Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Monday, March 9, 2026

Suffer high gas prices a bit longer. It's a small price to pay, says Trump.

RTOil for over $100 a barrel ‘very small price to pay’ for Iran war – Trump

The US president has attempted to quell fears that the military operation he launched will exacerbate the global energy crisis.

Talking points out and spread by every Western MSM Jew-controlled media. 

But - but...The Orange Shitgibbon says U.S. oil companies are falling over each other vying for Venezuelan oil. 

RT: US oil companies going to Venezuela – Trump

US President Donald Trump has said that American oil companies are going to Venezuela in light of the South American country’s latest push to incentivize foreign investment in its energy sector.

[.]

[No, U.S. oil co's aren't clamoring to obtain Venezeulan oil. - DD]   Exxon CEO Darren Woods has poured cold water on the idea, saying that the South American country is “uninvestable, given the “commercial constructs and frameworks in place” there at present. He added that “durable investment protections” are the prerequisite to any long-term involvement.

RTWhy American Big Oil isn’t buying the Venezuela ‘victory’

Exxon boss Darren Woods described Venezuela as “uninvestable.” Woods said: “We have a very long history in Venezuela… We’ve had our assets seized there twice. You can imagine to re‑enter a third time would require some pretty significant changes from what we’ve historically seen here and what is currently the state.” He added: “If we look at the legal and commercial constructs and frameworks in place today in Venezuela, today it’s uninvestable. And so significant changes have to be made to those commercial frameworks, the legal system, there has to be durable investment protections, and there has to be a change to the hydrocarbon laws in the country.”

The Exxon CEO’s comments were echoed by Conoco’s boss, Ryan Lance, who said: “We need to be also thinking about even restructuring the entire Venezuelan energy system, including PDVSA.”

What that means is that Venezuela is far from under US control.

[.]

From the viewpoint of Big Oil, it’s not mission accomplished. Venezuela is ‘uninvestable’, which is the capitalist way of saying, there was no regime change to give the oil companies what they want – total control over Venezuela’s hydrocarbon wealth.




Bu-bu-but oil prices fell to the $89-$90/barrel today


Yeah, well, oil is one of the volatile commodities one can speculate/trade. One imagined blip or market skepticism can send prices up by $50, $100 or more in a split second. 

TURST THE PLAN! 🤣

Wednesday, June 26, 2024

Electric regret: Almost half of Australian and US EV owners want to go back to a combustion engine.

JoNova: Electric regret: Almost half of Australian and US EV owners want to go back to a combustion engine.

Nearly half of American owners of electric cars want to switch back to traditional cars powered by internal combustion engines, according to a consumer survey released by McKinsey and Co. earlier this month.
[.]
How much longer can the saviours of the world keep trying to force this dead-horse “transition” upon us?

The car manufacturers surely realize they are being forced into a financial dead end.

Monday, May 1, 2023

EPA overestimating range of EVs. They're unreliable.

Kelly Blue Book - Study: EPA-Certified Range Figures for EVs Unreliable.

EPA ratings are optimistic for most electric models.

A new study suggests that the ranges and fuel economy equivalent figures published by the U.S. Environmental Protection Agency (EPA) are not particularly accurate. [  Shocking! ¯\_(ツ)_/¯ - Oh well...DD ]

If the EPA’s numbers are off, we should note, then the rest of the world has it even worse. EPA range figures are famously lower than those published by many other governments.

SAE International, a global association of engineers and related technical experts in the aerospace, automotive, and commercial vehicle industries, used data from tests performed by Car and Driver to study real-world EV ranges.

In a 75 mph highway test, Car and Driver found that “more than 350 internal-combustion vehicles averaged 4.0 percent better fuel economy than what was stated on their labels. But the average range for an EV was 12.5 percent worse than the price sticker numbers.”

Thursday, April 13, 2023

News Round Up

RT: China is ‘ghosting’ the US because normal diplomacy has proven useless.

