DrMaddVibe
3 years ago

But hey - GOOD NEWS - Gas and Oil companies are showing record profits this year!



Just curious, do you think we would be better off if only workers wages were taxed and companies were all tax free?

Brewha wrote:



Oh silly, just because our Clown In Chief wants to cap and stymie production doesn't mean the World isn't going to snap up the supply!!!


5 Reasons Biden’s Electric Vehicles Are A Boondoggle



President Joe Biden touted electric vehicles as the solution to climate change again Tuesday night during his State of the Union address.

President Joe Biden touted electric vehicles as the solution to climate change again Tuesday night during his State of the Union address.

“We’re building 500,000 vehicle charging stations installed across the country by tens of thousands of IBEW workers,” Biden said, “and helping families save more than $1,000 a year with tax credits for the purchase of electric vehicles and energy-efficient appliances.”

Those tax credits, however, aren’t as green as they seem.

EVs Are a Green Illusion

The process to manufacture electric vehicles is so environmentally toxic between the mining and assembly that it takes years of driving before emissions are reduced, according to a deep dive by RealClear Investigations in October.

“The electric car’s biggest disadvantage on greenhouse gas emissions is the production of an EV battery, which requires energy-intensive mining and processing, and generates twice as much carbon emissions as the manufacture of an internal combustion engine,” RealClear reported. “This means that the EV starts off with a bigger carbon footprint than a gasoline-powered car when it rolls off the assembly line and takes time to catch up to a gasoline-powered car.”

Even then, the American power grid used to charge the car still relies primarily on fossil fuels. In other words, the car runs on coal.

Some studies have shown electric vehicles are even worse for the environment than gas-powered vehicles.

[READ: Studies Show The Electric Vehicles Democrats Insist You Buy Are Worse For The Environment And Lower Quality]

EVs Aren’t Cheap

The average transaction price for an electric car in September was $65,291, according to Kelley Blue Book, just $1,000 shy of the average luxury car. According to the U.S. Census Bureau last year, median household income was just below $71,000, meaning an electric vehicle costs a year’s worth of wages for many Americans. Add inflation to the mix, driven by reckless government spending to encourage rich consumers to buy electric cars, and the average American wouldn’t dream of buying a Tesla any time soon.

EV Subsidies Are Gifts to the Rich

The dubiously named Inflation Reduction Act extended up to $7,500 in federal subsidies for the purchase of an electric car. That only brings the price down to $58,000. In August, Ford responded to the new subsidies by raising the price of its electric pickups.

Researchers at UC-Berkeley found in 2016 that “clean” energy tax credits have historically benefitted the upper class, with 90 percent of all credits on electric vehicles enjoyed by those in the top income quintile.

The massive subsidies at the expense of, say, a Wyoming rancher who could use a new pickup don’t even cover what’s needed to develop a market appetite to replace gas-powered vehicles. According to research from the National Bureau of Economic Research in 2021, subsidies would have to reach more than “$30,000 per car” to achieve a 50 percent market share of electric vehicles in 2035.

EVs Are Vulnerable to Global Supply Chains

More problems with electric vehicles pertain to problems with American mining. China holds the world hostage when it comes to mineral refinement and battery production. Beijing presides over half the global electric car battery market while the U.S. lags behind and continues to shut down major mining projects.

EVs Aren’t Reliable

New York and California have both passed laws to ban new gas-powered car sales by 2035. The image below best sums up how drivers will be at the mercy of state regulators to travel once residents are prohibited from buying whatever car they want.

When California was faced with a record-breaking heat wave last summer, state regulators begged residents not to charge their cars to avoid breaking the power grid. The request came days after policymakers moved to ban gas-powered cars over the following 13 years.

If residents can still charge their vehicles produced by China, they had better hope their batteries last. Replacing an electric car battery can cost between $4,000 and $20,000. The weight of the batteries, meanwhile, wears out the tires 20 percent faster than gas-powered alternatives.

Toot toot though!
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Brewha
3 years ago

Oh silly, just because our Clown In Chief wants to cap and stymie production doesn't mean the World isn't going to snap up the supply!!!


