Recent comments by energyecon

Statistical ignorance is a sadly common characteristic.

Interesting course along the way spent a day reading aloud the unattributed thoughts of physicists and philosophers... much fun trying to guess which was which.

Giving a whole new meaning to 'OT'...

No, but I think there is an opportunity for a 30-50 year season pass coming up.
Icelandic volcano erupts: Holiday travel chaos ahead? -
Holuhraun eruption - fresh video | RÚV

Akira Katla is coming...

Congressman suggests moat around White House - MarketWatch

But RIF was there before feudal was cool!

It appears to blogging too much on hcn causes you to lose your mind.

More like an entry requirement.

.... you haven't met my wife.

New Keyboard :shoes:

Farming requires constant inputs

Entire crops were lost!

Matrix 1.0 failed, if I recall correctly.

Entire crops were lost!

Entropy always wins.

Sancho, my armor!

Yours for only $749 a month!

Ten easy payments!


Ought to give "See Paris and die" a run for its money.

As telling are the reduced supply projections each year and the increase in real prices... it is almost as if prices and diminishing returns on investment were some kind of signal of scarcity... (though that is a nominal increase in investment, and the costs for oil field developments far outpaced overall inflation in that period)

... coincidentally, I happen to be sitting next to my 95 year old father in law

Good on you sum - I have the pleasure of my 86 y/o MIL as integral to our household - fortunate to work in an industry that allows me to support three generations.

If you only knew what was in that taco you just ate... 

The Dunning–Kruger effect is a cognitive bias whereby unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude.

More oil needed from 'friendly neighbor' Canada, TransCanada says -

It's been more than six years since Girling's company submitted an application to build the pipeline across the U.S.-Canadian border. In a statement Tuesday, Girling said it was disappointing that the equivalent of eight Keystone XL pipelines have been built in the United States since then.

"And yet our project sits idle, all while the U.S. continues to import 7 million barrels of oil from unstable countries that do not share American values," he said. "It makes no sense to receive oil from the Middle East and Venezuela and not from a friendly neighbor in Canada."

Cuban Doctors Flee Venezuela With The Help Of U.S. Parole Program

The U.S. has been a prime destination of Cuban defectors in the health care sector, with the help of the little-known Cuban Medical Professional Parole Program, launched by executive order under President George W. Bush in 2006. According to the U.S. Citizenship and Immigration Services agency, the number of medical workers from Cuba who have come to the U.S. under that program quadrupled in the last four years, aided heavily in the last year by defectors from Venezuela.

Did you listen to the 911 call? "At least she is seeking help, it could be worse."

I don't see the empty vodka bottles.

Yeah, but how old am I? Sometimes a cigar is just a cigar

Small business owners are the largest group of tax cheats in the USA or Greece.

... like me

Also self-employed then

All I said was that you two are self-employed.

those people

You did notice that Belmont was wearing 25 pieces of flair...

Belmont is Brian!

YouTube - joanna quits

We used to use the Dr. Strangelove analogy here too... I'm not sure it would still be funny by this point.

Mr. President, we cannot allow a leverage gap!

YouTube - Dr. Strangelove: Major Kong Rides The Bomb 1080p 

Heart Attack Grill's 'spokesman' dies of heart attack | Fox News

Walking your talk!

Every single item listed blunts the 'positive' for consumer spending attributed to il price declines - so what is it gonna be, electric taxis for the urban cohorts in which case the price of oil/gasoline is meaningless or is Santa coming to town?

protip: The center of gravity is not US demand anymore, and has not been for years
Weekly U.S. Exports of Crude Oil and Petroleum Products (Thousand Barrels per Day)

Structural changes in supply not well appreciated:

Over the past eight weeks through the first week of November, US output has dropped by 0.4mbd to 9.0mbd.

Thanks sum - this is what people will be surprised by:

Over the past eight weeks through the first week of November, US output has dropped by 0.4mbd to 9.0mbd.

Yukon Cornelius!

True story: worked as a geotech with geologist prepping, photographing, and logging core for what is now the Ft. Knox gold mine up in Alaska. One geo would toss his rock hammer spinning up in the air, and it would land pick down into the core - he'd pull it out and give it a taste ala Yukon Cornelius and pronounce "Nuthin!"

Keystone means chance to cancel Northern Gateway.
Tankers in BC interior sounds is a disaster waiting to happen.

First Nations will go to the mat to stop an oil line, they might let a gas line get built

I like the Lewis Black take... Red Team is the party of bad ideas... Blue Team is the party of no ideas

Welcome To The NEW Era Of Cheap Oil - Business Insider

EIA Real Oil Prices

Set the graph to imported oil, monthly prices and slide the time bar at the bottom all the way to the left...

Posers. Of course, I was non conforming way before it went mainstream! They only call it a class war when we fight back

YouTube - Portlandia - OVER