Operation Epic Furry Energy Crisis Thread

51,013 Views | 870 Replies | Last: 26 min ago by SBGold
movielover
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It gets better. We provide currency swaps for UAE.

So, the UAE increases oil output (exits OPEC) ... no Hormuz problem. Saudi Arabia already has a big max output (OPEC) and pumps west. While Russian oil (OPEC) is unsanctioned - waiver extended - and flowing to Asia.
All of this activity done in petrodollars.

Iran just lost a lot of leverage.
Cal88
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If Trump bombs Iran's oil infrastructure, the UAE will be toast, their wells and installations are right across the narrower part of the Persian Gulf.
PAC-10-BEAR
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How does UAE leaving OPEC after 59 years economically impact other member countries who are also allies of the U.S., particularly Saudi Arabia?
SBGold
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It's probably not great for the Saudis, they are a big part of OPEC. They also do not really get along with the UAE anymore.

UAE may think they are breaking away, but I see them getting boxed in regionally.
Cal88
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Hard to say, because in the short term everybody will be pumping as much oil as they can to make up for the current deficit.
PAC-10-BEAR
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Cal88
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SBGold
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Thanks Trump you a z z wipe

VOTE BLUE AND VOTE GAVIN
Cal88
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Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...
movielover
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^^ Bibi did that.
Eastern Oregon Bear
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There's a new acronym to join TACO. From Wall Street:

NACHO - Not A Chance Hormuz Opens.

https://www.mediaite.com/media/news/move-over-taco-nacho-is-the-new-word-to-mock-trump-on-wall-street-heres-what-it-means/
movielover
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Cause we have it locked down.
cal83dls79
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Cal88 said:



Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...

Trump got sorta lucky as it relates to the timing of this as the worst of winter was over but the last two heating oil bills have been eye openers and a few more billing cycles like this and it could have been far worse.
But if these prices don't come down by next winter oh boy.
Priest of the Patty Hearst Shrine
chazzed
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Cal88 said:



Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...



It's truly amazing how badly he got played by Netanyahu.
Cal88
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cal83dls79 said:

Cal88 said:



Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...


Trump got sorta lucky as it relates to the timing of this as the worst of winter was over but the last two heating oil bills have been eye openers and a few more billing cycles like this and it could have been far worse.
But if these prices don't come down by next winter oh boy.


Driving season is a couple of months from now, if things remain the same we will see gas near $6/gallon.
oski003
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chazzed said:

Cal88 said:



Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...



It's truly amazing how badly he got played by Netanyahu.

It's truly amazing how badly Trump haters think he got played by Netanyahu.
chazzed
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This is extremely bad and getting worse. At least we can look forward to 003 providing more cover for 47. With each passing day, the excuses become more farcical.

oski003
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chazzed said:

This is extremely bad and getting worse. At least we can look forward to 003 providing more cover for 47. With each passing day, the excuses become more farcical.




Americans sacrificed a lot more for a lot longer during WW1 and WW2. If twitter were around then, would you post Nazi propaganda?
chazzed
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Are you comparing Trump's war to World War I and World War II?
oski003
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chazzed said:

Are you comparing Trump's war to World War I and World War II?


In the context I provided, yes.
Cal88
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oski003 said:

chazzed said:

Cal88 said:



Was at $61 at the beginning of the year. Trump promised to halve energy costs, now oil price has exactly doubled...



It's truly amazing how badly he got played by Netanyahu.

It's truly amazing how badly Trump haters think he got played by Netanyahu.


Bibi has been trying for decades to no avail with 4 other POTUS to get them to destroy Iran for Israel, until he got his sucker/tool in the WH.
chazzed
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oski003 said:

chazzed said:

Are you comparing Trump's war to World War I and World War II?


In the context I provided, yes.

Calling verifiable gas prices in the U.S. "Nazi propaganda" is certainly a choice.

In any case, summer is going to be absolutely brutal for drivers.

PAC-10-BEAR
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chazzed said:

Are you comparing Trump's war to World War I and World War II?

