[G MONEY]

Originally Posted by cfm56d7b

It's important to note that not all crude oil grades are alike.

There are three primary qualities that differentiate one oil from another: weight, sweetness, and TAN count.

Heavy oil: evaporates slowly and contains material that will be used to make heavy products like asphalt. Light oil: requires less processing and produces a greater percentage of gasoline and diesel than heavy oil.

Sweet oil: has very low levels of sulfur, well under 1%. Sour crude: has as much as 1-2% of sulfur. Midstream companies and refiners that transport, store, and process sour oil know they need extra treating capabilities to take out the sulfur and sweeten the product.

TAN stands for “Total Acid Number.” The TAN count of oil is a measure of how corrosive it is. If a crude has a high TAN number, producers must use more robust metallurgy than standard so their processes can handle that corrosivity and keep the crude in the pipe.

Diesel prices are up 40% since May 2023 due to production curbs by Russia and Saudi Arabia. Why both of these countries decided to cut production is a different discussion.

Diesel is in the price of everything in case there is interest in learning more about inflationary trends.

In 2021, 61% of all electricity was generated in the US by burning fossil fuels: gas - 38.4%, coal - 21.9%, and oil - 0.6%.

https://www.epa.gov/power-sector/ele...-sector-basics

At least in the foreseeable future, the more electricity is demanded by EVs, the more fossil fuels will be burned.

Us oil refineries are spending hundreds of millions of dollars on FCC turnarounds/upgrades. Gasoline is not going
Anywhere anytime soon. Merica baby

[Efthreeoh]

AI is so boring.

[Condorll]

Originally Posted by Murf the Surf

Maybe, my position is that if I'm on holiday I don't need any unnecessary stress like worrying about figuring out charging stations etc.

Add to that I get a 500 mile range on my X5 for highway road trips, usally drive about 400 miles a day then check into a hotel. Don't have to fill up until the next morning (5 minutes at the pump in daylight hours) and drive another 400 miles. Super convenient.

[M5Rick]

Originally Posted by Efthreeoh

100% percent agree with that. On vacation, nope; I'll go ICEV every time. Most EV'ers will rent ICEV too for a road trip vacation.

I never rent any cars when on hols now , we use public transport which we prefer and the best one so far was in LA from our base in santa monica, having a good old natter with the friendly Mexicans on the superb bus system.

[M5Rick]

Originally Posted by Condorll

Add to that I get a 500 mile range on my X5 for highway road trips, usally drive about 400 miles a day then check into a hotel. Don't have to fill up until the next morning (5 minutes at the pump in daylight hours) and drive another 400 miles. Super convenient.

What's the gas tank capacity of your X5..

[M5Rick]

Originally Posted by Andesch

To facilitate compliance with the ICE bans and mitigate the economic impact on the automotive industry, policymakers are implementing generous subsidies for both manufacturers and consumers. Supporters of this transition argue that EVs have already achieved economic and operational parity, if not superiority, compared to petroleum-fueled vehicles. They believe that the bans and subsidies simply accelerate an inevitable shift towards electric transportation.

A case of blind leading the blind.

[Condorll]

Originally Posted by M5Rick

What's the gas tank capacity of your X5..

21.9 US gallons x 27-28 mpg (Ideal conditions) on highway = 590-613 miles range to empty.

I usually put in about 17-18 gallons when I fill up with 100-120 miles range left (3.9 gallons)

[M5Rick]

Originally Posted by Condorll

21.9 US gallons x 27-28 mpg (Ideal conditions) on highway = 590-613 miles range to empty.

I usually put in about 17-18 gallons when I fill up with 100-120 miles range left (3.9 gallons)

I make that 83 litres in UK terms, you must keep to a set moderate speed with minimum throttle probably on cruise and I gather its an in line six turbo hybrid?

[Condorll]

Originally Posted by M5Rick

I make that 83 litres in UK terms, you must keep to a set moderate speed with minimum throttle probably on cruise and I gather its an in line six turbo hybrid?

Not really, on the highway on a longer road trip I usually run in comfort mode (never eco mode) on cruise around 75 mph, usually over the speed limit and occasional run ups to 80-85mph or more.

My 2023 X5 xDrive 40i xLine is the 3.0L Turbocharged Inline 6 cylinder. It's not a hybrid. BMW says 335 hp, Car and Driver says no way, it's more like 360-380hp and clocked my exact car at 4.9 seconds 0-60. Amazing vehicle, handles like a dream with the adaptive M suspension, corners flat which is impressive for a big and tall SUV.

