/biz/ - Business & Finance

>>18584067
clean energy is getting wrecked worse
STUPID

She will probably be President one day.

>>18584067
...

>>18584067
Lmao

shes a dumb cunt but here she's right

>>18584067
Classic "New Paradigm" talk. This will age like warm milk.

>>18584067
She's unironically correct and only fucking retards want to continue to build the global economy off a finite resource that triggers a market crisis every time demand decreases.

Oil literally should not be used outside specific industrial roles where renewable or alternative fuel sources are not yet up to par. For personal usage and general industrial activity renewables and alternatives such as biofuel are what we should invest in and transition to.

>>18584067
NO BITCH! OIL HAS TO GO BACK UP SO I CAN GET OUT OF MY FUCKING SHITTY ASS POSITION. THEN YOU CAN NUKE ALL THE OIL FOR ALL I GIVE A SHIT. Fuck I'm just gonna sell this shit at a loss before I lose everything

>>18584162
Relax, we will win. Dumb bitch bartenders never win.

>>18584080
But...it's not?

>>18584067
Cheap oil means more is burned and renewables are used less because they’re just as expensive.
I fucking hate leftists. They’re retarded.

>>18584238
>Cheap oil means more is burned
Yeah bro that really doesn't apply when demand has fallen this low.

We're not going to see usage normalise for literally months, oil is not suddenly going to bounce back naturally.

>>18584067
>oil is beyond free
>lets not use it and spend money on alternatives that don't really work yet
Only a Democrat could LOSE money right now.

>>18584271
Low demand applies just as much to renewables and has nothing to do with oil.

Except its impossible for that to happen. Does this bitch realize that gas powered vehicles is only a tiny fraction of the world's oil usage? Every single piece of plastic, every road, every roof on every house, etc is all made primarily out of oil. Lets take the case of rooftops for example (literally every system from shingles, to modbit granular, TPO, EPDM, PVC, etc). Its all made out of oil based products. Also, these producers have to be able to offer warranties on their products, which requires rigorous product testing. They can't just roll out some hemp-based shingle and warranty it for 15 years without literally years of development and product testing.

Its not as easy as just "lol we should move away from oil right now"

>>18584067
>implying the need for oil vanishes overnight because of a flu

>>18584067
>>18584122
AOC is the definition of kinda cute but an absolute moron. This is only going to trigger a gigantic rebound in oil prices later on. I think I'm starting to notice the mental logic of progressives, it's to push away making money because of some moral instinct that says it's predatory. Imagine if gold fell to negative prices and the government decided to give up on gold for copper.

>>18584238
Burned for what?
You can't just plonk down oil fuelled power plant and industry has ground to a halt. The entire US oil industry is about to go under. There's no demand, there's 14M barrels of oil being shipped over by the Saudis and storage is full worldwide. They're paying tankers $350,000 a day to sit at anchor with their holds full.

>>18584067
lmao the economy is fake and gay

Wouldn't this make way more sense if oil was, say, 5,000 a barrel? Why on Earth would you move away from an energy source that's becoming exponentially cheaper? Wtf

>>18584362
lol the amount of people who will be kicking themselves at the end of the summer, or are going to buy at the height of the rebound is going to be hilarious. Gonna be so many "shoulda bought oil stonks" threads

>>18584371
When one energy source is cheaper than another you use the cheaper one.

>>18584238

>believing leftism has anything to do with energy agenda

The US doesn't have real leftists. Environmentalist agendas are have nothing to do with leftism. Retard.

>>18584067
>fossil fuels cheaper right now
>this will somehow spur a transition to renewables

i think the opposite, this just set renewables back 20 years

>>18584419
Screenshot that one

>>18584398
People are stupid.

>>18584378
True

>>18584430
LOL

>>18584067
>>18584067
build more nuclear. we don't need unreliable chink made eyesore bullshit that is equally pollutive when taking into account the manufacturing process and depends entirely on the weather as more than light virtue signaling in liberal areas. it's not a worthwhile thing to base your economy on. this commie retard also has it backwards because it would be a better plan if fossil fuels were expensive than if they were cheap as they are now. I get why communist agents would want to push renewables though because they are so easily sabotaged. fuck off with that.

>>18584429
I'm not arguing for renewables? I'm wondering why oilmen should be happy when no one is using it?

>>18584067
>long term structural decline
that's not true in any sense whatsoever, fossil fuel usage continues to grow in leaps and bounds every year, this price collapse is the death of "green" energy though

>>18584067

>>18584146
China and japan are jizzing their pants at the thought of the west abandoning oil. The last developed economies who refuse to “go green” (commit suicide) will become the masters of the universe.

