Monday, December 13, 2021

Wow, I'm Gone For One Day And Social Media Explodes -- December 13, 2021

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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