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Page added on April 16, 2019
Iran Peddling 1MM Barrels of Oil Again
An Iranian exchange has offered investors as much as 6 million barrels of oil so far this year. Only a single deal closed, for the minimum 35,000 barrels.
Iran’s oil production and exports have slumped after the U.S. reinstated sanctions last year, and new curbs are set to further restrict its exports. Exemptions for importing countries including Japan, China, Turkey, India and South Korea have partially cushioned the blow.
With foreign investors steering clear of the world’s fourth-largest holder of crude, it’s trying via the Iran Energy Exchange to offload some oil to domestic buyers. Sales have been dismal, and even Iranian oil officials concede that the physical contracts are undesirable as long as oil sanctions remain intact.
“We knew from the beginning that it was almost impossible to sell oil” on the exchange, Morteza Behrouzifar, deputy head of the Iranian Association for Energy Economics, said in an interview. “Iran’s crude is sanctioned and under no circumstances can anyone buy Iranian crude except those who were granted waivers.”
Iran has tried to sell oil on its exchange in the past. The first offerings in 2011 weren’t successful, and another effort to sell just under three thousand barrels in 2014 wasn’t received well by potential buyers, state-run Islamic Republic News Agency reported last week.
The exchange is offering another million barrels of light crude for a 6 percent down payment and 90 days of credit this week. But it’s up to the buyer to line up the tanker and insurance needed to transport the fuel to the ultimate user.
“Those who have waivers go directly to the National Iranian Oil Co. They don’t need to participate in the bourse,” Behrouzifar said. “It’s pretty immature to think of the energy exchange as a way to get around sanctions.”
84 Comments on "Iran Peddling 1MM Barrels of Oil Again"
Cloggie on Tue, 16th Apr 2019 2:45 pm
Moia ride-sharing started yesterday in Hamburg. 100 e-vans to begin with, in 1 year time to be expanded to 1,000 in Hamburg alone.
Already 100,000 citizens of Hamburg have registered for the service. The local taxi branche is not amused. There are 10,000 fixed stops (compared to 1300 traditional bus stops), you order a van with your smart phone.
https://www.youtube.com/watch?v=A93iif6BS1c
The ambition of VW is enormous. Eventually they want to go global.
https://www.bloomberg.com/news/articles/2018-06-26/volkswagen-s-mobility-chief-says-self-driving-cars-core-to-plan
“VW Mobility Unit Head Says Self-Driving Cars Core to Plan”
Autonomous driving is an explicit goal in the entire enterprise.
Bye-bye expensive privately owned car. In the near future you can travel cheaper than in a self-owned car and with more comfort, since you are not staring at the bumper of your predecessor but at your iPad instead.
Robert Inget on Wed, 17th Apr 2019 9:06 am
New climate models predict a warming surge
By Paul VoosenApr. 16, 2019 , 3:55 PM
For nearly 40 years, the massive computer models used to simulate global climate have delivered a fairly consistent picture of how fast human carbon emissions might warm the world. But a host of global climate models developed for the United Nations’s next major assessment of global warming, due in 2021, are now showing a puzzling but undeniable trend. They are running hotter than they have in the past. Soon the world could be, too.
In earlier models, doubling atmospheric carbon dioxide (CO2) over preindustrial levels led models to predict somewhere between 2°C and 4.5°C of warming once the planet came into balance. But in at least eight of the next-generation models, produced by leading centers in the United States, the United Kingdom, Canada, and France, that “equilibrium climate sensitivity” has come in at 5°C or warmer. Modelers are struggling to identify which of their refinements explain this heightened sensitivity before the next assessment from the United Nations’s Intergovernmental Panel on Climate Change (IPCC). But the trend “is definitely real. There’s no question,” says Reto Knutti, a climate scientist at ETH Zurich in Switzerland. “Is that realistic or not? At this point, we don’t know.”
