Is U.S. Energy Independence In Sight?

The International Energy Agency made headlines Monday when it declared in its World Energy Outlook 2017 that the U.S. could be a net exporter of oil within a decade. The IEA also projected that the U.S. is set to become the world’s dominant oil and gas production leader for decades.

Is that a realistic assessment? Is the U.S. on the cusp of achieving energy independence for the first time in nearly 70 years?

A dozen years ago, the notion that the U.S. could achieve energy independence would have drawn scoffs from most energy analysts (including myself). After all, U.S. oil production had been in decline since reaching a peak of 9.6 million barrels per day (BPD) in 1970. By 2005, U.S. oil production had fallen to 5.2 million barrels per day.

But U.S oil demand continued to grow, so crude oil imports soared as production declined. By 2005, net imports of crude oil and finished products like gasoline had reached a record 12.5 million BPD.

U.S. energy security hit an all-time low in 2005, but the situation has changed dramatically since then. Oil and gas drillers had been experimenting with combining hydraulic fracturing with horizontal drilling, and their success ushered in the shale oil and gas boom.

Natural gas production turned upward in 2006 and would rise by 50% over the next decade. Oil production followed in 2009 and added more than 4 million BDP of new production by 2015.

Meanwhile, U.S. crude oil demand, which had exceeded 20 million BPD from 2003 to 2007, ultimately softened in response to rising oil prices. Demand began to decline in 2008, and within five years had fallen by 2 million BPD.

The combination of surging supplies and slumping demand caused U.S. oil imports to begin falling. The new oil supplies from the U.S. shale plays proved to be a bonanza for U.S. refiners, which processed the oil and began to export some of the finished products.

The U.S. became a net exporter of finished products (e.g., diesel, gasoline, etc.) in 2011 for the first time since 1949. Today, the U.S. still imports about 8 million BPD of oil, but we also export approximately 2 million BPD of crude oil and natural gas liquids, as well as more than 3 million BPD of finished products.

The overall effect is that net U.S. imports of crude oil and finished products fell from a high of 12.5 million BPD in 2005 to less than 5 million BPD in 2015. U.S. energy security is at its highest level since the 1980s, but could the U.S. achieve full energy independence?

It depends on how it is defined. Between 2008 and 2014, net imports fell by 6 million BPD at a fairly steady pace. The U.S. was on a trajectory to achieve zero net imports by 2019, which would have effectively meant energy independence. The U.S. would have still imported oil as it does now, but it was on pace to export enough finished products to net out to zero.

Does that amount to energy independence? Some would argue “no,” since we would still import oil in that situation. By that standard, we will never truly be independent because there will always be economic reasons to import some oil even if, at the same time, we export oil and finished products. For example, some U.S. refineries near Canada may always opt for Canadian crude.

But if the metric is that our petroleum exports are equal to or greater than our imports, then that is achievable. Had oil prices not collapsed in 2014, U.S. shale oil production would probably have continued to grow at a rapid pace for several more years. If the trends before 2014 had continued for five more years, and as long as U.S. demand remained relatively flat, then 2019 could have been the year energy independence was achieved.

But the oil price collapse caused U.S. oil production to dip, and net imports trended slightly higher in 2016. U.S. oil production is once again on the rise, but demand is also climbing higher.

Still, the remarkable decline in net imports as the shale oil boom began to pay dividends shows that the notion of energy independence isn’t as far-fetched as it seemed a decade ago. If oil prices gain strength, that should both boost production and make alternatives like electric vehicles more attractive, which would help push the U.S. closer to energy independence.

My verdict on the IEA’s projection? It is certainly possible but will likely require oil prices to rise from current levels.

Robert Rapier, Forbes

140 Comments on "Is U.S. Energy Independence In Sight?"

Cloggie on Wed, 15th Nov 2017 6:17 am 



The International Energy Agency made headlines Monday when it declared in its World Energy Outlook 2017 that the U.S. could be a net exporter of oil within a decade. The IEA also projected that the U.S. is set to become the world’s dominant oil and gas production leader for decades.

Is that a realistic assessment? Is the U.S. on the cusp of achieving energy independence for the first time in nearly 70 years?

Of course the US could become that, the stuff is there. The US could also become the world largest exporter of T-Fords.

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

But… it won’t because the world won’t be interested in the product in the light of climate change.

