American OIl Producers Time's Up!

Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.
ROTFLMAO. You are stupid, stupid, stupid.

Care to elaborate on that, Uber-Tard?
Obviously, you don't understand the difference between refined and crude oil, shit-for-brains.
Oh but I do, Faggatronius Maximus.

When Oil is refined, Diesel fuel is made and sold.
Motor oil is the cheaper stuff, yet they've been been gouging people on it since the Bush days.
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.

Oil barrels contain 42 gallons.
I'm from the old school. :slap:

Oil barrels have always been 42 gallons. I learned it in the old school.
 
Trump is trying to get oil prices higher. Consult someone for the appropriate talking point.


Low oil prices might be great to the average consumer filling up their car to go to work, but by and large, they are not good for the American energy sector. Now, you may not care about that, but you should. The energy sector employs a lot of people and just about all retirement plans (401k, union and govt. pensions, etc.) have a mix of energy stocks. When those companies suffer so does your retirement, so low oil prices at a macroeconomic level really are not desirable.

And that's not a talking point. Any economist will tell you that.
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.
ROTFLMAO. You are stupid, stupid, stupid.

Care to elaborate on that, Uber-Tard?
Obviously, you don't understand the difference between refined and crude oil, shit-for-brains.
Oh but I do, Faggatronius Maximus.

When Oil is refined, Diesel fuel is made and sold.
Motor oil is the cheaper stuff, yet they've been been gouging people on it since the Bush days.
Like I said, you are stupid, stupid, stupid, LOL.
 
Trump is trying to get oil prices higher. Consult someone for the appropriate talking point.


Low oil prices might be great to the average consumer filling up their car to go to work, but by and large, they are not good for the American energy sector. Now, you may not care about that, but you should. The energy sector employs a lot of people and just about all retirement plans (401k, union and govt. pensions, etc.) have a mix of energy stocks. When those companies suffer so does your retirement, so low oil prices at a macroeconomic level really are not desirable.

And that's not a talking point. Any economist will tell you that.

I worked in the oil/gas bidness for 26 years. I was trying to enlighten Duke about Trump's efforts (to get prices higher). I didn't opine otherwise.
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!

No.
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.

1 quart of oil is $6, and a 55-gallon drum is $18?

You know the stuff in the 55-gallon drum is very different than the stuff in the 1 quart bottle, right?
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!
It don't matter what the world does to slow the supply of oil. TEXAS is there to meet a great portion of the demand.

OPEC and the gang try to tank prices. Texas continues to produce a lower prices. OPEC tries to limit supply. Texas continues to produce and Aggie Football benefits even more.

The point is, TEXAS is your motherfucking daddy, and we are not going to stop.

:dance:
:banana:
YayTexas.gif


Join me for The National Anthem:

Texas-Flag-Small.gif


Texas , Our Texas ! All hail the mighty State!
Texas, Our Texas ! So wonderful so great!
Boldest and grandest, withstanding ev'ry test
O Empire wide and glorious, you stand supremely blest.
(Chorus)
Texas , Our Texas ! Your freeborn single star,
Sends out its radiance to nations near and far,
Emblem of Freedom! It sets our hearts aglow,
With thoughts of San Jacinto and glorious Alamo.
(Chorus)
Texas, dear Texas ! From tyrant grip now free,
Shines forth in splendor, your star of destiny!
Mother of heroes, we come your children true,
Proclaiming our allegiance, our faith, our love for you.
(Chorus)
God bless you Texas! And keep you brave and strong,
That you may grow in power and worth, throughout the
ages long.

God bless you Texas ! And keep you brave and strong,
That you may grow in power and worth, throughout the ages long.
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.

Oil barrels contain 42 gallons.
I'm from the old school. :slap:

More like from no school.

55 gallon drum LOL what a fucking moron. Talk about know NOTHING about the oil industry.
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!
It don't matter what the world does to slow the supply of oil. TEXAS is there to meet a great portion of the demand.

OPEC and the gang try to tank prices. Texas continues to produce a lower prices. OPEC tries to limit supply. Texas continues to produce and Aggie Football benefits even more.

The point is, TEXAS is your motherfucking daddy, and we are not going to stop.

:dance:
:banana:
YayTexas.gif


Join me for The National Anthem:

Texas-Flag-Small.gif


Texas , Our Texas ! All hail the mighty State!
Texas, Our Texas ! So wonderful so great!
Boldest and grandest, withstanding ev'ry test
O Empire wide and glorious, you stand supremely blest.
(Chorus)
Texas , Our Texas ! Your freeborn single star,
Sends out its radiance to nations near and far,
Emblem of Freedom! It sets our hearts aglow,
With thoughts of San Jacinto and glorious Alamo.
(Chorus)
Texas, dear Texas ! From tyrant grip now free,
Shines forth in splendor, your star of destiny!
Mother of heroes, we come your children true,
Proclaiming our allegiance, our faith, our love for you.
(Chorus)
God bless you Texas! And keep you brave and strong,
That you may grow in power and worth, throughout the
ages long.

God bless you Texas ! And keep you brave and strong,
That you may grow in power and worth, throughout the ages long.


Thats right. We've gotten the expense of pulling a barrel out of the ground down to about 30/barrel. We'll keep on and get it down to 10-15/barrel.
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.

