Shocking new gas prices [CLOSED DUE TO POLITICS. VIOLATORS BANNED]

[j.o.y.ride]

Finite how? As long as there are decaying dinosaurs, and newer creatures great and small, that substance is renewable.
The largest reserves known to man haven’t even been tapped yet.
We’ll be fine, don’t believe the propaganda.
Nothing wrong with doing our part to conserve, but we ain’t running out for several more lifetimes.

Oh ok thanks

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[BAT]

Anywhere in the South has good potential but... there are still the more variables mentioned in my other post and elsewhere.
Know that if you go with a major company or one that does a lot of marketing and advertising, that you'll be the one paying for that also.

My two neighbors that have had installed used Sunrun I think is the name of the company

 

[ShadowsPapa]

By the time it's in a true short supply, we will be partially weaned. EVs are selling like hotcakes as far as global numbers. Shale hasn't been utilized.
We cut production, we were told to cut production, a mix of things happened and now the demand is high so we're in panic mode.

We're working on "weaning". I believe by the time we hit the "uh, we can't find any new sources and the existing ones are being sucked dry" point, we'll be a lot closer to not needing to panic.
Even among Jeep people I see at least some positive comments on electric and hybrids. IMO, that's a good sign.
The truth is in the middle.

I swear if we had electricians that knew their head from a range outlet and anyone who really knew anything about backup systems and solar more than I know - I'd be talking to someone about a plan. Trouble is - this is Des Moines. We raise corn, beans, hogs and invented digital computing and fax machines but we also raise idiots when it comes to electric and solar and backup systems.
It scares me when I know more than the morons that switched out our breaker panel and they were supposed to be highly recommended, one of the best - and I had to explain to them how to wire up a well pump. They cut off a conduit and trimmed and removed wires because they couldn't figure out a need for wires going out a conduit through a basement wall - uh, hey, idiots, uh, there's a tank and pressure switch 2 feet behind you! They were ready to leave and instead of checking around to figure out what was what, they just cut things off, including cutting the conduit against the wall and pulling wires out and leaving them.
When I know more than they do - no way in hell I'm having any local fools touch our place for solar or any real backup system.

 

[Stratus109]

The electric infrastructure will never be able to handle EV. Its a myth. A ruse . A joke.

 

[j.o.y.ride]

I would encourage everyone to take a lesson on investing in bad times as it can be extremely lucrative. I profited more than the US Average Household Income on oil in about 2 weeks, up about the same on shorting the market. Both positions have been cashed out, my play is done. It has more than covered my gas bill.

In general in war times the markets drop leading up and through the initial invasion and when it is figured out how it's going to go they rebound. You gotta watch closely though. The day the markets tanked the most, Biden gave a speech and it was clear the US would not be getting involved and the fear selling ended. Time to cash out.

The same happened today with oil. Oil had been climbing, within minutes of the discussions with Venezuela and another 30m barrels released, oils upward hike was halted. It may go back up again, but the responses are coming and it's going to make it stabilize or, if it goes up, be volatile as the back and forth tug of supply issues and responses happen. Arrow is where the Venezuela discussions and 30m barrels of reserves were both announced.

 

[Stratus109]

I would encourage everyone to take a lesson on investing in bad times as it can be extremely lucrative. I profited more than the US Average Household Income on oil in about 2 weeks, up about the same on shorting the market. Both positions have been cashed out, my play is done. It has more than covered my gas bill.

In general in war times the markets drop leading up and through the initial invasion and when it is figured out how it's going to go they rebound. You gotta watch closely though. The day the markets tanked the most, Biden gave a speech and it was clear the US would not be getting involved and the fear selling ended. Time to cash out.

The same happened today with oil. Oil had been climbing, within minutes of the discussions with Venezuela and another 30m barrels released, oils upward hike was halted. It may go back up again, but the responses are coming and it's going to make it stabilize or, if it goes up, be volatile as the back and forth tug of supply issues and responses happen. Arrow is where the Venezuela discussions and 30m barrels of reserves were both announced.

Cute larp… if you were actually serious, you would have waited 2 weeks until oil goes to 150…

 

[j.o.y.ride]

Cute larp… if you were actually serious, you would have waited 2 weeks until oil goes to 150…

I am okay setting my goals and when they are met being okay cashing out even if in hindsight it would have been better to stay in. I've done extremely well with this. You never time anything perfectly, second guessing leads to bad decisions.

If brand new information comes out that is something to consider. In this case it didn't support staying in longer. In other cases it has.

I personally was at my goals and new info came out that clouds the future of what I was going for so time to exit.

If you think it will go to 150 and it's currently at 125 go throw a bunch of money in. Easy profits. I am going to turn my sights to other opportunities. That new opportunity could be oil again if I like what I am seeing.

But the overarching point I am making is, you can turn a good profit in a bad market. And wrt gas prices, you can offset it with an investment in the commodity.

 

[j.o.y.ride]

Cute larp… if you were actually serious, you would have waited 2 weeks until oil goes to 150…

Well sure enough it's down 4.8% today from where I sold it, so think I'm doing just fine. Crude is back down to 118 from 126 yesterday. Can always get back in if new info came out, but for now I was correct to be out.