Perhaps the US will ***relatively*** become the largest producer during the coming decades, in a situation past peak oil demand.

makati1 on Wed, 15th Nov 2017 6:26 am 



If you haven’t read this yet, you should make time to do so. Parts 1 & 2, and see how they are mirroring current events.

“THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS” (PART ONE)

“THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS” (PART TWO)

https://www.theburningplatform.com/2017/11/14/the-unbearable-slowness-of-fourth-turnings-part-two/#more-163450

“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe – The Fourth Turning

Davy on Wed, 15th Nov 2017 6:46 am 



widdle g, mad kat is getting stuff off Zero Hedge and spreading disinformation. WIDDLE G, here is where he got the article:

http://www.zerohedge.com/news/2017-11-14/unbearable-slowness-fourth-turnings

Davy on Wed, 15th Nov 2017 6:49 am 



anti-Americans hate articles like this. mad kat and dumb n dutch it hurts doesn’t it.

Cloggie on Wed, 15th Nov 2017 7:10 am 



anti-Americans hate articles like this. mad kat and dumb n dutch it hurts doesn’t it.

Actually it doesn’t. It would mean one competitor less on world renewable energy markets.

Davy once again shows he is a fake green and gloats about future US fossil fuel burning in an environment where now even Syria has joined the Paris-Accords.

Renewable energy is the future; oil, coal and gas are past glory. This message has not arrived in Missouri yet. Perhaps it never will.

dave thompson on Wed, 15th Nov 2017 7:15 am 



“alternative energy systems alone will not be capable of meeting the baseload generation needs of a developed economy for the foreseeable future,” https://www.greentechmedia.com/articles/read/the-truth-about-renewables-and-storage-in-lazards-cost-analysis

CAM on Wed, 15th Nov 2017 7:31 am 



Someone needs to close the figures. I read that the US is producing (extracting) 9 plus million barrels a day (including bio-fuels and refinery gain on imported oil?). We are importing around 7.5 million barrels a day. We are using 20 plus millions of barrels a day. Does someone have an explanation as to why the figures don’t add?

makati1 on Wed, 15th Nov 2017 7:53 am 



CAM, there is so much lying in the oily industry that most numbers only work if you use the “New Math” where 1 + 1 = whatever number you want.

Davy on Wed, 15th Nov 2017 8:06 am 



“Davy once again shows he is a fake green and gloats about future US fossil fuel burning in an environment where now even Syria has joined the Paris-Accords.”
I am fake green dumb n dutch. I am also honest and real about it. I want to be greener and I KNOW the keys to “real” green. You on the other hand are a real fake green in delusional state of techno optimistic grandeur. You know the stupid Eurotard 100% renewable BS by 2050 shit. No wonder your continent is an underachiever on the world stage. You live in a committee of fantasy. I want to be greener and I am living in that direction. None of us here are real greens if we drive, use a/c, and eat from a grocery store. These are fake green attributes. Real green is seasonal, local, and simple in a “wise” stoicism. You are an old man sitting on his comfy couch in his little Douchtard village preaching how wonderful your life is and how horrible mine is. This type of attitude is a perfect example of a loser.

fmr-paultard on Wed, 15th Nov 2017 8:27 am 



eurotard and supertard, i’m also a fake green. today i’ve already used 1,000,000 BTU in gasoline. This is about 293KWH

Where can i get that much electricity? Suppose i have a 1kw turbine, I would need to run it for 30 hours, maximum efficiency of course.

fmr-paultard on Wed, 15th Nov 2017 8:28 am 



i meant 10

Shortend on Wed, 15th Nov 2017 8:29 am 



FAKE NEWS….when the population goes BACK to 30 million, the native Americans will AGAIN be energy self sufficient.

Cloggie on Wed, 15th Nov 2017 8:34 am 



I am fake green

Finally some honesty.

You know the stupid Eurotard 100% renewable BS by 2050 shit. No wonder your continent is an underachiever on the world stage.

The US doesn’t even try and yet this exceptionalist punk from very rural Missouri opines that Europe is an “underachiever on the world stage”, without backing his insane claims up with any evidence, other than his resentment against board members opposition against that shabby murderous Big Whopper empire of his that is rapidly “advancing” towards its own 1989 and demise.

http://tinyurl.com/y9b76bjg

http://www.chinese-tools.com/jdd/public/documents/photos/jo/2004.fr.gif

I’ll be dancing on the grave of empire and many US deplorables with me.

