Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

MAP Update 2020, seeing perfectly now

General discussions of the systemic, societal and civilisational effects of depletion.

Re: MAP Update 2020, seeing perfectly now

Unread postby asg70 » Thu 16 Jan 2020, 11:43:21

Baduila wrote:About three months remain until the three price lines clash.


And is that some sort of Nibiru Mayan Calendar end-times prediction?

Would you like to wind up in my sig line after 3 months go by and BAU is still continuing apace?

BOLD PREDICTIONS
-Billions are on the verge of starvation as the lockdown continues. (yoshua, 5/20/20)

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
asg70
Light Sweet Crude
Light Sweet Crude
 
Posts: 4070
Joined: Sun 05 Feb 2017, 14:17:28

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Sat 18 Jan 2020, 13:12:17

And is that some sort of Nibiru Mayan Calendar end-times prediction?


It is very doubtful that the Mayans were predicting the price of oil? They hadn't yet even discover the still. They couldn't even make moon shine. Can you dig a little deeper into that Nibiru Mayan stuff, and tells us if they predicted who is going to win the next election. This could be a cornucopia of new knowledge. Thanks for sharing, we are so impressed! Did the Mayans have trouble with idiots?
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby vtsnowedin » Sat 18 Jan 2020, 13:39:25

shortonoil wrote: Did the Mayans have trouble with idiots?
Well they did not have you to contend with So!.....
User avatar
vtsnowedin
Fission
Fission
 
Posts: 11267
Joined: Fri 11 Jul 2008, 03:00:00

Re: MAP Update 2020, seeing perfectly now

Unread postby rockdoc123 » Sat 18 Jan 2020, 15:04:04

If they did their solution would assuredly be moving him up on the list of sacrifice candidates. They had a host of inventive means for this, decapitation, cutting out the heart while it was beating, drowning in a cenote after plunging the 100 foot drop etc. :wink:
User avatar
rockdoc123
Expert
Expert
 
Posts: 7677
Joined: Mon 16 May 2005, 03:00:00

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Mon 20 Jan 2020, 11:02:54

Well they did not have you to contend with So!


So! You believe the Mayans were predicting the price of oil? With your track record you could work for Boeing, and Tesla, along with being a big supporter of the Shale patch. It appears that it is getting harder and harder for the cornucopias to deflect reality. Their Pollyanna effervescence is boiling off into a haze of depleted hypocrisy. The BAU mentality is no longer even being used by the Court Jester.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby vtsnowedin » Mon 20 Jan 2020, 12:08:51

I don't know what track record of mine you refer to as I'm not in the habit of making predictions or betting on them. If I was still in the job market I do think I would have a much better chance of landing a position at Boeing or Tesla then you do unless you limit yourself to janitor positions.
User avatar
vtsnowedin
Fission
Fission
 
Posts: 11267
Joined: Fri 11 Jul 2008, 03:00:00

Re: MAP Update 2020, seeing perfectly now

Unread postby Yoshua » Thu 23 Jan 2020, 04:21:28

The WTI is about to bounce off the MA 200?

There's much room left to the upside as the falling line of resistance keeps falling lower and lower.

https://pbs.twimg.com/media/EO67qeWXsAE ... name=large
Yoshua
Heavy Crude
Heavy Crude
 
Posts: 1961
Joined: Sat 28 May 2016, 06:45:42

Re: MAP Update 2020, seeing perfectly now

Unread postby asg70 » Thu 23 Jan 2020, 12:24:06

Yoshua wrote:The WTI is about to bounce off the MA 200?

There's much room left to the upside as the falling line of resistance keeps falling lower and lower.

https://pbs.twimg.com/media/EO67qeWXsAE ... name=large


And that's significant...how?

It's not like that pattern hasn't happened before.

BOLD PREDICTIONS
-Billions are on the verge of starvation as the lockdown continues. (yoshua, 5/20/20)

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
asg70
Light Sweet Crude
Light Sweet Crude
 
Posts: 4070
Joined: Sun 05 Feb 2017, 14:17:28

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Thu 23 Jan 2020, 13:09:31

HALL OF SHAME:
-Short welched on a bet and should be shunned


Straight from: The HALL of Intellectual MIDGETS

Still working on your IQ test that can't produce negative results?

Welch - slang for Welsh - "A Celtic language spoken in Wales".
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Thu 23 Jan 2020, 13:22:03

There's much room left to the upside as the falling line of resistance keeps falling lower and lower.


2019 was the fifth year that US corporations showed no profit increase. It is hard to get an increase in price when no one is making any money. 40% of US companies are operating at a loss.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby BahamasEd » Thu 23 Jan 2020, 19:26:15

The WTI is about to bounce off the MA 200?


