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Started By
Message
Oil baws, is O&G dead?
Posted on 11/13/17 at 9:22 am
Posted on 11/13/17 at 9:22 am
With its largest consumption: transportation, moving towards electric, is the O&G dollars gone? I see chevron laying people off left and right and wondering if this is the end to the hard working baws in the gulf coast and the start of a migration towards the west and east coasts.
46
Posted on 11/13/17 at 9:23 am to fareplay
ib4played our truck nut jokes
Posted on 11/13/17 at 9:25 am to fareplay
Posted on 11/13/17 at 9:26 am to fareplay
About half of oil used in transportation is from 18 wheelers which aren't going anywhere anytime soon. My truck nuts would look funny on a tesla anyway. No thanks
Posted on 11/13/17 at 9:26 am to fareplay
Yep, nobody is ever going to need oil and gas related products ever again. Industry is dead.
Posted on 11/13/17 at 9:26 am to fareplay
yeah, there are so many electric vehicles that the O/G industry is dead 
Posted on 11/13/17 at 9:27 am to jdeval1
Not only tesla, Volvo said full electric by 2030 and gm said will develop electric versions for all models.
Time is changing baw.
Time is changing baw.
Posted on 11/13/17 at 9:27 am to fareplay
Just keep their PM's out of my God Damn industry. No need to saturate the construction market with laid off PMs.
Posted on 11/13/17 at 9:28 am to jdeval1
quote:
transportation is from 18 wheelers
I wish railway infrastructure could handle more of that.
Posted on 11/13/17 at 9:28 am to fareplay
Yes and no. The huge profits with oil markets shifts are gone. Electric will eventually take over, but there will always be a need.
Posted on 11/13/17 at 9:28 am to fareplay
It will be in the next 20-30 years for sure. Of course it will be used in a lot of products, and NG will still be a primary energy source, so it won't go away, but demand for Oil for gasoline engines will steadily decrease to the point where Lousiana's economy in its current form will be obsolete.
Posted on 11/13/17 at 9:30 am to fareplay
quote:
Not only tesla, Volvo said full electric by 2030
Won't happen by then.
Posted on 11/13/17 at 9:32 am to lsuhunt555
How you going to generate the power to charge all these electric cars?
Unicorn farts?
Unicorn farts?
Posted on 11/13/17 at 9:32 am to fareplay
quote:
moving towards electric
Electric is in a holding pattern. The battery tech has not caught up to the car design.
Posted on 11/13/17 at 9:33 am to bamaphan13
Natural gas and hydro? That’s where most electricity comes from for us.
Posted on 11/13/17 at 9:33 am to fareplay
When you're ready to get rid of..
You can tell me if it's dead.
quote:
Solvents Diesel fuel Motor Oil Bearing Grease Ink Floor Wax Ballpoint Pens Football Cleats Upholstery Sweaters (that explains the itchy sweater I have at home) Boats Insecticides Bicycle Tires Sports Car Bodies Nail Polish Fishing lures Dresses Tires Golf Bags Perfumes Cassettes Dishwasher parts Tool Boxes Shoe Polish Motorcycle Helmet Caulking Petroleum Jelly Transparent Tape CD Player (do people still have these?) Faucet Washers Antiseptics Clothesline Curtains Food Preservatives Basketballs Soap (that explains why soap doesn’t clean oil off your hands) Vitamin Capsules Antihistamines Purses Shoes Dashboards Cortisone Deodorant Footballs Putty Dyes Panty Hose Refrigerant Percolators Life Jackets Rubbing Alcohol Linings Skis TV Cabinets Shag Rugs Electrician’s Tape Tool Racks Car Battery Cases Epoxy Paint Mops Slacks Insect Repellent Oil Filters Umbrellas Yarn Fertilizers Hair Coloring Roofing Toilet Seats Fishing Rods Lipstick Denture Adhesive Linoleum Ice Cube Trays Synthetic Rubber Speakers Plastic Wood Electric Blankets Glycerin Tennis Rackets Rubber Cement Fishing Boots Dice Nylon Rope Candles Trash Bags House Paint Water Pipes Hand Lotion Roller Skates Surf Boards Shampoo Wheels Paint Rollers Shower Curtains Guitar Strings Luggage Aspirin Safety Glasses Antifreeze Football Helmets Awnings Eyeglasses (I thought they were made from glass) Clothes Toothbrushes Ice Chests Footballs Combs CD’s & DVD’s Paint Brushes Detergents Vaporizers Balloons Sun Glasses Tents Heart Valves Crayons Parachutes Telephones Enamel Pillows Dishes Cameras Anesthetics Artificial Turf Artificial limbs Bandages Dentures Model Cars Folding Doors Hair Curlers Cold cream Movie film Soft Contact lenses Drinking Cups Fan Belts Car Enamel Shaving Cream Ammonia Refrigerators Golf Balls Toothpaste (Yuck) Gasoline
You can tell me if it's dead.
Posted on 11/13/17 at 9:33 am to fareplay
Call me when we stop making plastics
Then its dead
Then its dead
Posted on 11/13/17 at 9:34 am to fareplay
quote:
With its largest consumption: transportation, moving towards electric, is the O&G dollars gone? I see chevron laying people off left and right and wondering if this is the end to the hard working baws in the gulf coast and the start of a migration towards the west and east coasts.
lol no, the earth will remain powered by hydrocarbons for the rest of my lifetime but the era of high prices may be in a coma for the next decade.
Upgading our grid capacity alone to charge all the cars would take over a decade if we started today not even to mention the the largest single fuel that is converted to elecricity is.............Natural Gas, and its share is expanding rapidly.
Posted on 11/13/17 at 9:35 am to lsuhunt555
quote:
Won't happen by then.
I think it's coming a lot faster than people expect. 2030 wouldn't surprise me
Posted on 11/13/17 at 9:38 am to Nado Jenkins83
quote:
Call me when we stop making plastics
Then its dead
90% of O&G consumption is used for transportation. It won't be dead, but cut back drastically.
This post was edited on 11/13/17 at 9:39 am
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