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Electric Cars Will Cause the Next Oil Crisis

Electric Cars Will Cause the Next Oil Crisis | Texas Coast Real Estate | Scoop.it
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Michael Stuart's insight:

This isn’t something oil markets are planning for, and it’s easy to see why. Plug-in cars make up just one-tenth of 1 percent of the global car market today. They’re a rarity on the streets of most countries and still cost significantly more than similar gasoline burners. OPEC maintains that electric vehicles (EVs) will make up just 1 percent of cars in 2040. 


Batteries account for a third of the cost of building an electric car. For EVs to achieve widespread adoption, one of four things must happen:

1. Governments must offer incentives to lower the costs.
2. Manufacturers must accept extremely low profit margins.
3. Customers must be willing to pay more to drive electric. 
4. The cost of batteries must come down.


The rise of autonomous cars and ride-sharing services like Uber and Lyft, would put more cars on the road that drive more than 20,000 miles a year. The more miles a car drives, the more economical battery packs become. 


If these new services are successful, they could boost electric-vehicle market share to 50 percent of new cars by 2040, according to BNEF.

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How Prepared or Unprepared Are You For A Hurricane?

How Prepared or Unprepared Are You For A Hurricane? | Texas Coast Real Estate | Scoop.it

Unlike most natural disasters, hurricanes rarely take us by surprise.

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Voice for Real Estate 45: Legislative Meetings, Flood Insurance

Voice for Real Estate 45: Legislative Meetings, Flood Insurance | Texas Coast Real Estate | Scoop.it

Private Flood insurance gets a boost.

Michael Stuart's insight:

the House just passed a bill to allow home owners to
jump out of the National Flood Insurance Program if they can get a better deal in the private market! And then, if they need to jump
back into  a federal program without facing a big rate hike.

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Why FEMA Says Modular Homes Are Safer - ModularHomeowners.com

Why FEMA Says Modular Homes Are Safer - ModularHomeowners.com | Texas Coast Real Estate | Scoop.it
Modular homes built are so much stronger than site-built homes that FEMA recommends modular construction in extreme weather areas. Find out why!
Michael Stuart's insight:

FEMA has observed that “relatively minimal structural damage was noted in modular housing developments.” It credited the building style of modular homes because the module-to-module construction provides an “inherently rigid system.”

 

Despite 131-155mph winds of a category 4 storm, FEMA reported that modular homes “performed much better than conventional residential framing.”

 

The general impression on modular homes has increasingly been for their affordability, but also for their superior construction quality.

 

This is due to a few major factors:

  • access to superior quality building materials,
  • construction in a controlled environment,
  • factory-quality inspections,

 

and the need for each module to be so structurally sound that it can survive the trip over highways.

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FEMA Offers Advice for Texans on Lessening Storm Damage in Gregg County | FEMA.gov

FEMA Offers Advice for Texans on Lessening Storm Damage in Gregg County | FEMA.gov | Texas Coast Real Estate | Scoop.it

A team of specialists from FEMA will offer tips and techniques to lessen the impact of disaster-related property damage at Lowe’s Home Improvement store in Gregg County.

Specialists will be available at the following location:

Lowe’s: 3313 N. Fourth Street, Longview, TX 75605

Available: 7 a.m. to 5:30 p.m. Friday, April 15; 8 a.m. to 6:30 p.m. Saturday and Sunday, April 16 and 17; and 7 a.m. to 5:30 p.m. Monday and Tuesday, April 18 and 19.  

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Growing choices in booming Texas cruise market

Growing choices in booming Texas cruise market | Texas Coast Real Estate | Scoop.it
According to Port of Galveston Director Michael Mierzwa, nearly 1 million passengers will cruise from Texas in 2016 — a whopping 30 percent increase since 2014. The ease of driving right up to the curb in Galveston, dropping off your luggage, parking onsite and sailing off into the sunset (margarita in hand), is priceless. [...] it sure beats hassling with airports.

 

Some hotels offer complimentary shuttle service and parking for the duration of your cruise if you overnight with them.

