Smarter than you: the oil market edition

[SSG Snuggle Bunny]

Outskirts of Blue

How Iran can escape the oil curse, and maybe help avoid the pressure cooker.
The idea just came to me. For Iran to save its people and land from a fate similar to Iraq's, it can take revenge on the world's punitive financial system and help wean the world off fossil fuels before our asses are cooked in one fell and brave swoop: take its vast oil reserves permanently off the market. Contaminate its oil fields with long-lasting nuclear isotopes. Set the example to other suffering quasi-colonial nations to get out of this dirty business too.

It seems an apt solution to me for oil fields all over the earth, we have all this nuclear waste that we need to store somewhere, and we have all this oil that will kill off many species if we burn it. Greedy selfish nuts cannot resist the fortunes still to be made exploiting oil. Burning fossil hydrocarbons is our Pandora's Box. This would be a desperate attempt to shut the lid on the oil and gas industry by forcing the global energy switch to alternatives.

If Iran and its oil are soon included in the never-ending wars to secure energy futures, if it becomes a US military oil depot, we will probably have lost the remaining chance to switch to solar power before the weather really goes haywire.

Fukushima and Chernobyl the big fricking oil fields, since we can't seem to resist buying and selling and burning the stuff.

Only self-inflicted massive nuclear poisoning will preserve the environment and keep people safe.

suivezlargent

If I were in Iran's position I would take the oil off the market and sell it all privately to the highest bidder.

Apparently we're a little hazy on the definition of "market"

http://www.leftunderground.com/threads/1623-How-Iran-can-escape-the-oil-curse-and-maybe-help-avoid-the-pressure-cooker

[Rebel]

suivezlargent

If I were in Iran's position I would take the oil off the market and sell it all privately to the highest bidder.

 

Apparently we're a little hazy on the definition of "market"

http://www.leftunderground.com/threads/1623-How-Iran-can-escape-the-oil-curse-and-maybe-help-avoid-the-pressure-cooker

 


BTW, look at that LUney's sig:

    The Stupid Shall Be Punished

...if only.

[Wineslob]

we will probably have lost the remaining chance to switch to solar power

It never existed idiot, go work on your perpetual motion machine.








FOR THE LURKING DUMMIES:

A "typical home" in America can use either electricity or gas to provide heat -- heat for the house, the hot water, the clothes dryer and the stove/oven. If you were to power a house with solar electricity, you would certainly use gas appliances because solar electricity is so expensive. This means that what you would be powering with solar electricity are things like the refrigerator, the lights, the compute­r, the TV, stereo equipment, motors in things like furnace fans and the washer, etc. Let's say that all of those things average out to 600 watts on average. Over the course of 24 hours, you need 600 watts * 24 hours = 14,400 watt-hours per day.

­From our calculations and assumptions abo­ve, we know that a solar panel can generate 70 milliwatts per square inch * 5 hours = 350 milliwatt hours per day. Therefore you need about 41,000 square inches of solar panel for the house. That's a solar panel that measures about 285 square feet (about 26 square meters). That would cost around $16,000 right now. Then, because the sun only shines part of the time, you would need to purchase a battery bank, an inverter, etc., and that often doubles the cost of the installation.

If you want to have a small room air conditioner in your bedroom, double everything.

Because solar electricity is so expensive, you would normally go to great lengths to reduce your electricity consumption. Instead of a desktop computer and a monitor you would use a laptop computer. You would use fluorescent lights instead of incandescent. You would use a small B&W TV instead of a large color set. You would get a small, extremely efficient refrigerator­. By doing these things you might be able to reduce your average power consumption to 100 watts. This would cut the size of your solar panel and its cost by a factor of 6, and this might bring it into the realm of possibility.

The thing to remember, however, is that 100 watts per hour purchased from the power grid would only cost about 24 cents a day right now, or $91 a year. That's why you don't see many solar houses unless they are in very remote locations. When it only costs about $100 a year to purchase power from the grid, it is hard to justify spending thousands of dollars on a solar system.

http://tlc.howstuffworks.com/home/question418.htm


Took me all of 2 min to find this.

It-does-not-work.

[Rebel]

It never existed idiot, go work on your perpetual motion machine.

[Skul]

Good grief.
Those LUnes are giving me a greater respect for Skims island.

Must save this...

suivezlargent

If I were in Iran's position I would take the oil off the market and sell it all privately to the highest bidder.

Instant classic.

[GOBUCKS]

Good grief.
Those LUnes are giving me a greater respect for Skims island.

Must save this...Instant classic.
[/quote]Au cntrainere. At the DUmp this guy would be a respected economist.

[DumbAss Tanker]

Whereas a sane person in Iran's position would just build a damn' big-ass cracking and refining facility, answering the country's energy needs for the next hundred years, minimum, with plenty of crude left to bring in hard currency.

Damn.  Them're some especially-stupid idjuts over there.

[jukin]

We've sold some high speed IR/convection dryers to the solar manufacturers over the years. Here is the inside skinny on solar power:

1. With government subsidies of 50% of purchase price, pay back (average household use and kw-hr cost) for the panels alone is 25 years.

2. Solar panels last 18-20 years.

That is all.


Solar panel cost WITH subsidizes ONLY, does not include inverters, installation, or batteries if used (battery life is about 6 years average).

[JohnnyReb]

We've sold some high speed IR/convection dryers to the solar manufacturers over the years. Here is the inside skinny on solar power:

1. With government subsidies of 50% of purchase price, pay back (average household use and kw-hr cost) for the panels alone is 25 years.

2. Solar panels last 18-20 years.

That is all.


Solar panel cost WITH subsidizes ONLY, does not include inverters, installation, or batteries if used (battery life is about 6 years average).

Look on the bright side, the junk/recyling dealers will get rich.

[JohnnyReb]

If I were in Iran's position I would take the oil off the market and sell it all privately to the highest bidder.

Hey, that's the same method the DUmmies have used for their labor...and it has worked well for them.

Hey DUmmies, get a job, the auction is over. You were a "No Sell".

[diesel driver]

Outskirts of Blue

How Iran can escape the oil curse, and maybe help avoid the pressure cooker.
The idea just came to me. For Iran to save its people and land from a fate similar to Iraq's, it can take revenge on the world's punitive financial system and help wean the world off fossil fuels before our asses are cooked in one fell and brave swoop: take its vast oil reserves permanently off the market. Contaminate its oil fields with long-lasting nuclear isotopes.

If Iahmadinynutjob and the rest of the weird-beard mullahs develop a nuke, Israel will be more than happy to fulfill that wish.

Set the example to other suffering quasi-colonial nations to get out of this dirty business too.

Yeah, teach them that building nukes to threaten your neighbors with annihilation will make your country glow in the dark eventually.