I prefer to focus on an "electrified" future where possible...
[QUOTE=Tiny 12;2992862]I'm not going to waste time reading the Book of Mormon when I know it's bull shit. Likewise, I'm not going to take a close read about what the Newsweek's sustainability editor and the Environmental Defense Fund have to say. I am sure their contention that methane losses in the Uinta Basin are 7% is bull shit.
Oil and gas companies have plenty of reason to monitor leaks, in addition to governmental pressure. They sell natural gas. They make money off it. If it's leaking into the air they make less money. Furthermore, they will get sued by landowners. Finally, the big ones are trying to claim they're "green. " Which is of course bull shit, but cutting natural gas leaks to 0% or close to it is one of the ways they go about claiming they're green. [/QUOTE]
[QUOTE=Tiny 12;2992862] And for the 3rd time, yes, there should be aggressive government regulation to prevent the industry from leaking natural gas. [/QUOTE]
I'm all for "aggressive" regulations, fines and penalties. But we all know, these penalties, are just a slap on the wrist and [i]"the cost of doing business".[/i] After all, fines are so much cheaper than fixing infrastructure, or declare bankruptcy when cleanup is due and walk-away from uncapped wells or unpaid land taxes.
In 100+ years, the O&G industry, hasn't been able to stop leaks or prevent flaring of methane gas, nor will they ever get zero% CO2 emissions from either oil or gas, given the next 100+ years.
[QUOTE=Tiny 12;2992862]9.8 billion cubic feet, the amount of natural gas that you say was leaked from 2019 to late 2023, is nothing. If the gas were pure methane (specific gravity of 0. 554), then that would be 188,000 metric tons of methane. 13.33 lbs. of air at standard conditions weigh one pound, and there are 2204 pounds per metric ton, if you want to check me. If your polytechnique insights link is correct (and I wouldn't bet on it), and you spread those 188,000 tons over 5 years (from 2019 to 2023), then those 9. 8 billion cubic feet are about 0.011% of total methane emissions from manmade sources during the period. You shouldn't want to put put the domestic natural gas industry out of business to reduce methane emissions by 0.011%.[/QUOTE]
Once again you fail to realize, the 9.7 billion cubic feet of gas, released into the atmosphere between 2019 and late 2023, is just the unreported amount, O&G were caught leaking. Add that to the global totals, and from all accounts noted in the articles, it signifies that total number of methane leaks, are severely under reported and likely to be 8x worst.
Tiny 12, didn't even get me started, on the U.S. gas crumbling infrastructure, that are a major source of the leaks!
[b]Americas Underground Crisis: Aging Infrastructure Brings Opportunity for Gas Workers [/b]
[LIST][i]Nearly half of America's existing natural gas infrastructure was built before 1960 and cast and wrought iron pipes were used extensively in those years. Wrought and cast iron are brittle and reactive. Like older plastics, they can crack and break from frost heaves or other ground movement.
...
It wasn't until 1971 that federal guidelines required steel pipes to be coated against corrosion and medium- and high-density polyethylene came into wide usage.
Between 1990 and 2010, gas utilities had already replaced about 85,000 miles of vulnerable mains from a total of nearly 200,000. But at that rate, given where the remaining pipe is located, it could take more than 30 years to replace the rest. All the while they are corroding, growing more brittle and leak-prone, and the threat isn't linear. As a pipe ages, problems accelerate.
Note: While I agree with the article's plea to attract and promote jobs to repair the U.S. infrastructure, I fear it's a fool's errand.
[url]https://ibew.org/media-center/Articles/19Daily/1905/190507_AmericaUnderground[/url] [/i][/LIST]
Point being, in the U.S. there's over 2.6 million miles of gas distribution pipes, with about 9-10% (or 260,000+ miles) leaky pipes (cast iron, unprotected steel). Some as old as 100+ years, in cities like , Boston and New York. So IMHO, the logical conclusion is, gov't and municipalities, should cut bait, repair what they can and focus more on the electrifying their infrastructures.
