Is my screen wrong or this real oil (WTI) move today? #oil #markets pic.twitter.com/AY5ebkk6ve
— Ian Guider (@ianguider) October 15, 2014
Confirmed!
@ianguider Nope, that's real… pic.twitter.com/TFGJKIB9Fj
— Gavan Reilly (@gavreilly) October 15, 2014
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Oil prices have been dropping the past month but not as steep as today. Markets had it bad today as well. The world economy is starting to tank again but Ireland is fine. A1 Sharon. No problems here. Give away budget and all that.
China trader books world’s largest ship to store crude
http://in.mobile.reuters.com/article/idINKBN0H328C20140908?irpc=932
No its happening. There’s all sorts of theories for it. Seemingly, its being caused by the Saudi’s selling cheap.
It has been implied, that they have a deal with the US. Dropping the price of Oil, hurts the Russians. So it is an economic weapon to be used against Putin
Cynics have suggested that the price for hurting the Russians, is that the US goes on to bomb the Assad’s Syria, after they’ve done ISIS. A win win for democracy and freedom.
Then again the really really long shot is “Cold Fusion” works!!! Oil is last years thing. http://www.extremetech.com/extreme/191754-cold-fusion-reactor-verified-by-third-party-researchers-seems-to-have-1-million-times-the-energy-density-of-gasoline
But most likely its caused by the recession in Europe and the (none) recession in the US, which has reduced demand and caused a bit of a price war.
Reuters story from today
Lockheed says makes breakthrough on fusion energy project
http://uk.mobile.reuters.com/article/idUKKCN0I41EM20141015?irpc=932
Meh Lockheed Martin, seemingly, with Rossi’s E Cat reactor, we’ll have nuclear lawn mowers in ten years.
The Americans claim they’ve cracked cold fusion – for real. Lockheed Martin:
Cheap, pollution free mass produced generators in 10 years they reckon.
http://www.youtube.com/watch?v=UlYClniDFkM
http://aviationweek.com/technology/skunk-works-reveals-compact-fusion-reactor-details
-Seriously, the countdown to the death of fossil fuels has began. Hard to believe.
Mind you the Yanks liked bragging about their mega amounts of Frack Gas, a couple of years ago. Don’t hear a lot about that nowadays.
its mentioned twice in the article – shale gas.
Righto, so.
Lol
LOL every year they say it’s going to be 10 years away.
Appearantly the process requires lithium, which is not very readily available.
They did not say they cracked cold fusion they say they may have a prototype I five years that can do fusion
They’ve cracked the hardest part, the containment. It’s Skunk Works, they wouldn’t publicise it if they didn’t have the maths done, check out the aviationist article. It’s not a steorn, it’s a military contractor that brought us the the U-2, the SR-71 Blackbird, the F-117 Nighthawk, and the F-22 Raptor, quite simply: guys that know their sh1t.
Does the bit at the end not suggest the price went back to normal-ish levels?
Also, can anybody answer why that tesla’s free energy idea (if it worked) was never put into practice? Surely better than cold fusion?
Men in Black calling to your front door in 5.. 4.. 3.. 2..
Edison stole it and destroyed it
If you have nothing to watch tonight, do a search for ‘who killed the electric car’. Fascinating.
Anyone remember the url for the Irish documentary site BS posted about a few weeks ago.
Is this the one?
https://www.broadsheet.ie/2014/09/12/we-watch-more-documentaries/
where will it all end?
If the containment field breaks down it´ll be a very messy end, very possibly involving a very bright fire.