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Originally posted by MikeKennedyRulZ View Post
Be careful touting Tesla and Elon Musk. He doesn't exactly believe in or support your leftie Biden agenda, even when it comes to subsidies, charging stations and the Build Back Bolshevik plan."You Just Want to Slap The #### Outta Some People"
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GM heralded this plant as a model for its electric car future. Then its batteries started exploding.ORION TOWNSHIP, Mich. - Before General Motors recalled the entire fleet of its most popular electric car because of fire dangers, before her factory was stilled, assembly line worker Carol McConkey stood in the middle of a teeming factory floor and marveled at how seamlessly the Chevrolet Bolt is manufactured. The nine-year GM employee ducked under a car frame on an orange vehicle carrier, swung a mechanical arm out and drove five bolts into a nearly 1,000-pound battery pack with roughly the foo
yup
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This article from an natural resource investment advisor is mostly focused on energy but also delves in to climate change as well.
The Energy Crisis is Here - What's Coming Next?
The current energy crisis caught (nearly) everyone off guard. We had predicted many of the underlying causes. What’s coming next?
Some highlights (or lowlights depending on your perspective):
We thought extremely strong oil demand, coupled with a feeble rebound in non-OPEC production, would lead to a situation never seen in 160 years of crude history: demand would actually surpass global pumping capability by the end of 2022. Even during the two energy crises of the 1970s (the Arab oil embargo of 1973 and the Iranian hostage crisis of 1979), crude demand did not come close to exceeding global pumping capability. Recent data strongly suggests our modelling was correct: demand will exceed pumping capacity by the end of next year.
By September 2021, prices in Europe and Asia reached between $32-33 per mmbtu, equivalent to a crude price of $200 per barrel based on the energy contained in each. In a frantic attempt to meet demand, European and Asian buyers have turned to spot liquefied natural gas cargos only to realize that global LNG markets have also slipped into a severe structural deficit.
European utilities are desperately switching from burning expensive natural gas to much less expensive crude oil, increasing demand by over 500,000 b/d. This additional source of demand has introduced even more tightness into an oil market that is already undersupplied.
Energy markets are also tightly bound to global agriculture. We believe agricultural markets are primed to slip into crisis at some point this decade. As energy shortages have spread, many fertilizer and soybean processing plants in China and the UK have already been shut.
Coinciding with the explosion of energy-hungry consumers is the misguided focus on renewable energy over the last 10 years. Mounting ESG pressures forced energy companies to significantly reduce their traditional hydrocarbon investment while dramatically increasing commitments to renewable energy projects. Wind and solar have a fundamental problem: they are intermittent and therefore unsuited for baseload power.
In the short term, the biggest variable is the weather. As many of our readers know, we believe we are entering a prolonged cooling phase that will produce many unfortunate and unforeseen outcomes. Evidence continues to emerge suggesting we have entered into a long phase of reduced sun-spot activity. Typically, these periods are associated with longer, colder winters, shorter growing seasons, and more violently destructive weather.
Although this past Northern Hemisphere summer was one of the warmest on record, the Southern Hemisphere winter was just the opposite. An extensive winter storm led to near-record low temperatures and left large swaths of southern Brazil blanketed under snow for the first time in 65 years. An incursion of cold Antarctic air produced one of the worst freezes in the heart of Brazil’s coffee growing region, sending coffee bean prices soaring. And although it has garnered absolutely no press, Antarctica has just experienced its coldest winter on record, leaving its sea ice at the fifth highest reading since records began in 1979.
Given that we are now well into our third consecutive 11-year sunspot cycle with lower sequential maximal activity, and that Eastern Pacific Ocean conditions point to a moderate La Niña, we believe the risk of a severe Northern hemisphere winter is real. Russia experienced its coldest September in two decades while Europe broadly has had a cold start to autumn. A colder than normal winter would have a catastrophic impact on already depleted natural gas inventories.
Oil markets will likely be the next to undergo severe stress. Inventories have drawn at a record pace and now stand well below normal. Non-OPEC production growth has disappointed while strong demand continues to surprise.
