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Rig counts see biggest jump in four years
The U.S. rig count is climbing with crude prices as tensions between the U.S. and Russia...www.houstonchronicle.com
MoronSince Biden took office:
- Operating drilling rigs in US increased from 251 to 727 & rising.
- US oil production increased from 9.7 mb/d to 12 mb/d & rising.
- Wholesale Gasoline price has dropped 70cents over the last 2 weeks.
- Crude Oil price dropped $14 over the last week
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I don't get why we flare so much gas in the oil fields, yet continue to keep drilling for gas.
But the SAUDS killed a Terrorists Journalist....Remember when the leftoids went nuts over Trump and Suadi Arabia? Over some killing? Now they say nothing about Biden kowtowing to the Saudis for more oil.
And neither of you have sorted out Exploratory and production drilling. Rig counts are primarily exploratory at this point... They must know if a region is going to produce before they drill production wells.It's been going up, but it's been pretty steady.
Rig Count Overview & Summary Count | Baker Hughes Rig Count
The Investor Relations website contains information about Baker Hughes Rig Count's business for stockholders, potential investors, and financial analysts.rigcount.bakerhughes.com
Most oil drillers are going for gushers.And neither of you have sorted out Exploratory and production drilling. Rig counts are primarily exploratory at this point... They must know if a region is going to produce before they drill production wells.
You obviously have never worked in the oil fields. That explains your lack of knowledge on the subject.Most oil drillers are going for gushers.
Nobody wants to waste millions drilling dry holes.
Next you will try to say Trump laid more miles of oil pipeline than Obama.
That's what Trumps holdover Fed Chair Jerome Powell is doing. Biden needs to remove his ass.Biden's answer to drive pump prices down, let the economy tank big time, and prices will indeed drop.
I think the Fed has now gone rogue. Housing starts, stock market, Oil & Gasoline are all falling, store shelves are packed, foreign central banks started tightening & hiking rates, yet Fed Powell is still hiking rates. Powell is going to cause a recession & job loss. With the rest of the world starting to hike rates, US inflation will be gone.He did exactly as he was told by Biden.... Attributing blame where it does not belong... No Suprise for left tards,,,
Bull Shit... that is the only words that describe your propaganda...I think the Fed has now gone rogue. Housing starts, stock market, Oil & Gasoline are all falling, store shelves are packed, foreign central banks started tightening & hiking rates, yet Fed Powell is still hiking rates. Powell is going to cause a recession & job loss. With the rest of the world starting to hike rates, US inflation will be gone.
/----/ Prices are falling stright up.Supply is up & prices are falling.
Most oil drillers are going for gushers.
Nobody wants to waste millions drilling dry holes.
Next you will try to say Trump laid more miles of oil pipeline than Obama.