That’s an urgent question: If the results are to be believed, the world has even less time than was thought to limit warming to 1.5°C or 2°C above preindustrial levels—a threshold many see as too dangerous to cross. With atmospheric CO2 already at 408 parts per million (ppm) and rising, up from preindustrial levels of 280 ppm, even previous scenarios suggested the world could warm 2°C within the next few decades. The new simulations are only now being discussed at meetings, and not all the numbers are in, so “it’s a bit too early to get wound up,” says John Fyfe, a climate scientist at the Canadian Centre for Climate Modelling and Analysis in Victoria, whose model is among those running much hotter than in the past. “But maybe we have to face a reality in the future that’s more pessimistic than it was in the past.”
Many scientists are skeptical, pointing out that past climate changes recorded in ice cores and elsewhere don’t support the high climate sensitivity—nor does the pace of modern warming. The results so far are “not sufficient to convince me,” says Kate Marvel, a climate scientist at NASA’s Goddard Institute for Space Studies in New York City. In the effort to account for atmospheric components that are too small to directly simulate, like clouds, the new models could easily have strayed from reality, she says. “That’s always going to be a bumpy road.”
Link to more:
https://www.sciencemag.org/news/2019/04/new-climate-models-predict-warming-surge
Robert Inget on Wed, 17th Apr 2019 9:15 am
https://www.aljazeera.com/news/2019/04/iran-suffers-2bn-damages-flood-toll-continues-rise-190414085957795.html
How close are we to the effects of climate change? Open that link above, if you care.
Side-bar: Many Iranian oil and gas wells have closed due to high water.
(warmer air hols more moisture)
Robert Inget on Wed, 17th Apr 2019 9:37 am
Summary of Weekly Petroleum Data for the week ending April 12, 2019 (EIA)
U.S. crude oil refinery inputs averaged 16.1 million barrels per day during the week ending April 12, 2019, which was 22,000 barrels per day less than the previous week’s average. Refineries operated at 87.7% of their operable capacity last week. Gasoline production decreased last week, averaging 9.9 million barrels per day. Distillate fuel production decreased last week, averaging 4.8 million barrels per day.
U.S. crude oil imports averaged 6.0 million barrels per day last week, down by 607,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.5 million barrels per day, 20.6% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 990,000 barrels per day, and distillate fuel imports averaged 138,000 barrels per day.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.4 million barrels from the previous week. At 455.2 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year. Total motor gasoline inventories decreased by 1.2 million barrels last week and are about 1% below the five year average for this time of year. Finished gasoline inventories increased while blending components inventories decreased last week. Distillate fuel inventories decreased by 0.4 million barrels last week and are about 5% below the five year average for this time of year. Propane/propylene inventories increased by 2.4 million barrels last week and are about 22% above the five year average for this time of year. Total commercial petroleum inventories increased last week by 2.5 million barrels last week.
Total products supplied over the last four-week period averaged 20.1 million barrels per day, down by 3.6% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 9.4 million barrels per day, down by 0.2% from the same period last year. Distillate fuel product supplied averaged 3.9 million barrels per day over the past four weeks, down by 7.6% from the same period last year. Jet fuel product supplied was down 5.3% compared with the same four-week period last year.
Robert Inget on Wed, 17th Apr 2019 10:25 am
First of all.
Worldwide, there is no more transparent WEEKLY report than an example above.
The most telling paragraph concerns consumption. Because of a serious chemical fire a few weeks back, exports, even (shipping) imports were thrown off kilter.
IOW’s what we are seeing here is mostly DOMESTIC supply w/o much if any, export thrown in.
for additional detail:
https://www.investorvillage.com/groups.asp?mb=19168&mn=198342&pt=msg&mid=19344765
What most observers utterly fail to understand,
all crude is different in viscosity and energy content.
We are in a new energy world.
Someday, Venezuela will come back on line.
It could be YEARS for VZ to regain over a million barrels per day production. (example: a single GOM well is capable of OVER 250,000 Bp/d)
Saudi Arabia may never again deliver 10.5 M B p/d
to world markets.
Bottom line, it’s heavy crude that will remain in short supply for YEARS.
Canada can and will build an Asian export pipeline
through BC. No US permission needed.
Every OPEC member except Venezuela, Kuwait and Iraq are way below half full (peak).
We have grown so accustomed to ‘war news’, Libya gets almost no coverage.
