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Page added on January 5, 2020

2020 Will Be A Crucial Year For Oil

It’s the start of a new year and a new decade, and the oil market is as unpredictable as ever.

Will OPEC+ extend its cuts? Will U.S. shale finally grind to a halt? Is this the “year of the electric vehicle”? Here are 10 stories to watch in 2020.

Shale debt, shale slowdown. The debt-fueled shale drilling boom is facing a reckoning. Around 200 North American oil and gas companies have declared bankruptcy since 2015, but the mountain of debt taken out a few years ago is finally coming due. Roughly $41 billion in debt matures in 2020, which ensures more bankruptcies will be announced this year. The wave of debt may also force the industry to slam on the breaks as companies scramble to come up with cash to pay off creditors.

Year of the EV. Some analysts say that 2020 will be the “year of the EV” because of the dozens of new EV models set to hit the market. In Europe, available EV models will rise from 100 to 175. The pace of sales slowed at the end of last year, but the entire global auto market contracted. EVs may struggle to keep the pace of growth going, but EVs are capturing a growing portion of a shrinking pie.

Climate change. 2020 starts off with hellish images from the out-of-control Australian bushfires. 2019 was one of the warmest years on record and the 2010s was the warmest decade on record. As temperatures rise and disasters multiply, pressure will continue to mount on the oil and gas industry. As Bloomberg Opinion points out, climate change has surged as a point of concern for publicly-listed companies. Oil executives are betting against climate action, but they are surely aware of the rising investment risk. In the past two months, the European Investment Bank is ending financing for oil, gas and coal, and Goldman Sachs cut out financing for coal and Arctic oil. More announcements like this are inevitable.

IMO. Sulfur rules from the IMO kicked in at the start of the year. The rules – lowering sulfur concentration limits from 3.5 to 0.5 percent – affects a 4-mb/d market for marine fuels. Refiners and shippers have used several strategies to comply, including the installation of scrubbers and the ramp up of low-sulfur fuels. Once seen as a looming disaster, the IMO rules take effect with few hiccups, although Reuters reports there are some problems with sediment found in the new fuels.

Oversupply, oversupply, oversupply. Several markets are suffering from oversupply – coal, gas (LNG) and crude oil. While a lot of factors are at play, OPEC+ has a great deal of influence over crude. The glut of natural gas in the U.S. will be harder to correct, and gas associated with crude oil may continue to rise despite the financial wreckage in the shale gas industry. The global market for LNG is also oversupplied, with JKM prices hitting multi-year lows for the time of year. Some analysts have even raised the prospect of cancelled deliveries as spot prices continue to fall.

Renewables continue to grow. Renewables accounted for the majority of new capacity additions in the U.S. in 2019. Energy storage capacity is expected to double in 2020. Some ambitious state-level policies were announced last year, targeting 100 percent renewable energy. Roughly 10 U.S. utilities have announced decarbonization plans. Renewables vastly outperformed oil and gas stocks last year, but with falling costs and policies increasingly favorable to renewables, the future for solar and wind looks bright.

Geopolitical risks persist. The surest of sure bets, geopolitical risk will continue to loom over oil markets. The year started off with a standoff at the U.S. embassy in Baghdad, which follows the U.S. airstrikes a few days earlier. The immediate situation presents little risk to oil supplies, but the incident comes on the heels of unrest in Basra, where much of the country’s oil is concentrated. Beyond that, the crisis in Iraq is really a proxy battle between the U.S. and Iran, a conflict that has once again flared up. Civil war in Libya, sanctions and unrest in Venezuela, and more regional conflict in the Middle East are just a few of the many potential flashpoints in 2020.

Trade war de-escalation. The global economy may have avoided economic recession, with some indicators turning positive in recent months. The tariff reduction between the U.S. and China also points to an easing of economic headwinds. Every twist and turn of the trade war had enormous influence over oil prices in 2019, and the thaw between Washington and Beijing provided a boost at the end of the year. A further de-escalation – or a slide back to confrontation – will exercise enormous influence over commodity markets in 2020.

