Comments by "Tim Trewyn" (@timtrewyn453) on "Russia's Catastrophic Oil u0026 Gas Problem" video.

@RM-el3gw Russia is in Venezuela. They do not want Venezuela going back to 3 million BBL production per day. Just enough for domestic use and a little bit of export sales to meet regime payroll. Helps keep the price up. Cuba gets a piece of the action for security services rendered.
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@etienne8110 Why don't Russia and China help Venezuela get back up to 3 million BBL per day? Especially with prices where they are.
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@raghudurina2354 Florida Power and Light puts solar farms on former citrus groves that failed due to citrus greening. They also put solar farms on closed landfills that really are not suitable for any other purpose. Some parts of the world might have a space problem for solar farms. The US is not one of them. Florida Power and Light rates are among the lowest in the United States.
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@raghudurina2354 Texas did not prepare its wind turbines for cold weather. It had multiple gas-fired generating plants down for maintenance. It had insufficient links to bordering grids because it insists on having its own grid. I drove through Indiana while temperatures were -10 degrees Fahrenheit. The huge wind farms there were operating because they were prepared for the weather. It's a myth that wind and solar let Texas down. At that time of year the grid operator knew that the solar contribution would be minimal. The wind turbines would have helped if they had been properly maintained. Gas plants would have operated if the pipeline stations serving them had been winterized. The DOE told them years ago what their problems were. The Texas failure was a flaw of Texas electric policy and failure to maintain adequate capacity for a winter contingency. It's the state Enron came from.
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@raghudurina2354 I used to sign off on payments for Palo Verde NGS for the Cities of Banning and Colton, California. It was by far the most expensive power in our portfolio. I am all for keeping existing plants in safe operation. They are reliable base load plants. But I'll take the wholesale pricing available from renewable and stored renewable energy any day.
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@franug ESSs are in the National Electrical Code because it is happening. Tesla, ABB and Eaton are doing fairly large storage. Has its hazards. But yeah, keep the nukes and hydro and have some gas or liquid fuel jets handy for weather extremes. Coal plants need to depreciate and be retired. No new ones.
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Some say there's a bug deep in the Gulf of Mexico eating that big oil spill. Somebody might sell it. Might be a scam.
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@bunsdad4530 psi or bbl?
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@thor_86 Oil companies have large amounts of money. Media needs money. It's about not biting the hand that feeds you.
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@Valhura77 Koch family.
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@uclhighlights9287 Good point. What a display of American regard for Russian sensitivity. Didn't get much mileage out of that did we?
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Russian innocence. American guilt. Self-defeating narrative.
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@crhu319 Any arbitrage via flag of convenience?
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It is in the interest of any industry to deflect negatives toward some other cause. I recall the US invasion of Iraq as only having oil "overtones", not oil as the underlying motive. If there had been no oil in Iraq, it is unlikely there would have been any US invasion.
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@Psychx_ Yeah. Globalization turned into something of a house of cards.
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@Matt-yg8ub Why leave the energy companies that discovered Ukrainian oil and gas reserves off the hook? There was a blissful ignorance in Ukraine while it bought gas from Russia. It's like John Steinbeck's "The Pearl". When great wealth is found the knives come out. Yanukovich invited Exxon, Shell, and Chevron into the country for exploration. He teed this up, probably with Putin's consent, and left the Ukrainian military unprepared to guard the discovered treasure chest. So taking Crimea was like . . . taking candy from a baby. I don't believe in American innocence. I don't believe in Russian innocence either.
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@watchm4ker If anything is left of Ukraine and its military, it may be better prepared than ever for a fight. And how much can Russia really reform its ways?
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@Matt-yg8ub What would those terms be? Surely not Ukraine getting any serious share of revenue from its resources. I am sheltering a Ukrainian family. By their account, it's like Al Capone's Chicago over there. The Russian gangs and Ukrainian gangs were demanding tribute from all kinds of Ukrainian enterprises . . . or else. Territorial sovereignty was already something of a mirage.
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@PBNIP Take a drive through Illinois and Indiana farm country. Hard working, wholesome folk for the most part. Wind turbines generating power. Great soil like Ukraine.
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@Matt-yg8ub Yeah. Reagan was an actor. It helped him. Same with Zelensky. I do give Zelenskyy credit for not packing up and heading to safety. He is not safe in Ukraine.
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@Matt-yg8ub Yes, it is cosmetic. But Kyiv to the nearest Russian friendly (Belarus) border is approximately 60 miles. Source: Google Earth ruler. Zelensky is in Russian weapons range. Have you seen the first few episodes of "Servant of the People"? It's like the Ukrainian oligarchs got together and agreed to let that happen. Even oligarchs know they have to pay attention to the morale of the public now and then.
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The higher the price of oil and gas, the faster the alternatives such as efficiency, storage, solar, wind, geothermal, tidal, and even nuclear energy will be developed. I drive by solar farms that were not there two years ago. It is happening, and more than ever, it is market driven. And when rising tides and other effects of climate change affect more and more people, the progress will accelerate as they come to believe what the scientists have been telling them.
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As long as Russia can maintain a nuclear arsenal similar to what it already has, probably not.
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Well said.
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@VictorLarsen-fy9ls Good for Russia. Done yet?
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@tealc6218 I live in the United States. I see more electric cars on the road every year. I see more wind turbines and solar farms every year. I see that drilling very deep shafts to tap geothermal power also resulted in the discovery of lithium that can help sustain efficient battery storage of electrical energy. I have witnessed how the application of more efficient lighting and air conditioning has reduced peak energy demand in my city even with a growing population. American electric utilities frequently choose solar now for summer peak generation because solar power plants can be permitted and built in a short time at a low cost. The price of solar panels has been reduced even below what was projected 25 years ago, and few people believed that solar power below $5/kw would be achieved. Some panels go for less than $1/kw. I have seen a whole array of technologies combined to improve the energy efficiency of buildings. We are farther along with all this than I as an engineer concerned with the practical and achievable thought possible. Will Europe succeed in minimizing fossil fuel use by 2050? It is up to them. The United States and others have demonstrated that it can be done. The United States is ambitious and aggressive and has a history full of sin. It is also a place where democracy and human rights allow creative human beings to flourish and produce technologies that others constantly try to steal. With 25% of the population of China, the US matches the Chinese economy. How do we do that? Don't project Russian methods on us. A lot of quiet, honest hard work goes on here, and it happens because it is generally rewarded. Over and over again I encounter the proclamations of Russian innocence. Yet Russian Orthodoxy cannot escape the confession that all have sinned and fall short of the glory of God. How amazing that the Soviet Union dissolved, and the Church remained. But clearly, the KGB remained, too. So atheism has made its deal with Orthodoxy, the opiate of the masses. When I look at Russia, I see the KGB/FSB as its remorseless elite. People of conscience do well to just get out of there.
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@Thezftw India does not have to literally take all the oil. They can arbitrage it on the global market.
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I heard there was a cease fire in Yemen. Ukraine could use one, too.
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@ВикторГрабко-и9ч I am a United States citizen. You can look at my "About" info. I write with my real name. I take responsibility for what I say. I lost all belief in American innocence as a child learning about the treatment of natives during the American westward expansion and the enslavement of blacks and others. And all through school I learned about injustice in America, past and present. I lost all belief in Russian innocence when I read Aleksandr Solzhenitsyn's "The Gulag Archipelago." Nations of people have their good moments, too. But human beings have a dark side that is with them wherever they live. I hope people see how important it is to have HONEST discussions.
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@arcasb Mearsheimer almost ignores oil and gas as a factor. He takes Russian statements at face value too much.
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