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WTI Drops Below $60

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Crude oil futures declined again Friday, but the key natural gas benchmark got a late-week boost from a Canadian cold blast.

The December futures price for West Texas Intermediate (WTI) crude oil spent part of Friday below $60 a barrel but managed to settle above that threshold.

After peaking at $60.79 and bottoming out at $59.26, the front-month WTI ended the day at $60.19. Friday’s settlement reflects a 48-cent decline from the previous day. Compared to the closing price for Nov. 2, the WTI is down 4.7 percent for the week.

The January Brent lost 47 cents Friday to settle at $70.18 a barrel. Week-on-week, the Brent is down 3.6 percent.

“An overabundance of bearish factors caused WTI and Brent to continue their decline for the fifth straight week, losing about $17 per barrel in value since then and nearly five percent this week alone,” said Tom Seng, Assistant Professor of Energy Business at the University of Tulsa’s Collins College of Business. “WTI hit a nine-month low and fell for the 10th straight session, while Brent pricing was the lowest since April.”

Seng added that both the WTI and Brent officially entered “bearish” territory on Thursday, having lost 20 percent of their respective values since peaking in October. In addition, he noted that the WTI and Brent on Friday breached their key psychological price barriers of $60 and $70, respectively.

“Fundamentals weighed heavily on the market this week,” continued Seng. “Despite a U.S. stock market that rebounded earlier, stocks were down today and global stocks continued lower on growth concerns. After a mid-week dip, the U.S. dollar rose higher into today, further adding to the downward pressure on WTI.”
Seng also noted that supply news was nearly completely bearish, with U.S. Energy Information Administration (EIA) reports showing:

  • U.S. oil production for last week hit a record high of 11.6 million barrels per day (bpd) while October averaged 11.4 million bpd
  • The seventh consecutive increase in U.S. crude inventories, with a higher-than-expected 5.8 million barrel weekly gain
  • Russia and Saudi Arabia produced record crude volumes in October as well

“Adding insult to injury, rigs in the U.S. drilling for oil increased last week by 12,” continued Seng. “The Trump administration granted six-month waivers to eight countries that will allow them to continue to purchase oil from Iran while they seek other sources.”

December reformulated gasoline (RBOB) futures fell two cents Friday, settling at $1.62 a gallon. RBOB is down two cents day-on-day and 5.3 percent for the week.

“RBOB continues to follow crude oil, falling throughout the week and hitting price levels not seen since October 2017,” said Seng.

A bright spot in energy commodities Friday was the December Henry Hub natural gas futures price, which rose nearly 18 cents to settle at $3.72. For the week, the Henry Hub price is up 13.4 percent.

“Natural gas traded flat for most of the week until today, when prices jumped on a forecast for a blast of cold Canadian air that is expected to lower temps for a large part of the country in the coming days,” said Seng. “While a higher-than-expected injection into storage occurred last week, total inventory remains below both last year (15 percent) and the five-year (16 percent) average.”

In addition, Seng pointed out EIA’s Weekly Natural Gas Storage Report revealed a 65-billion cubic foot (Bcf) injection for last week, leaving total inventory at 3.208 trillion cubic feet (Tcf). The latter figure is the “‘official’ season-ending volume,” he explained.

“Production last week decreased to 87.5 Bcfd while consumption fell to 83 Bcfd,” added Seng. “Exports to Mexico dropped to 4.7 Bcfd while LNG exports increased to 4 Bcfd.”

RIGZONE



84 Comments on "WTI Drops Below $60"

  1. The Prophet on Fri, 9th Nov 2018 7:59 pm 

    Message for The Great Deceiver, DAVY

    Be silenced you wicked WHORE OF BABYLON for ye shall be cast down into the inescapable abode of the damned.

    You may speak an infinite number of Hail Mary’s for it matters not. Penance is unobtainable for your purpose of amendment is FALSE.

    Your fate is sealed, unrecoverable.

  2. The Prophet on Fri, 9th Nov 2018 8:24 pm 

    The messenger matters not . The Great Deceiver, DAVY, employs subterfuge to bury the truthfulness of the written word.

    I COMMAND SILENCE NOW YOUR BLASPHEMY YE UNGODLY, PESTILENTIAL ABOMINATION.

    For the Beast DAVY, abandon all hope.

  3. JuanP on Fri, 9th Nov 2018 9:18 pm 

    I can’t make up my mind whether the lunatic above is Davy or not. The serious lack of mental health reflected in most of the comments here, including my own, has me really worried. Is this a reflection of what is happening in the world at large? I think it is and if this is so then the world is full of people with very serious mental helath issues. God save us! LOL!