Shale gas-to-oil ratio. Not only do U.S. shale drillers have financial problems, but operationally, the challenges are also mounting. 2019 saw deflated hopes surrounding well density, with a few high-profile disappointments related to parent-child well interference. There is also evidence that the tendency of shale wells to produce more gas over their lifetimes is a worse problem than previously thought. Meanwhile, the WSJ reported that shale wells are not producing as much as companies once promised. 2020 could offer more unwelcome surprises from the shale patch.

2020 election. While every election is billed as the most important in recent memory, the 2020 U.S. presidential election is. A Trump reelection would ensure unfettered support for the oil and gas industry continues, despite the worsening climate crisis. A possible Democratic victory could see a fracking ban, new regulations and other taxes targeting fossil fuels, while potentially massive support for renewables. A lot is on the line.

By Nick Cunningham of Oilprice.com

100 Comments on "2020 Will Be A Crucial Year For Oil"

print baby print on Sun, 5th Jan 2020 7:05 am

The best part is Oversupply, oversupply, oversupply oh what coal under the ocean ? Humans are incredible creature

Shortend on Sun, 5th Jan 2020 8:24 am

2021 will also be a crucial year
2022 will also be a crucial year
2023 will also be a crucial year
2024 will…..ect

Cloggie on Sun, 5th Jan 2020 9:23 am

Where would we be without Australia, I’m asking you?

https://www.independent.co.uk/life-style/gadgets-and-tech/news/iphone-battery-charge-issues-life-smartphone-lithium-sulfur-a9268161.html

“’WORLD’S MOST EFFICIENT BATTERY’ CAN POWER A SMARTPHONE FOR FIVE DAYS”

Remember this keyword: lithium-sulfur.

“Lithium-sulfur breakthrough offers radical new energy storage solution”

“Researchers have developed a new battery they claim can power a phone for five continuous days, or allow an electric vehicle to travel more than 1,000km without needing to recharge.”

Richard Guenette on Sun, 5th Jan 2020 9:26 am

One of history’s worst psychopaths was Winston Churchill. He had blood on his hands. He was the neocon/Zionist of Britain. The Khazarian Mafia is already being exposed.

Robert Inget on Sun, 5th Jan 2020 11:32 am

ON TOPIC:
1) Oil is a crucial in war. In point of fact, most wars are fought over access to oil.

2)
https://www.usatoday.com/story/news/world/2020/01/05/iraq-expel-us-troops-iran-gen-qasem-soleimanis-killing/2817992001/

Trump just sent 3,500 additional troops to Kuwait.
About 5,000 altogether since we began bombing
Iranian backed Iraqi militias.

Burning question: Since we know Trump won’t back down for fear of losing RW base support, will Iran?
I believe we will know more within 24/4 hours.

We should expect proxy attacks on infrastructure.
(rather than direct human slaughter)
Almost ASSUREDLY DIGITAL hacking.
Next, banking (soft target given our debt situation).

EXPECT the Gov to begin blaming Democrats for Global Warming, run-away inflation
for high wheat, corn, gasoline prices.
(how bout that?)
If there’s No Congressional Intervention in the next few days, we are in for a long painful war with No Goals, No Strategy, No Endings.

Finally, When SPR is exhausted, What Then?

Robert Inget on Sun, 5th Jan 2020 12:18 pm

https://www.zerohedge.com/geopolitical/iranian-hackers-take-down-us-government-site-after-dhs-warns-lone-wolf-terrorists

Hacking war, just getting started.

I AM THE MOB on Sun, 5th Jan 2020 12:19 pm

Poll: Most people in Finland gloomy about the future

“Some 60 percent of respondents said the world as well as the European continent were headed in a bad direction.”

https://yle.fi/uutiset/osasto/news/poll_most_people_in_finland_gloomy_about_the_future/11144740?origin=rss

Cloggie on Sun, 5th Jan 2020 12:58 pm

“Finland: Still the happiest country in the world (says UN report)”

https://yle.fi/uutiset/osasto/news/finland_still_the_happiest_country_in_the_world_says_un_report/10698146

Cloggie on Sun, 5th Jan 2020 1:01 pm

The ugly two-legged pudding and typical leftie Michael Moore had it right the last time and will be right again:

“Michael Moore predicts Trump will win reelection“

https://www.youtube.com/watch?v=RVhGOS5tW8Y

Four more years!

