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    • USA-1
      Random Thoughts Thread

      By USA-1 · Posted

      Sounds about right. Sweet Crude hit a hard negative value earlier this quarter for the first time ever. Crazy times we are living in for sure. The CCP will pay big time and already are. 
    • USA-1
      Random Thoughts Thread

      By USA-1 · Posted

      Someone needs to keep you big kids on here in check that's for sure. Running amok!! 😜
    • dfelt
      Random Thoughts Thread

      By dfelt · Posted

      In 2019 the largest investment in oil refinery was finally allowing gas production to catch up to consumer consumption, then the Pandemic hit and Covid-19 brought people moving about to a halt. With that change and especially here in the US with everyone under shelter in place orders for the last 10 weeks, Electricity has become the biggest cost to a persons budget for the first time ever over oil / gas according to the latest reports from IEA (International Energy Agency) https://www.greencarreports.com/news/1128365_energy-investment-to-drop-20-in-2020-a-turning-point-toward-greening-the-grid Oil amounted to 50% of consumer spending on energy and electricity was 38%. World Wide oil consumption is expected to drop by over $1 Trillion dollars due to the pandemic. Due to a huge consumer change in taste to trucks and SUV's/CUV's auto efficiency took a significant hit in 2019.  Lots of interesting details in this IEA report story. https://www.iea.org/reports/global-energy-review-2020 To quote the story: Global energy demand declined by 3.8% in the first quarter of 2020, with most of the impact felt in March as confinement measures were enforced in Europe, North America and elsewhere. Global coal demand was hit the hardest, falling by almost 8% compared with the first quarter of 2019. Three reasons converged to explain this drop. China – a coal-based economy – was the country the hardest hit by Covid‑19 in the first quarter; cheap gas and continued growth in renewables elsewhere challenged coal; and mild weather also capped coal use. Oil demand was also hit strongly, down nearly 5% in the first quarter, mostly by curtailment in mobility and aviation, which account for nearly 60% of global oil demand. By the end of March, global road transport activity was almost 50% below the 2019 average and aviation 60% below. The impact of the pandemic on gas demand was more moderate, at around 2%, as gas-based economies were not strongly affected in the first quarter of 2020. Renewables were the only source that posted a growth in demand, driven by larger installed capacity and priority dispatch. Electricity demand has been significantly reduced as a result of lockdown measures, with knock-on effects on the power mix. Electricity demand has been depressed by 20% or more during periods of full lockdown in several countries, as upticks for residential demand are far outweighed by reductions in commercial and industrial operations. For weeks, the shape of demand resembled that of a prolonged Sunday. Demand reductions have lifted the share of renewables in the electricity supply, as their output is largely unaffected by demand. Demand fell for all other sources of electricity, including coal, gas and nuclear power. All fuels will be affected: Oil demand could drop by 9%, or 9 mb/d on average across the year, returning oil consumption to 2012 levels. Coal demand could decline by 8%, in large part because electricity demand will be nearly 5% lower over the course of the year. The recovery of coal demand for industry and electricity generation in China could offset larger declines elsewhere. Gas demand could fall much further across the full year than in the first quarter, with reduced demand in power and industry applications. Nuclear power demand would also fall in response to lower electricity demand. Renewables demand is expected to increase because of low operating costs and preferential access to many power systems. Recent growth in capacity, some new projects coming online in 2020, would also boost output.
    • dfelt
      Alternative Fuels & Propulsion RANDOM

      By dfelt · Posted

      GM supposedly is going after the Commercial delivery fleet of the world. Production and availability is expected by the end of 2021 for Electric Delivery van. Sounds like this is an answer to Rivian and their 100,000 EV van contract with Amazon. https://www.greencarreports.com/news/1128390_report-gm-electric-van-for-fleets-due-as-early-as-2021 Chinese EV auto company NIO has proven what Tesla originally proposed and then failed to deliver that Battery swapping is faster and makes customers happier than sitting and charging. According to NIO and their country wide battery swapping sites, NIO had their 500,000 battery swap. Not that people do not also recharge their NIO, but when on the road, a 90 second battery swap and off for another 300 miles is faster than any Gas fueling ICE auto can do. https://www.greencarreports.com/news/1128364_hey-tesla-china-s-nio-has-completed-500-000-battery-swaps
    • dfelt
      Random Thoughts Thread

      By dfelt · Posted

      I did get a response from @Drew Dowdell He has been dealing with other stuff but he says we will see him around more as he does some maintenance and other stuff. I also have to think as he did loose his job that job hunting right now is hard. Over all, am looking forward to seeing him around in the near future.   Saw this on YouTube and I have to say I agree with the guys laughing at this turd. I see so many Subaru STI / WRX do this and they deserve to get nailed.  

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