Largest oil drop in history underway, analysts say

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spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
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taxslave said:
In the real world gravity takes water from the lakes and through a few pressure reducing valves to the consumer. So even if it only generated enough power to run the treatment system you'd be money ahead.
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DREAM ON TURNIP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Gravity DOES NOT draw water UPHILL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Gravity DOES NOT draw water UP out of Lake Ontari-owe through a pipe into a treatment facility!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Gravity does not draw water from the facility and PUSH IT into pipes spread across the city.......................................


to be STORED A HUNDRED FEET OR MORE IN THE AIR......................................


in the nearest water tower!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Gravity DOES NOT give you 40 - 60 pounds pressure in a tap in a house AT THE TOP OF A HILL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Have you ever been to Toronto you turnip???????????????????????


Have you SEEN THE HEIGHT of the hill - which is actually an old lake escarpment running across the city.............................


near St Clair Ave??????????????????????


The one that requires pumps to drive the drinking water up - so more than half the city can get ANY water?????????????????


You must be related to MHz.................................


he also is fond of wildly improbably Rube Goldberg GIZMOS AS WELL!!!!!!!!!!!!!!!!!!!!!!!!!!


Simply google the question "how much electricity is needed to pump Toronto drinking a water..............................


and you will be directed to a City of Toronto web site that opens with this statement:::::


" A large amount of electricity is used to pump fresh water uphill in order to service"........................


No doubt there is a HARD ANSWER buried in the PDF file produced by the City .............................


related to the question about how much electricity they really do use...........................................


but I cannot be bothered looking for it.........................................


that the GOVT OPERATOR of the water system admits "A Large amount of electricity is used"..............................


IS GOOD ENOUGH PROOF FOR ME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


In fact if you spend a little time investigating.............................


you will find reference to City of Toronto employing some NATURAL GAS FUELED PUMPS AS WELL!!!!!!!!!!!!!!!!!!!!!!!!!!



The Toronto drinking water system DOES NOT OPERATE ON GRAVITY OR SUCTION...........................


except as I have noted - where pumps push water up into towers ..................................


and of course once in the tower - gravity CAN TAKE OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
S

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
Twin_Moose said:
Saudis are increasing production against Russia's wishes which leads me to believe they are trying to get the Russians out of the ME on the back of global oil profits.

The same way they took ISIS profits away from the Black market

Oil prices take biggest plunge in decades amid coronavirus uncertainty, price-war fears
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I suggest that in addition to sticking it to the Russians.............................


the Saudis might be attracted to the chance to stick it to Iran as well!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


After all - Iran is a reliable supporter of various Middle Eastern terror factions!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Many of whom happen to be on the wrong side of the Shi-ite/Sunni divide!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Saudis are the opposite of whatever Iranians are!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Hence all the HATE between Iran and Saudis!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
taxslave

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
spilledthebeer said:
DREAM ON TURNIP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Gravity DOES NOT draw water UPHILL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Gravity DOES NOT draw water UP out of Lake Ontari-owe through a pipe into a treatment facility!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Gravity does not draw water from the facility and PUSH IT into pipes spread across the city.......................................
to be STORED A HUNDRED FEET OR MORE IN THE AIR......................................
in the nearest water tower!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Gravity DOES NOT give you 40 - 60 pounds pressure in a tap in a house AT THE TOP OF A HILL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Have you ever been to Toronto you turnip???????????????????????
Have you SEEN THE HEIGHT of the hill - which is actually an old lake escarpment running across the city.............................
near St Clair Ave??????????????????????
The one that requires pumps to drive the drinking water up - so more than half the city can get ANY water?????????????????
You must be related to MHz.................................
he also is fond of wildly improbably Rube Goldberg GIZMOS AS WELL!!!!!!!!!!!!!!!!!!!!!!!!!!
Simply google the question "how much electricity is needed to pump Toronto drinking a water..............................
and you will be directed to a City of Toronto web site that opens with this statement:::::
" A large amount of electricity is used to pump fresh water uphill in order to service"........................
No doubt there is a HARD ANSWER buried in the PDF file produced by the City .............................
related to the question about how much electricity they really do use...........................................
but I cannot be bothered looking for it.........................................
that the GOVT OPERATOR of the water system admits "A Large amount of electricity is used"..............................
IS GOOD ENOUGH PROOF FOR ME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
In fact if you spend a little time investigating.............................
you will find reference to City of Toronto employing some NATURAL GAS FUELED PUMPS AS WELL!!!!!!!!!!!!!!!!!!!!!!!!!!
The Toronto drinking water system DOES NOT OPERATE ON GRAVITY OR SUCTION...........................
except as I have noted - where pumps push water up into towers ..................................
and of course once in the tower - gravity CAN TAKE OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...
Mostly just you flatlanders that pump out of polluted lakes. You should get out in the world see how things really work.
 