No countries are returning Biden's call. The only one is Zelensky, begging for ... 

Breitbart: Zelensky DEMANDING another $14B.

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Rolling Out: Rapper EGYPXN shoots mother, sister, brother. Drops music video. Then is killed in a police shootout.

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Forbes: OPEC Back in the Driver's Seat.

Why OPEC in the Driver's Seat? Because they can't stand Biden, he alienated them and China will buy all they have. Happy Summer Gas Prices!

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Not The Bee: Arnold Schwarzenegger went viral for filling in a pothole ... turns out it was an active service trench.

Arnold "Screw your freedoms" Schwarzenegger. Couldn't have happened to a more deserving Dick.

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Daily Mail: Elon Musk calls to 'defund' NPR after it quit Twitter over spat with CEO, who branded the public broadcasting.

Taxpayer $ to NPR should have ceased decades ago.

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Breitbart: Former NHL Player Raymond Sawada Dies of a Heart Attack at 38.

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RT: Musk claims Twitter HQ landlord rejected homeless shelter plan.

Twitter owner Elon Musk has blamed his landlord for shooting down a proposal to use vacant office space at the social media company’s headquarters in San Francisco to help ease the city’s homeless crisis.

We tried to turn it into a homeless shelter,” Musk said on Tuesday night in a BBC News interview. “They (the owners) won’t let us.” He added, “We’re only using one of the buildings, so the other building could be a homeless shelter.

Elon provides a partial solution.

Liberal Reaction: "We didn't think of this so we don't like the idea. What? Elon suggested it? Double-Ewwwwwwwwwwwwwww."

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ForbesBTC staying above $30K.

"Some say" ... it might be a time to consider buying.

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207-year old Dianne Feinstein (D) asks for temporary fill-in. She'll claw to that Senator Seat until the first shovel of dirt hits her casket. FFS, Retire. 

Breitbart: Dianne Feinstein’s Request for Temporary Replacement on Committee ‘Unprecedented’.

No Republican would be afforded the same political leniency.

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MSN: Kitty gets head stuck in iron grate drain.

Kitty extracted, doing fine and probably back to knocking everything off shelves and countertops.

Wednesday, December 14, 2022

Oh noez! Europe is having a Wind Drought. So much for turbine power.

Green Matters: European Wind Turbines at a Standstill Amid an Ongoing "Wind Drought".

But as of recently, barely even a breeze has made its way through the through the winter air.
[.]
"Britain is in the middle of a wind drought — and the timing couldn't have been worse. For several days now, the U.K. and western Europe have been calm, with barely a breeze," Thomas Moore writes for Sky News.

"It is not until Wednesday, or even Thursday, that speeds pick up in Scotland and the North Sea, where most of our wind farms are. That shows in the mix of energy being used in the freezing conditions."

"The risks could increase with global warming," [🤣 - DD] he continues. "Scientists working for the United Nations' intergovernmental panel on climate change have looked at what could happen to wind speeds in future. Even if the world reaches net zero soon after 2050, limiting the rise in temperature, winds will weaken significantly in the northern hemisphere." ["Even if." FFS. Retardicus Maximus. - DD]
[.]
According to Yale Environment 360, the phrase "wind drought" is exactly what it sounds like — it refers to an extended period of time that an area lacks wind, or experiences slower-than-usual wind speeds. In 2021, wind speeds were 15 percent slower than in previous years, making for one of the least windy periods in the U.K. in nearly 60 years.

What are "usual wind speeds"?

Git yer fans out folks, them turbhans ain't gonna spin themselves!

Story Archived

Monday, November 21, 2022

Death of the PetroDollar?

Energy Intelligence: Oil Pricing Without Dollars: Is It Possible?

