Oil exploration teams (BP) taking a big hit.

[wpod]

We will be happy with what we are told to be happy with.

 

[4WD]

Internal combustion engines are just archaic. Aside from guzzling fuel. It's time to evolve.

Granted, there doesn't seem to be anywhere near a perfect solution. Lithium mining itself is a nasty, downright disturbing process. But don't ignore that oil exploration can be just as bad. And coal mining? Wow.

I believe we're not ready, there's nowhere near an adequate foundation for a 'green' world. But, on the other hand, if we don't start pushing for this in some small way, it'll never happen. We need to 'fuel' demand and/or supply of green tech to get it off the ground. Fuel demand, supply can step up without risk of losing investment. Fuel supply, price drops, adaptation follows.

Folks that try and discredit evolving technology just because it's not all-encompassing or doesn't work for some example are being very narrow minded. You take advancement where you can and build on it.

I would not lump oil & gas in with mining … sure some old fields cover lots of land … but livestock and farming coexist with these fields and have for decades … Many poor farmers are not poor anymore …
Modern oil & gas development projects can use directional drilling to put all the natural gas wellheads on a small footprint … tremendous BTU potential for the space occupied …
When those wells are depleted … plug with tools & cement and cut pipe below ground
Large parts of Houston sits over former O&G fields …

 

[4WD]

Better question is when will solar energy be made out of solar energy I've yet to see a solar powered blast furnace, mining truck, dozer, excavator...etc. Nor will the panels get shipped across from China on PV-powered freighters.

Hey, is there a special wax to use up there so that snow does not stick to solar panels ?

 

[4WD]

Better question is when will solar energy be made out of solar energy I've yet to see a solar powered blast furnace, mining truck, dozer, excavator...etc. Nor will the panels get shipped across from China on PV-powered freighters.

Folks don’t realize the majors … via petrochemical divisions make stuff for solar panels, wind turbines, batteries etc … and of course they directly enable the construction and global transportation needed to add alternative energy …
Research continues on bio fuels that just might allow conventional engines to complete a service life. I ordered six diesel generator sets that cost $5 million … but expect 10+ years from them … need fuel of some kind ?
So just because majors are not ready to flip a complete strategy for some slickster on Wall Street … Know that they are part of any real scenario … no buggy whip sales there …

 

[Vercingetorix]

Hey, is there a special wax to use up there so that snow does not stick to solar panels ?

View attachment 44296

Don’t you just flip polarity to clear snow?

 

[wpod]

President Biden just signed an executive order, promising. As a result, the creation of more jobs in the green energy sector. I tried to type this while displaying my serious face... buuuut.... I can't. I'd be bursting in laughter, except, it's sad that more bad news is coming down the pipe. And this is just January 2021.

Is it nuclear or nukelar? How do you say it correctly? It's sure as scheiße that's not going to be wind farms, rainbow unicorn pharts, cold fusion energy, or laser beams fired at oceanic saltwater that will power our future .

Made in China. Installed by low bid workers?

 

[Deleted member 89374]

Made in China. Installed by low bid workers?

Probably...

 

[KneeGrinder]

Folks don’t realize the majors … via petrochemical divisions make stuff for solar panels, wind turbines, batteries etc … and of course they directly enable the construction and global transportation needed to add alternative energy …
Research continues on bio fuels that just might allow conventional engines to complete a service life. I ordered six diesel generator sets that cost $5 million … but expect 10+ years from them … need fuel of some kind ?
So just because majors are not ready to flip a complete strategy for some slickster on Wall Street … Know that they are part of any real scenario … no buggy whip sales there …

Make stuff? Maybe so, back in 2001, they just flat out bought Siemens 33% share of the joint venture in the solar panel companies interest. Shell owns 100% now, and renamed the panels from Siemens to Shell Solar. Big Oil is the 800 pound Gorilla of Energy. They didn't get there like Jed Clampett, well maybe once upon a time they did but now they got high tech and they are using it.

Siemens does not need to be in that business, they make their money in the medical industry and maybe others that I'm unaware of.

 

[KneeGrinder]

Shell Buys Siemens Solar
Shell Renewables
, one of five core businesses of the Royal Dutch/Shell Group, has acquired that portion of the old

Siemens Solar Industries that they did not already own. In March 2001, Siemens AG sold a portion of their photovoltaic (PV) subsidiary, entering into a joint venture comprised of Siemens, E.ON Energie AG, and Shell. Each of those partners owned about a third of the venture, which was known as Siemens und Shell Solar GmbH. The new business, owned 100% by Shell, will be known as

Shell Solar. It will remain headquartered in Camarillo, California and will control about 15% of the global PV market.

