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re: Oil price has crashed

Posted on 3/9/20 at 11:06 am to
Posted by Nigel Farage
South of the Mason-Dixon
Member since Dec 2019
1242 posts
Posted on 3/9/20 at 11:06 am to
One of the many benefits to renewable energy sources, the less foreigners who have our country by the balls through energy the better it is for us as a whole.
Posted by Oilfieldbiology
Member since Nov 2016
42767 posts
Posted on 3/9/20 at 11:10 am to
Where are the metals used to make solar cells mined?
Posted by Odysseus32
Member since Dec 2009
10221 posts
Posted on 3/9/20 at 11:11 am to
quote:

Fuel hasn’t exactly been expensive for 5 years.


Right? Fuel is regularly less than $3 a gallon. That's about in line with inflation. If you need a few gallons of gas and can't afford it, your best bet is to sell your vehicle and hop on a bicycle.
Posted by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 3/9/20 at 11:12 am to
Ya I'm baffled why the country cant decide to move towards nuclear more
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 3/9/20 at 11:17 am to
quote:


Oil price has crashed


Posted by lsugradman
Member since Sep 2003
9014 posts
Posted on 3/9/20 at 11:18 am to
You do realize that there isn't anywhere near enough energy available within the US from renewable sources to meet the energy demands of our country? Maybe 1/4 at best. We would destroy our economy and financial security if we tried to completely switch over to renewables because the vast majority of these sources need substantial govt funding to be viable. Also not sure if you have heard but the US is as energy independent now as it has ever been thanks to private investment and innovation in domestic O&G.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6206 posts
Posted on 3/9/20 at 12:26 pm to
Do you not consider the subsidies the oil industry receives as government funding?
Posted by Tdogg78
Member since Aug 2018
247 posts
Posted on 3/9/20 at 12:36 pm to
Our raw materials cost just went down.


Business is looking great.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66568 posts
Posted on 3/9/20 at 12:48 pm to
90% come from canada and china
Posted by Oilfieldbiology
Member since Nov 2016
42767 posts
Posted on 3/9/20 at 1:00 pm to
Oil companies get tax deferments/reductions/eliminations.

Renewables get grants/loans/checks
Posted by Oilfieldbiology
Member since Nov 2016
42767 posts
Posted on 3/9/20 at 1:00 pm to
What business are you in?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79863 posts
Posted on 3/9/20 at 1:05 pm to
quote:

the less foreigners who have our country by the balls through energy the better it is for us as a whole.


Unless you count the equipment needed for the infrastructure
Posted by lsufan1971
Zachary
Member since Nov 2003
24395 posts
Posted on 3/9/20 at 1:09 pm to
quote:

One of the many benefits to renewable energy sources, the less foreigners who have our country by the balls through energy the better it is for us as a whole.


How many acres of wind farms does it take to replace a 900MW nuclear plant?
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66568 posts
Posted on 3/9/20 at 1:16 pm to
How many birds does one turbine kill a year?
Posted by Nigel Farage
South of the Mason-Dixon
Member since Dec 2019
1242 posts
Posted on 3/9/20 at 1:48 pm to
Didnt realize solar energy was the only option for renewable energy
This post was edited on 3/9/20 at 1:49 pm
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66568 posts
Posted on 3/9/20 at 1:57 pm to
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64693 posts
Posted on 3/9/20 at 2:01 pm to
quote:

One of the many benefits to renewable energy sources, the less foreigners who have our country by the balls through energy the better it is for us as a whole.


We are energy independent bud and well on our way to even greater efficiency with the shale revolution.


Also, there aren't many renewable energy technologies that could cover the entire us. Only works in certain areas during certain seasons.
Posted by Penrod
Member since Jan 2011
57524 posts
Posted on 3/9/20 at 4:53 pm to
quote:

Thanks Obama

Neither Trump nor Obama have diddly-shite to do with the oil market.

Technological innovation has brought millions of barrels per day to the market. This has created a supply glut. Simple as that.
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