Gas prices

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Calgary has the same latitude as London, and Edimburgh is higher than Edmonton. I can tell you from experience than the winter is way colder in Calgary and Edmonton than London. Northern Europe is warmer than Canada mainly because of the Golf Steam. If it slow and or reduce, Europe will feel much colder. Apparently the Golf Stream is disturbed by the huge amount of pure water generated by the two ice caps melting.

So yes the global warming, reduce the big ice fields, that melt, generating pure water, that mix with ocean salt water (not the same density, temp, etc) do have effect on the major ocean currents.

The effect on the Golf Stream are apparently already showing…
 
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At the prices which are being shouted about ($200-$300/bbl) you can economically make methanol from wood chips or discarded newspapers with a simple still/condenser. (That's why they called it "wood alcohol" ) Just don't drink the stuff.

There are many alternative fuels but the 1% can't capitalize and manipulate and hold people hostage with those like they can with good old dirty crude and mined natural gas.

Vegetable oil works in diesel engines. https://www.tandfonline.com/doi/abs...s (HDVs,not limited by feedstock availability.

That's an interesting one, fuel from plastic
the cooking process doesn't sound so eco friendly (yet) though.
 
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It seems that the discovery of new pockets of oil on a global scale is currently of volume whereupon oil reserves are holding constant. The conclusion being that the volume of oil being used is just equal to the volume of new oil pockets being discovered. Perhaps I am mistaken, but It seems that estimates of oil running out is based upon an estimate of consumption in relation to the current estimate of oil reserves in the exclusion of further oil being discovered. The question becomes to the estimators as to how it is known that all oil has been discovered that there is to be discovered to support drawing a conclusion when oil will run out?
There is SO, SO much to unpack here-

First this-

https://www.usgs.gov/news/national-...-assessment-bakken-and-three-forks-formations
Energy security for free world... aka US, Canada, NATO members give a strong platform of security, if needed, when push comes to shove from hostile foreign entity looking to leverage energy needs for their twisted goals... clearly article above, from Dec '21 is up-to-date, therefore relevant- IMO.

Hench forth, but No-
I don't believe we should go back to the era that created the smog pics from LA back in the '70's. But I also don't believe Electric transports are the answer cuz electricity doesn't grow on trees- LOL. (American humor). Most places God's green Earth electricity is generated by Fossil Fuels... So what's the Carbon gain?

Ergo this-

https://www.c2es.org/content/carbon...rbon Capture: Post,likely to use this method.
Above isn't Pie-in-the-sky stuff... It already exists- Hope for the Best- Plan for the worst
Jim

ps. Thx to the mods for letting us vent...
 
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Were grinding very close up to the $2.00 per litre mark in Ontario. I never check the price predictions but bet its bumps over two bucks by the weeks end.

It might be similar to aging. After it rounds the next zero mark it has less shock value and hurts less.
 
Funny thing wasabii mentions discarded clothing. Now that I no longer visit an office I wear older shirts as long as they have recognizable arm holes and a collar. Sweats are discarded once they have too many holes.

Funny thing I passed two geese while pulling out from a grocery store. Wonder if I could have opened a side door and asked them to hop in. My wife would have done a fine job with any of them as long as I did the prep work.

 
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Several things here:
North America has the largest fossil fuel reserves, lots in expensive to extract substrate like tar sands.
The second largest reserves are with Russia.
The third largest, in throttled down mode (they are able to increase delivery as needed) is Saudi Arabia.
Nigeria and Venezuela also have significant ready to pump capacity.

Also, the price quoted is for spot delivery, which is about 5% of the actual quantity delivered, the rest is long term contracts at a mutually agreed price.

Also, it takes a long time from the extraction of oil, to being transported, refined, and then transported to the gas station. Think months.
What was the world situation before Christmas?

Like P G Wodehouse once said, "You know what is the problem with the Wall Street guys? Too much coffee"
Not an exact quote, but think also that a few hundred professional traders are causing so much mental agony.

France and Japan I think have significant electrical energy production from Nuclear, at least is is less environmentally harmful than mined coal.

Solar power (and wind power), and electric cars will be normal in the next decade, so the need for oil from politically unstable areas will reduce.
 
Here, today, about 95 Rupees a liter, a big increase expected after the elections are over, which means any time.

Conversions:
3.785 liters = 1 US Gallon
4.55 liters = 1 Imperial (UK) Gallon
1 barrel oil = 159.16 liters
1 Dollar is about 75 Rupees (it is fluctuating, but easy to do mental calculations)

Refining Margin is about $15, so the price for finished goods from the refinery is oil + 15 for 150 liters (taking into account energy to refine and transport).
The actual yield of different distillates depends on the crude source and the plant requirement, here the plants have hydro crackers to convert heavy fuel to diesel, as the demand is highest for that.
That also is an added cost, but minor.

So the actual spot price at Rotterdam today should be below $150 for 150 liters...or about $4 a gallon, for gasoline, diesel, kerosene, naptha and the like.

The rest is taxes by the governments involved, who see this as a price inelastic source of revenue.
In other words, you are a cash cow, and you have no alternates, unless you have alternate fuel sources for your vehicles.
 
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Hi,

monday morning it was 2.01-2.15€/L Diesel to Super+
tuesday morning it was 2.14-2.24€/L Diesel to Super+
I'm getting happier every day driving around with my little rolling torchlight (Renault Zoe).
Having around 50km a day to get to and from work, I just need to recharge once a week.
@kodabmx: You should understand that recharging a BEV asks for a different strategy than fueling.
I'm absolutely happy that I don't have to waste extra km just to 'refuel' my car.
When I arrive at home I just plug it into the wall outlet and the next morning its recharged.
Convenient, easy, no waiting in a lane, no bad smells, no stinky or dirty fingers, no waiting at the cashier, no heartattack when getting the receipt.
Even if You need to drive alot more km per day is the range of new BEVs sufficient to do all of the driving at day and recharge over night -apart from a few extreme cases.
And if someone thinks, he doesn't need a small pause after 400-500km or 4-5h of driving, having a sip and a bite, he's an idiot driver anyway -imho.

jauu
Calvin
 
Solar has become significant in India. Just saying.

Can you recharge an EV in the time taken for a meal? Not yet.
But then most of us use cars as a commuter, not for long trips.

My car gives about 30 km per kilo of natural gas, and about 20 km per liter on petrol, it works out half the price to run on gas, I can use either source.
And the natural gas is partly local, so much cheaper than gasoline, it is about 68.5 Rupees per kilo here, and only 46 Rupees or so in Delhi. Petrol prices are similar in both places but gas is much cheaper in Delhi due to lower taxes there. Also, as an incentive to reduce pollution, as they have have very bad smog.

Gasoline and petrol are the same fuel, just different names used in different parts of the world, USA citizens tend to call it gas as a short name of the liquid fuel gasoline.

Oh, Australia has significant reserves, along with Qatar, of natural gas, and LPG vehicles were popular in Australia.
LPG is a petroleum refinery product, unlike natural gas, which is just filtered and pumped.
 
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