You are an old man sitting on his comfy couch in his little Douchtard village preaching how wonderful your life is and how horrible mine is.

Any example quote?

Davy on Wed, 15th Nov 2017 8:39 am 



I have more culture under my little finger than your entire body dumb n dutch. I have seen much more of the world and have a much better education. You are just a braggart that acts special. You are just like mad kat a stupid braggart living in a fantasy world where intelligence is selective. LMFAO

Cloggie on Wed, 15th Nov 2017 8:55 am 



I have more culture under my little finger

The only thing you have under your finger nails is goat shit.

have seen much more of the world and have a much better education.

Ah, that must be the reason you always flee with your tail between your legs when history topics are brought up. It is your education!

I taught you much about renewable energy, as you regularly admitted in the past, until I pulled the plug on you, when you gloated about “how America kicked European ass” when you got tired of upholding the lie that you “liberated” us, showing that you know very well it is a lie.

You will soon find out whose ass is going to be kicked next and it won’t be ours. Just read this morning post by “mastermind”, another self-admitted rapist and his assessment of the social situation in America.

tic-toc-tic-toc.

Davy on Wed, 15th Nov 2017 9:03 am 



lookie the braggart when someone brags back to him he gets all wrapped up on himself. LMFAO all morning. You are a fake and fraud dumb n dutch. I moderate and neuter most of your fantasies and the ones I don’t are not worth my time.

JuanP on Wed, 15th Nov 2017 9:12 am 



I hope this glut lasts as long as possible. Where is Plant when we need him? This is a really glutty oil and gas glut that we have in the USA and it keeps getting gluttier by the minute. If prices go up it will get gluttier still. As someone who wants the USA economy to last another 20 years and doesn’t give a fuck about the consequences for the biosphere, I welcome this shale oil and gas glutty glut. Glut, glut, glut!

Mark on Wed, 15th Nov 2017 9:13 am 



This seems to forget that conventional oil production in the US is falling like a rock.
It is correct about pricing though, it’s got to rise to make unconventional oil production profitable.

fmr-paultard on Wed, 15th Nov 2017 9:59 am 



eurotard,

supertards was being openminded so he was curious about your fake green jobs. but as you know my second intention is to destroy alt-tard media and i said SENTAPBs media fell off the face of the earth.

It could mean alt-tard media fatigue that he’s experiencing. which is very good if that’s the case. The more ZH links the worse the fatigue.

When intardweb is gone, MSM will be back with a vengeance. I hate alt-tard media because they destroyed my teeth.

Anyways, just a guess.

joe on Wed, 15th Nov 2017 10:08 am 



And energy independence brings what benefit?
If it’s freedom from making false accusations of wmd in weak third world nations and invading them murdering their people, turning over their leaders to your regional rivals and watching them hang them live on tv and then sending the obviously upset ethnic minority group into a second country to cause carnage cause they cant do it at home and then betray them and try to set up a third brand new country and fail at a that, then no.

paulo1 on Wed, 15th Nov 2017 10:14 am 



I’m just thankful you guys aren’t over for supper!! My God, the comments sound like the movie, Stepbrothers. All that is missing is for someone to rub their balls and someone’s keyboard.

https://www.youtube.com/watch?v=h1mKmTYBF-8

Anyway, as to the article I don’t think it is possible as the consumption rate in the world is 10X the rate of discovery, and the US cannot make up that deficit, plus the decline of shale.

GregT on Wed, 15th Nov 2017 10:36 am 



“widdle g, mad kat is getting stuff off Zero Hedge and spreading disinformation. WIDDLE G, here is where he got the article:”

Sorry to take the excitement out of your little chubbie delusionalist, but even your heroes over at Zeroland have admitted that the article came from the site that Makati1 so kindly provided the link to. Great failed attempt though.

Cloggie on Wed, 15th Nov 2017 10:37 am 



Where is Plant when we need him?

“The Glutser”

@NWR

When intardweb is gone, MSM will be back with a vengeance. I hate alt-tard media because they destroyed my teeth.

You tried to turn the telly on with your mouth??!!

GregT on Wed, 15th Nov 2017 10:43 am 



“I have more culture under my little finger than your entire body dumb n dutch.”

You sound a little confused delusionalist. By culture, Cloggie wasn’t referring to the bacterial kind.

