Skip to main content

THIS BLOG IS 15 YEARS OLD

But first, a news flash:  DONALD TRUMP FOUND GUILTY.  E. JEAN CARROL IS AWARDED $5 MILLION.  What will this mean to his presidential candidacy?  Well, the worst is yet to come.  Democrats will try to delay any further prosecution of this heel, for they want him to screw up the Republican Party.

My very first posting occurred on 29 April 2008.  It was entitled SIMPLE SOLUTIONS for Planet Earth and Humanity, the title of this blog.  I said:

Some relative costs per gallon:

Gasoline in USA $ 3.50
Gasoline in Hong Kong $ 7.50 (similar to Europe)
Scope Mouthwash $ 15.00
Gallon of Beer in Restaurant $ 20.00
Evian (naïve backwards) $ 21.00
Brake Fluid (mostly oil) $ 34.00
Johnny Walker Black Label Scotch $ 160.00
Vick’s Nyquil $ 180.00
Channel #5 Perfume $4000.00
Computer printer ink $5000.00

I further said the price of petroleum just shot past $110/barrel, but that is only $2.62/gallon.  Energy is expensive, but cheap.  

  • If you scroll down the right column, you can see that at this moment WTI Crude Oil is $73.16 ($1.74/gallon), or $36.84/barrel cheaper than 15 years ago.  
  • Also, throughout Europe today, gasoline costs around $5.50/gallon, $2/gallon cheaper than in 2008.  
  • Incidentally, 15 years later, a gallon of Johnny Walker Black Label costs around $172, or a little more expensive than in 2008, although depending on where you go, you can also here and there find it for about $160/gallon.

I also said:  Green Energy Would Be Cost Competitive…If Polluters Were Charged for Dumping Carbon Dioxide into Your Atmosphere.

A year later the Huffington Post published my article on The Carbon Dioxide Credit Program.  Read that article.  If the world had followed my recommendation, global warming would today just be a minor annoyance.  But back to my initial posting:

Electricity from coal and nuclear sources costs about 3 to 4 cents / kWh to produce. Under ideal conditions, wind power and geothermal energy electricity is in the range of 4 to 6 cents/kWh. Solar photovoltaic electricity is today more than 20 cents/kWh, and even with the latest Nanosolar thin film development, will exceed 10 cents/kWh, although utility scale facilities show promise.  

Any changes in 15 years?  If you read this Energy Information Agency report of the Department of Energy you will be totally confused.  So at random I picked Table 4b:

                                        Cents/kWh   

Advanced nuclear              $0.08     

Coal                                   $0.04 to $0.09, the lower cost are old plants,

                                                     carbon control more than doubles the cost

Geothermal                       $0.04     

Biomass                            $0.09      

Wind, onshore                   $0.04

Wind, offshore                  $0.11

Solar, standalone              $0.03

Solar, hybrid                     $0.05

Residential PV                 $0.15

Hydroelectric                    $0.06

Battery storage                 $0.13

Keep in mind that the capacity factor (percentage of time in production of electricity) is relative high for baseload systems like nuclear and geothermal, middish for natural gas and coal, remarkably low for hydropower, and lower still for wind and solar energy.  Battery storage is very expensive.  In short, utility solar energy costs have considerably dropped from 15 years ago, but the 20 cents/kWh cost of residential PV remains somewhat high at 15 cents/kWh.  PV panel costs have significantly dropped for home application, but all other costs have actually gone up, like labor.

The above data are spotty.  So is the info from Wikipedia.  This is because every project, at home or utility-scale, depends on the wind conditions for wind energy, clouds for solar energy and other factors.

                                    Cents/kWh

PV fixed axis, utility   $0.028 to 0.11

PV residential             $0.13 to 0.22

Wind onshore             $0.03 to $0.05

Wind offshore            $0.08 to 0.12

Hydroelectric             $0.02 to 0.07

Geothermal                $0.06 to 0.10

Coal, carbon cap.       $0.06 to 0.15

Natural gas, peak       $0.05 to 0.07

Exactly 15 years ago, my 9 May 2008 posting was:  Oil Prices Hit New High.

