Usually Romania had its own gas supply, however, something strange happened there as well. Price went up and friends over there were complaining that the government announced that a ratio of it goes towards EU “due to the war”. The cost of energy became unaffordable for Romanian people’s low income and pensions.
We know that Russia is supplying Europe with gas...
But we also know that the US has been shipping LNG to Europe - at great cost.
We know that North Sea oil and gas production has collapsed (in fact I have a friend who is an oil and gas engineer - he is from Scotland and worked the North Sea -- he said it's done ... in fact he said he has an apartment in Aberdeen -- and it's plunged in value because the industry is vapourizing)
The cost of power for industrial businesses has soared by 124 per cent in just five years, placing the UK at the top of international league tables.
The stark figures have raised concerns about the future of UK industry, with warnings that high energy prices are crippling domestic manufacturers.
Frank Aaskov, director of energy at UK Steel, said: "High industrial electricity prices have for too long damaged the competitiveness of UK steelmaking, and many in the wider manufacturing sector will be feeling the same pressure our steel companies do."
Which brings us to Nordstream.... we have no way of confirming that the pipeline was damaged so we must apply logic...
We are told the US was the culprit... however we KNOW that the US gas production has peaked... we KNOW that the US has been diverting some shipments from Asia to Europe/UK as they desperately try to prevent prices from spiraling completely out of control...
Clearly the US does not need to destroy a pipeline to create a market for their LNG.
So why blow up a pipeline? It makes NO sense for anyone to damage any pipeline.
Who benefits from that? NOBODY. We all die if that happens.
Conclusion: the Nordstream incident is like the Ukraine War... fake.... it provides cover for raging energy inflation ... blame the problem on the busted pipeline... once it's fixed energy prices will plunge... again better than admitting there is not enough to around
Can you imagine the reaction from those fellas who are sitting in their cold hovels spooning cat food mashed up with rice for breakfast lunch and dinner... unable to afford heat....
If they got wind of the fact that their situation is only going to get worse... and never better... that would be a very bad look.... would they take to the streets with pitch forks?
I betcha they would.. meanwhile the UK promises that government investment in AI will save the day ... haha... all the energy to run that would only drive prices even higher given the deficit...
I knew that was a fake war from Day 1. I wasn't sure exactly what they were hiding--figured it was bioweapon labs, but energy makes just as much sense. Alaska spent over 40 years flaring off natural gas in Prudhoe Bay, rather than capturing a valuable commodity. Companies only cared about sending crude down the pipeline. The Motherlode is almost gone; they are desperate to find another bonanza.
I was speaking to an oil and gas pipeline engineer recently ... he worked for the big boys in Qatar and Singapore ... he was laid off and has been unable to find another job ..so was driving Uber.
I am actually busy with a maintenance contract on the West African Gas Pipeline. This line was built to capture Nigerian gas that is otherwise flared. Although a lit of gas is still flared the WAGP supplies Ghana, Lome and Benin with gas that was previously flared. So someone is bullshitting you.
Alaska spent over 40 years flaring off natural gas in Prudhoe Bay, rather than capturing a valuable commodity.
Too expensive to do that for not enough gas or they would have done it. It gets flared in lots of places in the US if there's no pipeline infrastructure.
Europe’s new normal: High energy bills, fading industry and one chance to fix it
German manufacturers are being strangled. The EU is feeling the pinch. Mario Draghi on Monday warned the EU may be staring at ‘slow agony.’
Running those furnaces has gotten a lot more expensive since Russia’s invasion of Ukraine. Before the war, the annual electricity bill was about €80,000. It's nearly doubled since then, said managing director Christoph Keim, son of the company’s founder, a chemist who got his start after World War II with a company making disinfectants. Prices for customers rose, while profit margins shrank.
But as we know -- Russia continues to supply Europe with gas ... it is the number one supplier...
The problem is that gas production has peaked in many countries -- in particularly the UK -- Norway is rolling over ... so the US is furiously shipping LNG to these countries to keep them alive ... but that is COSLTY... so that is destroying their industries and economies....
Meanwhile the idiots are rejoicing because US exports are at record highs hahaha
This is an example of ZERO intelligence... if one had intelligence would ask why the US is exporting so much gas ... one would ask what are the implications of this ... one would ask -- how much does shipping LNG cost... what are the implications for the end users... one would ask what happened to Norway and North Sea gas supplies?
And one would be told - UKRAINE WAR. No need to ask questions.
Bow down and kiss the shoes of Fast Eddy... bow down bitches
As I pointed out using the Shell refinery in Bakersfield as an example, I think oil majors are capable of any amount of skullduggery to inflate prices. Cartels formed to control price are not only a thing in the oil industry. Take a look at De Beers....the entire diamond industry is built on a fallacious premises that diamonds are scarce, they are not. The average man was however duped into believing that diamonds are scarce.
By the way, inclusions in rough diamonds are hydrocarbons....and they did not derive from dead dinosaurs.
As to your questions...I can only hazard a guess that Alberta's oil is extracted because it is there and the majors have managed to keep the price of oil high enough to make it profitable.