  4. JuanP on Fri, 9th Nov 2018 9:20 pm 

    Russia, Saudi Arabia, and the USA are producing at record levels and are the last game in town. When these three peak it’s game over.

  5. Cloggie on Fri, 9th Nov 2018 10:36 pm 

    After the US, there is an entire planet to frack. $60 oil in a world that is growing fast, is an expression of oil abundance, not depletion. There is no peak oil supply, just an abundance of everything, including the cheapest kWh’s around: solar and wind (if you ignore storage).

    At some point, likely before 2030, peak oil demand will be reached and then kiss your Exxon, BP and Shell goodbye.

  6. Theedrich on Sat, 10th Nov 2018 1:13 am 

    But China!  The U.S. is decaying and declining, a process greatly accelerated by the Negroid ex-head of the national fish.  China is vulture № 1 in the feast on the disintegrating body.  The Leftist attacks on Trump, contrary to media lies, are not funded by “popular opinion,” but by the Goldman-Sachs and Wall Street crowd (think Sörös and tribesmen) — “unpaid foreign agents,” in Dr. Navarro’s words — who seek to perpetuate the parasitism of the last three administrations and gleefully exult in the death of the American White middle class.  They deliberately suppress the fact, which President Trump emphasizes, that economic security is national security.

    In an attempt to counter this deadly trajectory, Peter Navarro, Ph.D., Trump’s White House National Trade Council and Office of Trade and Manufacturing Policy (OTMP) Director, and his team have produced a report (viewable at https://www.c-span.org/video/?454297-1/peter-navarro-globalist-billionaires-pushing-white-house-cut-trade-deal-china) and a matrix of China’s Acts Policies and Practices of Economic Aggression, also viewable at 35:05 at https://www.hudson.org/events/1574-white-house-national-trade-council-director-peter-navarro-on-chinese-economic-aggression62018.

    The matrix, which “encapsulates the entire industrial policy of the People’s Republic of China,” is structured as follows:

    China’s Categories of Economic Aggression (horizontal):
    (a) Protect China’s Home Market From Competition & Imports; 
    (b) Expand China’s Share of Global Markets; 
    (c) Secure & Control Core Natural Resources Globally; 
    (d) Dominate Traditional Manufacturing Industries; 
    (e) Acquire Key Technologies & Intellectual Property From Other Countries & the U.S.; 
    (f) Capture Emerging High-Technology Industries That Will Drive Future Growth & Advancements in Defense Industry.

    China’s Acts Policies and Practices of Economic Aggression (vertical)
    1.  Adverse Administrative Approvals & Licensing Processes:  a,e,f
    2.  Antimonopoly Law Extortions:  a,b,e,f
    3.  Bid-Rig Foreign Government Procurement Contracts:  b,d
    4.  “Brand Forcing” — Forced Use of Chinese Brands:  a
    5.  Burdensome & Intrusive Testing:  a,e,f
    6.  Chinese Communist Party Co-opts Corporate Governance:  a,e,f
    7.  Chinese Nationals as Non-Traditional Information Collectors:  b,d,e,f
    8.  Claim Sovereign Immunity on U.S. Soil to Prevent Litigation:  b
    9.  Consolidate State-Owned Enterprises into National Champions:  a,b,c,d,e,f
    10.  Counterfeiting & Piracy Steals Intellectual Property:  b,e,f
    11.  Currency Manipulation & Undervaluation:  a,b,d
    12.  Cyber-Enabled Espionage & Theft:  b,d,e,f
    13.  Data Localization Mandates:  a,e,f
    14.  “Debt-Trap” Financing to Developing Countries:  c,d
    15.  Delays in Regulatory Approvals:  b,d,f
    16.  Discriminatory Catalogues & Lists:  a,e,f
    17.  Discriminatory Patent & Other IP Rights Restrictions:  a,b,e,f
    18.  Dumping Below Cost into Foreign Markets:  b,d,f
    19.  Evasion of U.S. Export Control Laws:  e,f
    20.  Expert Review Panels Force Disclosure of Proprietary Information:  b,e,f
    21.  Export Restraints Restrict Access to Raw Materials:  a,b,c,d,f
    22.  Financial Support to Boost Exports & Promote Import Substitution:  a,b,d,f
    23.  Forced Research & Development (“R&D Localization”):  e,f
    24.  Foreign Ownership Restrictions Force Technology & IP Transfer:  b,e,f
    25.  Government Procurement Restrictions:  a
    26.  Indigenous Technology Standards:  a,e,f
    27.  “Junk Patent” Lawsuits:  e
    28.  Lack of Transparency:  a
    29.  Lax & Inconsistent Labor Laws:  a,b,d
    30.  Monopsony [= “single buyer”] Purchasing Power:  e,f
    31.  Move the Regulatory Goalposts:  a,e,f
    32.  Open Source Collection of Science & Technology Information:  e,f
    33.  Overcapacity Drives Out Foreign Rivals:  b,d,f
    34.  Physical Theft of Technologies & IP Through Economic Espionage:  b,d,e,f
    35.  Placement of Chinese Employees with Foreign Joint Ventures:  a
    36.  Price Controls to Restrict Imports:  a
    37.  “Product Hop” & “Country Hop” to Evade Antidumping & Countervailing Duties:  b,d
    38.  Promise Cooperation on Regional Security Security as Bargaining Chip:  a,b,d
    39.  Quotas & Tariff-Rate Quotas:  a
    40.  Recruitment of Science, Technology, Business & Finance Talent:  b,d,f
    41.  Retaliation & Retaliatory Threats:  b,d,e,f
    42.  Reverse Engineering:  e,f
    43.  Sanitary & Phytosanitary Standards Raise Non-Tariff Barriers:  a,e,f
    44.  Secure & Controllable Technology Standards:  a,e,f
    45.  Security Reviews Force Technology & IP Transfer:  a,e
    46.  Structuring Transactions to Avoid CFIUS Review of Chinese Investment in the U.S.:  e,f
    47.  Subsidized Factor Inputs — Capital, Energy, Utilities, & Land:  e,f
    48.  Tariffs:  a
    49.  Technology-Seeking, State-Directed Foreign Direct Investment:  b,e,f
    50.  Traditional Spycraft:  d,e,f
    51.  Tranship to Evade Antidumping & Countervailing Duties:  b
    52.  Value-Added Tax Adjustments & Rebates Subsidize Chinese Exports:  b,d
    53.  Weak & Laxly Enforced Environmental Laws:  b,d