Sure the U.S., should continue to sell O&G in overseas markets, as long as there are countries still in need. But the U.S. IMHO, needs to adopt the Norway model and electrify more industry, business and residential infrastructure, while selling more O&G overseas, as these markets will be shrinking, as more and more countries, are rapidly moving to renewables.
[QUOTE=Tiny 12;2992862]As to the rest of your post, I didn't vote for Trump. That's not my monkey.[/QUOTE] [i][b](...kkkk!)[/b][/i] Sure, dude, sure...tell yourself, what ever makes you sleep better at nights!
Outdate "Baseload" myth, NOT applicable on flexible modern renewable grids...
[QUOTE=Tiny 12;2992865]Your source Gasleaks apparently doesn't understand the difference between methane and natural gas. Yes, CH4 will oxidize to CO2 and H2 O after 7 to 12 years in the atmosphere, from what I'm reading. The amount of CO2 resulting from the oxidation of manmade CH4 emissions is tiny compared to the volume of manmade CO2 emissions. [/QUOTE]
First, let's not gloss over the fact that Methane GHG emissions, has an 80x the supercharging warming effect, on our atmosphere, over those 12 to 20 years while it oxides. So hardly tiny!
Second, as much as you try to trivialize and minimize, the O&G industry's massive contributions to global warming and GHG emissions, despite having 100+ years, to clean up it's act, peak-oil maybe here already, in 2025, and that's a good thing, right?
Third, wouldn't the world of renewables, be so much better? I mean, a world where I wouldn't have to debate you on harmful, toxic GHG methane or CO2 emissions, since they are none emitted from renewables, be so much better?
[QUOTE=Tiny 12;2992865]As a former engineer who worked in a natural gas processing plant, I appreciate your educating me about mercaptans. [/QUOTE]
Your Welcome! I think I sort of already realized, you were perhaps a choirboy for the O&G industry, but thanks for the heads-up conformation.
[QUOTE=Tiny 12;2992865]As to "Yeah, I met that challenge several posts ago," no, you did not. [/QUOTE]First, yes I did! For example, I give you South Australia, Britain, China...etc
Second, I know fossil fuel advocates, like yourself, just love to misuse “baseload”, to argue renewables aren’t reliable. So, I've come to realize using the term "baseload", is an outdated fossil fuel term, that was used for old electrical grids, that used oil, coal, gas and nuclear power plants, for constant power output.
Flexible modern day electricity grids, for those countries, states or provinces, that have shifted or transitioning to a cleaner grid, where the bulk of their energy mix is made up of renewables, don’t aspire for or need "baseload" — they require [i][b]flexibility, in their modern grids.[/b][/i] The energy transition isn’t about replacing “baseload with baseload”—it’s about building a flexible, smarter and adaptive system where S+W+B and other renewables work together to make fossil fuels irrelevant.
The other big reason, I've come to realize why "baseload" is outdated, when referencing a more modern renewable powered grid, is due to [i][b]"The Primary Energy Fallacy"[/b][/i] and renewables being way more efficient at providing "usable energy".
[b]Busting the Baseload Myth and the Tyranny of Oligopoly-controlled Energy Markets[/b]
[url]https://medium.com/@aldogrech55/busting-the-baseload-myth-and-the-tyranny-of-oligopoly-controlled-energy-markets-6b3b4cc979f5[/url]
[QUOTE=Tiny 12;2992865]I'm not replying to any more of your posts on natural gas. And I'm probably the only one reading them, just as you're probably the only person reading mine.[/QUOTE]
Why do you guys, feel the need to announce to the world, your not replying to another BMs post? Just DON'T replay to the post or subject matter! No announcement necessary!
BTW, I won't care either way, but I do enjoy, learning the odd thing or two, from ChatGOP [i][b](...kkkk!)[/b][/i] So much thanks!
[QUOTE=Tiny 12;2992865]I had an Aha moment! I wasn't ever able to convince the Mormon missionaries who I invited into my home that they were sadly misguided, and I'm not going to be able to convince you either.[/QUOTE]
Unlike like you, I'm NOT trying to convince anyone here of anything! Other than I think Brazilian women are simply the best. But even then, I'm sure YMMV!