>>18584485
>build more nuclear.
kys commie

While not relying on oil is clearly the best alternative on the long run, with the technology we have today, we can't replace oil use in aviation or maritime transport. Therefore we still got a couple of years ahead before oil goes o solete.

>>18584491
I’m not saying they should be happy. Many will go out of business. But since oil is so cheap there is zero incentive to switch to an alternative therefore ensuring oil’s use for tens of decades.

>>18584435
>tfw totally forgot that this ruined the green energy "economy" for the near future
>college boards are saying Biden's free college plan couldn't even happen thanks to states in the pandemic
Is there going to be anything left for the left to run on in November?

>>18584435
From a consumer side, low prices are good.

From an industry side, people are going to have to transition hard in order to stay afloat. You might've seen those articles about oil companies buying BTC mining rigs -- this process will accelerate and diversify the efforts to move away from oil because they can't make money in oil.

The strides solar and wind have made in cost-efficacy is absurd. I agree with AOC, but suspect that it will be market forces leading the effort and not government incentive projects (though they could be a factor, just not the main thrust)

>>18584539
read >>18584340

The entire construction and manufacturing industries from top to bottom would need to be changed entirely. This takes decades not years

>>18584534
read a book you fucking chink spook

>>18584553
So when they close up US shale and the country needs to rely on it in the future when all of this calms down, they should rely on foreign sources?
Or is it possible to quickly shut down or reopen Shale? As I understand it, it is more economical to keep oil pumping even if it's at a huge loss.

>>18584584
all my buddies got laid off, now were gonna work at amazon.

fuck oil

cant wait for my tesla truck

>>18584599
retard, the chinks are the one who build nuclear plants for other countries
you're literally a chink shill, back behind your firewall zhang

>>18584584
>buying BTC rigs to hedge oil
>BTC about to crash as hard as oil
Nobody more kekd than someone who took this route

>>18584100
Don’t agree with what she says most of the time but she’s definitely on that trajectory popularity wise. That being said if she doesn’t run as soon as she legally can she won’t be president. The longer she waits the greater the chance she fucks up or people just lose interest.

>>18584619
Shale oil wells can be easily reopened. When the companies that own them now go out of business bigger companies will buy their assets, wells, and pump them whenever it’s economical to do so.

>>18584629
>oil literally free
>let’s abandon it as a source of energy
Can someone explain to me this line of thinking?

>>18584162
>Having a breakdown because some dumb Soros backed hole has a dumb opinion

Get off the ledge, anon. Things will be fine. This is the dumb cooze who said the world would end in 12 years then had to walk it back when she got ridiculed.

>>18584067
Is she braindead?

>>18584100
No shot

>>18584693
grab a brain

>>18584362
>. I think I'm starting to notice the mental logic of progressives, it's to push away making money because of some moral instinct that says it's predatory
You're on to something there

>>18584237
if you scream things loud enough they become facts :^)

THE VIRUS ISNT REAL

>>18584667
>Shale oil wells can be easily reopened.
That's interesting.
It'll be interesting to look at large energy companies and see what they do. Tankers are doing well at the moment. Is there anywhere you can see who's buying up Shale assets?

>>18584505
congratulations. You know basic 3rd grade principles that a congresswoman and her instafollowers do not

Cheap oil means it's way better than alternatives

>>18584693
They’re not thinking about anything other than than getting stupid people to vote for them. The common normie pleb sees headlines of “$0 oil!!”. Then they read a tweet “cheap oil bad! Capitalism failed!” and they go with it.

>>18584100
This. She says retarded shit imo, but she has charisma and is good at public speaking, and she's popular. All you need to be pres.

>>18584584
Just nationalize oil production if it becomes unprofitable.

>>18584648

Great to see Bizraeli's get press though

>>18584714

does the world not feel like its ending to you right now? lmao

>>18584693
The "I'm not smart enough to understand economics" line of thought.

>>18584773
I’m no insider but I’d assume anyone who doesn’t go bankrupt will buy out their competitors as they’re able to.

Can someone tweet at this twat that rare earth metals used in batteries are even crazier to use than oil

>>18584837
Isn't she not meant to have a degree in economics?

>>18584714

> Soros backed

>>18584067
>oil price is low
>so we better spend money buying alternatives that cost more
???

>>18584869
Lol. Next up are lithium solid state batteries using a silver carbon composite. Silver is many times more rare than any rare earth.

>>18584897
Trump also went to military school, it doesn't mean much

>>18584848
Just wondering if it's worth looking at companies like BP or Total.
Do large energy companies typically sit on large cash reserves?

>>18584960
Marathon has no debt

>>18584869
I'm sure the children that work in those mines are taking utmost care in their wastewater treatment

>>18584067
Who is this lady and why does she look like I could afford her with my PNK bags?