    But since the unpaid foreign agents seek America’s death by globalization (i.e., mainly subordination to China), there will be no resurrection from the grave if they succeed.

  7. makati1 on Sat, 10th Nov 2018 1:19 am 

    The One World Government is getting closer every day. Russia and China are behind the IMF and their SDRs. The first step to the OWG but the US has to be taken down first. That too is well underway. LOL.

  8. Cloggie on Sat, 10th Nov 2018 1:33 am 

    How can you say that, makati!. One World (under jewish control) has been the purpose of the kosher run deep state for 100 years. It was the reason why the US instigated WW2. But the project failed in Iraq. The kikes admit it:

    https://www.bloomberg.com/opinion/articles/2017-09-27/america-s-new-world-order-is-officially-dead

    Russia and China teamed up and proved to be too strong. Russia defeated the US in Syria. The deep state lost the presidency to an intruder who had Mein Kampf under his bed. Now Europe is going to set up an army “to defend itself against the US”. If the darkies of the Dems are going to try to impeach Trump, they will land themselves into CW2 and the first and last American Pogrom.

    One World government, hahaha.

  9. Cloggie on Sat, 10th Nov 2018 2:11 am 

    In addition to what Theedrich says, China is going to be the next super power and #1, that needs to be balanced or “contained”, as mr X used to call it after WW2. But before that becomes a necessity, we have some time left to “refactor” the white world first, or what is left of it.

  10. GetAVasectomyAndLetTheHumanSpecieDie on Sat, 10th Nov 2018 2:19 am 

    China stealing manufacturing technologies, software, IP and Patent from Western countries is not new. They are not hiding it.

    https://www.youtube.com/watch?v=SGJ5cZnoodY

    I say many time that eventually us Whites will need to kill and exterminate Asian, Indian, Black and Arab. Shit brown skin are too primitive and don’t belong into the modern world. How to exterminate them close the borders and stop sharing research and development with them. We also need to stop admitting shit skin into Western University.

  11. I AM THE MOB on Sat, 10th Nov 2018 2:33 am 

    Clogg

    There will be an oil shortage in the 2020’s, Goldman Sachs says

    https://www.cnbc.com/2018/11/09/goldman-sachs-there-will-be-an-oil-shortage-in-the-2020s.html

    Oh no..Eurasia is the worlds largest oil importer..They are going to be Greece 2.0 total failure..

    LMFAO!

  12. I AM THE MOB on Sat, 10th Nov 2018 2:37 am 

    Clogg

    Posting one oppion article from bloomberg doesn’t prove anything..

    We have Russia already surrounded and ready to engage..After we take them we will have the middle east and Russia..

