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Here’s why oil’s future is grim

Alternative Energy

What do auto manufacturers, utilities and oil companies have in common with Kodak, Blockbuster and Macy’s? Their business models are rapidly vanishing under the pressure of technology innovation and societal norms.

Five countries have already announced an end date for the sale of gasoline and diesel cars: Norway (2025), Germany and India (2030), and France and the U.K. (2040). Many others are preparing to follow, proving that electric vehicles are about to go global and follow mass market adoption curves.

While these government bans are welcome, they may not even be necessary. In Europe, total cost of ownership of an electric vehicle (EV) is already similar to most internal combustion engine cars. With rapid improvements in battery technologies, cost of ownership of an EV will soon be significantly lower everywhere.

In fact, traditional cars will not disappear solely due to environmental concerns, but also because electric cars are both cheaper to operate and safer because the position of the motor and battery reduce injury risks from frontal collisions and the probability of the car rolling over.

A cheaper, cleaner and safer car will inevitably win over the market. The only question is how long this will take.

“A cheaper, cleaner and safer car will inevitably win over the market. The only question is how long this will take.”

Incumbent car manufacturers are waking up to the urgency of the transition to electric vehicles. After its near-death experience in the diesel emissions scandal, Volkswagen is now leading this transition, with a battery factory planned and 30 electric models to be released by 2025, representing 2 to 3 million cars per year (20 to 30 percent of its annual unit sales).

Volvo (a Chinese-owned company) recently announced that all its models would have an electric motor by 2019, further signaling the EV shift in China – already the largest electric vehicle market in the world.

Automakers are just one example of an industry that will be forced to reinvent itself as technologies and policies shift the world economy towards a low carbon model. Electric utilities are another. There is practically no industry that has as much to benefit from, and conversely so much to lose from this transition.

Only a few years ago, many experts were predicting the demise of the big utility and centralized grid, with distributed solar mounted on rooftops taking over the world. In fact, solar has grown exponentially in recent years, jumping 50 percent from 2015 to 2016 alone. But this has happened largely through utilities building large solar farms, not rooftop solar.

By 2030, renewables will account for half of the world’s energy mix, according to Goldman Sachs. Even now, the cost of wind energy, and in many places solar energy, is lower than gas, coal and nuclear. This is true without subsidies.

The auto industry’s transition to EVs and the utilities’ transition to renewable power are connected. Electric cars will increase the demand for electricity and for grid infrastructure to support charging stations and charging at home. With new approaches to batteries under development, such as solid state batteries, EVs and renewable energy supported by electricity storage are just entering the steep slope of the adoption curve.

These rapid changes will leave the oil and gas industry in crisis. Goldman Sachs recently said oil demand could peak by 2024 – a major departure from traditional analysis that shows oil demand rising to 2040 and beyond.

Some companies, such as Total and Norway’s Statoil, have seen the writing on the wall and are aiming to become “energy companies”, focused on all forms of energy, including solar and wind. Others will continue the failing business model of exploration, drilling and distribution, only to meet the same end as the coal industry.

Many of these changes are already well known, with most decision makers realizing the need to reinvent entire industries. The pace of this reinvention however is problematic. The climate change clock is ticking and the next few years are crucial to ensure earth’s temperature does not rise beyond 2 degrees, the goal set at the Paris climate conference.

All these technological changes are interconnected and mutually reinforced. These advances hold immense promise for our future, and will shift and create trillions of dollars in wealth. It’s time for business leaders, policymakers, consumers and citizens to embrace the promise of new technologies and shake the status quo.

CNBC



94 Comments on "Here’s why oil’s future is grim"

  1. Bob on Thu, 24th Aug 2017 7:32 pm 

    Sorry, but cars require roads which require maintenance. Think road surfacing, steel, bridges, concrete, potholes. We can’t afford to maintain what we have now. Our infrastructure has a D grade. We need a Trillion dollars to make it acceptable. It will never be fixed. Also, your pollution doesn’t end. Think worn tires, brake dust, car fluids, plastic, etc. Then we would have pranksters dumping a load of roofing nails onto our highways and all traffic stopping. Or crooks putting out a few traffic cones on the highway, stopping all traffic and robbing them. This EV dream ain’t going to happen, no way. The plain old gas car can’t survive for the same reasons. It’s not the car or the gas, but the cost of maintenance that will kill these dreams.

