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Know_not_Scotty_does

@ Know_not_Scotty_does @lemmy.world

Posts
59
Comments
1064
Joined
3 yr. ago

  • Top economist Mark Zandi warns the record-high stock market is detached from economic reality

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  • Yeah, that's more me dating myself than an accurate commentary on the world.

  • Top economist Mark Zandi warns the record-high stock market is detached from economic reality

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  • Yeah, we already knew that. It's been that way since at least COVID. The whole "the economy is doing great" is completely detached from what people are actually experiencing. The stock market may be going up, but in real terms, everything else is worse off.

  • US Ready to Allocate $100 Million to Repair Chornobyl Nuclear Shelter After Drone Strike

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  • Good, but prevention is what the US should have done...

  • How does a ~20% reduction in oil supply translate to a ~60% increase in price?

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  • You also have to remember that since oil is a commodity price driven item, the producers don't want to overproduce, that means they plan 5-10 years out on speculative demand so there is a lag of up to years before they can expand production in some cases. No one wants to spend billions of dollars increasing production capacity only for the price to fall down on its face again and burn up your investment.

    A LOT of the production capacity in Corpus Christie is also about to get shut off since they (the refineries) have essentially fucked their own ability to get water required to refine the oil. The whole region is about to drain itself dry and the state isn't doing shit to stop it.

  • Controversial Take 😡

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  • Also: I'd rather pay the government for healthcare than pay an insurance company, who then pays the doctors.

  • How does a ~20% reduction in oil supply translate to a ~60% increase in price?

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  • I posted this in another thread the other day but it bears repeating.

    It's not even really about the refineries not getting any oil supply. Refineries are setup to use SPECIFIC oil feedstock chemistries, if you try to substitute that oil for a different type (light sweet vs heavy sour or mid mid, etc) the process either doesn't work, or it wastes a significant chunk. To convert a refinery to use a different feedstock, it takes a significant amount of engineering time, then you have to effectively SHUT DOWN the whole unit, redo parts of the equipment, then run it back up, test it, and tweak the process variables. Refineries plan this years out and it takes 6+ months to do if nothing goes wrong. Then, they are basically locked into that new feedstock again.

    Doing any kind of supply shock like this is dumb for any number of reasons. It's even dumber when the critical components to rework the refineries is in shorter supply because people keep blowing up the existing equipment. Lead times on some of this stuff is in the 20+ month range duing normal times.

    There will not be an easy adjustment, the 10-20% loss in supply figure is misleading at best. This is going to impact everything that uses oil, plastic, fertilizer, lubricants, valves, electronics, etc and its not going to be a 10-20% impact...

  • rural americans will drive past a coal-fired power plant, in their five mpg ford truck, to go to a small town city council meeting and complain about how environmentally destructive solar panels are

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  • Thanks for posting about your experience with the leases, I had not considered the implication of the land use for solar on the landowner. I assumed you could still do whatever you wanted (within reason) under the panels with the understanding that anything in the way when it came time to service them would be moved or destroyed. Preventing grazing or planting would be a problem. I assume that is not necessarily how every lease is setup but its good info.

    Having been to a couple of drill/frac sites on ag land, I'd say y'all made the right call by saying no to that.

  • White House Refers To Trump As King In Photo With King Charles

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  • Probably when they defended Halliburton in Gulf War 2?

  • I just crossed the 200 node seen threshold at lunch today. Thanks for participating y'all!

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  • Im really considering flashing one of my trackers to meshcore to compare.

  • Have you talked to Big Tech workers about their ethical qualms? Do they question themselves, think they're doing the wrong thing?

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  • The job market also dictates some of this. In my area and with my degree, one of the only industries I could find work in was in support for equipment used in oil and gas production. I had previously worked in the petrochem industry, robotics, and hvac, but when we had our first kid, I opted to take my current job beccause the extra pay allows my wife to stay home with our kids, for me to be closer to home, and to make environmental choices in my personal life.

    Ethically, I know the industry I work in is problematic but I also know of 10 other manufacturers who make the same equipment we do, so I sell myself on my contrbution by acknowledging that the operators would just get another brand's stuff that may not be made as well and could have real repurcussions if something went wrong. It may be delusional but this equipment existed before I was here, and will continue to be made after I'm gone.

