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Post by quantum on Aug 1, 2016 14:25:40 GMT -5
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Post by Mond the Bagnificient on Aug 1, 2016 14:30:01 GMT -5
Those sheiks will be selling colored sand in a bottle for revenue in 5 years. |
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Post by jetstream23 on Aug 1, 2016 15:46:51 GMT -5
Great article. Thanks for sharing.
"This is a cold douche for Opec. It has been an article of faith among Gulf exporters that hedging contracts had kept US shale companies on life-support and that there would be a brutal cull as these expired in the first half of this year.
No such Gotterdamerung has occurred. A few over-leveraged players have gone bankrupt, but Blackstone, Carlyle and other private equity groups are waiting on the sidelines to buy distressed assets and take over the infrastructure."
Love that first sentence.
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Post by Ff2 on Aug 1, 2016 15:54:47 GMT -5
Thanks Obama!
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Post by Mond the Bagnificient on Aug 1, 2016 16:08:21 GMT -5
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Post by DDNYjets on Aug 1, 2016 16:09:34 GMT -5
Too bad its the production on private lands that is driving this. Either way it is nice to beat the Gulf states at their own game. Never understood why we were so dependent on them and allowed the world to be dependent on them until I saw just how much money they donate to our politicians. |
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Post by Ff2 on Aug 1, 2016 16:10:30 GMT -5
Guess I should have put a little a sarcastic smilie face there.  |
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Post by Mond the Bagnificient on Aug 1, 2016 16:13:02 GMT -5
Guess I should have put a little a sarcastic smilie face there. I know you were being funny. I'm just trying to educate the hampurites who don't frequent the political forum. Consider it my good deed for the day. |
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Post by Ff2 on Aug 1, 2016 16:26:21 GMT -5
Too bad its the production on private lands that is driving this. Either way it is nice to beat the Gulf states at their own game. Never understood why we were so dependent on them and allowed the world to be dependent on them until I saw just how much money they donate to our politicians. While thats good, I think its ridiculous we are still relying on internal combustion engines. What an outdated technology. |
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Post by Peebag on Aug 1, 2016 16:41:32 GMT -5
Too bad its the production on private lands that is driving this. Either way it is nice to beat the Gulf states at their own game. Never understood why we were so dependent on them and allowed the world to be dependent on them until I saw just how much money they donate to our politicians. While thats good, I think its ridiculous we are still relying on internal combustion engines. What an outdated technology. President Trump will take care of that. Horses. Dependable reliable horses. |
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Post by Gunnails on Aug 1, 2016 16:43:38 GMT -5
What an outdated technology. ======================================================== I'm as excited about the advances in electric cars as the next guy I don't think hydrogen fuel cells will ever take off. As it sits ICE are king and will be for the foreseeable future. Things like electric long haul trucks are still just a dream, electric passenger planes aren't happening, if you lose power in a storm you still have no choice but a ICE generator. Perhaps I misunderstand the context of your post as there was no smiley included? |
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Post by jay57 on Aug 1, 2016 20:38:25 GMT -5
What an outdated technology. ======================================================== I'm as excited about the advances in electric cars as the next guy I don't think hydrogen fuel cells will ever take off. As it sits ICE are king and will be for the foreseeable future. Things like electric long haul trucks are still just a dream, electric passenger planes aren't happening, if you lose power in a storm you still have no choice but a ICE generator. Perhaps I misunderstand the context of your post as there was no smiley included? All we are waiting for is the next big breakthrough in batteries and gas engines will be a thing of the past. Batteries are what's holding it back. |
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Post by Hotman on Aug 2, 2016 1:53:53 GMT -5
What an outdated technology. ======================================================== I'm as excited about the advances in electric cars as the next guy I don't think hydrogen fuel cells will ever take off. As it sits ICE are king and will be for the foreseeable future. Things like electric long haul trucks are still just a dream, electric passenger planes aren't happening, if you lose power in a storm you still have no choice but a ICE generator. Perhaps I misunderstand the context of your post as there was no smiley included? There are other ways to power cars. And batteries is not one of them. It's all about monopolizing the shit. |
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Post by Raoul Duke on Aug 2, 2016 3:36:26 GMT -5
Fracking is awesome unless you live next to it. |
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Post by Ff2 on Aug 2, 2016 8:31:30 GMT -5
What an outdated technology. ======================================================== I'm as excited about the advances in electric cars as the next guy I don't think hydrogen fuel cells will ever take off. As it sits ICE are king and will be for the foreseeable future. Things like electric long haul trucks are still just a dream, electric passenger planes aren't happening, if you lose power in a storm you still have no choice but a ICE generator. Perhaps I misunderstand the context of your post as there was no smiley included? No, I understand we aren't there. Im just disappointed that we've been talking about alternative to the ICE for about 40 years at least. If you look at the technology advances is other areas its sad we aren't there yet for transportation. For a cares we put all the money into gadgets and gizmos, but never addressed the basics. I know big oil and the auto manufacturers made it hard in the early days but still, we could have done so much better. Instead we put computers on top of ICEs. What a farce. But hey...look at the emojis on my phone! |
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