The fact that Trump VETOED a bill passed by BOTH houses to quit helping Saudi genocide in Yemen is a sure sign just how serious crude oil supply situation has become. From a guy who hates Muslins with passion, he sucks to Islamic Leadership for a reason. To be fair, so did EVERY
US president since WW/2.
In this case I’m Not saying Trump is some kind of child killing monster, he simply feels low oil prices are more important than a few million dark skinned Muslims.
Cloggie on Wed, 17th Apr 2019 10:15 pm
Who is going to win the battle for the e-vehicle:
– battery?
– hydrogen, fuel cell?
Answer: perhaps neither, nor
Enter the supercapacitor.
http://www.freel.tech/
https://cleantechnica.com/2011/05/11/cheaper-ultracapacitors-for-electric-vehicles/
https://de.wikipedia.org/wiki/Superkondensator
Will write a post about it in the weekend.
Advantages: super fast load, no rare elements, light-weight
Disadvantage: after a week-month the Coulomb charge has leaked away. Like with an ice-cream on a sunny day: you have to lick it now.
Cloggie on Thu, 18th Apr 2019 12:50 pm
Daimler-Benz wants to be completely decarbonized before 2040:
https://deepresource.wordpress.com/2019/04/18/daimler-wants-to-be-decarbonized-by-2040/
Factories, vehicles, suppliers.
Cloggie on Thu, 18th Apr 2019 1:10 pm
Interesting conclusion global automotive executives, as reported by KPMG:
Hydrogen/fuel cells, not batteries, are the future of e-vehicles.
https://assets.kpmg/content/dam/kpmg/xx/pdf/2017/01/global-automotive-executive-survey-2017.pdf
Davy on Thu, 18th Apr 2019 1:52 pm
“Hydrogen/fuel cells, not batteries, are the future of e-vehicles.”
No reason why the future needs to be technologically exclusive. Both technologies have niches as well as the possibility of working together to vector power.
Anonymouse on Thu, 18th Apr 2019 2:56 pm
Exceptionalturd, you have not even mastered the subtitles and complexities of wood power yet on that make-beleive fantasy farm of yours. You can forget about fool cells and or batteries. Hell, you couldn’t even change the battery in that discount 2nd hand ijunk of yours, even if you possessed the intelligence to attempt such an operation to begin with.
Davy on Thu, 18th Apr 2019 3:30 pm
annoymouse, lol, I bet you don’t have any solar like I do. I just purchased a solar hot water system BTW. It will integrate with my wood boiler. Don’t asked me how because you wouldn’t understand. You are just a jealous dumbass like your cousin juanpee. You wish you could be like me but you are stuck being you.
Davy on Thu, 18th Apr 2019 3:57 pm
It’s true. I’m a liar and a hypocrite.
Mueller is a lifetime RepubliCON appointed by Trump- LOL.
Stop whining RepubliCONS. You got caught committing various crimes.
Special counsel Robert Mueller’s team indicted or got guilty pleas from 34 people and three companies.
That group is composed of six former Trump advisers, 26 Russian nationals, three Russian companies, one California man, and one London-based lawyer. Seven of these people (including five of the six former Trump advisers) have pleaded guilty
Davy on Thu, 18th Apr 2019 4:00 pm
I just purchased a solar hot water system with my trust fund money since I don’t work. It will integrate with my wood boiler that I purchased from the Clampetts.
Anonymouse on Thu, 18th Apr 2019 4:39 pm
If someone were take that bet, they would win. Neither of of us have solar. In my case, urban solar is a non-starter and it would not be permitted even if I wanted to make the investment.
In your case however, that is your delusions at work again. I am sure you look outside your ram-shackle abode and imagine row upon row of solar panels and wind turbines. That is the delusion part. The reality for you exceptiontard? Likely a pile of unpaid and overdue bills from the local, privately owned corporate power utility.
I would say, nice try, but it doesn’t even warrant that much.
Dumbass
Free at Last on Thu, 18th Apr 2019 6:16 pm
When a paragraph long police report buried on page 15 of the Ozark Times that some fat wannabe hillbilly named DavyTurd was discovered dead with a clawhammer planted in the back of his skull, nobody will be surprised.