>>18584933
It's the mental gymnastics progressives do to justify using "green" energy. Progressives would gladly knock the USA right off the top of the world as long as they're being nice to the environment. Of course, since they also hate wars, they'd make no attempt to make sure the other superpowers follow suit, besides a stern letter.

>>18584371
It's like the Cement Armada over in Nigeria but for oil
And it's worldwide except in China

>>18584824
Are you really this dumb?

>>18585022
>Progressives would gladly knock the USA right off the top of the world
To be fair I know a lot of non-progressives who would also like this to happen.

>>18584960
I’m 60% in Chainlink bro.

>>18585030

yes. and also too old to be drafted. so this is all quite funny to me

>>18585052
And foreign interference loves those people

>>18585078
If you are that old you should know from experience that things like this happen and the world goes on. It's usually screeching hysterical twitter zoomers who shit their pants over every new negative news hashtag.

>>18584100
>2028 Election
>Crenshaw vs Cortez

Dios mio the memes would be for the ages

Guys, is this the bottom for oil? I can't tell. Can it go lower?

>>18585136
yeah...... i used to know that.

>>18585210
and then the world........ ended...... or wait it didn't..... also I use ellipses like a little girl......

>>18585138
>Zioclops vs Donkey from Shrek
Wow the future of this country sure looks great, huh anon...

>>18585138
>Jew puppet vs experimental jew-spic hybrid

God damn I hate this country

>>18585251
>Smelly ass shitskins taking their shoes off indoors
Fuck this clown world for real bro

>>18584584
>You might've seen those articles about oil companies buying BTC mining rigs

you are retarded

Green bullshit is an excellent investment.

>>18585245

yeah maybe you're right. Maybe it doesnt end. maybe it just worse and worse each cycle. not sure which one is more optimistic. but either way think were in for a long and bumpy ride before we see anything good for a long time.

also u *WISH* i was a little girl.

>>18584067
green cucks don't even know what they believe

> oil is bad because it's scarce and non renewable "fossil fuel" which will only increase in price.

> oil is too cheap to sustain a jobs so we need green energy

>>18585295
Wait, why do you wear your shoes indoors anon?

>>18585248
I feel bad for commenting now your names are better

>>18585295
It really is as bad as that pic makes it look. The hoards of lazy low iq economic migrants voting for free stuff.

>>18585382

> oil is too cheap to sustain a jobs so we need green energy

not sure i understand. can you explain how this statement doesnt make sense?

>>18584100
She might not even be in Congress much longer. Her district will be re-districted after this census and she’ll have to run against another far left incumbent in the new district’s primary.

>>18585478
the other three in the squad definitely will

>>18585384
There's a difference between my place with just me and a public voting place. Well, shithole country natives don't know that of course.

>>18585251
Who do you think will lead the GOP post Trump? Crenshaw is a good bet desu. He toes the party line, he's pugnacious and he served, that's a killer combo. I don't have time for him either but think about how he appears to the average GOP voter.

>>18584146
Nuclear power RIGHT NOW BABY

>>18584100
dubs checked for Madame President

>>18584146
>biofuel
Read a book, retard

>>18584067

If clean energy is "so good" then why do you need to create jobs for it? I mean shouldn't it create its own jobs?

>>18584146
This is true but this bitch is probably thinking solar panels and windmills everywhere (gay) and not BASED Nuclear Power Plants.

>>18585771
luckily she's just yet another commie grifter

>>18586004
of all the holdovers from 1960-70's era activism we get this green peace bullshit against actual sustainable energy alternatives (nuclear power) and now the same jobs that used to support an entire family can barely cover cost of living for one person

>>18586004

gay power has its place, but yeah we needa that spicey fuel

>>18585771
>coomers

>>18585448
When a miracle product like oil becomes to cheap to make a profit than just nationalize it.

>Hates Israel's government
>Hates corporate neoliberals
>Wants to create a new new deal scenario for the country to giv job
>/biz/ hates her

I don't get it

>>18584271
>oil is not suddenly going to bounce back naturally
It's going to bounce back once producers start going bankrupt.

>>18584198
>>18584714
I'm not having a breakdown I'm just mad because I'm fucked in oil cause I got greedy like the stupid retard that I am and the whole thing completely collapsed on itself before I was able to get back out. I'm more just taking it out on that dumb bitch cause she was there. Thanks tho anon, you did make me feel a little better

>>18584067
If energy renews itself, why do humans need to produce it?