    All of the worlds remaining oil and gas will be in our hands..You authoritarian loving CHUD

  13. I AM THE MOB on Sat, 10th Nov 2018 2:54 am 

    Theo

    Your post just proves how ignorant you truly are..The UK accused the US of the same things when our economy started to grow larger..

    Keep bootlicking billionaires like Trump..He has made more money for him and his family than any president in US history..Thanks to ignorant white trash like you..

    This is what happens when you fall for fear mongering and nativism

  14. I AM THE MOB on Sat, 10th Nov 2018 2:56 am 

    Look its theo and Cloggs army that is going to defeat the globalist

    https://i.redd.it/upcbyrfx3fx11.jpg

    LMFAO! Whitey has been dumbed down to the max..

  15. Cloggie on Sat, 10th Nov 2018 3:37 am 

    We have Russia already surrounded and ready to engage..After we take them we will have the middle east and Russia..

    Sure thing. After you got your sorry asses kicked in Vietnam, Afghanistan, Iraq and Syria, the world is now open for US conquest.ROFL

    https://www.washingtonpost.com/archive/opinions/1985/05/05/their-wehrmacht-was-better-than-our-army/0b2cfe73-68f4-4bc3-a62d-7626f6382dbd/?utm_term=.a3ca5ab2e6c5

    How dit Pat Buchanan put it again? Ah yes, “Americans are lousy imperialists”.

    Globalist army:

    https://i.redd.it/upcbyrfx3fx11.jpg

    ROFL!

    No morale. You have your current position thanks to the 20 million dead Soviets, you piggy-backed upon in 1944. Easy come, easy go.

    Today France and potentially Russia are on the side of Germany and the rest of Europe. And Russia is allied to China.

    Kiss Anglo-Zionism goodbye. Your two centuries are over. The lucky white Americans will end up in Eurosphere, 1776-rolled-back.

    And if not, enjoy the virtues of Orwell’s Oceania:

    https://documents1940.wordpress.com/2017/09/26/which-future-world/

    The NSA and MI6 and (((Facebook))) and (((Google))) already have all your data and are ready to play Big Brother. Perhaps your tribe will accomplish at least that.

  16. Davy on Sat, 10th Nov 2018 3:48 am 

    “matrix of China’s Acts Policies and Practices of Economic Aggression”

    Great summation of Chinese cheating and bad behavior. IMA that vulgar anti-Americans here champion.

  17. Cloggie on Sat, 10th Nov 2018 3:53 am 

    Thanks to ignorant white trash like you..

    This is what happens when you fall for fear mongering and nativism

    Obviously millikike doesn’t consider himself to be white. What happened to your professed “Scottish heritage”, you kiken liar?

    The whole world is nativist, whether you like it or not, unless of course you are the world’s quint-essential cosmopolitan/communist, namely North-American, the only people in the world without a home and ethnic identity worth mentioning. They never got a chance to grow one, which takes at least 500 years. But the leftist 1968 movement prevented that from happening:

    https://en.wikipedia.org/wiki/Immigration_and_Nationality_Act_of_1965

    Now you have woken up IN a nightmare: CW2, ending either in a balkanized America or millikike’s neo-USSR-of-color.

    The ones with a brain already escaped/prepared their escape route to Manila, Italy, Colombia, Canadian Bush, etc.

  18. Antius on Sat, 10th Nov 2018 3:56 am 

    “Keep bootlicking billionaires like Trump..He has made more money for him and his family than any president in US history..Thanks to ignorant white trash like you..”

    Maybe Millimind should get his facts straight before he mouths off. Being president has been a lousy business opportunity for Trump. He has lost $400million in the past year.

    http://time.com/money/5188095/donald-trump-net-worth-2018/

    Unlike previous presidents, he hasn’t accepted bribe money from Israel, Russia or Saudi. The Clintons got very rich pulling that sort of thing. They have made something like $100million, by giving ‘speeches’. It makes it very difficult for the Demonic party to criticise anyone, anywhere for corruption. Their own defacto leader is a crime lord.

  19. Davy on Sat, 10th Nov 2018 4:05 am 

    Demand destruction – closing in on Peak oil demand

    “Chinese Auto Sales Suffer Historic Collapse; Set For First Annual Decline In 30 Years”
    https://tinyurl.com/ycsnzvfs

    “China was supposed to be the saving grace of the global auto market, pitched by auto makers and analysts as an endless area of opportunity and growth. Instead, China’s October auto sales numbers have been another disaster, a harbinger for an accelerating global slowdown for the industry. Automobile sales were down 12% y/y in October, sliding to 2.38 million, according to the Wall Street Journal. And with this dreadful annual comp, 2018 has now turned negative for overall Chinese auto market. A quick breakdown: passenger car sales fell 13% in the month to 2.05 million, down 8% for the third quarter. Passenger car sales were off 1% for the first 10 months of the year. That puts them down 1% for the first 10 months of the year, on course for their first yearly decline in nearly three decades.”

