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Started By
Message
re: Shell Prepares for 'Lower Forever' Oil Prices
Posted on 7/27/17 at 2:20 pm to HurricaneDunc
Posted on 7/27/17 at 2:20 pm to HurricaneDunc
quote:
I'd say the same thing if I were investing a billion dollars a year in wind farms and renewables
I imagine their interest in renewables pales greatly in comparison to petroleum.
0
Posted on 7/27/17 at 2:24 pm to Breesus
quote:
They could work on alternative fuel sources and hire people there. And then corner that market.
If they made an f350 that rolled on actual coal id buy it
Posted on 7/27/17 at 2:25 pm to TDFreak
quote:
The hubris of these executives to declare things have changed permanently. Sounds eerily familiar to the dot com stock bubble in 1999-2000.
Commodity supply and demand are a bit easier to predict and its harder to predict new finds. We know for a fact what we have and what we can produce. Demand is a little bit trickier, unless
A) A war breaks out
B) The US creates a government regulated amount of oil production(can't see that happening)
There just isn't some magic bullet for liquids demand. There is more uncertainty on how low prices will go more than how high it will go.
Also this doesn't pertain to NG, which demand will be growing rapidly with numerous LNG export terminals opening up.
This post was edited on 7/27/17 at 2:27 pm
Posted on 7/27/17 at 2:26 pm to saintsfan1977
quote:
Enjoy it while it lasts. Automated cars will be the future.
If I can still get a DWI then I have no use for one
Posted on 7/27/17 at 2:29 pm to OweO
It just means they got caught off guard by how low prices got and for how long. Next time they will be able to handle much lower prices.
Posted on 7/27/17 at 2:30 pm to jdeval1
quote:
If I can still get a DWI
Will be impossible. Sit in the passenger seat and drink up. They will have to find something else to make revenue off of and they will.
Posted on 7/27/17 at 2:36 pm to saintsfan1977
quote:
Sit in the passenger seat and drink up. They will have to find something else to make revenue off of and they will.
A robot cop is gonna pull your automated car over and give you an open container ticket
Posted on 7/27/17 at 2:41 pm to Solo
quote:Got any suggestions on energy ETFs?
It's officially time to buy Energy stocks.
Posted on 7/27/17 at 2:41 pm to MontyFranklyn
Muffin [moist] dry
Posted on 7/27/17 at 2:42 pm to Loungefly85
quote:
For all those proponents of the fallacy that the government should be "investing" in renewable energy, this right here is where it will actually come from.
With a constant low price of oil, Shell and other oil companies will lead a privatized effort into renewable energy and find a way to make it work and make it profitable.
You make it sound as if we already have the answers and we are just deciding not to use this technology hidden away because the "evil oil companies" want to make profits.
Just because they invest money into it doesn't mean they're going to come up with anything significant.
Posted on 7/27/17 at 2:44 pm to saintsfan1977
quote:
Enjoy it while it lasts. Automated cars will be the future.
Yeah, maybe in 50 years. How many self-driving cars do you see on the road today?
Posted on 7/27/17 at 2:45 pm to tiggerthetooth
quote:
Yeah, maybe in 50 years. How many self-driving cars do you see on the road today?
In California and Oregon there are a few.
Posted on 7/27/17 at 2:47 pm to Breesus
It is a myth that there are alternative sources of energy. There are ADDITIONAL sources, but NO alternatives.
Soundbite phrase that is tired and worn out.
Soundbite phrase that is tired and worn out.
Posted on 7/27/17 at 2:49 pm to Major Dutch Schaefer
This is good news for consumers who were gouged for years by artificially high oil prices.
Posted on 7/27/17 at 2:55 pm to bigwheel
Bigwheel,
Top fuel dragster?.
If you get the right transmission, you can rocket off the line on up to interstate speed.
Tesla S did 0 to 60 in 2.28.
Top fuel dragster?.
If you get the right transmission, you can rocket off the line on up to interstate speed.
Tesla S did 0 to 60 in 2.28.
This post was edited on 7/27/17 at 2:56 pm
Posted on 7/27/17 at 2:58 pm to Major Dutch Schaefer
What will all the trade baws do?
Posted on 7/27/17 at 3:05 pm to mikelbr
quote:
In California and Oregon there are a few
Well, sounds like we're just DRENCHED in the movement.
I would love to see how the self driving cars work in non- ideal weather conditions.
Posted on 7/27/17 at 3:06 pm to Sun God
quote:
Like these companies are gonna say "Well gents we had a good run, time to turn out the lights"
Says Sears, JC Penny, Kmart, Blockbuster, AOL, Myspace
Posted on 7/27/17 at 3:07 pm to Major Dutch Schaefer
Hell yeh. Maybe I can buy some sweet truck nuts off some oil baws.
Posted on 7/27/17 at 3:10 pm to Kajungee
Lol @ comparing major energy companies to those.
Try Walmart, Microsoft, Apple, etc.
Try Walmart, Microsoft, Apple, etc.
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