Money & Economics

[mat200]

Forget AI and Nvidia

Invest in OF

$37.6M revenue PER Employee !!

good thing the creators are independents ..

hmm wondering when the leftist mob comes after OF to pay their content creators medical and a pension

 

[mat200]

Soon …

man, with the electricity demand going up due to AI data centers and EVs I really feel sorry for those in places like Berkley CA and other cities who were forced to go all electric power in their new builds and remodels ..

Electricity just going to go higher unless we accelerate power generation ..

 

[tigerwillow1]

with the electricity demand going up due to AI data centers and EVs I really feel sorry for those in places like Berkley CA and other cities who were forced to go all electric power in their new builds and remodels ..

Electricity just going to go higher unless we accelerate power generation ..

I'm probably in the minority here, but I think rooftop solar is just as big a factor, if not bigger, for rates going up. Regulations vary by state, I use Oregon as an example. A "net zero" house pays nothing except a ~$15 monthly administrative fee. Yet the power company has to provide and maintain the generation and distribution infrastructure to deliver peak demand to that house on a 24x7 instant availability basis. Who is paying for this infrastructure? The other ratepayers, of course, via higher rates. Extrapolating to the max, if every house was net zero, there would have to be the huge infrastructure with nobody at all paying to build and maintain it.

Some other states have begun to limit the damage. In Oregon, solar power pushed to the grid is credited at the retail rate, even though the power company has to transport it to a power consumer at no cost. Some other states have moved to buying the power at their wholesale rate instead. California especially has placed some heavy restrictions on new installations, one of which is requiring a battery to help smooth out the spikes on the grid. In the earlier days, a few houses here and there with rooftop solar didn't make much impact on the grid. Now, every new installation just makes the problem worse.

 

[Chokolinho]

 

[bigredfish]

An ounce of silver is now worth more than a barrel of oil
That has only happened once before, for a brief moment in the late 1970s

 

[bigredfish]

Boy are some MAGA folks gonna be pissed when the Dems take control of the House and likely the White House in 3 years.

What companies do you suppose they'll buy to control? hmmmmm

 

[bigredfish]

Golden Age... I'ma buy me a big ol Standing Rib

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

[td]

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)​

[/td]​

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
1993				1.078	1.100	1.097	1.078	1.062	1.050	1.092	1.066	1.014
1994	0.998	1.009	1.008	1.027	1.047	1.078	1.106	1.155	1.144	1.114	1.119	1.129
1995	1.130	1.120	1.119	1.157	1.225	1.239	1.201	1.170	1.158	1.134	1.109	1.118
1996	1.137	1.136	1.183	1.275	1.324	1.300	1.272	1.251	1.247	1.249	1.278	1.282
1997	1.283	1.276	1.251	1.244	1.245	1.242	1.220	1.268	1.276	1.242	1.216	1.177
1998	1.132	1.096	1.064	1.077	1.105	1.103	1.094	1.065	1.049	1.059	1.036	0.987
1999	0.980	0.962	1.022	1.171	1.171	1.154	1.197	1.260	1.295	1.285	1.292	1.313
2000	1.329	1.415	1.556	1.506	1.526	1.666	1.591	1.506	1.588	1.571	1.557	1.483
2001	1.487	1.490	1.450	1.591	1.738	1.658	1.466	1.461	1.557	1.357	1.212	1.127
2002	1.148	1.155	1.289	1.439	1.434	1.424	1.438	1.438	1.441	1.486	1.461	1.429
2003	1.500	1.655	1.734	1.633	1.539	1.533	1.554	1.661	1.721	1.606	1.555	1.522
2004	1.614	1.690	1.778	1.839	2.023	2.013	1.954	1.920	1.912	2.042	2.023	1.887
2005	1.875	1.953	2.120	2.285	2.205	2.198	2.333	2.529	2.951	2.765	2.303	2.229
2006	2.360	2.326	2.468	2.787	2.953	2.930	3.025	2.999	2.606	2.293	2.275	2.359
2007	2.289	2.323	2.609	2.891	3.187	3.102	3.011	2.834	2.849	2.853	3.128	3.070
2008	3.095	3.078	3.293	3.507	3.815	4.105	4.114	3.833	3.756	3.112	2.208	1.745
2009	1.840	1.975	2.011	2.102	2.316	2.681	2.582	2.670	2.609	2.605	2.706	2.663
2010	2.769	2.699	2.824	2.900	2.890	2.785	2.782	2.783	2.757	2.853	2.913	3.048
2011	3.148	3.264	3.615	3.852	3.960	3.735	3.705	3.696	3.667	3.506	3.443	3.326
2012	3.440	3.640	3.907	3.958	3.791	3.596	3.498	3.780	3.910	3.812	3.521	3.381
2013	3.391	3.736	3.779	3.638	3.675	3.689	3.661	3.645	3.604	3.420	3.322	3.357
2014	3.392	3.434	3.606	3.735	3.750	3.766	3.688	3.565	3.484	3.255	2.997	2.632
2015	2.208	2.301	2.546	2.555	2.802	2.885	2.880	2.726	2.462	2.387	2.260	2.144
2016	2.057	1.872	2.071	2.216	2.371	2.467	2.345	2.284	2.327	2.359	2.295	2.366
2017	2.458	2.416	2.437	2.528	2.503	2.460	2.414	2.494	2.761	2.621	2.678	2.594
2018	2.671	2.705	2.709	2.873	2.987	2.970	2.928	2.914	2.915	2.943	2.736	2.457
2019	2.338	2.393	2.594	2.881	2.946	2.804	2.823	2.707	2.681	2.724	2.693	2.645
2020	2.636	2.533	2.329	1.938	1.961	2.170	2.272	2.272	2.274	2.248	2.200	2.284
2021	2.420	2.587	2.898	2.948	3.076	3.157	3.231	3.255	3.272	3.384	3.491	3.406
2022	3.413	3.611	4.322	4.213	4.545	5.032	4.668	4.087	3.817	3.935	3.799	3.324
2023	3.445	3.501	3.535	3.711	3.666	3.684	3.712	3.954	3.958	3.742	3.443	3.257
2024	3.197	3.328	3.542	3.733	3.725	3.576	3.600	3.507	3.338	3.261	3.175	3.139
2025	3.196	3.247	3.223	3.299	3.278	3.276	3.250	3.258	3.293	3.190	3.179

