dissident wrote:https://www.youtube.com/watch?v=HB1eGDpEeQY
Long video but worth listening to Art Berman explain the global energy price crisis.
Tuike wrote:dissident wrote:https://www.youtube.com/watch?v=HB1eGDpEeQY
Long video but worth listening to Art Berman explain the global energy price crisis.
Art said the world isn't running out of energy resources anytime soon.
Outcast_Searcher wrote:For me, driving ordinary ICE sedans and filling up at about a quarter of a tank, that gets to be about $40 -- which is my psychological point of it getting really annoying, re the price. This will differ for folks based on finances and attitude about wasting money, frivolous spending to have fun, etc, obviously.
AdamB wrote:40!!!! WHAT!!! I didn't even realize crude was climbing back to where it should be for the health of the world (if not double again even) and the sheer magnitude of how much I've been spoiled by EVing everywhere for a year was a shock!
Okay fine, sure, I can afford to fill up the car/snowmobile a couple times a winter, but I DON'T LIKE IT. I'm thinking maybe studded snows on the Leaf next year.......
AdamB wrote:Okay fine, sure, I can afford to fill up the car/snowmobile a couple times a winter, but I DON'T LIKE IT. I'm thinking maybe studded snows on the Leaf next year.......
Outcast_Searcher wrote:AdamB wrote:Okay fine, sure, I can afford to fill up the car/snowmobile a couple times a winter, but I DON'T LIKE IT. I'm thinking maybe studded snows on the Leaf next year.......
You might like to do some reading on how well studded snows work on the Leaf before proceeding. I recently saw a Tesla FSD beta video of a tester sliding all over the place after a deep snow in Detroit, even with supposedly high quality snow tires on his Model S, and the car did OK, but certainly not great.
Outcast_Searcher wrote:And are studded snows allowed on the local roads when there is no snow or ice? (I don't know, just another data point to consider).
The good news is that if the price of WTI crude get to $100 or above on a sustained basis, that implies US gasoline prices (where it's cheap) at something like $3.50 or above (based on it already being $3.20ish around here recently with WTI crude averaging over $80 in recent weeks, per the chart on the March '22 contract).
vtsnowedin wrote:
On the old school drive systems in snow or on ice I have to differ having driven most options in mountain conditions over the years. Unless you old school vehicle was 4X4 with a differential lock and armed with good aggressive snow tires (studs where legal) the new AWD drive systems on SUVs like my Subaru or our last Toyota rav4 are far superior.
vtsnowedin wrote: For one thing they are always on so your wife or daughter does not need to explain why she did not pull the 4x4 lever. They work seamlessly and very effectively.
vtsnowedin wrote: There are switches to turn off "traction control" etc.where they would not be helpful so that is a non argument.
vtsnowedin wrote: I have progressed from rear wheel, one wheel drive to front wheel drive to 4x4 locking hubs, to automatic hubs, to all wheel drive. The latest version in my Subaru Forester armed with studded Hakkapelitta tires is a snow machine which we let our youngest drive through a foot of unplowed snow to work yesterday as it let us not worry abut her getting there.
Outcast_Searcher wrote:
For me, driving ordinary ICE sedans and filling up at about a quarter of a tank, that gets to be about $40 ... it's still annoying to see that money flow out of your wallet again and again.
theluckycountry wrote:Outcast_Searcher wrote:
For me, driving ordinary ICE sedans and filling up at about a quarter of a tank, that gets to be about $40 ... it's still annoying to see that money flow out of your wallet again and again.
There are more economical options
Armageddon wrote:Are we coming to the conclusion yet that we are at the top of the production peak?
vtsnowedin wrote:outcast_searcher wrote:The good news is that if the price of WTI crude get to $100 or above on a sustained basis, that implies US gasoline prices (where it's cheap) at something like $3.50 or above (based on it already being $3.20ish around here recently with WTI crude averaging over $80 in recent weeks, per the chart on the March '22 contract).
I think you are a bit off in your math there. The $3.40 national average gas we are buying today was refined from oil costing about $70 per barrel as there is a lead time between entry to the refinery and delivery at your local gas pump.
Let WTI get to $100+ per barrel and gas will within a few weeks cost $4.50 or better per gallon.
vtsnowedin wrote:The $3.40 national average gas we are buying today was refined from oil costing about $70 per barrel as there is a lead time between entry to the refinery and delivery at your local gas pump.
Armageddon wrote:Are we coming to the conclusion yet that we are at the top of the production peak?
A growing discrepancy between observed and calculated stock changes suggests demand could be higher or supply lower than reported or assumed. Moreover, higher output would also result in lower OPEC+ spare capacity. By the second half of the year, effective spare capacity (excluding Iranian crude shut in by sanctions) could shrink from around 5 mb/d currently to below 3 mb/d – most of it held by Saudi Arabia and the United Arab Emirates. If demand continues to grow strongly or supply disappoints, the low level of stocks and shrinking spare capacity mean that oil markets could be in for another volatile year in 2022.
Why is America so intent on draining itself, first, for the sake of exports... and who in the hell is in charge of this shit show?
Why doesn't anybody care?
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