  • Petroleum rose to $126.04/barrel that day.
  • Went to $134/barrel in June of 2008, but collapsed to $41/barrel in December.
I've been following oil prices since the first Energy Crisis in 1973.  
  • Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the U.S. in retaliation for our decision to help Israel, causing the first crisis in October of 1973.  That red line is the inflation adjusted oil price, where the jump was from $24/bbl to $55/bbl.  The real prices then were approximately from $3/bbl to $10/bbl.  The stock market tumbled.
  • Then came the second Energy Crisis in 1979, where oil rose from $66/bbl to $149/bbl.  This was caused by our political problems with Iran, where much of the world also suffered long gasoline lines.
  • Both inflation and stagflation occurred, causing unemployment to increase.
  • In other words, politics and the price of oil had much to do with world economic conditions.
  • Note that the price of oil began to jump from 2007, reaching this "inflation-adjusted" high of $174/bbl in June of 2008.  Guess what caused the Great Recession?  Oil prices triggered everything.  Sure the banks and stock market reaction are what we see, but most don't blame oil for our economic problems.
  • I wrote a paper a few decades ago tracing how unemployment rates for the U.S. and world followed the increase in oil prices.

Well, enough of that.  The period from April 29, 2008 to today is a span of a little more than 15 years.  Every day for 15 years.  How dedicated is this?

  • From kindergarten through high school graduation takes 13 years.
  • Thus, my blog length equivalence began as a kindergartener, and I'm today just about to start my junior in college.
  • Just 15 years doesn't mean much to most.  But recalling how long it took from starting school to being in college is almost traumatic.
  • But, when you go to school, you have weekends off, plus the the various holidays and spring/summer periods when you don't go to school.
  • I have been doing this, with rare exceptions, for 5476 straight days.
I'll leave you in awe with just that.

- 

Comments

Popular posts from this blog

ON THE MATTER OF PUBLIC HOLIDAYS

Hawaii today celebrates King Kamehameha the First Day as a public holiday.  Next Monday, June 19, or  Juneteenth,  is a Federal holiday.  However, 22 states, including Hawaii, do not recognize this as a public holiday.  Four of these will begin to honor this day next year, not Hawaii.  Juneteenth commemorates the end of slavery.  Here are the Hawaii holidays, and note three that only we have: New Year’s Day: 1st day in January Dr. Martin Luther King, Jr. Day: 3rd Monday in January Presidents’ Day: 3rd Monday in February Prince Jonah Kuhio Kalanianaole Day: 26th day in March Good Friday: Friday before Easter Easter:   Calculating Easter Memorial Day: Last Monday in May King Kamehameha I Day: 11th day in June Independence Day: 4th day in July Statehood Day: 3rd Friday in August Labor Day: 1st Monday in September Veterans’ Day: 11th day in November Thanksgiving Day: 4th Thursday in November Christmas: 25th day in December There are  11 paid Fede...

THE ENIGMATIC PHIL SPECTOR

The first presidential debate of Donald Trump and Joe Biden ended up in a near tie.  Both lost.  However, it was an unmitigated disaster for Biden, who just might be too old to win this re-election. For Trump, it was a reinforcement of what he does all the the time, lie.   There will be significant calls for the Democratic Party to work out "something" to replace Biden as their presidential candidate.  Suddenly, Kamala Harris, Gavin Newsom and Michelle Obama are added to the spotlight.  But what can "legally" occur at the August Democratic Convention? The situation is different on the Republican side, as Trump is the Republican Party, and no matter if he gets 4 years at his felony sentencing on July 9, or even if the Supreme Court determines he is not immune next week or later, he will be the presidential candidate. Trump is a damned boastful liar and convicted felon, but that is the only option for Republicans.  His vice-presidential choice now become...

NETFLIX vs DISNEY+ vs AMAZON PRIME

This is now   Day 39 of the government shutdown .  I earlier this week predicted that this should all be over by yesterday.  Well, the Senate is having a rare Saturday session, and the 15th vote on advancing the House-passed continuing resolution could be advanced later in the day,  But Senators are not close to reaching an final agreement. Over the past decade, my streaming was "limited" to Netflix and Amazon Prime.  15 Craigside also has Showtime, but recently made available, for FREE, Disney streaming services:  Hulu, HBO Max and ESPN+, my posting yesterday.  So today I compare the Disney+ family with Netflix and Prime. I now pay for Netflix, something I've been doing for more than 15 years.  Same for Amazon Prime.  I calculate that I've spent around $5000 during this period. Amazon Prime? I buy things through Amazon, and the TV part comes with it. So I'll continue. Netflix? I am charged $18/month. Should I continue, now that I have all th...