  2. jawagord on Thu, 24th Aug 2017 7:34 pm 

    India 2030, really??? More likely 2130. Most of these politicians making these pronouncements will be dead and gone long before ICE vehicles.

    http://www.telegraph.co.uk/news/picturegalleries/worldnews/9442080/Huge-power-cut-in-India-600-million-without-electricity-in-biggest-ever-blackout.html

  3. Apneaman on Thu, 24th Aug 2017 8:27 pm 

    Could get grim in a hurry.

    Texas refineries face flooding, disruption threat from Hurricane Harvey

    Hurricane Harvey is expected to hit Texas on Friday.

    The Houston region’s oil refineries could be in danger.

    It could take 18 to 36 months for refineries to return to full production capacity if they sustain 2 feet of flooding, Bay Area Houston Economic Partnership President Bob Mitchell said.

    https://www.cnbc.com/2017/08/24/hurricane-harvey-could-hurt-oil-production-long-after-it-hits-the-houston-area.html

    Let’s all pray to the Cancer Gods that Huston gets to dodge another AGW Jacked bullet. If it happens almost nobody is going to appreciate the knock on effects.

  4. Outcast_Searcher on Thu, 24th Aug 2017 8:35 pm 

    I think EV’s will be great, and switching the fleet over to EV’s in 3 to 5 decades is something I hope can happen, at least in the first world.

    But somehow I think EV penetration should be proven beyond 1% penetration, and show scaling up without much problems to say 20% or 30% of the first world fleet, before the pundits start crowing “game over”, like we can be at 100% EV sales by 2025 or 2030 with no issues, even in the first world.

    Given the ongoing population growth, poverty, and state of the electric grid, it’s insanity to assume that this can happen in the third world in under several decades.

    Looking for something better is good. Insisting on magic and ignoring math is not.

  5. BillC on Thu, 24th Aug 2017 9:12 pm 

    hey man, lets get electric space ships and cruise the the universe. what a joke this article is. where will the electricity come from to power 10s of millions on “clean, green, democratic cars” 37% of energy comes from petroleum, 24% natural gas, 23% coal, 0% batteries., etc..

  6. Boat on Thu, 24th Aug 2017 9:30 pm 

    ape,

    My car is gassed and ready to go. Were parking the truck on a hill 30 miles north, just in case.

  7. GregT on Thu, 24th Aug 2017 10:18 pm 

    Is it raining where you are yet Boat? Any wind?

  8. Apneaman on Thu, 24th Aug 2017 10:36 pm 

    You might not want to delay too long boat. The folks who study these things say it has the potential be the worst ever. Beware of panicking humans. Humans can get extra stupid in situations like this.

    https://www.youtube.com/watch?v=3ZlDZPYzfm4

  9. Makati1 on Thu, 24th Aug 2017 10:45 pm 

    I suspect all roads out of the Texas storm’s path will become huge parking lots when the rats finally decide it is time to go. Good for the US GDP. All that damage to repair. Bodies to be buried. Etc. LOL

  10. GregT on Thu, 24th Aug 2017 11:59 pm 

    They’re now talking about up 35″ of rainfall in the Corpus Christi-Houston area over the next few days. Crazy.

    What’s even crazier? As the gulf continues to warm, these events are expected to intensify dramatically.

    We ain’t seen nothin’ yet.

  11. GregT on Fri, 25th Aug 2017 12:28 am 

    “Bodies to be buried.”

    Let’s all hope not. Loss of life is never a good thing.

  12. Makati1 on Fri, 25th Aug 2017 12:35 am 

    GregT, tell that to Washington. I feel no sorrow for Americans who do stupid stuff or ignore warnings. Death is a part of life. more than a thousand Americans die everyday from mostly preventable cancers. ~100 from Auto accidents. ~100 from Suicide. 200+ from drugs. And on and on. Death is a part of life. Accept it. We will all experience it someday.

  13. GregT on Fri, 25th Aug 2017 1:22 am 

    Sadly Mak, the ones most likely to die in an event like this, are the ones that Washington has already left behind.