I don't know if it's going to bounce this time, what with the Corona beer-flu problem it's looking like a lot of people may not be traveling, so less fuel used equal a lower price generally.

And I still have the WTI price at about $30 over the Etp MAP so there's room for a drop
The total energy cost of producing and delivering a gallon of gasoline to the end consumer must be less than the energy in a gallon of gasoline for it to be commercially viable.
BahamasEd
Lignite
Lignite
 
Posts: 279
Joined: Sun 17 Jul 2016, 20:44:57

Re: MAP Update 2020, seeing perfectly now

Unread postby Outcast_Searcher » Fri 24 Jan 2020, 04:22:04

shortonoil wrote:
HALL OF SHAME:
-Short welched on a bet and should be shunned


Straight from: The HALL of Intellectual MIDGETS

Still working on your IQ test that can't produce negative results?

Welch - slang for Welsh - "A Celtic language spoken in Wales".

Or, the truth hurts for welchers. But nice try jingling keys. Or you could try shouting "squirrel!", but the facts remain the same re you making the bet and not paying and repeatedly denying doing so. With the same lack of credibility as your other FUD around here, BTW.

https://www.merriam-webster.com/dictionary/welch

Merriam Webster shows two key definitions that apply:

1 informal, now sometimes offensive : to avoid payment —used with on
2 informal, now sometimes offensive : to break one's word : RENEGE

Break one's word re lying about it and RENEGE, re not paying sum it up rather well.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
User avatar
Outcast_Searcher
COB
COB
 
Posts: 8585
Joined: Sat 27 Jun 2009, 21:26:42

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Fri 24 Jan 2020, 09:25:10

"China built a lab to study SARS and Ebola in Wuhan - and US biosafety experts warned in 2017 that a virus could 'escape' the facility"

Who estimated that SARS had a 15% mortality rate...and a 50% mortality rate among people over 60 years of age.

China has an ageing population after the one child policy. This could be the best way to cut down expenses on pensions.


China lost a few bugs from its Bio Level 4 lab. It was built to typical Chinese specifications: where the contractors steal 1/3 of the concrete, half the re-rod, the door seals and light bulbs. We can only wonder which US or UK pharm sold them the pathogens.

But never let a good crisis go to waste! China now has $40 trillion in debt, its auto industry is collapsing, and half of its steel industry has already shut down. Put up some photos of Chinese coolies spaying the streets, and everyone (except for the people on the sides of the photos) wearing nice new 3M paint spraying masks, and the CCP can say the "bugs" got us.

With a contagion, and fatality rate about the same as the common cold the Western Media hype machine goes into full retard to support their brothers in arms at the CCP. In the mean time the oil age is ending, and world debt is on a fast track to the moon. Along with a Presidential Impeachment, that no one is talking about anymore, the proles are well distracted. Cog and company can pick up a few pointers from all of this.

Image
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby marmico » Fri 24 Jan 2020, 14:07:01

In the mean time the oil age is ending, and world debt is on a fast track to the moon.


For the umpteenth +2 times, fix your debt chart you innumerate bozo.

In the meantime, another week, same BAU.

The FED drained $27 billion of repo liquidity.

Image
marmico
Heavy Crude
Heavy Crude
 
Posts: 1112
Joined: Mon 28 Jul 2014, 14:46:35

Re: MAP Update 2020, seeing perfectly now

Unread postby Yoshua » Mon 27 Jan 2020, 07:20:56

The WTI USD 52 is right on the support line from the lows in 2016 and 2018 (the line is not shown on this graph).

It will bounce from here. The end is not nigh.

https://pbs.twimg.com/media/EPPpWILWAAY ... name=large
Yoshua
Heavy Crude
Heavy Crude
 
Posts: 1961
Joined: Sat 28 May 2016, 06:45:42

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Mon 27 Jan 2020, 10:47:27

Merriam Webster shows two key definitions that apply:


It has three, and the last one fits you perfectly; an apprentice to a grave robber.

Definition of Welch (Entry 3 of 3)
William Henry 1850–1934 American pathologist
https://www.merriam-webster.com/dictionary/welch

I don't know if it's going to bounce this time, what with the Corona beer-flu problem it's looking like a lot of people may not be traveling, so less fuel used equal a lower price generally.

And I still have the WTI price at about $30 over the Etp MAP so there's room for a drop


Someone might eventually notice that China's flu epidemic actually started in early December! They lied, well, who could have guessed? This thing is spreading as fast as molasses in January. But Xi is personally going to Wuhan to wipe some runny noses. The CCP will now save China, and the great Chinese debt machine will live another day; then again maybe it won't? That uncertainty is what is upsetting the Market.

