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Oil prices fall toward $45 a barrel, dropping to a five-month low

Discussion in 'Latest US & World News' started by litwin, May 5, 2017.

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  1. litwin

    litwin Well-Known Member

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    for how long ?

    Solar Could Beat Coal to Become the Cheapest Power on Earth ...
    https://www.bloomberg.com/.../articles/.../for-cheapest-power-on-earth-look-skyward-...
    Jan 2, 2017 - Solar power is now cheaper than coal in some parts of the world. In less than a decade, it's likely to be the lowest-cost option almost ...
    World Energy Hits a Turning Point: Solar That's Cheaper Than Wind ...
    https://www.bloomberg.com/.../articles/.../world-energy-hits-a-turning-point-solar-that...
    Dec 14, 2016 - But now unsubsidized solar is beginning to outcompete coal and ... new solar projects in emerging markets are costing less to build than wind ... That's record-cheap electricity—roughly half the price of competing coal power.
     
    litwin, May 5, 2017
    #51
  2. litwin

    litwin Well-Known Member

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    litwin, May 5, 2017
    #52
  3. Durandal

    Durandal Well-Known Member Donor

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    Oh yes. If you're not in a larger city in the USA, you're generally pretty far from any kind of public transportation. No buses, no trains, not even a taxi for miles and miles. Just roads.

    I imagine things are similar in rural areas of Russia, where populations are less dense, no?
     
    Durandal, May 5, 2017
    #53
  4. Durandal

    Durandal Well-Known Member Donor

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    Yeah, my car is smaller and I do less driving now than when gas was high. Hehe. But, I do like my almost-new little car and won't be trading it in for something bigger even with cheap gas. I'll be ready if and when the prices go skyrocketing again.
     
    Durandal, May 5, 2017
    #54
  5. litwin

    litwin Well-Known Member

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    man, why you even try to compere Muscovy

    with usa?)

    [​IMG]

    the biggest city in Sybiria , Omsk , pure
    transportation´s hell
    [​IMG]
    [​IMG]
     
    litwin, May 5, 2017
    #55
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  6. Durandal

    Durandal Well-Known Member Donor

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    That would be a fine option if we hadn't torn out most of our railroads long ago. My town has a historic train depot still standing, but of course the tracks are long gone.
     
    Durandal, May 5, 2017
    #56
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  7. Durandal

    Durandal Well-Known Member Donor

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    The most rural areas here can be almost as bad, I must admit. South Dakota's roads leave much to be desired.
     
    Durandal, May 5, 2017
    #57
  8. litwin

    litwin Well-Known Member

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    sorry but i need video , like this from South Dakota's roads

     
    litwin, May 5, 2017
    #58
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  9. AGWisFAKEsillyBABYKILLERS

    AGWisFAKEsillyBABYKILLERS Well-Known Member

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    No they don't.. The "Experts" are hiring like crazy for the upturn..

    You go ahead and try taking your trading signals from the whales who want you to sell the bottom and buy the top.
     
    AGWisFAKEsillyBABYKILLERS, May 5, 2017
    #59
  10. squidward

    squidward Well-Known Member

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    it will always be less efficient
     
    squidward, May 5, 2017
    #60
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  11. yiostheoy

    yiostheoy Well-Known Member

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    Yup -- pure speculation -- aka pulling it out of the ole wazoo.
     
    yiostheoy, May 5, 2017
    #61
  12. Durandal

    Durandal Well-Known Member Donor

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    I stand corrected. :D South Dakota vs Russia = first world problems vs third world problems.
     
    Durandal, May 5, 2017
    #62
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  13. litwin

    litwin Well-Known Member

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    no, we live in XXI c. not XIXc.

    Solar was the cheapest source of electricity in 2016, and it will further ...
    https://qz.com/.../2016-was-the-year-solar-panels-finally-became-cheaper-than-fossil-f...
    Dec 26, 2016 - The renewable energy future will arrive when installing new solar panels is ... Solar and wind is now the same price or cheaper than new fossil fuel capacity in more than 30 countries, the WEF reported... ... Just wait for 2017 ...

