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re: Oil producers in a ‘dire situation’ and unable to ramp output, says Oxy CEO

Posted on 3/9/22 at 3:19 pm to
Posted by tigergirl10
Member since Jul 2019
10677 posts
Posted on 3/9/22 at 3:19 pm to
quote:

there is a lot of money to be made
More to life than money, buddy. All your money won’t matter when you’re dead.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
89766 posts
Posted on 3/9/22 at 3:35 pm to
quote:

Yeah dealing with drought and wildfires. Again, perfect storm against EVs.


is that no longer a factor in California?

quote:

In addition to leading in solar and EV adoption, California also leads in workplace charging stations. So they probably need to charge at home less often than in other states.


yeah probably, but not definitely

so let's have the Transportation Sec endorse a rush to the EV sector as a surefire alternative to Combustion engines because nothing bad will probably happen right?

quote:

You have so much trouble understanding it that you don't even know you have trouble with it. This is common in cases of a complete and total lack of understanding.


I have watched you for years on here and I will say that I think you are the perfect target for a propaganda campaign. Once you feel like your level of perfect information is perfectly acceptable to you and validated, your ego will have you spend all day on a message board hammering THEIR messaging over and over relentlessly.

Did you happen to notice I never actually stated an opinion? I never actually took a side on this topic at all.

But what I did point out is this has potential unintended consequences and challenges that your perfect information may not agree with. The concern is real enough from CA decision makers that they cooperated with Newsweek to publish an article to softly sound the alarm that spelled out their powergrid concerns, without negatively affecting the Green and EV initiative.

But according to your perfect information, this is all over blown and not a real concern?

do you understand how real a problem has to be for these bureaucrats to say anything challenging about these initiatives? Yet they were QUOTED in the article

quote:

Patty Monahan, the lead commissioner on transportation at the California Energy Commission, told Newsweek last month that the times of day Californians choose to charge their electric vehicles will be important in keeping the power grid balanced as reliance on electric vehicles grows.


quote:

"Charging behaviors matter when it comes to California grid goals," Monahan said.

She said that energy prices will also be key to helping those new charging behaviors stick.

"By incentivizing, primarily through rates, charging behaviors that capitalize on when renewable energy is being generated—we basically have a win for the grid, and we have a win for the drivers in terms of reduced rates," Monahan said.

"Rates are a climate strategy, and California plans on using rates to help drive the charging behaviors that are going to help the state electrify transportation while cutting carbon from the grid and saving ratepayers and drivers money."


so at a time when they are planning a massive expenditure for EV support and charging stations, they are also planning to adjust rates to take LESS revenue in to incentivize people to change their behavior.

Probably means nothing though, right?
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
89766 posts
Posted on 3/9/22 at 3:45 pm to
quote:

Wonder if it was a 99 year lease. .


the well we were on is 22% H2S

I asked why produce this old, shite well? The Company man said they have a lease that he called a "Universal Lease"

basically they have the mineral rights in perpetuity from the surface to the Earth's core as long as they continue to produce. Stop producing and the lease expires and goes back to the land owner. The Oil Company is hoping technology comes around to re-drill and complete even deeper than they are now. However the well gains 1% H2S every year and is well on its way to becoming too sour to produce any more.

It was pretty fascinating
Posted by Korkstand
Member since Nov 2003
29044 posts
Posted on 3/9/22 at 4:27 pm to
quote:

is that no longer a factor in California?
Sure it is. My question is why are you so focused on california? My original point is that the grid concerns are way overblown, and if your only counter-example is the perfect storm that is california then you're proving my point.
quote:

I have watched you for years on here and I will say that I think you are the perfect target for a propaganda campaign.
quote:

Once you feel like your level of perfect information is perfectly acceptable to you and validated, your ego will have you spend all day on a message board hammering THEIR messaging over and over relentlessly.
What messaging am I hammering here? I oppose the misinformation about grid concerns and upgrades. I argue against that messaging, because it is very much overblown.
quote:

But what I did point out is this has potential unintended consequences and challenges that your perfect information may not agree with.
I have never and will never claim to have perfect information. What I do have is a decent grasp on the way things work. And where did I ever say there are no and will be no challenges? There are challenges in everything.
quote:

The concern is real enough from CA decision makers that they cooperated with Newsweek to publish an article to softly sound the alarm that spelled out their powergrid concerns, without negatively affecting the Green and EV initiative.
So it was done "softly" so as not to hamper the initiative, not because a gentle push is all that's necessary at this time? Do you see how you are creating a narrative in your head?
quote:

do you understand how real a problem has to be for these bureaucrats to say anything challenging about these initiatives? Yet they were QUOTED in the article
Again, you have seemingly created this whole story about EV initiatives that no one would dare say a negative thing unless the situation was dire.
quote:

so at a time when they are planning a massive expenditure for EV support and charging stations, they are also planning to adjust rates to take LESS revenue in to incentivize people to change their behavior.

Probably means nothing though, right?
Yes, you realize that time-of-use billing is a thing all around the country, right? Power companies have long offered discounted rates to encourage consumption during off-peak hours to ease the burden during the peaks. This is extremely common.
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