Author Topic: Oil  (Read 32318 times)

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Offline OCtoSV

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Re: Oil
« Reply #255 on: June 22, 2022, 01:23:35 PM »
For some real comedy look up Cavuto today getting WH advisor Jared Bernstein to admit Biden wants to drill baby drill on Fox News

Offline irvinehomeowner

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Re: Oil
« Reply #256 on: June 22, 2022, 03:58:50 PM »
Silly morekaos... Trix is for kids.

Do you think that even if we added 900,000 barrels that prices would go down?

Greed/Fear > Supply/Demand
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Offline morekaos

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Re: Oil
« Reply #257 on: June 22, 2022, 04:04:29 PM »
More than a three month tax hiatus…but I don’t want 900,000 barrels…I want 2 million or more…we can do that.  One of my clients runs a chunk of Prudoe Bay production. They are adding rigs now but they could do more if they felt more comfortable with this administration…until that changes they are unwilling to make the commitment….but change is coming in just 19 weeks.

Offline daedalus

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Re: Oil
« Reply #258 on: June 23, 2022, 03:26:02 AM »
A few weeks ago while we were out shopping, my 6 year old daughter stated a few times how she wished all the stuff in the store only cost a penny.  "Wouldn't that be great, Dada"? she asked.  At this prompting, I explained to her that it would be great, except if everything was a penny then everyone else woud buy everything in the store, and the store would run out, and we wouldn't actually be able to buy anything.  I saw the lights go on in her little eyes and she stopped wishing out loud for fantasy pricing tied conveniently to the contents of her piggy bank. 

I think my 6 year old daughter now understands basic economics better than a lot of politicians. 

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Offline irvinehomeowner

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Re: Oil
« Reply #259 on: June 29, 2022, 11:36:07 PM »
Go where the work is:

US electric vehicle jobs exploded in 2021, clean energy jobs grew – and fossil fuel jobs shrunk

https://electrek.co/2022/06/28/us-electric-vehicle-jobs-2021/

Quote
The 2022 USEER report shows that the energy sector – with the exception of fossil fuels – experienced positive job growth. Overall, the sector rose by 4% from 2020 to 2021, outpacing overall US employment, which grew 2.8% in the same period. The energy sector added more than 300,000 jobs, increasing the total number of energy jobs from 7.5 million in 2020 to more than 7.8 million in 2021.

In addition to the huge job growth in the full battery electric vehicle sector mentioned above, other vehicle sectors saw notable job growth as well:

Hybrid electric vehicle jobs increased 19.7%, adding 23,577 new jobs.
Plug-in hybrid vehicle jobs increased 30.9%, adding 14,790 jobs.
Hydrogen fuel cell jobs increased 41.4%, adding 4,160 jobs.
Fossil fuel jobs accounted for most of the fuel jobs lost:

Petroleum – both onshore and offshore – led losses with a decrease of 6.4%, shedding 31,593 jobs.
Coal fuel jobs declined by the greatest percentage, at 11.8%, losing 7,125 jobs.
Fuel extraction jobs overall decreased by 12%.

But, biofuels, including renewable diesel fuels, biodiesel fuels, and waste fuels, grew by 6.7%, adding 1,180 jobs.

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