GregT on Wed, 15th Nov 2017 10:56 am 



” I moderate and neuter most of your fantasies and the ones I don’t are not worth my time.”

Delusional AND a nutbar. Your condition continues to deteriorate. Nobody else can help you until you make a conscious decision to get that help for yourself. The longer that you continue to live in your delusional little world, the worse that both your emotional and psychological issues will become. Admittedly though, it is amusing to watch.

Davy on Wed, 15th Nov 2017 10:57 am 



No shit widdle but you say anything from ZH is disinformation. You know it is disinformation if I use them but accurate if your buddy Mad Kat uses it. Most people see a dumbass double standard but not dumb widdle.

Davy on Wed, 15th Nov 2017 11:00 am 



Widdle g, we know you know how to stalk and prick but do you have one intelligent thought in your head? The last real comment you had was your redundant regurgitate of the west exporting it’s emissions to poor widdle Asia. My question to you is are you capable of a comment that requires actual intelligence? Anyone can stalk and prick.

Apneaman on Wed, 15th Nov 2017 11:32 am 



You’re right clog. It was the Canadian forces who liberated the Netherlands.

Apneaman on Wed, 15th Nov 2017 11:34 am 



“Is U.S. Energy Independence In Sight?”

Yes, it’s over the hill at the bottom of the rainbow.

GregT on Wed, 15th Nov 2017 12:05 pm 



“No shit widdle but you say anything from ZH is disinformation. You know it is disinformation if I use them but accurate if your buddy Mad Kat uses it.”

The link that Makati1 provided is here: https://www.theburningplatform.com/2017/11/14/the-unbearable-slowness-of-fourth-turnings-part-two/#more-163450

Even your heroes over at Zero-land state at the top of the linked article that it came from The Burning Platform: ‘Authored by Jim Quinn via The Burning Platform blog’

Davy on Wed, 15th Nov 2017 12:26 pm 



Widdle g, you need to be honest and tell Mad Kat anything on ZH is disinformation or you are basically a liar. You guys are best friends so this issue needs to be resolved. You are accusing him of spreading disinformation this could cause harm to your friendship.

Antius on Wed, 15th Nov 2017 12:43 pm 



“alternative energy systems alone will not be capable of meeting the baseload generation needs of a developed economy for the foreseeable future,” https://www.greentechmedia.com/articles/read/the-truth-about-renewables-and-storage-in-lazards-cost-analysis

Lazard’s LCOE study suggests that LCOE for PV and wind beat all fossil fuels on a kWh generated basis, but that energy storage in batteries appears to blow their costs out of the water.

The second fact shouldn’t be much of a surprise – energy storage in batteries is always relatively expensive. It has always had niche applications where small amounts of reliable electric power are needed in a portable form. There really is no reason to expect these things to ever be supercheap – they are simple devices and it isn’t very easy to continuously improve them. Lazard’s study does not include energy storage costs in the form compressed air, cryogenic energy storage or thermal energy storage. This is unfortunate, because these are much more applicable to grid scale energy storage than batteries ever will be. Also, demand management could ultimately mean that only a portion of wind/solar output need to be backed up at all.

The low LCOE for wind and solar should be taken with a pinch of salt. Since the financial crisis and subsequent drop in oil prices, investment in renewable energy has either levelled off or completely tanked in markets across the world. This has led to a glut in production for solar modules, especially from Chinese state-owned companies that then dump their products onto western markets beneath their manufactured costs. In Europe and the US, auctioning systems have driven down the average price offered to wind energy companies for new wind farms. But this is price, not cost. Many of these companies are struggling with the new pricing regime and have made offers that may ultimately turn out to be unsustainable.

Consider also that it takes about 20 times more steel to produce a KW of wind capacity than a KW of new nuclear. At present, all commodities except gold and silver are facing deflation due to weak global demand. But a rise in their price at some point would substantially ramp up the capital cost of new wind turbines. Consider what it would mean if all steel used in a new wind farm had to be produced using wind electricity.

On the plus side, wind and solar are technologically simple devices. If someone were to come to me tomorrow and ask me to design a 100% renewable energy system capable of meeting baseload power, I could do it with a mixture of wind, solar thermal and thermal energy storage. It wouldn’t be cheap, but I could build it and it would work. But I would be very hard pressed to design a nuclear reactor or a coal burning plant, along with its fuel supply chain, flue gas treatment and ash disposal.