Richard Guenette on Sun, 5th Jan 2020 2:55 pm

Americans have been lied to and easily manipulated by their OWN government for more than a century. America is a dangerous country.

Cloggie on Sun, 5th Jan 2020 5:18 pm

New Lithium-Sulfur battery from Australia. Car battery range 1000 km, 5 days smart phone:

https://deepresource.wordpress.com/2020/01/05/lithium-sulfur-battery-breakthrough/

Cloggie on Sun, 5th Jan 2020 5:39 pm

Everything screaming for shifting down industrial civilization from fifth to third gear:

https://edition.cnn.com/style/article/honjok-south-korea-loner-culture/index.html

“Photographers capture the rise of South Korea’s ‘loner’ culture”

Family life destroyed, environment destroyed. All the highly advanced nations are suffering from total mobilization of the entire population for production of “stuff” and over-tourism.

Less is more.

Robert Inget on Sun, 5th Jan 2020 8:20 pm

https://www.zerohedge.com/geopolitical/trump-says-us-will-not-leave-iraq-unless-billions-air-base-are-repaid

With Trump, it’s always transactional.
One trillion $ down the tubes. (just in Iraq)
18 Years ago:
Men going to Afghanistan got in some last minute sex. If their wives or GF’s got pregnant, those babies
can now sign up to fight in Iraq or Iran or North Korea.. I’ll bet you forgot NK.

If trump nukes Iran?

JuanP on Sun, 5th Jan 2020 8:31 pm

A senior Iraqi official told Axios that many Kurdish and Sunni members of parliament, who tend to be more supportive of the U.S. presence in Iraq, did not attend the vote to expel the U.S. presence.

“This is a temporary victory for the parties which are pro-Iranian,” the official told Axios. “But it’s also a clear message from the Sunnis and from the Kurds [who didn’t vote] and from some Iraqi Shia for the Americans to tell them we want you to stay in Iraq.

Robert Inget on Sun, 5th Jan 2020 8:35 pm

Here’s the skinny on nukes.
Bombing Iran’s nuclear sites with CONVENTIONAL weapons releases latent radio-activity that will spread around the world in just a few months.
IOW’s single handed, after an exchange, just like in a James Bond film Trump destroys the planet for humans and most warm-blooded animals.
The good news, He won’t get us all.
ly to
The rich and powerful will flee DC, NYC, LA, Seattle and fly down to New Zealand. most have homes.

JuanP on Sun, 5th Jan 2020 8:37 pm

Robert, you being overly dramatic. Chill man

Davy on Sun, 5th Jan 2020 8:51 pm

“But it’s also a clear message from the Sunnis and from the Kurds [who didn’t vote] and from some Iraqi Shia for the Americans to tell them we want you to stay in Iraq“

That’s write JuanP. We only killed a million Iraqis so far, in our war based on lies. The rest of the Iraqis are all lining up cus they want to be murdered to.

Yer so stupid JuanP.

JuanP is stupid.

Davy on Sun, 5th Jan 2020 9:13 pm

“Trump Says “US Will Not Leave” Iraq Unless Billions For Air Base Are Repaid, Threatens Baghdad With “Very Big” Sanctions”
https://tinyurl.com/ra83q4w zero hedge

“Just hours after Iraq voted to expel US troops stationed in Iraq, Trump made it clear that he has no interest in vacating the nation that has been a stalwart US military outpost in the middle east for nearly two decades ever since it was invaded by, well, the US in search of non-existent weapons of mass destruction, and speaking to reporters on Air Force One said “we’re not leaving” unless Iraq “pays us back” for a US air base built in Iraq.”

“We have a very extraordinarily expensive air base that’s there. It cost billions of dollars to build. Long before my time. We’re not leaving unless they pay us back for it.” Trump told the AF1 reporter pool.”

“That, however, wasn’t enough, and Trump also made it clear that that in addition to billions in reimbursements, unless the US left on a “very friendly basis”, the US would hit Iraq with “very big” sanctions like “they’ve never seen before ever.”

