If you have heard the nonsense put out by blind Tesla fanboys that Range Anxiety is a thing of the past, watch this video to get the real information. I recently had to do a loop from Calgary to Lethbridge, Alberta and back. Because Lethbridge has only 1 charger and it is only a 220 volt tied to the Holiday Inn, I had to go through a small town named Fort Macleod, Alberta which has a very nice set of…
What is the “best” electric vehicle? That is a subjective question for sure, but using mass market proven components combined with a price regular people can actually afford are to of the most important parts of the formula. The Fisker Ocean EV will be the least expensive, highest quality electric drive SUV on the planet. According to the founder, Henrik Fisker, designing your own parts and assembling your own vehicle is an expensive fools game. Using the Volkswagen MEB electric…
Tesla fan boys will tell you that the Model S, 3 and X are the greatest vehicles ever put into production and that “…none of the brain dead dino-juice legacy car companies will ever catch…” (actual quote from a Telsa buddy of mine). In this video we discuss more than a dozen Tesla problems or shortcomings, many of which are quite unexpected. From excessive road noise, to a lack of basic radio management tools (like mute and reordering favorites), to…
It should not have come as a surprise to us that several people have made snide comments about our review of General Motors new Ultium batteries but it did. So let us quickly clarify a few things. There is no suggestion that the GM’s Ultium EV battery packs will leap frog GM or any other company into market domination. Low cost, flexible packaged, high capacity, fast charging, EV battery packs are a necessary but NOT sufficient element for domination. So…
As word spread last week that Tesla is likely to change to hexagonal from the cylindrical batteries it has used for a decade, GM that usurped the whole efficiency debate by showing off their innovative new flat pack batteries they call “Ultium”. They are higher density at a much lower cost than any other companies battery pack and can be charged at a massive 800V providing a 100 miles of range in just 10 minutes. It appears that GM will…
To say that the Tesla CyberTruck is unorthodox is like saying cheese is not metal; it’s a bit of an obvious understatement. Most people think that the CyberTruck is incredibly ugly but others see it as bold step.However, a business analysis of Elon Musks latest creation went something like this: Tesla cannot afford to further erode profit margins by producing mass market priced vehicles Tesla cannot be distracted by another complex and expensive assembly line Tesla has now proven they…
Headlines like Yes, oil is dead. Just read the writing on the wall. , The coronavirus pandemic may have one silver lining: the potential collapse of big oil. and Green Party declares that “oil is dead” are not only misleading and inaccurate, but also dangerous. Unfortunately, these types of headlines are always from those in the first world. Often with the best of intentions (though not always), they look around their regional environments and see decreased consumption. They then…
Few people can envision a world with a greater economic shutdown than what we have seen in the COVID-19 Pandemic. The bright side of this unprecedented collapse is the world has seen skies over industrialized cities cleaned up to a degree many thought impossible. It is an undeniable fact that COVID19 shutdown has shown us what is possible and that is the problem. COVID19 Pandemic Cleared the Air On the up side take a look at this excellent two minute…
I recently had the opportunity to watch “Michael Moore Presents Planet of the Humans” and while I expected it was going to be about how the math of some forms of “green” energy just doesn’t add up environmentally, it turned out to be something completely different. Where is the Energy Fairy? It turns out that there is no energy fairy. The green Illuminati does seem to have convinced the green masses that they have to wait for a magical energy…
As someone that works in Alberta’s oil and gas exploration industry that was just notified his company is pulling out of Canada before the end of 2020, I can understand how government bailouts and price controls are initially appealing to many. However, both price controls and bailouts significantly distort markets, causing all of us unnecessary pain. WHAT’S WRONG WITH GOVERNMENT BAILOUTS? Much more importantly bailouts encourage companies to take risks or fail to plan for the future so they can…
Shale oil has been driven by investors with few places to put their money deciding that oil US and Canadian oil plays MIGHT work out. The fracking revolution (a.k.a the Shale Revolution) never made financial sense and investors started fleeing the business in 2019. By 2020 once booming areas like the Permian (under Texas and Oklahoma) have proven to be losers. If it takes $10 million and 2 years to get $8 million dollars in return, investors are not happy.…
After 50 years of serious oil and gas expansion it is time to rethink the options for Alberta’s economy. In every downturn, large or small, there is talk of “Western diversification” but nothing much seens to change. This time, it needs to be different. Is Calgary or even Edmonton as dependent on oil and gas as it was in the 1980’s and 1990’s? Definitely not, but if oil and gas jobs were cut in half those economies would collapse and…
We have seen gasoline prices plummet to as low as USD$1.29/gallon in the United States and CDN$0.58/liter in Canada. We knew that: the United States became the worlds largest producer of oil a few years ago thanks largely to the fracking revolution, and Russia and Saudi Arabia were quickly expanding production but we didn’t really have a grasp on scale. How big is the global oil market and where major oil producing countries like Canada, Iraq, Mexico and Venezuela lie…
We have received several comments from readers and friends saying that they expect gas prices to stay at this historical low rates because COVID-19 (see our new videos: How COVID Ends and COVID vs Spanish Flu vs SARs vs MERS) will likely drag out low demand for many months or even years. In Calgary you can buy gasoline at just $.58/liter and in New York, you can get it for as low as $1.69/ gallon! It is common sense the…
David Book, Managing Director of Clearview Energy Partners, does an excellent job of crystallizing the known issues and outcomes for the oil and gas industry over the next few years. Topics include: COVID-19 Trump Reelection Russia’s Tax Structure Saudi Pools of Cash De-Globalization Innovation .
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