5 Reasons Biden’s Electric Vehicles Are A Boondoggle



President Joe Biden touted electric vehicles as the solution to climate change again Tuesday night during his State of the Union address.

President Joe Biden touted electric vehicles as the solution to climate change again Tuesday night during his State of the Union address.

“We’re building 500,000 vehicle charging stations installed across the country by tens of thousands of IBEW workers,” Biden said, “and helping families save more than $1,000 a year with tax credits for the purchase of electric vehicles and energy-efficient appliances.”

Those tax credits, however, aren’t as green as they seem.

EVs Are a Green Illusion

The process to manufacture electric vehicles is so environmentally toxic between the mining and assembly that it takes years of driving before emissions are reduced, according to a deep dive by RealClear Investigations in October.

“The electric car’s biggest disadvantage on greenhouse gas emissions is the production of an EV battery, which requires energy-intensive mining and processing, and generates twice as much carbon emissions as the manufacture of an internal combustion engine,” RealClear reported. “This means that the EV starts off with a bigger carbon footprint than a gasoline-powered car when it rolls off the assembly line and takes time to catch up to a gasoline-powered car.”

Even then, the American power grid used to charge the car still relies primarily on fossil fuels. In other words, the car runs on coal.

Some studies have shown electric vehicles are even worse for the environment than gas-powered vehicles.

[READ: Studies Show The Electric Vehicles Democrats Insist You Buy Are Worse For The Environment And Lower Quality]

EVs Aren’t Cheap

The average transaction price for an electric car in September was $65,291, according to Kelley Blue Book, just $1,000 shy of the average luxury car. According to the U.S. Census Bureau last year, median household income was just below $71,000, meaning an electric vehicle costs a year’s worth of wages for many Americans. Add inflation to the mix, driven by reckless government spending to encourage rich consumers to buy electric cars, and the average American wouldn’t dream of buying a Tesla any time soon.

EV Subsidies Are Gifts to the Rich

The dubiously named Inflation Reduction Act extended up to $7,500 in federal subsidies for the purchase of an electric car. That only brings the price down to $58,000. In August, Ford responded to the new subsidies by raising the price of its electric pickups.

Researchers at UC-Berkeley found in 2016 that “clean” energy tax credits have historically benefitted the upper class, with 90 percent of all credits on electric vehicles enjoyed by those in the top income quintile.

The massive subsidies at the expense of, say, a Wyoming rancher who could use a new pickup don’t even cover what’s needed to develop a market appetite to replace gas-powered vehicles. According to research from the National Bureau of Economic Research in 2021, subsidies would have to reach more than “$30,000 per car” to achieve a 50 percent market share of electric vehicles in 2035.

EVs Are Vulnerable to Global Supply Chains

More problems with electric vehicles pertain to problems with American mining. China holds the world hostage when it comes to mineral refinement and battery production. Beijing presides over half the global electric car battery market while the U.S. lags behind and continues to shut down major mining projects.

EVs Aren’t Reliable

New York and California have both passed laws to ban new gas-powered car sales by 2035. The image below best sums up how drivers will be at the mercy of state regulators to travel once residents are prohibited from buying whatever car they want.

When California was faced with a record-breaking heat wave last summer, state regulators begged residents not to charge their cars to avoid breaking the power grid. The request came days after policymakers moved to ban gas-powered cars over the following 13 years.

If residents can still charge their vehicles produced by China, they had better hope their batteries last. Replacing an electric car battery can cost between $4,000 and $20,000. The weight of the batteries, meanwhile, wears out the tires 20 percent faster than gas-powered alternatives.

Toot toot though!

DrMaddVibe wrote:



Even a New York City sewer line would have trouble moving the amount of crap above.

EVs Are a Green Illusion - common myth debunked by the EPA.

EVs Aren’t Cheap - You can buy an new Tesla for $43,490 - $7,500 = $35,990. Average price of a new car is $48,681

EV Subsidies Are Gifts to the Rich - the tax break is only for people making less than $150k a year.

EVs Are Vulnerable to Global Supply Chains - Like all cars and baby formula?

EVs Aren’t Reliable - EV's have less moving parts, need less service and have longer service lives. Or maybe they were just talking about BMW's...
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DrMaddVibe
3 years ago
That's all based on a sewer called NYC. It took all of 5 minutes to illustrate how horrible your post was.


