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Slovenia becomes first EU country to introduce fuel rationing

bbc.com

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Re: Slovenia becomes first EU country to introduce fuel rationing

#262

Earlier quoted context omitted.

Europe has massive lithium reserves in Germany, Serbia, Portugal and ukraine but perhaps more importantly it also has friendly relations with other countries with reserves

if those reserves were economically viable to extract, they would be already being extracted.

Everything depends on demand. Much of US shale oil hasn’t been economical to extract at times in the past decade. If oil drops below $60 most of the newer basins are not profit making. If oil demand (or OPEC) pushes oil below $35 the rest of US oil isn’t economical.

Re: Slovenia becomes first EU country to introduce fuel rationing

#263
post #181

Earlier quoted context omitted.

> the war in Ukraine has kind of proven that the Europeans are not all that capable of action. It’s revealed a fair bit about America too. And this oil crisis is a fairly incredible screw up too. What did the US think would happen?

> It’s revealed a fair bit about America too. That America is incredibly generous with resources in a conflict has no possible bearing on the security of their continent? I don't see Europe sending billions of its taxpayer dollars to resolve conflicts in Africa and Asia. (It barely manages to do so for a conflict right next door!) There was a delegation of Asian (I think?) leaders in Europe a few years ago, and when…

I am all for Europe establishing a bit more autonomy in regards to energy and defense, but let's not forgot there is a very real reason things are the way the are. Europe had a long history of warfare and the post-WWII was specifically designed to try and reign that in. And as the U.S. is finding out, you can have a largely pacifist population, but it only takes one motivated individual to seize the reigns of power and kick off ill advised military adventures. So I think there is a rather convincing argument to be made that sometimes it is better to just not have those capabilities in the first place.

Re: Slovenia becomes first EU country to introduce fuel rationing

#264
post #242

Earlier quoted context omitted.

The initial car is more expensive. You'll typically make it up, but it depends on how much you drive. And you have to pay interest on larger car loan. But in practice, yes, when charging at home EVs are dirty cheap to charge. The total cost of ownership (toc) for an EV is much lower. But you are paying it all upfront.

I don't know about that, this car cost 23k EUR which is cheaper than a VW Polo, which is roughly in the same category.

That is cheap..

But there is are lots of people buying a used car for 10k

Regardless, I do a agree, EV is absolutely the way to go.

Re: Slovenia becomes first EU country to introduce fuel rationing

#265
post #83

Earlier quoted context omitted.

Hormuz might not matter that much in the future since Saudi and the other countries will build even more pipelines and ports which are on the other side. Short-term is dire though.

As if those can’t be blown up with $300 FPVs or $10k Shahids…

You can lay them underground, making attacking them more difficult (also a lot more expensive to install).

Re: Slovenia becomes first EU country to introduce fuel rationing

#266
post #206

Earlier quoted context omitted.

Who mentioned 80%? During the 1973–74 Arab oil embargo, the disruption removed approximately 4.5 million barrels per day (mb/d) from the market, which constituted about 7% of the global oil supply at the time. This disruption significantly impacted global supplies. 20% is a lot more than 7%. This could be worse than 1973-74. As a 10year-old in 1973 I remember spending a lot of time in the backseat of the station wago…

And yet we are a lot more globalized than in the 1970s. Ressources can be diverted at a much quicker rate with a lot more agility.

To look at it another way, we're a lot more globalised than in the 1970s. Resources halfway across the planet that you never even knew you depended on can shut you down when they suddenly go away.

Re: Slovenia becomes first EU country to introduce fuel rationing

#267
post #161

Earlier quoted context omitted.

Most people just don't understand what a monumental rewrite of global politics this is and (IMHO) it will go down as the worst foreign policy mistake in US history and it's not even close. Some might say "what about Vietnam?" No, this is worse, geopolitically. WhY/ Because there was never any possibility of success. The US simply doesn't have the military capability to depose the regime or open the Strait and Pentago…

> I agree with your main point: "just go renewable" is both naive and utterly useless advice. That's a decades-long project. Also, who makes all the solar panels (and probably windmills)? China. This is the key point a lot of people miss, the vast majority of equipment needed to actually use renewables requires Chinese products. If you go 100% renewables, you're only replacing one form of dependence (oil) for another…

US post colonial empire method was to create markets overseas, China was watching and learning!

Re: Slovenia becomes first EU country to introduce fuel rationing

#268
This is just like COVID where countries watch other countries react and just go "huh would you look at that" and go back to their lunch.

In the UK there is currently a feels like temperature of -8C (early morning) and yesterday reached a dizzying high of 4c. Spring is stubbornly in hiding still.

The inflationary crisis will be immense as it's building off the previous one which didn't really go away

Re: Slovenia becomes first EU country to introduce fuel rationing

#269

Earlier quoted context omitted.

Europe would be better served by doing, what France did in 1974. "As a direct result of the 1973 oil crisis, on 6 March 1974 Prime Minister Pierre Messmer announced what became known as the 'Messmer Plan', a hugely ambitious nuclear power program aimed at generating most of France's electricity from nuclear power. At the time of the oil crisis most of France's electricity came from foreign oil. " "Work on the first t…

In 20 years we’ll have one plant for $20 billion that generates electricity that is vastly more expensive than solar. No, that is a terrible idea.

Yup you just described the UK. Likely more than $20bn though !

Nice transfer of wealth...

Re: Slovenia becomes first EU country to introduce fuel rationing

#270
post #49

Earlier quoted context omitted.

Europe would be better served by doing, what France did in 1974. "As a direct result of the 1973 oil crisis, on 6 March 1974 Prime Minister Pierre Messmer announced what became known as the 'Messmer Plan', a hugely ambitious nuclear power program aimed at generating most of France's electricity from nuclear power. At the time of the oil crisis most of France's electricity came from foreign oil. " "Work on the first t…

The way the EU forces the electricity market to operate makes them completely unprofitable. Renewables are always given priority in the market, which results in other power plants operating at a capacity factor of 30-40%. Since nuclear power plants are mostly capital expenditure-intensive, this makes the electricity they produce absurdly expensive.

That’s just a consequence of how they bid. The marginal cost for a renewable plant is zero. It’s non-zero for nuclear power.

But nuclear power don’t want to shut down since that both increases wear and tear and makes them unable to capture revenue when the prices become higher again.

So they bid negative expecting to eat the losses and let more flexible plant shut down first.

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