$5.00 per gallon gas

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  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 30219

    #466
    Re: $5.00 per gallon gas

    and the Jets would have been Superbowl Champs it they only acted earlier.

    Comment

    • bsm2
      IT Manager

      25,000+ Posts
      • Feb 2008
      • 30219

      #467
      Re: $5.00 per gallon gas

      What a Surprise Gov Dipstick

      Ron DeSantis proposed delaying a tax break for Florida drivers until it was most helpful to his re-election campaign
      Floridians are being forced to wait six months before they get a break on gas taxes. Records show Ron DeSantis suggested the idea.

      Comment

      • Copier Addict
        Aging Tech

        Site Contributor
        10,000+ Posts
        • Jul 2013
        • 14728

        #468
        Re: $5.00 per gallon gas

        You really have to make up your mind there Slimjim. Is it the "Feds" fault or Biden's fault. Next it will be the toll booth attendant's fault because he didn't raise the barrier soon enough. Lol

        Comment

        • slimslob
          Retired

          Site Contributor
          25,000+ Posts
          • May 2013
          • 37490

          #469
          Re: $5.00 per gallon gas

          Bank of America Warns of Future Inflation Shocks, Declares ‘Technical Recession’ - Truth Press

          Comment

          • copiertec
            Service Manager

            Site Contributor
            1,000+ Posts
            • Jan 2016
            • 2206

            #470
            Re: $5.00 per gallon gas

            Comment

            • bsm2
              IT Manager

              25,000+ Posts
              • Feb 2008
              • 30219

              #471
              Re: $5.00 per gallon gas

              BYD: Electrification Is Accelerating Much Faster Than We Thought
              The company is selling 100,000+ plug-in cars per month and soon is expected to launch the BYD Seal model

              Comment

              • SalesServiceGuy
                Field Supervisor

                Site Contributor
                5,000+ Posts
                • Dec 2009
                • 8197

                #472
                Re: $5.00 per gallon gas

                Wind and solar power are ‘bailing out’ Texas amid record heat and energy demand


                Texans are cranking on the air conditioning this week amid an unusually early heat wave, setting new records for electricity demand in the state, which surpassed 75 gigawatts on Sunday and smashed the 2019 record. Texas grid operator ERCOT projects it could approach that peak again on Tuesday.

                But unlike previous extreme weather events in Texas which led to deadly blackouts, the grid is holding up remarkably well this week. Several experts say that it’s owed in large part to strong performances from wind and solar, which generated 27 gigawatts of electricity during Sunday’s peak demand – close to 40% of the total needed.

                “Texas is, by rhetoric, anti-renewables. But frankly, renewables are bailing us out,” said Michael Webber, an energy expert and professor at the University of Texas at Austin. “They’re rocking. That really spares us a lot of heartache and a lot of money.”

                Despite the Texas Republican rhetoric that wind and solar are unreliable, Texas has a massive and growing fleet of renewables. Zero-carbon electricity sources (wind, solar, and nuclear) powered about 38% of the state’s power in 2021, rivaling natural gas at 42%.

                This is a relatively recent phenomenon for the state.

                “Wind and solar would not have been available in years in the past, so the growing capacity helps to alleviate reliance on natural gas and coal,” said Jonathan DeVilbiss, operations research analyst at the US Energy Information Administration.

                Not only have renewables helped keep the power on during a scorching and early heatwave, they have also helped keep costs low. Prices for natural gas and coal are high amid a worldwide energy crunch, but renewables – powered by the wind and sun – have no fuel cost.

                “Because the price of wind and sunlight hasn’t doubled in the past year like other resources, they are acting as a hedge against high fuel prices,” said Josh Marks, an energy researcher at UT Austin.

                Peak demand during peak heat


                Texas and other states have been sweltering in triple-digit temperatures and dangerous heat indices. Texas state climatologist John Nielsen-Gammon said that San Antonio has been a particular hot spot; it recently hit 102.5 degrees Fahrenheit, setting a new pre-July record.

                Texas is used to heat, but this year they’re “getting August weather in May and June,” said Webber.

                Experts said the Texas grid was built to withstand extreme heat moreso than the extreme cold brought by the deadly 2021 winter storm. But with the state now experiencing August-like temperatures in early June many questioned whether the Texas grid could withstand the longer, hotter summers fueled by climate change.

                “As opposed to a winter storm, we were built for three months of 90-plus [degrees],” said Caitlin Smith, head of regulatory policy and communications at Texas-based battery storage company Jupiter Power. “Were we built for 4 months of 100-plus [degrees]? There’s some uncertainty there.”
                If the early spikes in temperature persist this year, it could stress out the grid and power plants, Smith and Marks warned. As well as the grid is working right now, that could change if this summer continues to bring unrelenting heat.

                “It’s like the human body; heat stress is cumulative,” Marks said. “The body has no time to recover. Power plants are like that as well, they need some time to recover.”

                Marks added that renewables have been a big help during this early surge by taking strain off the traditional thermal power plants that use coal and natural gas to keep the lights on.

                Human-caused climate change is linked to rising global temperatures and extreme heat. And while it’s too early to tell exactly how much climate change is to blame for the current heat wave, it’s safe to assume it is a factor, said Andy Dessler who directs the Texas Center for Climate Studies at Texas A&M University.

