I will not, thank you very much.
Also, work won’t let me.
My phone won’t let me either.
One of my fav utubers. Straight talking Chicago guy who can walk you thru the numbers, every last amp.
Can’t or won’t watch. The current ag policies price support row crops (corn , soybeans). The ethanol is mandated in gasoline. A federally Guaranteed market there. All this so we can burn the corn along with fossil fuels. Burn it. Meanwhile, solar panels create energy from zero $inputs. Nothing is burning.
It doesn’t take a genius to figure out which is cheaper in the long run. Sort of the basics of investing.
1 Like
Well, panels do wear out.
I’ll watch, as my rates are pretty high, and I think I can get 38 panels on my roof, based on observations of two other houses in my area with the same roofs (one has panels in one area, one has them in another, non-overlapping).
watching… whoa, this is slow. Is this an audition for the new Mr Rogers?
An hour and 30?? Abandoning now. Need more robust summary.
Skipped to the end, as I know all that other stuff. There is no need for the political commentary at the end. Yes, I know all that already, too.
And, it’s not “free energy.” It is an upfront cost that amortizes over 20-30 years. as such, he upfront cost needs to be compared, mathematically, to the other choice of paying for energy on a monthly basis. Was this noted in this 1.5 hour video? Probably not.
Simple math:
- How much electric energy on average do you use?
- What is the rate of said electric energy?
- How many panels would it take to replace that average, or more importantly, to replace the peak amount?
- How much would those panels cost to install?
- How long are those panels expected to last?
- How much maintenance is required for these panels? (I live in a pretty dusty area.)
- What can you do with the energy you don’t use?
- Batteries? What will those cost?
- Power company buyback? What rate?
- Any fed/state/local rebates/discounts?
My google tells me response! :
Over 50% of U.S. crop production is not directly consumed as food, but rather used for livestock feed, biofuels, and industrial ingredients like high-fructose corn syrup. While farmers produce essential components, industrial agriculture focuses on high-volume, processed-food inputs, with less than 20% of farmland dedicated to vegetables, fruits, and nuts.
Ummm, the topic is how to best use the LAND. I have no idea where you got the idea it would be about whether or not to put solar panels on your home.
The analysis is more properly about the cost of the current system of Agri price supports to farms in order to create ethanol to put in Internal combustion engines. Pay a bunch of tax dollars and send it to farms that grow stuff we dont eat. That’s the comparison.
It’s got nothing to do with your electric bill. It’s about the projected energy demands going forward, and the immediate problem is the data centers gobbling up chunks of the existing available. In the locales where these data centers have been built, the electric rates are rising. How weird, right?
Like strip mining or over grazing federal lands at under market rates?
Well, that guy was talking a lot about solar panels…
I’ll copy it to the Solar Panel discussion.
5.95/ gal for premium, dude. At Costco.
And the hot dog line is too long.
Might go to Baja,Fresh for A $5 burrito. Tonight.
Good choice. Today is National Burrito Day.
We had a Baja Fresh near us once, not bad. I miss Rubio’s and Wahoo’s more, though. The Mr. Lee’s sauce is the bomb.
I think that is why.
Haven’t had Baja Fresh in a while (two months?). Plenty around here, after the original owners sold to Wendy’s for $275M, who then sold it to the owners of Cinnabon for $31M. Had no fucking clue how to run it.
Down to 80 locations. Salsa is good and fresh, array of hot, medium, and mild. They have a Coke dispenser with Coke Zero and Caffeine-Free Diet Coke. Not sure why I don’t go once a week, except for that gas price thing. Needs to be on the way of an already-planned trip.
Meanwhile, the line for the Costco Hot Dog was too long on the way out. I can starve for a few minutes and save $1.50.
All inflation-related.
Did it ever really leave? I note that economists once again ignore uncertainty in their estimates.
The low oil prices were keeping a lid on inflation due to tariffs.
Now its all going to hit the consumer at the same time.
CPI is projected to hit between 4.0% and 4.5% in the US.
Back of the envelope estimate: 20m barrels of oil a day x $50 premium is $1B. 365B on a GDP of 31T will add 1.2% to CPI. 4.0-4.5% checks out.
1 Like
Just for fun, the month over month change was 1.05%. That translates to 13.3% annually.
And April is going to have more increase in energy plus other stuff is going to start feeling more affects from the increased energy costs. So I expect April to be at least 0.75% maybe higher. And for the year I would be suprised to see over 5%.
Going to be interesting midterms.
1 Like
US petrol prices have jumped by more than half since the conflict erupted, reaching $4.50 a gallon on Tuesday, according to the AAA. Diesel has risen by a similar margin to $5.64, close to its all-time high.
First time since 2022 that the one month annualized rate has been over 10% for 2 months in a row.
1 Like