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China is going to keep playing hardball

RagnarLothbrok said:
@Scruddy — I need a tweet about Biden

China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech - CleanTechnica

In response to new Trump tariffs, China cut dysprosium, terbium, and tungsten exportsâhitting U.S. EVs, wind, and military systems hard.
cleantechnica.com
Click to expand...
The resident MAGAs were well aware of this and consider it a fair price to pay to make America great again.

Edit: Also, Biden has dementia
2nd edit: Boys in girls sports
3rd edit: Nancy Pelosi liked tariffs 30 years ago
 
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They said they are going to put in place the ground work, to later be able to establish the program, where rare earth minerals, needed for making solar panels and electric cars are distributed as China sees appropriate. They never discussed stopping selling us any of the materials.



My response:

1200px-West_Texas_Pumpjack.JPG
 
Last edited:
DirtyJohns97 said:
The resident MAGAs were well aware of this and consider it a fair price to pay to make America great again.

Edit: Also, Biden has dementia
2nd edit: Boys in girls sports
3rd edit: Nancy Pelosi liked tariffs 30 years ago
Click to expand...
Should the U.S. keep a dependency on China for these marterials, especially in consideration of their military significance?

Is that a preferable situation?
 
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seminole97 said:
Should the U.S. keep a dependency on China for these marterials, especially in consideration of their military significance?

Is that a preferable situation?
Click to expand...
That's the other thing I was thinking. If any country can control 90% of a product, not named us, we ****ed up.
 
Whiskeydeltadeltatango said:
They said they are going to put in place the ground work to be able to establish where rare earth minerals needed for making solar panels and electric cars cars, and a reference to fighter planes, in order of importance, noting that it was never discussed of any form of stoppage.
Click to expand...
Can you please edit this sentence, I've read it 4 times trying to make sense of it and I'm afraid if I keep trying that I'm going to have an aneurism.
 
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RagnarLothbrok said:
And Nancy Pelosi gave a speech in 1995.
Click to expand...
Does saying when the speech was made in some manner refute the arguments made in the speech?

This is a terrible line of argument. You’re better than this.

Explain what Nancy in 1995 got wrong, you’ve got 30 years of ‘hindsight’ on her speech, so where was she wrong?

Someone saying the Bill of Rights was ratified in 1791 isnt’ a refutation of the bill of rights. It’s a factoid.
 
Whiskeydeltadeltatango said:
They said they are going to put in place the ground work, to later be able to establish the program, where rare earth minerals, needed for making solar panels and electric cars are distributed as China sees appropriate. They never discussed stopping selling us any of the materials.



My response:

1200px-West_Texas_Pumpjack.JPG
Click to expand...
Crude prices just hit approx.$65 per barrel.
US producers are basically sidelined at that point.
The goal should always use less (waste less) and be able to get by at a lower cost per barrel for US producers and users.
Higher prices per barrel are required for US producers to profit.
You can’t drill yourself out of this equation.
 
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DirtyJohns97 said:
Sounds like you know more about critical minerals than the author of the article. Can you enlighten me on these other sources?

Please say Greenland, please say Greenland
Click to expand...

I’ll do the first one, you do the remaining and I promise to check your work:

dysprosium

Australia has emerged as a significant player in recent years, with projects like the Browns Range mine in Western Australia. Other countries with notable dysprosium resources include Brazil, India, and the US

Don’t confuse China being the cheapest with China having monopoly or stranglehold on any natural resources. They’re not particularly resource rich, but more red tape free.

COVID should have been an eye opener to the potential price of leaving strategic production in the hands of a foreign dictatorship.
 
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billanole said:
Crude prices just hit approx.$65 per barrel.
US producers are basically sidelined at that point.
The goal should always use less (waste less) and be able to get by at a lower cost per barrel for US producers and users.
Higher prices per barrel are required for US producers to profit.
You can’t drill yourself out of this equation.
Click to expand...

There is a productivity gain component to prices you’re leaving out.

In the early days of the shale boom, break even costs of $100/bbl were common. But oil prices remained at that level for a long enough period of time that operators gained a lot of experience in optimizing hydraulic fracturing in horizontal wells. As a result, the portion of the break even costs that are a function of the well cost and the amount of oil ultimately recovered steadily declined.
…
This shows that within four years or so this company was able to reduce the cost of producing a barrel of oil by more than $25/barrel of oil equivalent (BOE) as more experience was gained. Note that this is only the cost related to the well and the estimated ultimate recovery (EUR). It does not include ongoing operating costs.

In this particular example, the company was actually spending about 80% more money to drill and complete the well by 2010, but they increased the EUR by nearly 6 times. Thus, what may have only been economical at $100/bbl in 2006 could have been economical at $75/bbl by 2010, and perhaps $60/bbl by 2014.
 
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seminole97 said:
I’ll do the first one, you do the remaining and I promise to check your work:

dysprosium

Australia has emerged as a significant player in recent years, with projects like the Browns Range mine in Western Australia. Other countries with notable dysprosium resources include Brazil, India, and the US

Don’t confuse China being the cheapest with China having monopoly or stranglehold on any natural resources. They’re not particularly resource rich, but more red tape free.

COVID should have been an eye opener to the potential price of leaving strategic production in the hands of a foreign dictatorship.
Click to expand...
Before we move on from dysprosium, let's read the paragraph from the same article that immediately preceded the one that you just quoted

China dominates the global dysprosium market, accounting for approximately 98% of the world's production. This near-monopoly has raised concerns about supply security among other nations. China's stranglehold on dysprosium production has prompted other countries to explore and develop their own resources, albeit on a much smaller scale.
 
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China can’t soft pedal on this and they have to play hardball.
They have a couple billion mouths to feed and folks who depend on the government to keep things going. And there are hundreds of millions who also don’t understand global events. ChiCom MAGA’s if you will.
 
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RagnarLothbrok said:
Serious question: Is that a serious question or are you really just that stupid?
Click to expand...
Most of the libs here want trump to fail and certainly China wants him and the USA to fail. So an enemy of our enemy is our friend may apply. Does it apply to you. Not such a stupid question.
 
1inamillion said:
Most of the libs here want trump to fail and certainly China wants him and the USA to fail. So an enemy of our enemy is our friend may apply. Does it apply to you. Not such a stupid question.
Click to expand...
Yes it is a stupid question. Are you imbeciles really going to run with the idea that it's unpatriotic to not back Trump's murder suicide because China is pushing back? You are a sack of shit. Dumb, dishonest, or both, but a sack of shit regardless
 
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Ferentz_Fan said:
Are you denying the reference?
Click to expand...

I don’t think it was real, and a republican congress agreed.

But either way, kind of funny people were so up in arms about that possible 5-10 million when Trump is charging that for dinners and just made 1000x that on a crypto rug pull. As always, the idea of it was a big problem, until Trump does it for real and then it’s just no big deal.
 
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