How much does it matter whether oil is priced in dollars? What are the alternatives, and how vulnerable is dollar pricing?  Who would suffer — or gain — most if dollars ceased to be the automatic medium for oil exchange? Those aren’t questions people have thought about much since the so-called “petrodollar” agreements of the mid-1970s. But with Russia already off dollar pricing and relations strained between Washington and Riyadh, they now demand consideration. Such “de-dollarization” of oil may never happen; the world may abandon oil before oil abandons the dollar. But then again it may. A unified replacement, such as the Chinese yuan, isn’t feasible. [OH, I'm not so sure about that! See the RT story at the end of this post. - DD] Market fragmentation — another assault on the globalized world oil did so much to help create — is a more likely result.

Market fragmentation? Maybe. Or maybe, instead, an intentional plan by globalists to destabilize and crush the dollar? They've been working on this for decades. What better commodity to leverage and accomplish this? Petrol, of course! The only other would be the food supply, but the Elites don't care if others starve as long as their HVAC works, they have food and their private jets run.

Trusted Broker: Why is the U.S. Dollar being the world currency?

China and Russia requested a new world currency in March 2009.

RT: Russia and China to abandon dollar in energy trade – Moscow.

The two nations have been promoting settlements in their national currencies.

Energy trade between Russia and China has been steadily growing and is up 64% in monetary terms so far this year, Russian Deputy Prime Minister Aleksandr Novak told the Rossiya 24 TV channel on Friday.

His comments followed a meeting of the intergovernmental Russian-Chinese commission on energy cooperation.

“China is our strategic partner in the Asia-Pacific region and generally in trade,” he said, noting that in physical terms the increase was about 10% in supplies of oil, gas, coal, and electricity.

The deputy PM explained that the two countries aim to further develop trade relations, and in particular are working on expanding the share of national currencies in energy transactions.

“We are switching to settlements in rubles and yuan for the energy resources supplied,” Novak said.

"...and the Yuan." Uh-huh. There it is and here we are. But - hey, look over there! Russia and Ukraine! "We" have to stop Russian aggression and give Billions to Ukraine Nazis because..."reasons..."

Friday, September 23, 2022

Long line of cars wait to charge their EVs.

Errol Webber@ErrolWebber

“Get an EV,” they said. “It’ll be fun,” they said.

This is at an EV charging station in California.

In the Thread a comment claims

"That video is one or two years old. (REEEEE! - DD) Things have improved!"

"Things have improved." So...there are more lines like this now than when that video was taken? Progress! 👍 👍

Friday, September 16, 2022

Climate Expert asked, what should we do with petrochemicals. Expert can't answer so... "You Racist!"


He's Rep. Clay Higgins (R-LA). She's Raya Salter, a clean energy advocate.

Higgins asked her a perfectly reasonable question. She didn't have an answer. What's the usual response when Liberals can't answer a question? Accuse the other person of being racist, sexist, misogynistic...they default to their favorite "ist", "ism" or "tic".
 
There are no answers because we haven't yet reached technology, with something economical and viable, that allows us to replace petro-based products. Some day, maybe, but not now or in the foreseeable future.

The Former Bronx Bartender and rooftop dancer who pretends she's a relevant member of Congress chimed in with her grandstanding response. She's part of the same committee. When it was her time, she REE'ed about Higgins because she too can't answer his question so..."He Racist! And a Big Meanie!" Scroll down the Twitter link under the above video and somewhere you'll find her "I'm ready for my close-up,"  moment.

The Left conveniently forgets Liberal Senators condescending behavior and derisive treatment when they questioned Amy Coney Barrett.

Monday, August 22, 2022

U.S. Strategic Petroleum Reserve Falls To 35-Year Low.

Oil Price.com (Archived): U.S. Strategic Petroleum Reserve Falls To 35-Year Low.

The United States’ Strategic Petroleum Reserve (SPR) now has only 453.1 million barrels in its inventory, following another significant drop in the past week that puts the emergency reserve at a low not seen in three and a half decades, Reuters reports, citing the Department of Energy.

In the week ending August 19th, the SPR saw another draw of 8.1 million barrels, following smaller releases in the weeks leading up to that. 