Some deep water projects are producing at between $10 and $20 a barrel in Nigeria. Middle East oil comes out at under $10 a barrel.
Oh and btw -- Europe and Britain are crumbling due to high energy costs... crumbling countries are not good for energy producers cuz that eventually crushes demand... both entities are on the verge of collapse...
If there are hidden reserves in the North Sea -- don't you think they'd start using them?
Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrialising Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere. The UK, and particularly the North, needs high quality manufacturing and the associated manufacturing jobs. We are witnessing the extinction of one of our major industries as chemical manufacture has the life squeezed out of it.”
High energy prices and high carbon taxes have forced the closure of this strategic UK asset.
Rather than paying through the nose for LNG that has to be shipped across the ocean?
Sometimes it is a good idea to apply logic to a situation.
But then I get it ... you dont want to apply facts or logic... you want to believe whatever it is you believe.... because nobody wants the truth..
And the truth is -- we are in a very desperate situation -- we are rationing the remaining oil and gas reserves... we are seeing countries in degrowth --- because they are energy starved https://fasteddynz.substack.com/p/necrosis-in-new-zealand
The truth is -- you are gonna be dead soon. Cuz 8B+ humans are alive ONLY because of cheap energy
do you not fundamentally understand that reducing the per capita outputs of extraction, increasing the population does not increase your purchasing power even if you have 65% of the share of monetary units instead of 54% in your cartel market.
say you carteléd like phone companies and got 25% more monetary units than you would have in a non-oligo market, because you input less energy now everything is indirectly more difficult to get with lower grade materials thus offsetting your 25% gain and even when you have a large amount of units, you don't EXPEND them at the same rate in totality. you can have 9948 ious this year instead of 7483 ious because you colluded but at any point in time only a fraction of it is usable and the rest is what we call fictional future wealth like your pension fund or stock market index because if you don't circulate the iou claims you can't get people to work to make material products and because you lowered the energy inputs you decreased purchasing power for everyone and you only benefit if you somehow cashed in on those 20% iou units asap in totality and converted into [previously] mined resources and future people will suffer and that never happens
your 999 iou claims can represent 999 houses that you ''made this year'' but only ''100 are cashable'' yearly that are built and occupable, because you ''cartelled'' you really only got to make ''80'''houses that are immediately cashable and the rest is called ''future finances, cash flow or whatever'' ''800 houses that increase at a rate of 4% [delay-time function iou claim generator'' bullshit do you get it or not???? a smaller piece of pyramid pie with you trying to get a greater fraction does NOT guarantee you a larger piece of the pie in total size in terms of magnitude. if you extracted 200 units now, you could have 200 cashable houses instead mk??
diamonds are different. this is PRIMARY ENERGY, it feed forwards into everything! its like denying fertilizer to the population, you arent going to cartel shit people are going to start mobbing and blowing your ceos up one by one. WHEN EROI was 100 to 1 sure you can cartel 40 barrels or whatever. WHEN its 1 to 8 barrels you arent going to cartel shit or skim as much without repercussions. its like cosy pensionable plans from corporate in past.
The Ministry of Truth simply dumps stories onto cnnbbc that run the barnyard animals in unlimited directions ... drawing them away from the obvious truth - which is ... we are steaming oil out of sand ... and that obviously means we are FUCKED.
All of these are complete bullshit ... but the barnyard animals -- because they do NOT want to the truth - cuz they'd go out of their minds... latch onto this garbage and insist the day is saved.
Does needing hope make them stupid? Or are they just stupid from birth?
I reckon they were already stupid ... and being unable to live without hope makes them retarded.
I see no evidence for 'Drill Baby Drill in the U.S. Rig Count.
Total Rigs in the United States decreased to 592 in March 7 from 593 in the previous week. Total Rigs in the United States averaged 1483.98 from 1950 until 2025, reaching an all time high of 4530.00 in December of 1981 and a record low of 244.00 in August of 2020. source: Baker Hughes Company
Drill Baby Drill was when they went from 0 rigs... to drilling like sailors in a whorehouse...
It's still happening ... but it's losing steam.... as they run out of places to drill.
Without a doubt they are draining the reserves as fast as possible... in particular Europe and the UK need those boat loads of LNG or they collapse... this is desperation now
The Shell Bakersfield is only one example of a major not bringing product to market to manufacture scarcity.
Ghana is receiving the gas from Nigeria where it has been flared since the 60's. WAGP was only constructed around 2010 due to immense government pressure on the majors.
Eddy I agree with almost all you point out however, you will do well to take a deeper look at international hydrocarbon reserves, proved reserves are actually increasing. I thought the peak oil bollocks died with Hubbert the huckster.
Take a guess as to who benifits from under reporting hydrocarbon reserves. I hope you don't mind all the links.
As always when faced with such assertions I will need you to explain:
1. Why are we steaming oil out of sand
2. Why do we drop bombs down thousands of drill holes blow up the shale and suck out the dregs - losing hundreds of billions of dollars in the process
3.Why do we drill miles beneath the ocean for oil
4. Why do we bother exploring the Arctic for oil
I don't expect answers because the only answer is that we are running low on oil and gas... that's why we are engaged in these desperate attempts to suck oil out of the most difficult conditions on the planet...