Even a New York City sewer line would have trouble moving the amount of crap above.

Brewha wrote:



EVs Are a Green Illusion - common myth debunked by the EPA.

Brewha wrote:



https://publicintegrity.org/environment/most-of-the-epas-pollution-estimates-are-unreliable-so-why-is-everyone-still-using-them/ [/i][/color]

EVs Aren’t Cheap - You can buy an new Tesla for $43,490 - $7,500 = $35,990. Average price of a new car is $48,681

Brewha wrote:



That's the cheap ass version the wannabe trenders hop in because they fooled their wives out of mini-vans! Plus you didn't factor in total costs of the vehicle.

EV Subsidies Are Gifts to the Rich - the tax break is only for people making less than $150k a year.

Brewha wrote:



https://www.irs.gov/credits-deductions/credits-for-new-electric-vehicles-purchased-in-2022-or-before [/i][/color]

EVs Are Vulnerable to Global Supply Chains - Like all cars and baby formula?

Brewha wrote:



All cars do not use the battery components necessary for the EV controlled by the CPC. Baby formula? What a desperate claw that was.

EVs Aren’t Reliable - EV's have less moving parts, need less service and have longer service lives. Or maybe they were just talking about BMW's...

Brewha wrote:



Yes, because according to you the EV...has less moving parts? It still has a power plant it uses as an engine. Another word salad I'm accustomed to reading from the likes of you.
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Brewha
3 years ago
See, I knew you would just open the sewer again.

So, you can't trust the EPA - I knew that was coming. Took you long enough.

You can't admit that you don't know what EV's cost - go check the price of a Chevy Bolt - I double dog dare yah.

You cannot read tax code - prolly can't trust the IRS either.

All new cars use microchips - do you read the news?

If you would stop to look, electric motors have less part than gas motors - and no transitions. Have you ever seen an electric motor?




Face it D - you just don't like them and are willing to make up sh1t to support your uninformed opinion.
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DrMaddVibe
3 years ago

Face it D - you just don't like them and are willing to make up sh1t to support your uninformed opinion.

Brewha wrote:




If you'd read you'd see that the articles are from people actually working in the area of expertise. That's one of the reasons I post articles. Most of the time the articles are from supposed "experts" and sometimes they're opinion pieces where they've done cursory research. What would they get out of lying? Why would I lie? They can be wrong, and I could be wrong but no pumpkin...not this time.

Like I even put in this thread...at one time I advocated for the US government to out and out buy Tesla to make it a VW (car for the people) for all. I backed off the idea. Changed my mind. Not recently either. You do know that GM had EV's in the late 80's and early 90s? No. Too bad. They did and couldn't get it to marketplace to maintain profits. I was all over GM in the late 80's and early 90s'. I can actually say with 100% accuracy that I had been in each and every General Motors manufacturing, supply and foundries (to include locomotive and tank sites!) as well as testing sites in the North American hemisphere (for you that's Mexico, the US and Canada) and the coveted engineering site in Warren, MI. Been there, done that and hung around guys that I was lucky to have spent time with to share conversations about cars and EV's in general. When you want to come from a "uniformed" opinion stop projecting and looking in your mirror.
View All Posts by User
Abrignac
3 years ago

But hey - GOOD NEWS - Gas and Oil companies are showing record profits this year!



Just curious, do you think we would be better off if only workers wages were taxed and companies were all tax free?

Brewha wrote:



An interesting question. In a perfect world I’d say yes. But, such doesn’t exist. The only way I’d agree to that is if all profits had to be distributed in a taxable fashion.

As far as record profits, of course they reported record profits. But, as I stated earlier that’s a shell game. You and your fellow alarmist use that hyperbole to engage in class warfare. Profits ebb and flow. Margins percentages tell the real story. BYW, do you have a 401 k. If so, STFU because you like anyone else who does is benefiting from those record profits. Pot meet kettle.
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Brewha
3 years ago

An interesting question. In a perfect world I’d say yes. But, such doesn’t exist. The only way I’d agree to that is if all profits had to be distributed in a taxable fashion.