“If they do ask us to leave, if we don’t do it in a very friendly basis. We will charge them sanctions like they’ve never seen before ever. It’ll make Iranian sanctions look somewhat tame.”

Trump is the bestest. We should nuke the entire middle east. Ungrateful cunts.

GO TRUMP!

full woke supremacist muzzie jerk low english i knew some wrong when a pretty little white girl ran to a black man arms dead giveaway deeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeed giveaway on Mon, 6th Jan 2020 1:20 am

Y o Y muzzies eat croissants?
whitey supertard sobieski roasted muzies at gates of vienna and make a half moon croisant to celebrate. croissant is for celebrating roasting of muzzies. all victories to (((supremetard)))

muzzie suleimani is a dead mzzie. muzzie died like a dog. why whitey supertard trump not using low english? i’m puzzled

full woke supremacist muzzie jerk maximum low english i knew some wrong when a pretty little white girl ran to a black man arms dead giveaway deeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeed giveaway on Mon, 6th Jan 2020 1:24 am

Davy on Sun, 5th Jan 2020 9:13 pm
thank you supertard, the only reason you against whitey supertard trump nuking muzzies is i going to have 1,000,000 that’s meeellllion acres. and you don’t want me to have more than 10,000 acres you have in ozark.

Cloggie on Mon, 6th Jan 2020 3:18 am

In Germany a third overhead line highway test system for trucks has become operational:

https://deepresource.wordpress.com/2020/01/06/siemens-ehighway-2/

“Siemens eHighway”

Fossil fuel is for dummies.

print baby print on Mon, 6th Jan 2020 3:56 am

Any real break through will be on the mainstream media 24-7 and still it is to doubt?

JuanP is stupid on Mon, 6th Jan 2020 5:46 am

Nightly stupid aren’t you impressed!!

This is from stupid:
full woke supremacist muzzie jerk maximum low english i knew some wrong when a pretty little white girl ran to a black man arms dead giveaway deeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeed giveaway said Davy on Sun, 5th Jan 2020 9:13 pm thank you supert…

Davy said “Wow this is great” https://www.tiktok…

Davy said “Trump Says “US Will Not Leave”…

Davy said Mak doesn’t have a hard on fer Amerikans JuanP. He…

REAL Green said We need to see the docter JuanP. REAL Bad like.

Davy said “But it’s also a clear message from the Sunnis and…

Cloggie on Tue, 7th Jan 2020 5:58 am

“Denmark Passes Magic 50% In Renewable Electricity Generation Milestone”

https://cleantechnica.com/2020/01/05/denmark-passes-magic-50-in-renewable-electricity-generation-milestone/

47% from wind.

Davy on Tue, 7th Jan 2020 6:06 am

Denmark is a postage stamp country smaller than New York City with population and GDP. Denmark dwells in a greater Europe it feeds upon for support. Get back to me when they are all electric renewable and self sufficient.

Cloggie on Tue, 7th Jan 2020 6:19 am

“Denmark is a postage stamp country smaller than New York City with population and GDP. Denmark dwells in a greater Europe it feeds upon for support. Get back to me when they are all electric renewable and self sufficient.”

Smallness is not an argument.

It were big countries like the US that developed the oil society and all its aspects. It is a small country like Denmark without resources that develops wind energy.

Denmark is just as smart as my Holland and even smaller. The sole reason why Denmark is leading the pack and Holland is trailing in Europe is because Holland had a huge natural gas reserve where Denmark had none.

THAT and nothing else is the reason why Denmark is shining with wind, Holland not yet (although we currently build the largest 1.5GW offshore wind park in the world) and the US is trailing within the developed world.

And just like tiny Norway beats the US in the Olympic winter games gold medal table, Denmark beats the US in wind energy. Because it is MOTIVATED. The US doesn’t shine in wind, not because it couldn’t, but because it wants to clamp itself to the past fossil fuel glory, the single most important factor behind the smashing geopolitical success in the 20th century.

In this case, size doesn’t matter. The US is stuck in the past. Just like Britain, but I digress.

Just read the majority of the posts on this US-centric forum: no renewable energy enthusiasts. “not dense enough”, “extension of fossil fuel”, “only 2% world-wide”, etc., etc.

