- Feb 22, 2017
- 104,737
- 35,429
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The US is producing more than they ever have in our history.
There is ZERO incentive for the oil companies to produce more and drive the prices down.
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The next Biden Shortage...Diesel Fuel...
- Thread starter Missourian
- Start date
The US is producing more than they ever have in our history.
There is ZERO incentive for the oil companies to produce more and drive the prices down.
Is that because of or in spite of Quid Pro Joe?Here are some facts for you to choke on...
Here is the average US oil production by year (Thousand Barrels per Day)
U.S. Field Production of Crude Oil (Thousand Barrels per Day)
View attachment 841099
The US is producing more than they ever have in our history.
There is ZERO incentive for the oil companies to produce more and drive the prices down.
Sure there is. Now, can you think of what it might be?
Somehow, I doubt it.
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Is that because of or in spite of Quid Pro Joe?
The latter
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Sure there is. Now, can you think of what it might be?
Somehow, I doubt it.
Nope, there is none. Prices are nice and high and they are making record profits and even exporting record amounts.
It is a good time to be in the oil business.
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
I've already numerous times have explained to you that we are not keeping up with demand.... if we were the price would not be what it is.... there are different types of crude some for fuel but a lot of crude is not for fuel its for heating oil and plastics and paint... its not clean enough to be refined into gas or diesel..... your stats are meaningless without a bunch of missing facts... if we are pumping more oil but not as much as we need for gas.... its pretty simple.... we are going to cause inflation....Here are some facts for you to choke on...
Here is the average US oil production by year (Thousand Barrels per Day)
U.S. Field Production of Crude Oil (Thousand Barrels per Day)
View attachment 841099
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Absolutely one of the worst... where have you been?...Politico is “fake news”?
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Good time to be in the oil business??? are you nuts?... do you know how much investment money oil companies have lost just by Biden signing a no drill order on land that oil companies have already invested millions in looking for drilling sites? do you ever think for yourself...Nope, there is none. Prices are nice and high and they are making record profits and even exporting record amounts.
It is a good time to be in the oil business.
Good time to be in the oil business??? are you nuts?... do you know how much investment money oil companies have lost just by Biden signing a no drill order on land that oil companies have already invested millions in looking for drilling sites? do you ever think for yourself...
Nope. He's a progbot. No thinking allowed.
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Thank God you left....Lived in Texas for decades and South Carolina for a time.
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
I've already numerous times have explained to you that we are not keeping up with demand.... if we were the price would not be what it is.... there are different types of crude some for fuel but a lot of crude is not for fuel its for heating oil and plastics and paint... its not clean enough to be refined into gas or diesel..... your stats are meaningless without a bunch of missing facts... if we are pumping more oil but not as much as we need for gas.... its pretty simple.... we are going to cause inflation....
Prices are what they are because the rest of the world is producing less not than they were prior to COVID.
The US is producing more than we ever have, and we are exporting more than we ever have.
Perhaps you should call for the nationalization of the oil industry to keep them from exporting it
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Good time to be in the oil business??? are you nuts?... do you know how much investment money oil companies have lost just by Biden signing a no drill order on land that oil companies have already invested millions in looking for drilling sites? do you ever think for yourself...
Yep, they are just suffering to badly...
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Prices are what they are because by us pumping less than we need other nations can control the price by cutting production and up goes the cost... that benefits them... it all begins with the largest producer and that is or was us.... you are arguing up a wall... if we were pumping what we needed the price would go down period...Prices are what they are because the rest of the world is producing less not than they were prior to COVID.
The US is producing more than we ever have, and we are exporting more than we ever have.
Perhaps you should call for the nationalization of the oil industry to keep them from exporting it
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Your fake news stat doesn't show their losses due to the war on fossil fuels.... your takes are getting weaker these days....
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Prices are what they are because by us pumping less than we need other nations can control the price by cutting production and up goes the cost... that benefits them... it all begins with the largest producer and that is or was us.... you are arguing up a wall... if we were pumping what we needed the price would go down period...
We have never pumped 20 MILLION barrels, per day. We are pumping now more than at any point in our history and our consumption is not any different now than it was in 2019
IF we pumped more then the oil companies would just export even more, as they do not want the prices to go down
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Your fake news stat doesn't show their losses due to the war on fossil fuels.... your takes are getting weaker these days....
You might want to find a 6th grader and have them explain what the word "profit" means to you
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
We have more people today more companies today more cars today more factories today... nothing is stagnant dummy....We have never pumped 20 MILLION barrels, per day. We are pumping now more than at any point in our history and our consumption is not any different now than it was in 2019
IF we pumped more then the oil companies would just export even more, as they do not want the prices to go down
- Jan 19, 2010
- 67,832
- 62,270
- 3,605
Have you started taking dumb pills?....You might want to find a 6th grader and have them explain what the word "profit" means to you
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
We have more people today more companies today more cars today more factories today... nothing is stagnant dummy....
- Feb 22, 2017
- 104,737
- 35,429
- 2,290
Have you started taking dumb pills?....
This from the person that does not know what the word "profit" means?
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