When does Biden change his campaign slogan to "Drill Baby Drill"

Yukon Cornelius said:

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Birdwatcher said:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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Solar and wind have horrible energy efficiency. Crude is oil is insanely efficient in regards to how much energy it takes to get how much energy it provides. Coal is like a 1 to 30. Really good. Wind is like a 1 to 7. Really bad.


Bottom line tho, there is a direct correlation between personal freedoms and energy efficiency. The more efficient an energy is the more freedoms individuals have. This is why we are seeing REGRESSION in energy forms.


For a long time in human history it took human energy to do things. Ie rowing a boat. It took a large number of slaves to row a bigger boat. That means there will fundamentally be fewer free people and more slaves/serfdom types.

Then we have the invention of sails. You could harness the wind energy. Which was more efficient than human energy and thus less people required to power the boat. More individual freedoms in society.

Look at modern times a single guy can operate a big boat with a Diesel engine. Requires 0 slaves/serfdom type people.

But now we are regressing, by design, back to wind energy.

Once everyone switches to electric cars they will say power grid not strong enough. No personal vehicles. Use government bus routes.

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I truly believe this is the plan. They know we can not sustain all EVs it would take. They want the plebians to take the bus. And only the rich and the oligarchs will be able to afford an EV.

It's easy to see this stuff if you are paying attention. They don't intent to improve the infrastructure to support all those EVs by 2035. You'll take the bus and eat bugs little sheep. And people vote for this.

planoaggie123 said:

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When does Biden change his campaign slogan to "Drill Baby Drill"

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Never. Biden's handlers have served us this **** sandwich and they're going to force us to eat it.

Yep

Birdwatcher said:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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Just think about how much more CO2 space we could have if we had a few less million people on the planet. Maybe someone could create an airborne virus and spread it around the world to help reduce carbon emitting by the world's nonessentials. After all we only have 6 years until the tipping point so we must make the hard decisions. Right?

No Spin Ag said:

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fixer said:

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The thought is that transition to carbon management is going to be more profitable than oil in the somewhat near future.

So long term plans are being designed and carried out in accordance with this vision.

This means the focus isn't on drilling and expanding ( some drilling is occurring but not like in 2010).

Cash and personnel are focused on carbon reduction, carbon management, emission reductions, etc

Hell even base production is far less of a concern than flaring.

In one month I went from the " gas turbine guy" to " get rid of the gas turbine guy".

It isn't just the share holders that support it. It's deeper. Access to capital is now screened based on esg.

And there is a risk off mentality on oil because many if not all of the oil companies got put on life support during covid.

Ceo and board members woke up in March 2020 and world "leaders" shut everything down in the midst of a 5 or 10 year drilling and development plan. Say goodbye to that being a possibility again. So drilling plans are shorter in cycle and more focused. To get drilling that it would take to be net exporter and independent would need oil sustained in the 100s and likely even higher. The risk is too high that governments will eff you raw in an overreaction to something.

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Thanks for so much information. Do you think when we get an R back in the White House it'll go back to normal, or is this a global issue to where whatever we do doesn't change much for us?

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Just reading his post, I'm thinking it won't do much as long as ESG is around and the big banks are using it to make capital lending decisions.

Birdwatcher said:

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Congress just passed a historic climate bill. Now is the time to push forward with renewables, not go backwards.

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Renewables are not anywhere near ready to take over for petroleum, and truth be told, they most likely NEVER will be. Only Nuclear is a viable alternative for power generation, but your kind won't support that, either.

In short term maybe some relief . I'm pessimistic long term.

Loosening regulatory space will incentivize some exploration and production. But with the ubiquitous and overbearing emphasis on net zero carbon emissions that stems from large institutional shareholders, investment houses, and the boardroom itself, I don't see a major change.

Climate zealotry has overtaken the boards of most major and super major oil companies.

Birdwatcher said:

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Congress just passed a historic climate bill. Now is the time to push forward with renewables, not go backwards.

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You deserve to be laughed at for this take.

will25u said:

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WHITE HOUSE'S KIRBY: U.S. NEEDS TO BE LESS DEPENDENT ON OPEC+ AND FOREIGN PRODUCERS OF OIL

Wait... what

— zerohedge (@zerohedge) October 5, 2022

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Unfortunately for this White House, to be less dependent on OPEC and other foreign oils means going all in on green energy and letting our hyrdocarbons sit in the ground until the world ends anyway.

I know, right. Just think how much less CO2 and methane there would be on the planet if I ceased existing.

Beat40 said:

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will25u said:

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WHITE HOUSE'S KIRBY: U.S. NEEDS TO BE LESS DEPENDENT ON OPEC+ AND FOREIGN PRODUCERS OF OIL

Wait... what

— zerohedge (@zerohedge) October 5, 2022

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Unfortunately for this White House, to be less dependent on OPEC and other foreign oils means going all in on green energy and letting our hyrdocarbons sit in the ground until the world ends anyway.

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Exactly. They're not lying. They simply aren't telling the truth behind their statement.

the US long-term energy policy is completely incoherent

And yes I'm solidly in the belief that controlling energy is how goons will attempt controlling people, camp.

Birdwatcher said:

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We could become less reliant on Saudi Arabia by, I don't know, using more renewable energy and thus using less of their oil.

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Please provide a list of renewable energy sources then short summary of how energy gets "renewed".

We will wait.

cone said:

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the US long-term energy policy is completely incoherent

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This Obama 3.0 policy is crystal clear...knee cap the United States...

fixer said:

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In short term maybe some relief . I'm pessimistic long term.

Loosening regulatory space will incentivize some exploration and production. But with the ubiquitous and overbearing emphasis on net zero carbon emissions that stems from large institutional shareholders, investment houses, and the boardroom itself, I don't see a major change.

