BP

NeekReevers

Heisman Candidate
Gold Member
Dec 17, 2002
5,890
2,873
113
If I owned any stock in BP I’d be selling it this morning. I just listened to their CEO on CNBC talking about reducing their production 40% over the next ten years and bragging about a reduced E&P budget. I understand they are trying to move to renewables but I’m just not sure how profitable or even workable that will be for them. I’m sure a lot of folks are slapping him on the back and congratulating him for his vision but I’m skeptical as to how successful it will be from a business standpoint.
 

Rdcldad

Heisman Winner
Oct 13, 2015
12,312
17,211
113
If I owned any stock in BP I’d be selling it this morning. I just listened to their CEO on CNBC talking about reducing their production 40% over the next ten years and bragging about a reduced E&P budget. I understand they are trying to move to renewables but I’m just not sure how profitable or even workable that will be for them. I’m sure a lot of folks are slapping him on the back and congratulating him for his vision but I’m skeptical as to how successful it will be from a business standpoint.

get woke go broke
 

Mr.OSU

All-American
Gold Member
Jun 18, 2003
4,820
5,136
113
If I owned any stock in BP I’d be selling it this morning. I just listened to their CEO on CNBC talking about reducing their production 40% over the next ten years and bragging about a reduced E&P budget. I understand they are trying to move to renewables but I’m just not sure how profitable or even workable that will be for them. I’m sure a lot of folks are slapping him on the back and congratulating him for his vision but I’m skeptical as to how successful it will be from a business standpoint.
You have to be incredibly careful who you make your ceo. Some people put wokeness over the best interests of their companies.
 

Ostatedchi

MegaPoke is insane
Gold Member
Jan 5, 2002
27,848
18,930
113
Their stock might actually increase as their fossil fuel use declines. Just saying. Lots of green investors out there wanting places to put their money.

P66 isn't going away from our primary mission of refining petroleum. But we are also courting green investors with some of our high profile initiatives. We are moderating our stance a bit from BP. But there is logic in their course.
 

NeekReevers

Heisman Candidate
Gold Member
Dec 17, 2002
5,890
2,873
113
I see the logic. I think the implementation is going to be much more complicated and much less profitable than what BP investors are used to seeing.
 
  • Like
Reactions: GunsOfFrankEaton

long-duc-dong

Heisman Candidate
Gold Member
Sep 20, 2006
8,653
7,654
113
AchingDaringHorseshoebat-size_restricted.gif
 

davidallen

Heisman Winner
Gold Member
Aug 15, 2006
19,387
7,482
113
55
Portland,OR
If I owned any stock in BP I’d be selling it this morning. I just listened to their CEO on CNBC talking about reducing their production 40% over the next ten years and bragging about a reduced E&P budget. I understand they are trying to move to renewables but I’m just not sure how profitable or even workable that will be for them. I’m sure a lot of folks are slapping him on the back and congratulating him for his vision but I’m skeptical as to how successful it will be from a business standpoint.
Great call. Not.

@Rdcldad - up 10% in 2 weeks. I'd take that month in, month out.
 

Tulsaaggieson

All-American
Gold Member
Mar 29, 2010
2,275
1,595
113
Stillwater
You jerkoffs can try to outwoke each other all you want. The energy potential of “renewables” simply isn’t there. If it were, weapons designers would have figured out how to use them to destroy cities by now.
That's....probably the best arguement I have heard on that. All I can say is.....yup.
 

07pilt

Heisman Winner
Gold Member
Nov 16, 2012
13,763
5,485
113
lol. Have these dipshyts even had a high school physics class? They probably think that jet propulsion is nothing more than a big fan spinning really fast. 🙄
The majority of thrust on a commercial airliner comes from a big fan spinning really fast.
 
