Currency Markets & Inflation

[TDoS]

I'll update periodically.  When it breaks into the $60s, we'll see how much the frackers still wanna sell.
RE

Fracking companies don't sell oil, they do recompletions on a cost per job basis. The companies contracting out the completion to service companies that do hydraulic fracturing own the oil, and sell it once produced. They will stop drilling and doing completions if the price gets low enough, depending on their breakeven costs for a desired rate of return. The service companies lay people off when business slows down, not just those doing the completions.

[RE]

I'll update periodically.  When it breaks into the $60s, we'll see how much the frackers still wanna sell.
RE

Fracking companies don't sell oil, they do recompletions on a cost per job basis. The companies contracting out the completion to service companies that do hydraulic fracturing own the oil, and sell it once produced. They will stop drilling and doing completions if the price gets low enough, depending on their breakeven costs for a desired rate of return. The service companies lay people off when business slows down, not just those doing the completions.

The question is, at what price does the company who has the lease on the extraction rights stop extracting oil from that location because it costs more than the next link in the chain (the refiner I guess?) will pay for a barrel of it?

I thought your expertiese might finally prove helpful in predicting what price on the futures market would lead to a significant drop in total sales and exports from the FSoA producers?  Oh well, just gotta wait and see.

RE

[K-Dog]

Only experts might know the answer to that, and they aren't allowed to post here as just their expertise along is grounds for censoring the answer.

Actually that is grounds for censoring you.  Not just for misspelling,  Insulting another Diner violates our code of conduct.  You can only mean RE, I or both of us.  Your meaning is clear.

As you were not specific I'll take your insult at being directed at both of us.

The thought police calling us the thought police is a rhetorical trick, but I don't recall which one it is for the life of me.  Can you refresh my memory?  Tu quoque is the one I think it is.  But since you are the one performing the chicanery, why must I guess?  You can just tell me.  I'm dying to know.

[TDoS]

The question is, at what price does the company who has the lease on the extraction rights stop extracting oil from that location because it costs more than the next link in the chain (the refiner I guess?) will pay for a barrel of it?

The people who know the answer to that question who took the time to post it would have the information hidden, erased, censored or otherwise removed as it is against the rules to be such an expert.

I thought your expertiese might finally prove helpful in predicting what price on the futures market would lead to a significant drop in total sales and exports from the FSoA producers?  Oh well, just gotta wait and see.

RE

What experience? Those with experience enough to be an expert, should they dare to post here, are subject to censorship, banning and misrepresentation should they dare to demonstrate said experience.

[TDoS]

Only experts might know the answer to that, and they aren't allowed to post here as just their expertise along is grounds for censoring the answer.

Actually that is grounds for censoring you.

I completely understand. How dare anyone contradict the accepted herdthink. If this rule was ever challenged, it might reveal that some animals are more equal than others.

Is there a forum where we can try out posts to make sure we don't broach the herdthink rules in advnace(sic) of doing the work, and having itt (sic) either A) all erased or B) hiddden(sic) from others so the animals that are more equal than others can keep such understaanding (sic) to themselves?

Sort of like the Church, back in the day, hiding ideas it didn't like because it might upset the mindless massess (sic), plus the retention of power is all that matters. Even if the followers can be counted on a single hand. Or maybe...two hands...iff (sic) you only allow the thumbs to be counted.

[K-Dog]

Only experts might know the answer to that, and they aren't allowed to post here as just their expertise along is grounds for censoring the answer.

Actually that is grounds for censoring you.

I completely understand. How dare anyone contradict the accepted herdthink. If this rule was ever challenged, it might reveal that some animals are more equal than others.

Is there a forum where we can try out posts to make sure we don't broach the herdthink rules in advnace(sic) of doing the work, and having itt (sic) either A) all erased or B) hiddden(sic) from others so the animals that are more equal than others can keep such understaanding (sic) to themselves?

Sort of like the Church, back in the day, hiding ideas it didn't like because it might upset the mindless massess (sic), plus the retention of power is all that matters. Even if the followers can be counted on a single hand. Or maybe...two hands...iff (sic) you only allow the thumbs to be counted.

Some people are more equal than others here.  RE started the Diner and I am the webmaster.  Anybody else who posts here is a guest.  And that be U.

You are welcome to start the Denial Diner any time you want.  And if you do you can put RE in the cooler any time you want.  Just like he does to you.

I'll clear up a misconception.  We do not have free speech here.  RE and I are tyrants who can do anything we want.  You are free to express many things here which you are not free to express at other places, but free to express anything you want here.  Oh fuck no.  I left my idealism behind long ago so try and understand I am not living by rules here.  I make the rules here.

If you get your own place you can say anything you want.  On your own website you will have free speech.  Just like I do here.  And if you are like me you will remember that it is your tolerance that lets any dissent exist where you pay the bills at all.  Because you will pay the bill and own the place.  Just like I do.

Owning a website gives someone a better understanding of 'free speech'.  It is like being a parent.  It changes you.  Go for it.  In time you will realize what free speech really is.  Currently you have no clue.  I do.  I have been on both sides of the fence, and you have not.