Cloggie on Wed, 15th Nov 2017 12:51 pm 



You’re right clog. It was the Canadian forces who liberated the Netherlands.

Eh no. Canadian serfs of the British empire ensured that the proud independent nation of the Netherlands became part of the US empire. The Germans had never any intention to permanently occupy the Netherlands. [*]

Thanks for the “liberation”, but please don’t do it again.

And now we are going to liberate you back when the US equivalent of the Russian civil war 1917-1922 will be unleashed between the left and right on North-American soil.

[*]

Clog: how many countries invaded the Netherlands on May 10, 1940

Tard: easy-peasy, one, evil Natzie Germany

Clog: Wrong, there were two countries, the Germans at 03:00 AM and the French at 15:00 in the afternoon.

Tard: oh yea, now I remember. The French came to aid of the poor Dutch.

Clog: Wrong again. Do you realize how much time it costs to assess the situation, to mobilize an army and transport it over 500 km. That costs days or rather weeks, but not freaking 12 hours. The truth is that the French (and the British) were planning to attack the German Ruhr area via Holland. This move was preempted by the Germans, hence the German invasion:

On March 20, 1940, Dutch PM Colijn visited London, where he was put under heavy pressure to give up neutrality and choose the side of the British and French. Because of historic ties with Britain, Colijn got week knees and gave in to Anglo-Franco demands.

https://documents1940.wordpress.com/2017/09/27/march-20-1940-dutch-pm-visits-london/

British and French, who were suckered into the war because of American pressure, had to do something. In the same link you can find the justification of the German invasion by German FM von Ribbetrop, as reproduced by the NYT. He was basically correct. Lower in the link you find a document of the French High Command informing lower commanders that the French would be provided by the Dutch with fuel. Hence the Dutch were NOT neutral and the Dutch government deserved what it got. No doubt German intelligence got hold of these documents.

After war, the Dutch government entrusted prof (((Lou de Jong))) to write the entire history of Holland and WW2. Everything is now online:

https://www.niod.nl/nl/koninkrijk

And what did the lying professor admit, 25 years later:

https://documents1940.wordpress.com/2017/09/25/prof-de-jong-holland-wasnt-neutral/

Keep them coming apneaman.

fmr-paultard on Wed, 15th Nov 2017 1:05 pm 



very good eurotard. good hyper revisionism job. a quick look on wiki shows canadians are a minor component of operation Market Garden. US had largest contingent of troops

rockman on Wed, 15th Nov 2017 1:06 pm 



CAM – I track the numbers all time and haven’t found anyone lying. But I do find many confused by incorrect categorizations.

For instance if you pull up the EIA oil import numbers: avg for the first 9 months of 2017: 10.099 million bopd. Where did you get your number? here’s the latest breakdowns from the EIA. Again understand that when the EIA refers to “consumption” that includes oil that is consumed by our refiners whether the products are burned in the US or exported overseas.

https://www.eia.gov/totalenergy/data/monthly/index.php#petroleum

https://www.eia.gov/totalenergy/data/monthly/pdf/sec3_3.pdf

fmr-paultard on Wed, 15th Nov 2017 1:10 pm 



eurotard, i hate revisionism because you’re trying to recruit supertards. You’re doing the same thing as they did to Cambridge Five. If eurotardland is going to colonize america wouldn’t it be best and honorable to cultivate their own talents? My supertards are mine…well they’re ours, meaning america’s.

https://www.youtube.com/watch?v=SjD9v9H2UrU

You think it’s a joke? well he fuhrer ended up roaming all over the list of countries he joked about.

rockman on Wed, 15th Nov 2017 1:12 pm 



CAM – Actually as you see in that pdf the EIA uses the term “Petroleum products supplied”. That includes everyone supplied: domestic and foreign.

GregT on Wed, 15th Nov 2017 1:26 pm 



“Widdle g, you need to be honest and tell Mad Kat anything on ZH is disinformation or you are basically a liar.”

Basically. Right up there with virtually, essentially, nearly, and practically. OK delusionalist, I’ll get right on that. Just for you dear.

“You guys are best friends so this issue needs to be resolved.”

Never met the guy, and likely never will. You, OTOH, have something of the utmost importance in common with Makati1 (in your deranged little mind). You are both Americans, through and through. Although he does have far more experience and wisdom than you do in that regard, and as your elder he certainly deserves your respect. Another one of those childhood lessons that you obviously failed to learn. Right up there with “sticks and stones……”

“You are accusing him of spreading disinformation this could cause harm to your friendship.”