Oil barrels contain 42 gallons.
I'm from the old school. :slap:

More like from no school.

55 gallon drum LOL what a fucking moron. Talk about know NOTHING about the oil industry.

No I am not in the oil industry.
Really..eat this:
 
Gas prices too low for ya, commie boy?
If Trump has done nothing else, the fuel supply in America has been righted.
Carter screwed up the fuel supply in America and it stayed that way 40 years.
I'm more concerned with the price of quarts of oil.
So ..lemme get this straight..1 quart of oil is $6, and a 55-gallon drum is $18? That math ain't looking good.

Oil barrels contain 42 gallons.
I'm from the old school. :slap:

More like from no school.

55 gallon drum LOL what a fucking moron. Talk about know NOTHING about the oil industry.

No I am not in the oil industry.
Really..eat this:

Your link: "The unit “barrel” was still 42 gallons while the container was 55, so the 55 gallon steel drum kept being pushed farther and farther away from the industry that invented it.
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!

Yeah, no. Oil simply does not work that way.

What we have to screen out through politician bullshit is that "WE" do not drill for, transport or refine oil. OIL COMPANIES do all that, oil companies which are multinational corporations beholden not to any national flag but to their stockholders. That oil is poured into an international market. "We" have no control over that, unless you want to nationalize the oil industry.
 
Yeah, no. Oil simply does not work that way.

What we have to screen out through politician bullshit is that "WE" do not drill for, transport or refine oil. OIL COMPANIES do all that, oil companies which are multinational corporations beholden not to any national flag but to their stockholders. That oil is poured into an international market. "We" have no control over that, unless you want to nationalize the oil industry.
The ONLY control "we" have is production at the local level.

Production is getting to be very cheap, so OPEC no longer owns the supply. They have tried so much shit to put Texas producers out of business, but it is over. Their power is GONE!!!

.
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!

You do realize that oil production is global and not domestic, don't you? You also realize that the government doesn't have the authority to control oil flow given the fact much of it is produced on private land--not government.

Oil is low priced for everybody, not just the US. We might be shipping our oil out to another country, while importing oil from other countries. We don't exclusively use our own oil. In order for us to do that, we would have to pull out of the commodities market. The commodities market was created for price stabilization.

When the price of oil gets too low, the land owners order a stop of oil extraction on their land until the price goes back up. So the market eventually does take care of itself. Even if Russia and Saudi kissed and made up, the price will continue to be low because oil prices are generally proportional with the economy. When people aren't working, they use less fuels. That creates a greater supply than demand situation.
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!
So you believe high prices for oil are a benefit to humanity? The only people it benefits are the sheiks in wealth Middle East oil producing countries or the dictators in Venezuela.

You're a moron
 
Are Americans good people or not? On this issue I stand squarely on the side Americans are good, not selfish and unfair, people? This value is being tested on the issue of whether America will do its duty toward the world community in controlling the oil supply it's producers put on the world wide market so as to maintain a fair price for oil in the world wide market! For ten years America has failed the world wide community as the countries of Saudi Arabia and Russia, the two behemoths in the world market, have done their part America has let her shale producers go untethered letting greed for oil money be their only guide. Good people have lost patience it is not acceptable the U.S, oil industry and American right wing politicians response we believe in free markets and markets correct themselves meaning low prices drive down supply and brings the supply/demand relationship into balance; it brings too much pain in the world the low price correction on supply. To many American executives and many of her wealthy citizens these casino capitalism values are the end of the story; to good people they recognize that oil revenue from foreign country producers is the principle revenue source for many of these countries, these countries need this money to provide a decent standard of living and to provide competent health care for their people. It is no longer tolerable that American greed drags the world through the hardship experience of having unfairly low oil prices.

America could be a good country by doing what some Texas regulators want which is having the state put a pro rata limit on oil production with the state and having every major producing state have such regulation. The state regulatory body could determine the limit by using the states past production, America's need on supply, the worlds need on supply and a pro rata limit on production moderately adjusted by a consideration on leases that oil producers have in the state and such producers if any who want to and are prepared to increase production over the next year. Instead of a state regulatory system, America could have a oil producing region system: the Permian, the Bakken, Eagle Ford and the Gulf of Mexico, etc.. What would seem to me would be the easiest system is the Federal government pass a law that for oil produced in the United States just ban the export of such oil; America lived with such a ban for forty years from the early 1970's to 2015. If America doesn't step-up here and fulfill its role as a good country here I suspect there will be very regrettable consequences. America has a large group of its citizens that are environmentalists; these Americans think it is wrong this shale oil production that uses pressure fracture drilling which contaminates underground water supplies and causes earthquakes and this off-shore oil production which threatens the wonderful eco-system in the ocean off our coasts besides the fact it takes away from the scenic beauty of our coasts. It wouldn't surprise me at all if in the future environmentalists get the upper hand and change the game of oil production in America!
So you believe high prices for oil are a benefit to humanity? The only people it benefits are the sheiks in wealth Middle East oil producing countries or the dictators in Venezuela.

You're a moron

It benefits states like Texas and Louisiana who have hundreds of thousands of people in the oil and gas industry. I know this cheap gas is fun but it's going to crush my state.
 

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