How's that solar energy doing? SunEdison on the verge of bankruptcy

Oil prices had already tanked before that deal. Iran exporting oil is just a drop in the bucket. Nice try though.

 

Oil prices matter on the margin of supply. Expectations of future releases from Iran also factor into today's price. Learn about the oil markets and economics in general before you ever step to me again, son.

 

I really just feel sorry for you at this point.

 

Just LOL

All you can do is insult since you cannot talk substance.

 

Oh lordy. Now li'l t is busting on Obummer for low oil prices and white knighting alternative energy at the same time. This makes my day.

But I do miss the days when our favorite wingnut was starting threads like-Obama responsible for bringing $5 per gallon gasoline.

 

I'm not sure why that's a negative. If solar is going to be a source of energy for us long-term, it should succeed on its merits.

Besides that though, US solar is competing with grid electricity which is correlated to the price of natural gas, not oil. Gas has been cheap because of shale fracking of gas reserves inside the United States. It is not a market that has much international interplay. LNG export is not at scale. That's not to say that the gas market is independent of oil, because it isn't, but if the Iran deal never happened, we would still have very cheap gas. In fact, higher prices for oil internationally would mean more domestic production of oil for export, and along with it, more associated gas production that would be mostly trapped in the domestic market to feed the glut and push gas and power prices down. In short, Iranian oil does not impact the US solar market much at all.

 

You really should keep your dick in your pants more. You've fathered quite a bit of children at this point.

 

I was correct with the $5 gasoline point. It touched $5.

 

Obummer is an idiot either way? LOL. I love partisans, so very amusing.

 

Why choose them?

 

Oil looks cheap but there is a bigger equation accounting for the future environmental impacts we can't begin to calculate yet. The fact is renewables need to grow quickly even if they are subsidized, and oil needs to be more expensive to pare down CO2 levels.

Climate change will wipe $2.5tn off global financial assets: study
http://www.theguardian.com/environm...financial-assets-study-warns?CMP=share_btn_tw

I like the comparison to Rim and Blackberry above, not all innovators in new industries are going to be successful.

 

MARCH 1, 2016
Solar, natural gas, wind make up most 2016 generation additions

Electric generating facilities expect to add more than 26 gigawatts (GW) of utility-scale generating capacity to the power grid during 2016. Most of these additions come from three resources: solar (9.5 GW), natural gas (8.0 GW), and wind (6.8 GW), which together make up 93% of total additions. If actual additions ultimately reflect these plans, 2016 will be the first year in which utility-scale solar additions exceed additions from any other single energy source.

http://www.eia.gov/todayinenergy/detail.cfm?id=25172

 

lol dying industry

Just like internet commerce:

http://money.cnn.com/galleries/2010/technology/1003/gallery.dot_com_busts/index.html

 

I'm happy with it. Rigs are silent.

 

Exactly. And not just internet commerce. It's the internet as a whole. Pretty soon people will start sending written mail again instead of texts and email.

Solar has absolutely zero future in it.