As far as record profits, of course they reported record profits. But, as I stated earlier that’s a shell game. You and your fellow alarmist use that hyperbole to engage in class warfare. Profits ebb and flow. Margins percentages tell the real story. BYW, do you have a 401 k. If so, STFU because you like anyone else who does is benefiting from those record profits. Pot meet kettle.

Abrignac wrote:



Saying Oil and Gas companies posted record profits is "alarmist...class warfare"? sounds like you have a bit of an ax to grind.

The struggle of class against class is a political struggle. Telling those who raise concerns about the politics of taxation to STFU is a pretty conservative approach to politics - meaning rude. You want to carry that tax burden for companies - have at it 'ol boy.

Me, I'm here to extol the virtues of the obviously misunderstood new technologies. Not that everyone is going to "get it" any time soon - but sooner or later people will start to figure it out. Politics notwithstanding.
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HockeyDad
3 years ago
Ah yes…the taste of Brewha’s tears.


London (CNN)
—
BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022, benefiting from the surge in oil and gas prices that followed Russia’s invasion of Ukraine.

TotalEnergies capped off the historic series of earnings Wednesday when it reported annual profit of $36.2 billion, more than double the previous year’s earnings.

This extraordinary increase in profits has been replicated across the other Western energy giants, and shareholders have been rewarded with enormous windfalls.
View All Posts by User
Brewha
3 years ago

If you'd read you'd see that the articles are from people actually working in the area of expertise. That's one of the reasons I post articles. Most of the time the articles are from supposed "experts" and sometimes they're opinion pieces where they've done cursory research. What would they get out of lying? Why would I lie? They can be wrong, and I could be wrong but no pumpkin...not this time.

Like I even put in this thread...at one time I advocated for the US government to out and out buy Tesla to make it a VW (car for the people) for all. I backed off the idea. Changed my mind. Not recently either. You do know that GM had EV's in the late 80's and early 90s? No. Too bad. They did and couldn't get it to marketplace to maintain profits. I was all over GM in the late 80's and early 90s'. I can actually say with 100% accuracy that I had been in each and every General Motors manufacturing, supply and foundries (to include locomotive and tank sites!) as well as testing sites in the North American hemisphere (for you that's Mexico, the US and Canada) and the coveted engineering site in Warren, MI. Been there, done that and hung around guys that I was lucky to have spent time with to share conversations about cars and EV's in general. When you want to come from a "uniformed" opinion stop projecting and looking in your mirror.

DrMaddVibe wrote:



What would they get out of lying??? You sir are plenty smart enough to know that steering public option on issues is big business. With opinions sold as facts, fact stacking, even lying - why not - big money at stake here. And there is big cash and fame to be had by simply selling what some what to hear. Alex Jones ain't poor you know.

I am fully aware of GM's EV-1. It was great. And the fact that GM chose not to peruse it, or could not make it work, are interesting 20th century stories to explore. But his is today. GM, Ford, and everyone else (everyone to speak of that is) are going all in on EV's.

Show me a car company that is not going EV and I will show you a loser.

Now you may think I'm dead azz wrong. You may think I know nuthin' bout nuthin'.
But you squat and watch - EV's are the future.
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Brewha
3 years ago

Ah yes…the taste of Brewha’s tears.


London (CNN)
—
BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022, benefiting from the surge in oil and gas prices that followed Russia’s invasion of Ukraine.

TotalEnergies capped off the historic series of earnings Wednesday when it reported annual profit of $36.2 billion, more than double the previous year’s earnings.

This extraordinary increase in profits has been replicated across the other Western energy giants, and shareholders have been rewarded with enormous windfalls.

HockeyDad wrote:


Don't you have a day job?
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Abrignac
3 years ago

Saying Oil and Gas companies posted record profits is "alarmist...class warfare"? sounds like you have a bit of an ax to grind.

The struggle of class against class is a political struggle. Telling those who raise concerns about the politics of taxation to STFU is a pretty conservative approach to politics - meaning rude. You want to carry that tax burden for companies - have at it 'ol boy.

Me, I'm here to extol the virtues of the obviously misunderstood new technologies. Not that everyone is going to "get it" any time soon - but sooner or later people will start to figure it out. Politics notwithstanding.