What happened between WW one and WW eleven?
movielover
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Well, this tool will finally reduce our footprint in Europe. Normalize relations w Russian Bear?
Cal88
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movielover said:

Well, this tool will finally reduce our footprint in Europe. Normalize relations w Russian Bear?

Trump did lower tensions with Russia, but who knows what will happen with the next administration a year and a half from now. Europe is going to sink in a deep energy crisis, and there is a good chance the Ukraine war will be over by then.
movielover
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Cal88 said:

movielover said:

Well, this tool will finally reduce our footprint in Europe. Normalize relations w Russian Bear?

Trump did lower tensions with Russia, but who knows what will happen with the next administration a year and a half from now. Europe is going to sink in a deep energy crisis, and there is a good chance the Ukraine war will be over by then.


You mean 2.5 years, a long time. The EU sees the tectonic shifts, may unexpectedly back away from their Green Dreams.
SBGold
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You agree Trump is a TOOL? Lol

Couldn't have said it better myself

VOTE BLUE and VOTE GAVIN
Cal88
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Cal88
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$7 by Memorial Day?

California gets a lot of its oil and refined gas through the Pacific, highly exposed to the global market, unlike the east coast and south.

Buckle up for the ride!
movielover
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Newsom shut down 4 or 5 oil refineries?
SBGold
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movielover said:

Newsom shut down 4 or 5 oil refineries?

You need more truth in your posts. Why harp on California about energy policies when it is a leader in seeking alternative energy?

The real failure is one of your red states Skippy. Why anyone moves to that disaster is beyond me. Let's cover Texas and how it has failed and has not rectified a disaster from 5 years ago (note, it's getting worse, not better):

Texas (ERCOT) The Biggest Red State Energy Policy Failure
Texas operates its own isolated power grid by political choice, to avoid federal regulation and that decision has had severe consequences.
In February 2021, Texas suffered the worst energy infrastructure failure in state history during Winter Storm Uri. More than 4.5 million homes and businesses lost power for days. At least 246 people were killed. The ERCOT grid came within four minutes and 37 seconds of complete collapse. Damages totaled at least $26.5 billion. Critically, state officials initially blamed frozen wind turbines, but data showed that failure to winterize traditional natural gas infrastructure was the primary cause and that federal regulators had warned Texas to winterize after a nearly identical event in 2011, which the state ignored due to cost. WikipediaWikipedia
Five years later, the problem is getting worse, not better:
Despite widespread perception that the grid has become more resilient, the data tells a different story the actual risk of winter outages is rising. Peak winter demand has increased 20%, but dispatchable generation from gas, coal, and nuclear remains roughly the same as before Uri. Nearly $50 billion has been invested primarily in solar and storage since 2021, but only 3.1 GW of new natural gas capacity was added. Texas Public Policy Foundation -
The winter reserve margin dropped from 17.5% in 2021 to a projected 10.1% in 2026 well below the 15% standard utilities strive to maintain to account for plant failures during extreme weather. Texas Scorecard
In January 2026, the federal government had to issue an emergency order during Winter Storm Fern to deploy backup generation resources to prevent Texas blackouts and the federal government's own reliability assessor found ERCOT was at "elevated risk." Department of Energy
And prices are rising sharply:
A study by the Texas Energy Poverty Research Institute projects residential electricity rates in ERCOT could rise roughly 29% by 2030, driven by an estimated $96 billion in transmission and distribution investments. The Texas Tribune

Southeast Red States Rate Increases Driven by Poor Planning
About half of $31 billion in utility rate increase requests filed in 2025 are concentrated among Southeast utilities in red states, where grid hardening, hurricane recovery costs, and an expensive new nuclear power plant in Georgia are driving up costs for ratepayers. CNN

The Common Thread
Texas's core problem is a market design a purely deregulated, isolated grid with no capacity payments that was a deliberate Republican policy choice going back decades, prioritizing freedom from federal oversight over reliability. The 2011 warnings were ignored. The 2021 disaster happened. And according to independent analysts, the underlying vulnerability has still not been fixed.
That's a straightforward policy failure clearly traceable to political decisions not weather, and not a transition to renewables.



 
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