Tag: costly green energy non-solutions

Gas prices, the ppb of oil, and the future

I filled up my car today and paid $2.11 a gallon here in The People’s Republic of Connecticut. In some other parts of the nation that don’t have ridiculously high government imposed gas taxes – taxes that they claim they will use to fix the crumbling infrastructure and ill maintained infrastructure they have held tenure over, but somehow always end up in the general fund where they then get spent on vote buying social pet projects – this number is now below $2 a gallon. The last time I remember oil under $2 a gallon was a decade ago. But why is this happening? There are a ton of varying opinions about cause and effect out there. Let’s explore.

First off, the obligatory democrats are always talking out of their ass reference. They knew they were full of shit, we knew it, and because despite every and all efforts by the Obama administration failing to hinder the expansion of US oil recovery, we got more drilling, we now have definite proof. Collectivist Keynesian shitbags can pretend that the economic laws of supply and demand don’t matter – like they do with the reality of human nature and a lot of other natural laws – but reality has a way of bitch-slapping stupid people. You fuckers knew you were lying when you were pretending more oil on the market would not reduce prices, and we now have proven it. The opposition to any more drilling and recovery was primarily because these Marxists fucks want to destroy the brown energy industry to favor their friends, and coincidentally another one of their special interest big donor blocks, in the proven failed green industry.

Back to business now that we have gotten that out of the way. This precipitous price drop, even though I believe it will not remain that low forever (more about that later), is bound to jump start our economy and help a lot of us that now will have extra pocket change. And it doesn’t come without the profiteers trying to screw over the tax payers yet again. The leftists, under the guise of getting more money to fix the very infrastructure they have been neglecting for decades, precisely because they were diverting gas tax dollars to social pet projects, are putting pressure on everyone to get more money from people that are finally getting a much needed and deserved break in the though economic times the leftists have given us.

As if this time the bulk of this extra revenue wouldn’t actually also be diverted to vote buying projects they depend on. Yeah, and pigs will fly too. These assholes count on people’s stupidity and envy. Think about how these will impact us all once prices climb again – and they will. Let us also note that this money grab is not limited to the feds. Many state governments, especially the ones run by democrats that do the same as the feds (like mine), are all hoping to follow that example and do the same. Can’t have people keeping more of their money when they need to buy votes in these desperate times that their base consists of so many of the non-productive. It is almost as if these people’s decision making is based on what can do the most economic harm possible. Of course, when you already believe the money doesn’t belong to the people earning it in the first place, you tend to not bother with these stupid details anyway.

Now that we have gotten that nasty business out of the way, let’s discuss why the prices are dropping as precipitously and fast as they are. The general consensus is that the Saudis are doing this, and it is on purpose. The Saudis, OPEC’s biggest producers, have decided not to cut their output to regulate prices, and are counting on their over $800 billion in reserves to ride out this shorting of the market. The move to let the oil prices plummet is basically driven by their calculated belief that if the price goes too low it will force fledgling the US oil industry, especially the fracking industry that the Russians had been directly targeting without much success so far, I add, to collapse.

The Saudis, like most of the other OPEC nations and Russia, all need oil to be at between $90 and $100 a barrel to keep their current economic plans viable. The supply produced by the US has basically made that impossible, because the extra oil was sooner than later going to force a correction that would drop prices and keep them between $65 to $75 per barrel. And while that drop is something that would be an economic boon to most of the world that depends on oil for energy, it would spell a slow economic death for the oil producing nations that need/want the higher prices. Have no doubt that this move is a calculated attack on the US oil industry. The Saudis are counting that if they keep the prices below $50 a barrel for a while that they can drive the US out of the oil producing. Even more important is their belief that the greens will then prevent that oil producing industry from coming back for decades. This gamble that the greens will prevent the oil production from starting right back up again is based on their observation of how things played out in the 70s, and while many believe that this time it will not work, I think that their gamble isn’t all that crazy. The greens, after all, want to destroy the brown energy sector and don’t give two flying fucks how costly and destructive their agenda is, because in the end it is about them lining their pockets above all else. Most of the big actors have become stinking rich fucking us all over.

The fact is that this economic boon they will usher in and the low gas prices themselves can’t last as the demand and supply curve correct themselves eventually. But then again, we can make some economic moves that will preposition us to come out of this attack against our economy and economic interests, as the winners. The fact is that anything that keeps the price of oil lower than the $90 to $100 per barrel that the actors behind this attack want is a good thing. Lower prices would be a huge hit that forces some of the world’s shittiest nations to change their ways, for lack of funds to cause trouble with, to at a minimum do less harmful things. That would be a big bonus for the world in general. Of course I doubt this administration and the collectivists that are in league with the greens have any desire to do so, and they will actually do things that will undermine that possibility. We need to make sure we push back and prevent them from doing that. Cheap energy is exactly what the world needs right now, just like it needs a lot less big intrusive Keynesian nanny-state government.

In the mean time enjoy this gift for as long as it is allowed to last by the people that want to control us serfs.

I am not surprised…

What if you hada solar project auction, and nobody showed up?