 

[ShadowsPapa]

Well sure enough it's down 4.8% today from where I sold it, so think I'm doing just fine. Crude is back down to 118 from 126 yesterday. Can always get back in if new info came out, but for now I was correct to be out.

Know when to hold 'em, know when to fold 'em.

In general in war times the markets drop leading up and through the initial invasion and when it is figured out how it's going to go they rebound. You gotta watch closely though. The day the markets tanked the most, Biden gave a speech and it was clear the US would not be getting involved and the fear selling ended. Time to cash out.

Yeah, but in this case even the experts seem to be saying "the market appears to be ignoring the war" - or words to that effect. World has changed, other factors in play, our own energy abilities have changed since the 1970s.
Obviously you've kept up.

I can't even recall the number of people who were freaking out over my Roper holdings years ago....... I just smiled and told them I used to work at one of their major holdings and knew how things worked inside.
And again later when the general economy was soft, people were yelling get out get out - the Roper stock split.
I had followed the trend lines of the company and people were getting buggy about my still being in so deep in 2008 - I said, hang on, I know the company, the rebound will be much bigger than the fall. and it was indeed like a super ball coming back up.
I'm glad I did eventually reduce my holdings there (a very big customer of CCC which was a major Roper holding, was Gazprom)

 

[j.o.y.ride]

Yeah, but in this case even the experts seem to be saying "the market appears to be ignoring the war" - or words to that effect. World has changed, other factors in play, our own energy abilities have changed since the 1970s.
Obviously you've kept up.

I can't even recall the number of people who were freaking out over my Roper holdings years ago....... I just smiled and told them I used to work at one of their major holdings and knew how things worked inside.
And again later when the general economy was soft, people were yelling get out get out - the Roper stock split.
I had followed the trend lines of the company and people were getting buggy about my still being in so deep in 2008 - I said, hang on, I know the company, the rebound will be much bigger than the fall. and it was indeed like a super ball coming back up.
I'm glad I did eventually reduce my holdings there (a very big customer of CCC which was a major Roper holding, was Gazprom)

The market *right now* is volatile, which is a big no no for me. But as the war started and nobody knew what the US involvement in the war was going to be, the markets were on a consistent slide. Once the 'Z' started showing up on the trucks it was time to start short positions as it was clear what was coming.

The moment for being short started at the 'Z' and ended at Biden's speech. It may change, but for now the moment's passed.

Once that Biden speech was made that the US and European countries were going with sanctions not bombs, at the arrow here, the entirety of the market behavior shifted to volatile ups and downs. Before that, consistently down. Know when to get out.

 

[ShadowsPapa]

Apparently, depending on where you charge your EV - running your EV can cost more than running your gas car at today's prices. Fast charging stations charge a pretty penny to recharge.
If you can get by and charge at home, fine, but............

https://www.foxbusiness.com/lifestyle/filling-gas-vehicle-cheaper-electric

 

[JeepBeerSleep]

We need to wean households off using fossil fuels as much as possible so when issues arise it impacts us less. The solution isn't using more of a finite substance, its getting off relying on a finite substance.

Fossil fuels are the best and most reliable forms of energy available to households. We don't need to ween. You just think that. And many others are wrong too.

 

[MrZappo]

Fossil fuels are the best and most reliable forms of energy available to households. We don't need to ween. You just think that. And many others are wrong too.

This statement above and the earlier one " The electric infrastructure will never be able to handle EV. Its a myth. A ruse . A joke. " are interesting to me ...

I'm not anti fossil fuel, far from it ... I'm not anti electric either ...

But when people (anyone) makes statements of "fact" and imply that others are "wrong" or say things like "the electrical supply will NEVER be able to handle something, it just looks to me like you are showcasing your short sightedness and lack of imagination ...

The electric infrastructure will NEVER be able to handle it ? What on earth are you talking about ? If you mean that it wont handle it (In its current form) than yes ... But ya know the electric infrastructure of the 1950's would NEVER have been able to handle what it handles TODAY AND EVERY DAY. Technology will get better, power generation will get more efficient, infrastructure will grow and improve etc etc etc ... As always we will find a way to solve the problems that we have. It wont happen overnight but cmon man, NEVER ? How could you possibly know that ? It will definitely take a while and will be hard but NEVER ? Please ......


And as far as best and most reliable, Id say that nuclear energy holds that title in my mind although the political winds sway in and out of supporting it mostly because of fear and ignorance ... And "dont need to ween" well, whatever ... We wont be out of it for a LONG time yes ... but saying that we "dont need to" ? Yeah no ... We at least should be paying attention to it ...

"You just think that" cmon ... That's quite a troll thing to say ... Because anyone could easily say that same thing to you or to anyone ...

"And many others are wrong too" ??? Maybe they are, but if you expect anyone to go along with you maybe you should share your credentials with the group ... Are you in the energy business ? Why do you get to say that many others are wrong ? Or are you just blowing smoke ?

