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I’ve heard that to use windmills to supply electricity to New York City, they would have to clear off the rest of the state for windmills.
I’m straight. You’ll have to find someone else.
End of June we had some gnarly wind here in SD. Some wind towers didn’t fare so well.
https://www.google.com/search?q=highmore+sd+wind+tower+damagw&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari
The Shop
Luxon 4-Post Bar Mounts
$189.95 - $239.95
DeCal Works Huge Plastic Inventory of UFO and Polisport kits.
Your hard drive indicates otherwise.
But if the lgbt people offend you, which they reeeaaally seem to, does that make you a pussy also?
I wish more folks would take a minute to test things out to see how they work in other directions...
Fusion + superconductors = problem solved. C’mon, AI! Do your job and figure that shit out!
The reason the oil companies are making record profits is simple, if you take time to educate yourself. That reason is speculators in the futures markets. Back in the 1980's, the oil producers determined the price of oil based on physical deliveries. Supply and demand. Then came futures trading and speculators to bid up the price of a barrel of oil based upon supply and demand, while factoring in all the external risk factors.
Currently, around 3% or oil futures contract trading results in physical deliveries. Effectively it's Wall Street fucking main street.
I wasnt able to find anything agreeing with that as a/the reason why oil companies are reporting record profits. Got a link? I dont care where it's from, just anything I can use as a spring board.
The reason that oil companies are making record profits (if they are) is because Trump started a war and the price of oil is up 40%. People quickly forget that oil was selling for less than a dollar 5 years ago. Speculators were not able to shit about that. Gas was under a dollar is some places.
The couple of replies after this got deleted, but this reminded me of the topic.
https://www.ecoportal.net/en/in-massachusetts-solar-farm-was-raised/30599/
And the price of oil is up 40% because speculators bid it up there due to increased geopolitical risk (due to the ware you mentioned). My point was the people vilifying the oil companies for their record profits don't understand that the oil company isn't saying "This barrel of oil costs X". The market sets the price, not the producer.
Copy and paste this into Google search "oil trading for delivery versus speculation historical volume". There are numerous documents outlining how spec trading is done, and how it affects pricing.
When you say "affects pricing", are you talking about stock/futures related pricing? I'm talking about record profits, as in margins. Markets are mostly emotional these days. There is no predictable 1:1 connection between margins and market pricing. Tesla stock would never be worth as much as it is if stock pricing were anywhere near related to the position of the company relative to the other leaders. Their stock is 80% emotional, 20% merit. The market doesn't set the price in any sort of pure sense like you're suggesting because, while they may not have direct throttling control of pricing, they have direct throttling control of pricing through volume and lobbying (special military operations).
What you don't seem to grasp is that the market trades in oil futures set the pricing for a barrel of oil. The costs to produce it are relatively inelastic. Given that the cost to produce is relatively stable, when oil contracts are bid up, the margins increase. By the same token, when the contracts are down, producer margins shrink.
A share of stock in a company represents an ownership stake. It exists as long as the company does. A commodity futures contract is a contract to buy or sell that commodity. At the maturity date of a futures contract, you either take physical delivery of the commodity, or you're obligated to deliver that commodity. You're comparing apples to cornflakes.
I'd agree more if production volume wasn't a direct control of pricing and if these companies existed in isolation of govt.
Pit Row
Where were these speculators when the price was under a dollar?
I understand that oil is traded worldwide and that there are speculators that never take delivery but they take it in the ass too. It's a little too simplistic to say that , but for the speculators, oil would be cheap. Besides, nobody is really talking about completely changing the way oil is traded. A better way is not start stupid wars in the middle east.
But back to the topic: renewable energy is a bullshit, unscientific term used by people who want to sell their form of energy consumption by making it sound virtuous. No such thing as renewable energy. It is simply energy.
At the barbershop taking a haircut is where they were.
Oil wouldn't be cheap without speculators, I'm sure. The price wouldn't be as volatile though, and when the prices get bid up because of stupid crap like new wars in critical areas, the oil companies make insane profits. People act like the oil companies are evil and they point to their profits to prove it. The point I was making was that oil companies do not set the sale price of their product. Hence they do not entirely control their profit margins.
Most people who point to the profits the oil companies make as proof of them being evil or guilty of gouging have no idea how commodity pricing works.
Post a reply to: Renewable energy Myth