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Old 05-16-2017, 09:05 AM   #401
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Originally Posted by ggies View Post
Anyone need or knows of someone who needs a new roof?



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We're planning to build our home in the next 5 years and will absolutely get this, assuming the wait isn't years and years.
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Old 05-16-2017, 09:31 AM   #402
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We're planning to build our home in the next 5 years and will absolutely get this, assuming the wait isn't years and years.
nice!

Our home is almost ten years old, so we will be getting these when we need to replace our roof.
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Old 05-16-2017, 09:31 AM   #403
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A example of financing drying up:

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With older plants retiring or being sold and some new plants struggling, the results of the sales process could be illuminating.
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But the biggest impact of the Panda Temple bankruptcy could be that “it puts the kibosh on getting financing for a merchant power project in ERCOT,” says Steven Gilliland, founder, president and CEO of Federal Power, a Houston based developer. The big money is no longer available for power projects, he says. “Developers are going to have to do it on their own nickel.”
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Old 05-17-2017, 09:46 AM   #404
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If you didn't watch that hour long presentation from Tony Seba I posted in the last month or so, this is a nice summary of his thinking.

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The “tipping point” will arrive over the next two to three years as EV battery ranges surpass 200 miles and electric car prices in the US drop to $30,000. By 2022 the low-end models will be down to $20,000. After that, the avalanche will sweep all before it.
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“Certain high-cost countries, companies, and fields will see their oil production entirely wiped out. Exxon-Mobil, Shell and BP could see 40 per cent to 50 per cent of their assets become stranded,” the report said.
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It has long been known that EVs are four times more efficient than petrol or diesel cars, which lose 80 per cent of their power in heat. What changes the equation is the advent of EV models with the acceleration and performance of a Lamborghini costing five or 10 times less to buy, and at least 10 times less to run.
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Old 05-18-2017, 12:43 PM   #405
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He pointed to a previous study conducted a few years ago by the Energy Department's National Renewable Energy Laboratory, which took two years to complete, not two months.
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Grassley said Iowa gets 36 percent of its electricity from wind and that its largest utility, MidAmerican Energy Co, is on track to generate 90 percent of its electricity from wind in a few years. Grassley said MidAmerican has the ninth lowest electricity rates in the country.
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Old 05-19-2017, 08:53 AM   #406
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Great article giving point by point answers why Perry is wrong.

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Coupled with stagnant demand, something has to give -- and inefficient coal plants are the more expensive and the least flexible generators that are not needed in this competitive landscape.
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A well-functioning market would allow uncompetitive generators to retire amid steep competition and declining prices, given the oversupply conditions. To blame coal’s suffering on policies supporting clean energy denies the root cause -- coal-fired generation is dying on economics alone.
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Old 05-19-2017, 09:41 AM   #407
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LOVE.

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Old 05-25-2017, 10:15 AM   #408
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Interesting take on global inventory. It seems that most of the "demand" for oil has been going into China's SPR (strategic petroleum reserve), so in reality it hasn't been consumption taking up the oil being pumped into the market, it's just storage.




It was thought that China had a small SPR, but it turns out that is not the case. They are not sure yet, but:

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according to data released by the General Administration of Customs data on Tuesday, China's oil stockpiling pace finally tumbled to 1.36mbpd in April, from 1.6mbpd in March, the sharpest decline in reserve accumulation in years,
The important part:

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In other words, all those forecasts that China's SPR is almost full appear to be finally coming true, and at the worst possible time for OPEC, because if suddenly over 1 million in daily "demand" is pulled from the market, OPEC will suddenly find themselves with another huge glut now that Beijing is no longer waving it in. In fact, we contend that while OPEC's decision on Thursday is fully priced in by the market, the only thing that matters for the future price of oil is how long until China halts SPR imports
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Old 05-25-2017, 01:34 PM   #409
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This is great to see. Another step in the right direction!

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Old 05-25-2017, 09:17 PM   #410
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Update on the Exxon situation. Could lead to interesting info.....

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ExxonMobil lost its appeal on Tuesday to keep records held by its auditors away from the New York attorney general's climate fraud probe.
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