    “The silver lining were electric vehicles: they were the sole area of growth last month, posting a gain of 51%. For the first 10 months of the year, sales were up 76% to 860,000 fueled by government subsidies and favorable policies, as well as still prevailing novelty. However, keep in mind the sample size is still small enough to barely register.”

    “There could be negative growth.” As noted above, if that happens, it would be the first time since at least the early 1990s that annual car sales in China have contracted.”

    “China could wind up a huge (and somewhat unexpected) contributor to a major global pull back in the automotive sector because it has widely been seen over the last decade as an opportunistic spot for growth by auto makers. For instance, companies like Tesla (of course) have recently cited China as a way to gain a bigger slice of the global auto market. Auto sales in the United States and Europe have already started to plateau or fall, but China was widely seen as a remaining area for opportunity. Obviously, that changes now.”

  20. Davy on Sat, 10th Nov 2018 6:31 am 

    Neder, your hero Macron does not look so good if you dig deeper:

    “As Macron’s Popularity Plummets, France’s Interior Minister Predicts Civil War”
    https://tinyurl.com/yah2j2va

  21. Antius on Sat, 10th Nov 2018 7:11 am 

    Air powered bike.

    https://www.wired.com/2012/11/air-motorcycle/

    Interesting concept. Can do 60 miles on a single canister. Doesn’t say what the charge pressure of the canister is or what size it is.

  22. Cloggie on Sat, 10th Nov 2018 7:54 am 

    Neder, your hero Macron does not look so good if you dig deeper:

    He is NOT my hero, don’t put words in my mouth. I see Macron as a transitional figure to the hard right.

    French deep state Jew Attali predicts Marion Marechal will take over from Macron:

    https://www.youtube.com/watch?v=6bDY-zfQ9wM

    I think that will happen too.

    “As Macron’s Popularity Plummets, France’s Interior Minister Predicts Civil War”

    https://tinyurl.com/yah2j2va

    That is indeed going to happen, but that is not Macron’s fault, but the consequences of decades of insane immigration policies, on orders of the US empire. Just like it isn’t Trump’s fault that CW2 will happen soon in the US.

    Just like Trump has “Mein Kampf” near his bed, I have this book from the French New Right near my bed for 15 years now:

    https://www.amazon.fr/Avant-guerre-Chronique-dun-cataclysme-annonc%C3%A9/dp/291120252X/ref=sr_1_4

    It is one of my top ten books after 2001.

    It describes how the civil war is going to happen in Europe, first and foremost in France. Although I still think that it is going to happen in the US first (or South-Africa before that).

    I have some respect for Macron because he invests in Europe. He recognizes the importance of Russia for Europe (he is a Gaullist). He honored Putin by inviting hem as his first guest with full egards. He tried to develop cordial relations with buffoon Trump. He is the #1 driving force behind the Climate Accords. Unlike the Merkel bitch, he largely kept french borders closed in 2015. Yes, he talks humanitarian, but acts populist. He wants to set up asylum centers in Africa, effectively halting 97% of illegal immigration (Africans predictably do not cooperate, but perhaps Arabs can still be bought into keeping Africans from crossing southern Arab borders).

    Macron is not too bad.

    Regarding the civil war: bring it on, so true Europeans can finally destroy the political left and return to the fifties if not 19th century: restoration of patriarchy and marriage, abolishment of divorce, unrestricted WW1 en WW2 revisionism, integrated pan-European military, abolishment of asylum fir third worlders in Europe and halting all immigration. Official and openly expressed policy that Europe and its nations belong to ethnic Dutch, French, Germans, etc. That doesn’t mean that everybody of the “wrong color” will be thrown out, there is no “wrong color”, but the concept of identity will be reintroduced and registered, in your passport. No foreigners in positions of high government or military. Max. 2 foreigners in the national soccer team. These kind of things. More child money for Dutch than for non-Dutch. For the rest: equality for the law for all. But: “Leitkultur” (“leading culture”). Small mosques only, secularism in public life. Demographic numbers are kept under scrutiny by the government to ensure that foreigners do not become too strong.