  • Like
Reactions: Syskatine

07pilt

Heisman Winner
Gold Member
Nov 16, 2012
13,763
5,485
113
Nope. Just knowing how a jet engine works (hint: no propulsion without combustion), unlike you and Occasional Cortex.
True or false: The majority of thrust on a commercial airliner comes from a big fan spinning really fast.
 

purkey

MegaPoke is insane
Gold Member
Feb 5, 2003
33,227
10,315
113
just so you guys can argue some more...here is a cutaway of a P&W jet engine. Nothing touches.i.e., no metal touches. It's several fans compressing air, . The engine that gets the air in front of the inlet and out the exhaust the most efficiently and quickly wins. Like a big vacuum cleaner. That is the simplified version. This engine is still around and on many corporate jets but it is a bit outdated. Suck, squeeze, bang, and blow. Actually been around since, well, Rome was built. For every action, there is an equal and opposite reaction. Some guy said that a long time ago.


iu
 

07pilt

Heisman Winner
Gold Member
Nov 16, 2012
13,763
5,485
113
just so you guys can argue some more...here is a cutaway of a P&W jet engine. Nothing touches.i.e., no metal touches. It's several fans compressing air, . The engine that gets the air in front of the inlet and out the exhaust the most efficiently and quickly wins. Like a big vacuum cleaner. That is the simplified version. This engine is still around and on many corporate jets but it is a bit outdated. Suck, squeeze, bang, and blow. Actually been around since, well, Rome was built. For every action, there is an equal and opposite reaction. Some guy said that a long time ago.


iu
That's a low bypass turbofan. Airliners use high BPR turbofans that generate 60+% of their thrust from air that never goes through the combustion chamber
 

NeekReevers

Heisman Candidate
Gold Member
Dec 17, 2002
5,890
2,873
113
That's a low bypass turbofan. Airliners use high BPR turbofans that generate 60+% of their thrust from air that never goes through the combustion chamber

Check out the big brain on 07pilt! What a wild detour this thread took.
 
  • Like
Reactions: CowboyJD

squeak

Heisman Winner
Gold Member
Jun 11, 2001
17,702
12,128
113
I’m excited for Exxon and BP and other “big oil” companies to dominate the renewables space. They will control all the energy sources.
 

Medic007

MegaPoke is insane
Sep 25, 2006
26,431
35,293
113
That's a low bypass turbofan. Airliners use high BPR turbofans that generate 60+% of their thrust from air that never goes through the combustion chamber
100% correct even if you had to use Google. Not saying you did. Just sayin.

There are plenty of videos on youtube that demonstrate the volume of air that a high BPR turbofan creates.
 

soonerinlOUisiana

Heisman Candidate
May 29, 2004
11,698
7,419
113
fvck off, leftists
www.youtube.com
Well, technically speaking, that's what jet propulsion actually is. That's not meant to take away from your point though.
Jet propulsion is not a fan cutting through air to move the aircraft (like a propeller) as AOC and similar dipshyts would have us believe. Jet propulsion is the controlled pressurization and release of air. It’s the same basic principle of blowing up a balloon and then releasing it, or popping the cork on champagne.

You’re simply not going to achieve that type of pressurization without a very intense heat source, which is why the idea of achieving jet speed without combustion is so ludicrous.
 
  • Like
Reactions: iasooner2000

07pilt

Heisman Winner
Gold Member
Nov 16, 2012
13,763
5,485
113
Jet propulsion is not a fan cutting through air to move the aircraft (like a propeller) as AOC and similar dipshyts would have us believe. Jet propulsion is the controlled pressurization and release of air. It’s the same basic principle of blowing up a balloon and then releasing it, or popping the cork on champagne.

You’re simply not going to achieve that type of pressurization without a very intense heat source, which is why the idea of achieving jet speed without combustion is so ludicrous.
What you are missing is that commercial airliners aren't chiefly jet propelled they are mostly fan propelled.
 

OUSOONER67

Heisman Candidate
Mar 23, 2004
5,394
13,824
113
Storage density improving at a reasonable pace. Curious though, what is a "battery" in your mind?

I know the Pink Bunny is a liar. I know cell phone batteries don't stay charged long. I have heard of lithium sulfur batteries for Planes but doubt that will work out.
When they invent a battery that works longer than 2 weeks in a flashlight get back to me.
MzY3NTk4Mw.jpeg
 

davidallen

Heisman Winner
Gold Member
Aug 15, 2006
19,387
7,482
113
55
Portland,OR
I know the Pink Bunny is a liar. I know cell phone batteries don't stay charged long. I have heard of lithium sulfur batteries for Planes but doubt that will work out.
When they invent a battery that works longer than 2 weeks in a flashlight get back to me.
MzY3NTk4Mw.jpeg
Mark down May 26th on your calendar....

 
  • Like
Reactions: OUSOONER67

Latest posts