  14. Makati1 on Fri, 25th Aug 2017 3:38 am 

    GregT, I was speaking of the millions that the US murders around the world as they plunder and terrorize humanity in countries that cannot protect themselves.

    Washington does not give a damn about you or me. You are nothing more than a source of money and support for their plans. They give lip service to your needs and then make them worse. Nothing but lies comes out of Washington.

    I stopped supporting them or their plans and have little respect for the rest of the serfs who do. Every gallon of US gasoline has innocent blood in it. Every gallon.

  15. deadlykillerbeaz on Fri, 25th Aug 2017 5:52 am 

    It’s ok, America will survive. Napoleon sold the land claimed by France to the US for 11.25 million dollars. Thought he would conquer Russia, he didn’t need some stinking land that drained everything to the Missouri. Not when you can have Russia.

    Sell 530,000,000 acres of land that doesn’t belong to you for 11,250,000 dollars is theft and Napoleon is jonesin’ for the money, but don’t tell anybody.

    The US gov had to steal the land again, it costs plenty to govern and rule new lands, especially when the natives don’t want to sell.

    We don’t need the French anywhere in America. America is for Americans. Let the French have Indochina, we’ll keep China.

    Ok, we’ll take Indochina too.

    How many resources are needed to manufacture 1,000,000,000 batteries to power one billion electric cars? The energy has to come from somewhere.

    You’ll need five billion tires, those require oil, to have a set of tires for an EV, you need oil.

    Battery powered cars have been around ever since somebody built a drive to turn gears to move wheels with tires. Better traction when you use tires. If you can use electricity to power the drive, it’ll be better than driving around with 18 gallons of an extremely flammable liquid in the tank.

    Could go back to horses, wagons, coach and four transportation, but the ICE ended all that at the beginning of the twentieth century, there is no going back to horses pulling wagons through the streets of New York. Not when you can have an engine in a car that has 250 horsepower. Horses need to be fed and stabled, harnessed, lots of tack to have a horse equipped to pull the wagon down the trail. It’ll take days, not hours to get to Council Bluffs.

    Electric cars will be a benefit and an end to ice cars for urban transport. It is the future for transportation in places with high density populations.

    In the beginning electric cars were winning.

    You won’t have to manufacture V-6 engines, will save a lot of energy and use of raw materials.

    Batteries and electric drives are better for small vehicles, let them haul your worthless hide across town to buy your groceries. Beats walking.

    People don’t know how to drive, so you need cars to self drive for the safety of the driver and passengers.

    People don’t know if they are afoot or horseback, can’t rely on them to be able to drive, that’s preposterous. lol

  16. Davy on Fri, 25th Aug 2017 5:55 am 

    Hell, it is open season on tragedies on this board by the asshole anti-Americans. Sick people and they act like they are intelligent. Intelligence is more than being smart. makat, you are especially hypocritical with your typhoon season ramping up. Should I laugh when you are a refugee?

  17. Davy on Fri, 25th Aug 2017 6:13 am 

    What OS said above sums it up nicely.

  18. Cloggie on Fri, 25th Aug 2017 6:18 am 

    But somehow I think EV penetration should be proven beyond 1% penetration, and show scaling up without much problems to say 20% or 30% of the first world fleet, before the pundits start crowing “game over”

    https://cleantechnica.com/2017/05/17/us-doe-plug-electric-vehicles-captured-23-5-share-norways-total-auto-market-2016/

    http://bellona.org/news/transport/electric-vehicles/2017-04-the-glory-days-of-norwegian-electro-mobility-success-and-the-struggle-to-stay-in-the-spotlight

  19. Darrell Cloud on Fri, 25th Aug 2017 6:35 am 

    A hurricane is just a storm. It is not the end of the world. I had three of them go over the top of my house in 04. The most useful items after the storm were a travel trailer, a generator, and a 55 gallon drum of gas. All of this was purchased well before the storm hit. If you are just now getting ready, then good luck.