All BS non-arguments. It is cold water fear. The fear to get out of your fossil-based comfort zone.

Cloggie on Tue, 7th Jan 2020 6:33 am

Donald Trump “lecture” on wind energy:

https://www.youtube.com/watch?v=ec9P3C1OXqE

“Donald Trump delivered a series of rambling and often nonsensical remarks about windmills on Saturday. Speaking to young conservatives in West Palm Beach, Florida, the US president said: ‘You know, I know windmills very much. They’re noisy. They kill the birds. You want to see a bird graveyard? Go under a windmill some day. You’ll see more birds than you’ve ever seen in your life.’ He then went on to talk about toxic fumes ‘spewing into the air’ and express concerns about the aesthetics of wind turbines before finally labelling himself ‘an environmentalist’”

Davy on Tue, 7th Jan 2020 6:43 am

“Denmark is a postage stamp country” “Smallness is not an argument.”
Sure it is cloggo, when moderation is needed of fraudulent agenda of distortions and embellishiments

“It were big countries like the US that developed the oil society and all its aspects. It is a small country like Denmark without resources that develops wind energy.”
AH, the cloggo want to use big numbers or small numbers to make his point. In this case Denmark is a country but in another example, he will use Denmark in the context of a United States of Europe. With the cloggo you got to moderate this shit

“Denmark is just as smart as my Holland and even smaller. The sole reason why Denmark is leading the pack and Holland is trailing in Europe is because Holland had a huge natural gas reserve where Denmark had none.”
Sole reason? Lol. The cloggo is also good at simplifications that are a joke.

“THAT and nothing else is the reason why Denmark is shining with wind, Holland not yet (although we currently build the largest 1.5GW offshore wind park in the world) and the US is trailing within the developed world.”
Bullshit

“And just like tiny Norway beats the US in the Olympic winter games gold medal table, Denmark beats the US in wind energy. Because it is MOTIVATED. The US doesn’t shine in wind, not because it couldn’t, but because it wants to clamp itself to the past fossil fuel glory, the single most important factor behind the smashing geopolitical success in the 20th century.”
Show the numbers cloggo. You act like the US has no wind. Who is coming on strong with wind?

“In this case, size doesn’t matter. The US is stuck in the past. Just like Britain, but I digress.”
Bullshit again. Many you stink

“Just read the majority of the posts on this US-centric forum: no renewable energy enthusiasts. “not dense enough”, “extension of fossil fuel”, “only 2% world-wide”, etc., etc.”
I use more renewables than you do. I post more renewable comments than you do.

“All BS non-arguments. It is cold water fear. The fear to get out of your fossil-based comfort zone.”
I am realistic and you are delusional, cloggo

Davy on Tue, 7th Jan 2020 6:46 am

“Donald Trump “lecture” on wind energy”

President don’t impact energy policy much, cloggo. the US is not like eurotardland where policy is so powerful. The US has more free market forces that push investments based upon ROI in the market place. both systems have there good and bad points.

REAL Green on Tue, 7th Jan 2020 6:59 am

“Energy Storage 2020: It’s Not Just About Lithium-Ion Batteries Any More”
https://tinyurl.com/yj23x4c5 clean technica

Sulfur Flow Batteries
Electricity to hydrogen
Zinc-bromine flow batteries
Thermovoltaics
Electricity to magnesium manganese
Electricity to heat
Pressurizing water underground
Liquid Air Energy Storage

REAL Green on Tue, 7th Jan 2020 7:25 am

“Let The Economists & Researchers Speak — How Do We Fund A Clean Energy Future?”
https://tinyurl.com/yzo4ugc5 clean technica

“We at CleanTechnica have been looking at the various 2020 US Democratic candidates for president (here, here, and here) and their funding plans for a clean energy future. We (and they) have learned a lot about what it will take to not only usher in an energy future devoid of fossil fuels but also to pay for such a transition. Maybe it’s time, though, to put at least some of the politics aside and see what economists and researchers out there are saying about investing in clean energy, including the Green New Deal (GND).”

