Discover and read the best of Twitter Threads about #repraps
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@AP No one is facing up to the scale of the demand crash.
We normally produce 80-million+ barrels a day, and half the world (the rich half, mostly) is under lockdown.
Do we need 3/4 of the oil we did? 1/2? 1/4?
20-million+, 40-million+ or 60-million+ barrels/day less?
We normally produce 80-million+ barrels a day, and half the world (the rich half, mostly) is under lockdown.
Do we need 3/4 of the oil we did? 1/2? 1/4?
20-million+, 40-million+ or 60-million+ barrels/day less?
@AP Does the lockdown end in several months?
A year or more from now, when we (hopefully) have a vaccine?
How much will our consumption habits have changed by then?
How much renewable power will have been installed?
How many vehicles will be hybrid or electric?
A year or more from now, when we (hopefully) have a vaccine?
How much will our consumption habits have changed by then?
How much renewable power will have been installed?
How many vehicles will be hybrid or electric?
@AP How long will it take to recover from what is effectively a depression?
Then look at the underlying math for oil coming out of this era, which is even worse.
Then look at the underlying math for oil coming out of this era, which is even worse.
@business .@business Very useful for Russia, Iran and the Saudi's Aramco IPO.
But just pointing out we could dump algae in biodigesters, produce unlimited natural gas & recycle the waste on 6/23/14 preceded oil prices peaking 6/24/14 & plummeting by 75%.
But just pointing out we could dump algae in biodigesters, produce unlimited natural gas & recycle the waste on 6/23/14 preceded oil prices peaking 6/24/14 & plummeting by 75%.
@business .@business To sum up:
Algae rotting in biodigesters can make all the methane (natural gas) that you need.
Conventional GTL (gas-to-liquid) technology converts NG to oil at $25/barrel *without* pricing in de facto free energy or feedstocks.
futureimperative.blogspot.com/2011/07/amazon…
Algae rotting in biodigesters can make all the methane (natural gas) that you need.
Conventional GTL (gas-to-liquid) technology converts NG to oil at $25/barrel *without* pricing in de facto free energy or feedstocks.
futureimperative.blogspot.com/2011/07/amazon…