Eddy I agree with almost all you point out however, you will do well to take a deeper look at international hydrocarbon reserves, proved reserves are actually increasing.
Dunning Kruger syndrome. You don't realise how retarded you actually are.
Reserves increase in viability as they become technologically possible to access, it is a dynamic number. Resources do regenerate at some rate, that is a law of thermodynamics. It is neither destroyed nor created.
The question is the quantities and quality. The 2004 article is meaningless because it didn't see the shale revolution, but we know sand and whatnot are in total decline. Earthquake hypothesis is 50:50, can be due to fracking or due to geological formations.
Debt loads are increasing, so it does not look like they are ''profiting more''.
Stock refill rate, Stock extraction rates are what are important.
If stock extraction rates decline, then there is no dynamic equilibra. We know population is increasing everyday, so it cannot be a static rate of geological deposits vs spurring of abiotic oil vs extracted oil deposits.
These articles are also mostly old and the scientific one is proof-of-concept. Africa is the biggest continent so it's a no brainer it has mostly unexploited resources relative to other continents given most live in squandor.
There is no reason to be in debt if you are ''guess who is profiting''. If you are profiting then you are energetically in the positive, if you need subsidies and 0% interest rates, then you are in a not viable EROI zone.
7 Billions of barrels is also meaningless, it is only 70 days of world supply? Finding a few more days' of supply does not mean anything.
There is plenty of oil and gas remaining ... but the cost to produce it is too high.
High energy costs destroy economies.
The UK and Europe are finding this out the hard way... the cost to ship LNG to them is causing them to deindustrialize...
And yes - people hear that a billion barrels have been found .. 1. is it feasible to recover the oil (COST) 2. Even if it is feasible they do not realize we burn nearly 100 million barrels of oil PER DAY. A billion barrels of oil is hardly worth celebrating
It is relevant that you point out that most of the articles are dated.
The question then is why was this theory never discussed in the msm?
The theory has proved sound and repeatable in laboratory tests so I'm unsure why you state the paper is a 'proof of concept'?
Building a RE benificiation plant in the West would mean throwing the different enviromental handbooks out the window and that does not seem likely.
So although the rare earth slathering sounds great in a msm sounbite in reality it means nothing, which is why BlackRock does not give a rats ass about them. Energy however is different kettle of fish
Same reason the MSM does not discuss the millions of dead and maimed Covid Vaxxers...
What planet do you live on? How did you get to this blog? Do you really think the MSM exists to inform???
Can you image what would happen if cnnbbc ran headlines - Ukraine War Fake - Nordstream fake --- the real story is severe energy depletion -- govts dont want you to know about that so they provide other excuses for why you cannot afford to heat your house - we are doomed
Climate Change, Women's Rights and Fossil Fuels are all distractions.
Yes, abiotic can be true. But the hint is. Globalists never talk about CO2 in China, even though they offshored it to there with favourable terms and they promote interdependency for world peace. They also fly jets and buy offshore houses so you know they have resource elitism. All for me, less for others.
In COP25/26 meetings, they tell the Saudi oil leader to adopt green policies and he retorted with ''this will bring back us to the stone age''. Then there are CO2 '''green'' settings on Window computers. They also tell Africans and whatnot leaders like Ghana or whatever to not use their oil reserves and go green.
You know they are selectively redistributing the world resources to the West and load-balancing and they also believe higher IQ people are superior and should have a larger share of those resources. This is the true reason for carbon capture, fossil fuel renaming and whatnot. Same with population growth control policies.
They promote staycation credits, and eating leafs over meat. I mean if you don't understand resource depletion and overpopulation and the underlying implications of value judgements about choosing whom to die and whom to live and it getting dicey and it being ineffective then you failed to understand the nature of why the promote certain studies over others.
Safe injection sites for drugs, Euthanasia for the elderly, Abortions for tatooed/irresponsible single females/the poor. Come on now, it's in your face.
''Yeah, we want all the stupid, weak, dumb, old people to die off and get the planet's share of resources for ourselves and people we consider to be valuable'''
Do you think you can tell other leaders their population is too dumb to use those resources and can you tell westerners to kindly off themselves as rapidly as possible? That is politically impossible.
I think this Trump "deal" to allow the US to harvest 50% of the rare earth minerals in UKR was a deception with the goal of legitimizing the US presence in UKR- not to mine for minerals but as a cover to resume infiltrating weapons and labs. They must think Putin is an idiot. That must have really pissed him off even more.
The US geologists realize that getting any rare earth minerals out of UKR will be a LOT more costly than advertised. A net money loser- liike green energy and imminent shale oil and LNG. So the US doesn't really want the minerals. Besides, most of them will wind up being controlled by Russia anyway.
I think US realizes it now has to bail on Zelensky as Russia wisely has dug in and will not allow NATO and the US to keep BSing them again like with Minsk I and II, Istanbul on top of a string of violations of previous treaties.
