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ExpatOilWorker

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Everything posted by ExpatOilWorker

  1. 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.
  2. But, but....that pollution is caused by the tax paying consumers and not the oil companies ???? ????.
  3. 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.
  4. How did you feel you had high cholesterol? I thought there are no symptoms from having high cholesterol.
  5. 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.
  6. "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.
  7. 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.
  8. 83 kWh, that will cost them about 375 baht. I am sure they can afford that.
  9. China has now entered the construction ???? business in Thailand.
  10. 45 million bbls per day?? Have you been looking at a chart from 1968? We are already at 100 million bbls per day or more than 1,000 bbls ever second!
  11. Just want to add, of course you need a power source, but you add a small power pack so the camera keeps working for 8 hours after a power cut. Also you get a 256 Gb microSD card, which will give you months of recording. You can of course see it all on your smart phone, even if your are half way around the world. In your case, get one camera, play around with it, check night vision and then order the other 3. https://s.lazada.co.th/s.iTuH5
  12. EZVIZ C3X https://s.lazada.co.th/s.iThhL
  13. We have exactly zero years experience with cashless, as both cash end electronic payments both worked in parallel. With Starbucks going 100% cashless in Thailand ????????, they are no-go for me as I don't want to track small payments on credit cards.
  14. Russian Air Force IL-96-300 RA-96018 inbound Phuket.
  15. It is not only in Thailand, but also in Egypt, Lebanon and Serbian.
  16. SuperRich is selling Danish kroner for 4.50.
  17. Hang on, what kind of plastic kingdom doesn't have the monarch printed on the face of their currency notes? Denmark have bridges and some old relics.
  18. Denmark got new notes in 1997 and then again in 2009. They are due for new notes very soon. The Queen is 82 years old, how healthy is she?
  19. Not really, we have just been living in a zero interest rate environment for so long that we have all but forgotten about interest rate on a saving account. Back it the days, it was not uncommon to get 7-10% interest rate on a simple bank account.
  20. The cost of cash is inflation, but that is just an an annual cost, not a per transaction cost. No-one ever says it out loud, but inflation is a tax on everyone, that nobody has to vote on. Within reason and as long as there is financial stability, politicians love inflation.
  21. OK. This amount varies, but typical merchant fees fall between 2.5 percent and 3.5 percent. Other merchant fees that may apply can include non-swiped transaction fees (when a credit card isn’t present and the number is keyed in), voice authorization fees, check fees, paper statement fees and more. https://www.bankrate.com/finance/credit-cards/why-american-express-isnt-universally-accepted/#:~:text=This amount varies%2C but typical,paper statement fees and more.
  22. Why should we pay cash everywhere with banknotes instead of a card? - If I have a $50 banknote in my pocket, go to a restaurant and pay for dinner with it. Then the restaurant owner uses the same bill to pay for the laundry. The laundry owner then uses the bill to pay the barber. The barber then uses the bill for shopping and so on. After an unlimited number of payments, it will still remain a $50 note! It has fulfilled its purpose for everyone who used it for payment. The bank ran dry from every cash payment made with this $50 note. - But if I go to the same restaurant and pay digitally (by card), the bank fee for my payment transaction is 3%, around $1.50. Then another $1.50 for the laundry owner and the barber and so on. After 30 transactions, the initial $50 will only be $5. The remaining $45 becomes the property of the bank...thanks to digital transactions and fees. Bottom line - USE CASH! Let's keep our hard-earned money to ourselves instead of giving it to the banks.
  23. Meanwhile at a bungalow somewhere in Thailand...
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