Fuel Prices.

[Trackhead]

Problem or concern with EV is will oil companies still have financial incentive to continue pursuing oil if say 1/2 the demand disappears to EV? So you’ve got heavy industry/aircraft/etc not likely to go EV anytime soon, oil market demand essentially collapses/becomes marginally profitable…how does the world economic dynamic adjust?

[skiballs]

It took thousands of years to find something better than the horse and wagon. When something that is more efficient comes along, that’s when things will change, and only then.


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[skaredshtles]

Problem or concern with EV is will oil companies still have financial incentive to continue pursuing oil if say 1/2 the demand disappears to EV? So you’ve got heavy industry/aircraft/etc not likely to go EV anytime soon, oil market demand essentially collapses/becomes marginally profitable…how does the world economic dynamic adjust?

Uninformed guess: people much smarter than me will figure out how to adjust

[Trackhead]

Uninformed guess: people much smarter than me will figure out how to adjust

Hahahahh…will be an interesting transition. I likely won’t be alive to see it happen.

[nickwm21]

Problem or concern with EV is will oil companies still have financial incentive to continue pursuing oil if say 1/2 the demand disappears to EV? So you’ve got heavy industry/aircraft/etc not likely to go EV anytime soon, oil market demand essentially collapses/becomes marginally profitable…how does the world economic dynamic adjust?

It will be a slow-slow decline in demand. The petroleum industry handling that transition is the least of our worries.


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[LongShortLong]

It'll be just like any other time there was a change in oil prices, or any commodity for that matter. Price goes up, people figure out how to substitute or otherwise use less. Member the oil shocks of the 70s? Started a revolution in carpools and compact cars. The world didn't end. Member the 80s/90s when prices became cheaper and more stable? Started a SUV revolution.

If carbon fuel prices are forced to include their impact on the environment, people will adapt, just as they do to any price change. There's already a shitload of electric cars around here, and I haven't seen the sky falling. Grid didn't collapse, airplanes still fly off the treadmill. Supposedly EVs don't cost any more to run than gas cars, so we should get on that. The upfront cost is (currently) higher, but we have a well developed financial system to cover that. The shift away from oil may hurt some dictators; I have no tears.

[evdog]

You’ll soon hate “big mining”. I don’t see any difference in business ethics between the two.

I may as well introduce "Big electricity" too then. Wind and solar may be renewable but at industrial scale they produce a huge footprint. Most people seem unaware what a massive expansion of those will look like on the ground.

Big electricity is doing everything it can to stifle small scale/personal solar while railroading through its own industrial scale generation and transmission projects. Like oil and mining, it's all driven by greed and corporate profit, not demand for green energy.


Wind turbines have become massive and get spaced well apart with an industrial scale road built to each tower, so they take up a huge area. Logically they are built along ridge tops and upper slopes where the wind is, but that also makes them visible from far away. And the view gets ruined just as much at night since they have red warning lights on top, all programmed to blink at the same time. As far as the eye can see: BLINK ....BLINK ....BLINK. Only a few other uses like grazing are compatible so they tend to be built on undeveloped land. Solar farms take up entire fields but at least they can be tucked into valley bottoms or other flat areas out of sight, and work well on land no longer used for agriculture or residential/commercial developments that were planned but failed. So they don't have to impact remote wild lands.


Build enough new farms and a new regional transmission line will be needed. SDG&E gave us a taste of that when they built Sunrise Powerlink a few years ago. They fought to stifle public involvement and be exempted from environmental review. Their proposed routes were so impactful across the county they caused widespread outrage. Option #1 went straight through Anza Borrego State Park. Option #2 through National Forest only drew less outrage because much of it was backcountry that people were unfamiliar with. So that's what we ended up with. It's an eyesore of large scale industrial activity with massive towers and wide access roads that's visible across much of our backcountry and recreation areas, like a giant fuck you to the public. Complete with blinking red lights so you don't forget it's there at night. And since they are guaranteed a 6% return on infrastructure they continually jack up our rates to pay for it. San Diego already had the highest rates in the country.


Solar and wind is the future but that future will be ugly unless we can fight off corporate greed and significantly ramp up installations of solar on homes and buildings. What's more efficient than generating power right where it's used, on existing footprints, and not needing transmission lines?



This is a wind farm near Tehachapi CA. It's an interesting area because there are multiple different generations of turbines close together. The older ones of various sizes are on the top, right side and bottom of the screenshot. The massive new ones are middle left.

[evdog]

Problem or concern with EV is will oil companies still have financial incentive to continue pursuing oil if say 1/2 the demand disappears to EV? So you’ve got heavy industry/aircraft/etc not likely to go EV anytime soon, oil market demand essentially collapses/becomes marginally profitable…how does the world economic dynamic adjust?

When oil prices drop due to less consumption by ICEs it will make plastics and other products produced from oil cheaper. I imagine it will spur development of other types of plastics and possibly allow us to shift away from wood and metals.

Lower prices will make more expensive types of oil extraction like fracking and oil sands development unprofitable which is a good thing.

[nickwm21]

Resource extraction and energy generation is ugly no matter what method is used. Don’t like it - go live in a mud hut in the forest.


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[skiballs]

But, but… will I still have internet to post my sanctimonious rants?


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[Brock Landers]

When oil prices drop due to less consumption by ICEs it will make plastics and other products produced from oil cheaper. I imagine it will spur development of other types of plastics and possibly allow us to shift away from wood and metals.

Lower prices will make more expensive types of oil extraction like fracking and oil sands development unprofitable which is a good thing.

When’s this less consumption thing happening?

[skiballs]

When the van lifers park their rigs at the new mud hut.


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[crashtestdummy]

EV’s are getting a bad name mainly from their batteries. I am optimistic that new technology will eliminate lithium batteries and come up with a safer and more ecologically friendly solution, that also has a much greater storage capacity. It wasn’t that long ago that NiCad’s were the best portable batteries.

[skaredshtles]

EV’s are getting a bad name mainly from their batteries. I am optimistic that new technology will eliminate lithium batteries and come up with a safer and more ecologically friendly solution, that also has a much greater storage capacity. It wasn’t that long ago that NiCad’s were the best portable batteries.

But the new tech will *surely* not be perfect! So we should do nothing...

[NBABUCKS1]

EV’s are getting a bad name mainly from their batteries..

I think ev's get a bad name because the dumbest people are the loudest.


and yes battery tech will progress.

also why the hell did utard fuel prices jump 30 cents this week?

[crashtestdummy]

also why the hell did utard fuel prices jump 30 cents this week?

Prices rose because I had to fill my 36 gallon tank. Utah hates me.

[k2skier112]

If you're still under $4 a gallon, you can't bitch.

[XXX-er]

Are Americans really paying the world price for oil/ gas ?

We hung out with a group of mining promoters in Niseko cuz they had a van for touring but we were car-less and so I asked about lithium mines and buddy said well you only need one mine

[liv2ski]

If you're still under $4 a gallon, you can't bitch.

That is for damn sure.

[byates1]

England just passed a law making it legal to run over just stop oil protesters. About time.

[skiballs]

Just don’t call the protesters a bad name, while running em over, there’s rules and shit.


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[This End Up]

Here is a new one, if you want maximize your gas stations profit don’t sell those low octane grades, just sell the high octane stuff:

[crashtestdummy]

Must be an old photo with 91 octane at 3.49.

[skiballs]

2.89 broadway & Littleton blvd



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[4matic]

Gasoline has cratered since State of California sued the oil companies. Down 25%.

https://www.gov.ca.gov/2023/09/16/pe...nia-v-big-oil/