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ExpatOilWorker

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Everything posted by ExpatOilWorker

  1. + Defence Minister Shoigu is also in Belarus. The foreign minister of Belarus died a few weeks ago, so maybe they are setting up Kremlin II in Minsk.
  2. Neither do I since the OP is about shale gas. On the subject of the tar sands in Canada, the oil industry is cleaning up God's biggest oil spill.
  3. Hydraulic fracturing is fun, shale gas fracturing is awesome and a nice big CO2 frac is pure thrill. Nothing beats unleashing 20,000 HHP (Hydraulic horse power) and pump at 10-12,000 psi for hours.
  4. Should be business as usual from tomorrow (December 20th).
  5. We should give peace to this pile of Russians...
  6. Boats are also canceled for December 19th, 2022. Tomorrow should be OK.
  7. https://theatlasnews.co/breakingnews/2022/12/18/thai-royal-navy-vessel-htms-sukhothai-sinks/
  8. You are right. Weather might improve tomorrow, let's see.
  9. Any update on the night ferry, are they still sailing?
  10. Just further proof that renewals cause climate change and widespread pollution.
  11. Because it is important. For some reason IMF have decided to call tax rebates for implicit subsidies, but in reality we all know it is just a price adjustment because oil it so heavily taxed. https://www.opec.org/opec_web/en/data_graphs/333.htm
  12. Did you read the last part, if not here it is: "but these are relatively small." Subsidies are decomposed into explicit and implicit subsidies. Explicit subsidies occur when the retail price is below a fuel’s supply cost. For a non-tradable product (e.g., coal), the supply cost is the domestic production cost, inclusive of any costs to deliver the energy to the consumer, such as distribution costs and margins. In contrast, for an internationally tradable product (e.g., oil), the supply cost is the opportunity cost of consuming the product domestically rather than selling it abroad plus any costs to deliver the energy to the consumer. Explicit subsidies also include direct support to producers, such as accelerated depreciation, but these are relatively small.
  13. Lots of products are harmful, cars, a knife, sugar, steaks, eggs, alcohol.... The consumers, many of them shallow and just green on the outside, can just avoid using oil if they don't like it. Still they continue using it, because it is a great and cost effective product.
  14. But, but....that pollution is caused by the tax paying consumers and not the oil companies ???? ????.
  15. When a product that is produced for $10 is sold for $300 because of royalty tax, windfall tax, green taxes, CO2 taxes, punitive taxes, we are a little beyond your average VAT tax rate. Cheap fossil fuel is paying for a lot of the benefits we take for granted, whether we like it or not.
  16. How did you feel you had high cholesterol? I thought there are no symptoms from having high cholesterol.
  17. Oil is net taxed through the roof. Whole governments are living of the tax they skim of oil. Say when the Thai government is subsidizing diesel, it is actually only a tax rebate.
  18. "When U.S. government subsidies are included, the cost of onshore wind and utility-scale solar continues to be competitive with the marginal cost of coal." Rich countries can and often do subsidies their way to a greener future. They can afford it and that is great ????, but poor countries, which is the majority will take cheap fossil fuel any day.
  19. The utopian dream of free energy will never happen. Fusion power plants will probably be so huge and expensive that only a few wealthy nations can afford them. The rest of the world will still be hooked on cheap fossil fuels for generations to come.
  20. 83 kWh, that will cost them about 375 baht. I am sure they can afford that.
  21. China has now entered the construction ???? business in Thailand.
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