Can you imagine the long list of suspects-LOL?
Davy on Thu, 18th Apr 2019 6:18 pm
Why do they hate me?
Not Davy on Thu, 18th Apr 2019 6:43 pm
JuanP posted this
Davy on Thu, 18th Apr 2019 6:18 pm
JuanP sock on Thu, 18th Apr 2019 6:45 pm
JuanP posted this
Free at Last on Thu, 18th Apr 2019 6:16 pm
Not Davy on Thu, 18th Apr 2019 6:47 pm
JuanP posted these
Davy on Thu, 18th Apr 2019 3:57 pm m
Davy on Thu, 18th Apr 2019 4:00 pm
Davy on Thu, 18th Apr 2019 6:49 pm
Looks like juanpee and annoymouse are triggered. LMFAO
makati1 on Thu, 18th Apr 2019 7:21 pm
Davy, it seems ALL of your real comments are slathered with gun (triggered) and sex (neutered) references overlaid with lots of bullshit and childish putdowns. You would make a great study for psychiatrists. Why don’t you volunteer at some free clinic?
https://search.yahoo.com/search?fr=mcsaoffblock&type=E111US0G91208&p=Free+mental+health+cvlinics+in+Missouri
A sunny Good Friday morning here in the land of eternal summer. Going up to 92 today. Most things are closed as this is a big day for the Catholic population and some others.
“Religion in the Philippines is marked by a majority of people being adherents of the Christian faith.[1] At least 92% of the population is Christian; about 81% belong to the Roman Catholic Church while about 11% belong to Protestant, Orthodox, Restorationist and Independent Catholic denominations, such as Iglesia Filipina Independiente, Iglesia ni Cristo, Seventh-day Adventist Church, United Church of Christ in the Philippines and Evangelicals.[1] Officially, the Philippines is a secular nation, with the Constitution guaranteeing separation of church and state, and requiring the government to respect all religious beliefs equally.” WIKI
Anonymouse on Thu, 18th Apr 2019 7:25 pm
Sure ‘we’ are, dumbass.
Everyone knows, well over 90% of ‘JuanP’s alleged posts are fakes by you and your multi-polar sock, I AM THE DAVYTARD.
You are so pathetic, you even make fake sounding posts under your own name, like the ones above, just so you can use it as an excuse to blame it on ‘JuanP’.
Maybe you should go do something useful, like hose down your fantasy solar-array, or lube the wind turbines. Or the goats. You know, actual work.
Davy on Thu, 18th Apr 2019 7:30 pm
Poor annoymouse is triggered. He rarely whines this much
Davy on Thu, 18th Apr 2019 7:32 pm
Makato is pumped up because his pervert friends are here to support him. Makato, you are hilarious.
I AM THE MOB on Thu, 18th Apr 2019 7:34 pm
Immigrants Propel Population Growth in 10% of U.S. Counties – WSJ
https://www.wsj.com/articles/immigrants-propel-population-growth-in-10-of-u-s-counties-11555560061
It’s happening! The great replacement!
makati1 on Thu, 18th Apr 2019 9:02 pm
The 9 year old Davy pops up with his usual childish replies. Did you check into any of those free mental health clinics I posted for you above? You really should, before you harm someone. I know you would love to hit me or those you disagree with, delusionalist. Unfortunately, we all live way out of your redneck area, thank the gods if there are any.
Will be enjoying a fresh caught, Blue Marlin steak, broiled with lemon and butter, a nice glass of white wine from Europe and some locally grown rice for lunch today. What are you having DD? Canned spam and a glass of polluted well water? LMAO!
Anonymouse on Thu, 18th Apr 2019 11:05 pm
He is celebrating another one of his (many) delusional davy ‘victories’ mak. I bet you he broke out the grits and his best potato moonshine to celebrate.
If that is the case, we wont be hearing from him, or I AM THE DAVYMOB, at least for a little while.
makati1 on Fri, 19th Apr 2019 1:02 am
We can only hope. ^_^
Cloggie on Fri, 19th Apr 2019 1:06 am
Immigrants Propel Population Growth in 10% of U.S. Counties – WSJ
https://www.wsj.com/articles/immigrants-propel-population-growth-in-10-of-u-s-counties-11555560061
It’s happening! The great replacement!