I’m not accusing him of anything. That would be you, but never let reality get in the way of your delusions. You might actually start to feel better again.

Davy on Wed, 15th Nov 2017 2:43 pm 



Antius, keep the great links coming. They are a beacon of reality.

Davy on Wed, 15th Nov 2017 2:45 pm 



Widdle g are you capable of a comment that involves intelligence? We know you are a good stalker and
pricker. We also know you are a whiner like your two other extremist buddies.

Cloggie on Wed, 15th Nov 2017 3:21 pm 



https://www.youtube.com/watch?v=SjD9v9H2UrU

You think it’s a joke? well he fuhrer ended up roaming all over the list of countries he joked about.

The Austrian and representatives in the Reichstag laughed in disbelief. There never had any intention to invade any of these countries. I am not going to write a book, so here a brief summary about the motivation of all these German invasions:

01-09-1939 Poland: The Poles, encouraged by the (alleged) support from UK, F ans US begin to ethnic cleanse Poland from Germans. Germany intervened after more than 100,000 refuges had entered Germany proper.

08-04-1940 Norway: the British had began to mine the entire coast of Norway with the purpose of preventing essential Swedish iron ore to reach Germany. If Germany had not intervened, it would have lost the war before it had really began.

10-05-1940 Holland/Belgium/France: see my post above. The Germans understood they could not escape the war they never wanted. To everybody’s surprise all three countries were overrun within 6 weeks, despite the numerical far superior French numbers (morale thingy). The so-called “miracle of Dunkirk” never was one. The Austrian did all he could to keep casualties low and proposed a European-wide peace (group-hug and everybody go home). Churchill blocked it because he knew that in the end the US and USSR were on his side.

09-04-1941 Greece: Germany had zero interest in occupying Greece or Yugoslavia. Because Mussolini on his own initiative without consulting Germany had attacked Albania and Greece, the neutrality of Greece was nullified, which created the pretext for the British “to come to the aid of the Greeks”. What they really did was using Greece to bomb the only source of oil the Germans had: Ploesti, Romania. Germany was forced to invade Yugoslavia and Greece to prevent running out of oil. With this move the British won three valuable months for the Churchill ally Stalin to complete the mobilization of the Red Army.

22-06-1941 USSR: “peace-loving USSR” is a propaganda myth. The truth is that in the spring of 1941 the USSR was in a state of full mobilization, detected by German intelligence. The Germans didn’t wait to suffer the first blow and struck first.

Now even C-SPAN takes this theory serious:

https://www.youtube.com/watch?v=hLc53JhyFcU

and some US historians:

https://www.amazon.com/Stalins-Other-War-1939-1941-2003-04-16/dp/B01K0RRFPU/ref=sr_1_3

Official WW2 history: one gigantic lie.

fmr-paultard on Wed, 15th Nov 2017 3:31 pm 



please eurotard more hyper revisionism over such nonchalant attitude and callous disregard for neutral neighbors. he also went on to break ribbentroup pact. whatever.

suppose supertards get carried away and bring a “friend” home. what would their wives do?

Do you know what happened to Maria Shriver when the terminator did that?

if you don’t admit the lack of common sense then please go on and try to recruit supertards. i don’t care you only wasting your time with your “temporary” invasion.

the reason supertards send fighter escort is not to say oh russian bombers just got a bit lost. we’ll come up to say hi. No, we are up there ready to blow them off teh sky.

MASTERMIND on Wed, 15th Nov 2017 3:31 pm 



Allow me to throw some cold water on this…

The US Shale Business is “not profitable” and can’t fund itself whether oil is at 100 or 50 dollars a barrel
https://imgur.com/a/Ash9T

MIT Technology Review: Shale Oil Will Boost U.S. Production, But It Won’t Bring Energy Independence
https://www.technologyreview.com/s/507446/shale-oil-will-boost-us-production-but-it-wont-bring-energy-independence/

The world’s largest oil trader Vitol says US oil production will peak in 2018
https://www.reuters.com/article/us-commodities-summit-vitol/u-s-oil-output-may-be-set-for-last-spike-in-2018-vitolidUSKBN1CF1MZ

We Promise an Oil Independent America
https://www.youtube.com/watch?v=RNfZeh6oK-c

Cloggie on Wed, 15th Nov 2017 4:01 pm 



please eurotard more hyper revisionism over such nonchalant attitude and callous disregard for neutral neighbors. he also went on to break ribbentroup pact. whatever.