Twin_Moose

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
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Twin Moose Creek
Gas prices set to fall 7 cents a litre across Canada on Wednesday: analyst

The price of gasoline across the country is set to fall by roughly seven cents a litre on Wednesday, as the impact of the unprecedented plunge in oil prices filters down to the gas pump.
Oil sold off sharply on Monday after Saudi Arabia kicked off a price war, announcing to the world that the country would pump as much crude as it wanted to, which began a race to the bottom for producers desperate to gobble up as much market share as they could at fire-sale prices.
The benchmark North American oil blend known as West Texas Intermediate was down by 20 per cent around midday on Monday, after earlier having been down by even more.
Crude oil is always one of the most important factors that determines the price of gasoline at the retail level — and that influence is even larger than usual this time around. Under normal circumstances, every $1 drop in the price of crude works out to a drop of about 0.6 cents at the gas pump, said Roger McKnight, chief petroleum analyst with En-Pro International Inc.
The European oil benchmark known as Brent Crude fell by more than $9 on Monday, which McKnight says should lead to a drop of about six or seven cents a litre for Canadians filling up by Wednesday.
Normally the price of gasoline varies wildly across the country, from high prices in British Columbia, to comparatively lower ones in Quebec. While those relative levels will stay the same, McKnight expects the pump-price drop to move in almost perfect harmony.
"You'll see seven cents a litre right across the country," he said.
It won't happen until Wednesday, McKnight noted, because there is always at least a one day delay as the impact of events upstream in the process filter down.
"They'll figure it out today," he said. "The wholesale price will be announced tomorrow," and drivers filling up at stations should see it after that.
U.S. gasoline will be even cheaper
The pump-price discount should actually be even greater, says Dan McTeague, president of Canadians for Affordable Energy, but Canadians are being punished as they so often are by foreign exchange impacts behind the scenes.
McTeague sees a scenario in which the price of gasoline falls by as much as 25 or 30 cents US per gallon. All things being equal, that should translate to about eight or nine cents a litre in Canada, he said, but the weakness in Canada's currency will whittle away some of those savings.
That's because while Canada exports crude oil, it imports a lot of its gasoline from U.S. refiners, who are happy to sell to the highest bidder. And anyone in Canada wanting to import gasoline from the U.S. has much lower purchasing power on Monday morning, because the loonie lost more than a cent as the price of crude sold off.
"It means although we should be getting cheaper prices, it won't be as much as our competitors in the U.S. will see," said McTeague. "The bottom literally is falling out of the market."
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The bolded is the only thing I see wrong with the article, isolated pockets get their fuel from the US, 95+% get their fuel from Canadian refineries across the country. Usually in an exchange with Canadian refineries shipping fuel to hard to reach markets in the Northern US states, much like the deals set up between Canadian refineries to distribute fuel to competitors service stations. See Regina supplies most service stations in Regina by blending competitors additives into their raw fuel and providing samples back to the competitor for analysis to prove compliance.
 
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S

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
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B00Mer said:
Alberta crude $17 a barrel

https://www.reuters.com/article/us-...back-as-alberta-orders-oil-cuts-idUSKBN1O2212
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Yeah..............................and rthe Alberta economy is now DOA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


I am thinking Doug Ford WASTED his time traveling to Ottawa .............................


in hope of getting more funding from Our idiot Boy for Ontari-owe!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But the fact is that if Alberta gets hit just a little harder..............................


the spectre of bankruptcy will LOOM LARGE over the province!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


With the result that Our idiot Boy will be FORCED to step in and offer federal gravy.........................


to prop up and guarantee the Alberta debts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



This series of shortages, limitations and gross debts is the natural consequence...................................


of decades of LIE-beral policy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Our idiot Boy blamed a "failure of leadership" when Venezuela cratered into Socialist chaos!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Our idiot Boy has only to look into the nearest mirror to find out who to blame.............................


for the GROWING Cdn mess!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
captain morgan

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
Twin_Moose said:
Gas prices set to fall 7 cents a litre across Canada on Wednesday: analyst



The bolded is the only thing I see wrong with the article, isolated pockets get their fuel from the US, 95+% get their fuel from Canadian refineries across the country. Usually in an exchange with Canadian refineries shipping fuel to hard to reach markets in the Northern US states, much like the deals set up between Canadian refineries to distribute fuel to competitors service stations. See Regina supplies most service stations in Regina by blending competitors additives into their raw fuel and providing samples back to the competitor for analysis to prove compliance.
Click to expand...


I dunno TW.


Gas is as high as $1.359 in the lower mainland.. I paid $0.719 at Costco yesterday.


Ouch!
 
H

Hoid

Hall of Fame Member
Oct 15, 2017
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09:15 am CST 18/03/2020

Canadian Crude Index
10.97 -20.85%

So I can buy a barrel of Canadian oil for $10 but 5 liters for an oil change costs $25?
 
petros

petros

The Central Scrutinizer
Nov 21, 2008
117,178
14,240
113
Low Earth Orbit
Costco isnt real gas. Its bottom of the barrel with squat for detergents and anti knock. A great way to screw your injectors making you burn more fuel.
 
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