That’s great news, mobby!
The American problem the world has is solving itself. Multi-racial “nations” have a very short half-life, before they inevitably say “poof”!
White civilians forming paramilitary organisations and rounding up gate-crashers:
https://www.infowars.com/alarming-footage-91-illegals-stopped-by-patriots-patrolling-us-mexico-border/
That’s what we want to see: armed civilians forming the army of a new real nation… under the benevolent guidance of and weapons delivered by PBM.
Whitey is coming home!
Cloggie on Fri, 19th Apr 2019 1:28 am
Always there retired folks spilling the beans.
Retired Notre Dame architect rejects the official short circuit explanation:
https://www.newswars.com/fmr-notre-dame-chief-architect-ancient-oak-doesnt-burn-like-that/
The media jerk wants him to come up with hypothesis. The architect hesitates to say “arson”, but that’s what he thinks.
We have seen 22 weeks of white mobilization in France. We have seen hundreds of churches desecrated over the past few years. ISIS has attacked a cathedral in the Philippines. Not yet proven, but absolutely plausible.
If it turns out that Ahmed Quasimodo has done it, all the ingredients are there for some fine fighting on French soil, with of course fighters from all over Europe flocking to France. After all, peace can be boring at times.
In related religious news…
https://www.dailymail.co.uk/video/news/video-1908586/Video-Police-scene-woman-shot-Londonderry-riots.html
“Police on the scene after woman shot in Londonderry during riots”
Brexit means Brexit means the end of the Good Friday agreement, certainly in case of a hard Brexit. Good Friday is today. Kiss your Good Friday agreement goodbye, now that mr Hard Brexit Nigel Farage is to become England’s anti-Macron.
The West needs to be brought down, 1945 reversed, Anglo occupiers removed from continental Europe, populists taking over and teaming up with Russia, next have an agreement with China that the American century is now really over (exit dollar, UN, SC, IMF, WB, NATO, the lot), China and PBM declare themselves the guarantor of the coming identitarian multi-polar world order of “Great Civilizations” (yes anonymouse1, you have a Great Civilization, you didn’t know that, now did you?), next PBM declares itself the protector of white America (“hands of whitey or else”) and prepares for intervention halfway into CW2.
The more shit the better! Anglosphere is coming down, Anglo-Zionism is coming down, long live Europe, world-wide (PBM+Heartland, the rest liquidated: Downunder, East coast, West coast, most of Texas, Vancouver).
Cloggie on Fri, 19th Apr 2019 1:48 am
The two contenders to take the political initiative over from pm May in Britain: Farage and Corbyn. But since Farage can only achieve splitting the conservative vote, the takeover by Corbyn is almost guaranteed:
https://www.dailymail.co.uk/debate/article-6938247/DOMINIC-SANDBROOK-galling-man-inspired-Brexit-Corbyn-No-10.html
“How galling that Nigel Farage – the man who inspired Brexit – could put Corbyn in No 10, writes DOMINIC SANDBROOK”
Thank God, Corbyn is a Brexiteer as well, so a soft Brexit is almost guanteed, since Corbyn still prefers dealing with Europe over America.
And that is of course exactly what we continental Europeans want to see happening: Britain (England) NOT used as an unsinkable aircraft carrier for US interests against continental Europe, but remaining integrated economically in Europe, while granting our English friends geopolitical freedom to play empire again and regain influence in a balkanizing North-America.
Pelosi lecturing Corbyn on “anti-semitsh”:
https://www.independent.co.uk/news/uk/politics/pelosi-corbyn-meeting-democrats-labour-antisemitism-change-uk-a8870021.html
“Nancy Pelosi ‘discusses antisemitism’ with Jeremy Corbyn at meeting during UK trip”
Americans are freedom loving and tolerant, but the fun stops at dissing jews (because the latter own the place and every politician and Pelosi knows on which side their bread is buttered. Hint: the kosher side). That’s why the glorious 1933 US-USSR alliance came to and end after WW2, because it became obvious that Stalin had began to remove jews from the top Soviet power structure.
https://en.wikipedia.org/wiki/Stalin_and_antisemitism
#AntisemitismOnTheLeftItDoesExist
Uncle Joe was opting out from US globalization schemes, in which he would be the junior partner of the Americans.
