I'm picturing titans of industry watching a hacked video stream of you eating breakfast. That's two meat patties I see, two more years of squalor for Alberta you hungry animal you.
Goldman is the worst. If you ever needed confirmation that oil is going to go through $55/bbl, there you have it.
__________________
Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
I believe the idea is to go straight from coal to renewable. Steps in the right direction are considered bad because someone might decide to stop walking after the first step.
It is really an all or nothing argument that seems to me will result in greater CO2 emissions than embracing smaller steps.
I think you're right, that "this is the idea" and it's not you're idea.. you're just clarifying. BUT what people don't understand is that renewables won't cut it. Go look at any jurisdiction that's put in a high penetration RES solution - emissions and/or prices increase dramatically. It doesn't matter that the turbines and panels themselves are inexpensive - they require massive infrastructure investment and are intermittent. Their EROI is too low to sustain an industrialized society. If they get implemented the way it's dreamed of while getting high huffing unicorn farts, our society will regress at best and more likely will face total collapse given the greater inequality between social classes it will cause. It will be a total clusterFata.
__________________
Quote:
Originally Posted by Biff
If the NHL ever needs an enema, Edmonton is where they'll insert it.
The Following User Says Thank You to SeeGeeWhy For This Useful Post:
Goldman is the worst. If you ever needed confirmation that oil is going to go through $55/bbl, there you have it.
That 50-60 range is pretty commonly held as the short term cap on price because of how much pre-drilled uncompleted shale and shale in the sweet spot of the formations that is out there and profitable at those prices.
The only thing that pushes through that range is you probably only have 1 million BPD that you could bring on like that if you look at current to peak US production. So if OPEC cuts are greater than Shale's ability to meet short term supply then the price breaks through. If Shale can offset OPEC cuts then prices stay in the current range.
She broke $50 today! Just as a reminder, it had dropped to 27.57 back in February. Hopefully the forecasted bitter cold winter will provide some price support.
I believe the idea is to go straight from coal to renewable. Steps in the right direction are considered bad because someone might decide to stop walking after the first step.
It is really an all or nothing argument that seems to me will result in greater CO2 emissions than embracing smaller steps.
Unfortunately, we don't have unicorn fart plants up and running yet, so I would really love for Blender to explain how we're supposed to get from point A to point Z without several stops along the way.
You will have to walk me through how the LNG gas plant is an environmental debacle?
Missed this.
I worked on something like this for quite awhile. Biggest concerns with an LNG tanker isn't so much the potential for an oil spill as it was for a gigantic ####ing explosion / bomb once the pressurized frozen (therefore liquid) gas is released into the atmosphere.
So while that'd be bad, obviously, it was more of a bomb problem but hey- at least it's contained more than an oil spill would be!
When people talk about tankers of product and oil spills and environmental risks. All those boats floating in and around Vancouver... Those are all good if they tip then? No double standard going on there? Any of those boats contain stuff like, say, sugar? I heard that's great for the Ecosystem.
I worked on something like this for quite awhile. Biggest concerns with an LNG tanker isn't so much the potential for an oil spill as it was for a gigantic ####ing explosion / bomb once the pressurized frozen (therefore liquid) gas is released into the atmosphere.
So while that'd be bad, obviously, it was more of a bomb problem but hey- at least it's contained more than an oil spill would be!
A BLEVE, as I recall from my hazardous goods training.
Why would this go ahead when the previous deal fell through. BH made $3.5 billion last time when the deal fell through.
The businesses of BH and GE have less overlap than BH and Halliburton had, therefore is less likely that the merger would be denied for anti-competition reasons.
Worst case Ontario, BH pockets a cool $7bn from each deal falling apart.