Published February 1, 2002

 

[Snagglefoot]

The important thing is for the oil companies to give the impression that they are doing their part otherwise punitive government measures may come into play to keep green voters happy. Meanwhile they will realign with current price scenarios and prepare for the day when world consumption goes back to 100 million bbls/day + and the oil price cycle starts again.

 

[PimTac]

The important thing is for the oil companies to give the impression that they are doing their part otherwise punitive government measures may come into play to keep green voters happy. Meanwhile they will realign with current price scenarios and prepare for the day when world consumption goes back to 100 million bbls/day + and the oil price cycle starts again.

It’s more than a impression. The oil companies know they have to adapt to changing times or end up on the trash heap of history like Sears and Kodak to name a couple.

Look at Coca Cola. They have gotten more and more into non Coke products. That’s because the trend is towards less sugary drinks. That is smart on their part.

 

[Deleted member 89374]

Look at Coca Cola. They have gotten more and more into non Coke products. That’s because the trend is towards less sugary drinks. That is smart on their part.

While you're 100% right, I have to say that it's disappointing how much sodium they put in many of their products. In some ways, that's worse than sugar.

It’s more than a impression. The oil companies know they have to adapt to changing times or end up on the trash heap of history like Sears and Kodak to name a couple.

Yep, and I'm pretty sure they have it all planned out. It's more than just a PR move on their part. Electrification might be the transportation future. However, where will all the resources come from to manufacture so many batteries?

 

[OVERKILL]

It’s more than a impression. The oil companies know they have to adapt to changing times or end up on the trash heap of history like Sears and Kodak to name a couple.

Look at Coca Cola. They have gotten more and more into non Coke products. That’s because the trend is towards less sugary drinks. That is smart on their part.

The oil companies are smart, they are investing in products that are guaranteed to lock in fossil fuels because they are unreliable (wind and solar) while allowing them to virtue signal as "going green".

 

[4WD]

The oil companies are smart, they are investing in products that are guaranteed to lock in fossil fuels because they are unreliable (wind and solar) while allowing them to virtue signal as "going green".

Well, sometimes the wind ? She doesn’t blow ! Sometimes the sun ? She don’t shine !
Lots of this stuff is about to get a nice thick ice coating so GTG and nuke will produce the power.

 

[Snagglefoot]

Yes, b’y and it’s a pain where da sun don’t shine.

 

[Deleted member 89374]

The oil companies are smart, they are investing in products that are guaranteed to lock in fossil fuels because they are unreliable (wind and solar) while allowing them to virtue signal as "going green".

Solar is more like a fart in the wind

It's very expensive to build solar energy farms that yield a significant amount of power and attach batteries to store the energy overnight and for emergencies. Windfarms are even worse. You're absolutely right, as they get in, they keep potential competitors out by eroding their appetite to invest in "green renewable energy."

 

[OVERKILL]

Solar is more like a fart in the wind

It's very expensive to build solar energy farms that yield a significant amount of power and attach batteries to store the energy overnight and for emergencies. Windfarms are even worse. You're absolutely right, as they get in, they keep potential competitors out by eroding their appetite to invest in "green renewable energy."

To quote Scott Luft (@ScottLuft on twitter): "apparently this is a picture of a feature - not a bug. before 6 a.m. on a Sunday morning in Texas"

And from @TomHess_ in response to the below image: "For the size of the Texas Interconnection, there certainly is not a lot of intertie capacity, all HVDC & 1 VFT, which have been loaded at max import almost continuously. Eagle Pass may be on outage but is only rated at 30 MW."

Texas has close to 30,000MW of wind capacity, which was at 22% capacity this AM:

 

[OVERKILL]

And to quote @MeredithAngwin: "#ERCOT projections for later tonight are not looking good. Note where projected “demand” line crosses above projected “resources” line."

 

[4WD]

It’s more than a impression. The oil companies know they have to adapt to changing times or end up on the trash heap of history like Sears and Kodak to name a couple.

Look at Coca Cola. They have gotten more and more into non Coke products. That’s because the trend is towards less sugary drinks. That is smart on their part.

Via advanced R&D they developed and make internal materials for solar panels and batteries and developed new leakproof tire liners that will help every type of vehicle
They all do bio fuel development … Again, jet engines are based on thrust … Fixed gens as well …
This country needs and “all the above/all in” energy strategy - and little girls (16-31) need to stay out of it …
Doubt they even know how food gets produced and shipped to their own cities … it’s just there !

 

[OVERKILL]

Via advanced R&D they developed and make internal materials for solar panels and batteries and developed new leakproof tire liners that will help every type of vehicle
They all do bio fuel development … Again, jet engines are based on thrust … Fixed gens as well …
This country needs and “all the above/all in” energy strategy - and little girls (16-31) need to stay out of it …
Doubt they even know how food gets produced and shipped to their own cities … it’s just there !

The one that made the trans-Atlantic trek on a "sailboat" that had diesel engines?