 

Michael Stuart's insight:

Galveston and Houston are very popular ports. if you’re cruising out of Galveston, consider extending your stay to explore the historic island. Soak up the picturesque scenery, stroll The Strand, browse the boutiques, savor local seafood and tour the majestic Victorian mansions.

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Four Texas Metro Areas Add More Than 400,000 People in the Last Year

Four Texas Metro Areas Add More Than 400,000 People in the Last Year | Texas Coast Real Estate | Scoop.it
Four Texas metro areas together added more people last year than any state in the country except for Texas as a whole.
Michael Stuart's insight:

Four Texas metro areas collectively added about 412,000 people. Texas as a whole gained about 490,000.

Eight counties drove Texas’ metro area growth and were among the 20 counties nationwide that gained the most population between 2014 and 2015. All together, they added 306,736 people:

 

The Dallas metro area contained four of these counties: Tarrant, Dallas, Collin and Denton. The Houston metro area included two: Harris, which led the nation by gaining more than 90,000 people, and Fort Bend.

Bexar, in the San Antonio metro area. Travis, in the Austin metro area.

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Pro-Uber groups submits first document related to referendum

Pro-Uber groups submits first document related to referendum | Texas Coast Real Estate | Scoop.it
It’s official: the City Council will have to vote again on the ordinance that pushed popular ride-hailing companies Lyft and Uber out of town at its next regular meeting, or the issue could end up on the November ballot.
Michael Stuart's insight:

A group of "pro-uber" citizens told  "anti-uber" city they intend to secure signatures to put the City Council's decision up for a referendum.

 

Organizers threatened city council that if it doesn't adopt an ordinance Uber approves of, they'll move forward with the referendum process.

 

The city is backing down:

 

  • "The motion to reconsider is a clear message that we are listening, and new information reopens the conversation — and rightfully so," Magill said.
  • But saying the council is backtracking due to public opinion doesn't tell the whole story, Magill added.
  • "We shouldn't push out business models that don't meet burdensome regulations," DeAses said.
  • "We need to pass regulations that work with modern companies."

 

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Hotels vs. Vacation Rentals. Room For All?

Hotels vs. Vacation Rentals. Room For All? | Texas Coast Real Estate | Scoop.it

A trip to the Four Seasons changes one's view about what's possible in the evolution of travel accommodations. 

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Texas State Aquarium Extended Hours For Spring Break

Texas State Aquarium Extended Hours For Spring Break | Texas Coast Real Estate | Scoop.it
The animals are getting wild at the Texas State Aquarium for Spring Break.
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Oil Falls As Short Covering Seems To Have Run Its Course | OilPrice.comOil Falls As Covering Seems To Have Run Its Course 

Oil Falls As Short Covering Seems To Have Run Its Course | OilPrice.comOil Falls As Covering Seems To Have Run Its Course  | Texas Coast Real Estate | Scoop.it

Oil prices fell as oversupply concerns plague markets and short-covering seems to have run its course

Michael Stuart's insight:

All paths lead back to energy, hence a 4.4 percent drop in sales at gas service stations hurt retail sales the most.

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Sepulveda: South Padre Island's 2nd Causeway could be built by 2020

Sepulveda: South Padre Island's 2nd Causeway could be built by 2020 | Texas Coast Real Estate | Scoop.it

SOUTH PADRE ISLAND, RGV - On the eve of an important meeting about the 2nd Access Project, Cameron County Judge Pete Sepulveda, Jr., says a second causeway to South Padre Island could be built by 2020

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How Plunging Oil Prices Threaten the U.S. Economy

How Plunging Oil Prices Threaten the U.S. Economy | Texas Coast Real Estate | Scoop.it

Filling up your tank at the gas station has never felt so good, and it’s been a while .BUT The economies of oil-producing states like Texas, North Dakota, Alaska, Oklahoma, Wyoming and New Mexico are being hit by the plummeting prices of crude.

Michael Stuart's insight:

Tax revenues in Texas from oil and gas production plunged 48 and 51 percent, respectively.


