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The United States Is Now the Largest Global Crude Oil Producer

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171–180 of 259 posts

Re: The United States Is Now the Largest Global Crude Oil Producer

#171
post #160

I take pleasure in knowing that on another timeline the US is a truly great nation that has managed to completely remove its dependency on fossil fuels, and is now switching its focus to helping poorer nations do the same. It’s just a shame we are all stuck on this timeline...good for them though!

Hey now, oil is fantastic. The U.S. will be able to use the proceeds from this bounty of natural resources to fund an excellent public health system, just like Norway!

Watch out, jokes get downvoted, this isn’t Reddit ;)

Re: The United States Is Now the Largest Global Crude Oil Producer

#172
post #171

Earlier quoted context omitted.

Hey now, oil is fantastic. The U.S. will be able to use the proceeds from this bounty of natural resources to fund an excellent public health system, just like Norway!

Watch out, jokes get downvoted, this isn’t Reddit ;)

Depends on the intellectual level of the joke ...

Re: The United States Is Now the Largest Global Crude Oil Producer

#173

It's been fascinating to watch Saudi influence wane over the last few years as this sinks in as the new reality. We live in a completely different power structure now from 20 years ago. They're certainly still obscenely rich, but the power they had over geopolitics via OPEC is effectively gone at this point due to tar sands, renewables, and natural gas.

I wonder what the next 20 years will bring, especially with the shift to electric vehicles.

The International Energy Association does forecasts of global demand, which are as good as anything. They see oil demand peaking at around 100 MMb/day at 2030 last I checked (we are at around 90 now).

Re: The United States Is Now the Largest Global Crude Oil Producer

#174
post #146

As a side note, the GWPF (Global Warming Policy Forum / Foundation) is a climate change denialist organisation set up by Nigel Lawson (UK politician of the Thatcher years) [0]: > On 23 November 2009 Lawson became chairman of a new think tank, the Global Warming Policy Foundation, a registered education charity, involved in promoting climate change scepticism. [0]: https://en.wikipedia.org/wiki/Nigel_Lawson#Position_o…

We changed the url from http://www.thegwpf.com/the-united-states-is-now-the-largest-... to the government page it points to (where by "pointing to" I mean copying).

Re: The United States Is Now the Largest Global Crude Oil Producer

#175
post #72
post #52

Earlier quoted context omitted.

What if there were "battery stations" with charged swappable, standardized batteries? You could do your own charging at home or at work otherwise.

It would be tough to standardize this across different vehicle models, much less manufacturers. A Model S isn't going to use the same battery pack as an electric heavy-duty pickup truck. You could use lots of small battery packs and bigger vehicles get more of them, but that complicates the machinery used to swap them. It also hinders innovation. You can't produce batteries with innovative new form factors because no…

If the sticker price for the car with the loaner battery was $10,000 less you might think about buying it.

What I mean is, that problem is just one of thinking of it as purchasing a battery, which you wouldn't do if swapping them was common.

Re: The United States Is Now the Largest Global Crude Oil Producer

#176
post #41

Earlier quoted context omitted.

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

I'd say that's a exceptionally decent camel at $55k.

Average price is $400. Australia sells camels (I'm assuming wild herds captured) for $1-1.5k per head.

https://www.mla.com.au/research-and-development/search-rd-re...

Re: The United States Is Now the Largest Global Crude Oil Producer

#177
post #19

Earlier quoted context omitted.

>No, not really. They still have the ability to flood the market and cause prices to tank, which would wreak havoc on the US fracking industry. ...And tank their own profits? Cheap oil is good for literally everyone but the Saudis, that's the entire reason they've cut supplies since the glut of 2014-15. US fracking is already barely at a fraction of capacity right now with how low prices are. It's not an essential in…

I always bet on entrepreneurs and free markets over kingdoms and dictatorships. The Sultan got things set up a certain away and assumed nothing would change, while the free West just responds and innovates no matter circumstances.

They didn't assume that; they have been investing in alternative sources of income for a long time, including in renewables and EVs.

Re: The United States Is Now the Largest Global Crude Oil Producer

#178
post #125

Earlier quoted context omitted.

Used Leaf's have come down to the upper end of your price range. Heck, with group buys and all other related discounts, I've seen them for $14k new.

I got a 2013 one not long ago with a 24kwh battery (with about 20kwh of capacity remaining). I paid well under $10k for mine with a bunch of Nissan incentives (warranty and MOT cover for 3 years, things like that). In fuel and tax savings it'll have paid for itself within those 3 years (versus a petrol or diesel car), after which it's effectively a free, zero-tax, zero-fuel-cost car. My point being that an EV is alre…

You can just fill a can with gas and bring it to the car.

(this is what a tow service will do if you've only run out of gas)

Re: The United States Is Now the Largest Global Crude Oil Producer

#179

Earlier quoted context omitted.

10 cm are already a problem? did I miss some news / tides?

A) It's a foot compared to historical levels, it's 10cm since the 1990s. B) It's a constant problem in Miami where high tide is now above the level of many roads so they've had to jack the roads up several feet more. C) Venice, Italy is routinely flooded because of sea-level rise and it's only getting worse.

> B) It's a constant problem in Miami where high tide is now above the level of many roads so they've had to jack the roads up several feet more.

No, it isn't. It's a problem during king tides. Yes, king tide flooding is getting worse, but "constant problem" is an exaggeration.

Re: The United States Is Now the Largest Global Crude Oil Producer

#180

Earlier quoted context omitted.

Keep in mind a decent camel starts at $55k and a thoroughbred goes for $10m to $30m

I'd say that's a exceptionally decent camel at $55k. Average price is $400. Australia sells camels (I'm assuming wild herds captured) for $1-1.5k per head. https://www.mla.com.au/research-and-development/search-rd-re...

Is the $400 price when they are sold for meat or hair? Or perhaps as just raw material for a camel training pipeline.

Presumably a camel that anyone wants to ride has been raised and trained properly. That camel is ever going to be ridden, then putting down $400 for a warm body is only the beginning of the investment.

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