One of the reasons there's a glut is that wind/solar are so much cheaper and there's more of a move to switch to them.
New offshore oil drilling proposed off California coast by Trump administration
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I am not sure that the glut is due to the substitution of alternative fuels. I think it is more likely due to shale and fracking.One of the reasons there's a glut is that wind/solar are so much cheaper and there's more of a move to switch to them.
It is.I think it is more likely due to shale and fracking.
In fact, the U.S. is on track to become an energy superpower.
Exactly. This is simply payback to big oil.It is.
In fact, the U.S. is on track to become an energy superpower.
The glut has more to do with Saudi Arabia and yes, shale. But new generation is mostly renewable, most third world countries are now investing in wind/solar over gas/coal generation. That's put a bit more downward pressure on as well.I am not sure that the glut is due to the substitution of alternative fuels. I think it is more likely due to shale and fracking.
You are an idiot, oil usage is up AND wind/solar are a minority of electrical production and have no impact on transportation energy use.One of the reasons there's a glut is that wind/solar are so much cheaper and there's more of a move to switch to them.
https://www.eia.gov/outlooks/steo/report/global_oil.php
The Saudis have actually been curtailing production to support prices. They know that as prices rise more shale and fracking becomes economic. At present alternatives like wind/solar are not material but they are growing and China will dominate the technology. Huge lost opportunity which the US will pay for doen the road in lost jobs etc. The GOP oil master are licking their chops. What with the tax reductions etc. the hundreds of millions they have spent to get GOP congressmen/women and Trump elected has pid off big time.The glut has more to do with Saudi Arabia and yes, shale. But new generation is mostly renewable, most third world countries are now investing in wind/solar over gas/coal generation. That's put a bit more downward pressure on as well.
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Global energy production from fossil fuels is on the rise.You are an idiot, oil usage is up AND wind/solar are a minority of electrical production and have no impact on transportation energy use.
https://www.eia.gov/outlooks/steo/report/global_oil.php
http://www.scmp.com/news/china/poli...a-helping-push-carbon-emissions-all-time-high
Until they have electric airplanes, cargo vessels, and laws allowing people to go offgrid( yup it's actually illegal in many places) fossils are here to stay.The glut has more to do with Saudi Arabia and yes, shale. But new generation is mostly renewable, most third world countries are now investing in wind/solar over gas/coal generation. That's put a bit more downward pressure on as well.
No way do I give up gas for electric on my heating. And I may be expanding for my oven.
It will slowly add in some areas where it makes sense.
But until those new batteries come online ive heard about on mass one needs only look at last week to know energy needs won't be changing not the habits acquired.
The wind / solar nuts are either disingenuous or can’t do math.Global energy production from fossil fuels is on the rise.
http://www.scmp.com/news/china/poli...a-helping-push-carbon-emissions-all-time-high
That's an article about the rise in CO2, due to natural gas being more expensive then coal.Global energy production from fossil fuels is on the rise.
http://www.scmp.com/news/china/poli...a-helping-push-carbon-emissions-all-time-high
Nice try.
This link substantiates the fact: https://www.eia.gov/outlooks/steo/report/global_oil.phpThat's an article about the rise in CO2, due to natural gas being more expensive then coal.
Nice try.
Interesting the China’s emissions go up, EU down by .2% and the US down by .4%. Tell me again why the Paris accord matters? Euros talk, the US does.
Do you have any idea what percentage of oil consumption is related to airplanes, cargo vessels etc.. Try and get a grip on reality.Until they have electric airplanes, cargo vessels, and laws allowing people to go offgrid( yup it's actually illegal in many places) fossils are here to stay.
No way do I give up gas for electric on my heating. And I may be expanding for my oven.
It will slowly add in some areas where it makes sense.
But until those new batteries come online ive heard about on mass one needs only look at last week to know energy needs won't be changing not the habits acquired.
china industrialized very quickly and with dirty factories. They are actually decreasing the rate at which the are spewing carbon and closing outdated and dirty factories. Yes they are still huge polluter. Yhey are taking steps to curtail it. The impact will not be felt for some time. In the meantime they are investing in green technologies and will leave the US behind.This link substantiates the fact: https://www.eia.gov/outlooks/steo/report/global_oil.php
Interesting the China’s emissions go up, EU down by .2% and the US down by .4%. Tell me again why the Paris accord matters? Euros talk, the US does.
http://www.independent.co.uk/enviro...sustainability-renewable-energy-a8141431.htmlWhere is this place of cheap energy?
I cannot help but to ask, since it is -17°C outside and I am sitting here just trying to stay warm.
Germany paid people to use electricity over the holidays because its grid is so clean
Power prices went negative in Germany on Christmas - and the phenomenon is less rare than you may think
For now their emissions are up, and if you’ve ever had to breath the air in Beijing or Shanghai you’d believe it.china industrialized very quickly and with dirty factories. They are actually decreasing the rate at which the are spewing carbon and closing outdated and dirty factories. Yes they are still huge polluter. Yhey are taking steps to curtail it. The impact will not be felt for some time. In the meantime they are investing in green technologies and will leave the US behind.
The last point is an opinion, one I’m not sure I share. I’m more confident Canada will be relegated to cutting down trees and strip mining dirty oil.
That’s a sign of a very inefficient network.
Germany uses more Coal than all renewables combined to generate electricity:
http://strom-report.de/medien/germany-electricity-generation-2015.png
The taxes and subsidies represent 55% of the cost of electricity:
https://1-stromvergleich.com/medien/electricity-price-germany-600x450.png
And it’s horrifically expensive:
https://www.energycouncil.com.au/media/5126/2016-04-27-figure-1-electricity-prices.jpg
3x the cost in the US, 4X the cost in Canada.
And yet Germany is out-competing USA.That’s a sign of a very inefficient network.
Germany uses more Coal than all renewables combined to generate electricity:
http://strom-report.de/medien/germany-electricity-generation-2015.png
The taxes and subsidies represent 55% of the cost of electricity:
https://1-stromvergleich.com/medien/electricity-price-germany-600x450.png
And it’s horrifically expensive:
https://www.energycouncil.com.au/media/5126/2016-04-27-figure-1-electricity-prices.jpg
3x the cost in the US, 4X the cost in Canada.
The US spent $300 billion on natural disasters last year.
That should be added into their budget.
That should be added into their budget.
About 15% in the USA. Add in trucks not sure.Do you have any idea what percentage of oil consumption is related to airplanes, cargo vessels etc.. Try and get a grip on reality.
But how much economic activity is associated with the transportation industries world wide?
A far greater percentage. Now add in the cost of replacing upgrading every vehicle not just in western nations but world wide. And the cost of the electric infrastructure to run it.
Still think I'm off base?