  20. paultard on Fri, 25th Aug 2017 6:42 am 

    as a former paultard, i think transportation is wasteful and should be de-emphasized.
    i think diseases are mostly eliminated thanks to public health/modern plumbing.

    we can solve this big problem with maintaining a transportation infrastructure by abandoning it. this would make kunsler happy and it also cleans up the air.

    i would call this new infrastructure something akin to “pneumatic tubes”. water, gas, and electricity are delivered via “tubes”. we need to do this next for transportation of humans

  21. Davy on Fri, 25th Aug 2017 7:26 am 

    Hurricane Harvey Forecast Discussion

    http://tinyurl.com/ycs56m5y

    Key Messages:

    1. Harvey is expected to be a major hurricane at landfall, bringing
    life-threatening storm surge, rainfall, and wind hazards to portions
    of the Texas coast. Preparations to protect life and property should
    be completed this morning, as tropical-storm-force winds will first
    arrive in the hurricane and storm surge warning areas later today.

    2. A Storm Surge Warning is in effect for much of the Texas coast.
    Life-threatening storm surge flooding could reach heights of 6 to 12
    feet above ground level at the coast between the north entrance of
    the Padre Island National Seashore and Sargent. For a depiction of
    areas at risk, see the Storm Surge Watch/Warning Graphic at
    hurricanes.gov.

    3. Devastating and life-threatening flooding is expected across the
    middle and upper Texas coast from heavy rainfall of 15 to 25 inches,
    with isolated amounts as high as 35 inches, from today through next
    Wednesday. Please refer to products from your local National Weather
    Service office and the NOAA Weather Prediction Center for more
    information on the flooding hazard.

  22. Davy on Fri, 25th Aug 2017 7:29 am 

    They added a new color to a chart I reference often:
    7-Day Total Precipitation
    http://tinyurl.com/yazf5y8m

  23. Boat on Fri, 25th Aug 2017 8:54 am 

    greggiet,

    No wind or rain yet. We have prepped to stay and prepped to run. It all depends on what happens after the storm hits land then what direction it takes. Took the day off.
    rain projected to start in about 4 hrs.

  24. Makati1 on Fri, 25th Aug 2017 8:56 am 

    ‘Hurricane Harvey, the first hurricane to make landfall in Texas since 2008, is strengthening and expected to strike the Texas coast later tonight as a Cat-3 storm with maximum sustained winds near 120 mph according to the National Hurricane Center (NHC). But perhaps worse than wind speeds, Harvey encapsulates the ‘perfect storm’ as it’s moving slowly at 10mph and is expected to hover over the Texas shoreline after making landfall, bringing up to a 12 foot storm surge and dropping up to 35 inches of rain in certain areas.”

    http://www.zerohedge.com/news/2017-08-25/devastating-and-life-threatening-harvey-expected-bring-120mph-winds-and-12-foot-stor

    If we are lucky, it will shut down the refineries for weeks, maybe months.

  25. bobinget on Fri, 25th Aug 2017 9:01 am 

    With a arb (spread) of $5. looks like ole Harvey will strike Europe and Asia next.

  26. bobinget on Fri, 25th Aug 2017 9:04 am 

    In a way, it’s a good thing Harvey hits on Saturday.
    That leaves entire next week for AGW deniers to
    blame Jew media.

  27. GregT on Fri, 25th Aug 2017 9:45 am 

    Keep us posted Boat, if you are able to.

  28. GregT on Fri, 25th Aug 2017 9:48 am 

    “Took the day off.”

    I would certainly hope so. Are people still going to work?

  29. Go Speed Racer on Fri, 25th Aug 2017 10:32 am 

    “Make sure the Earth’s temperature
    won’t rise by more than 2C”. LOL

  30. bobinget on Fri, 25th Aug 2017 11:08 am 

    This is HUGE:
    S admin sanctions VZ, bars deals w/gvt and PDVSA (article)

    per AP feed on Twitter.

    Story now up:
    https://apnews.com/d8d8ba2e7f804380af4fadba9d38e720?utm_campaign=SocialFlow&utm_source=Twitter&utm_medium=AP

    CARACAS, Venezuela (AP) — The Latest on Venezuela’s political and economic crisis (all times local):

    11:45 a.m.

    The Trump administration has slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA.