So how much territory will Russia have to take to provide for adequate buffers against Western treachery? Right now I think Russia will want/need Odesa, Kharkove, Zaparhezia, Transnistra, and at least to the banks of the Dneiper. Possibly Kiev, depending on how much more BS the West tries.
And this Starmer guy is an absolute dork. A clod. A total bumbling buffoon. Macron, well what can I say? Fairies Wear Boots. (Combat boots). Ozzie called it.
But trying to lob a few drones deep into Russia or launch local feints into Kursk will only piss Russia off more and make them want to take even more land.
So Trump has to accept the reality and basically quietly eat his own BS and secretly ask Putin. " How much of UKR will it take for you to settle this war?"
Putin: "We can do this the easy way or we can do this the hard way."
I think that everything I read about the Ukraine situation is fake... it's no different than watching pro wrestling... just as with pro wrestling they keep on adding new twists and turns... to keep you entertained... to keep you believing it's real.
The rare earth story was just more theatre... the Trump Zelensky spat does not exist... more theatre... think about it - one Tee Vee star vs a Tee Vee comedian ... and ya'll believe this is real?
Do ya'll believe the movie Idiocracy was based on real events?
The Uke war is even more outrageously ridiculous than Idiocracy...
I have explained in great detail WHY they are faking it. Seems those able to grasp the simplicity of the argument are few and far between.
Perhaps people don't like the truth? Specially when it's a bad truth.
Qwwwizz:
Would ya'll prefer to believe that raging energy costs + inflation is caused by:
1. A war (that Trump is going to end any day now -- probably the day after he announces Covid vaccines have killed and maimed hundreds of millions and bans them)
I agree that the US was trying to find a way in despite losing the war. What's unclear to me how much is on account of wanting the resources (not rare earths, but coal, gas, agriculture) versus having boots on the ground in some capacity for a future wave of confrontation.
"The most common trait I have observed in stupid people is their inability to change their minds when the facts change" Fast Eddy
Usually Romania had its own gas supply, however, something strange happened there as well. Price went up and friends over there were complaining that the government announced that a ratio of it goes towards EU “due to the war”. The cost of energy became unaffordable for Romanian people’s low income and pensions.
We know that Russia is supplying Europe with gas...
But we also know that the US has been shipping LNG to Europe - at great cost.
We know that North Sea oil and gas production has collapsed (in fact I have a friend who is an oil and gas engineer - he is from Scotland and worked the North Sea -- he said it's done ... in fact he said he has an apartment in Aberdeen -- and it's plunged in value because the industry is vapourizing)
Clearly the conclusion is that Europe - and the UK - are in serious trouble -- Russian gas can't turn up the volume on exports https://fasteddynz.substack.com/p/is-russia-running-out-of-gas so LNG is keeping the lights on .... at great expense
The cost of power for industrial businesses has soared by 124 per cent in just five years, placing the UK at the top of international league tables.
The stark figures have raised concerns about the future of UK industry, with warnings that high energy prices are crippling domestic manufacturers.
Frank Aaskov, director of energy at UK Steel, said: "High industrial electricity prices have for too long damaged the competitiveness of UK steelmaking, and many in the wider manufacturing sector will be feeling the same pressure our steel companies do."
https://www.gbnews.com/money/energy-bill-warning-britain-pay-highest-in-world
Which brings us to Nordstream.... we have no way of confirming that the pipeline was damaged so we must apply logic...
We are told the US was the culprit... however we KNOW that the US gas production has peaked... we KNOW that the US has been diverting some shipments from Asia to Europe/UK as they desperately try to prevent prices from spiraling completely out of control...
Clearly the US does not need to destroy a pipeline to create a market for their LNG.
So why blow up a pipeline? It makes NO sense for anyone to damage any pipeline.
Starving Europe and the UK of gas by interrupting supply risks this https://fasteddynz.substack.com/p/financial-system-supply-chain-cross
Who benefits from that? NOBODY. We all die if that happens.
Conclusion: the Nordstream incident is like the Ukraine War... fake.... it provides cover for raging energy inflation ... blame the problem on the busted pipeline... once it's fixed energy prices will plunge... again better than admitting there is not enough to around
Can you imagine the reaction from those fellas who are sitting in their cold hovels spooning cat food mashed up with rice for breakfast lunch and dinner... unable to afford heat....
If they got wind of the fact that their situation is only going to get worse... and never better... that would be a very bad look.... would they take to the streets with pitch forks?
I betcha they would.. meanwhile the UK promises that government investment in AI will save the day ... haha... all the energy to run that would only drive prices even higher given the deficit...
So again - they LIE. Anything but the truth.
Fuck the truth. Barnyard animals don't want it.
I don't know what 8 billion humans are thinking.
''We are using earth's resources faster than it regenerates''
''My standard of living is dropping, it is someone's else's fault''
''There are invisible resources ready to be exploited indefinitely''
''My parents used to be able to do so and so...''
Clearly incongruent thought processes.
Nuke humanity's stupidity.