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Originally posted by 1972Shocker View PostThis article from an natural resource investment advisor is mostly focused on energy but also delves in to climate change as well.
The Energy Crisis is Here - What's Coming Next?
The current energy crisis caught (nearly) everyone off guard. We had predicted many of the underlying causes. What’s coming next?
Some highlights (or lowlights depending on your perspective):
We thought extremely strong oil demand, coupled with a feeble rebound in non-OPEC production, would lead to a situation never seen in 160 years of crude history: demand would actually surpass global pumping capability by the end of 2022. Even during the two energy crises of the 1970s (the Arab oil embargo of 1973 and the Iranian hostage crisis of 1979), crude demand did not come close to exceeding global pumping capability. Recent data strongly suggests our modelling was correct: demand will exceed pumping capacity by the end of next year.
By September 2021, prices in Europe and Asia reached between $32-33 per mmbtu, equivalent to a crude price of $200 per barrel based on the energy contained in each. In a frantic attempt to meet demand, European and Asian buyers have turned to spot liquefied natural gas cargos only to realize that global LNG markets have also slipped into a severe structural deficit.
European utilities are desperately switching from burning expensive natural gas to much less expensive crude oil, increasing demand by over 500,000 b/d. This additional source of demand has introduced even more tightness into an oil market that is already undersupplied.
Energy markets are also tightly bound to global agriculture. We believe agricultural markets are primed to slip into crisis at some point this decade. As energy shortages have spread, many fertilizer and soybean processing plants in China and the UK have already been shut.
Coinciding with the explosion of energy-hungry consumers is the misguided focus on renewable energy over the last 10 years. Mounting ESG pressures forced energy companies to significantly reduce their traditional hydrocarbon investment while dramatically increasing commitments to renewable energy projects. Wind and solar have a fundamental problem: they are intermittent and therefore unsuited for baseload power.
In the short term, the biggest variable is the weather. As many of our readers know, we believe we are entering a prolonged cooling phase that will produce many unfortunate and unforeseen outcomes. Evidence continues to emerge suggesting we have entered into a long phase of reduced sun-spot activity. Typically, these periods are associated with longer, colder winters, shorter growing seasons, and more violently destructive weather.
Although this past Northern Hemisphere summer was one of the warmest on record, the Southern Hemisphere winter was just the opposite. An extensive winter storm led to near-record low temperatures and left large swaths of southern Brazil blanketed under snow for the first time in 65 years. An incursion of cold Antarctic air produced one of the worst freezes in the heart of Brazil’s coffee growing region, sending coffee bean prices soaring. And although it has garnered absolutely no press, Antarctica has just experienced its coldest winter on record, leaving its sea ice at the fifth highest reading since records began in 1979.
Given that we are now well into our third consecutive 11-year sunspot cycle with lower sequential maximal activity, and that Eastern Pacific Ocean conditions point to a moderate La Niña, we believe the risk of a severe Northern hemisphere winter is real. Russia experienced its coldest September in two decades while Europe broadly has had a cold start to autumn. A colder than normal winter would have a catastrophic impact on already depleted natural gas inventories.
Oil markets will likely be the next to undergo severe stress. Inventories have drawn at a record pace and now stand well below normal. Non-OPEC production growth has disappointed while strong demand continues to surprise.
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Originally posted by 1972Shocker View PostThis article from an natural resource investment advisor is mostly focused on energy but also delves in to climate change as well.
The Energy Crisis is Here - What's Coming Next?
http://blog.gorozen.com/blog/the-ene...ource=hs_email
Some highlights (or lowlights depending on your perspective):
We thought extremely strong oil demand, coupled with a feeble rebound in non-OPEC production, would lead to a situation never seen in 160 years of crude history: demand would actually surpass global pumping capability by the end of 2022. Even during the two energy crises of the 1970s (the Arab oil embargo of 1973 and the Iranian hostage crisis of 1979), crude demand did not come close to exceeding global pumping capability. Recent data strongly suggests our modelling was correct: demand will exceed pumping capacity by the end of next year.