Same issue, different coverage at Climate DePot.

Hit the links for full coverage. 

Home heating costs for winter states will be off the charts.

This is all by design and it's not Biden. He's an empty vessel. He doesn't know what day it is unless he's amp'ed up. This is all orchestrated by his handlers and the globalists behind the curtain. Their goal is breaking the American economy. No one can be this inept. It is pure evil, control and avarice that drives them.

If you're cheering on a "Red Wave" this November election thinking that will really change things, well - - - good luck. I wish you well. You maybe haven't lived long enough to underestimate RINOs and the UniParty to the degree you should. I'm not a pessimist, but Mitch McConnell isn't interested in changing course all that much.

Thursday, July 28, 2022

Germany turns off the hot water.

Daily MailGermany turns off the hot water: Hanover becomes first big city to ban hot water in public buildings in response to Russian gas crisis.

Hanover first big city to ban hot water and central heating in public buildings.

Lights to be switched off at night on major buildings like museums and town hall.

Germans told to expect higher electricity bills and sweeping gas rationing.

Move is a response to Vladimir Putin's gas squeeze which has Europe panicking.

Russian state energy giant Gazprom cut gas supplies to Germany to 20 per cent.

Hey, German UN Delegation, is what Trump said in 2018 still funny? Drop a comment.

What's happening in Germany with their energy problems isn't funny. This is coming to the U.S. under Biden and his Handlers. Not having hot water is nowhere near how bad things will be.

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typo fix Handlers. fucking typos

Friday, July 22, 2022

I have my own strategic gasoline reserve.

Removed everything from the basement and filled it up with gasoline. Still have a ways to go to top it off. I'm working on it.

Please...no smoking or open flames. Thanks.

Saturday, July 16, 2022

UK heatwave triggers national emergency.

The National News (July 16, 2022): Second Cobra meeting called as UK heatwave triggers national emergency.

Londoners urged not travel on Monday and Tuesday with 80 per cent chance record temperature could be set and warning lives are at risk.

BBC (January 28, 2021): Renewable energy overtakes fossil fuels for first time as UK's biggest source of electricity in 2020.

For the first time, renewable energy overtook fossil fuels to be the biggest source of electricity in the UK in 2020.

Wind, solar, bio-energy and hydro (water) power generated a record 42% of UK power last year, while fossil fuels - mostly gas - produced 41%, according to a report by energy experts Ember and Agora Energiewende.

In 2019, renewables generated 37% of the UK's electricity, compared with 45% for fossil fuels.

How's that green, renewable energy working? The AC running good? Better get those child laborers in third-world countries to hurry up and increase their lithium and cobalt production. The Stiff-Upper-Lippers are having a heatwave.

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Update/Addition: Ooof ..hit the BBC link and scroll all the way to the bottom (which I didn't do the first time) and READ THE COMMENTS. They kind of all read like this:

"This is awesome, great news."

"The world will live longer." 🤣🤣🤣

"This is awesome."

"This is great news that renewable energy overtakes fossil fuels."

 I hope these same commenters enjoy their heatwave.

Thursday, July 14, 2022

Biden burns bridge, then wonders why he can't cross.

The Independent: ‘Very bad sign’ that Joe Biden ‘won’t be welcomed by Saudi senior royal’.

A Saudi-based expert said the rank of the royal greeting the US president on the tarmac doesn’t matter.

Reports that Joe Biden will be welcomed in Saudi Arabia by a lesser-ranked member of the royal family have fuelled [sic] theories that his meetings in the Middle East will not go as well as he plans.

The US president is expected to be met on the tarmac by Prince Bandar bin Sultan, the deputy governor of Mecca, before attending the Gulf Cooperation Council (GCC) summit where a number of issues are to be discussed.

In contrast, Mr Biden’s predecessor Donald Trump was welcomed by King Salman Bin Abdulaziz when he landed in Saudi Arabia in 2017.

