|
|
Post by nonentropic on May 1, 2022 22:31:12 GMT
Yes Doug that's correct. I have worked in the Oil and Gas industry for a few decades and when people say "you work in evil industry" I just say if people don't buy it we promise not to produce it.
I now add, as I become a little curmudgeonly, if you fly in a plane or drive in a fuel consuming vehicle you are stupid or a lair if you think AGW as a seriously issue.
Going to petroleum conference in Australia in two weeks by the looks it will be a very upbeat event. A lot of see no evil in polies. They love the money ha.
|
|
|
|
Post by ratty on May 1, 2022 23:13:46 GMT
Is that Mr Ed?  [ Snip ] Not sure; there was no audio .... |
|
|
|
Post by blustnmtn on May 23, 2022 23:00:38 GMT
|
|
|
|
Post by ratty on May 24, 2022 1:06:58 GMT
The global brainwashing is complete then .....  |
|
|
|
Net zero
May 24, 2022 13:45:46 GMT
via mobile
dej likes this
Post by blustnmtn on May 24, 2022 13:45:46 GMT
The global brainwashing is complete then ..... What amazes me is the suicidal tendency of these iconic companies in allowing their corporate culture to be infested with maniacs that are dedicated to the destruction of their employer. |
|
|
|
Post by blustnmtn on May 24, 2022 14:21:19 GMT
|
|
|
|
Post by missouriboy on May 24, 2022 20:38:39 GMT
Prepare for the new diet. |
|
|
|
Post by mako88sb on May 25, 2022 16:31:04 GMT
Look at California that was supposed to shut down 4 natural gas powered plants by the end of 2020 based on renewables supposed to fill in for them. That’s been delayed and in fact 5 temporary 30 MW gas plants have been added. How temporary? Here’s this article by Julianne Geiger titled ‘’California to Spend $5.2 Billion on Electricity Reserve to Avoid Blackouts’’. In it you’ll see that part of the reserve will include existing power generation that was scheduled to be retired and will include diesel and natural gas for backup: oilprice.com/Latest-Energy-News/World-News/California-To-Spend-52-Billion-On-Electricity-Reserve-To-Avoid-Blackouts.amp.htmlSeems someone is finally coming to their senses as they now realize that fossil fuels are still going to be part of California’s power grid for much longer then originally planned when they adopted renewables on a large scale. Especially with the last nuclear power plant to be shut down by 2025. Interestingly in late Dec 2021, some European countries have decided that natural gas fired energy production would be counted as green investments. I suspect our Canadian government will eventually do so as well seeing as renewables aren’t likely to do any better up here compared to California. With natural gas shortages Europe has asked Australia and Indonesia to help provide them with more coal as they try to cut back/eliminate reliance on Russia but that’s not so easy to do nowadays with the current ESG environment and coal prices have soared recently: www.reuters.com/business/energy/indonesia-australia-face-limits-coal-exports-europe-ahead-russian-ban-2022-04-06/ |
|
|
|
Post by missouriboy on May 25, 2022 17:52:57 GMT
Look at California that was supposed to shut down 4 natural gas powered plants by the end of 2020 based on renewables supposed to fill in for them. That’s been delayed and in fact 5 temporary 30 MW gas plants have been added. How temporary? Here’s this article by Julianne Geiger titled ‘’California to Spend $5.2 Billion on Electricity Reserve to Avoid Blackouts’’. In it you’ll see that part of the reserve will include existing power generation that was scheduled to be retired and will include diesel and natural gas for backup: oilprice.com/Latest-Energy-News/World-News/California-To-Spend-52-Billion-On-Electricity-Reserve-To-Avoid-Blackouts.amp.htmlSeems someone is finally coming to their senses as they now realize that fossil fuels are still going to be part of California’s power grid for much longer then originally planned when they adopted renewables on a large scale. Especially with the last nuclear power plant to be shut down by 2025. Interestingly in late Dec 2021, some European countries have decided that natural gas fired energy production would be counted as green investments. I suspect our Canadian government will eventually do so as well seeing as renewables aren’t likely to do any better up here compared to California. With natural gas shortages Europe has asked Australia and Indonesia to help provide them with more coal as they try to cut back/eliminate reliance on Russia but that’s not so easy to do nowadays with the current ESG environment and coal prices have soared recently: www.reuters.com/business/energy/indonesia-australia-face-limits-coal-exports-europe-ahead-russian-ban-2022-04-06/Net Zero Brains “If you've got them by the balls, their hearts and minds will follow.” ― Theodore Roosevelt  |
|
|
|
Post by douglavers on May 26, 2022 3:11:53 GMT
Local Oz [Melbourne] news is that domestic electricity prices are going up 18% in July.
Wholesale gas prices have apparently trebled.
It takes real commercial genius to engineer massive gas and electricity price hikes in one of the most energy rich areas in the world.
It will get worse as the zealots propel us towards "net zero" by 2030.
|
|
|
|
Post by walnut on May 26, 2022 5:19:24 GMT
She's surprised that her employer will not commit to putting itself out of business. |
|
|
|
Post by nonentropic on May 26, 2022 18:07:26 GMT
Just been at the APPEA conference in Australia being the Oil and Gas conference and yes the price of gas will be fixed to "world price" as will the US, in essence there is a two tier world pricing these being receiver countries and source country.
The marginal cost of LNG for a consumer country is typically US$5/Gj for the process so if you are in Australia or the US source nations you will be advantaged by something like that plus or minus market arbitrage and capacity issues but gas producer companies in is gas source nations will only be US$5/Gj below suppliers in LNG gas receiver countries, all this in theory or background to reality.
As a part of the industry in a source country we are better of with the LNG interconnect than without.
|
|
|
|
Post by douglavers on May 27, 2022 0:21:55 GMT
From today's The Australian:
[He said the new government aimed to transform the energy grid to 82 per cent renewables by the end of the decade.
“The good news is that the Australian government will now have a policy to see power prices fall through investments in renewable energy, the cheapest form of energy. That’s the better news for the Australian people,” Mr Bowen said.]
Bowen is the incoming Energy Minister.
This is where rhetoric collides with engineering.
|
|
|
|
Post by mako88sb on May 27, 2022 19:53:58 GMT
|
|
|
|
Post by ratty on May 28, 2022 5:34:44 GMT
|
|
