How are you doing?

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Tarsier79
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Re: How are you doing?

Post by Tarsier79 »

I look forward to the read Oystein.
daanopperman
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Re: How are you doing?

Post by daanopperman »

Hi guys ,

If I had lots of money I would spend it all on gas , and store it for the day there will be a scarcety of it , it will happen sooner than you think .

At the moment electric cars is coming off the production line @ a rate of 2000 a day from one company , soon it will double to 4000 a day . Say each car has a fuel capacity of 50l , times that every day for one year plus say another 50l per month for each car already delivered , the demand for it will drop exponentially .
A barrel of crude if cracked yield everything from tar for roads to wax for hand balm . If the demand is not there all the byproducts will vanish from this source . The price will double every so often as the demand will diminish , and it will become so expensive that it will not be profitable for the Big Oil companies to extract . You will only buy gas for your ICE car to drive to the Christmas party to show off your V8 . Smaller companies will produce synthetic fuel , for it will be with us for a long time , but it will be expensive , very expensive .
All those small $5000 cars from China will not at all have any impact on the demand for fuel , for the one billion Chinese that never had a car did not consume any fuel in the first place . It will be the more expensive and luxury cars that will replace all the ICE cars . In the next year or so , start the production of Electric Trucks , each capable of digesting 2000l of diesel , twice a week , man it is going to slaughter the s--d m--k--s .
I cannot wait to see the Arabs eat dates and drink oil , for all the years they were a thorn in my side . Opec will cease to exist .
Of course there will also be other losers , like the companies making ICE cars now , of all the brand names on the map today very few , maybe 2 might survive . All the car manufacturing plants across the world have accumulated so much debt that if they try to swing to electric vehicle production now it will bankrupt them , they have to sell ICE (internal combustion engine ) cars as before to keep alive , (as they barely do ) and set up a plant somewhere to develop a BEV (battery electric vehicle ) or two . This will drive their debt to double , so that the products they present to the market will not be profitable for them . Form all the BEV manufacturing plants today , I know of only one that sell their products at a profit , all others do so at a loss , IOW as they ramp up production of BEV the damage just increases , while their profit from ICE cars is diminishing .

Bitcoin is not something I will ever buy , I need security . $50 000 is not what I expect to cost to mine one bitcoin , where is the rest of the money that did not go for covering the mining cost , sooner or later the bubble will burst , and someone has money collected which no one can trace and everybody will blame anybody while nobody will get somebody's money .
daanopperman
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Re: How are you doing?

Post by daanopperman »

The only ebv manuf. plants profable is China and Tesla .
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