“This is a very bad sign,” European Council on Foreign Relations research fellow Dr Cinzia Bianco tweeted.
[.]
Mr Biden has said, in an op-ed in The Washington Post, that he aims to “reorient – but not rupture – relations” with Saudi Arabia, an assertion that has garnered criticism after he pledged during his presidential campaign to make the country “the pariah that they are” for the murder.

But China isn't a pariah because it's a gravy train for the Biden family. Detractors and Chinese who are critical of the CCP are never killed or go "missing" and never seen again. Is that how it works, Joe?

Saturday, July 9, 2022

Wednesday, July 6, 2022

Biden has allowed FIVE MILLION barrels of oil from US national supply to be shipped abroad.

Daily Mail: Joe Biden has allowed FIVE MILLION barrels of oil from US national supply to be shipped abroad after claiming they'd be released to help lower soaring gas prices.

Joe Biden on April 21 announced the largest-ever release of oil from the Strategic Petroleum Reserves, in a bid to reduce soaring energy costs.
[.]
Yet in June more than five million barrels were exported to Europe and Asia, despite the record price highs in the United States.

Phillips 66 shipped about 470,000 barrels of sour crude from Texas to Trieste, Italy.

Atlantic Trading & Marketing (ATMI), an arm of French oil major TotalEnergies, sent 1.12 million barrels.
 
Cargos of oil were also sent to the Netherlands, India and China and more will leave Louisiana in July.
[.]
U.S. crude inventories are the lowest since 2004 as refineries run near peak levels.

Townhall: Biden is Selling America's Reserve Oil to Foreign Countries.

"More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs," Reuters reports. "The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices.

Way to go Joe. How the baby formula shortage? Have you fixed that yet?

Hey, at least there's no mean tweets coming from the WH so...we got that going for us!

Friday, June 3, 2022

Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs skyrocket.

CNBC (Archived): Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs skyrocket.

Turkey’s inflation for the month of May rose by an eye-watering 73.5% year on year, its highest in 23 years, as the country grapples with soaring food and energy costs and President Recep Tayyip Erdogan’s long-running unorthodox strategy on monetary policy.

Food prices in the country of 84 million rose 91.6% year on year, the country’s statistics agency reported, bringing into sharp view the pain that regular consumers face as supply chain problems, rising energy costs and Russia’s war in Ukraine feed into global inflation.

Economic analysts expect the trajectory for Turkey’s inflation will only get worse.

Turkey’s inflation for the month of May rose by an eye-watering 73.5% year on year, its highest in 23 years, as the country grapples with soaring food and energy costs and President Recep Tayyip Erdogan’s long-running unorthodox strategy on monetary policy.

Food prices in the country of 84 million rose 91.6% year on year, the country’s statistics agency reported, bringing into sharp view the pain that regular consumers face as supply chain problems, rising energy costs and Russia’s war in Ukraine feed into global inflation.
[.]
Economic analysts expect the trajectory for Turkey’s inflation will only get worse.
[.]
“Turkey back in the inflation age of the 1990s. Looks as if Erdogan has lost his last econ credibility,” Holger Zschapitz, finance editor at German daily Die Welt, wrote on Twitter. “Erdogan’s unorthodox strategy for managing the country’s $790bn econ continued to backfire,” he wrote in another tweet.

CNS News: Trump in 2020: 'If Biden' Becomes President, You'll Pay $7 For a Gallon of Gas.

During a campaign stop on Nov. 2, 2020, then-President Donald Trump touted the low gasoline prices of the time and warned that if Joe Biden became president, Americans would end up paying $7, $8, even $9 a gallon.

Trump also said that, in response to those high gas prices, the Biden administration would tell people to get rid of their cars.
[.]
On Sunday, ABC7 reported that a gas station in Los Angeles was selling regular gasoline for $6.99  per gallon.  The "plus" grade of gasoline was selling for $7.19 a gallon.

Turkey's economy coming soon to the U.S.? Welcome to Biden's Build Back Better.