There is no proof the pipeline was ever blown up except some pictures and articles in the never lying media.
Romania produces quite a bit of gas but consumes more than it produces. It was therefore hit by the price rises as well.
I knew that was a fake war from Day 1. I wasn't sure exactly what they were hiding--figured it was bioweapon labs, but energy makes just as much sense. Alaska spent over 40 years flaring off natural gas in Prudhoe Bay, rather than capturing a valuable commodity. Companies only cared about sending crude down the pipeline. The Motherlode is almost gone; they are desperate to find another bonanza.
I was speaking to an oil and gas pipeline engineer recently ... he worked for the big boys in Qatar and Singapore ... he was laid off and has been unable to find another job ..so was driving Uber.
I asked him about the flaring ....he said the main reason they flare is for safety - as confirmed https://www.bbc.com/news/science-environment-63051458
The other reason is that it is not economically viable to shift it to where it can be used... as we can see high energy costs are a huge problem...
He also mentioned something about the quality of the gas and the toxins contained making the gas non viable.
And some people are worried about cows farting?
I am actually busy with a maintenance contract on the West African Gas Pipeline. This line was built to capture Nigerian gas that is otherwise flared. Although a lit of gas is still flared the WAGP supplies Ghana, Lome and Benin with gas that was previously flared. So someone is bullshitting you.
Quiz time https://fasteddynz.substack.com/p/ocean-of-oil-and-gas-found-on-the/
If oil and gas companies could get the gas they are flaring to market and make money - they would be doing it.
I run businesses... my goal is to make money ... I would not 'burn money' if there was an option to sell it
Perhaps in Ghana due to the raging cost of gas these days... they have determined they can make money so are not flaring
Alaska spent over 40 years flaring off natural gas in Prudhoe Bay, rather than capturing a valuable commodity.
Too expensive to do that for not enough gas or they would have done it. It gets flared in lots of places in the US if there's no pipeline infrastructure.
Prudhoe Bay production started in 1977 after the pipeline was completed. They have always used most of their gas for gas lift.
Right, so it has a use locally anyway. I know there's a pipeline to the continental USA but that's an oil pipeline.
And yet another article blaming The War:
Europe’s new normal: High energy bills, fading industry and one chance to fix it
German manufacturers are being strangled. The EU is feeling the pinch. Mario Draghi on Monday warned the EU may be staring at ‘slow agony.’
Running those furnaces has gotten a lot more expensive since Russia’s invasion of Ukraine. Before the war, the annual electricity bill was about €80,000. It's nearly doubled since then, said managing director Christoph Keim, son of the company’s founder, a chemist who got his start after World War II with a company making disinfectants. Prices for customers rose, while profit margins shrank.
https://www.politico.eu/article/europe-energy-bills-germany-brussels-pipeline-prices/
But as we know -- Russia continues to supply Europe with gas ... it is the number one supplier...
The problem is that gas production has peaked in many countries -- in particularly the UK -- Norway is rolling over ... so the US is furiously shipping LNG to these countries to keep them alive ... but that is COSLTY... so that is destroying their industries and economies....
Meanwhile the idiots are rejoicing because US exports are at record highs hahaha
https://wolfstreet.com/2025/03/02/drill-baby-drill-for-20-years-us-natural-gas-production-and-exports-via-lng-pipeline-rose-to-new-records-in-2024/
This is an example of ZERO intelligence... if one had intelligence would ask why the US is exporting so much gas ... one would ask what are the implications of this ... one would ask -- how much does shipping LNG cost... what are the implications for the end users... one would ask what happened to Norway and North Sea gas supplies?
And one would be told - UKRAINE WAR. No need to ask questions.
Bow down and kiss the shoes of Fast Eddy... bow down bitches
Do you think 'they' would be pushing these solar panels and windmills if they really gave a shit about producing cheap electricity?
They push them to create hopium https://fasteddynz.substack.com/p/the-three-pillars-of-bullshit
As I pointed out using the Shell refinery in Bakersfield as an example, I think oil majors are capable of any amount of skullduggery to inflate prices. Cartels formed to control price are not only a thing in the oil industry. Take a look at De Beers....the entire diamond industry is built on a fallacious premises that diamonds are scarce, they are not. The average man was however duped into believing that diamonds are scarce.
By the way, inclusions in rough diamonds are hydrocarbons....and they did not derive from dead dinosaurs.
As to your questions...I can only hazard a guess that Alberta's oil is extracted because it is there and the majors have managed to keep the price of oil high enough to make it profitable.
Some deep water projects are producing at between $10 and $20 a barrel in Nigeria. Middle East oil comes out at under $10 a barrel.
Oh and btw -- Europe and Britain are crumbling due to high energy costs... crumbling countries are not good for energy producers cuz that eventually crushes demand... both entities are on the verge of collapse...
If there are hidden reserves in the North Sea -- don't you think they'd start using them?
Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrialising Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere. The UK, and particularly the North, needs high quality manufacturing and the associated manufacturing jobs. We are witnessing the extinction of one of our major industries as chemical manufacture has the life squeezed out of it.”
