The End of Oil

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FangKC
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Re: The End of Oil

Post by FangKC » Thu Mar 22, 2012 4:38 am

Drilling more in US has no effect on gasoline prices

http://www.kansascity.com/2012/03/21/35 ... didnt.html

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Re: The End of Oil

Post by Highlander » Thu Mar 22, 2012 7:12 am

FangKC wrote:Drilling more in US has no effect on gasoline prices

http://www.kansascity.com/2012/03/21/35 ... didnt.html
I love how they took a complex multi-variate problem and collapsed it down to a simple bi-variate "study" - if you want to call it that. It's a pretty worthless piece of work. Of course drilling the US has an impact on price, it's a supply and demand world, but because we don't produce all that much relative to the rest of the world, it isn't an enormous impact and it gets lost in the clutter of all the other things going on. US consumers still can impact the price more than US producers can. Look at natural gas prices if you want to see how drilling in the US can impact the price of a natural resource; of course, that is an entirely local market but we should at least be looking at NG as a transportation fuel to compete with oil....now that would have an impact on oil prices.

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Re: The End of Oil

Post by FangKC » Mon Aug 27, 2012 10:51 pm

Germany Sets New Solar Record By Meeting Nearly Half of Country's Weekend Power Demand

http://www.stumbleupon.com/su/1JrPxs/in ... er-demand/

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Re: The End of Oil

Post by KCMax » Tue Aug 28, 2012 11:59 am

FangKC wrote:Germany Sets New Solar Record By Meeting Nearly Half of Country's Weekend Power Demand

http://www.stumbleupon.com/su/1JrPxs/in ... er-demand/
Could never work here because you know, its so much sunnier in Germany.

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Re: The End of Oil

Post by mean » Tue Aug 28, 2012 3:17 pm

It's always sunny in North Rhine-Westphalia.

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Re: The End of Oil

Post by grovester » Tue Aug 28, 2012 4:39 pm

mean wrote:It's always sunny in North Rhine-Westphalia.
"The gang buys a solar panel"

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Re: The End of Oil

Post by aknowledgeableperson » Fri Dec 28, 2012 8:49 am

It appears the date of "The End of Oil" and "Peak Oil" has been pushed back. Now the talk is by 2020 the USA will be an exporter of oil, that the USA will be energy independent. And if so I would guess the talk about the end of the suburbs, especially the fringe, will have a different tone.

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Re: The End of Oil

Post by FangKC » Tue Jan 22, 2013 10:33 pm

Graphs show were oil imports come from, by region.

http://grist.org/news/america-doesnt-im ... ium=update

Most oil imported that is used by consumers in Missouri and Kansas comes from Canada.

http://grist.org/news/america-doesnt-im ... ium=update

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Re: The End of Oil

Post by KCMax » Wed Jan 23, 2013 9:24 am

aknowledgeableperson wrote:It appears the date of "The End of Oil" and "Peak Oil" has been pushed back. Now the talk is by 2020 the USA will be an exporter of oil, that the USA will be energy independent. And if so I would guess the talk about the end of the suburbs, especially the fringe, will have a different tone.
I never understood this talk by Romney and Obama about "energy independence." One does not go to Quik Trip to choose between "American gasoline, "Venezuelan gasoline" or "Saudi Arabian gasoline."

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Re: The End of Oil

Post by pash » Wed Jan 23, 2013 12:15 pm

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Last edited by pash on Tue Feb 07, 2017 1:58 am, edited 1 time in total.

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Re: The End of Oil

Post by bobbyhawks » Wed Jan 23, 2013 12:51 pm

pash wrote:Where the oil comes from is significant from a national security/international policy perspective. It's not from an economic perspective.
I think from Obama's perspective at least, there is also a starve the beast angle to energy independence, and one of the largest reasons why I think he supports moving away from oil in favor of subsidized "green" sources of energy. "Green" is a label and a biproduct, but "alternative" is a better descriptor of what we are trying to find. The easiest way to hurt the monied establishment in the Middle East is not by drilling for oil locally. As has been discussed, this has little economic impact on the price and demand for oil locally vs. the global market. If we can develop batteries to the point where we can burn anything or use solar and wind more effectively, and promote this model on a global scale, the demand for gasoline will drop, the profitability of deep sea and wilderness exploration of oil will diminish, and the entire world's dependence on countries like Venezuela and Saudi Arabia will deteriorate. Continuing to live in an oil soaked economy will never have such an impact, no matter where the oil comes from.

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Re: The End of Oil

Post by Highlander » Wed Jan 23, 2013 9:38 pm

pash wrote:Where the oil comes from is significant from a national security/international policy perspective. It's not from an economic perspective.
Actually, it does (depending on what we consider significant) both directly and indirectly. WTI has always traded higher than Brent Crude. It's a better quality crude. It's been consistently trading about $15 lower - mostly due to increased production in the US and, to some extent, the leveling off of demand. Indirectly, oil produced in the US produces jobs: Technical jobs, production jobs, transportation jobs, and refining jobs.

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Re: The End of Oil

Post by Highlander » Wed Jan 23, 2013 9:48 pm

aknowledgeableperson wrote:It appears the date of "The End of Oil" and "Peak Oil" has been pushed back. Now the talk is by 2020 the USA will be an exporter of oil, that the USA will be energy independent. And if so I would guess the talk about the end of the suburbs, especially the fringe, will have a different tone.
The USA will never ever be an exporter of oil. It will never be remotely close to being in that position. The only way it could ever be self sufficient in oil would be for a new technology to replace oil dropping demand to nil.

The "talk" is by people that simply do not understand what they are "talking" about. They certainly do not understand the economics of oil production. The kind of production occurring in the US right now is damn expensive. It makes money because oil prices are high. If we produced enough oil to become self sufficient (even if we could physically do that and we cannot), the spare capacity of oil on the world market would drive the price down to the point that the US's high cost production would be economically unviable and unsustainable. Furthermore, the decline curve on unconventional production is exponential. Turn the well on and the production immediately starts dropping like a stone. We'd have to drill far more wells than the industry could ever possible drill to become self sufficient. Recoverable oil is a function of what is economically producible at a given price and cost - just because it's in the ground, it doesn't one can get it out.

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Re: The End of Oil

Post by FangKC » Wed May 14, 2014 5:22 pm

End fossil fuel burning, save $71 trillion — and preserve civilization as we know it

http://tinyurl.com/mxtsd42

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Re: The End of Oil

Post by FangKC » Tue Feb 27, 2018 9:58 pm

KCP&L announces that its' parent, Great Plains, has signed deals with wind farms in Kansas and NW Missouri that will provide 25 percent of its' portfolio by 2019.

Great Plains Energy Expands Renewable Energy Portfolio with Two New Kansas Wind Facilities
This announcement will increase Great Plains Energy’s wind resources to more than 1,800 MW of wind capacity which will be approximately 25% of the company’s generating portfolio in 2019. The company also recently announced construction of the 300 MW Rock Creek Wind Farm in Atchison County, Missouri was completed in November.
https://tinyurl.com/ybozhvhy

Great Plains signs power purchase deals with Kansas wind farms

https://tinyurl.com/y7wrc5y3

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