>>18586220
>>Wants to create a new new deal scenario for the country to giv job
This is why

>>18584362
They literally believe having more than a million dollars is immoral. It's an ideology for losers.

democratic socialist is just another word for liberal
do not vote for bourgeois parties or their candidates
reform is impossible, revolution is necessary. Reformists like AOC and Bernie stall revolution and give false hope to the working class.

>>18586585
Exactly, imagine if one of those psychopaths took over the country. Jesus christ, Putin and Xi would probably lose their sides

>>18586673
based

>>18584419
So should we buy oil stocks or no
I wanna make it and have 3700 bucks

>>18584340
Replacing fuel and energy generation alone would be a massive improvement

>>18584869
Mining lithium and cobalt is green renewable energy you fucking nazi

>>18587226
The people of Bolivia probably think you’re the Nazi

>>18586673
based and blackpilled

>>18586442
Why? Last one was extremely successful last time the US was in a depression (which we're on our way towards)

>>18584067
>>18584122
>Our economy is going to fucking explode and I couldn't be happier
I wonder if her happiness will continue through the unemployment riots?

>>18586370
Just HODL

>>18584146
>"renewable" resources
>Most of which require finite sources that are even more scarce like Lithium
>Most of which is owned by China at this point because they give no fucks about pillaging Africa.

>A better bet to switch to
Lol
Libtard morons like you and Cortez will legitimately make this country Venezuela 2.0 by hedging on your feelings and not the factual information at play.

>>18587868
>New deal=good
Cringe bro, your history class from high school was pozzed the new deal was dogshit and delayed the depression, not fixed it.

>>18584146
Eco friendly energy only work on small countries with small population, imagine the amounts of solar panels and wind farms you need to meet the demand in the US alone.

>>18588332
Can you link me to anything academic that actually critiques the New Deal and says why it's so terrible?

>>18588374
>Can you link me to anything academic that actually critiques the New Deal and says why it's so terrible?
No, do your own research faggot

>>18588349
I actually did the math once, considering no loss from transportation (as well as some other approximation, like being on the equator, 300 day of sun etc..), a surface roughly the size of france covered in solar panels (or mirrors I forgot) would produce enough energy for the entire world

>>18588416
>Claim that we've been lied to by academia
>Can't provide anything to prove his claim
Cool, but that's not how burden of proof works. You don't get to circumvent that by 'no spoonfeeding'

>>18584632
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门

>>18588547
>but that's not how burden of proof works
If I linked anything to it you'd just bitch about the source and say
>BBUT IT'S NOT PEER REVIEWED REEEEE
or something equally gay. If you really want another perspective look up the Mises institute or some shit.

>>18584122
That tweet she's replying to isn't even accurate.
It's the May futures contract that is at negative values. The sale for the oil producers are already locked and guaranteed in with the settled price at the point of issuance of the futures contract. It's the futures contract TRADERS who don't have the capabilities to store thousands of barrels that have to pay people who are capable to barrelhold their contracts or they have to roll over to the next month at a heavy loss.

>>18588554
Back to your trash can zoomer

>>18588220
Geothermal cooling and heating can put oil drillers back to work. Earth is about 55 degrees Fahrenheit once you get about 10 feet down. This can cool any building during warm temps. It can also pre-warm air for further heating during cold temps since 55 degrees is still warmer than freezing.
Pumped Hydro is efficient energy storage without mining more lithium. There are lots of sites available for this.
Tidal energy is near population centers along the coast and is extremely predictable compared to solar and wind.

All 3 of these have had very limited funding and implementation compared to wind and solar. We can easily get to 50% renewable with these 3 technologies, along with wind and solar.

>>18588416

>>18588570

>>18588570
>Meme institute

lmao, austrians are literally fucking retarded

>>18584869
The hydrogen economy with electrolysis uses no rare earth metals for energy storage, and is car sized.
Pumped hydro storage is also rare earth metal free, but is not car sized.

>>18586673
That's the kind of real blackpills 4chan hasn't paid attention in a long time.
Except the stupid shooters and suicidal people.

>>18584067
She's actually not wrong but this is ALSO the right time to buy a massive gas guzzler bus and drive across the country smoking legal weed

>>18588547
>the claim is academia is lying
>wants an academic source

>>18588695
Fine, but just stop pretending like we live in a capitalist country if the government has such a strong hand in it.

>>18584100
She will lose in the primaries when she runs, drops out super Wednesday. Screencap this

We need a wall.

>>18589507
We're gonna build a wall out of oil barrels, and they're gonna pay us to do it.

>>18584067
Imagine being so dumb that you see crashing oil prices as a sign that people want green energy, instead of seeing the prices crashing as a sign that nobody is driving to work anymore and oil producing countries are having a production war with each other. Normally when a politician says something like this it's done out of lies and manipulation, but with this cunt she's probably dumb enough to believe this.