jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2017, 05:59:35 AM |
|
Oil is over man i do agree trump prefers that there are more jobs in mining and oil extraction fields but actually solar energy is expanding at a faster pace. Recently dubai announced a 14 billion $ project for creating the biggest solar panel station just imagine if middle east is supporting solar how is oil a good investment
I agree with you man. I hope solar energy will start to take over in the next decade. Fossil resources like oil take centuries to reform and we're steadily running out of it. I hope to buy an electric Tesla car to support the transition to green energy. I don't know how long you're going on oil but I don't see it being used in the next 20-30 years. You might find these statistics from the EIA interesting: Utility scale power production by source, 2016- Natural gas = 33.8%
- Coal = 30.4%
- Nuclear = 19.7%
- Renewables (total) = 14.9%
Of the renewables, it breaks down like this: Hydropower = 6.5% Wind = 5.6% Biomass = 1.5% Solar = 0.9%Geothermal = 0.4% However, even though solar is such a small part of overall utility scale energy production, it is currently the fastest growing segment in the US, and not just on a percentage basis, but on an absolute power basis. In 2016, more new MW were deployed by solar than any other method: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FHGDyvZW.png&t=665&c=h09h3h5WqNc_zw) I like the trend.
|
|
|
|
STT
Legendary
Online
Activity: 4018
Merit: 1436
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2017, 04:17:33 PM |
|
Solar panels are becoming way more efficient, its very good in remote areas. In USA I saw an article on production in Nevada which as you know is desert like with alot of sunlight. So many people started producing energy they were competing with the state owned energy company and so the government has clamped down on this wanton capitalism and is taxing it heavily to try and stop any further usage of sunlight for power. No warning on the taxes, many have thousands in costs and are unable to recover that against taxable profit as a business would be able to
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
Gozie51
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2017, 04:53:58 PM |
|
Short term (1-2 years) I wouldn't want to invest in oil, no matter how "low" the price may look. Don't forget that Iran is pumping real hard to spoil the market with oil, and I'm sure that won't stop the comming years. The market currently is flooded with oil, and thus the demand/price might tank even further.
I don't think that Iran is capable of spoiling the oil market, whether they pump trillions of barren per day or not , we have saudi arabia,nigeria Venezuela there plus other big players too . Meanwhile, it is a well regulated market. Interesting is key in investment. So if you have interest, you could research more. I know OPEC is very reliable and regulates the market.
|
|
|
|
Pressessidow
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2017, 08:48:34 PM |
|
Thats appears comparable to the Kurds in North of Iraq and they have proved them selves a must have in defence of the country, looks foolish not assist and let open commerce in all areas of the place.   The Kurds nevertheless argue on taxes and policies relating to oil product sales but thankfully no person is at war over it.  The rebels audio on the improper path there due to the fact the hurt calls for cash to resolve which only places them back in the fingers of principal federal government.If rebels gave some proportion of sales taken, they could proceed on the basis of allowing higher quantities of oil to be processed relatively then supplying a greater share of the earnings which I guess is the problem now.  Eventually government would give way  to the misplaced revenue circumstance, with damaged wells it places them into stalemate.  The region is so new now that they dont even know how to argue the points I think
|
|
|
|
panju1
Legendary
Offline
Activity: 1246
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2017, 10:16:38 PM |
|
Solar panels are becoming way more efficient, its very good in remote areas. In USA I saw an article on production in Nevada which as you know is desert like with alot of sunlight. So many people started producing energy they were competing with the state owned energy company and so the government has clamped down on this wanton capitalism and is taxing it heavily to try and stop any further usage of sunlight for power. No warning on the taxes, many have thousands in costs and are unable to recover that against taxable profit as a business would be able to
The government seems to be paying lip service to the cause of renewable energy. In the end, they just seem to be interested in helping corporates maintain their profit margins. The effect on the environment be damned.