Signs are that a Corbyn government could finally clean out oligarch power in Britain (England), no matter how much Nancy Pelosi warns against that possibility. As things stand now, Merkel-Germany is the most reliable ally of the US deep state, not Britain. But Merkel is almost gone.
Davy on Fri, 19th Apr 2019 5:05 am
“The 9 year old Davy pops up with his usual childish replies. Did you check into any of those free mental health clinics I posted for you above?”
makato, you sure are concerned with mental health probably because you are a classic case of multiple personality problems probably mental too. One thing is for sure you need to figure out some assisted living there in your 3rd world shanty town. Your dementia is more than onset these days.
Davy on Fri, 19th Apr 2019 5:12 am
“He is celebrating another one of his (many) delusional davy ‘victories’ mak. I bet you he broke out the grits and his best potato moonshine to celebrate.”
Actually yes, annoymouse, you are very triggard and I can tell this by your multiple Davy comments. Most of the time you do a one turd and disappear. When it is more than one you are very upset because I bitch slapped you. I am also celebrating mr mental illness and his descent into an irrelevant mental case. He is one of your best friend here with makato being your daddy. You guys routinely exchange niceties and I have all of you triggered good. It could not happen to a bunch more deserving. LOL. VICTORY.
Cloggie on Fri, 19th Apr 2019 5:28 am
54% of the British want a “strong leader”
(Think Orban, Salvini, Putin)
https://www.dailymail.co.uk/debate/article-6938247/DOMINIC-SANDBROOK-galling-man-inspired-Brexit-Corbyn-No-10.html
The DM does NOT approve.
Interestingly, two strong leader candidates, BoJo and Farage, are making each other impossible.lol
For a contentinental European white nationalist, Corbyn would be the best candidate: take the UK out of the EU but not turn the EU and UK into enemies, while Jeremy goes after the oligarchs for us.
Davy on Fri, 19th Apr 2019 5:40 am
“Retired Notre Dame architect rejects the official short circuit explanation: -ancient-oak-doesnt-burn-like-that-“ The media jerk wants him to come up with hypothesis. The architect hesitates to say “arson”, but that’s what he thinks.”
Bullshit, wood burns an old wood burns hot. It is a matter of good fire conditions. I am curious what the humidity and wind were on that day. I am experienced on burning things. I have done years of land rehabilitation with massive brush piles to burn. I have also been burning native grass fields for years. I am not up on buildings but one look at a cathedral like Notre Dame and all that ventilation and wow perfect fire potential under the right conditions. Fire needs a couple of things to get “Mad”. You need good fuel, ventilation, air flow, and low humidity. Any one of them can be lower and the others can be higher to compensate. When you have all those conditions optimal then you have a “mad man”. I have burnt fields that were so hot I had to turn away a 50 ft. I have seen them race across a field faster than a man can run. Fire is one thing that scares me and that is why I like it. It is a great tool for land management when used properly. The Native Americans used it to great effect to keep vast hunting grounds in good health. Arson is very possible considering the political situation in Europe but a good old fashion accident is also likely. Conspiracy loons like cloggo just have to have deeper fantasy to any event. Of course the deeper fantasy dovetails with his lunatic message.
Davy on Fri, 19th Apr 2019 5:50 am
“Info Overload? All Of The Data Created In 2018 Is Equal To…”
https://tinyurl.com/y2kdtzs3 statista via zero hedge
“As revealed in the newly released Statista Digital Economy Compass, the world created an enormous 33 zettabytes of data in 2018. If that number means nothing to you, you’re surely not alone. While the size guide at the bottom of this infographic might be of help, a more effective way to provide some context to the number is to compare it to something more tangible. If you were to burn all of the information created last year onto Blu-ray discs, you would need to invest in an astounding 660 billion – each with a standard capacity of 50 gigabytes. Moving into the biological realm, 33 terrabytes is equivalent to the estimated storage space of 33 million human brains. Delving even deeper, and as an equally impressive testament to the power of DNA, you would need 73 grams of our genetic material to create a backup of 2018’s global data.”
