Musings on petroleum.

[AlexBailey]

And there's still a gas station on those same corners disguised as convenience stores. More cars need less gas. Newer cars need less mechanics...

You keep accusing everyone else of bing mired in 70s tech, but your mindset sure hasn't;t advanced very far from that either.

As pointed out to you, you can make it as safe as you want, but it's still easier to crush a Coors™ can on your forehead than a Fosters™ can. You can make it as tiny and as tech as you want, but when it meets a semi-tractor, you're still going to end up pancaked.

No shit Sherlock. News flash: A humvee doesn't do so well against a semi either.

 

[AlexBailey]

I suspect that a great many of those people touting technology that doesn't exist and calling for the demise of fossil fuels are urban dwellers. I'd love to see them take their battery powered Coors cans on a 400 mile drive on I-40, or any of the main artery interstates for that matter. They'd arrive at their destination white knuckled, white haired, and permanently traumatized.

The Aptera has a battery with a 1k mile range and it can do a 0-60 in 3.5 seconds, and it has zero emissions. It's in limited production now. Invest now if you want to make some money.

 

[AlexBailey]

Is all of the alternative shit you mentioned ready right now? No. As an astute poster has already mentioned change is evolutionary not revolutionary...like on the demands of clueless leftists who don't understand how the world works. You don't understand the scope of the kind of change you are imagining. Nothing happens without fossil fuels. Climate change isn't about the friggin' climate. It's about lowering your standard of living. It's a political agenda. It's about controlling you. It's about Al Gore and his “Are you ready to change the way you live?” he wants us to go back to hanging our clothes on clotheslines and using cold water. He wants to remove our freedom of movement, our convivence of travel. In his world, the only place you'll be able to travel is on your computer with Google Earth. The only way the airlines and the cruise industry can cut their emissions is to stop flying and cruising. That goes for regular shipping as well.

None of the green agenda is feasible in its stated purpose. While he and his kind are choking to death the American civilization, China, Africa, and India will be laughing their asses off, and quite busy raising their standards of living and creating even more of the world's greenhouse gases than they do now.

Oh... Poor you. You're in my thoughts and prayers you poor little victim.

The innovations from graphine are possible and many have been produced in the lab. Create the market and they will be produced.

What do you suppose the market of a land fill was before laws were made against dumping trash wherever you want? Fuckers like you would dump their shit in the nearest creek or in your neighbors yard if it weren't illegal.

"Promote the general welfare.... secure the blessings of liberty" This has long been interpreted to include making laws to preserve the environment for "our progeny."

But of course you would interpret it to mean that you can do whatever the fuck you want.

 

[Rightguide]

Never heard the Disney Corporation called profligate.

The dollar might be a global reserve currency, but no POTUS has the power to cause global inflation.

*Snore*

Biden/Democrat spending policies have created the present inflation. No if ands or buts about it.

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output..."
Milton Friedman

 

[Rightguide]

Oh... Poor you. You're in my thoughts and prayers you poor little victim.

The innovations from graphine are possible and many have been produced in the lab. Create the market and they will be produced.

What do you suppose the market of a land fill was before laws were made against dumping trash wherever you want? Fuckers like you would dump their shit in the nearest creek or in your neighbors yard if it weren't illegal.

"Promote the general welfare.... secure the blessings of liberty" This has long been interpreted to include making laws to preserve the environment for "our progeny."

But of course you would interpret it to mean that you can do whatever the fuck you want.

Go fuck your mother, stupid. My dog has more sense than you do.

 

[AlexBailey]

Go fuck your mother, stupid. My dog has more sense than you do.

Is that how you do it? I bet your dog is a better conversational than you are.

Have you stopped beating your wife and kids yet?

 

[jomar]

*Snore*

Biden/Democrat spending policies have created the present inflation. No if ands or buts about it.

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output..."
Milton Friedman

You might just be a fair writer of fiction.

 

[pecksniff]

*Snore*

Biden/Democrat spending policies have created the present inflation. No if ands or buts about it.

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output..."
Milton Friedman

Friedman was an important figure, but, you must be aware, nobody takes his monetarist economics seriously any more.

 

[Chobham]

Friedman was an important figure, but, you must be aware, nobody takes his monetarist economics seriously any more.

Hence, inflation.

 

[AlexBailey]

Hence, inflation.

Stimulus money into the economy wouldn’t cause inflation if taxes took it back out. Since money in the US flows up, more rich people have more of it and with low taxes they have more to spend on income property. Resident real estate is a commodity that has been driven by investment buyers with lots of cash at the expense of non-homeowners.

High fuel costs just kick ‘em when they’re down.

 

[LLCox]

My musing is I can't wait to see the the record profits from the oil companies.

 

[JohnnySavage]

Shell is said to be reconsidering its decision to pull out of a proposed oil field off the coast of Scotland as Britain tries to shore up its energy security while Putin's invasion of Ukraine sends fuel prices soaring and experts warned that the UK cost of living crisis 'hasn’t arrived yet' because inflation has higher to go.

Work on the proposed Cambo oilfield development off the west coast of Shetland was paused in December after the energy company decided to withdraw from the project, concluding the economic case for investment was 'not strong enough'.

Shell made the decision last year to withdraw when the price of crude oil was under $70 a barrel. Russia's attack on Ukraine and the chaos that has followed means that that price hit $130 earlier this month and is currently at $118.

 

[thør]

Shell is said to be reconsidering its decision to pull out of a proposed oil field off the coast of Scotland as Britain tries to shore up its energy security while Putin's invasion of Ukraine sends fuel prices soaring and experts warned that the UK cost of living crisis 'hasn’t arrived yet' because inflation has higher to go.

Work on the proposed Cambo oilfield development off the west coast of Shetland was paused in December after the energy company decided to withdraw from the project, concluding the economic case for investment was 'not strong enough'.

Shell made the decision last year to withdraw when the price of crude oil was under $70 a barrel. Russia's attack on Ukraine and the chaos that has followed means that that price hit $130 earlier this month and is currently at $118.

Shell has a very good program of planning for the future and looks at a number of scenarios including prices increasing quickly, decreasing quickly, and status quo. When prices jumped '79/'80, they had a plan to decentralize and get on with the business of getting more oil to sell. Other companies stayed centralized and were slow to respond. Then, Shell became the largest oil company in the world because they were making money hand over fist.

 

[Rightguide]

Shell has a very good program of planning for the future and looks at a number of scenarios including prices increasing quickly, decreasing quickly, and status quo. When prices jumped '79/'80, they had a plan to decentralize and get on with the business of getting more oil to sell. Other companies stayed centralized and were slow to respond. Then, Shell became the largest oil company in the world because they were making money hand over fist.

Last year the Oil Industry finished out the year with a return on investment was 3.36% in the final quarter after negative numbers were reported for the three preceding quarters.
https://csimarket.com/Industry/industry_ManagementEffectiveness.php?ind=602

 

[pecksniff]

Friedman was an important figure, but, you must be aware, nobody takes his monetarist economics seriously any more.

Friedman was an important figure in economics -- but only in the pre-scientific sense that Marx and Freud were important figures in their fields.

 

[butters]

https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAVud0u.img?w=800&h=415&q=60&m=2&f=jpg

 

[butters]

https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAVud1T.img?w=800&h=415&q=60&m=2&f=jpg

 

[Chernosoth]

Friedman was an important figure in economics -- but only in the pre-scientific sense that Marx and Freud were important figures in their fields.

Economics made sense when economics and politics were taught as one thing called political economy, which is the interaction of wealth and power. In their guarded demarcations of political science and economics, the specialists have been spouting bullshit for a century.