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Big Oil and citizenship
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nw30



Joined: 21 Dec 2008
Posts: 6321
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Tue Apr 21, 2020 12:49 pm    Post subject: Reply with quote

Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html
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mac



Joined: 07 Mar 1999
Posts: 14758
Location: Berkeley, California

PostPosted: Tue Apr 21, 2020 12:56 pm    Post subject: Reply with quote

nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


I can remember when NW called me stupid for refusing to buy oil stock.
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boggsman1



Joined: 24 Jun 2002
Posts: 8069
Location: at a computer

PostPosted: Tue Apr 21, 2020 1:26 pm    Post subject: Reply with quote

nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


Its called sarcasm. Since oil futures had never traded negative before yesterday, someone has to explain it , I guess. But , in terms of CNN, they still get top dollar AD rates in Prime Time, I guess consumers in the 25-54 age group watch it.
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nw30



Joined: 21 Dec 2008
Posts: 6321
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Tue Apr 21, 2020 2:06 pm    Post subject: Reply with quote

mac wrote:
nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


I can remember when NW called me stupid for refusing to buy oil stock.
I did? I currently don't own any myself, haven't for quite awhile.
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mac



Joined: 07 Mar 1999
Posts: 14758
Location: Berkeley, California

PostPosted: Sun Jun 21, 2020 10:50 am    Post subject: Reply with quote

Op ed piece in today’s Chronicle gives some idea about the desperation of the carbon industry in the face of climate change challenges. Written by Daniel Kammen, prof. at Cal with a long resume on energy and public policy. The subject is Lyft’s commitment to electrical vehicles.

Quote:
...EV’s outperform gas-powered cars in terms of both equivalent miles per gallon, and in terms of operating costs. EV costs per mile are 1/3 to 1/5 that of petroleum cars. In California...an EV powered from the grid gets more than 120 miles per gallon equivalent...”



With solar collectors, that increases to 200 mpg equivalent. If only the buggy whip makers had the Koch’s and mrgybe to pimp for them...
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mac



Joined: 07 Mar 1999
Posts: 14758
Location: Berkeley, California

PostPosted: Sun Jun 21, 2020 1:34 pm    Post subject: Reply with quote

Schadenfreude is a guilty pleasure.

https://www.ft.com/content/9dc099f3-f51b-4eef-8c14-03b33ba4d041?mkt_tok=eyJpIjoiWWpVME1URmtaakppTW1ObCIsInQiOiJUdHRvWTJHZXk0ZXJlZ2ozRmpDcmc0QUE5OUU3Nm9BUUxwSldBMWpMQzFKODhxNlh0dzVnNHRZaWhpVkVHMG9ydDJzM0laV2FcL1AxaE9MdnR6eHh6T3lBMlE0WWtnVTVhWlozSlZSZ2VDMEZ0SnRVeVFtcGxvMEpcL2NHazkrUUVWIn0%3D
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mac



Joined: 07 Mar 1999
Posts: 14758
Location: Berkeley, California

PostPosted: Sun Jun 28, 2020 3:44 pm    Post subject: Reply with quote

The swamp creatures backing Trump and paying Republicans. Exxon dishonesty display on places other than this forum. From Morning Consult.

Quote:
In 2017, the government of Venezuela attempted to recruit then-Rep. Pete Sessions (R-Texas) via email to set up a meeting with the head of ExxonMobil Corp. to lure the oil giant back to the country, while at the same time allegedly paying a close former House colleague $50 million in consulting fees to mitigate the use of sanctions against Venezuela, a media outlet found. According to two people familiar with a federal inquiry into the matter, the email from Venezuela's state-run oil giant PDVSA has been shared with U.S. federal law enforcement officials investigating the person who allegedly instructed the official to send the email, former Miami Congressman David Rivera; both Sessions and Rivera did not comment in response to the allegations.
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