Reality sucks: the Bakken revolution (fracking) -- the leading technological innovation that drove reduced CO2 emissions over the last decade, not renewables
- Montana Bakken: began in 2000
- North Dakota Bakken: began in 2007
Reality sucks:
- in Europe right now, it costs 2 - 3x more to charge an EV than it is to power an ICE
- well, you know what I mean
There you go, Pocohontas and Bernie:
- Brandon won't extend student loan relief; student load payments to restart February 1, 2022 -- source, Forbes -- plenty of jobs available to help pay off student loans
- 2022 is an election year, is it not?
Asking for a friend: is GasBuddyGuy being sarcastic, or living in a parallel universe? He tweets today:
- the national average is now $3.323 / gallon and falling -- should be under $3.30 / gallon in the next 72 hours
I'm tired of the whining: I'm talking about all the folks going nuts over Omicron
- Alec Baldwin has killed more people that Omicron
- California: governor reinstates statewide mask mandate (remember: the state had an opportunity to recall him -- he's now bullet-proof)
Bitcoin: from "Walter Bloomberg": "Boe's Bailey says crypto investors may lose all their investment. Link here. Some social comments:
- it's always surprising when people who benefit most from the legacy banking system warn of the risks involved with bitcoin. Shocking even.
- it's almost like, it's a pyramid scheme?
- I had not idea crypto was volatile
- meanwhile in Turkey
- instead, let the government take all your money through inflation
Net-zero:
- if the entire EU went net-zero today and stayed net-zero for the rest of the century, the impact would be a rise in global temperature by 0.14°C -- Bjorn Lomborg
US dry natural gas production: to reach 97.5 billion cubic feet per day by December, 2022, one year from now
- would be the highest US monthly production on record
- source: EIA;
Los Angeles: from an out-of-town visitor:
- dinner where pasta entrees were $70 - $90
- sushi rolls for $22
- avocado toast for $18.50, and, of course,
- gasoline: $5.25 / gallon
Tankers:
- if the pandemic ends and oil supply can keep up with demand, tankers will do well in 2022
- if the pandemic ends and oil supply cannot keep up with demand, tankers will be at least 10x in 2024
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