High energy prices and high carbon taxes have forced the closure of this strategic UK asset.
https://www.ineos.com/news/ineos-group/chemicals-coming-to-an-end-in-the-uk/
Rather than paying through the nose for LNG that has to be shipped across the ocean?
Sometimes it is a good idea to apply logic to a situation.
But then I get it ... you dont want to apply facts or logic... you want to believe whatever it is you believe.... because nobody wants the truth..
And the truth is -- we are in a very desperate situation -- we are rationing the remaining oil and gas reserves... we are seeing countries in degrowth --- because they are energy starved https://fasteddynz.substack.com/p/necrosis-in-new-zealand
The truth is -- you are gonna be dead soon. Cuz 8B+ humans are alive ONLY because of cheap energy
If they wanted scarcity then there would never have been Drill Baby Drill and 10M+ barrels of shale oil per day produced.
No need to hide reserves... just leave the shale in the ground and $147 oil in 2007 goes to $200.
do you not fundamentally understand that reducing the per capita outputs of extraction, increasing the population does not increase your purchasing power even if you have 65% of the share of monetary units instead of 54% in your cartel market.
say you carteléd like phone companies and got 25% more monetary units than you would have in a non-oligo market, because you input less energy now everything is indirectly more difficult to get with lower grade materials thus offsetting your 25% gain and even when you have a large amount of units, you don't EXPEND them at the same rate in totality. you can have 9948 ious this year instead of 7483 ious because you colluded but at any point in time only a fraction of it is usable and the rest is what we call fictional future wealth like your pension fund or stock market index because if you don't circulate the iou claims you can't get people to work to make material products and because you lowered the energy inputs you decreased purchasing power for everyone and you only benefit if you somehow cashed in on those 20% iou units asap in totality and converted into [previously] mined resources and future people will suffer and that never happens
your 999 iou claims can represent 999 houses that you ''made this year'' but only ''100 are cashable'' yearly that are built and occupable, because you ''cartelled'' you really only got to make ''80'''houses that are immediately cashable and the rest is called ''future finances, cash flow or whatever'' ''800 houses that increase at a rate of 4% [delay-time function iou claim generator'' bullshit do you get it or not???? a smaller piece of pyramid pie with you trying to get a greater fraction does NOT guarantee you a larger piece of the pie in total size in terms of magnitude. if you extracted 200 units now, you could have 200 cashable houses instead mk??
diamonds are different. this is PRIMARY ENERGY, it feed forwards into everything! its like denying fertilizer to the population, you arent going to cartel shit people are going to start mobbing and blowing your ceos up one by one. WHEN EROI was 100 to 1 sure you can cartel 40 barrels or whatever. WHEN its 1 to 8 barrels you arent going to cartel shit or skim as much without repercussions. its like cosy pensionable plans from corporate in past.
It is amazing how easy it is to sucker people...
The Ministry of Truth simply dumps stories onto cnnbbc that run the barnyard animals in unlimited directions ... drawing them away from the obvious truth - which is ... we are steaming oil out of sand ... and that obviously means we are FUCKED.
They are told :
- solar panels EVs...
- https://www.bbc.com/future/article/20181119-why-flammable-ice-could-be-the-future-of-energy
- abiotic oil
- conspiracies to deny oil to the market to drive prices higher
- thorium
- fusion
- conspiracy to kill engines that run on water
- fairy farts
- https://www.msn.com/en-au/science/environmental-science/china-finds-limitless-energy-source-that-could-power-the-country/ar-AA1A00cI
All of these are complete bullshit ... but the barnyard animals -- because they do NOT want to the truth - cuz they'd go out of their minds... latch onto this garbage and insist the day is saved.
Does needing hope make them stupid? Or are they just stupid from birth?
I reckon they were already stupid ... and being unable to live without hope makes them retarded.
So they are both stupid and retarded
I see no evidence for 'Drill Baby Drill in the U.S. Rig Count.
Total Rigs in the United States decreased to 592 in March 7 from 593 in the previous week. Total Rigs in the United States averaged 1483.98 from 1950 until 2025, reaching an all time high of 4530.00 in December of 1981 and a record low of 244.00 in August of 2020. source: Baker Hughes Company
Drill Baby Drill was when they went from 0 rigs... to drilling like sailors in a whorehouse...
It's still happening ... but it's losing steam.... as they run out of places to drill.
Without a doubt they are draining the reserves as fast as possible... in particular Europe and the UK need those boat loads of LNG or they collapse... this is desperation now
The Shell Bakersfield is only one example of a major not bringing product to market to manufacture scarcity.
Ghana is receiving the gas from Nigeria where it has been flared since the 60's. WAGP was only constructed around 2010 due to immense government pressure on the majors.
Let me try again:
1. Why are we steaming oil out of sand
2. Why do we drop bombs down thousands of drill holes blow up the shale and suck out the dregs - losing hundreds of billions of dollars in the process
3.Why do we drill miles beneath the ocean for oil
4. Why do we bother exploring the Arctic for oil
Eddy I agree with almost all you point out however, you will do well to take a deeper look at international hydrocarbon reserves, proved reserves are actually increasing. I thought the peak oil bollocks died with Hubbert the huckster.