    The sanctions Trump signed by executive order Friday are bound to dramatically escalate tensions between Venezuela and the U.S. and exacerbate the country’s economic crisis.

    The White House says in a statement that the measures “are carefully calibrated to deny the Maduro dictatorship a critical source of financing to maintain its illegitimate rule, protect the United States financial system from complicity in Venezuela’s corruption and in the impoverishment of the Venezuelan people, and allow for humanitarian assistance.”

    The new actions prohibit dealings in new debt and equity issued by the government of Venezuela and its state oil company. It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela.

  31. onlooker on Fri, 25th Aug 2017 11:09 am 

    Here is the latest I heard for those who may be in the path. It is expected to hit around the Corpus Christi area around 1am as a Category 3 or 4 hurricane. Storme surges highest around Corpus Christi and San Antonio area. The storm surges projected to be from 6-12 feet. I got this from media outlets of that area

  32. Cloggie on Fri, 25th Aug 2017 11:11 am 

    In a way, it’s a good thing Harvey hits on Saturday. That leaves entire next week for AGW deniers to blame Jew media.

    Nobody denies AGW. Not even Alex Jones denies AGW. So the jew-media can report on Harvey as much as they want and they will, 24/7. And that’s OK.

    https://www.youtube.com/watch?v=SLDgdmaf2TE

    [3:48]

    What is not OK for the Red Media like Clinton News Network is the constant demonization of an democratically elected president and plotting for his downfall or even his assassination.

  33. GregT on Fri, 25th Aug 2017 11:25 am 

    Thanks onlooker,

    I just read the same. Yesterday afternoon they were predicting possible landfall by this morning, now early tomorrow morning. In any event, not good news at all. If Harvey turns out to be as bad as projected, there will likely be widespread devastation.

    Stay safe everyone.

  34. bobinget on Fri, 25th Aug 2017 11:27 am 

    Well, this Davy puts an end to Venezuelan imports
    for remainder of Trump Administration.

    I can joke: “Ya can’t fire me, I quit”
    It’s No Joke.
    Keeping Venezuelan crude was crucial to WTI below $100.

    As for now:
    Russia ALREADY contracted for ALL of Venezuela’s 2017/2018 production.
    New sanctions guarantee no (US) bank will warrant Venezuelan crude.

    This move by Trump will be far more destructive to the US economy then anything he has done up to
    now. I hope it isn’t proven DJT is profiting.
    Russia (and China) have pulled off the biggest
    (18% world oil) energy deal so far this century.

    Canada, in particular Alberta’s oil sands are the big winners.

  35. Cloggie on Fri, 25th Aug 2017 11:35 am 

    Good news for Russia as well as it will be unlikely that US shale gas will be competing with Russian gas on European markets any time soon. The US will neet it for its own purposes. In 2016 the US got 8% of its oil from Venezuela, that’s a lot:

    https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

    https://www.cnbc.com/2017/08/25/trump-signs-executive-order-imposing-strong-new-financial-sanctions-on-the-dictatorship-in-venezuela.html

  36. bobinget on Fri, 25th Aug 2017 11:45 am 

    Boat,
    There’s no point in shorting ‘big oil’ if that was your thought. Short recreational vehicle makers instead.

    As oil relentlessly moves up, ‘big’ oil share values will move with. The big losers will be blue collar Trump voters, a betting on SUV auto industry, workers.

    All concerns over Harvey have blunted today’s
    deadly Friday news sanctions. As will news all week-end covering Harvey’s tragic aftermath.

  37. bobinget on Fri, 25th Aug 2017 11:52 am 

    Cloggie is correct… on this score.
    US oil exports just came to a screeching halt.

    Long term, I won’t invest a dime in shale.
    Even oil sands will be profitable. Suncor also has hundreds of fillin stations & 3 refineries.

  38. Apneaman on Fri, 25th Aug 2017 12:00 pm 

    clog

    “What is not OK for the Red Media like Clinton News Network is the constant demonization of an democratically elected president and plotting for his downfall or even his assassination.”

    OMG, I can feel your outrage through the intertubes. Fucking drama queen.

    First off the assignation thing is more hysterical conspiracy alt right alarmism. Did not the so called comedian lady get crucified for that? How about others who mentioned it?