[QUOTE=Tiny 12;2992865]And why do you keep calling Trump my MAGA Fuhrer? The only person on this board who possibly dislikes me more than you do is the Marquesa, and the reason she dislikes me is because I don't like Trump. I love both of you by the way, in a brotherly, Christian kind of way. [/QUOTE] Perhaps had the Mormons, stayed a tad bit longer, they could have given you the answers you seek, brother Tiny 12?
[QUOTE=Tiny 12;2992865]Although it's incredibly frustrating trying to educate you.[/QUOTE] 'Tis a good thing then, that you have ChatGOP, to guide you and you help out? [i][b](...kkkk!)[/b][/i]
Hell Hath Frozen Over! Tooms and I Agree!
[QUOTE=EihTooms;2992877][B]Automakers warn that Trump tariffs will hike vehicle prices as much as 25%.
March 5, 2025[/B]
[URL]https://www.reuters.com/business/autos-transportation/automakers-warn-that-trump-tariffs-will-hike-some-vehicle-prices-by-much-25-2025-03-04/[/URL]
[B]Trumps Tariffs Causing Chaos In Auto Industry, Says Ford CEO.
Feb. 11, 2025[/B]
[URL]https://www.forbes.com/sites/peterlyon/2025/02/11/trumps-tariffs-causing-chaos-in-auto-industry-says-ford-ceo/[/URL]
And if there were such a thing as a car made and delivered 100% by Americans in America the labor costs would be so high we would only wish for an increase of as little as 25%.
Globalism keeps prices lower and reduces the inevitable risk of out-of-control wage inflation.[/QUOTE]
[QUOTE=SubCmdr;2992879]
Tariffs do help USA Automakers! By rewarding incompetence and an inability to innovate and produce creative designs. Building a moat of safety to protect them. Investors know a 25% across the board increase in auto prices will hurt sales. Ford and GM will not hold their costs down in order to gain market share. They will raise prices because their competitors will have to raise prices. That will allow them to maintain current profit margins with less sales.[/QUOTE]
[QUOTE=Sirioja;2992915]Because, even Ford and GM use many pieces built abroad. Average increasing for cars will be more than 7500 USD. Americans complained about Biden for inflation and they will get more inflation under Trump. So funny, vaseline should make big sales, for their ass deeply fucked. Robber and fucker Trump and his gang making DT BBBJ swallowing Putin.[/QUOTE]Excellent comments gentlemen. I agree, except for Sirioja's thoughts about Trump's sexual activities. Rumors that Trump is methodically butt fucking all Americans, and that Trump and Putin have a physical relationship have been thoroughly debunked.
Tooms, I believe deep down inside you, there's a "free market" Rand Paul Republican, or an "armed and gay" Chase Oliver Libertarian, just waiting to flower.
SubCmdr, It's going to be interesting to see how this plays out in the economy and the market. The ex-CEO of Ford was on CNBC this morning. He believes the tariffs will have no effect on Tesla. Ford will suffer, but only a little as it manufactures 80% of what it sells here in the USA. Surprisingly, he said Honda and Toyota won't be affected as severely as GM. Both the Japanese companies have large manufacturing presences in the USA, while GM imports 40% of what it sells. Bringing up the rear are the Europeans, the smaller Japanese manufacturers, and the Koreans, who in Sirioja's words are about to take it up the ass.
The ex-CEO believes the parts manufacturers will take it on the chin worse than the auto manufacturers. He says they're not in good financial shape, and will be forced to build factories in the USA they can't afford. He said that if you're going to do what Trump's doing, you should do it over several years, so companies can adjust.
There's going to be a ridiculous amount of money spent on new factories, and old ones will rust.
As the Economist put it, Trump's putting in place the same policies that caused the Indian economy to suck for decades. A few crony capitalists will make out like bandits, and the rest of us will lose.
4 photos
This Trump and MAGA bullshit just isn't working.
All the TrumpMusk Repub MAGA bullshit, lying, twisting, gas lighting and spinning about what a great job they are doing and how everything is so much better in these past horrific couple of months just isn't working.