Take a guess as to who benifits from under reporting hydrocarbon reserves. I hope you don't mind all the links.
Cheers....and don't give the swine a break!
https://consumerwatchdog.org/uncategorized/memo-bakersfield-refinery-shell-oil-trying-shut-down-our-plant/
https://www.reuters.com/business/energy/petrobras-oil-gas-reserves-rose-114-billion-boe-2024-2025-01-29/
https://centerforaninformedamerica.com/?s=Bakersfield+shell+refinery
https://africaoilgasreport.com/2024/09/oil-patch-sub-sahara/the-orange-basin-deepwater-namibia-whats-going-on-with-its-resources-reserves-and-future-production-of-natural-gas/
https://www.sciencedirect.com/science/article/abs/pii/S2949891023001756
As always when faced with such assertions I will need you to explain:
1. Why are we steaming oil out of sand
2. Why do we drop bombs down thousands of drill holes blow up the shale and suck out the dregs - losing hundreds of billions of dollars in the process
3.Why do we drill miles beneath the ocean for oil
4. Why do we bother exploring the Arctic for oil
I don't expect answers because the only answer is that we are running low on oil and gas... that's why we are engaged in these desperate attempts to suck oil out of the most difficult conditions on the planet...
Kudos for referencing Dave McGowan. He seems to be all the rage these days. I have seen so many links to his writings. They are timeless.
Eddy I agree with almost all you point out however, you will do well to take a deeper look at international hydrocarbon reserves, proved reserves are actually increasing.
Dunning Kruger syndrome. You don't realise how retarded you actually are.
Ah right they are increasing... but we are not finding them.... do we have to look harder?
https://fasteddynz.substack.com/p/does-this-frighten-you
Reserves increase in viability as they become technologically possible to access, it is a dynamic number. Resources do regenerate at some rate, that is a law of thermodynamics. It is neither destroyed nor created.
The question is the quantities and quality. The 2004 article is meaningless because it didn't see the shale revolution, but we know sand and whatnot are in total decline. Earthquake hypothesis is 50:50, can be due to fracking or due to geological formations.
Debt loads are increasing, so it does not look like they are ''profiting more''.
Stock refill rate, Stock extraction rates are what are important.
If stock extraction rates decline, then there is no dynamic equilibra. We know population is increasing everyday, so it cannot be a static rate of geological deposits vs spurring of abiotic oil vs extracted oil deposits.
These articles are also mostly old and the scientific one is proof-of-concept. Africa is the biggest continent so it's a no brainer it has mostly unexploited resources relative to other continents given most live in squandor.
There is no reason to be in debt if you are ''guess who is profiting''. If you are profiting then you are energetically in the positive, if you need subsidies and 0% interest rates, then you are in a not viable EROI zone.
7 Billions of barrels is also meaningless, it is only 70 days of world supply? Finding a few more days' of supply does not mean anything.
What I find amazing ... is that the effects of severe energy depletion are to be seen wherever we look...
In many countries energy costs have increased dramatically over the past few years... inflation is raging...
Oh right ... blame it on the Ukraine War.... and if someone points this out https://fasteddynz.substack.com/p/natural-gas-production-is-contracting
They refuse to accept the truth. Blame it on the Ukraine War... or go to cnnbbc to find an article about a new tiny discovery of oil and gas...
All one has to do is look at the bills ... to confirm we are on the path to total annihilation
Yup - COST is EVERYTHING
There is plenty of oil and gas remaining ... but the cost to produce it is too high.
High energy costs destroy economies.
The UK and Europe are finding this out the hard way... the cost to ship LNG to them is causing them to deindustrialize...
And yes - people hear that a billion barrels have been found .. 1. is it feasible to recover the oil (COST) 2. Even if it is feasible they do not realize we burn nearly 100 million barrels of oil PER DAY. A billion barrels of oil is hardly worth celebrating
It is relevant that you point out that most of the articles are dated.
The question then is why was this theory never discussed in the msm?
The theory has proved sound and repeatable in laboratory tests so I'm unsure why you state the paper is a 'proof of concept'?
Building a RE benificiation plant in the West would mean throwing the different enviromental handbooks out the window and that does not seem likely.
So although the rare earth slathering sounds great in a msm sounbite in reality it means nothing, which is why BlackRock does not give a rats ass about them. Energy however is different kettle of fish
Why is it not discussed in the MSM????
Same reason the MSM does not discuss the millions of dead and maimed Covid Vaxxers...
What planet do you live on? How did you get to this blog? Do you really think the MSM exists to inform???
Can you image what would happen if cnnbbc ran headlines - Ukraine War Fake - Nordstream fake --- the real story is severe energy depletion -- govts dont want you to know about that so they provide other excuses for why you cannot afford to heat your house - we are doomed
🎯🎯🎯🎯🎯🎯
Climate Change, Women's Rights and Fossil Fuels are all distractions.