  • Does cooking meat make you lose your appetite?

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  • I don't like spatchcocking a Chicken or breaking down a whole Turkey, its a really crunchy and visceral process. Prepping crawfish or crab then boiling them is also offputting but once prepped and ready to eat, I'm not as grossed out unless I really think about it. I have found myself working to eat less meat in general for ethical/moral reasons as I have gotten older though.

  • My friend and I sharing our fish tale [Rule]

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  • So to speak.

  • I just crossed the 200 node seen threshold at lunch today. Thanks for participating y'all!

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  • I'm in the greater Houston area so its a pretty large city. The Austin TX group is apparently even bigger. I did get someone flying over on a commercial flight once too which was cool.

  • Good luck trying to emulate a dumbass, dumbass.

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  • You don't pay be to be busy 100% of the time, you pay be to be 100% busy sometimes.

  • Good luck trying to emulate a dumbass, dumbass.

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  • The furure is now.

  • Good home nodes?

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  • Mine's been working great, it is super easy to setup and I have not touched it in 2 months so far.

  • Strawberry is ripe for managing music collections

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  • I've tried using Strawberry on Bazzite with a remote library on my local server but I get crashes/hangs. Ive started using Picard to do my metadata editing and I play the music with Emby.

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    Lorem ipsum dolor sit amet

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  • He just wants to ask if you said Thank You

  • in new Lemmy images are not loaded

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  • Yep, that fixed it for me too. I had never enabled it and it was in the default mode of when necessary or something like that. Switching it to off loaded everything normally.

  • Star Wars Memes @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Chewy from my kid's sheets has been using spice.

  • Lemmy Shitpost @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Look! A civil forefiture exhibit at the children's museum.

  • fatherverse @midwest.social
    Know_not_Scotty_does @lemmy.world

    Found this on vacation

  • 196 @lemmy.blahaj.zone
    Know_not_Scotty_does @lemmy.world

    Brace your rule

  • Late Stage Capitalism @lemmy.world
    Know_not_Scotty_does @lemmy.world

    What stage is selling critical medical supplies to a phone number you saw under an overpass?

  • The Eternal Playlist @crazypeople.online
    Know_not_Scotty_does @lemmy.world

    In recognition of Hallowen, I present "Bustin" by Neil Cicierega

  • RetroGaming @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Plasma TV recommendations? Looking for a decent 50+ inch display for older consoles.

  • Buy it for Life @slrpnk.net
    Know_not_Scotty_does @lemmy.world

    Looking for a Plasma TV any recommendations? 50+ inch

  • Jerboa @lemmy.ml
    Know_not_Scotty_does @lemmy.world

    Accidentally enabled auto hide of system navagation bar maybe?

  • Punk Rock @lemmy.ca
    Know_not_Scotty_does @lemmy.world

    Punk show appreciation post (Jeff Rosenstock, Pup, and Ekko Astral)

  • 196 @lemmy.blahaj.zone
    Know_not_Scotty_does @lemmy.world

    Tired of basic rule?

  • Music @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Plastic Bertrand - Ca Plane Pour Moi (1977)

  • Dull Men's Club @lemmy.world
    Know_not_Scotty_does @lemmy.world

    I hung three lights up in my new (to me) garage this afternoon

  • pics @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Cicada

  • The Eternal Playlist @crazypeople.online
    Know_not_Scotty_does @lemmy.world

    Jonathan Coulton - First of May

  • The great outdoors @slrpnk.net
    Know_not_Scotty_does @lemmy.world

    Guadalupe River last summer

  • pics @lemmy.world
    Know_not_Scotty_does @lemmy.world

    Banned from conventions

  • Cyberstuck @lemmy.ca
    Know_not_Scotty_does @lemmy.world

    The license plate is relevant to this one.

  • Terrible Estate Agent Photos @feddit.uk
    Know_not_Scotty_does @lemmy.world

    Who doesn't want a soaking tub in their atrium?

  • Terrible Estate Agent Photos @feddit.uk
    Know_not_Scotty_does @lemmy.world

    The floors are trashed but its got good bones.