Brewha wrote:



Again you’re using hyperbole. Did these conglomerates have record profits due to increasing their profit margin or were said profits based on the same margin yet increased revenue?

BTW, you didn’t answer my question. Do you have a 401k? If so, did you refuse the earnings posted by energy sector company company stock held by your 401k? Enquiring minds want to know.
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HockeyDad
3 years ago

Don't you have a day job?

Brewha wrote:



Yes, in green energy. I took the afternoon off though. Chin up buckaroo…



Feb 8 (Reuters) - Tesla Inc's (TSLA.O) Model Y and Model 3 electric vehicles were the top-sellers in California last year, outselling Toyota Motor Corp's (7203.T) RAV4 and Camry models, according to an industry body report.

It is the first time a Tesla model topped the annual sales list in California, a major vehicle market where one in five cars is electric.

Austin, Texas-based Tesla sold 87,257 Model Y electric sport utility vehicles and 78,934 Model 3 electric sedans last year, while Toyota sold 59,794 units of its RAV4 SUV and 55,967 of its Camry sedans, the California New Car Dealers Association said in its report.
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Brewha
3 years ago

Again you’re using hyperbole. Did these conglomerates have record profits due to increasing their profit margin or were said profits based on the same margin yet increased revenue?

BTW, you didn’t answer my question. Do you have a 401k? If so, did you refuse the earnings posted by energy sector company company stock held by your 401k? Enquiring minds want to know.

Abrignac wrote:



The point is people cry about the cost of gas, blame the administration, while these heavily subsides companies pay little tax and set record profits. Not that the good people working in the oil and gas field are not good Americans - profit is always good. By either method - don't you think?

Yes I have a 401k. Who in their right minds would refuse profits from companies they subsidies and invest in?

btw, I'm not sure you are using the word hyperbole correctly....
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Abrignac
3 years ago

The point is people cry about the cost of gas, blame the administration, while these heavily subsides companies pay little tax and set record profits. Not that the good people working in the oil and gas field are not good Americans - profit is always good. By either method - don't you think?

Yes I have a 401k. Who in their right minds would refuse profits from companies they subsidies and invest in?

btw, I'm not sure you are using the word hyperbole correctly....

Brewha wrote:



Well I have no problem with record profits as long as see my statement above.

I think I’m using it correctly. I do so in response to you harping on record profits without considering where they are doing something more nefarious than before or just benefiting from the here and now.

I high brings me back in o my stfu comment. You’re b1tching about it but, I don’t see you turning down the fruits.
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plinytheelder
3 years ago
My only comment on this whole topic is:

Are you going to tell us that the development of the ICE hasn't happened? Of course it has, for over 100 years. Imagine how far electric cars would be if THEY had gone through a 100 years of development. Look how far battery technology has gotten in a short time...

Unless, you believe that the inventors of the last century had all the answers and there is no way to improve on what they did. On that, I believe a better way to power a car exists, and will be developed and put the entire discussion to rest.
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Brewha
3 years ago

Well I have no problem with record profits as long as see my statement above.

I think I’m using it correctly. I do so in response to you harping on record profits without considering where they are doing something more nefarious than before or just benefiting from the here and now.

I high brings me back in o my stfu comment. You’re b1tching about it but, I don’t see you turning down the fruits.

Abrignac wrote:


Bitching Sir, is as American as it gets....

And I still think they price gouge us.
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Gene363
3 years ago
Is this the new, but unsanctioned 500?
The escape pod: https://cigarbid.freeforums.net 
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Abrignac
3 years ago

Bitching Sir, is as American as it gets....

And I still think they price gouge us.

Brewha wrote:



You drive an electric car. They’re not price gouging you so stop b1tching.

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Brewha
3 years ago

You drive an electric car. They’re not price gouging you so stop b1tching.

Abrignac wrote:


My wife drive a gas car. So I will b1tch on her behalf - and the good of the American people!

You know, I think you are trying to infringe on freedom of speech….:-k
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Speyside2
3 years ago
It's a lonnnnnnnnnng ways off. The concept of a fusion powered electric car is interesting. It sure would be great to see in my lifetime.
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