    Now as for CNN et al hysterics how are they any different than Trump et al ridiculous years long ‘birther’ conspiracy? They are not. Remember the right going batshit crazy hoping to impeach slick Willy?

    It’s America for Christ sake – it’s what they do and they have been slinging mud like this long before TV and Radio were invented. It’s what they do.

    Now the constant demonization of an democratically elected president and plotting for his downfall or even his assassination applies media wide when it comes to other countries – it’s another thing they do (see Ukraine for a recent example). Democratically elected presidents and their own puppet dictators who go off the reservation. It’s what they do. I think you know this, so the question is why all the moral outrage now? Is it because you love your Trump daddy and get all angry when the other kids make fun of him? I don’t know if you have been paying attention, but the ‘Trump the disruptor’ fantasy is over (it was always a fantasy). He is a 100% Deep State bitch now. Only other man children like you would believe that the establishment could be taken down with loud tough guy talk from a 1% er born and bred big baby like him. There is one way and only one way to take away their power. They will lose their power or perhaps blow up the world trying to cling to it, but it’s slipping because of rot and corruption. To defeat them, to usurp them, something like the French or Russian revolution would need to happen – wipe the slate – and it never will in the US. If you understand how revolutions work then you will know why. Time to let your comic book Super Trump fantasies go. Time to grow up clog.

  39. drwater on Fri, 25th Aug 2017 12:17 pm 

    Wake me up again when I can recharge an EV in 5 minutes.

  40. Davy on Fri, 25th Aug 2017 12:19 pm 

    “Well, this Davy puts an end to Venezuelan imports for remainder of Trump Administration. I can joke: “Ya can’t fire me, I quit” It’s No Joke. Keeping Venezuelan crude was crucial to WTI below $100.”

    Bob, oil is fungible internationally traded commodity last I checked. Did something change?

  41. GregT on Fri, 25th Aug 2017 12:23 pm 

    The only way that ‘they’ are ever going to go down, is by ending central bank control. The same goes for the EU, Canada, and the rest of the world., except for Iran, North Korea, and Syria. The 3 axis of evil that refuse to bow down to the cartel.

  42. Cloggie on Fri, 25th Aug 2017 12:28 pm 

    Now the constant demonization of an democratically elected president and plotting for his downfall or even his assassination applies media wide when it comes to other countries – it’s another thing they do (see Ukraine for a recent example)

    OK, so you are putting the US on the same level as Ukraine. Which is correct. It is the same story in that other member of the US empire, namely Holland, where the media plotted and even succeeded in murdering our own Trump, Pim Fortuyn:

    https://www.youtube.com/watch?v=deTKmGGZPWc

    This is the crucial moment where he left the political correct “Leefbaar Nederland” (“Livable Netherlands”) party and began a party of his own, on an openly anti-Islamic platform. Here is what he says in the video:

    “I do not abandon my views, but folks: it’s five to twelve! Not only in the Netherlands but in Europe! And do you want that? I stand for this country! What’s been built here in five, six centuries. We have a fifth column … let me say now everything! A fifth column! Of people who want to bring the country to the downfall, and I’m opposing that! And I say, you can stay here, but you have to adapt!
    No, I have to hear that Allah is great. I’m a dirty pig, you are a Christian dog. They say that, and you’re OK with that. And I’ve been very restrained so far, I’ve never repeated that. But you’re a pushover, and I did not go along anymore.
    And that’s where I will get those seats (in parlament). Because this country is fed-up. C’est ca, I stand for that. And if I have to say that in other words, fine! But it’s about your children, about your grandchildren. What else is it about !? Do I have to say more here !? I can not do anything else. And I will not do anything else. Perhaps I will get killed. Okay, fine. But the problem sir, that remains … that stays!
    People have more than enough. Goddamn, in my city. Moroccan boys, Turkish boys, who do not rob those Turks or rob Moroccans, but you and me, old women. And the police? Wat are they doing? Goddamn nothing Those who say, say, I discriminate. And I say that to the Dutch people. And I stand for it. I stand for it “

    What followed was an unprecedented media campaign (in 2001-2002) all over the board, from left to “right”.

