151–160 of 259 posts
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I wonder what the next 20 years will bring, especially with the shift to electric vehicles.
China. Only they have all the rare earthes needed for those batteries.
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I wonder what the next 20 years will bring, especially with the shift to electric vehicles.
China. Only they have all the rare earthes needed for those batteries.
Earlier quoted context omitted.
How much range do people need before there's no longer range anxiety? People used to complain about 200 miles not being enough then Tesla released 300 miles then they said that's not enough either.
We are already there, 200 miles is already plenty. The vast majority of people only commute and the average commute distance is 16 miles each way so a 200 mile electric car satisfies the main use case. Married households could do an electric car for commuting and a gas vehicle for longer trips. The main issue is one of cost, a secondary issue is style. Tesla's are expensive, but other automakers will fill the gap, wi…
Fact. And the reason is that many people that buy electric/hybrid cars are like vegans -- they want everyone to know about it. The Prius is a horrible monstrosity of visual appeal but it sells because people like to be seen being "better" or "more woke" than their neighbors -- while a Honda Civic hybrid looks exactly like a Honda Civic. That's the only explanation for the almost universally ugly and "distinctive" profile of electrics and hybrids. Even with other hybrids with similar specs (and less "distinctive" designs,) they didn't see anywhere near the sales numbers as the Prius. A Ford Fusion Energi can only be discerned from a normal Ford Fusion by a badge on the door, even if it gets better mileage than a Prius. But the Energi only sold about 15,000 copies in 2015, vs the Prius’ 200,000 or so.
An all-electric Suburban without adequately noticeable badging would earn the condemnation from more "enlightened" parents waiting in the school pickup line.
Tesla doesn't have to be ugly because a Tesla already looks fairly unique (although borrowing heavily from Maserati..) https://www.mikewardmaserati.com/2018-maserati-ghibli-vs-201...
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Rashid bin Saeed Al Maktoum: "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel" https://en.wikipedia.org/wiki/Rashid_bin_Saeed_Al_Maktoum#De...
Keep in mind a decent camel starts at $55k and a thoroughbred goes for $10m to $30m
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Horizontal drilling and fracking are two distinct but related techniques: * "Horizontal drilling" refers to drilling a non-vertical (and often curved) borehole, to reach deposits that aren't directly beneath the wellhead. * Hydraulic Fracturing, "fracking," is the practice of injecting water into a well to crack the rock around the borehole, increasing its permeability. Each can be used independently, but it's the co…
Yea you are correct, but are there any US Oil and gas producers horizontally drilling wells but not hydraulic fracturing the well?
These wells are productive enough that you don't need to hydraulically fracture them.
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For me, it's not really the range at all, it's what you do at the end of the range. Charging stations are rare and slow, fuel stations are common and quick. I don't see why gas-electric hybrids, with say, 20-50 miles of electric-only range aren't more popular. That would eliminate the vast majority of fossil fuel usage [1], and avoid this problem entirely. It also seems a lot cheaper than loading a car with hundreds…
The public is always reluctant to change established behavior and expectations... mass adoption requires revolutionary change that overcomes perceived functional and financial costs of switching, or evolutionary change with no perceived cost. So EV will see mass adoption as soon as people can top up at a "charge station" in under 3 minutes and get 200+ mile range - because that's what people expect from "a car". The…
The problem isn't that people are unhappy to charge at home now, it's that if and when I need to travel more than 200 miles without stopping at home, I need supporting infrastructure (and planning to find it) or to use another vehicle.
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Fracked crude might not even be first-order profitable. There is an assertion here by a book author being interviewed that the fracking industry is largely not long-run profitable and that only low interest rates allowed them to run speculatively at all. https://www.marketplace.org/2018/09/11/economy/economics-fra... This was new to me, and I don't really know if it's a correct assessment. But it's very interesting t…
I'm not seeing where he says they are not long-run profitable, only that the oil industry is hard to predict, which has been obviously true for decades. American shale plays can be profitable down to $40/bbl
"And what fascinated me about this industry is it doesn't make money. These companies lose billions of dollars. They've never produced free cash flow. They're really dependent on Wall Street's willingness to fund them. "
That's where I made the interpretation that the idea being presented here is that fracking is not long-run profitable. So I now have to wonder, when "profitable" at $40/bbl is quoted, does that might mean some form of operational profit but not payback of capital layout - or maybe not including debt service or equipment wear out if she's talking about free cash flow.
Energy independence achieved. Except it hasn't been at all, because much of the oil is more profitable to sell and refine abroad than use domestically. So if we actually wanted to force independence we'd need to prohibit companies from exporting their oil. I doubt that's ever happening. Watch the "energy independence" talking point evaporate now that the new millionaires have been minted. It's almost as if that's wha…
The word "producer" is misleading. No new oil is being produced. Should be largest "Extractor." Too bad. Wouldn't it be better to buy from other countries and leave your reserves in the ground? In the future, once all the easy to extract oil is gone, the US will have to buy from abroad at potentially higher prices.
It's already gone. That's why we've resorted to fracking.
It’s just a shame we are all stuck on this timeline...good for them though!