    #EuropeForTheEuropeans

  23. Cloggie on Sat, 10th Nov 2018 8:02 am 

    Air powered car:

    https://www.youtube.com/watch?v=uRpxhlX4Ga0

    Range: 125 miles
    Top speed: 70 mph
    Charging times: 2-3 hours (noisy compressor)

    Video 2008. Heard nothing about it since.

  24. Darrell Cloud on Sat, 10th Nov 2018 8:07 am 

    I was in China this summer. They are in overshoot. They are totally dependent on fossil fuels like the rest of us. Their exponential growth was funded by the exportation of the American industrial base. They are peaking. They will go the way of Japan with considerably more chaos. The gulags are already being filled.

  25. Davy on Sat, 10th Nov 2018 8:10 am 

    “He is NOT my hero, don’t put words in my mouth. I see Macron as a transitional figure to the hard right.”
    Neder, he does not look “hard right” to me. He looks like a liberal pervert in the article.

    “That is indeed going to happen, but that is not Macron’s fault, but the consequences of decades of insane immigration policies, on orders of the US empire. Just like it isn’t Trump’s fault that CW2 will happen soon in the US.”
    Come on neder, you Euros can take responsibility for your actions. You are adults aren’t you? Geeze “take order” my ass. Besides France has been independent from the US all along.

    “Just like Trump has “Mein Kampf” near his bed, I have this book from the French New Right near my bed for 15 years now:”
    Trump may have read “Mein Kamp” but I doubt it is by his bed. I think you are exaggerating. Trump wants to speak like Hitler and captivate his crowds (stupid). He is not a Nazi despite what the extremist liberals are saying he is…..as they promote anifa facism.

  26. Darrell Cloud on Sat, 10th Nov 2018 8:19 am 

    This is how we got here. A little over a hundred years ago some bankers put together a scheme that would sever the natural constants on government spending. The scheme was simple enough. The government would be given an unlimited line of credit. The bankers sold this scheme to the politicians of the time. Their price, control of the money supply. The stealth tax caused by inflation was passed on to we the people as a good thing. Our linear minds bought the deception hook line and sinker. The exponential growth of government, the endless wars, the rise of the deep state and the total disassembly of the republic was a direct consequence of this deal.

    The seemingly never ending growth of the totalitarian state should be the cause of great despair except but for one simple law of physics, entropy. The debt construct that underpins the money supply is virtual. It exists in cyberspace. It is not real. It is inevitable. This byzantine construct will unravel at the speed of light.

    What will follow is the absolute freedom of chaos. Look to your own people, their security, and their provisions.

  27. Sissyfuss on Sat, 10th Nov 2018 9:25 am 

    With all the jawboning about political and economic systems that can be resurrected with a few minor adjustments, the macro view renders them as minutiae in comparison to what is transpiring in the physical realm, not in the digital matrix that we inhabit here. We are entering the bottleneck, where overpopulation and the depletion of high quality and once abundant resources lead to an ever more desperate and chaotic existence. Limits to Growth is not a theory to be debated, it is condition being experienced around the planet. The Amazon’s destruction, now assured is an act of desperation orchestrated as a boon to the areas well-being. The mass shootings in the US are of the same desperation as the rise of Trump. We are lost as a species which is neither a pity nor a trajedy, just the reality our time.

  28. makati1 on Sat, 10th Nov 2018 5:50 pm 

    For your weekend reading education:

    “Why the U.S. Military is Woefully Unprepared for a Major Conventional Conflict”

    https://southfront.org/why-the-u-s-military-is-woefully-unprepared-for-major-conventional-conflict/

    “The greatest enemy that the U.S. military has fought for the past seventy years is undoubtedly the military industrial complex that it is an integral component of. The Soviet Union, North Korea, Vietnam, Yugoslavia, Iraq, Somalia, Afghanistan, Yemen, Libya, and Syria were never as much of a threat to the U.S. Armed Services as the corrupt military industrial complex and the Deep State that serves as its guardian….The corrupt military industrial system that permeates every facet of American economic, political and even cultural life has sucked the very lifeblood from the nation, eroded its morality, bankrupt its economic future, and stolen a generation of its most patriotic and selfless sons and daughters.”

    Waste and corruption. Slip slidin…

  29. I AM THE MOB on Sat, 10th Nov 2018 6:49 pm 

    Mak

    We are not unprepared..We are going to destroy Russia soon..The first strike missiles are already on Russia’s border..Locked and loaded!

  30. makati1 on Sat, 10th Nov 2018 7:19 pm 

    MOB, only in your dreams. The US is antique and so corrupt that they cannot build anything that works. Not to mention that most of the critical electronic parts come from China. LMAO

  31. I AM THE MOB on Sat, 10th Nov 2018 7:29 pm 

    Mak do you ever get dizzy from the mental gymnastics required to believe your own bullshit?

