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Topic: Long term OIL - page 46. (Read 91936 times)

legendary
Activity: 2464
Merit: 1145
February 22, 2016, 06:11:52 PM
Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.

no, you would exchange your discharged battery for a recharged one at the "gas" station.
but thats all future, we need better energy sources and then we can think about switching to the infrastructure needed.
newbie
Activity: 52
Merit: 0
February 22, 2016, 04:53:23 PM
Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.
legendary
Activity: 2044
Merit: 1115
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February 22, 2016, 03:31:43 PM
Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.
legendary
Activity: 2464
Merit: 1145
February 22, 2016, 06:08:37 AM
how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?

It is risky because the volatility is far too high. Commodity futures are much more volatile than equity futures. If you are really unlucky, then you can lose all of your investment in a matter of few hours. That is the reason why I restrict myself to equity trading. I never venture in to the commodity market. It is not for people like me.

Guy has no clue what he is talking about lol

I would triple check everything he says Roll Eyes 
hero member
Activity: 560
Merit: 500
February 22, 2016, 05:49:39 AM
Oil like a "dollar" for a long time will stay speculative good because US already
 have monopoly on a production and whole world is depend on their mercy.
This is clear and for a longer time we will see price manipulations, sometime without any cause
(visible cause-economic related).
http://journal-neo.org/2016/01/09/russia-breaking-wall-st-oil-price-monopoly/
legendary
Activity: 3766
Merit: 1217
February 22, 2016, 04:12:54 AM
how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?

It is risky because the volatility is far too high. Commodity futures are much more volatile than equity futures. If you are really unlucky, then you can lose all of your investment in a matter of few hours. That is the reason why I restrict myself to equity trading. I never venture in to the commodity market. It is not for people like me.
sr. member
Activity: 434
Merit: 511
February 21, 2016, 06:00:18 PM
I don't think u should go for a long term investment in oil.

Imagine the day we don't need Oil anymore because we have new ways of fueling our transportation.

Oil will be obsolete and the price will plummet!
hero member
Activity: 560
Merit: 500
February 21, 2016, 05:21:01 PM
Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?
member
Activity: 70
Merit: 10
February 21, 2016, 04:06:55 PM
Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.

legendary
Activity: 2044
Merit: 1115
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February 21, 2016, 03:46:08 PM
In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?

You don't own the security, you own a derivative based on the security issued by 1broker. It's riskier, I'd avoid and stick to mainstream brokers if you actually want to invest in something.
legendary
Activity: 2044
Merit: 1115
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February 21, 2016, 03:39:42 PM
According to the official report of the International Energy Agency (IEA) the world's oil demand has dropped from Q3/2015 to Q1/2016.
Source: https://www.iea.org/oilmarketreport/omrpublic/

The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.

One quarter sequential drop doesn't change the trend. There are variations quarter to quarter based on the seasonality of oil consumption. The trend is still going up.
sr. member
Activity: 462
Merit: 250
February 21, 2016, 08:56:43 AM
"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

With the cheap fuel price now, will the electricity car be used less in the near future. Does the Tesla sale fall?

Tesla can't fall or fail, it's unique and really interesting.

It's a luxury item!
hero member
Activity: 504
Merit: 500
February 21, 2016, 08:54:34 AM
I think the oil industry is now losing its importance as the most important means of fuel for the modern industry.
We are now watching an industry shift that will take the leadership of oil onto electricity.
full member
Activity: 201
Merit: 100
February 21, 2016, 06:57:45 AM
"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

With the cheap fuel price now, will the electricity car be used less in the near future. Does the Tesla sale fall?
sr. member
Activity: 462
Merit: 250
February 20, 2016, 02:53:10 PM
how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?
legendary
Activity: 3766
Merit: 1217
February 20, 2016, 02:30:59 PM
how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.
sr. member
Activity: 462
Merit: 250
February 20, 2016, 08:48:16 AM
Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it Wink

Plastic is in the food,its not just in a plastic bag or the more obvious sources. The fact Europe is changing does not stop the third world Countries from going ahead as normal. The day of no oil are still a long ways off.
Funny aspect about being human is how quick we rush into a new source of energy or cheaper product to only find out later it was worse.

We always do that, that's how humanity works ^^
tyz
legendary
Activity: 3360
Merit: 1533
February 19, 2016, 01:38:55 PM
The site is around the corner for over three years now. I made good experience. Good support and real time statistics and payout.

In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?
member
Activity: 98
Merit: 10
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February 19, 2016, 01:33:45 PM
"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

This is something that can go back and forth,reality is that things move at a slower pace than most would like.
As long as third world Countries are playing catch up Oil is the quickest way for them to achieve this.
Wars are still being fought over oil under the guise of freedom or Terrorism. Long as you still see that Oil will stay king.
sr. member
Activity: 308
Merit: 250
February 19, 2016, 08:19:33 AM
"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.
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