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Morgan Stanley: Gasoline Industry Is About to Become Totally Worthless
Oilprice ^ | Feb 09, 2021 | Alex Kimani

Posted on 02/11/2021 1:41:15 AM PST by nickcarraway

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To: MalPearce
Most of our heating is provided via multifuel stoves, with seasoned timber provided by the local forestry.

My friend, you said the magic words. Solar cannot heat a house in the winter.

61 posted on 02/11/2021 5:09:45 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: MalPearce
Looks like just for your hardware mentioned it would cost around £5.7k. I seriously doubt you could get all that installed for £2.3k.

Just because you didn't get a check doesn't mean the thing isn't subsidized. Not saying it isn't a great deal for you. It is just that the system breaks down when you start using the same model for everyone.

Plus, when one starts considering the energy cost of producing a lot of the "renewable" energy hardware, it starts to look (practically) like an energy storage medium rather than an energy source. If your initial energy is cheap enough, and your goal is energy independence, that may not matter. But if your goal is eliminating fossil fuels from the economy, all you have done is moved it behind a curtain you won't look behind. That is why most "electric" cars can effectively be described as "coal-fired."

62 posted on 02/11/2021 5:13:23 AM PST by hopespringseternal
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To: MalPearce

Thank you for the detail of your response.

Please share the brand/source of the panels that you are using, etc. You indicated a spend of @ $6,000 USD. Is this a turnkey cost?

I’d be interested in converting my all electricity house (average monthly electric = @ $189 w/ two people) to this setup.

MFO


63 posted on 02/11/2021 5:13:45 AM PST by Man from Oz
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To: Man from Oz
He spent 8,000 pounds or $11,000. Of utmost importance, he heats with wood. If you live where it gets cold, then you can forget about heat or having unfrozen plumbing in the winter.
64 posted on 02/11/2021 5:18:23 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: nickcarraway

The quality, range, and speed of charging electric vehicles have improved to where they are now a viable source of everyday transportation.

Currently, the electric generation and grid could not handle a substantial increase in electric vehicles......

This means more natural gas, coal, and nuclear-powered plants need to come online very soon to meet expected demand.

Coal plants emissions are almost down to nothing with the new scrubbing procedures, gas plants emit little, and nuclear, well it’s nuclear.....

Reducing the number of gas vehicles and increasing the number of electric must be met with a substantially increased electric distribution and generation infrastructure to be viable.

Electric vehicles will be the future of transportation but gas vehicles will be here way into the 2050s.....


65 posted on 02/11/2021 5:20:06 AM PST by nevergore (I have a terrible rash on my covfefe....)
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To: Man from Oz
Just looked up your state: Kansas. What is your monthly electric cost in Dec, Jan and Feb? Those won't go down. What about summer months? Those will drop. You may earn some credit towards winter months but with a small system like the one he has, you won't build up much credit.
66 posted on 02/11/2021 5:20:46 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: nickcarraway

That’s because we will all be so poor from Democrats we won’t have any cars.


67 posted on 02/11/2021 5:20:52 AM PST by Hattie
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To: hopespringseternal
He heats with wood, end of story. Here in VIrginia I heat with wood and have enough remaining solar (more than he has) to go off grid. But I don't because hot water from the electrical grid is cheap.

I could also hook panels to the grid and force my neighbors to subsidize my winter electrical needs by buying my summer excess at full retail. But that would be unfair to my neighbors, because my power company can buy reliable wholesale power for about 4 cents instead of my unreliable power for 12 cents, and tha's what my power company should do.

68 posted on 02/11/2021 5:24:17 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: MalPearce

Thats good first hand information, thanks.
Its contrary to what I have previously know about the technology; so its good to hear of your experience.


69 posted on 02/11/2021 5:26:04 AM PST by HereInTheHeartland (Leave me alone, I have no incriminating evidence on the Clintons)
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To: nickcarraway

They have pronounced the gas industry dead more times than they wrote off Sylvester Stallone’s career.


70 posted on 02/11/2021 5:26:22 AM PST by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix) )
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To: raybbr

It means that “renewable” is impossible due to entropy.

EVERYTHING degenerates. No cycle is perfect - there is always loss.


71 posted on 02/11/2021 5:33:23 AM PST by freedumb2003 (No matter what, resist and stop the agenda of blow bidet and hairass the whore)
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To: palmer

Dec, Jan, and Feb = $175, 190 and 171, respectively.
June, July and Aug = $148, 209 and 162

Yes, I do have a wood stove down in the basement and we use the hell out of it when it is cold (like it is right now!)

I appreciate your thoughts. I am going to look into this.


72 posted on 02/11/2021 5:34:51 AM PST by Man from Oz
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To: HereInTheHeartland
He heats with wood. Unless you have natural gas or wood heat in Iowa you are not going to save very much copying his small system. That's because your heat exchanger will continue to require grid electricity in winter. You may build up some grid credits in summer, but realize that's a subsidy from your neighbors.
73 posted on 02/11/2021 5:35:56 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: freedumb2003
EVERYTHING degenerates. No cycle is perfect - there is always loss.

This is especially true of the phenomenon of voting for democrats in order to get “free” stuff. There is tremendous loss in that process.

74 posted on 02/11/2021 5:36:09 AM PST by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.`)
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To: marktwain

Brits don’t do AC. Their residential solar is highly subsidized. There are a lot of holes in his story.


75 posted on 02/11/2021 5:38:02 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: BiglyCommentary

Makes more sense that what they’re talking about. Thanks.


76 posted on 02/11/2021 5:39:12 AM PST by HotHunt
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To: Man from Oz
Your numbers are good for the feasibility of a small solar system like his. On the back of the envelope you will save $600-800 a year in grid costs from a solar system costing abuot 10-15 times that. You might pick up a subsidy as well.

Most importantly you will be comfortable in the winter with your wood stove.

77 posted on 02/11/2021 5:39:14 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: palmer

I don’t calculate it that way. Dodgy salesmen use shoddy math like that to prove people can make money out of solar that way; they then find it’s pie in the sky, based on total guesswork.

The way I work it is, mental arithmetic. A flat rate 14.4p per kWh is typical, but it is creeping up. If I use on average 30kWh every day that’s £4.50 a day, or £31.50 a week, or £96 a month, £1150 ish per year - and that’s consistent with my quarterly bills before getting solar.

In other words, if I didn’t get solar, and if prices stay static for 7 years, after 7 years I’d have paid as much to the grid as I (overspent) last year on solar.

If I generate 60% of my own power over that seven year period, without reducing consumption, it’ll take just around 11.5 years to get to a point where the solar has paid not just for itself but for all the other works I had done at the same time, and for its maintenance.

In reality, the system is rated for 16 years minimum, and if it’s well maintained it should last for 22 years.

So, TCO over the lifetime amounts to a 20% cost reduction.

That’s if I generate only 60%, AND the price of using the grid doesn’t rise.

If I can get to a point where


78 posted on 02/11/2021 5:39:28 AM PST by MalPearce
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To: freedumb2003

Jumping in.......

Nuclear trumps solar or wind

Green is ridiculous and hyped by ignorati


79 posted on 02/11/2021 5:39:35 AM PST by bert ( (KE. NP. N.C. +12) History: Pelosi was pitiful vindictive California crone)
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To: MalPearce
We’ve got the washing machine, dishwasher, tumble drier and electric fan oven on right now so are using 2760kw. Stick the cooker on too, and we might hit 5.5kw.

So how does your panel putting out 1.5 kva handle that load? It doesn't..

80 posted on 02/11/2021 5:41:07 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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