Even Trump had to send Stefanik back to the purportedly "safe", heavily Repub Congressional seat she won by more than 20 points for fear that a 20 plus point margin of victory is NOT enough to hold back the potential Blue Tsunami building under these special election outcomes to keep that House seat "safe" for Repubs at all.
[B]White House pulls Stefaniks UN ambassador nomination amid concern over narrow Republican House majority.
March 27, 2025[/B]
[URL]https://www.cnn.com/2025/03/27/politics/stefanik-ambassador-nomination-white-house/index.html[/URL]
[QUOTE]The president said he didnt want to take a chance on Stefaniks open seat in northern New York, which heavily favored Republicans.[/QUOTE]Here's why:
[B]Trump's Approval Rating On the Economy Hits New Low, Polls Show.
March 27, 2025[/B]
[URL]https://www.newsweek.com/trump-economy-approval-rating-new-low-gallup-2051744[/URL]
[QUOTE]Trump's approval ratings in surveys conducted by nearly every major pollster are now negative.[/QUOTE]
What dumbass right-wing "woke" culture-wars, looks like in Texas...
JFK's vitamin A and cod liver oil, measles anti-vax propaganda cure, causes mass treatment for kid's liver damage, from vitamin A toxicity, in unvaccinated kids with severe cases of measles.
[b]RFK Jr.'s Bogus Vitamin A Claims Are Making Some Measles Patients More Sick,[/b] Mar 28, 2025
[url]https://www.huffpost.com/entry/rfk-jr-vitamin-a-toxicity-measles_l_67e6a46ee4b086a4e8de55cf[/url]
Another great example of when dumbass right-wing "woke" culture-wars and their asymmetric false equivalencies, that inevitably cause mass systemic harm and often death, on a large societal scale.
Elon Musk is a mother fucker!
A man that gets paid 8,000,000 USD / day from USGOV putting people on the street with a chain saw. Cutting off aid to the poorest people in the world. While damaging the soft power influence of USGOV. An immigrant himself to the US.
[B]No, Musk is not brave he is sick human being![/B]
His stock went down, now he crying like a *****!
Until I am free of the IRS, there will be NO liberation day for me!
[B]ROTFLMAO![/B]
The internationally-recognized Russian asset in a diaper is left crying alone
TrumpMusk and the other Repub MAGAs in Congress have 20 months left to do their absolute worst for the USA Economy, National Security and Foreign Policy before any further damage they can inflict on America and the American people is mercifully reduced to a comparative dull roar.
After that, roughly 3 1/2 years from now, the incoming Dem Administration will have perhaps the worst of the worst possible Repub catastrophic messes of everything to clean up and from which to recover America and the rest of the World they have ever been handed by an outgoing Repub Administration.
It will almost certainly be the post-Repub Coolidge / Hoover, post-Repub Eisenhower, post-Repub Nixon / Ford, post-Repub Reagan / Bush1, post-Repub Bush2, post-Repub Trump's Pandemic Part 1 catastrophic mess of All Time on Steroids to clean up.
So count on all of the Repub MAGAs on the sidelines and all of the typically pro-Repub Mainstream Media to snipe and scream and blame those incoming Dems for the whole thing while they are performing historic herculean feats to accomplish what most will say is impossible. Lolol.
And count on this too; it WILL cost money to pull us out of this Repub mess. A LOT of money. MORE money than whatever pittence TrumpMusk can scratch out on a faked golf scorecard to falsely claim they "saved" by laying off thousands of veterans and Social Security Help Staff.
It always does cost more money to pull us out of these Great Repub Economic and National Security Catastrophes than the Repubs piss away getting us into them.
[B]BREAKING: Canada officially cuts ties with Trumps America.
Canada is the First Nation to Walk Away from MAGA. Proudly. Finally.
March 27, 2025[/B]
[URL]https://deanblundell.substack.com/p/breaking-canada-officially-cuts-ties[/URL]
[QUOTE]Huge. "Canada just walked away from the United States. We ended our economic and security ties with Trumps America, but it was historically stunning nonetheless. Not in some passive, were disappointed way. Not a strongly-worded letter. Not a polite diplomatic eye-roll. No Prime Minister Mark Carney gave a full break-up speech on live TV.
