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Thread: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Misterveritis View Post
    If the car I drive is hit by a truck I will die. If that same truck hit the car I drove 40 years ago I would very likely live. I made my choice. But government continues to take my choices away.

    Many people have been killed unnecessarily because politicians wrote laws that took steel out of vehicles.
    No

    Cars today are far safer

    http://i.imgur.com/7fYQaOc.gif

    Old Cars Crashing Into New Cars: Which is Safer? - Core77

    Cars today even small cars are far safer then cars of 20 years ago, let alone 40 years ago. Even small cars today weigh far more then cars of 34 years ago. The weight of a 69 Camaro was between 3100 to 3400 lbs the new Camaro is around 3900.
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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by EnigmaO01 View Post
    Why do you detest hybrids?
    To me, hybrids are nothing but a compromise - the worst of both worlds.

    Major manufacturers HATE all-electric vehicles. They have fewer moving parts (so they wear out slower) and they breakdown less and require less spare parts...so people keep can keep them longer with FAR fewer repairs and maintenance. Parts sales are a significant portion of manufacturers profits as is planned obsolescence. And for their dealer network, apparently as much as 1/2 of their profits come from parts and service (so they probably hate all electrics even more). Ask anyone who owns an auto parts store what they think about electric cars and they will probably wince.

    But manufacturers have to raise fuel economy in their vehicles and they have to at least appear 'green'...so hybrids came along. and as much as they hate all electric vehicles, they LOVE hybrids.

    Hybrids have all the maintenance requirements of an internal combustion engine PLUS they have the added complexity of an electric motor and it's batteries. Sure the latter does not wear out often, but they do eventually...especially the batteries. So they get to sell at least as many parts as regular cars/trucks, the dealers are happy for the same reason, the cars are more costly (and probably carry a higher profit margin), they raise CAFE ratings and they make them look green.
    But they are - imo - horrible (unless you use them strictly in the city). They cost WAY more then a similarly sized and equipped normal vehicle - so much so that it takes usually 7 or 8 years to pay off the difference with better fuel economy (if you drive normal highway/city ratios; if you drive mostly city - where hybrids are most efficient - then they make sense which is why many cabs are hybrids). And repairs are worse then a regular car as there is a lot more stuff to go wrong. Plus, maintenance is also worse.

    Of course, major manufacturers want to look 'green' - so many of them make all electric cars. But they - imo - deliberately make them so almost no one will want them. They pack in so little battery reserves that they only have ranges of 70-110 miles...semi useless for an average family as a principle vehicle...especially considering there are almost no super fast charging stands around. And if they say they cannot build cars with more batteries, they are lying or they are morons. Look at the Tesla. True, it's very pricey. But it can go hundreds of miles even in the base version...and that is a small company. Surely the big 'boys' could stuff a ton of batteries into a smaller car...they just don't want to.

    And most of us know the example of the EV-1. The all electric car GM made in the late '90's to meet California's then proposed 10% zero emission law. OF course, when California chickened out and dropped the zero emission regs, GM refused to let any owners keep the cars and had every one they could get their hands on destroyed.
    That episode should tell you right there how terrified major auto manufacturers are of all-electric cars...especially cheaper ones.

    General Motors EV1 - Wikipedia, the free encyclopedia

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Oil Prices Collapse After OPEC Keeps Oil Production Unchanged

    WTI Crude Crashes Below $70 For First Time Since June 2010



    Oil Prices Collapse After OPEC Keeps Oil Production Unchanged - Live Conference Feed | Zero Hedge

    http://www.zerohedge.com/news/2014-1...time-june-2010



    Looks like the supposed Saudi drive to destroy (or limit) the US shale oil dream is succeeding.
    Last edited by DA60; 11-27-14 at 12:26 PM.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by ocean515 View Post
    Of course it's a dream solution. The cost of crude will return to levels that will allow shale derived oil to return to profitability.
    Not necessarily



    Drilling Deeper: New Report Casts Doubt on Fracking Production Numbers | DeSmogBlog

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by SouthernDemocrat View Post
    That is absurd. Today vehicles are safer than ever before. There is a greater variety in choice than ever before. Trucks are stouter and can pull more than ever before. Sports cars are faster than ever before. You can get better off road capability in Jeeps, Land Rovers, and Toyota FJ-Cruisers than ever before (stock). Cars last longer and are more reliable than ever before. All this while at the same time cars and trucks are more fuel efficient than ever before. I swear some people would bitch if they were hung with a new rope.

    Lol !

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Lord Tammerlain View Post
    No

    Cars today are far safer

    http://i.imgur.com/7fYQaOc.gif

    Old Cars Crashing Into New Cars: Which is Safer? - Core77

    Cars today even small cars are far safer then cars of 20 years ago, let alone 40 years ago. Even small cars today weigh far more then cars of 34 years ago. The weight of a 69 Camaro was between 3100 to 3400 lbs the new Camaro is around 3900.
    The New Democratic Party Slogan :

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Fenton View Post
    Lol !

    Ok, I have presented highway safety statistics and pointed out the performance of modern vehicles. In response, you post a picture of one vehicle of out hundreds of different makes and models. Should post a video of a 70s Ford Pinto in a crash or a 60s Mini in a crash? The fact is, highway traffic fatalities are down to the lowest levels in the modern era, vehicles are safer across the board, vehicles are more efficient across the board, there is more choice today than ever before, and we have lower oil prices due to decreased demand. I do not understand why anyone would bitch about that.
    "You're the only person that decides how far you'll go and what you're capable of." - Ben Saunders (Explorer and Endurance Athlete)

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Lord Tammerlain View Post
    No

    Cars today are far safer

    http://i.imgur.com/7fYQaOc.gif

    Old Cars Crashing Into New Cars: Which is Safer? - Core77

    Cars today even small cars are far safer then cars of 20 years ago, let alone 40 years ago. Even small cars today weigh far more then cars of 34 years ago. The weight of a 69 Camaro was between 3100 to 3400 lbs the new Camaro is around 3900.
    That new Camaro also gets far better mpg, is more reliable, more comfortable to drive, and would walk off and leave the equivalent 69 model. The fastest production Camaro in 1969 had a zero to 60 time of 5.9 seconds. The fastest production Camaro today has a zero to 60 time of 3.7 seconds.
    "You're the only person that decides how far you'll go and what you're capable of." - Ben Saunders (Explorer and Endurance Athlete)

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Thank you for the link. Unfortunately, an agenda driven website presenting a report covering a false premise doesn't get very far in my book. Shale and tight oil have never, to my knowledge, been considered an answer to a petroleum crisis. They have always been considered a viable addition to petroleum production and supplies.

    As such, the "desmog.blog, and the "Post Carbon Institute" may want to rethink their spin if they intend to attract an audience beyond the cheerleaders already in their camp.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Here is another comparison. The Chevy Half ton pickup in 1970 which was the absolute pinnacle of performance in the pre-emission controls / pre-CAFE standards era had the following performance specs for the 350 small block:

    255 HP and 355 Pounds of Torque. It achieved 10 mpg in town and 12 mpg on the highway.

    Today, a Chevy Half ton equipped with a 5.3 liter engine (smaller than the 1970 5.7) has the following performance specs:

    355 HP and 383 Pounds of Torque. It averages 24 mpg on the highway.

    So despite those horrible CAFE regulations, Safety Standards, and Emission Controls, that truck gets twice the MPG, 100 more horsepower, and more torque.
    "You're the only person that decides how far you'll go and what you're capable of." - Ben Saunders (Explorer and Endurance Athlete)

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