  32. makati1 on Sat, 10th Nov 2018 7:47 pm 

    MOB, I am a realist. You are a snowflake. What can I say? LOL

  33. makati1 on Sat, 10th Nov 2018 7:52 pm 

    BTW MOB, this is Saturday evening in the US. You are a young man. Why aren’t you out partying instead of proving your imperial brainwashing has been successful? No life? LOL

  34. I THE MOB on Sat, 10th Nov 2018 7:59 pm 

    Mak

    I went to the bar earlier to watch a college football game..

    Sorry old man, you are the loser, all alone..And I doubt you can even spank your monkey anymore..

    LMFAO!

  35. Davy on Sat, 10th Nov 2018 8:44 pm 

    “I went to the bar earlier to watch a college football game..”

    Imperial brainwashing. Circus for the dumbed down masses. I thought you said you were smart MOB.

    LMFAO at the dumbass!

  36. makati1 on Sat, 10th Nov 2018 8:47 pm 

    MOB, it is about 9:45PM Saturday in the Chicago area and you are home alone. As for your claim of being out this after noon, maybe, maybe not.

    My social life is a lot better than yours. My number of friends here are more than sufficient. I am never “alone”, much as you would like to believe I am.

    Sex is still a part of my life, but it has dropped in priority since my 20s when glands ruled my brain. Sound familiar? There are more important and interesting things in life than sex. Prepping for the future is one of them. Maturity and intelligence is realizing that fact.

    BTW: I doubt that you even read the article about the US Military being worthless. It would require thought and the ability to accept the facts presented. Too painful.

  37. makati1 on Sat, 10th Nov 2018 10:43 pm 

    “…once a Deep State situation has taken over, only a revolution or a dictatorship can turn it around…

    Do you expect they’ll (fellow Americans) be more rational as the Greater Depression deepens? Maybe you think the police and the military will somehow help. Forget it…they’re part of the problem. They’re here to protect and serve their colleagues first, then their employer (the State), and only then the public. But the whipped dog likes to parrot: “Thank you for your service.” Which is further proof that there’s no hope…

    Now, it’s even riskier calling a top in a civilization than the top of a stock or bond market. But I’d say Western civilization peaked just before World War I. In the future, it will be a prestige item for Chinese families to have European maids and houseboys.”

    https://internationalman.com/articles/how-to-survive-the-deep-state/

    “From a personal standpoint, you should preserve capital by owning significant assets outside your native country, because as severe as market risks are, your political risks are much greater. I suggest foreign real estate in a country where you’re viewed as an investor to be courted, rather than a milk cow. Or maybe a beef cow.” BINGO! Done that! ^_^

  38. Cloggie on Sun, 11th Nov 2018 4:50 am 

    Mak

    I went to the bar earlier to watch a college football game..

    Mob’s mother clearly had enough of her marxist misfit and kicked him out as she didn’t fancy having to watch yet another 2 hours of blackball.

    Mob basically admits that he doesn’t have a “hottie girlfriend”, as nobody wants to befriend a sociopath like him, reveling in rape and mass-murder.

  39. Cloggie on Sun, 11th Nov 2018 5:08 am 

    In the future, it will be a prestige item for Chinese families to have European maids and houseboys.

    Sure makati.

    Rotterdam Harbor, early 20th century. Illegal Chinese “Pindaman” (Peanutman).

    “Pinda lekka!” (“Peanuts, tasty!”)

    https://tinyurl.com/yb8t3puh

    Minimium hourly wage:

    https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country

    NW-Europe: $10+
    USA: $7
    China: $1

    European housemaids in China ROFL for 1$/hour!

    First Russian-Chinese commercial airliner in 2023 (with either GE or Rolls-Royce engines):

    http://www.chinadaily.com.cn/a/201806/12/WS5b1f304ba31001b82571fa56.html

    Makati has so little sense of white self-worth that he must either be an American or half-American-half-Asian himself.

    China: one giant #metoo copy cat country with little real innovative strength. Smart and industrious: yes; creative: hardly. An industrial and military force to be reckoned with? Absolutely! Are they going to replace white man? No way. The real danger for European man comes from Washington, not from Beijing. At least not yet.

  40. I AM THE MOB on Sun, 11th Nov 2018 5:31 am 

    Clogg

    Sorry I like normal things like football..I graduated from Michigan..

    I know you wouldn’t like normal things like football..I doubt nazi’s would be welcome..

    You are a social loser, that is why you joined a cult of white nationalist..It gives you something to be apart of because people dont like you.