 

[ecidiego]

This statement above and the earlier one " The electric infrastructure will never be able to handle EV. Its a myth. A ruse . A joke. " are interesting to me ...

I'm not anti fossil fuel, far from it ... I'm not anti electric either ...

But when people (anyone) makes statements of "fact" and imply that others are "wrong" or say things like "the electrical supply will NEVER be able to handle something, it just looks to me like you are showcasing your short sightedness and lack of imagination ...

The electric infrastructure will NEVER be able to handle it ? What on earth are you talking about ? If you mean that it wont handle it (In its current form) than yes ... But ya know the electric infrastructure of the 1950's would NEVER have been able to handle what it handles TODAY AND EVERY DAY. Technology will get better, power generation will get more efficient, infrastructure will grow and improve etc etc etc ... As always we will find a way to solve the problems that we have. It wont happen overnight but cmon man, NEVER ? How could you possibly know that ? It will definitely take a while and will be hard but NEVER ? Please ......


And as far as best and most reliable, Id say that nuclear energy holds that title in my mind although the political winds sway in and out of supporting it mostly because of fear and ignorance ... And "dont need to ween" well, whatever ... We wont be out of it for a LONG time yes ... but saying that we "dont need to" ? Yeah no ... We at least should be paying attention to it ...

"You just think that" cmon ... That's quite a troll thing to say ... Because anyone could easily say that same thing to you or to anyone ...

"And many others are wrong too" ??? Maybe they are, but if you expect anyone to go along with you maybe you should share your credentials with the group ... Are you in the energy business ? Why do you get to say that many others are wrong ? Or are you just blowing smoke ?

Nuclear would solve everything. Problem is the average ignorant Joe Public thinks a reactor is a bomb, or that reactors can only be 70 year old designs like Fukushima.

Modern reactors are completely safe and 100% green. Too bad the US won't promote them.

A totally EV country can only happen with either Oil/Coal/Gas or Nuclear. None of the other garbage like solar and wind could ever come close.

 

[ShadowsPapa]

This statement above and the earlier one " The electric infrastructure will never be able to handle EV. Its a myth. A ruse . A joke. " are interesting to me ...

I'm not anti fossil fuel, far from it ... I'm not anti electric either ...

But when people (anyone) makes statements of "fact" and imply that others are "wrong" or say things like "the electrical supply will NEVER be able to handle something, it just looks to me like you are showcasing your short sightedness and lack of imagination ...

The electric infrastructure will NEVER be able to handle it ? What on earth are you talking about ? If you mean that it wont handle it (In its current form) than yes ... But ya know the electric infrastructure of the 1950's would NEVER have been able to handle what it handles TODAY AND EVERY DAY. Technology will get better, power generation will get more efficient, infrastructure will grow and improve etc etc etc ... As always we will find a way to solve the problems that we have. It wont happen overnight but cmon man, NEVER ? How could you possibly know that ? It will definitely take a while and will be hard but NEVER ? Please ......


And as far as best and most reliable, Id say that nuclear energy holds that title in my mind although the political winds sway in and out of supporting it mostly because of fear and ignorance ... And "dont need to ween" well, whatever ... We wont be out of it for a LONG time yes ... but saying that we "dont need to" ? Yeah no ... We at least should be paying attention to it ...

"You just think that" cmon ... That's quite a troll thing to say ... Because anyone could easily say that same thins to you or to anyone ...

"And many others are wrong too" ??? Maybe they are, but if you expect anyone to go along with you maybe you should share your credentials with the group ... Are you in the energy business ? Why so you get to say that many others are wrong ? Or are you just blowing smoke ?

Musk and Toyoda (head of Toyota) have said similarly that it won't handle........... however, going back later and seeing the entire statements in context, first impressions of their statements are pretty narrow. I even quoted them more than once.
Today Iowa's infrastructure could indeed handle it. California? Meh, maybe not - today.
There are a lot of things going on in the background that will change whether or not something "can handle" things..........
At home you will be charging at night - when usage is lower (at least here)
As furnaces and AC units age out and die, they will be replaced with modern equipment- heat pumps, minisplit systems and so on. It's amazing, absolutely amazing, how little current draw my shop's minisplit system has. Granted it's undersized for my 2 story shop so it can't possibly keep up with heat in the winter, but in the summer it does keep up (because cool air doesn't rise up to the second story unless I run fans to force it up there...)
Anyway, our Trane heat pump is 12 years old and when we had it installed I chose the inside and outside unit combination based on a lot of research and our payback was about 4 years! Not only did our electric use go down for a while, we didn't have to buy LP for our house any more.
If it dies or becomes not financially feasible to repair it, what it gets replaced with would use even LESS electricity. I'm taking into account only household heating and cooling - in 10 years the current homes - those that exist today, will be using less electricity. LED lights, more efficient refrigerators and TVs, all help compensate for increases in the numbers of devices.
There are already places on the planet that have no IC powered vehicles and are doing ok.
The more I research, study, learn, the more doors and windows I see opening.

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