tag:blogger.com,1999:blog-7806136543904112143.post611894257625933745..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #16020Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7806136543904112143.post-18929771975413315672016-01-20T13:28:16.139-06:002016-01-20T13:28:16.139-06:00D looks like a winner to me but that's just a ...D looks like a winner to me but that's just a guess. Not much behind the threat to outlaw internal combustion engines, just more hand-waving by the political crowd trying to appease we peasants.<br /><br />Then there's the other side of that equation...if they do dump fossil fuels, what are those electric cars going to run off of? Daylight?<br /><br />There might be SOME batteries that good but are there enough inputs kicking around to cheaply mass produce a couple or three billion of 'em?<br /><br />Hydro will have all it can handle keeping millions of homes heated and lit...but again we are assurred that technology will save the overlord's bacon.<br /><br />You? just keep on doin' nothin'...that's their 'best possible' outcome.Gegnerhttps://www.blogger.com/profile/01918737715343158105noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-13907295816548884052016-01-20T11:19:42.915-06:002016-01-20T11:19:42.915-06:00re glut. Interesting perspective. Of course oil p...re glut. Interesting perspective. Of course oil prices do not necessarily correlate with supply & demand, and oil companies don't necessarily make money simply by selling oil above their cost.<br /><br />So, the cynic in me looks at this and considers explanation among:<br /><br />- This is the canary in the coalmine. The one percent gap in supply/demand is magnified by the 100x leverage in the shadow market. aka subprime 2007.<br /><br />- This is the insiders stampeding everyone else off a cliff, so they can whipsaw us and make a buck on the rebound.<br /><br />- This is the insiders creating havoc so they can sweep up assets on the cheap and consolidate power.<br /><br />d. all of the above.McMikenoreply@blogger.com