Oil plunging to unprecedented lows with more output cuts on the way

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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I want an electric bike with 4.5 inch tires for the beach.
I can cart it around in the pick up truck ("ute" in NZ for utility) as long as its liftable, and also take it in the inflatable boat and strap it along the centerline.
It will give me land and sea strike capabilities.
$2000 Canadian. Incredibly useful vehicles.

The step-through (girls) bikes are actually a better idea. There is no need for the top bar and not having one allows you far greater freedom of movement
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
there are still coal-fired generators?
Have they never heard of the Sun?
Sun is a dayshift worker that takes rain days. The real world can't wait for the sun to come out. That is why we have snowplows too cause the sun failed to do its job properly.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
I want an electric bike with 4.5 inch tires for the beach.
I can cart it around in the pick up truck ("ute" in NZ for utility) as long as its liftable, and also take it in the inflatable boat and strap it along the centerline.
It will give me land and sea strike capabilities.
We have one. Not bad for short trips. I would suggest not taking it near the ocean though.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
My Tesla solar power panels and battery has gone are now feeding the grid and making me money.
I don't have a power bill, I have a power subsidy.
I had a buddy when I lived in Ontario who had black hose in coils which heated his swimming pool.
A hundred years ago, who could imagined black tubing.
The point is, technology changes creating new solutions to old problems.
So how do you drive the car when the batteries are drained?
 

taxme

Time Out
Feb 11, 2020
2,349
976
113
$1.249 yesterday.

Where is that price? As the oil price drops, the gas prices go up. Go figure?

I know that here in the Lower Mainland of BC, most people would drive across the American border to get their gas at a much lower price. But thanks to this border shut down, we now are forced to buy gas at a higher price than what it should be. Whoever said that Canada has not become one big gigantic ripoff country?

With more travel being done in Canada by car these days, one would think that the price of gas would be way way down there. But sadly, it is not. A couple of months ago the price of gas was at 89 cents a liter in Vancouver. Today it is at $1.15 a liter.

I think that I must be walking around with a hole in my arse hole pants, and getting something shoved in my arse hole pants, and I am pretty sure that it either must be the government or the oil companies or both. It is starting to hurt now. Lol.
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
Sun is a dayshift worker that takes rain days. The real world can't wait for the sun to come out. That is why we have snowplows too cause the sun failed to do its job properly.




True dat! You gave a Fine Sunny response!


To bad that hemerHOID is to DENSE to understand such LOGIC!
 

petros

The Central Scrutinizer
Nov 21, 2008
117,406
14,305
113
Low Earth Orbit
You need China.
Why? We have you and your gas guzzling 08 Honda Civic.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,406
14,305
113
Low Earth Orbit
Where is that price? As the oil price drops, the gas prices go up. Go figure?
I know that here in the Lower Mainland of BC, most people would drive across the American border to get their gas at a much lower price. But thanks to this border shut down, we now are forced to buy gas at a higher price than what it should be. Whoever said that Canada has not become one big gigantic ripoff country?
With more travel being done in Canada by car these days, one would think that the price of gas would be way way down there. But sadly, it is not. A couple of months ago the price of gas was at 89 cents a liter in Vancouver. Today it is at $1.15 a liter.
I think that I must be walking around with a hole in my arse hole pants, and getting something shoved in my arse hole pants, and I am pretty sure that it either must be the government or the oil companies or both. It is starting to hurt now. Lol.
I get a laugh out of your type.

Fuel is a completely different market for one Secondly, just because gas was 50 cents L with a $25bbl 30 years ago doesnt mean labour, maintenance, energy, equipment, pensions, taxes and administration hasn't doubled does it?

We need more Unions to strike to keep inflation chugging along.

You can thank green beans for the closure of 3 of 4 refineries on the Barnet. Pt Moody used to be the big oil hub for the Pacific Northwest.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,406
14,305
113
Low Earth Orbit
Sun is a dayshift worker that takes rain days. The real world can't wait for the sun to come out. That is why we have snowplows too cause the sun failed to do its job properly.
There is only 1 place in Canada you can do solar fulltime. Saskatchewan. Even short days in winter are enough to meet a home's needs. 300+ sunny days a year is a very very beautiful thing.
 

pgs

Hall of Fame Member
Nov 29, 2008
28,534
8,139
113
B.C.
I get a laugh out of your type.

Fuel is a completely different market for one Secondly, just because gas was 50 cents L with a $25bbl 30 years ago doesnt mean labour, maintenance, energy, equipment, pensions, taxes and administration hasn't doubled does it?

We need more Unions to strike to keep inflation chugging along.

You can thank green beans for the closure of 3 of 4 refineries on the Barnet. Pt Moody used to be the big oil hub for the Pacific Northwest.
No IOCO is just a cool sounding gated community.
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
6,160
113
Twin Moose Creek
Russian sovereign fund chief says no point extending OPEC+ cuts: RBC

MOSCOW (Reuters) - With global economies and oil demand recovering, there is no point in extending oil output cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and other producers, Kirill Dmitriev, head of Russia's sovereign wealth fund RDIF, told RBC.

Producers are currently cutting output by a record 9.7 million barrels per day (bpd) - or 10% of global supply - after oil demand plunged by up to a third.
On Thursday, a panel of the OPEC+ group of producers left the door open for extending or easing those cuts from August, while pressing a number of countries, such as Iraq and Kazakhstan, to improve their compliance.
"We already see that economies have started to emerge from the coronavirus and markets are recovering, supporting oil demand, so there is no point to extend strict curbs for longer than a month (through July)," Dmitriev, one of Moscow's top negotiators, told the RBC Daily newspaper in an interview.
Current plans call for the cuts to fall to 7.7 million bpd from August and stay at that level until December.

Russia getting desperate for money if they are willing to risk another Oil pricing war
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
The same way I drive my car or truck when they are out of gas.
$5 U.S. per gallon here
https://www.globalpetrolprices.com/New-Zealand/gasoline_prices/




And yet you still drive the truck INSTEAD of being a good little LIE-beral



and buying yourself an electric TOY car!


You are a TYPICAL LIE-beral!


Chock full of instructions regarding how you feel WE MUST LIVE!


But you HAVE NO INTENTION of living that way yourself!


And yet LIE-beral idiots like you feel ENTITLED to resent it when we point out how RUDELY ENTITLED YOU ARE!
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
Thats called a battery.
You know your getting old when you think a Hybrid Corolla looks kinda sweet.
I still prefer a Hilux.




Nut Zone Doug offers us a photo with a caption in small print at the bottom that reads:


"Clearly conceived ideas are easily expressed"!


Nut Zone Doug needs to understand this is EXACTLY WHY NEITHER LIE-beral values


NOR BEIJING BUTCHER VAUES are getting any respect!


The values of the Soviet Socialists are conceived to be deceitful, dissembling and selfishly dishonest!


Thus the Soviet Socialist values CANNOT be clearly or easily expressed!