Yes, abiotic can be true. But the hint is. Globalists never talk about CO2 in China, even though they offshored it to there with favourable terms and they promote interdependency for world peace. They also fly jets and buy offshore houses so you know they have resource elitism. All for me, less for others.
In COP25/26 meetings, they tell the Saudi oil leader to adopt green policies and he retorted with ''this will bring back us to the stone age''. Then there are CO2 '''green'' settings on Window computers. They also tell Africans and whatnot leaders like Ghana or whatever to not use their oil reserves and go green.
You know they are selectively redistributing the world resources to the West and load-balancing and they also believe higher IQ people are superior and should have a larger share of those resources. This is the true reason for carbon capture, fossil fuel renaming and whatnot. Same with population growth control policies.
They promote staycation credits, and eating leafs over meat. I mean if you don't understand resource depletion and overpopulation and the underlying implications of value judgements about choosing whom to die and whom to live and it getting dicey and it being ineffective then you failed to understand the nature of why the promote certain studies over others.
Safe injection sites for drugs, Euthanasia for the elderly, Abortions for tatooed/irresponsible single females/the poor. Come on now, it's in your face.
''Yeah, we want all the stupid, weak, dumb, old people to die off and get the planet's share of resources for ourselves and people we consider to be valuable'''
Do you think you can tell other leaders their population is too dumb to use those resources and can you tell westerners to kindly off themselves as rapidly as possible? That is politically impossible.
Oil is abiotic... the only problem is it takes hundreds of millions of years to form...
Climate Change https://fasteddynz.substack.com/p/the-three-pillars-of-bullshit
Funny how Greta never says jack shit about China's record coal burn year after year after year https://www.outlookbusiness.com/planet/sustainability/china-builds-record-coal-power-capacity-setback-for-the-clean-energy-transition
Ya'd think they might catch on that they are being played... but nope... they are fucking idiots
Oh and they point to all those EVs rolling out in China ... without considering the source of the electricity that charges them. DUH
Yes, abiotic can be true.
It is not true. It can be proven that oil has biological origins.
I think this Trump "deal" to allow the US to harvest 50% of the rare earth minerals in UKR was a deception with the goal of legitimizing the US presence in UKR- not to mine for minerals but as a cover to resume infiltrating weapons and labs. They must think Putin is an idiot. That must have really pissed him off even more.
The US geologists realize that getting any rare earth minerals out of UKR will be a LOT more costly than advertised. A net money loser- liike green energy and imminent shale oil and LNG. So the US doesn't really want the minerals. Besides, most of them will wind up being controlled by Russia anyway.
I think US realizes it now has to bail on Zelensky as Russia wisely has dug in and will not allow NATO and the US to keep BSing them again like with Minsk I and II, Istanbul on top of a string of violations of previous treaties.
So how much territory will Russia have to take to provide for adequate buffers against Western treachery? Right now I think Russia will want/need Odesa, Kharkove, Zaparhezia, Transnistra, and at least to the banks of the Dneiper. Possibly Kiev, depending on how much more BS the West tries.
And this Starmer guy is an absolute dork. A clod. A total bumbling buffoon. Macron, well what can I say? Fairies Wear Boots. (Combat boots). Ozzie called it.
But trying to lob a few drones deep into Russia or launch local feints into Kursk will only piss Russia off more and make them want to take even more land.
So Trump has to accept the reality and basically quietly eat his own BS and secretly ask Putin. " How much of UKR will it take for you to settle this war?"
Putin: "We can do this the easy way or we can do this the hard way."
I think that everything I read about the Ukraine situation is fake... it's no different than watching pro wrestling... just as with pro wrestling they keep on adding new twists and turns... to keep you entertained... to keep you believing it's real.
The rare earth story was just more theatre... the Trump Zelensky spat does not exist... more theatre... think about it - one Tee Vee star vs a Tee Vee comedian ... and ya'll believe this is real?
Do ya'll believe the movie Idiocracy was based on real events?
The Uke war is even more outrageously ridiculous than Idiocracy...
I have explained in great detail WHY they are faking it. Seems those able to grasp the simplicity of the argument are few and far between.
Perhaps people don't like the truth? Specially when it's a bad truth.
Qwwwizz:
Would ya'll prefer to believe that raging energy costs + inflation is caused by:
1. A war (that Trump is going to end any day now -- probably the day after he announces Covid vaccines have killed and maimed hundreds of millions and bans them)
2. A deficit of affordable oil and gas that has no solution because we have burned up most of it https://fasteddynz.substack.com/p/does-this-frighten-you
1!!!! Scream the barnyard animals 1.!!!!!!!!!!!!!!!!!!!!!!! as their minds block out 2.
I get it.. we all need hope... accepting that 2 is the right answer leads to mental illness and despair
I thought i read a comment somewhere that Ukraine has no rare earth minerals lol.
You did
I agree that the US was trying to find a way in despite losing the war. What's unclear to me how much is on account of wanting the resources (not rare earths, but coal, gas, agriculture) versus having boots on the ground in some capacity for a future wave of confrontation.