As I said above, none were neutral. It were the Soviets who broke the pact with their massive mobilization.

But best of all, your own Nuremberg chieftain Justice Jackson basically confirms what I am saying:

http://tinyurl.com/yayl86bm

If eurotardland is going to colonize america

No such luck for you, been there, done that and we are not baby-sitters. What is going to happen is that Americans (left and right) will go at each other throat over the question what the future of America will be: a European majority country or a third world country. Armed conflict is unavoidable. And that will be our European chance to finally get rid of US over-lordship and separate the warring factions and split the country up (Kunstler, Buchanan, Roberts and others hinted already at the possibility of a civil war in the US).

Mission accomplished.

https://www.amazon.com/Suicide-Superpower-Will-America-Survive-ebook/dp/B004YD36HS/ref=sr_1_1

Cloggie on Wed, 15th Nov 2017 4:40 pm 



@Antius – Lazard’s LCOE study suggests that LCOE for PV and wind beat all fossil fuels on a kWh generated basis, but that energy storage in batteries appears to blow their costs out of the water.

Eh no, that is not what the article says:

Given that wind and utility-scale solar already have lower LCOEs than conventional generation, this stagnation might not seem like a big deal. The problem is that neither PV nor wind can be dispatched at will.

However, adding storage to renewables often eliminates the LCOE advantage

Eliminating LCOE advantages is something completely different than your “energy storage in batteries appears to blow their costs out of the water”

Furthermore you article only considers batteries. But nobody in his right mind would consider batteries as the main component of an integral storage solution (mostly car batteries).

Again here the blueprint for a 100% renewable energy base (electricity, transport, space heating) for Germany from the Fraunhofer institute:

https://deepresource.wordpress.com/2017/09/16/blueprint-100-renewable-energy-base-for-germany/

Storage solutions (ranked):

Heat storage: 187 TWh
Power-to-gas: 179 TWh
Biomass: 50 TWh
Batteries: 9 TWh
Pumped hydro: 7 TWh

The Fraunhofer model claims that this model is largely cost neutral.

Full report in German:

https://www.ise.fraunhofer.de/content/dam/ise/de/documents/publications/studies/studie-100-erneuerbare-energien-fuer-strom-und-waerme-in-deutschland.pdf

Apneaman on Wed, 15th Nov 2017 5:18 pm 



clog, are suffering from “fear of pension”?

Euthanasia as a Dutch neoliberal success story

“A completed life in The Netherlands

In 2014, the phrase “completed life” was introduced to the Dutch mainstream through quite extensive reports and subsequent discussions. The phrase was used in relation to a healthy 63 year old man who was euthanized the year before due to “fear of pension”. These, “fear of pension”, were the words used by the psychiatrist who approved the procedure for the man.”

https://medium.com/@flaviadzodan/euthanasia-as-a-dutch-neoliberal-success-story-23c0a1e13940

Ok fellas, let’s pass the hat again and help clog get his “completed life” injection.

Davy on Wed, 15th Nov 2017 5:26 pm 



“The Fraunhofer model claims that this model is largely cost neutral.”

why don’t you explain that BS dutchy. Do you even know what that means?

makati1 on Wed, 15th Nov 2017 5:34 pm 



“A new FBI report indicates that hate crimes committed against white Americans are the fastest growing racial hate crimes in the United States.”

http://dailycaller.com/2017/11/13/fbi-anti-white-hate-crimes-are-the-fastest-growing-racial-hate-crimes-in-america/

What goes around, comes around…

makati1 on Wed, 15th Nov 2017 5:41 pm 



Another country moves away from the Empire and to China.

“US Cuts Funds for Disarming Explosives It Dropped on Cambodia, Phnom Penh Strengthens its Ties with Beijing”

https://www.globalresearch.ca/us-cuts-funds-for-disarming-explosives-it-dropped-on-cambodia-phnom-penh-strengthens-its-ties-with-beijing/5618362

One by one, the US is being isolated.

Davy on Wed, 15th Nov 2017 5:44 pm 



“What goes around, comes around…”

just wait until things get dicy in Manila mad kat.