The plan to auction rights to federal land across the West for solar-power plants got off to a rocky start Thursday when no bidders showed up for the first auction in Colorado. Uncertainties about the solar market and federal rules probably were major factors in the auction’s failure, industry officials said.

Five companies had filed preliminary applications for the three San Luis Valley parcels, and there were another 27 inquires about the sites, according to Bureau of Land Management officials. Based on that interest, officials scheduled an auction at the BLM Colorado office in Lakewood for the 3,700 acres of valley land.

What do you see missing in that sentence about uncertainty and failure? That without massive government subsidies -which the article says were there in the form of ludicrously low prices – this tuff is simply not viable. And even with this stuff, there isn’t anyone taking the bait.

“In this particular case, there’s an added issue which may have prompted developers to take a pass on the Colorado lease sale,” Johnson said. “The ground rules are still very much in question. To date, BLM has yet to finalize any regional mitigation plans. Frankly, it’s not smart business to commit to something until you’ve read the fine print.”

Man, wish they had done this for Obamacare….

Benefits of brown energy are yet to come

So says IHS’s report on the economic impact shale which has tallied up the benefits coming from shale oil & gas exploration & extraction.

In their latest report on the economic benefits of the shale revolution, the global research firm IHS makes a number of encouraging findings. IHS estimates that the unconventional oil and gas value chain already supports over two million jobs, is responsible for $1,200 in average additional net income per household and is contributing nearly $300 billion to GDP. The most promising finding for manufacturers is that the best is yet to come. Looking at just one manufacturing sector, the chemical manufacturing sector, capital investments in new plants and expansion at existing plants is expected to more than triple in just four years.

These estimates are not theoretical; they are largely based on real projects that are already under development, some of which are identified in the report. Similar growth is expected in several manufacturing sectors, which collectively will drive more production, create more jobs and further fuel the economy.

Of course, the Gaia worshippers want nothing to do with this real economic boon, and keep pretending that the heavily subsidized and failure prone green energy sector is where all the good stuff is. Dreams are just that: dreams. As I told some leftard that kept telling me he wished the green energy sector would show how great it was already earlier today: shit in one hand and keep making that idiotic wish in the other, and see which one fills up first.

Government employees abusing their power? – Updated

As the leftards are telling us we are all paranoid for thinking government would ever treat us like serfs should we lose the ability to fight back, take a look at the w the EPA has been up to:

Lisa Jackson’s forthcoming departure from the U.S. Environmental Protection Agency is a major victory for transparency and accountability in Washington.

After years of whispers that EPA officials frequently used private email addresses, fake names and coded messages to circumvent the Freedom of Information Act, or FOIA, Jackson admitted recently to using “Richard Windsor” as her chosen nom de plume on a government email account.

That was her choice because it reminded her of a much-beloved family pet, she claimed. (At least she didn’t ask how anybody could suspect a puppy lover like her of any wrongdoing.) The EPA inspector general opened an investigation into the matter because it is against federal law to use nonofficial or secret email addresses to conduct official business.

The EPA IG could hardly do otherwise. The use of private or secret emails enables high government muckety-mucks like Jackson to hide things about which they don’t want the rest of us to know. But we don’t need an investigation to know officials have been hiding bad things within the EPA for a very long time.

A bunch of unelected political partisans using fake e-mails to hide what they are doing because they know that what they are doing isn’t just illegal but criminal? And at the EPA, the organization working hardest to push the Obama energy agenda and to cripple our economy by pushing crappy & costly green energy non-solutions, of all places!

Don’t expect to hear any of this in the LSM. In fact if you do, they will make it look like it was a witch-hunt or as if nothing bad was done. After all, it is becoming quite obvious that the left really thinks laws are for everyone else to follow and not them. Shit like this is why the 2nd amendment was added to the constitution. Where are the god damned trials? This is criminal.

UPDATE: Looks like Mrs. Jackson is leaving the EPA to avoid an investigation:
What we now know is that Arvin Ganesan, EPA associate administrator for congressional and intergovernmental affairs, confirmed to six interested House members on Dec. 12 that Jackson did indeed use the name “Richard Windsor” in secret email exchanges on a private account.

So what was communicated in these emails?

The Competitive Enterprise Institute, which has filed a lawsuit demanding their release, believes they “relate to the war on coal Jackson was orchestrating on behalf of President Obama outside the appropriate democratic process.”

Maybe it’s a coincidence that Jackson, who attended Tulane University on a scholarship provided by Shell Oil, resigned only days after the Justice Department agreed to hand over 12,000 emails from Jackson’s “Richard Windsor” account. But it looks like she’s attempting to dodge an uncomfortable investigation.

As if we needed to doubt the Obama agenda to destroy fossil fuel to their failed & expensive green initiative. An initiative that is purely political and intended to make their buddies stinking rich off tax payer subsidies. Now we know Jackson was communicating with the WH, in secret, to do this. She should be prosecuted and the WH investigated. The most ethical administration ever should be exposed for the manipulative and evil band of Chicago gangsters they are.