[TDoS]

Some people are more equal than others here.  RE started the Diner and I am the webmaster.  Anybody else who posts here is a guest.  And that be U.

So...you restated what I said because you figure....I didn't already know it? Sorry guys, I know we are all geriatric, but some of us appear to be more geriatric than others.

You are welcome to start the Denial Diner any time you want.

Amusingly, I've never needed to advertise.

And if you do you can put RE in the cooler any time you want.  Just like he does to you.

Why a wonderfully silly idea. You don't seriously think a philosophy of only talking to people who agree with you is how science is done? You take your idea, write it up, find your most voriferously active opponent, and let them tell you what is wrong with it. Separate the wheat from the chaff, and presto, an improved product.

People who build the echo chambers WANT them because they can't stand an exchange of ideas, particularly when they spout bad ones so eawsily dismissed. Toyota going bankrupt in 2008, I mean really, that should have been laughed out of existence in real time. Instead? RE pretends he didn't write it.

I own everything I've ever published. And that isn't on the internet where the rules are just make shit up and pretend it is true...and pretend to forget the crap you said that was nonsense. I leave that to the experts here.

I'll clear up a misconception.  We do not have free speech here. 

Go read what I wrote this morning. Are you so age addled that you've forgotten it already, because I've already pointed out that of COURSE there is no free speech here. THAT ISN'T THE POINT OF AN ECHO CHAMBER.

Owning a website gives someone a better understanding of 'free speech'.  It is like being a parent. 

Is it? Neither you nor RE claim to be parents, so how in holy hell would either of you know ANYTHING about a real job like that? How many kids have you raised K-Dog? One? Three? I've got 2. I've got pics. Are you a parent, or just being a blowhard PRETENDING you know what it is like to parent?

[RE]

Even in a strict adherence to free speech, Newspapers aren't required to publish every letter to the editor that they receive.  These websites are privately owned just like newspapers.  All political magazines and newspapers have a political spin, the Christian Science Monitor and Der Spiegel do not publish material by the same authors for instance.

As editors go, K-dog and I are pretty tolerant of contrarian opinions.  Your problem is that besides being contrarian, you're a jerk.  Your main purpose is to insult contributors and disrupt any website that is focused on collapse and its relationship to energy and oil extraction.  If you were really concerned with informing the general public and not just other industry people who read the journals, you would run your own Blog or Webzine.  The kind of thing Carl Sagan did to explain astronomy concepts to the general audience with Cosmos.  You could make a Mini-series "Frackenverse" to explain to the world why Peak Oil analysts were all wrong and why we won't have Peak Demand by 2029 as the EIA predicts.  You could even use your real name and take credit for proving them wrong.  That would be too risky though and you'd be sued for libel by all the people you insult, since I doubt you could make it through a an episode without trashing a half dozen people who don't agree with you.

So, you post here to exorcise the demons of growing up as white trash, and insult cripples who can't fix a tire on an EV wheelchair.    That will win friends and influence people I'm sure.

RE

[K-Dog]

Your problem is that besides being contrarian, you're a jerk.

He is this kind of guy.

[RE]

Question is, with everybody selling  FSoA debt, who's buying it?

https://watcher.guru/news/brics-japan-dumps-63-billion-worth-u-s-bonds

RE

[TDoS]

He is this kind of guy.

Oh please. I'm the kind of guy who when people find out who I am, they react like this place has.

[K-Dog]

Dude, we still don't know who you are.  You have no bona fides that I am aware of at all.  You are the Doomstead Troll, a feature of the system.

[RE]

You could be Jesus fucking Christ and Albert Einstein rolled into one and it wouldn't change a thing.  You are the sum of what you put on these pages for us to read, nothing more and nothing less.  What you present here is an obsessed and petty troll who gets his jollies insulting people.

I advise sticking to topic and not responding to this unless you want another cooler trip today.

RE

[TDoS]

Dude, we still don't know who you are.

You might be able to honestly say that. I say "might" because I find it unlikely that RE could keep his mouth shut after he has already announced the product of his investigations, confirmation by Haniel that it was indeed me, passed around publications to moderators and teacher favorites at the old diner, and then Surly started posting photos. Back when there were far more than just the geriatric remnants here.

You have no bona fides that I am aware of at all. 

Well, you are allowed to be unaware. For the life of me I don't remember the level of your interaction back when the Diner had an actual membership, so I can't say otherwise.

But RE can't say that. He knows better than reveal that there is a reason why, in my case, the mountain comes to Mohammad.

[TDoS]

You could be Jesus fucking Christ and Albert Einstein rolled into one and it wouldn't change a thing.

Again, you state the obvious. And again, obviously, this isn't about me. You don't know why I'm even here, remember? Can't be bothered with key independent variables in RE's world, don't need'im!

I advise sticking to topic and not responding to this unless you want another cooler trip today.
RE

Oh but of course Oh Exalted One.

On another note, my father is scheduled for an above the knee amputation this week. Does it sound as shitty a thing to happen to someone as it sounds? You are the only other person I know who it has ever happened to.