Tuesday, May 17, 2022

Gasoline prices hit new highs in California.

USA MacPaper via Yahoo (Archived): 'Excruciating': This working-class California county has the most expensive gas in the nation.

The average price for a gallon of regular gas in the county topped $6.75 this week, the highest county average nationwide, with some stations charging as much as $7.19 in mid May.
[.]
Sierra Chaltry drives 80 miles roundtrip five days a week to get from her home in the small community of Virginia Lakes to her part-time job at Epic Cafe in June Lake.

“It’s probably costing me around $200 a week,” said the 29-year-old, who has been looking for housing in June Lake for eight years without luck.
[.]
Lauren Seymore, a 35-year-old emergency room nurse, said [...] [she] estimates spending $150 to fill her tank every week.

“The gas prices are excruciating[.]”
[.}
Dore had three stations to choose from last week near her house in Lee Vining: the Mobil charging $6.69 for a gallon of regular, the Shell charging $6.99 a gallon or the Chevron charging $7.19.

"I feel helpless sometimes. What can we do?" she said. "We try to write to our congressmen and blah, blah, blah and all that but I just feel like, especially these little towns, rural America, they don't really get heard very much."

I'm thinking we'll see a nationide average of around $9.99 or so by July 4th.

What say you?

Edit: Typo fix on "gasolne" in original posting. Typos, fckuing typos.

Sunday, May 15, 2022

Love's Travel Stops warns of diesel shortages.

05/5/22 07:40AM
ATTENTION TO ALL DRIVERS -
HEARING FROM LOVE'S THAT THEY EXPECT
DIESEL SHORTAGES TO HIT SOME OF THEIR
EASTERN US STORES IN THE COMING WEEK.
WE'LL DO OUR BEST TO KEEP AN EYE ON
THE SITUATION AND REMOVE STORES FROM
FUEL SOLUTIONS AS WE HEAR ABOUT
CHALLENGES AT SPECIFIC STORES. IN THE...


One of the U.S.'s largest truck stops, Love's, said Wednesday it is closely watching its diesel fuel supplies in the Northeast amid growing concerns of industry-wide shortages, but said it has no plans to limit purchases. 

 
A recent message sent from Love’s Travel Stops warned that drivers may see temporary diesel fuel shortages in several east coast states.

Amid skyrocketing diesel fuel prices, multiple news outlets have reported that there could be major diesel fuel supply issues on the east coast in the coming weeks and months.

In the Bloomberg article “U.S. East Coast Diesel Supply Is Running on Fumes” the outlet reported that “east coast inventories of diesel plunged to the lowest seasonal level since government records started more than 30 years ago.”


Phil at Bustednuckles wrote on the diesel shortages the other day:

Heating oil, gas, diesel, propane and Natural Gas are already at historic price levels and now there is a looming Diesel Shortage staring us in the face.
[.]
No Diesel, No Food.

Full stop, end of story.

Diesel shortages!?! But - but - but...sending billions to Ukraine and - and - preferred pronouns! And - and - Elon Musk buying Twitter!

 
House Intelligence Committee Chairman Adam Schiff said Congress will hold a hearing on UFOs "to break the cycle of excessive secrecy and speculation."
 
Yes, distract us with UFO investigations and we won't notice our hunger pangs and empty shelves at supermarkets...because...reasons.
 
"But - but - fuel and energy costs, record-setting inflation, Russia, Putin and Ukraine! UKRAINE!"
 
"No, no - dude, it's about the UFOs."

Link to homepage: Love's Travel Stops.

Thursday, May 12, 2022

Diaper Wearing resident of WH kills three planned oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet.

Cincinnati.com (Archived): Biden administration scraps 3 off-shore oil and gas lease sales in Alaska, Gulf of Mexico.

The Biden administration on Wednesday announced it will axe three planned oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet, effectively halting the potential to sell drilling leases in coastal waters this year, several media outlets report.