By September 2021, prices in Europe and Asia reached between $32-33 per mmbtu, equivalent to a crude price of $200 per barrel based on the energy contained in each. In a frantic attempt to meet demand, European and Asian buyers have turned to spot liquefied natural gas cargos only to realize that global LNG markets have also slipped into a severe structural deficit.
European utilities are desperately switching from burning expensive natural gas to much less expensive crude oil, increasing demand by over 500,000 b/d. This additional source of demand has introduced even more tightness into an oil market that is already undersupplied.
Energy markets are also tightly bound to global agriculture. We believe agricultural markets are primed to slip into crisis at some point this decade. As energy shortages have spread, many fertilizer and soybean processing plants in China and the UK have already been shut.
Coinciding with the explosion of energy-hungry consumers is the misguided focus on renewable energy over the last 10 years. Mounting ESG pressures forced energy companies to significantly reduce their traditional hydrocarbon investment while dramatically increasing commitments to renewable energy projects. Wind and solar have a fundamental problem: they are intermittent and therefore unsuited for baseload power.
In the short term, the biggest variable is the weather. As many of our readers know, we believe we are entering a prolonged cooling phase that will produce many unfortunate and unforeseen outcomes. Evidence continues to emerge suggesting we have entered into a long phase of reduced sun-spot activity. Typically, these periods are associated with longer, colder winters, shorter growing seasons, and more violently destructive weather.
Although this past Northern Hemisphere summer was one of the warmest on record, the Southern Hemisphere winter was just the opposite. An extensive winter storm led to near-record low temperatures and left large swaths of southern Brazil blanketed under snow for the first time in 65 years. An incursion of cold Antarctic air produced one of the worst freezes in the heart of Brazil’s coffee growing region, sending coffee bean prices soaring. And although it has garnered absolutely no press, Antarctica has just experienced its coldest winter on record, leaving its sea ice at the fifth highest reading since records began in 1979.
Given that we are now well into our third consecutive 11-year sunspot cycle with lower sequential maximal activity, and that Eastern Pacific Ocean conditions point to a moderate La Niña, we believe the risk of a severe Northern hemisphere winter is real. Russia experienced its coldest September in two decades while Europe broadly has had a cold start to autumn. A colder than normal winter would have a catastrophic impact on already depleted natural gas inventories.
Oil markets will likely be the next to undergo severe stress. Inventories have drawn at a record pace and now stand well below normal. Non-OPEC production growth has disappointed while strong demand continues to surprise.Livin the dream
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Originally posted by wufan View Post
They’re worried about global cooling? I’ve been reliably assured that isn’t a problem."When life hands you lemons, make lemonade." Better have some sugar and water too, or else your lemonade will suck!
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The thing that annoys me the most is that the people who are always wrong about everything are continually given credability.
To my knowledge, there has not been a single prediction (the ones where the timeframe has elapsed) proven correct. Not one.
There is not a single government modeler that is ever correct. Stop listening to them, they are fools and incompetent."When life hands you lemons, make lemonade." Better have some sugar and water too, or else your lemonade will suck!
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There's a reason that after a few decades of going back and forth between global warming and then global cooling that they just changed it to climate change so they can argue both sides and simply ignore all of the data that shows the world's climate has warmed and cooled since the dawn of time and that humanity has very little impact on that.
I know there's not as much money in it, but they should simply focus on actual pollution and those real life effects and what can be done than with this man is killing the world by changing the climate BS.Infinity Art Glass - Fantastic local artist and Shocker fan
RIP Guy Always A Shocker
Carpenter Place - A blessing to many young girls/women
ICT S.O.S - Great local cause fighting against human trafficking
Wartick Insurance Agency - Saved me money with more coverage.
Save Shocker Sports - A rallying cry
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Originally posted by pinstripers View PostI know it's cold today, but I remember how hot it was last summer. One day at the mall, (it was about 110) I walked past a Toyota with a baby in the back seat. I did not panic, I grabbed a cinder block and threw it through the back window. Scared the hell out of the driver.........
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