The era of deep economic, security, and military ties between Canada and the United States is over.
And just like that, 150+ years of the worlds most peaceful, "mutually beneficial, boring-but-beautiful border relationship... done - dismantled by one orange blowhard/rapist/felon cosplaying as a capable President when hes just a Russian asset in a fucking diaper.
"This comes after Trump allegedly tried to set up a phone call with Carney, to which Carney said nah.
"Donald Trump in what might be the most unhinged foreign policy week since buy Greenland slapped a 25% tariff on Canadian auto imports, called Canada a national security threat, and floated the idea of annexing us as the 51st state.
"Yes. Annexing. Like Putin-lite. Except fatter and with worse grammar.
"Then, when Canada pushed back by deepening economic ties with the European Union, Trump jumped on Truth Social and typed this out with his whole chest:
CANADA IS TRYING TO UNDERMINE AMERICA. IF THEY THINK THEY CAN PARTNER WITH THE EU AGAINST US THERE WILL BE HARSHER SANCTIONS. CANADA AND EUROPE BE WARNED.
"Carney called that bluff today most soberly and seriously. Canada isnt taking a break for its economic and security alliance - were torching it and betting on ourselves with a few other deomcratic superpowers not led by a fucking dotard Putin Puppet.
"Today, Mark Carney made the most consequential announcement of any Canadian Prime Minister in modern history. Visibly pissed but composed, he said enough was enough:
We have to look out for ourselves. And we will do that.
He,Trump, wants to break us so America can own us. And it will never ever happen.
We will defend our workers. We will defend our companies. We will defend our country.
"It felt less like a press conference and more like Churchill with better lighting. That wasnt a press conference. That was world history in the making. A moment that will come to define us as the worlds biggest energy superpower, and it will be done in an unimaginably short period of time because it has to be. Canada will do things not thought possible. And were here, so it has to get done.
"Trump did this. Not Canada. Not Mark Carney. HOWEVER, maybe we should think about sending him a gift basket because the butterfly effect of having the dumbest fascist alive be the 47th president of the United States
"The Global Fallout. This wasnt just a press hit it was a geopolitical earthquake. Heres whats happened in just 12 hours:
The Canadian dollar surged as markets responded to Carneys leadership and a pivot toward Europe.
The Dow dropped 700 points after U.S. automakers panicked over retaliatory tariffs and global realignment.
EU leaders released a joint statement backing Canada and fast-tracking trade + defense integration.
American allies from Germany to Japan are quietly freaking out not because Canada left, but because it finally did what theyve all been thinking.
Canada is now the first country on Earth to formally sever close ties with Trumps America.
And its about damn time."[/QUOTE]
There is post in the Thailand Threads that says
The declined in the US Stock market means people won't be able to fuck there no mo. I disagree. I think Musk fucking with Social Security will have a much greater affect on the majority of Ex-Pats living in Thailand and abroad in other places in the world. Don't feel bad, only Silver and Gold are going up. Crypto market is in a major correction also. With no sign the bottom is in. I am buying the dip!
[B]Below you will find an excellent post on why I relentlessly take profit put it into gold/silver/Bitcoin![/B]
[QUOTE=EihTooms;2993341]It qualifies as a Crash because the near double digit decline in the Wall Street preferred go-to measure of the S&P 500 Index happened so fast. In fact, that Index closed into a double digit decline once already.
But I see the S&P 500 Index reached its All Time Closing High of 6144 on February 19. Today it closed at 5580, a 9. 15% decline since that ATCH. Which means we are generally only in Sell-Off territory, not yet even into Correction territory, a decline of 10% - 20%.
If it declined to the 5000 level you cited, it still would not quite have reached a Bear Market Decline. At an 18.6% decline it would be just shy of the 20% decline level needed to be generally considered a Bear Market Decline.
Oh for sure TrumpMusk is trying damn hard to get us there and below, along with as Great of a Great Repub Recession or Great Repub Depression and Massive Repub Jobs Destruction as they can accomplish to satisfy their apparent Repub Party contractual obligation to deliver at least one per Repub presidency.[/QUOTE]
