posted ago by TrumpOrTreason
+243 / -0
I grew up in the 70’s and our family made insulation of houses. Insulation was one of the first ‘green’ energy businesses.
Demand spiked because of the oil shock and prices for oil skyrocketing.
With oil dropping like a rock, green energy will NOT survive. All these companies, investors and media stars can’t compete in a market place where gasoline is cheaper than water.
Now if we can just get smokes back down to $1.10 a pack and bring back rock bands I'll be g2g.
😂
This please!
Forget concerts for a while, Pede.
It's ok, they need to bring back rock music first anyway. I ain't going to an Imagine Dragons concert.
Oh HELL no. There are very few bands I would even bother to see live at this point. I haven't heard a band in the last 15 years that I would go across the street to see.
>inb4 someone suggests the same list of recycled cookie-cutter crap, that's exactly what I'm trying to avoid (along with anything resembling country music, blues, or hip-hop.)
2010s+ have produced some pretty interesting sounds though. They're just not very well-known. Rock and metal are the most diverse genres still, you can find pretty much any sound combinations in a band these days, but the good music doesn't make the Billboard top garbage lists and is hard to find. I saw these guys live on vacation in Germany a few years back and that was really fun
Haha!
Problem is, is that it makes it very difficult for American oil to compete.
Everything is shutdown. No one needs oil. As long as we head in this direction, everything goes tits up regardless.
No country can compete at that price. When demand comes back the price will go back to being profitable.
Yeah, this is not helpful to America right now. $30/barrel is profitable, and if it stays at this level, a lot of domestic oil producers will go bankrupt. Shale oil is expensive and we need to keep up production and sales to stay in business. Since no one is buying oil, the government is going to have to prop up domestic oil production until at least national demand increases. Hopefully we can last because Saudi and Russia probably can last longer than us.
We are a net energy exporter last I looked. The drop below thirty probably shut down the frakers but conventional extraction will quickly become profitable again. The Saudis and Russians can't keep the race to zero going for long.
Hell, a barrel (42 gallons) of oil is cheaper than a pint (0.125 gal) of Pelosi’s ice cream!
Almost as cheap as a quart at QT
Watched the meltdown overnight and again this morning - and offer this observation: If you look at the oil futures market (not "spot" or "prompt" quotes) you will see that those $10-ish prices are being posted for May delivery as well... but June contracts are pricing $20-ish, July high-$20's then August low $30's. All this really reflects is that physical inventory right now is "overflowing" (e a great time to over-stuff the SPR). It's not that $30 is a good place to be - but it at least indicates some recovery is anticipated in the markets. IMHO the market needs to be low-$50's for our US oil industry to at least hang on without massive job losses, etc.
If we just open the country up to business we can immediately save our energy jobs.
This is insanity. We are destroying our economy.
agree 110% - almost like it's all part of someone's nefarious "plan", doesn't it?
member Peak Oil? Pepe Farms members
Remember Hussein the Wonder Muslim™ saying we couldn't drill our way to energy independence?
If if if if if if okey doke
Looking out to 2050 (it's hard to look any farther than that) both "green" energy and fossil fuel usage will continue to grow. Renewables will get a larger slice of the pie, but the pie itself is going to get a lot bigger along with the population. The only thing that interrupts this trend is a reversal of population growth.
You're a moron.
Which is why most of these "green energy" programs make their money off the backs of US taxpayers.
Elon Musk’s secret? Taxpayer money, L.A. Times says
How five members of Joe Biden’s family got rich through his connections
I dont like green energy but I like better batteries and electric powerd things.. Gotta new cordless weedwacker and it's pretty amazing. At this point the Global warming bullshit is besides the point the Tech is in the development pipeline and Electric Motors and Batteris are getting better much faster than internal combustion.
The Global warming scam is going to collapse but performance is performance and Electric is often just better.
We're about to see gas under a dollar aren't we?
Because of draconian tax laws shithole commy states like NY will soon be charging more in tax than the gas costs
And they still won't fix the roads.
Already saw that almost a month back where I live - in the midwest.
Already is.
Depends on what state you’re in.
There’s the distilling costs to cover, distribution costs, and, in many states, a lot of taxes.
I just gassed up at Costco in Minneapolis. $1.24.9 per gallon. Which included 46.9 cents/gallon federal and state taxes. So that the gas ITSELF was 0.78 cents/gallon...and that was before the price drop.
Cheaper than bottled water, way cheaper than milk.