A person, not a machine. Seems I hit a nerve with you not seeing in bold, italicized and underlined the key word (this time in red) .... "we will never have FSD only in THIS country." For those who want that warm, fuzzy{mind} feeling. Fine. The rest of us will still use our brain for more than as a shock absorber for our outer skull. Woody Allen saw the future in his classic comedy Sleeper, where robots will do everything for us. He and his co-star/former real life girlfriend Diane Keaton started a rebellion. Truth is stranger than fiction for sure.
(Bloomberg) this morning and obviously they are not rightwingnuts loons when it comes to climate change kinda stuff but I note what Joe Weisenthal sez below which is exactly what I think as well and BTW not just in this country. And finally, here's what Joe’s interested in this morning Good morning. The price of a barrel of West Texas Intermediate crude is falling again today, and at least as of the time I'm typing this it's right around $77. Just a month ago, it was above $85. Just from a simple macro standpoint, the line should help ease some of the "inflation overheating" narrative. Not only is this probably good news for gasoline costs, etc. but, since oil is an input into almost everything else one way or another, the decline should ease general pressures. Also The White House's oil trading operation continues to look pretty good. Back on April 2, the US canceled a plan to buy oil to refill the Strategic Petroleum Reserve. Then yesterday, the administration said it planned to buy the dip, seeking as much as 3.3 million barrels. So yeah, the trading isn't bad. But more importantly, we may be watching the full transformation of the SPR into its logical new purpose. When the US was a major oil importer, whose economy could be brought to its knees by the lack of imports, there was a very good case for a huge stockpile of crude to serve as a buffer against that external risk. But for awhile now, the US has been producing oil like crazy. Thus the same facility, which previously was a geostrategic hedge, can now be used for more conventionally macro purposes. Oil can be released when prices get intolerably high, and oil can be bought when the price gets low enough, such that further US production growth becomes impaired. The idea seems to be working both in theory and in practice. Oil is famously boom-bust, which is why historically and globally, organizations like OPEC (or the early version of the Texas Railroad Commission) have played a role in allowing producers to coordinate. (There's a great piece in Phenomenal World by Greg Brew which walks through the history of oil market control and decontrol.) Obviously oil is going to be an important commodity decades to come, but the question now is whether this new SPR model can be used for other critical commodities. Last week the company Albermarle, a major lithium producer, said it could slow its pace of capital investment due to low spot prices for the metal. That may be a fine move for the company, but if you accept the premise that we're going to need a lot more lithium for EVs in the future, it's not great for long-term supply and capacity. Hence you see rising calls for the DOE to engage in SPR-like logic for these other commodities: Build up infrastructure (both physical and financial) to keep prices bid up, such that it doesn't slow down the pace of mining and production, which an then serve as a buffer when prices are creating a crunch.
Actually all they need is just to add a little noise to the algorithm because that is how nature (and we) functions.
Just to show that I am a believer that alternatives will continue to play an ever larger role in providing energies needs for humans there is this story:- https://www.cnn.com/2024/05/08/clim...utm_medium=newsletter&utm_source=morning_brew These 4 charts show the world just passed a major clean energy milestone CNN — The world has passed a clean energy milestone, as a boom in wind and solar meant a record-breaking 30% of the world’s electricity was produced by renewables last year, new data shows. .............................
Read that a couple of days ago. Yes, it's encouraging. The momentum is there. I don't know how much it impacts oil/coal/gas extraction but I'm sure a % has been determined at which point the more expensive extractions will no longer be viable. Changing the way we do things is like manoeuvering a giant cargo ship... I little tap here, a little tap there and eventually the ship is heading in a different direction.
If the time to recharge is significantly longer than the time needed to refill with gasoline, will widespread adoption of electric vehicles lead to both a new wave of obesity and higher profits for recharging stations that serve food?
i have not seen any plug-in hybrid can do this, at best is collora 50mpg. my understanding of non-chinese plug-in hybrid is that the alternator can’t charge batteries while running the engine so plug-in vehicle is just a stupid idea.
Not true, I can charge my Honda Clarity plug-in battery either from a wall-plug or with the ICE running. I also have the option to run in hybrid mode and preserve the battery for emergency or as spare when I am going on a long trip.
What are you talking about? My Clarity is a plug-in hybrid. Battery good for 50 miles per charge and a tank of gas is good for another 400 miles.