“They argue that financial affordability cannot be an issue for the sovereign US government. Rather, “the problem will be inflation if sufficient resources cannot be diverted to the GND.” Anti-inflationary measures, such as well-targeted taxes, wage and price controls, rationing, and voluntary saving would be necessary. These researchers recommend deferred consumption as the first choice should inflation pressures arise and conclude deferring a small amount of consumption will be sufficient to attenuate them.”

“In a framework called Modern Monetary Theory, she argues that “bigger deficits wouldn’t wreck the nation’s finances.” Instead of a mindset that says “anything ambitious requires a score from the Congressional Budget Office,” she says that we should “we should think of the government’s spending as self-financing since it pays its bills by sending new money into the economy.” Instead of “fruitless battles over the debt ceiling,” the US could use the deficit against the climate crisis and the associated social perils of inequality, poverty, and economic stagnation.”

“It’s Simple: Make the Fossil Fuel Companies Pay for the Havoc They’ve Wreaked”

“Final Thoughts Maybe we should just put all the angst aside and suggest, as Robert Hockett does in Forbes, that “we’ll pay for it just as we pay for all else: Congress will authorize necessary spending, and Treasury will spend. This is how we do it – always has been, always will be.” Rather than thinking of it as money that the US holds first, then spends later, federal spending is what brings that money into existence. Hockett asks, “The relevant question, rather, is what limits, if any, there are on the promises we can make and fulfill?” The promises our elected leaders make to us as our representatives in government is to keep us safe from harm and to use our tax dollars in ways that are measured, accountable, and prudent. “If instead you are frightened, financially untutored, or cavalier about our economy or our planet,” Hocket asks, and I agree, “please buck up, wise up, and suit up. It is time to say game on for the Green New Deal.”

REAL Green on Tue, 7th Jan 2020 7:25 am

Not only is FAKE Green dellusional on the technology applied to the planetary predicament they are delusional on how to pay for it. It is probably the case that the biggest delusions of techno optimistic FAKE greens are the ROI’s of it all. FAKE greens just maneuver around this economic trap with all kinds of great marketing tools for those who have never made a dime in their life or run a business. These types of people have received a pay check to specialize in a narrow field. They have never had to take multifaceted business risk that could mean failure. The finances of the world are already bifurcating meaning they are no longer as they once were. Price discovery of the allocation of scarce resources to productive activity is now adapted with easing and repression of markets and rates. This has initiated bubbles that must be sustained or else cascading drops in economic activity are likely. You don’t double down on this and at the same time kill the bubbles and expect vigorous economic activity to build out an imaginary Green New Deal.

Green Socialism is delusional and just another wealth transfer scheme. You can’t have your cake and eat it. If you want vigorous economic activity to build out a massive effort you can’t destroy the status quo economy. This is what green socialists think. They think don’t worry how it will be paid for because it will. They are habituated with both techno optimism and long-term economic growth that has been remarkably stable for a century. This is a new time of overshoot and decline that will not allow such a radical plan. It is likely many of their ideas will be embraced anyway because we are sliding into stagflation and debt distress. Rates will have to go negative and assets purchased to keep financial markets buoyant. If not what you get is financial corrections from loss of confidence. A Green New Deal will just accelerate this decline of economic health for dubious techno optimistic ends. REAL Green is for proper application of green technologies but with a gate keeper that primarily limits them to a narrow range of good practices and applications. Realgreenadaptation.blog

REAL Green on Tue, 7th Jan 2020 8:17 am

The REAL reason REAL Green is embracing advanced technologies in his monestary of doom is because REAL Green is in fact FAKE Green. Absent economies of scale REAL Greens FAKE Green advanced technologies have a REAL limited life span.