“As we weigh the evidence, we think Texas will have a rough YEAR ahead, and is at risk of slipping into a regional recession,” That in turn could again cool off the hot Texas housing market, for one thing.


Yet there’s little reason right now to fear that it will translate into nationwide weakness: “The national economy performed quite well in 1986, in spite of the Texas recession.”


In the mid-1980s, when the world experienced another oil glut, oil-pumping regions of the country experienced a recession even as the rest of the country was doing well. “It’s likely some of that will happen again this time,” says James Hamilton, a professor of economics at the University of California at San Diego.


Even as most state economies suffered mightily during the Great Recession and its aftermath, the Lone Star State enjoyed a relatively strong and fast recovery, greased by soaring oil prices that supported the regional job market and state tax revenues.


The U.S. oil boom has largely been a story about North Dakota and Texas. Together, as J.P. Morgan economist Michael Feroli noted in a research report on Thursday, the two states have accounted for more than 90 percent of production growth over the past five years.


Texas alone is responsible for 67 percent of the nation’s increase in crude production over that time span, and the state’s share of total U.S. output has surged to more than 40 percent.


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CJ Brasiel's curator insight, March 10, 5:11 PM
It is interesting that many of the areas suffering now, were also some of the same areas that did not get hit as hard by the previous housing crash. Why? Because the local fuel economy was doing very well. Now, we see other parts of the country impacted by oil speculation verses real estate speculation.It is becoming clear, the cyclic nature of markets may be become a faster and more intense highs and lows as we move toward a global village economy.Your thoughts?
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After Two Years, Smart Lock Maker Latch Talks Features

After Two Years, Smart Lock Maker Latch Talks Features | Texas Coast Real Estate | Scoop.it

On the surface, the smart lock space can seem pretty crowded already, with names like Lockitron, August and Kisi  in play for several years.

Michael Stuart's insight:

Specifically aims to address multi-occupancy apartment blocks such as mansion blocks and/or offices.

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Texas leads USA in natural gas-fired power plants under construction

Texas leads USA in natural gas-fired power plants under construction | Texas Coast Real Estate | Scoop.it
Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government
Michael Stuart's insight:

Texas. Significant levels of natural gas-fired capacity are under construction in Texas, with 3.2 GW expected to become operational over 2016–18.

  • Texas produces more natural gas than any other state and is home to several major shale plays, including the Eagle Ford Shale and Barnett Shale.
  • Texas leads the United States in permit filings, with received and pending permits to construct a cumulative 6.6 GW over the 2016–18 period.
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A Shore Thing - Cinnamon Shore - Port Aransas, Texas - blogs de interior design

A Shore Thing - Cinnamon Shore - Port Aransas, Texas - blogs de interior design | Texas Coast Real Estate | Scoop.it
A Shore Thing - Cinnamon Shore - Port Aransas, Texas - blogs de interior design
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Video Experience the Expanded Panama Canal

The largest infrastructure project since the waterway’s original construction, the expansion will create a new lane of traffic along the canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system and rolling gates.

Michael Stuart's insight:

The Texas coast benefits greatly from the expanded canal as the largest ships have to go to California now to avoid having to steam around South Amercia. 

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VVideo of Spring Breaker Pulling Gun on South Padre Island 

VVideo of Spring Breaker Pulling Gun on South Padre Island  | Texas Coast Real Estate | Scoop.it
Fights on spring break are going to happen. The titties are out, the juices are flowing. Dudes are gonna butt heads -- especially if those titties want nothing to do with them. So square up. Fight. Roll around drunkenly on the ground for a minute till your boys or the cops break it up. But…

 

Hey Cops, Where’s His Warrant?

Michael Stuart's insight:

No guns allowed on da beach! This stuff is killing the market.

 

This is way better: http://totalfratmove.com/77-hottest-girls-of-spring-break/

 

Let's see how other spring break towns act:

 

Gulf Shores, Alabama, has banned alcohol on its beaches for the remainder of spring break, meaning effective immediately.

From AL.com: "During a special meeting on Friday, the council unanimously adopted an ordinance to prohibit the possession or consumption of alcoholic beverages along the entire Gulf beaches within city limits. The ban is in effect through April 17.

