and from now on, the decline will be irreversible. This proved wrong last month, when Chinese crude oil imports reversed months of weakness to jump 14% over October levels, to 11.81 million barrels daily."

"...China’s demand for oil remains on an upward trajectory—and that’s despite record-breaking EV sales that were supposed to sap that growth."

Edited December 13 by Ecocharger

[TailingsPond + 1,013]

1 hour ago, Ecocharger said:

Oil prices are beginning to soar again as a sense of reality breaks into the oil markets.

U.S. sanctions are about to return to the table.

https://oilprice.com/Energy/Crude-Oil/Traders-More-Bullish-on-Brent-Crude-Following-OPEC-Decision.html

Once again can not use his own words, once again references Irina Slav who he has discredited in the past.

"Oil prices are begining to soar again." lol

Edited December 13 by TailingsPond

[Ecocharger + 1,486]

California is having serious trouble with its attempt to force EV consumption onto a reluctant population.

It's over and done.

https://www.latimes.com/environment/story/2024-12-11/why-newsoms-electric-vehicle-mandate-is-in-trouble

"EV sales have stalled, clouding California's ambitious plans for all new cars sold in California to be zero-emission vehicles by 2035.

President-elect Donald Trump's plans to eliminate EV tax credits and slap tariffs on imports  could further weaken the EV market."

" Sales growth has stalled as potential buyers balk at high sticker prices and unreliable public charging. "

" The first big test for the governor's edict comes next year, when 35% of new vehicles sold must be zero-emission, up from 26.4% now. To hit that mark, EV sales would have to skyrocket 33%."

““I have not seen a forecast by anyone that that number is achievable,” Toyota North America Chief Operating Officer Jack Hollis said on a conference call with reporters last month. “Demand is not there.”

" Tesla deliveries are below expectations, Volvo has moved back its 2030 100% EV timeline, General Motors abandoned its 1-million-vehicle 2025 sales goal, and Ford has shifted some EV production back to internal combustion vehicles, the note reported.

Meanwhile, EV startups are struggling. California-based Fisker declared bankruptcy, while luxury EV makers Rivian and Lucid, whose vehicles draw rave reviews from the automotive media, have seen shares drop precipitously this year as the companies fall short of sales goals."

 

Edited December 15 by Ecocharger