Davy on Fri, 19th Apr 2019 6:05 am
Check out this fake green shit that liberal greens propagate. Why do they think joy riding in an EV is environmentally friendly? I mean come on how green is the grid these days to allow this play time? Even if the grid were significantly renewable should we be joy riding around or should we be localizing in focus on sustainability and resilience. Fake Green Shit
“Planning For Backcountry EV Adventures”
https://tinyurl.com/y4dkrml6 clean technica
“Now that the weather is starting to warm up, it’s a great time to start heading out on days off to see the outdoors. For many EV owners, this might mean firing up a backup gas car, because “Shorter range EVs are only for cities,” or “There aren’t any stations out there!” The truth is, though, that you don’t have to overly participate in the destruction of nature to go out and enjoy it. If you plan ahead, prepare, and make a few phone calls, nearly any EV can get you out there.”
Davy on Fri, 19th Apr 2019 6:29 am
I am wondering if in the new normal of financial repression and controlled economic activity how long the extremes we are seeing can continue? I also wonder if and when a real and complete recession occurs will this repression and behavioral control allow for an orderly resolution? In any case the fact that the system is now repressed and controlled means ever increasing malinvestment and wealth transfer which are two systematically deadly economic forces. These deadly forces will have a life of their own beyond extreme debt, corrupted price discovery, repression, and behavioral control.
“The Next Financial Crisis Won’t Be Caused by Fraud: This Time Will Be Different”
https://tinyurl.com/y2syestb oftwominds-Charles Hugh Smith
“Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: fraud and credit-valuation over-reach.Fraud-based financial crises may differ in particulars, but they share many traits: perverse incentives are institutionalized; the perverse incentives reward figuring out how to evade oversight via fraud, embezzlement, masking risk, etc. which are soon commoditized; regulations are gutted by insider-funded lobbying; regulators fail to do their job in hopes of getting lucrative positions in the industry they’re supposed to be regulating; reports of systemic, commoditized fraud are ignored because everyone’s getting rich, and so on. The resolution has to 1) eliminate the perverse incentives that fueled the crisis; 2) institutionalize oversight that actually functions to limit dangerous excesses and 3) all the malinvestment / bad debt must be liquidated and the losses taken / distributed.”
“The brewing financial crisis will be different: the twin sins of extreme levels of debt and extreme overvaluation of assets now characterize corporate bonds, many sovereign bonds, stocks and real estate. Pretty much the only traditional assets that aren’t at nosebleed levels are precious metals and bat guano. (Cryptocurrencies are as yet non-traditional assets, though this may change in the next financial crisis.) Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. When this crisis gathers steam, there will be few avenues of escape. Adding regulations won’t stop it, adding liquidity won’t stop it, waving chicken entrails and dancing the humba-humba around the MMT/Keynesian campfire won’t stop it. Attempting to force extremes to even more extended extremes won’t stop it.”
Cloggie on Fri, 19th Apr 2019 6:39 am
In the 21st century, Australia is going to be to China, what North-America was to Europe: a convenient dumping place for its underclasses.
https://www.sbs.com.au/news/why-the-chinese-media-keeps-criticising-australia
“Why the Chinese media keeps criticising Australia”
(Darwinian interpretation: preparing its population for the takeover)
https://amp.abc.net.au/article/10770424
“As China-US tensions escalate, Australia is in a bind”
https://amp.news.com.au/technology/innovation/military/china-has-issued-a-direct-warning-to-australia-in-a-blistering-new-editorial/news-story/2dc17494e63803c4fba6cd7940b44165
“China has issued a direct warning to Australia in a blistering new editorial”
https://www.quora.com/How-big-of-a-threat-is-China-for-Australia
“How big of a threat is China for Australia?”
