RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EquinorGreat post Sclarda
this line reminded me of a comment I made on the Village
"There are also a lot of things that will be hard to power electricially"
my comment:
"
when all of North America was buried in a lockdown, and no one was driving, THE WORLD STILL USED 91 MILLION BARRELLS A DAY
So we already got a preview of what an EV future looks like... and its not as bad as feared
why??
oil use:
60% fuels
we overestimate the volume of fuel demanded by our little 4 cylinder commuters...
there's still boats, trains, trucks.... to bring us all the goods we consume. And these use FARRR more oil than a little 4 cylinder commuter
Then you have tractors to grow all our food.. excavators and trucks to build our houses and businesses ... i'm sure there's stuff i'm forgetting, but you get the picture...
40% petro chemicals
fertilizers, plastics, grease, furniture, toys, clothes, the list is VERY LONG...and there is no replacement for oil in making these..."
sclarda wrote: geemonet wrote
This is stockhouse.... we're capitalists... we're the guys who sell the pizzas.... who gives a s#it about the consumer! I don't care about social engineering or any of that libtard nonsense. A wind turbine is a machine that makes electricity which people pay for; and after it's built, If it's well maintained it just sits there prints money... I've been a roughneck on a service rig... it ain't like you don't have to go service wells either... it ain't like getting a well drilled 2-3 Km down is super cheap... I don't see much difference between a pump jack and a wind turbine and I've worked up close and personal with both, they're just pieces of equipment that charge a fee to provide a service that people want.
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Exactly. People keep talking about all the costs of things like wind power and the power grids etc, that have to be built but they forget that oil companies have to buy properties, explore and drill for oil and gas. Then they have to produce the oil, ship it to refineries where it is turned into fuel and then shipped to retail outlets where the consumer buys it.
The one huge differance between oil and gas and wind power is that oil runs out and oil companies have to keep buying new properties and explore and keep drilling new wells constantly while with wind power the wind never runs out and is free unlike oil and gas. Of course when the wind is not blowing in an area they cant generate much power but wind farms are spread out all over large countries like Canada and the US and around the world so when there is no wind in one area power generated in another area can be sent through the power grid to where its needed.
Wind power is not any different from power generated from dams. In the Spring and Fall when there is a lot of rain and reservoirs are full they can generate more power. In the Winter and Summer when there is much less rain and the reserviors are low they generate less power. The same thing applies to Solar power which depends on the Sun and doesnt generate power at night. While none of these systems are perfect and generate a constant supply of electricity when taken together they complement one another and can generate a very large and growing amount of green electricity at reasonable prices.
To further help balance out the uneven amount of electricity being produed by all these sources they have gas powered generating plants known as peaking plants which can be turned on and off quickly to help balance out the ever changing amount of electrical demand and supply. Another benefit of electric power is that unlike oil and gas electricity can be moved in an instant through the electrical grid from where it is produced to anywhere in a large country or continent where it is needed.
All that being said oil and gas will still be in demand as long as we have a modern world economy. Electric cars are coming but are still a very small amount of all vehicles being produced and that will be the case for quite a few years yet. Gas and diesel powered vehicles will be around for a long time yet.There are also a lot of things that will be hard to power electricially. Imagine the size of batteries needed to power a 250 tonne aircraft to 30,000 feet into the sky and then have it fly half way around the world. That is just one example and there are many more.
Oil and gas also have uses in every type of product that is produced. Plastics, chemicals, clothing the list is endless and ever growing. Just the amount of plastics, foam etc, that is used in packaging of differant products that we use and dispose every day not to mention the amount used just in packaging by operations like Amazon is mind boggling and ever growing.
There is plenty of room and demand for both Solar and Wind power and other green energy along with oil and gas in the modern world economy.
That is likely not going to change until all the worlds oil and gas resources are used up which will be long after all of us are gone.