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    #81
    Originally posted by chuckChuck View Post
    But high oil prices don't cause inflation? LOL

    Yes inflation, energy shortages and material shortages will affect everyone and everything. But unless you have a crystal ball you wont be able to predict the future any better than I.

    As an Albertan should know that commodities like oil in the last decades went from covid lows to war highs in the matter of months based on supply and demand.

    Good luck predicting what will happen in the next few months, let alone years and decades.

    But one thing we know is there is a worldwide effort to reduce carbon emissions and electric vehicles will be part of the change.
    There is no oil or gas shortage, it’s corrupt and misguided loony tune governments and whacked agenda driven politics that’s causing 90% of this

    Comment


      #82
      Furrow, so its government policy that is causing the price of oil to go up and down from covid lows to war time highs in the matter of months? The market forces of supply and demand has nothing to do with it?

      A5's chart shows the price of batteries is rising again after falling during much of the last decade. Just like oil and other commodities after a covid recession? That's a strange coincidence don't you think? LOL

      Saskatchewan and Alberta and 2 other provinces just announced they are going to invest in small modular nuclear reactors to reduce carbon emissions. Yep, Moe and Kenney want to reduce carbon emissions to fight climate change. Shocking.

      So when hard core climate change deniers make forecasts about technology change and climate change, it should all be taken with a grain of salt.

      Don't expect much logic from people who still don't believe or can't grasp the basics of climate science or who think everything is a giant conspiracy and someone or something is pulling all the strings.

      Comment


        #83
        If rephrased to say the high prices for oil and gasoline are largely due to political interference does that make it any easier for you to see Chuck?

        If allowed to operate with little current or future interference what would the price be?
        Higher or lower?
        Last edited by shtferbrains; Mar 30, 2022, 10:00.

        Comment


          #84
          Originally posted by shtferbrains View Post
          If rephrased to say the high prices for oil and gasoline are largely due to political interference does that make it any easier for you to see Chuck?

          If allowed to operate with little current or future interference what would the price be?
          Higher or lower?
          That's an impossible and irrelevant question to answer because it's never going to happen.

          OPEC manages supply and prices within a range of pricing that keeps consumers buying and economies growing.

          Most oil supplies in the world are state controlled.

          Canada's impact on world prices is relatively insignificant.

          Energy price shocks because of war and disruption are driving energy security concerns and innovation as we move to a low carbon emission economy.

          Comment


            #85
            Originally posted by chuckChuck View Post
            That's an impossible and irrelevant question to answer because it's never going to happen.

            OPEC manages supply and prices within a range of pricing that keeps consumers buying and economies growing.

            Most oil supplies in the world are state controlled.

            Canada's impact on world prices is relatively insignificant.

            Energy price shocks because of war and disruption are driving energy security concerns and innovation as we move to a low carbon emission economy.
            Wonder why Canada with the third largest proven oil reserves is not a factor?

            Comment


              #86
              Originally posted by chuckChuck View Post
              Hamloc you need to look at the countries and regions where renewable electricity is having a big impact including Alberta, Canada, the UK, and Denmark. Hydro is considered renewable. But your own oil rich province is making great investments in wind and solar. Shocking isn't it?

              Obviously the Alberta businesses involved must be bad at math and economics otherwise they wouldn't invest right! LOL


              Well I guess once you go renewable electricity like Denmark all is good .
              I wonder what it costs to charge an EV there ?
              The same will happen here .
              Like when the carbon tax first came out … don’t worry it’s just a little bit … till we get to $170
              Same will happen with electricity, once they convince / force the masses then crank er up so they become almost unaffordable. But hey it’s all about building back better then the budget will balance itself.

              Comment


                #87
                But Moe wants to invest in the nuclear option which is one of the most expensive options, when next door Manitoba has a surplus of hydro that could provide a very stable source of electricity imports.

                At an estimated $5 billion each SMRs are not close to ready and likely to cost $10 billion by the time Saskatchewan has one installed. $10 billion will build a lot of power lines to Manitoba hydro.

                And in Alberta farmers pay significantly more for electricity than does Saskatchewan and Manitoba farmers.

                By the look of the charts electricity in Alberta is more expensive than some of the European countries in the list. This all in the land of excess fossil fuels?

                60 % of Canada's electricity is already from hydro which is some of the cheapest in North America. Wind and solar along with innovative storage and an upgraded and improved smart grid hooked into Manitoba hydro would be a smarter investment.

                But Moe wants to choose the SMRs built in Ontario which won't be in place untill some time in the next 15 - 20 years?

                Comment


                  #88
                  We are the solar capital of the world our state. We have to pay to put excess electricity back in the grid.

                  Cheaper states basically coal.

                  Tis what it is just giving you real world figures here.

                  Charges etc on top.

                  Solar systems increasing monthly it seems.

                  Line ball for some.

                  I’m ok in my tent and bonfire for light and warmth.

                  Edit and wind power big here as well

                  Click image for larger version

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                  Comment


                    #89
                    Originally posted by Landdownunder View Post
                    We are the solar capital of the world our state. We have to pay to put excess electricity back in the grid.
                    What have I been telling Chuck all along?
                    That solar power, when the sun is shining, above a certain ( very low) penetration, is less than worthless.

                    Comment


                      #90
                      Well now that is interesting!
                      I never thought about that
                      Can solar panels be shut off ?
                      Or does that excess power have to be sent somewhere ??

                      Comment

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