I find it kinda odd how this sounds like oil reserves running out will be really bad at some point. Yet also how absolutely nothing is being done to slow down usage. They are not even asking people to stop non essential journeys or to work from home where possible.
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So what is trump doing with the billions of barrels of oil he's stealing from Venezuela a week? Where is all that oil going?
Powering AI Datacenters probably
E: oh been on lemmy 3 years now, happy fuck spez day to me!
VIGIL: If you take a step back and look at the global oil picture, what Venezuela is producing, which is just over a million barrels per day, is a very small amount of the global oil demand. So it's about 1%, even though for Venezuela, it is a lot. Like you mentioned earlier, it's a seven-year high. But because it is such a small amount, it's not going to meaningfully change the shortages because of the war in Iran.
I don't know exactly how much oil per day the Iran War has prevented, but it seems like Venezuela can't cover all the losses. The NPR article says most of their oil is going to the US and India if you're still curious about that.
In 1912, Tom Slick (his real name) was passing through what’s now Drumright, Oklahoma, when he smelled oil. He bought the land for $1 an acre and started digging, uncovering what was then Oklahoma’s biggest oil well.
It sounds implausible, but there really are stories like that everywhere out here in the west. You can’t make this shit up.
Yeah. After the middle of July the other shoe is going to drop. Meanwhile all the sock puppet trump supporters and troll farm accounts are jumping up and down about how much the per barrel cost of oil has dropped, nevermind that it’s still higher than it was before trump started his war.
As global commercial and strategic oil reserves continue to be depleted—and the Strait of Hormuz in the Middle East remains effectively closed—the fear is it’s just a matter of time before resilient energy markets finally begin to “panic” and fuel prices soar more uncontrollably, whether that’s in July or August, said Patrick De Haan, head of petroleum analysis at GasBuddy.
But we sure can't have solar or offsore wind or anything else to help produce energy because fuck everyone except th fucking oligarchs.
Oh we're definitely getting solar. Even with all the red tape around its installation and tax money spent oil subsidies, it's getting to be so cheap that few of the roadblocks matter. There is very little even the oligarchs can do at this point to stop it's adoption.
Can't wait to see what will happen when oil runs out and there's been no preparation.
Can we just fucking collapse already this doom is ever imminent thing is too much for me.
funny enough, this hand-grenade to the world petroleum foundation may be the thing society needs to realize IT'S FUCKING TIME TO FIGURE OUT GRID SCALE 100% WIND, SOLAR AND BATTERIES on a scale that even China didn't anticipate.
Accelerationists are starting to realize that maybe "blow it all up and start over" isn't as simple as they make it out to be.
If only there were people around to tell them that before saying and doing stupid shit.... Oh wait.
There will never be an apocalyptic collapse that Judeo-Christian societies are prone to envision. Life just doesn't want that way...
Would have never believed that those tanks are open and not enclosed.
They're closed. The lid moves up and down to deal with changes in pressure as tanks are filled or emptied, without having to add air into the mix.
fitting name, cushing is name of a disease as well.


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