|
|
|
|
Nerman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 08, 2017, 12:34:48 AM |
|
I really do not know how much is the cost of oil in the world market but what i know is Gasoline cost so much here in my country. I hope our government invest in more efficient way to create energy and also cut their tariff in gasoline or better subsidies it until Tesla can create an Electric car that is so efficient we will not need to buy a single drop of gasoline. Sorry for ranting.
|
|
|
|
Influmezo
Newbie
Offline
Activity: 24
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2017, 07:20:42 PM |
|
It really is much better not to decide on oil as long phrase expense.Now, there are many new strength resource created to change oil.I know the use of oil as power gas is nevertheless enormous. But one particular day, I am positive we are going to substitute oil with other useful resource, because oil is finite in earth.
|
|
|
|
Theb
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2017, 07:26:16 PM |
|
Solar panels are becoming way more efficient, its very good in remote areas. In USA I saw an article on production in Nevada which as you know is desert like with alot of sunlight. So many people started producing energy they were competing with the state owned energy company and so the government has clamped down on this wanton capitalism and is taxing it heavily to try and stop any further usage of sunlight for power. No warning on the taxes, many have thousands in costs and are unable to recover that against taxable profit as a business would be able to
With no experience Bitcoin will soon be part of his gaming rig which is expensive until now. Buying pc parts for an updated guys is a bad way to lose your cpu cooler. And yes you are right Bitcoin can exist virtually and Bitcoin is not one of the brands where money is important. All obviously solar panels are one of the best renewable energy our there that is working for me and can work for others also.
|
|
|
|
Foromany
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2017, 06:29:15 PM |
|
Why oil is continuing to go up, is there any offer produced on doha to freeze the production? I feel zombies are acquiring once more.
|
|
|
|
Beareonetu
Newbie
Offline
Activity: 24
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2017, 02:43:05 AM |
|
It truly is better not to select oil as prolonged term investment.Now, there are a lot of new strength resource designed to exchange oil.I know the use of oil as strength gasoline is even now massive. But a single working day, I'm confident we'll exchange oil with other resource, considering that oil is finite in earth.
|
|
|
|
Beareonetu
Newbie
Offline
Activity: 24
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2017, 02:00:03 PM |
|
It is far better not to select oil as prolonged expression expense.Now, there are a lot of new energy useful resource developed to substitute oil.I know the use of oil as power fuel is even now enormous. But one working day, I'm positive we are going to change oil with other useful resource, considering that oil is finite in earth.
|
|
|
|
STT
Legendary
Online
Activity: 4018
Merit: 1436
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2017, 03:27:03 PM |
|
Oil being finite is not the problem, as far humans and the next hundred years its infinite. Its only the cost to discover and extract that would discourage its use, also it could just be less efficient then new forms of electric power.
Nuclear power is already more efficient then oil but many other things are not (vs Saudi oil costs), however oil is not as clean to use at point of burning. It makes alot more sense to have all electric use in major cities of the world, if anything we are behind in that as a feasible scenario. The electric also requires some oil usage for production but the emissions would be outside cities. There is also an increasing case for use of solar panels, the main reason is always efficiency and solar is now better performance to price.
Long term oil will be replaced but I do not believe it will run out. Many areas of the world are still not used.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
saschafx
Newbie
Offline
Activity: 49
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2017, 09:40:16 AM |
|
Why oil is continuing to go up, is there any offer manufactured on doha to freeze the manufacturing? I believe zombies are buying once again.
|
|
|
|
deisik
Legendary
Offline
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2017, 09:55:12 AM Last edit: October 22, 2017, 12:10:58 PM by deisik |
|
Oil being finite is not the problem, as far humans and the next hundred years its infinite. Its only the cost to discover and extract that would discourage its use, also it could just be less efficient then new forms of electric power.
Nuclear power is already more efficient then oil but many other things are not (vs Saudi oil costs), however oil is not as clean to use at point of burning. It makes alot more sense to have all electric use in major cities of the world, if anything we are behind in that as a feasible scenario. The electric also requires some oil usage for production but the emissions would be outside cities. There is also an increasing case for use of solar panels, the main reason is always efficiency and solar is now better performance to price.
