An important side-effect of EVs - cheap crude oil and its products

An important side-effect of EVs - cheap crude oil and its products

Historically, up until the 1970s, oil cost around $30/barrel, reflecting the cheap cost of producing it in the Gulf. Then it shot up due to the OPEC embargo following 1973 Israel war, and never came back down to the $30s again except for a couple very short periods.

Now with EVs flattening and eventually decreasing oil consumption, we could see the return of sustained super-cheap crude oil, assuming "geopolitical" shenanigans that *conveniently* raise the price of oil don't continue to happen.

Inflation adjusted price of oil per barrel

Oil demand projection by British Petroleum

reddit.com
u/New-Bumblebee7676 — 23 hours ago

Is it better to make a game with simple geometry and path tracing, or complex geometry and rasterized/hybrid RT graphics?

I recently played the Dark Souls 2 path traced mod and was surprised to see it running at 1080p 60 fps on my low end GPU (RTX 3050 Ti)

Of course its a 13 year old game, so the geometry and effects are simpler. But it looked better to me than some modern games with more advanced geometry but worse lighting effects.

So I'm wondering in your opinion, in your ideal game would it be better to have less polygons and better lighting, or vice versa?

reddit.com
u/New-Bumblebee7676 — 5 days ago

What does the Baknamy bestiary text mean? Does it refer to some event/lore in the game?

Page 1: Observations

Humanoid race closely resembling humes, save for the small horns atop their heads. Diminutive in size, even adults grow no larger than Hume children. Unable to breathe untreated air, they must wear filtering masks to survive.
The greater part of baknamy live in poverty, and their frequent association with criminal activities has led to much prejudice and hatred of their people among hume society.

Page 2: The Wolf in the Woods

A truth: Things there are in this world not meant to exist in harmony with one another, whether they be so close as to touch, or so far as to never know of the other's being. Actions were taken in defiance of this truth, and indeed, they stirred the imagination of the world, yet only served to hasten the inevitable end. Who can say this is not the preferable outcome?
Amata, Philosopher

Listen! A village there was between the mountains and the sea. It was a peaceful village, yet with one abiding fear: a great wolf that had come to live in the forest nearby. None knew when or whence this violent beast had come, yet his howls crept over cobblestone and rang in the rafters, setting the villagers to trembling. Yet the wolf howled not to threaten, but for loneliness. Indeed, he sought the friendship of the villagers, not their flesh.

A hunter from the village came, and saw the wolf, and understood its cry. So he sought to help the beast. "Wolf, do you know why you are feared? It is because your aspect is frightful to us." The wolf asked what he might do to amend this, upon which the hunter replied, "Wolf, I shall cast a magick upon you so that you might have the form of a man." And by the time the hunter finished speaking, the wolf had indeed been transformed. The wolf thanked him, but the hunter gave him a warning, saying, "You are a man only in appearance. Know this: you must never speak, for you are a wolf, and that is the way things should be.

The wolf that walked as a man left the forest and went into the town. His new face glowed with joy, for now he would have friends. The people on the street viewed this stranger with suspicion at first, yet his smile won him their trust and welcome. The wolf was moved by the smiles they returned him, for he had never seen men showing anything but fear. Yet he did not speak, for that is the way things should be. So was this a joyous time for the wolf. But soon it grew dark. The wolf returned to the forest, a wolf, no longer a man. That night he did not howl, but drifted off to sleep thanking the hunter who had given him such a wonderful day. And the hunter saw the wolf, and he was glad.

Listen! A village there was between the mountains and the sea. A peaceful village, for fear was dead, slain by the proud hunter whose blood-song sounded over cobblestone and rang in the rafters, easing the villagers' fitful sleep. And the hunter did not doubt, nor did he cease his song ...until the day a great pack of wolves descended on the village. For that was the way things should be.

u/New-Bumblebee7676 — 7 days ago
▲ 0 r/energy

What do we do with the vast amount of coal in the world that will be unused due to decarbonization?

There's 1000 BILLION tonnes of coal sitting in reserves worldwide.

At current rates of consumption, this will last humanity 120 years. Due to decarbonization of electricity and steel industry, this runway will increase to 200 years by 2050. Eventually coal will not be used much at all and billions of tons will be wasted.

Now that's a gigantic amount of coal just sitting in the ground. Coal is cheap to mine, it costs about $25/ton. We need to find alternative uses for it instead of just letting it sit there.

Some currently viable examples are coal gasification to reduce natural gas imports, coal liquefaction to reduce crude imports, converting coal into chemicals like methanol, ammonia, fertilizers, solvents, waxes etc. But these are used in much lesser volumes than what we burn for electricity and heat.

What's your opinion? What do we do with coal?

reddit.com
u/New-Bumblebee7676 — 1 month ago

Liberals are hypocritical about immigration when it comes to H1B immigrants

Many time in liberal and even leftist spaces on Reddit, I see criticism of H1B immigration get highly upvoted. They use the exact same arguments that right-wingers use, like how immigration is used to drive down wages and increase competition among workers.

But if you mention the same thing about illegals and non-H1B immigration in general, you get called a Nazi or fascist or racist.

This hypocrisy is not difficult to explain of course. Liberals/leftists generally don't work in the kind of blue-collar jobs where they have to compete with non-H1B immigration. But they DO work in the kind of jobs where they compete with H1Bs.

I think liberals should stop being hypocrites and do EITHER of 2 things :

  1. Admit the right-wing is correct about immigration

  2. Stop criticizing H1B immigration

reddit.com
u/New-Bumblebee7676 — 1 month ago