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    - Peak Oil 101

    Started by TDoS Dec 01, 2024, 08:31 AM

    Message path : / Planetary Material Conditions / Peak oil / Exxon Joins OPEC in Warning of Looming Oil Supply Crisis #39


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    TDoS

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    • Master of Post-Gnostic Perspectives
    • Posts: 508
    Dec 01, 2024, 08:31 AM
    Quote from: RE on Nov 30, 2024, 11:03 PMI never mentioned Gail Tverberg nor is her name associated with this article, which was written by the Ruskie girl over there, Tsvetana Paraskova.  WTF do you bring up Gail?  She's not involved in this at all.
    I brought up Gail as an example because she the prototype of the "analyst" opinion written up in these articles...and her insipid analysis continues to this very day. Tsvetana I have been watching for awhile as her articles show up there fairly often. She doesn't do pesudo oil/energy "expert" charade like Gail does, she sticks more to mainstream titles and ideas and just appears to fall into "normal writer without direct experience" type.

    You were not specific about whom you presumed was trying to rig the markets, but Gail would certainly not be one of them obviously.

    Quote from: RENothing exists in a vacuum, so I don't buy no intent as plausible.
    Of course you don't. You have your way of figuring out problems, it has worked for you since you were 4 and smarter than everyone around you. You've decided you are correct, therefore you are correct. All quite self referential.

    You asked a question and I answered it. Not from your position of believing in some macro level idea, but from direct experience. In your world, there is no reason to incorporate people with decades of experience in the undersanding of a thing, if you happen to believe it otherwise.

    Quote from: REPlus nobody asked for advice, they merely polled a bunch of "experts" who are anonymous and took an average from their responses.  So the question remains of who these anonymous experts are and why a poll is published with a number that is more than 15% off to the high side.  Reuters is a huge newz organization with plenty of money and resources to do research.  That's a huge difference for anybody who invests of course.  Big institutional investors with their own in house experts probably don't pay attention to this but these guys who pitched out those numbers are selling to somebody.
    RE

    I know Reuters has money and resources. As does most everyone else in my arena of interest. So what? My job isn't to make money off of whomever speculating in the markets. My job is to do solid analysis upon which to make decisions, short the market, go long in the market, whatever. Renewable folks are also asking questions in my area of expertise.

    It has been quite a change. I made a career starting out explaining why peak oil 20+ years ago was a crock, being right about that morphed into explaining how big shale resources could be and quantifying it as it was happening, and now the renewables folks are asking questions about flattening US production and the geologic and cost limitations, to find the point for renewables in various forms to undercut fossil fuels. And to some extent trying to figure out the next US or world peak oil to "pile on" as it were.

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