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Posted on 5/6/22 at 9:49 pm to OweO
quote:
I know I am stupid and I have no idea what I am talking about
Yes. You have no idea.
Prices aren't high just so they can make their money back.
Posted on 5/6/22 at 9:50 pm to BK Lounge
Made some jack on TSLA too, bought in at ~ $360 and sold this year at $1100.
I got no problem with Teslas, not for me due to the high cost and limited range, but if that’s your thing more power to you. It’s like owning a Porsche or Benz, they’re really cool and neat and if you can afford one have at it. They accelerate like a mother tucker with all that torque, feels like a roller coaster. We drive an F-250 and a Camry. Just don’t hand me any bullshite about you saving the world by driving one. Climate change is a scam.
My point is that anyone thinking that O&G is on its last leg is kidding themselves. O&G will still be king for at least the next 50 years.
I got no problem with Teslas, not for me due to the high cost and limited range, but if that’s your thing more power to you. It’s like owning a Porsche or Benz, they’re really cool and neat and if you can afford one have at it. They accelerate like a mother tucker with all that torque, feels like a roller coaster. We drive an F-250 and a Camry. Just don’t hand me any bullshite about you saving the world by driving one. Climate change is a scam.
My point is that anyone thinking that O&G is on its last leg is kidding themselves. O&G will still be king for at least the next 50 years.
This post was edited on 5/6/22 at 9:52 pm
Posted on 5/6/22 at 9:50 pm to BK Lounge
quote:
Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis.
You can’t be serious with this. 8% of that number is actual subsidies.
Then some are “tax breaks” which every company in America gets. With the “ much larger degree” of the remaining 92% being “health and environmental consequences that weren’t factored into the cost of fossil fuels.”
Give me a break. The article on its face admits that the vast majority of that is some made up number by Yale that alleges heath and environmental consequences that it thinks oil and gas companies are responsible for, and because they didn’t pay for them that’s a “subsidy.”
Posted on 5/6/22 at 9:56 pm to RTRinTampa
Valero is kickin arse too! Russian oil = big profits. Oil sanctions my arse!!!
Posted on 5/6/22 at 9:57 pm to LSUFAITHFUL
BK, Look at explicit and implicit subsidies of banks, farming, pharma.
Literally this means we are subsidizing you if you get tax breaks (like the standard exemption or itemized exemptions). By this definition we are subsidizing you.
Literally this means we are subsidizing you if you get tax breaks (like the standard exemption or itemized exemptions). By this definition we are subsidizing you.
This post was edited on 5/6/22 at 9:59 pm
Posted on 5/6/22 at 10:01 pm to LSUFAITHFUL
quote:
Give me a break. The article on its face admits that the vast majority of that is some made up number by Yale that alleges heath and environmental consequences that it thinks oil and gas companies are responsible for, and because they didn’t pay for them that’s a “subsidy.”
You musta missed the part where I explicitly said I JUST POSTED THE FIRST LINK THAT CAME UP…. Feel free to do ur own research .
Posted on 5/6/22 at 10:03 pm to BK Lounge
quote:
You musta missed the part where I explicitly said I JUST POSTED THE FIRST LINK THAT CAME UP…. Feel free to do ur own research .
I actually expect you to read and comprehend what you post as support for something you are arguing,
All you proved with that link is that we are subsidizing YOU, if you file any exemptions on your taxes. LOL
Posted on 5/6/22 at 10:05 pm to BK Lounge
quote:
Elon
Thread had nothing to do with him, yet you still had to comment on the guy who occupies a lot of space in your head for free.
Posted on 5/6/22 at 10:11 pm to shawnlsu
quote:
Thread had nothing to do with him, yet you still had to comment on the guy who occupies a lot of space in your head for free.
Correct , Elon does occupy a TON of space in my head for free becuase i own a lot of TSLA stock from half a dozen years ago.. it’s done tremendously well for me so far, but his antics lately have me wondering if he is going to sabotage the whole damn thing… So, i am guilty as charged .
Posted on 5/6/22 at 10:12 pm to oldskule
quote:
They have a finite life left in business.
So does Lithium used in EVs. And it's less than oil.
Shell having record profits is a great thing. I saw the headline and thought great they can continue creating jobs and paying people decent wages.
If the was a gotcha attempt I don't get it. Maybe to someone who has been brainwashed it's a gotcha idk.
Posted on 5/6/22 at 10:21 pm to BK Lounge
TSLA is on the wane, they hit the high mark a little while ago at $1400 and now are down to $850. A lot of competition coming now with other companies getting into the EV game.
Too bad SpaceX isn’t public that would be a hell of an investment.
EVs in general will be a niche for the next couple of decades despite the govt subsidies trying hard propping them up and all the virtue signaling customers.
The electric grid can’t handle any massive scaling without going nuclear and lithium supply chain issues and mining damaging the earth are limiting factors.
Eventually I think hydrogen has more potential whenever they get serious about scaling O&G alternatives.
Too bad SpaceX isn’t public that would be a hell of an investment.
EVs in general will be a niche for the next couple of decades despite the govt subsidies trying hard propping them up and all the virtue signaling customers.
The electric grid can’t handle any massive scaling without going nuclear and lithium supply chain issues and mining damaging the earth are limiting factors.
Eventually I think hydrogen has more potential whenever they get serious about scaling O&G alternatives.
This post was edited on 5/6/22 at 10:23 pm
Posted on 5/6/22 at 11:26 pm to BK Lounge
quote:Saw two new ones in Ruston Tuesday and wondered if people bought them because of the Twitter announcement. Neither was on I-20. A black one was parked next to me when I came out of Walmart. When I got off of I-20 to go north on Cooktown, a white one was coming from LaTech.
And yet baws on here still freak out every time they see a Tesla on the road… oh wait, i forgot- they are all Elon fanboi’s now……..
Been back over here since 2011 and haven't ever seen one that wasn't driving on I-20
Posted on 5/6/22 at 11:33 pm to BK Lounge
No they are subsidizing Elons life. Ice Cream Joe has destroyed the capital inflow for oil and gas companies. We should thank him for making us (US O&G) more important than ever before.
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