Climate zealotry has overtaken the boards of most major and super major oil companies.

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From what I have seen and heard from some of the PE groups, I think a lot of Big Money will be returning to O&G in direct opposition to the ESG morons. A LOT of these players got completely burned from 2013 - 2020 by stupidly pushing their companies to focus on growing production vs. making money. Many of these guys have licked their wounds enough and look at the idiotic energy policy of the Biden administration and see a business opportunity. Yes, they will still have to contend with overbearing regulations in Federal/ BLM plays, but in states like Texas.... Opportunities are a plenty.

If there is money to be made... They will play ball. Look at Jamie Dimon's remarks last week... He would not have said that 6-12 months ago, but ultimately reality wins.... and right now, the whole world is seeing what reality actually looks like with these ESG idiots in charge.

TLDR: IMHO, big money will return to O&G, but they are going to be picky on who they choose to team up with so they do not get bite again.

Bonfire1996 said:

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LOL. This is the one, single thing that Biden or democrats can never spin.

Trump completely neutered OPEC+ to the point their meetings never even made the news.

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Ya... he was too busy planning his lock downs making it so no one was buying oil.

Birdwatcher said:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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I guess you didn't notice how the windmills didn't turn during our heat wave.....because there is generally no wind during a heat wave.

Did you turn off you a/c and stop charging you EV during this time to help the case?

I live in an area riddled with windmills. It's amazing how often that fewer than 70% of the mills are turning, even at what should be peak wind times. Awesome reliability on display.

fixer said:

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In short term maybe some relief . I'm pessimistic long term.

Loosening regulatory space will incentivize some exploration and production. But with the ubiquitous and overbearing emphasis on net zero carbon emissions that stems from large institutional shareholders, investment houses, and the boardroom itself, I don't see a major change.

Climate zealotry has overtaken the boards of most major and super major oil companies.

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Thanks for sharing your thoughts, Fixer. It's good to hear from someone on the inside, even if the news isn't all that positive.

that doesn't make a ton of sense

energy woes is politically unstable

not exactly smart for the party in power

what you need isn't more solar panels and more windmills

what you need is a breakthrough in battery technology

Quote:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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what is the optimum temperature of Earth? What happens if the planet gets colder...probably a lot more catastrophic than a rise in temp.

sam callahan said:

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Based on your posts, please tell us how you expect this chart to change in the future?

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the yellow bar should be 20x larger. I would settle for the orange disappearing for about 20 years and oil to continue to increase

MaroonStain said:

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Birdwatcher said:

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We could become less reliant on Saudi Arabia by, I don't know, using more renewable energy and thus using less of their oil.

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Please provide a list of renewable energy sources then short summary of how energy gets "renewed".

We will wait.

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Touche my friend!

Nuclear

Birdwatcher said:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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So, I'm just wondering if you can answer the following questions

1. What is your living situation? Home, apartment, condo, etc. Rent or buy?

2. Do you own a vehicle? If so, is it an EV or ICB powered?

3. PEDs do you own and or use?

4. How do you get your food? Are you 100% hunter/gatherer?

5. Do you grow the fibers for and produce your own clothing?

6. Are you employed or self employed?

One thing that doesn't get discussed much is the impact of moving to renewables or nuclear will have on the vast petrochemical industry.

Currently, about 83-87% of crude oil is refined into fuel of some type (gasoline, diesel, jet, kerosene, etc.). However, that remaining 13-17% is not wasted. Most of it ends up as feedstocks to petrochemical plants that turn that material into a vast array of products; pharmaceuticals, hygiene products, cosmetics, tires, plastics, insulating foam, paint, etc. The list is almost endless. Almost everything that we use/consume is derived from oil. Without these plants, you don't have i-phones, computers, automobiles, refrigerators, etc.

So, what happens when demand for the oil derived products stays the same or grows, while the demand for oil as fuel goes down?

This shift will have drastic impacts on the cost of products. Refineries still make the bulk of their profit on selling fuel and these critical by-products are basically subsidized as part of the cost of making the fuel. If the ratio between the fuel value and the chemical value of a barrel of crude changes, then the economics change drastically (and not for the better).

fixer said:

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In short term maybe some relief . I'm pessimistic long term.

Loosening regulatory space will incentivize some exploration and production. But with the ubiquitous and overbearing emphasis on net zero carbon emissions that stems from large institutional shareholders, investment houses, and the boardroom itself, I don't see a major change.

Climate zealotry has overtaken the boards of most major and super major oil companies.

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How TF is carbon management a profit making strategy? And who TF is the consumer of this carbo management?

I consume energy. I would not willingly pay a single penny for carbon management.

Birdwatcher said:

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We could become less reliant on Saudi Arabia by, I don't know, using more renewable energy and thus using less of their oil.

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BWAHAHAHHHAHAHAHAHHHAHAHAHAHAHA

*breathes heavily*

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

This is the kind of "arguments" we get from the left on this board. How do you discuss anything with someone who thinks the sky is jello?

Birdwatcher said:

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Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

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Good Lord, what an idiotic take.

Drlll now drill here.

Some Junkie Cosmonaut said:

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Birdwatcher said:

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We could become less reliant on Saudi Arabia by, I don't know, using more renewable energy and thus using less of their oil.

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BWAHAHAHHHAHAHAHAHHHAHAHAHAHAHA

*breathes heavily*

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

This is the kind of "arguments" we get from the left on this board. How do you discuss anything with someone who thinks the sky is jello?

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Curious where people like this think all the supplies to replace the panels and batteries are going to come from when their end of life cycle hits.

Definitely Not A Cop said:

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How does someone named birdwatcher support wind and solar?

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Maybe he enjoys watching them die?