    And here is a picture of my beautiful girlfriend
    https://imgur.com/a/ppWdK3D

  41. I AM THE MOB on Sun, 11th Nov 2018 5:34 am 

    Ohio man preparing for apocalypse arrested with stockpile of unusual weapons

    http://www.wdam.com/2018/11/09/ohio-man-preparing-apocalypse-arrested-with-stockpile-unusual-weapons/

  42. Davy on Sun, 11th Nov 2018 6:34 am 

    “And here is a picture of my beautiful girlfriend https://imgur.com/a/ppWdK3D

    Does she know you want to kill whities and breed their daughters? Do you grudge fuck her and think about breeding dead whities daughters? She must be real stupid or a real wingdinger warped out like you.

  43. Cloggie on Sun, 11th Nov 2018 7:35 am 

    Germany now has a solarroad too:

    http://www.spiegel.de/wirtschaft/unternehmen/erftstadt-bei-koeln-deutschlands-erster-solar-radweg-oeffnet-a-1237681.html

    …after Holland built one in 2014:

    http://www.spiegel.de/reise/aktuell/solarradweg-in-den-niederlanden-solarzellen-unter-den-reifen-a-998080.html

    https://en.solaroad.nl

    https://en.wikipedia.org/wiki/SolaRoad

    French are thinking really big:

    http://www.wattisduurzaam.nl/5885/energie-opwekken/zonne-energie/krommenie-nu-ook-zonnewegen-frankrijk-en-californie/

    Building company Colas is setting up a factory for solarroads, 1000 km for starters. In the end 8% of French electricity consumption should come from roads.

  44. I AM THE MOB on Sun, 11th Nov 2018 7:56 am 

    Macron at WWI ceremony: “Nationalism is a betrayal of patriotism”

    https://www.axios.com/emmanuel-macron-nationalism-patriotism-donald-trump-f7d318db-ffe8-4225-ae1a-885896e675bb.html?utm_source=twitter&utm_medium=social&utm_campaign=organic

  45. Davy on Sun, 11th Nov 2018 8:01 am 

    “Macron at WWI ceremony: “Nationalism is a betrayal of patriotism”

    Maybe in the 20th century before we reached 7BIL+. Maybe considering the nastiness of nationalism in the 20th century but today people need to protect their borders and respect others. That is just common sense.

  46. Cloggie on Sun, 11th Nov 2018 8:08 am 

    Wilmaaaaaaa!

    Siemens wants to store excess windenergy in STONES:

    http://www.wattisduurzaam.nl/9423/energie-opslaan/megafohn-slaat-windenergie-op-gloeiend-hete-stenen/

    Working temperature: 600C
    Simple steam cycle
    Expected energy efficiency 50%

  47. Cloggie on Sun, 11th Nov 2018 8:11 am 

    P.S.: energy efficiency of 50% id way lower than batteries, but the price of this Fred Flintstone storage system is WAY lower than batteries.

  48. Cloggie on Sun, 11th Nov 2018 8:18 am 

    Offshore wind energy is now so cheap that developers now pay money for the right to develop wind parks.

    Statoil paid $45 million for the rights of the coast of NYC.

    Shell is bidding for a huge offshore project in NC.

    http://www.wattisduurzaam.nl/10539/energie-opwekken/wind/shell-gaat-nu-ook-windparken-aan-britse-en-duitse-kust/

    Oil, yesterdays news.

    Oh and US offshore development is mostly a European party. Glad we finally can do something back for all these US efforts to provide us Euro’s with oil in the 20th century.

  49. Cloggie on Sun, 11th Nov 2018 8:30 am 

    Rollin, rollin, rollin…

    http://www.wattisduurzaam.nl/6195/energie-opslaan/zware-bergtrein-als-megabatterij-dorre-gebieden/

    Heave trains can be used as energy storage system in mounteneous areas. Efficiency better than pumped hydro: 85%

    Pilot: Ares, Nevada, 50 MW
    7 trains, 8600 ton each, track 9 km
    12.5 MWh total storage potential
    Cost 55 million.
    Operational 2019
    Life cycle 40 years.
    Initial impetus: existing hydropower station Venezuela running dry

    It is easy to add capacity by simply adding trains to the existing track. Environmental impact is low compared to hydrodams.

  50. Cloggie on Sun, 11th Nov 2018 8:37 am 

    “Macron at WWI ceremony: “Nationalism is a betrayal of patriotism””

    Macron is defending the EU against anti-EU populists. He has nothing to do with Mob’s insane “One World, no borders” scheme, aimed at destroying whitey.

    F* you, mobster!

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