    Solar Could Beat Coal to Become the Cheapest Power on Earth ...
    https://www.bloomberg.com/.../2017.../for-cheapest-power-on-earth-look-skyward-as...
    Jan 2, 2017 - Mon Jan 02 2017 16:00:01 GMT-0800 (PST) Tue Jan 03 2017 04:16:14 GMT-0800 (PST). Global average solar cost may fall below coal within 10 years ... The U.S. Energy Department's National Renewable Energy Lab ...
     
    litwin, May 5, 2017
    #63
  14. litwin

    litwin Well-Known Member

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    LOL

    [​IMG]

    [​IMG]
     
    litwin, May 5, 2017
    #64
  15. Durandal

    Durandal Well-Known Member Donor

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    Last edited: May 5, 2017
    Durandal, May 5, 2017
    #65
  16. litwin

    litwin Well-Known Member

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    man i see it more like Twin Picks (with nice cafe) vs. GULAG , by the way it was a lena (federal high way in Muscovy) LOL)))

    [​IMG]
     
    litwin, May 5, 2017
    #66
  17. litwin

    litwin Well-Known Member

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    litwin, May 5, 2017
    #67
  18. Durandal

    Durandal Well-Known Member Donor

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    Well, if you like annoying Russian nationalists and Putin cockholsters, there's no better place to go!
     
    Durandal, May 5, 2017
    #68
  19. litwin

    litwin Well-Known Member

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    man)) its too much even for me , i love to be here )))

    [​IMG]
     
    litwin, May 5, 2017
    #69
  20. Oh Yeah

    Oh Yeah Well-Known Member Past Donor

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    That's why the experts are always wrong. I like being a contrarian, make more money that way. Like Buffet says " when everyone is abandoning ship that is the time to buy". It's a long term game.
     
    Oh Yeah, May 5, 2017
    #70
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  21. Ninian

    Ninian Banned

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    Well, yes - but as far as I know there still are regular buses passing through majority of settlements that are near cities.

    I understand, why would be car a necessity for somebody living away from city, but IN the city... Dear God, I can't imagine how much money people waste on something that can be easily replaced with a public transportation ticket, that costs, like, ~35$ per months.

    And the cars are all over the place - parked in parking zones, in underground parking, in yards between apartment blocks, on sidewalks and, sometimes, on the grass - which costs a same ~35$ as fine. At least costed that in late 2000th, where I was on practice in court bailiffs' office from college, typing hundreds of fines into the database. You can't imagine how much of them been for parking in the wrong place.
     
    Ninian, May 5, 2017
    #71
  22. Ninian

    Ninian Banned

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    No, really. You found QUITE a place to compare with ANY other place in the world! OMSK, my God! It's like Jersey (or, maybe Detroit (no offence to anybody from these places, I just remember I heard somewhere on Internet about Jersey being dirty and something-something dark despair, but only managed to google "at least we're not Detroid" meme)), but for the whole planet.

    [​IMG]
     
    Last edited: May 5, 2017
    Ninian, May 5, 2017
    #72
  23. Ninian

    Ninian Banned

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    Oh, and the Lena highway. Well, I see somebody loves pulling the worst of things about my country on the judgement.


    Third and First worlds, ey?

    ​

    First. World. My. Ass. End. Of. Agrument.

    Every country has troublesome places, it is, to say the least, unwise to judge whole country by it's worst parts only.
     
    Last edited: May 5, 2017
    Ninian, May 5, 2017
    #73
  24. Durandal

    Durandal Well-Known Member Donor

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    Yes, I think Europe and Russia have better public transport systems than we do, at least in part. You've got great subways in Moscow and Petersburg and no doubt elsewhere, and Germany has a terrific system of trains and buses that definitely puts us to shame. My experiences from studying in Germany have had me thinking that I could live there without a car and just might opt for it if I did live there, but where I live now, we've got nothing like it. In addition to the vast distances and the large number of small towns and many, many homes in the country (miles from any given town), we also just have a long history of automobile ownership that has made any other form of transportation impractical in rural areas, but at the same time given us an extensive system of roads that are for the most part well maintained. So, people here pretty much have to have a car (families will have multiple, no problem), and we get them quite affordably, whether they're used ones for a few hundred to a few thousand dollars or new ones available with affordable financing.
     
    Last edited: May 5, 2017
    Durandal, May 5, 2017
    #74
  25. Durandal

    Durandal Well-Known Member Donor

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    So, the "worst road in America" has potholes, but your Lena is a big muddy mess..

    What is up with that road? Why isn't it paved and better maintained?
     
    Durandal, May 5, 2017
    #75
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