Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Yeah, but coupled with freight that’s a big slice of the pie.. Electric big rigs. Who’d a thunk it

 

But, I agree with you guys. Don’t think that will happen soon.

 

MORE PIE

https://www.cbs.nl/en-gb/news/2007/...e-to-push-up-fuel-oil-consumption-in-shipping



NOTE This is from 2006.

Road transport is big rigs. Significant, sure. Not sure if that also includes rail since I don't see that broken out, but that said, ships tend to be the hungry ones for fuel.

here's a Quora discussion about ships (probably no sources cited) - they're nasty. Bunker fuel is gross.
https://www.quora.com/Is-it-true-th...orld-produce-more-pollution-than-all-the-cars

 

Grabbed and sold some nail today out of boredom. Not much else going on over here

 

The markets are fighting the narrative, much like most of the general public now is. Too much flip flopping, playing favorites, and generally spreading misinformation has made the markets say, no... this second wave will be ignored.

 

For the HTZ folks:

https://www.cnbc.com/2020/06/15/her...r-money-in-filing-for-selling-more-stock.html

 

That sure is an interesting headline! Dumpster fire.

 

Ha...they literally say "PLEASE, buy this worthless stock..."

Maybe they're hoping to get some Elon Musk luck...after he said TSLA was overpriced at $700 it rose to $1,000...BUY HTZ RIGHT??????

 

Also in re: OIL....We had oil at $5.00 a gallon a few years ago and that started to impact people's driving habits etc. Companies instituted fuel surcharges etc..My employer still has a fuel surcharge...I have no fears oil is going away in the next 30 years. It's always needed for plastics and home heating..and of course transportation. It's conceivable that convert all ocean vessels to nuclear like U.S. navy ships, but it's not safe. You can't have nuclear fuel rods on every passenger and freight vessel on the ocean. So ships will always be diesel for as long as we have conflict in the world.
This amusing discussion of swapping the world vehicle fleets to electric is always amusing if you break down the actual cost of an electric vehicle. Electric vehicles are a first world luxury item. How are the 1 Billion people in India going to afford a $30,000 electric Tuk Tuk??? They go for about $5K right now...I'm still waiting to see what happens to all these teslas when their batteries are dying and they need new ones for entire fleets and new ones for the newly manufactured vehicles. I think that's the real reason space x is in space...To find asteroids to mine for rare elements to make batteries. Until that's a reality OIL IS KING!!

 

Even NIO (Chinese EV) is shooting up right now....


....still not to where I bought in a long time ago....C'mon so I can dump it!

 

First one to PM me their robinhood referral link gets it (not asking for it to be public to avoid affiliate link issues with the mods)

EDIT: well that was quick haha

 

done

 

HYSR penny stocks it's at like 0.04 right now, it's up so high because it started at 0.03.

BUT they're one of those stocks that could go from 0.04 to 6.00 one day if they announce they get bought out or get a massive contract, that's the "fun" in penny stocks like that. You can make a few percent over time but every so often you get a 1200% day.

I do think solar/renewables definitely is the future - even with oil as cheap as it is. I talked about it before, oil always goes up to the most they can bring it to without us finding alternatives economical. If it's not economical to get a hybrid unless gas is 3.50$/gal, SA/RUS will keep it at 3.25$/gal, still make a boat load of money, and make it so Joe Schmo isn't buying a prius because it'll actually cost more. (I have no idea if the 3.50 mark is actually reasonable, BUUUUT it's just an example number I pulled out my ass). So oil will be back, but it won't skyrocket to 5$/gal again - RUS/SA is too smart and in it together for that to happen. Then they'll actually lose money. That's not political, that's business - I'd do the same!

Anyway, my day started bad but slowly going up today (MRO, NRGU). I'll probably bail MRO at $8.xx, in at 7.53 so make a bit and then run. Might pull the principal and let the profits ride - either in MRO or NRGU, or maybe somewhere else instead. At that point it's free donuts to play with.

 

I dunno, I might start playing penny stocks with the profits from MRO for fun. Might give it a whirl. NRGU I'm holding for 40.xx to 50.xx to pay for a decent vacation, but whatever. Penny stocks can be fun, if I'm playing monopoly anyway!

 

Personal experience with ships is that the fuel has cleaned up tremendously. MARPOL 2020 went into effect this year which significantly restricts the sulfur content of the fuel that we burn. It used to be that we could burn whatever whenever. Then it switched to low sulfur (diesel) when we were within 20 miles. Then that switched to 200 miles. Current rules are that we have to burn low sulfur fuel (<0.5%) all the time, or have equipment to remove the main pollutants (SOx and NOx) from our exhaust gas (ie, exhaust gas scrubbers). Plenty of areas are still stricter than that. For example, in California we have to burn diesel since their requirement is less than 0.1% sulfur content. And they do randomly come on to pull fuel samples to measure it.

I'd argue that unit of pollution per unit of cargo, ships are still one of the cleanest forms of transportation around. I'm not saying that there's no room for improvement, but even in the thirteen years I've been in the industry I've seen huge improvements and changes while the companies try to gain efficiency and reduce pollution.

As far as how much we use, it can be a lot. My current ship is a fast RORO. Schedule is our most important thing and often times the only way to maintain schedule is to go fast. At max speed we're burning between eight and nine gallons a minute pushing 22kts. The fastest ship I've worked had about the same consumption... per engine. That ship had four engines and did 24kts, but it was also about 100' longer and a bit wider.

There has been a lot of talk about alternative fuel sources for ships. Personally, I don't see it happening without a revolution in the battery world. We're just not close enough to the energy densities that we need to move a large cargo ship economically across an ocean. It makes a lot more sense for ferry services or harbor tugs with schedules that allow for downtime for recharging.

 

They actually tried that with the NS Savannah. By the time you factored in the training costs for the crew, costs of anything with the word "Nuclear" in it, and the fact that there are quite a few nations that refuse entry to nuclear powered vessels they realized that whatever savings they had in fuel costs were completely negated. I don't see nuke coming back to the industry unless there's one hell of a PR campaign leading up to it. She is a beaut though:

 

Oh. heck no - a cross Atlantic ship has no chance of a battery unless there's a lot of development in solar and battery. It's not even close for shipping. I think it would be cheaper and easier to build a Bering Strait rail line/undersea rail system. Heck even doing one in the north atlantic too. Trains are (in my opinion) the best thing we should be working right now. But the US rail system -- let's not get into that right now.

edit: Nuke - yeah, wonderful. My cousin was a Nuke in the NAVY. It would be great, but not feasible right now.

 

I know some of the cruise ships are going LNG, not sure how that would pan out if everyone did that long term.

 

stocks are picking up!!

 

I might get back to breaking even on NRGU today