                “It’s 100% certain that climate change is contributing to this,” said Dessler. “Everything’s getting hotter. August is getting hotter; June is getting hotter. It is hot and this is the future.”

                Overcrowded transmission lines

                Even though Texas is an oil and gas giant, renewables – and particularly, wind – have long been thriving there. Texas generates the most wind energy in the country: In 2020, it produced more wind electricity than Iowa, Kansas, and Oklahoma — the next three highest states — combined, according to the US Energy Information Administration.

                Solar has been a smaller portion of the state’s energy mix than wind, but it is growing as well. Solar generated about 4% of electricity in Texas last summer, and is expected to grow to 7.2% this summer, EIA projections show.

                Building out more solar will be important to deal with heat waves in the depths of summer, when wind speeds tend to drop. That’s because if it’s really hot out, there’s a good chance the sun is beating down.

                But Marks and Webber pointed to infrastructure issues limiting the potential of renewables; Texas needs more transmission lines to carry energy generated by renewables to customers. Marks pointed to ERCOT projects showing higher solar numbers than what was actually being used; a casualty of over-crowded power lines that can’t let the power through to consumers.

                “About half of the solar that could be produced is not being produced right now because there’s no more room on the lines,” Marks said. “The numbers for renewables would probably be higher if we had the transmission capacity to move them around.”

                Wind and solar have natural variability as well; solar can’t generate energy during nighttime, and wind turbines don’t turn when the wind isn’t blowing. That is spurring a big focus on developing more massive batteries that can store and deploy renewable energy when the wind isn’t blowing, and the sun isn’t shining.

                “It does keep growth of renewables strong; it allows you to firm up that renewable capacity,” Smith said.

                Comment

                • slimslob
                  Retired

                  Site Contributor
                  25,000+ Posts
                  • May 2013
                  • 37490

                  #473
                  Re: $5.00 per gallon gas

                  Wholesale prices rose 10.8% in May, near a record annual pace

                  Comment

                  • slimslob
                    Retired

                    Site Contributor
                    25,000+ Posts
                    • May 2013
                    • 37490

                    #474
                    Re: $5.00 per gallon gas

                    'Big Oil' Responds to Biden's Threats: Here's 10 Things You Can Do to Ease Gas Prices - Truth Press

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                    • Copier Addict
                      Aging Tech

                      Site Contributor
                      10,000+ Posts
                      • Jul 2013
                      • 14728

                      #475
                      Re: $5.00 per gallon gas

                      Big corporations making big bucks is what you like, Slimjim. You must absolutely LOVE the high gas prices.

                      Comment

                      • BBM
                        Senior Tech

                        500+ Posts
                        • Dec 2020
                        • 896

                        #476
                        Re: $5.00 per gallon gas

                        What is acceptable profit to you ? Do you know who owns the oil companies ? yes the 401k the stocks , average people . One thing for sure is when you pull in to get gas it is there for you . This could have been and still can be taken care of if this administration would lead and stop making excuses . When solar and wind runs into problems who will the dems blame ? God

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                        • Hansen88
                          Service Manager

                          Site Contributor
                          1,000+ Posts
                          • Dec 2009
                          • 1066

                          #477
                          Re: $5.00 per gallon gas

                          Originally posted by copier addict
                          You really have to make up your mind there Slimjim. Is it the "Feds" fault or Biden's fault. Next it will be the toll booth attendant's fault because he didn't raise the barrier soon enough. Lol
                          Well everytime biden is asked about it he says I trust the Fed. Well the fed said they fucked up,so its both their faults.

                          Comment

                          • SalesServiceGuy
                            Field Supervisor

                            Site Contributor
                            5,000+ Posts
                            • Dec 2009
                            • 8197

                            #478
                            Re: $5.00 per gallon gas

                            Originally posted by bsm2
                            [ATTACH=CONFIG]53517[/ATTACH]
                            ... as of this AM, I pay the equivalent of $8.13 US/gallon.

                            The war in Ukraine has caused gasoline prices at the pump to rise an extra $1.00 per gallon. This is because Russia, the world's 3rd largest producer of oil, is no longer permitted to supply their oil to western democracies.

                            Comment

                            • Boogotshot
                              Technician

                              50+ Posts
                              • Jul 2007
                              • 61

                              #479
                              Re: $5.00 per gallon gas

                              $6.50 a gallon this morning in California
                              sigpic No! we never do that with the copier.

                              Comment

                              • slimslob
                                Retired

                                Site Contributor
                                25,000+ Posts
                                • May 2013
                                • 37490

                                #480
                                Re: $5.00 per gallon gas

                                Originally posted by copier addict
                                You really have to make up your mind there Slimjim. Is it the "Feds" fault or Biden's fault. Next it will be the toll booth attendant's fault because he didn't raise the barrier soon enough. Lol
                                Apparently copier idiot does not understand the Federal Reserve System and its affect on the stock market. The 75 point increase in the Fed rate was too much and tar too late. They should have raised it by no more than 25 points in February 2021 to slow down an over heated market. But then the news would not have been able to use the stock market as good news for Biden.

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