None, says a reader, because of the alliance with the US. True, for now. But he could be in for a nasty surprise if he thinks that the empire is for all eternity.
https://deepresource.wordpress.com/2015/01/02/america-australias-dangerous-ally/
Davy on Fri, 19th Apr 2019 6:52 am
LOL, If China invades Australia it will be the end of China’s superpower ambitions. China may learn a lesson on projecting power and the quagmire that results, maybe not. Who knows a lot of it is luck even with the best made war plans. I don’t see it happening. China is in decline now and can’t afford the risk of such a foreign adventure. It already has multiple global haircuts ahead from the BRI and in other failed investments like Venezuela.
Davy on Fri, 19th Apr 2019 7:19 am
Makato has some food inflation coming. LOL. Makato is always talking about how bad it is in the US.
“African swine fever: ‘not enough pork in the whole world’ to fill China’s supply gap”
https://tinyurl.com/y3mlt4s6 south china morning post
“There is not enough pork in “the whole world combined” to fill the potential supply shortfall that will hit China later this year, market analysts have warned. Pork exporting countries around the world are scrambling to fill the supply gap in China as an African swine fever epidemic sweeps across the country. Financial services firm Rabobank estimates that China could lose up to 200 million pigs to disease or slaughter during the epidemic, almost three times the pig population in the United States. China is the world’s biggest pork producer, with roughly 433 million pigs, according to the US Department of Agriculture (USDA). And the loss of half of the country’s pigs could push prices up by as much as a 70 per cent, a Chinese agriculture ministry official said last week.”
majece majece on Fri, 19th Apr 2019 9:11 am
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makati1 on Fri, 19th Apr 2019 6:28 pm
Davy, did you KNOW that oak gets harder with age? Do some research before you open your mouth.
I lived in an oak log house that had 200 year old oak logs for walls. The wood was so hard it took a drill bit made for metal to put a hole in it for a nail to hang a picture. You could not even drive a cut nail into it.
To cut one 12″ log thru, dulled a new chainsaw blade to the smoking point. Even holding a torch to the wood would not ignite it, just char the outside. That fire was arson, no matter what you are told. An electrical short is a joke. But. most uneducated suckers will believe it.
makati1 on Fri, 19th Apr 2019 6:30 pm
Oh, and don’t try to tell me it was that hard when it was cut. They were all cut and shaped with hand tools, not power saws.
I tried to research a ref for you but they ALL came up as “that site is not found”. Now could that be because they don’t want someone to dispute the “official” lie? Just sayin’.
Davy on Fri, 19th Apr 2019 6:34 pm
“Davy, did you KNOW that oak gets harder with age? Do some research before you open your mouth.”
Duh, dummy, why do you think it burns so hot once it gets burning? That was my point. Try to understand a comment before you open your hole.
Davy on Fri, 19th Apr 2019 6:35 pm
I am surprised you are out makato without juanpee or annoymouse here to lend you a hand.
makati1 on Fri, 19th Apr 2019 6:36 pm
Davy, Food inflation? Only if you eat pork, which we seldom do. Fish is cheap. So is chicken. And, there is a local pig farm that has not raised their prices.
I do not live in Africa. I do not live in China. I live in the Philippines. You cannot seem to understand that they are totally different places and situations. Totally different.
The US is failing fast. What will be the price of wheat this summer? Soy? Animal feed? The sooner the US is isolated and cannot terrorize the rest of the world the better. Tomorrow would be fine with me. GO TRUMP!
makati1 on Fri, 19th Apr 2019 6:44 pm
Davy, I’m surprised that you are not locked up in some mental ward. You should be, before you hurt someone. I have no need of others to support my assertions. They are not lies like you post.
You just cannot accept that there are better places than the terrorist country, America. But, soon, that 4X4 of reality will hit and then…3rd world Amerika will be obvious to even you.
makati1 on Fri, 19th Apr 2019 6:48 pm
And, no, Davy, oak’s age hardness has nothing to do with burning hotter. That is pure bullshit. Yes, cured oak is hot, but it takes more than a spark to light it. And oak hundreds of years old, would take much more than a little kindling. I have tried to burn 200 year old oak. I have experience. You are talking out of your ass again. You cannot accept that you are wrong.
makati1 on Fri, 19th Apr 2019 7:28 pm
Davy cannot admit he is wrong so he just “goes to bed”, hoping no one will notice his bullshit lies. LMAO!