[M5Rick]

Originally Posted by Condorll

Not really, on the highway on a longer road trip I usually run in comfort mode (never eco mode) on cruise around 75 mph, usually over the speed limit and occasional run ups to 80-85mph or more.

My 2023 X5 xDrive 40i xLine is the 3.0L Turbocharged Inline 6 cylinder. It's not a hybrid. BMW says 335 hp, Car and Driver says no way, it's more like 360-380hp and clocked my exact car at 4.9 seconds 0-60. Amazing vehicle, handles like a dream with the adaptive M suspension, corners flat which is impressive for a big and tall SUV.

That's good. Wondering why BMW call it a 40i

[Murf the Surf]

Originally Posted by Condorll

Add to that I get a 500 mile range on my X5 for highway road trips, usally drive about 400 miles a day then check into a hotel. Don't have to fill up until the next morning (5 minutes at the pump in daylight hours) and drive another 400 miles. Super convenient.

Our RAM 1500 ecoDiesel gets 1100KM ( a little under 700 miles) highway for a fill up. Same for us we usually drive for about 400 miles and fill up (a little more than 1/2 a tank) and stop for the night. I always fill up before checking in so I have a full tank to get going in the morning.

I can't imagine having to wait for a charger and then take an hour to top up the battery. I'd lose my shit.

[Car-Addicted]

More good news for the EV croud.
General Motors: Sorry Your EV May Have a Defective Battery, Here’s $1,400
General Motors is offering $1,400 to owners of the 2020-2022 Chevy Bolt to entice them to install a diagnostic program that will determine if their battery is defective. The move is reportedly part of an anticipated class action settlement related to the battery problems that have plagued GM’s all-electric car.
Over the summer, GM said it would stop replacing 2020-2022 Chevy Bolt Batteries and instead verify the battery’s durability with software that monitors the battery over 6,200 miles, during which time Chevy Bolt owners are only allowed to charge the batteries up to 80 percent, further limiting the range of their EVs.

[M5Rick]

Originally Posted by Car-Addicted

More good news for the EV croud.
General Motors: Sorry Your EV May Have a Defective Battery, Here’s $1,400
General Motors is offering $1,400 to owners of the 2020-2022 Chevy Bolt to entice them to install a diagnostic program that will determine if their battery is defective. The move is reportedly part of an anticipated class action settlement related to the battery problems that have plagued GM’s all-electric car.
Over the summer, GM said it would stop replacing 2020-2022 Chevy Bolt Batteries and instead verify the battery’s durability with software that monitors the battery over 6,200 miles, during which time Chevy Bolt owners are only allowed to charge the batteries up to 80 percent, further limiting the range of their EVs.

Only 80% charge allowed lol what a total waste of human resources and a hiding to nothing.

[Car-Addicted]

Most EV's only charge to 80% at full charge rate. There is no cell balancing so that is the best way for EV's to limit battery damage and extend life.

[M5Rick]

^ So wait, you could do a 100% charge with a slow charger? say one that takes all night.

[Murf the Surf]

Originally Posted by Car-Addicted

Most EV's only charge to 80% at full charge rate. There is no cell balancing so that is the best way for EV's to limit battery damage and extend life.

I use a fast charger that gives me 100% in less than 5 min. It's called a gas pump. In fact all three of our vehicles and both boats are the same.

[Condorll]

Originally Posted by Car-Addicted

Most EV's only charge to 80% at full charge rate. There is no cell balancing so that is the best way for EV's to limit battery damage and extend life.

Oh wait, so the "estimated range" spec is cut by 20% now? 300 mile range is now 240 miles to 0 charge? So if you keep 20% as a minimum charge you only have 60% of the estimated range, 180 miles?

[M5Rick]

Originally Posted by Condorll

Oh wait, so the "estimated range" spec is cut by 20% now? 300 mile range is now 240 miles to 0 charge? So if you keep 20% as a minimum charge you only have 60% of the estimated range, 180 miles?

Seems to me that there are some fairy tales being said about car charge range on the non stop EV new car ads plaguing our tv screens.

[KRS_SN]

EV battery in my understanding is like a balloon

Fill it to 100% or ..fill it too quick ...shortens lifespan of the balloon.
Fll it slowly and fill up to 80% to prolong life..
The advertised max capacity of the balloon is just a number...