Long term oil will be replaced but I do not believe it will run out. Many areas of the world are still not used.
I essentially agree with what you say As the saying goes, the Stone Age didn't end for the lack of stones, and it is pretty much the same with oil. That said, I can't quite agree with your optimism (if I can call it that) in respect to solar panels. They may become cheap and efficient (on their own) but they are not very useful where most electricity is consumed. I mean the best part of Europe, the US and Canada where there is not enough sunshine to make them a viable solution. So with solar panels we are still inevitably stuck with the issue of efficient power transmission over long distances. You simply can't raise voltage indefinitely to diminish the losses due to resistance of the wires, and until there are major breakthroughs in superconductors or similar technologies, solar energy will continue to remain a marginal source of power for most of the industrialized world
|
|
|
|
vafro
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2017, 10:40:37 AM |
|
Why oil is continuing to go up, is there any offer manufactured on doha to freeze the creation? I believe zombies are purchasing again.
|
|
|
|
ivaniyc1
Newbie
Offline
Activity: 22
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 02:20:36 AM |
|
Why oil is continuing to go up, is there any deal produced on doha to freeze the generation? I consider zombies are getting again.
|
|
|
|
BelieveInBitcoin
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 98
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2017, 10:22:26 PM |
|
As the saying goes, the Stone Age didn't end for the lack of stones, and it is pretty much the same with oil. That said, I can't quite agree with your optimism (if I can call it that) in respect to solar panels. They may become cheap and efficient (on their own) but they are not very useful where most electricity is consumed. I mean the best part of Europe, the US and Canada where there is not enough sunshine to make them a viable solution.
I don't agree. I live in the UK and have solar panels on the roof. They contribute about half of the electricity I need to power my house and electric car - I reckon that's a pretty good deal.
|
|
|
|
guy_wonderful (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2017, 02:17:46 AM |
|
Hello oil barons! Now you can follow me at TradingView , I made it by a request of some forum members. Never thought it's can be so popular! Has posted there all mine active trades already. It's, actually, works very smooth.
|
|
|
|
deisik
Legendary
Offline
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2017, 09:17:21 AM |
|
As the saying goes, the Stone Age didn't end for the lack of stones, and it is pretty much the same with oil. That said, I can't quite agree with your optimism (if I can call it that) in respect to solar panels. They may become cheap and efficient (on their own) but they are not very useful where most electricity is consumed. I mean the best part of Europe, the US and Canada where there is not enough sunshine to make them a viable solution.
I don't agree. I live in the UK and have solar panels on the roof. They contribute about half of the electricity I need to power my house and electric car - I reckon that's a pretty good deal I wasn't talking about home use Obviously, industrial use requires orders more of electricity power than home use. Besides that, we don't know what your daily consumption rates are since without knowing them it is a moot point really. What if you drive once a week, prefer darkness and use natural gas for cooking and heating? Anyway, if it were a viable solution from an economic point of view, we would have long been there, but I'm heavily inclined to think that even if we make 100% efficient solar panels, this will still be nowhere near enough for industrial production unless the production capacities are located in or near Sahara desert
|
|
|
|
lordquanta
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2017, 03:36:33 PM |
|
Why oil is continuing to go up, is there any deal produced on doha to freeze the generation? I consider zombies are getting again.
From different perspective, few years earlier only Arab countries were major supplier, exporter of the oil. However things changed rapidly when other countries also found the oil reserves in their countries (some countries found under seabed). However as per some theories majority of oil price drop was result of global politics to crush the economies of some countries. Some say that Countries like Venezuela, Iran (these two heavily depends on their oil trade) and Russia who depend on the oil trade were targeted with oil price drops from saudi. Today you could see that venezuela is almost bankrupt and Iran, Russia also facing problem with lowered prices. Till now USA was one of major importer of oil however USA also has discovered vast reserve of oil in their own country. So there are less chances of price surging 100 dollars per barrel in near future, given that many alternatives are available to oil based products.
|
|
|
|
|