Crude Oil Prices Turn Lower on U.S. Drilling Activity

Discussion in 'Energy' started by Weatherman2020, Mar 19, 2018.

  1. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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  2. william the wie
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    william the wie Gold Member

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    Italy is now a net exporter of NG. Russia and Iran are in very big trouble.
     
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  3. Pogo
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    Pogo Diamond Member

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    "Women" huh.

    Anyone of any gender who claims "we can drill our way to lower gas prices" deserves the mockery, for they know nothing of what they babble. First of all "we" don't drill. Oil companies drill. And they do so where and when and to what extent, that it will profit themselves, and obviously lowering prices doesn't serve that, and just as obviously multinational megacorporations owe no allegiance to a national flag, but rather to their own shareholders.

    Second, oil is an international fungible commodity, so those multinational oil companies that did the drilling and refining are going to then take it to that international market and sell it where it will be the most profitable. There is NO direct relationship between "what 'we' drill" and "what we pay at the pump". There never has been. Unless you want to nationalize the oil industry and go it alone, there never will be.
     
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  4. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    Hilarious claptrap.

    America drilled our way to lower prices. And the worlds leading producer of oil.

    And FYI, dumbass - many private citizens have oil wells.

    Go hug a fracker. They saved you a lot of money.
     
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  5. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    And Israel just discovered a huge NG field.

    Tough times to be a leftist/Russia/Iran stooge.
     
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  6. Pogo
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    Pogo Diamond Member

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    Clearly you haven't a clue in the world about how the oil bidness works. Everything I posted in 3 IS how it works. Read it and learn something, or prove me wrong.

    It's also instructive how quickly you abandoned the original bogus point and switched off to "natural gas".
     
  7. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    America drilled her way to cheap oil.
    America is now leads the world in oil.
    Low income Americans can now afford to fill their cars with gas.
    MAGA.
     
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  8. william the wie
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    william the wie Gold Member

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    Not if they live in the blue wall they can't
     
  9. Pogo
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    Pogo Diamond Member

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    :lmao:
    Kind of a neat trick since the price of gas has gone UP in the past year.
    You just turned a round-the-horn Double Think.
     
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  10. longknife
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    longknife Diamond Member

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