    The result was the assassination. Like with JFK there are still a lot of questions. Many suspect it was a government hit. That the perp, Volkert van der Graaf, a Dutch green-leftist was arm-twisted by the secret service, because he was the suspect of the murder of a civil servant, Chris van de Werken.

    If Fortuyn wasn’t murdered, he would have become the next PM of the Netherlands. And a lot of things would have changed: less EU, no more immigration, borders back, etc. He had magnificent charisma, the entire country was electrified. The despair under the Dutch population was enormous:

    https://www.youtube.com/watch?v=kYV0hz4dquE

    (a few hours after the hit, the Muslims at the end of the video can’t hide their glee)

    Fortuyn was no fan of America, he knew exactly from what corner the multicult was coming that is destroying the West.

  43. paultard on Fri, 25th Aug 2017 12:37 pm 

    tard nazi extremist preacher clog.
    if a nazi is murdered who cares. we should be killing extremist tard preachers now that they failed in charlotteville. the momuments were built by daughters of confederacy. what a scam in claiming a land. i already stated that building something is a scam. this is my own unique understanding of life and i’m happy to pass it on.

    so i’m still passionate about women in combat as a way to fight themselves out of poverty.

    i was a paultard and JFK and my feeling iterseced. he sounded very conservative. but he was just a bombastic dude. in the end he really accomplished nothing except it isn’t for stanley

    here’s something for the never believer. he’s a ghost for the offering. here’s a truck stop instead of saint peter’s (dead)

    https://youtu.be/1hKSYgOGtos?t=173

  44. onlooker on Fri, 25th Aug 2017 12:52 pm 

    Clog, do you believe the Central Bank lending system is the main tool of the Oligarchs or Financial Elite in controlling countries and steering the world to a New World Order or One World Government? In turn this Banking system controlled by the richest families on the planet like the Rothchilds? And that they hijacked the US some time ago and have basically controlled it and controlled its military to do its bidding? If you answered yes to these questions then you are believing exactly what I believe. I hope Trump is the beggining of a rebellion against the NWO or Deep State crowd and I hope you guys in Europe can also succeed. The less power these power hungry people can have the better for every person on Earth.

  45. paultard on Fri, 25th Aug 2017 12:58 pm 

    central bank is how we mitigate human’s negative behaviors. i was a paultard and all i hear is gold gold gold. how stupid and now i’m left holding the bag.

    we also need money to hire women to kill tard extremist preachers.

  46. Cloggie on Fri, 25th Aug 2017 12:58 pm 

    if a nazi is murdered who cares.

    And who decides what a “Nazi” is?
    Some American Red like you?
    The destroyers of European Civilization, the depressed and demoralized serfs of the Jews?

    But you deserve what is coming to you. Karma is a bitch. A century of bombing and murdering will hit you back like a boomerang. The whole world hates you. And that hate will have consequences. For you. But most of all for you overlords, The Big Club. apneaman knows exactly who I mean.

    WW3 will be between Anglosphere and Eurasia.

    See you paultard, this time on US soil.

    So, I am going to make myself a nice cup of coffee and we’ll wait patiently for the Murder of the US Pim Fortuyn, DJT, and the civil war that will result from that and that will initiate the End of The American Era.

    Here is even a CFR Jew who thinks that will happen.

    https://www.amazon.com/End-American-Era-Geopolitics-Twenty-first-ebook/dp/B000XUDGTY/ref=sr_1_1

  47. Cloggie on Fri, 25th Aug 2017 1:03 pm 

    @onlooker

    Yes.

  48. Plantagenet on Fri, 25th Aug 2017 1:12 pm 

    If we are moving away from fossil fuels, then why does the amount of fossil fuels being used on this planet go up every year?

    I agree it would be nice to move away from fossil fuels, but I don’t see any hard evidence in the numbers that it is actually happening.

    Cheers!

  49. GregT on Fri, 25th Aug 2017 1:13 pm 

    It isn’t so much the debt that is bringing the world to it’s knees, but rather the compounding interest on that debt.

    If usury could be brought to an end, there would be no need for continued exponential growth.

    Unfortunately, it is those with the most wealth, who hold positions of power, that would have the most to lose.

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