Rise of the Fossil Fuel Industry - Discussions and Debates

I am personally hopeful for a rise of Fossil Fuel work. For me, and many others, this is how we make our livings. I have no qualms with destroying barriers that prevent work from happening. Keep in mind, groups like the Sierra Club, etc will still pose issues for permitting, etc regardless of federal legislation being struck down.

 

The earth is going to shake us the hell off of it, due to us polluting the entire thing and having too many people on the planet.

We are making ourselves extinct and leaving our children a massive mess they probably can't clean up.

DD

 

It may cut costs from an operational standpoint in terms of periodic inspections and paperwork; but state regulatory boards and plaintiff's lawyers aren't going anywhere soon, and are exploited as much by industry competitors against each other as by environmental groups against the whole sector. Also to the extent that prosperity is shaped by pricing, that's still based on stored inventory, global production, weather, and geopolitics. Trump can only **** up one of those things.

 

No we aren't. simple as that, and classic example of the hyperbole that it typical of any discussion on this topic.

 

The only force threatening our extinction are the people saying there are too many people.

Every mouth is attached to a brain to solve problems.

 

If this opens up and anything goes in fossil fules . . . . .are we going to be pissed about having to pay for any health related issues that increase because of it?

Rocket River

 

Renewable energy, namely solar, will be the solution for to meet cheap and growing energy demands and potentially regional surpluses, and I'll be pissed if subsidies are killed at the expense of more fossil fuel "investment". For one thing, oil majors are sitting on a mountain of cash and don't know what to do with it, and another, there are more externalities and impacts from burning more carbon beyond the social debatability of global warming and more into ocean acidification and urban quality of health and life.

Do they have to attend and finish college in order to have a better chance of solving said problems?

 

Oh look another genius looking to help the planet.

People don't consume resources, they create them.

 

My smug indifference emits less CO2 and methane.

Tragedy of the commons doesn't mesh well with our current standards of living.

FWIW, I hope I'm wrong and I like to at least try fit the boy scout prinicple.

 

I thought it is 99% ...

 

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I'll never forget a good friend of mine responding to the news that my dad had lymphoma with "well we have too many people on the planet anyway". I was speechless. He was a raging leftist, yes, but holy **** I would have never expected him to say something like that. That was about 5 years ago and I pretty much stopped speaking to him after that. Truth be told it still pisses me off thinking back on it.

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Anyway I work in energy commodity trading so I am interested in this topic too. But I am not allowed to share anything that's worth sharing so I'll mainly just be reading.

Carry on.

 

getting the price of energy down is a sure path to a better world

all of the worst state actors in the world (Iran, Russia, Venezuela, ISIS) are petro-states, totally reliant on a high price of energy

and every industry and employer consumes energy, cheaper energy means more funds available to expand and hire

for the poor, energy is a huge percentage of their living expenses, and cheaper energy gives them more disposable income

What's the downside? A few degrees warmer a hundred years from now? I don't believe that, but even if it was true, the benefit far outweighs the cost.

Faceless unelected bureaucrats at the EPA have no hesitation adding billions in energy costs to Americans. They are a menace. It's insidious because what they do is hard to see.

 

Renewable is the future, if the technology does not come from the US, it will come from Germany, China, Japan, etc. Fossil fuel is finite and will be used up sooner or later.

 

Unlikely, Germany has already hit the wall in terms of renewable installation and wasted much of its resources on solar that's almost useless at Germany's latitude; China's just adding more of everything because it'll need more energy in the future though solar and wind have lousy capacity factors in China and Japan, after a growth spurt due to Fukushima has scaled back because it's way too expensive.

 

Umm, do you think technology is static? What if there are major break through in battery technology? This alone could make renewable energy worth while (imagine if you can store months or a year worth of solar energy in a battery which can be used to power you home, office, etc)

 

It's not static, but it unlikely to jump from the batteries of today that may economically store 1 days worth of electricity to one that can store a summer surplus. Especially for batteries which have existed for more than a hundred years and where greater storage capacity is valuable and would be useful for so many application.