Gulf Shores Mayor Robert Craft spoke previously about such a ban, saying excessive alcohol consumption was becoming a problem.

“The city has a responsibility to protect the health, safety and welfare of our residents and visitors and an obligation to protect the reputation of the city as a family-friendly destination,” said Craft. “In order to keep spring break in Gulf Shores a safe environment, it is time we take action."

 

Panama City Beach, Florida, made national headlines last year by announcing a similar ban for spring break 2016. The news was ill-received by [removed] college students planning to destroy the PCB beaches this year.

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Houseplans

Houseplans | Texas Coast Real Estate | Scoop.it
Michael Stuart's insight:

Demographic Drivers
According to CBS MoneyWatch, the trend of U.S. families at multiple economic levels moving back in together to save on housing expenses began with the Great Recession.

  • The trend has continued as more and more Baby Boomers age and care for their parents (or are cared for by their children) at home.
  • To provide some affordable housing alternatives, cities like Seattle and San Francisco are easing restrictions on building in-law units and providing incentives to encourage more homeowners to build these backyard cottages.

 

The In-Law Suite Solution
Now, some forward-thinking developers are building in-law suites into new homes and calling them multigenerational homes.

  • Multi-generational families living under one roof is a national trend that we’re seeing.
  • The idea is to create two distinct access points on the different levels one for the home and another for the flex space.
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Surf Lessons on the beach - Port Aransas Vacation Rentals and Resort Real Estate - Cinnamon Shore

Surf Lessons on the beach - Port Aransas Vacation Rentals and Resort Real Estate - Cinnamon Shore | Texas Coast Real Estate | Scoop.it
Port Aransas Vacation Rentals and Resort Real Estate - Cinnamon Shore
Join us for Texas Surf Camps’ surfing lessons at Cinnamon Shore !!
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Hardest Working Cities in America gives Houston mediocre score - Houston Business Journal

Hardest Working Cities in America gives Houston mediocre score - Houston Business Journal | Texas Coast Real Estate | Scoop.it
Although Houston wasn't on the top of the list of hardest-working cities, it did outrank every other major Texas metro.
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Longport Beach Cottage with Coastal Interiors - Home Bunch - An Interior Design & Luxury Homes Blog

Longport Beach Cottage with Coastal Interiors - Home Bunch - An Interior Design & Luxury Homes Blog | Texas Coast Real Estate | Scoop.it
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Electric Cars Will Cause the Next Oil Crisis

Electric Cars Will Cause the Next Oil Crisis | Texas Coast Real Estate | Scoop.it
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Michael Stuart's insight:

This isn’t something oil markets are planning for, and it’s easy to see why. Plug-in cars make up just one-tenth of 1 percent of the global car market today. They’re a rarity on the streets of most countries and still cost significantly more than similar gasoline burners. OPEC maintains that electric vehicles (EVs) will make up just 1 percent of cars in 2040. 


Batteries account for a third of the cost of building an electric car. For EVs to achieve widespread adoption, one of four things must happen:

1. Governments must offer incentives to lower the costs.
2. Manufacturers must accept extremely low profit margins.
3. Customers must be willing to pay more to drive electric. 
4. The cost of batteries must come down.


The rise of autonomous cars and ride-sharing services like Uber and Lyft, would put more cars on the road that drive more than 20,000 miles a year. The more miles a car drives, the more economical battery packs become. 


If these new services are successful, they could boost electric-vehicle market share to 50 percent of new cars by 2040, according to BNEF.

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Volatility in the oil markets is now higher than during the financial crisis

Volatility in the oil markets is now higher than during the financial crisis | Texas Coast Real Estate | Scoop.it

The price of oil has rebounded from a 12-year low, and sent commodity stocks soaring, but remains under $30.

Michael Stuart's insight:

The price of oil has been like a YoYo over the past few weeks, with rises and falls of as much as 8% per. That volatility is reflected by the surge in the Oil Volatility Index, which has just passed its biggest peak since the 2008-09 financial crisis.

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