GRA
Posts: 9481
Joined: Mon Sep 19, 2011 1:49 pm
Location: East side of San Francisco Bay

ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Thu Jun 14, 2018 5:46 pm

https://www.autoblog.com/2018/06/14/bp-world-energy-report-oil-coal-renewables/

Also, via AAA:
CONSUMER GASOLINE DEMAND HITS ALL-TIME HIGH

June 14,2018

Registering at 9.88 million b/d for the week ending on June 8, the consumer gasoline demand rate is the highest weekly estimate on record since
the Energy Information Administration (EIA) began tracking it. The last time gas demand was estimated to be this high was in mid-April – when it hit 9.86 million b/d. The EIA’s latest reading is more than 900,000 b/d from the previous week’s estimate, signaling that motorists are embracing the summer driving season. If demand continues to trend higher, drivers may see prices spike at the pump.
https://gasprices.aaa.com/

The nationwide avg. for reg. is $2.905 as of today.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

LeftieBiker
Posts: 9772
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Thu Jun 14, 2018 10:08 pm

The title is too hyperbolic. While demand for gasoline may temporarily outpace the supply of gasoline, there is still a glut of crude oil. It may even get "worse" instead of "better", as several oil-producing nations are considering increasing production.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

WetEV
Posts: 2369
Joined: Fri May 04, 2012 8:25 am
Delivery Date: 16 Feb 2014
Location: Near Seattle, WA

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Fri Jun 15, 2018 7:12 am

LeftieBiker wrote:The title is too hyperbolic. While demand for gasoline may temporarily outpace the supply of gasoline, there is still a glut of crude oil. It may even get "worse" instead of "better", as several oil-producing nations are considering increasing production.


Glut of oil? With Iran getting shut out of the market by Trump, Venezuela collapsing?

Day's of supply in storage is the way to quantify "glut" or "shortage". Range is about 55 days to 68 days. If there is too little oil in storage, there will be spot shortages. If there is too much, wells will need to be curtailed as there isn't a place to put the oil.

Current level is 59 days. This is not close to a glut.

https://www.eia.gov/outlooks/steo/report/global_oil.php
WetEV
#49
Most everything around here is wet during the rainy season. And the rainy season is long.
2012 Leaf SL Red (Totaled)
2014 Leaf SL Red

User avatar
LTLFTcomposite
Posts: 4559
Joined: Fri Apr 23, 2010 6:06 pm
Delivery Date: 10 Dec 2011
Leaf Number: 5926
Location: Central FL

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Fri Jun 15, 2018 7:33 am

Cancelling the war games with South Korea should save a bunch.
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue
2016 SV-adjacent May 2016 lost 4th bar March 2018

GRA
Posts: 9481
Joined: Mon Sep 19, 2011 1:49 pm
Location: East side of San Francisco Bay

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Fri Jun 15, 2018 2:48 pm

LTLFTcomposite wrote:Cancelling the war games with South Korea should save a bunch.

Some, but not that much. DoD is the largest single customer for petroleum in the world, at ~1% of the total, and maneuvers in the RoK would constitute a fairly small % of that. See: https://en.wikipedia.org/wiki/Energy_usage_of_the_United_States_military
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

LeftieBiker
Posts: 9772
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Fri Jun 15, 2018 5:56 pm

GRA wrote:
LTLFTcomposite wrote:Cancelling the war games with South Korea should save a bunch.

Some, but not that much. DoD is the largest single customer for petroleum in the world, at ~1% of the total, and maneuvers in the RoK would constitute a fairly small % of that. See: https://en.wikipedia.org/wiki/Energy_usage_of_the_United_States_military


Are you saying that because the DOD uses truly huge amounts of oil, and because the Korean/US war games use only a small fraction of that huge amount, that the oil used in them isn't "a bunch"...? Does this mean I can stop worrying about how much energy I use, because I'm lost in the statistical noise of US energy consumption? Can we all do that, too? This topic started with a silly premise and it's been going downhill ever since.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

User avatar
LTLFTcomposite
Posts: 4559
Joined: Fri Apr 23, 2010 6:06 pm
Delivery Date: 10 Dec 2011
Leaf Number: 5926
Location: Central FL

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Fri Jun 15, 2018 6:58 pm

LeftieBiker wrote:Are you saying that because the DOD uses truly huge amounts of oil, and because the Korean/US war games use only a small fraction of that huge amount, that the oil used in them isn't "a bunch"...? Does this mean I can stop worrying about how much energy I use, because I'm lost in the statistical noise of US energy consumption? Can we all do that, too?

No, you are still expected to do your part to conserve, that frees up resources for the beautiful people. :lol:
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue
2016 SV-adjacent May 2016 lost 4th bar March 2018

GRA
Posts: 9481
Joined: Mon Sep 19, 2011 1:49 pm
Location: East side of San Francisco Bay

Re: ABG: Hey, enjoy that cheap gas while you can Thirst for oil outpaces supply, coal use up — and so is carbon output

Sat Jun 16, 2018 3:23 pm

LeftieBiker wrote:
GRA wrote:
LTLFTcomposite wrote:Cancelling the war games with South Korea should save a bunch.

Some, but not that much. DoD is the largest single customer for petroleum in the world, at ~1% of the total, and maneuvers in the RoK would constitute a fairly small % of that. See: https://en.wikipedia.org/wiki/Energy_usage_of_the_United_States_military


Are you saying that because the DOD uses truly huge amounts of oil, and because the Korean/US war games use only a small fraction of that huge amount, that the oil used in them isn't "a bunch"...? Does this mean I can stop worrying about how much energy I use, because I'm lost in the statistical noise of US energy consumption? Can we all do that, too? This topic started with a silly premise and it's been going downhill ever since.

Seeing as how I haul my recyclable cans and bottles the 2 miles to the recycling center by bike instead of car, do you really believe that I'm suggesting that? C'mon. I was pointing out that Korean maneuvers make up a small % of the total U.S. military's energy usage and will have minimal effect on the overall price or available quantity of oil, nothing more. Nowhere was it implied that we shouldn't continue to conserve/reduce our energy usage.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

Return to “Environmental Issues”