[Car-Addicted]

With the proper charger you can charge a LiPo to full capacity but there are cravats.
First any charge reduces battery life. Note how Apple handles charging of iPhones. So it is optimum to let the battery get down to 20% capacity (generally determined by voltage) and then charge to 80%.
Second EV's balance pack charges and not individual cells. So that is why most charge to 80% at max rate and them switch to a reduced rate. This becomes more problematic as the packs age and the voltage of the individual cells have a greater standard deviation from the pack voltage. This is due to changes in internal resistance of the individual cells.
If you could continue to charge packs at maximum rate with out balancing you will damage the cells and have a fire on your hands. Something EV manufacturers frown upon and that is why they build fail safes into the charging system. The lack of these sophisticated charging systems is why EBikes have a much higher tendency to catch fire. Radio Controlled racing batteries also have a pretty good safety rate but then again we are charging $100.00 batteries with $400.00 balancing chargers and each cell is individually balanced during the charge cycle and we do controlled discharges.

As for the manufactures taking liberty with ranges, Nothing new here car companies have always had a tenuous relationship with the truth.
We all remember Joe Isuzu.

[Pauly Wauly]

Here's an interesting article that I read today.
https://www.foxbusiness.com/markets/...-economist.amp

EV market could become the 'next big flop':
Investing in electric vehicles has been ‘a bad bet,’ Steve Moore says
Car companies would be 'smart' to invest in hybrid vehicles:

Economist Steve Moore analyzes the state of the automotive market with a potential UAW agreement and the transition to electric vehicles.

Just like Ford’s "Edsel" model in the 1950s, Trump administration economist Steve Moore cautioned that electric vehicles (EVs) may be the auto market's "next big flop."

"Henry Ford's son was named Edsel, and this was going to be the great car, all of the executives said, 'This is the car everybody's going to want to buy.' Ford made 500,000 of these new sedan cars, but guess what?" Moore said on "Varney & Co." Monday. "Nobody bothered to ask consumers whether they wanted the car."

"And of course, the Edsel was one of the great flops of all time," the economist continued. "I'm here to tell you, if these trends continue, we're going to see the EV market become the next big flop because car buyers don't want them."

Moore’s comments come as the EV push at Ford and General Motors hit a speed bump that’s cutting into the automakers’ profits and causing them to reevaluate their electric plans amid a price war and supply chain challenges.

Ford noted in its earnings report released last week that its EV unit posted a quarterly loss before interest and taxes (EBIT) of $1.33 billion – an acceleration after a loss of $1.08 billion in the prior quarter. It added that it’s cutting production of its Mustang Mach-E while scaling back about $12 billion in planned investments in the EV segment, including delaying its second battery plant in Kentucky.

General Motors saw its quarterly profit reduced by about $1.5 billion because of higher costs and the impact of selling more EVs, though it doesn’t break out losses from its EV unit in the same way Ford does.

GM CFO Paul Jacobson said that it would abandon an interim goal of building 400,000 EVs from 2022 through mid-2024, instead focusing on a goal of "getting to 1 million EVs of production by the end of 2025 alongside hitting our margin targets."

"Given the huge losses that these companies like Ford are suffering because of the EV mania, I saw a statistic this morning that Ford is losing something like between $40,000 and $60,000 per car," Moore reacted. "It's been a bad bet."


What would an electric vehicle for every American look like?

Manhattan Institute senior fellow Mark Mills has the latest on electric vehicle ownership on 'Making Money.'

The economist further argued that auto industry-wide bailouts may be likely amid companies’ EV losses.

"The federal government is also already offering all of these sweeteners to get people to buy electric vehicles. You get a $7,500, basically, check from the government every time you buy an EV. Let's not forget that we're subsidizing the battery companies, all of these things," Moore noted.

"The taxpayers are paying for these things," he added. "And yet the most amazing thing is, even with all these sweeteners, Americans are still saying, I don't want them."

Truck drivers don’t want an electric vehicle: Sen. Markwayne Mullin

Sen. Markwayne Mullin, R-Okla., discusses the United Auto Workers strike on ‘The Bottom Line.’

Speaking to car dealers around the country, Moore reported that their lots "are full of EVs" and only 10% of clients purchase EVs off the lot today.

"I think the car companies would be smart going to hybrids where you can have gas and an electric battery," the economist and adviser suggested. "But the car companies aren't making those cars. And the reason they aren't making them is because the government has increasingly mandate[d] that all cars be EVs."

[Murf the Surf]

It's not just the car battery's catching fire but all lithium ion batteries are a risk according to Toronto Fire Service.

https://torontosun.com/news/local-ne...-battery-fires