I AM THE MOB on Tue, 7th Jan 2020 8:40 am

Rammstein’s guitarists kiss onstage during Russia performance to protest anti-LGBTQ laws

https://thehill.com/blogs/in-the-know/in-the-know/455623-rammsteins-guitarists-kiss-on-stage-during-russia-performance

I AM THE MOB on Tue, 7th Jan 2020 8:49 am

ICE Detention Center Captain Was on a Neo-Nazi Website and Wanted to Start a White Nationalist Group

https://www.vice.com/en_us/article/y3mg9x/ice-detention-center-captain-was-on-a-neo-nazi-website-and-wanted-to-start-a-white-nationalist-group

majece majece on Tue, 7th Jan 2020 11:29 pm

It means a lot for national economy so I even wrote about it in my National Honor Society Essay. On https://essaybakery.co.uk/blog/national-nonor-society-essay I found useful info about it

Davy on Thu, 9th Jan 2020 5:52 am

“Crude Oil Production”
https://tinyurl.com/ugj7mxg eia

May-19
12,113
Jun-19
12,060
Jul-19
11,823
Aug-19
12,385
Sep-19
12,484
Oct-19
12,655

Cloggie on Thu, 9th Jan 2020 6:16 am

2019 was the warmest year in European recorded history:

https://www.spiegel.de/wissenschaft/europa-2019-war-das-waermste-jahr-a-f3961c6e-b8f2-4811-90b0-5c0dcf0f8d39

Worldwide it was 0.6C above long-term average 1981-2010.

Over the past 5 years it was 1.1-1.2C above pre-industrial levels.

EU-data from the Copernicus satellite program is in line with WMO-findings.

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

#KillOil

peakyeast on Thu, 9th Jan 2020 7:26 am

It was the second wettest year on record in Denmark. Absolutely pathetic excuse for a year. 0.3mm from breaking the record. The spring, summer, autumn was lousy while the winter has been fairly normal, but slightly warmer.

Cloggie on Sat, 11th Jan 2020 3:09 am

This just in, “my club” got a big subsidy from the province of Brabant and several enterprises to investigate the potential breakthrough role, metal powder could play as a storage mechanism for renewable electricity:

https://www.ad.nl/eindhoven/miljoen-euro-subsidie-voor-metal-power-tu-e-studenten~a0d8b2c7/

https://deepresource.wordpress.com/2019/01/18/metalot-campus/

https://deepresource.wordpress.com/2019/01/20/nyrstar-the-next-royal-dutch-shell/

It’s happening in Eindhoven folks, the new Silicon Valley of IT-hardware and renewable energy storage technology!LOL

https://www.ed.nl/economie/eindhoven-in-wereldwijde-top-20-als-het-gaat-over-inclusieve-welvaart~aafd9587/161216985/

Eindhoven #19, out of the blue.

And then there is hydrogen: converting the output of a state-of-the-art huge 10 MW Eifel tower-sized wind turbine in a hyper-efficient electrolyzer with the size of a fridge, thanks to nano-technology:

https://deepresource.wordpress.com/2019/11/19/breakthrough-in-electrolyzer-technology/

Iron, hydrogen or both. Once we’ve got this to work, nothing will stand in the way of total victory of renewable energy world-wide.

Cloggie on Sat, 11th Jan 2020 5:22 am

“Five reasons why you SHOULDN’T buy an SUV – from being too big for width restrictions to poor fuel economy”

https://www.dailymail.co.uk/money/cars/article-7870199/Five-reasons-SHOULDNT-buy-SUV.html

1. SUVs have relatively poor fuel economy
2. SUVs don’t handle as well as hatchbacks
3. Some SUVs are too big for width restrictions
4. SUVs emit more CO2
5. SUVs tend to be among the least reliable cars

More Bullshit on Sat, 11th Jan 2020 5:29 am

more cloggo BS

“1. SUVs have relatively poor fuel economy”
It depends on how they are used

2. SUVs don’t handle as well as hatchbacks
Depends on where they are driven

3. Some SUVs are too big for width restrictions
Depends on where they are driven

4. SUVs emit more CO2
Depends on how they are used

5. SUVs tend to be among the least reliable cars
Bullshit

REAL Davy on Sat, 11th Jan 2020 5:32 am

More Goatshit. I love goatshit. It helps lubricate things, if you get my meaning.