 

[bigredfish]

AI reality beginning to set in…. maffs are hard..

 

[David L]

Thanks to Dem states like California, those gas prices above are skewed...

I remember paying .99 cents back in 2000, now I just paid $2.29 yesterday, 25 years later. The US has Zero complaining about our gas prices compared to other Western countries.

https://money.usnews.com/money/personal-finance/spending/articles/a-look-at-gas-prices-around-the-world

I think Diesel is what we should keep an eye on since alot of goods travel/are shipped that way. It is cheaper to make diesel, I have been told, yet the prices are still too high...

 

[bigredfish]

So is California better now that prices are coming down?

Prices are coming down because there is less demand for oil. Been coming down sharply since 2022.

If it doesn’t matter why does Trump keep talking about it?

And how much gas consumption does your small town do in a year?

Spot prices in various small population centers have nothing to do with the National average

You can probably say eggs are free because your neighbor gives them away, doesn’t effect the national metric

 

[bigredfish]

 

[bigredfish]

 

[bigredfish]

 

[David L]

So is California better now that prices are coming down?

Prices are coming down because there is less demand for oil. Been coming down sharply since 2022.

If it doesn’t matter why does Trump keep talking about it?

And how much gas consumption does your small town do in a year?

Spot prices in various small population centers have nothing to do with the National average

You can probably say eggs are free because your neighbor gives them away, doesn’t effect the national metric

Our small town is 20 cents higher than the big city I actually paid Too Much compared to Houston:

 

[bigredfish]

Ok you win.

You know the avg price is for all grades combined?

Golden Age Baby!

 

[bigredfish]

Praise the Lord and Donald Trump!
We’re Saved.

Gotta run and get that Rib Roast

 

[David L]

Ok you win.

You know the avg price is for all grades combined?

Golden Age Baby!

Win? Haha, what did I win? lol

Did not know my post are being policed...

Just sharing facts, not a bunch of numbers... hahaha...guess I live in a bubble or under a rock...lol

I have never bought gas in our small town, BTW. We still shop in the big cities, our town only has Family Dollar, which the wife calls our Mall, hahaha...

 

[bigredfish]

But they save 10’s of $ on gas !

 

[bigredfish]

Fact Check:
There are 66 fewer wells today than on January 19th. There has been no drilling, let alone drill baby drilling.

 

[bigredfish]

So I went to get that Rib Roast and they told me I didn';t have enough money

SO I showed them this and did the math:
Savings vs last year $0.21 per gallon
X 32 gallons for the month
= $6.72

The Rib Roast (5lb) apparently costs $121.23