asg70 wrote:Baduila wrote:Did your realize that the WTI price curve is a fact ? A pure, hard fact ?
The maxima are a hard facts too, total independent of interpretations.
As well as the line connecting them.
Could someone repost the classic ETP chart that says where oil price was supposed to be compared to what it currently is?
Last I checked, ETP decoupled with oil prices what, over a year ago (hence Short's failed bet) and has yet to fall back in sync.
There is a final moment of truth where the ETP chart projects oil is worthless ($0) and that is the final date of doomsday. Isn't that like 2022 or something? So not THAT far away.
asg70 wrote:And even after that, I'm sure you can fabricate some conspiracy theory to explain oil's inability to drop to nothing.
That's the nature of the human mind, always able to rationalize to hold onto a narrative you desperately want to be true even when the data says otherwise.
Did your realize that the WTI price curve is a fact ? A pure, hard fact ?
The maxima are a hard facts too, total independent of interpretations.
As well as the line connecting them.
shortonoil wrote:What is so hilariously funny is that these idiots do not even realize that what is referred to as the MAP, has absolutely nothing to do with the Etp Model...Projection of any asset value in a completely, synthetic central bank controlled environment is an excise in futility
shortonoil wrote:Did your realize that the WTI price curve is a fact ? A pure, hard fact ?
The maxima are a hard facts too, total independent of interpretations.
As well as the line connecting them.
What is so hilariously funny is that these idiots do not even realize that what is referred to as the MAP, has absolutely nothing to do with the Etp Model. The MAP is referring to an economic determination from the application of technical analysis, while the Etp Model is the equation used by a thermodynamic analysis of state. The MAP was apparently constructed from the MAF (Maximum Affordability Function) which states that the energy delivered from a unit of petroleum has a finite, and maximum economic value. These idiots with their twisted little mini brains somehow manged to confuse them? They probably believe that horse shoes, horse manure, and horses are the same thing?
The MAP is clearly derived from your ETP nonsense AND is given in your failed ETP paper, so you claiming it has "nothing to do" with the ETP model shows your usual absolute cluelessness re reality.
The Etp model isn't an analysis of anything, its own author apparently making sure no one can find it anymore, the laughter must have achieved quite a crescendo in my absence.
Could someone repost the classic ETP chart that says where oil price was supposed to be compared to what it currently is?
shortonoil wrote:This bird's mother tried to dry it off in the microwave as a baby. It fried its brain. Considering its linage it probably didn't have much to work with from the start. It still just mumbles along repeating itself constantly. As someone's pet orangutan it might be quit the success at parties.
shortonoil wrote:No! There never was an Etp chart that projected oil prices.
shortonoil wrote:It no longer works because money is no longer representative of goods and services produced.
shortonoil wrote:The MAP is clearly derived from your ETP nonsense AND is given in your failed ETP paper, so you claiming it has "nothing to do" with the ETP model shows your usual absolute cluelessness re reality.
So you "are" a complete total idiot that can not differentiate between an economic analysis, and a thermodynamic one.
Can we please have a reference to the published paper on either?
Baduila wrote:@AdamCan we please have a reference to the published paper on either?
You have been attacking the ETP model for several years. So i assume, you have both documents available ?
Baduila aka Short Sockpuppet wrote:1. The Hills Group study
2. Moran/Shapiros "Fundamentals of Engineering Thermodynamics"
On the first ten pages of the study, how often is the Dollar mentioned ? How often is entropy mentioned ?
If position, reputation and earnings of the peer-reviewers can get endangered by a yes or no to the publication, how will they decide ?
Baduila wrote:In a distorted way, you have recognized why no peer-reviewed publication of ETP exists:
Baduila wrote:If position, reputation and earnings of the peer-reviewers can get endangered by a yes or no to the publication, how will they decide ?
In a distorted way, you have recognized why no peer-reviewed publication of ETP exists:
shortonoil wrote:In a distorted way, you have recognized why no peer-reviewed publication of ETP exists:
The Etp Model is an engineering report.
shortonoil wrote: Engineering reports are NOT peer reviewed.
shortonoil wrote:There is no new science embedded in an engineering report, they are just practicable applications of existing established knowledge.
shortonoil wrote:They are either used by other engineers, or they aren't.
shortonoil wrote:Engineers do not use the same methodology that is used by scientists.
shortonoil wrote:If we did humanity would still be trying to figure out how to climb down out of its tree. Engineers figure out how to make things work; scientists try to figure out the laws of nature to explain why they do.
shortonoil wrote: Science tells us that F = ma, engineers then take that knowledge, and build every thing that moves. Scientists, and everyone else then ride around in what we built.
shortonoil wrote:Engineers are interested in what works; "if it ain't broke, don't fix it". The Etp Model ain't broke. It is still giving good approximations for an observable, measurable phenomenon. The depletion of petroleum.
The Etp Model ain't broke. It is still giving good approximations for an observable, measurable phenomenon.
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