JuanP on Sat, 11th Jan 2020 5:37 am

Tammy Bruce: Chelsea Clinton is worth big bucks — Here’s how she managed to make all that money
Before Hunter Biden, the son of former Vice President Joseph R. Biden, got his strange but lucrative deal to sit on the board of energy company Burisma Holdings in Ukraine to the tune of $50,000 a month, there was Chelsea Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton. She was similarly rewarded with jobs and board positions that had absolutely no relationship with that young woman’s interests, life, education or any perceived expertise. All of this has racked up to what the New York Post reported back in 2015 was an estimated net worth of $15 million for the then-34-year-old. More recently, Barron’s, the finance newspaper, revealed that Chelsea Clinton has now reaped $9 million from a corporate board position. In 2011, while her mother was still secretary of state, she was appointed to IAC/Interactive, an Internet investment company. She receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, according to Barron’s. For time immemorial Americans have asked how it is that politicians manage to get filthy rich in “public service.” Now, their children are also getting rich riding those coattails and exposing just how money gets distributed among the swamp. Consequently, Chelsea Clinton reported in December of last year her holdings ballooned to $8.95 million. In 2017, Chelsea Clinton was also named to travel site Expedia’s Board of Directors. Because she’s a … business genius? A travel genius? An investment prodigy? The Hill reported that position “typically earned $250,000 in 2015. … Both IAC and Expedia are controlled by Barry Diller, the business and television mogul, who is a friend of Hillary Clinton.” In 2011, the same year she joined the IAC board, Chelsea signed with NBC News as a “special correspondent.” Politico reported she was rewarded with $600,000 a year to do what ended up being occasional fluffy feature stories. The New York Post noted, “one was a creepy voiceover interview with the Geico gecko. Chelsea is such a special correspondent, she’s done just 14 stories in two years and seven months for a total of 58 minutes of airtime. …” Vanity Fair crunched the numbers and found, after she parted ways with NBC News in 2014, she ended up making $26,724 per minute that she appeared on the network. But the corporate nepotism benefitting Chelsea Clinton wasn’t limited to Mrs. Clinton’s time as secretary of state and the lead-up to her doomed second run for president in 2016; it started much earlier — the lead-up to her doomed run for president in 2008.

The Economist on Sat, 11th Jan 2020 5:42 am

“U.S. Corn Crop Is Now 92% Genetically Modified”
https://tinyurl.com/srfkhx3 bloomberg

“How much does crazy weather matter anymore to crop production? That’s the question grain traders are scratching their heads over after fresh data showed U.S. farmers churned out another bumper harvest despite some of the wildest growing conditions in years. Under pressure from soggy fields, late planting and bouts of early winter weather, American corn and soy plants proved resilient thanks largely to advances in genetically-modified seeds, precision tools and inputs such as fertilizers and pesticides. In its critical monthly crop report, the U.S. Department of Agriculture on Friday raised yield estimates for both crops. That defied expectations from analysts who, on average, predicted a drop. “We struggled this year — we had a lot of issues with too much water,” Matt Bennett, an Illinois farmer and commodity analyst at AgMarket.Net, said by phone. Still, his soybean yields came within 15 bushels from his record-setting crop in 2018. “I was surprised with what the genetics can do,” Bennett said. “You can still raise pretty good corn even with less-than-ideal conditions. That’s changed everything.”

Davy on Sat, 11th Jan 2020 6:27 am

REAL Davy:

I know this a JuanP ID theft for one simple reason. My lube of choice is tried and true KY Jelly. KY Jelly and Poppers is heaven. How else can I tolerate those fat, hairy Trump-voting truckers?

Who’s zoomin who?

Pump up the volume, pump up the volume, dance, dance.

Davy on Sat, 11th Jan 2020 6:29 am

p.s. I’m not a tub queen. I’m proud to self-identify as a dinge-queen (i.e. ebony).

JuanP on Sat, 11th Jan 2020 7:51 am

Go REAL Green realgreenadaptation.blog
#learnthetruth#

Whining JuanP on Sat, 11th Jan 2020 7:52 am

juanPee nonsense

Davy said p.s. I’m not a tub queen. I’m proud to…

Davy said REAL Davy: I know this a JuanP ID theft for one si…

JuanP is stupid on Sat, 11th Jan 2020 9:48 am

More stupid advice from the board stupid

This is from stupid:
JuanP said Go REAL Green……

2020 Will Be A Crucial Year For Oil

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