Oil is over priced by about $30, that is, if the central banks were actually disturbing a real currency. True price discovery becomes a little problematic when it is calculated in Monopoly Money. Get Out of Jail Free Cards have gotten heavily inflated in the age of the New Economic Miracle. When oil crashes back to the MAF curve that will be the sign that the CB will have lost all control. Real money will have won the contest of fiction vs fact, and $340 trillion in debt will be looking for a payee. The crash will be a lot louder than the sneezes of a few Chinamen with a bad head cold.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby asg70 » Mon 27 Jan 2020, 12:44:04

Yoshua wrote:The end is not nigh.


Finally some common-sense.

BOLD PREDICTIONS
-Billions are on the verge of starvation as the lockdown continues. (yoshua, 5/20/20)

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
asg70
Light Sweet Crude
Light Sweet Crude
 
Posts: 4070
Joined: Sun 05 Feb 2017, 14:17:28

Re: MAP Update 2020, seeing perfectly now

Unread postby shortonoil » Mon 27 Jan 2020, 15:54:34

Finally some common-sense.


That is very reassuring considering it is coming from a flapping mouth powered by an empty head.

The end is not nigh.


Well, not from a coronovirus. The coronoviruses SARS and MERS each killed 700 to 800 people world wide over their two year infectious periods. That is about the same number of people who die in the US in auto accidents every week. Coronovirus are very common and most people contract one sometime during their life. They cause upper respiratory irritation, and in extreme cases can result in pneumonia. They are particularly harmful to the very old with secondary complications. The very frail, and very old constitute most of the deaths associated with these viruses

They can be carried by animals, including bats, cats, and camels. Definitely make sure that your cat, bat, or camel stew is well cooked (ha). The alarm about his particular strain is that very little is know about it! The Chinese, as usual, aren't sharing information about it Most of what Western doctors are saying is coming from their experience with SARS and MERS. This particular strain is a black box, and it won't be until the disease has progressed in the West, and can be evaluated will its true impact be fully known. That is probably why the WHO is not ringing alarm bells about this disease. What we do know about it is that it is contactable from direct human to human contact in some situations, and most people show mild, or no symptoms if they do contract it. Incubation time runs 2 to 14 days.

see the CDC web page for more information

The market's response to this infection is a little puzzling? It may have repercussions in parts of China, but its impact on the global economy will most likely be extremely small. The Market must be viewing the over leveraged, over indebted, pumped up economy like a locomotive that is balanced on a cliff edge. The first horse fly landing on it could send it over the edge. Its negative reaction is telling us that the market is not very confident in the sustainability of the present economic situation. Considering that's a no brainier, it is not surprising. They are going to bolt, and run at the first sign of danger. The house of cards is waiting for the first little breeze to bring it all down. The hot air now blowing out of China will be an excellent test.
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7130
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA

Re: MAP Update 2020, seeing perfectly now

Unread postby EdwinSm » Tue 28 Jan 2020, 04:21:31

shortonoil wrote:The market's response to this infection is a little puzzling? It may have repercussions in parts of China, but its impact on the global economy will most likely be extremely small.


Some areas it is going to hit quite hard. Its not my corner of the country, but in Finland there have been significant cancellations of Chinese coming to Lapland for holidays and the news is that there is a ban coming on all tour groups from China (imposed by China itself). So that area, which depends of tourism, will be hard hit. Where I live is unlikely to be hard hit, as although it is a holiday area most people are coming to their summer cottages and so are not from China.

In the long term if this disrupts a lot of Chinese factories then our supply of cheap goods will shrink (until factories come back into working state or new suppliers are found). This could have a lot of impact on big firms that depend on supply lines from China. But this will work out in slow motion, at least until (if?) this virus breaks containment controls in places near where we live. What I am not sure is the overall impact on inflation. Will the likely rise in prices due to reduced supply will counteract the recent fall in oil prices?

BUT you are seeing falling oil prices now.
EdwinSm
Tar Sands
Tar Sands
 
Posts: 601
Joined: Thu 07 Jun 2012, 04:23:59

Re: MAP Update 2020, seeing perfectly now

Unread postby tita » Tue 28 Jan 2020, 06:57:55

BahamasEd wrote:
The WTI is about to bounce off the MA 200?


I don't know if it's going to bounce this time, what with the Corona beer-flu problem it's looking like a lot of people may not be traveling, so less fuel used equal a lower price generally.

And I still have the WTI price at about $30 over the Etp MAP so there's room for a drop

The ETP MAP couldn't predict any oil price movement over the past 5 years.

Get used to it, and move on.
User avatar
tita
Coal
Coal
 
Posts: 413
Joined: Fri 10 Jun 2005, 03:00:00

PreviousNext

Return to Peak Oil Discussion

Who is online

Users browsing this forum: No registered users and 40 guests