BrokeLoser
Diamond Member
What percentage of Democrats are done pretending and pissed about the chaos, costs and failures this administration has yielded for the American people? There’s just no way people can continue to self manipulate…right?
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I don't think anything can do that to the dem base.....The "no more mean tweets" crowd will be swayed though.Nothing better to break a TDS fever than $6 gas....
Trust me, with the price of crude, between $110.00 and $135.00 Plus/Barrel, you are going to get plenty of drilling whether the administration makes any change or not. It is the way business works. The oil companies had no motivation at lower price to increase production, so they didn't. It is a sellers market. They are going to need more product to take advantage of it. At these prices it is worth it. And, look how much their profits increased, by just pumping what they wanted to pump, with reduced investment in drilling and added logistics.Well since 70% of the country wants more domestic production I would say a significant enough amount to produce major pain on election night
Diesel #2 $6.35 in Los Angeles this morning.Nothing better to break a TDS fever than $6 gas....
What percentage of Democrats are done pretending and pissed about the chaos, costs and failures this administration has yielded for the American people? There’s just no way people can continue to self manipulate…right?
There was alrdy work in Alaska being done but Joe shut it down, enough to refill vital infstucture called The Alaska PipelineTrust me, with the price of crude, between $110.00 and $135.00 Plus/Barrel, you are going to get plenty of drilling whether the administration makes any change or not. It is the way business works. The oil companies had no motivation at lower price to increase production, so they didn't. It is a sellers market. They are going to need more product to take advantage of it. At these prices it is worth it. And, look how much their profits increased, by just pumping what they wanted to pump, with reduced investment in drilling and added logistics.
Oh no-- you do not understand, BL, a democrat would never admit anything they've done was ever wrong or even bad if their actions drove the Moon into colliding with the Earth.
Trans Alaska Pipeline System (TAPS) has been in operation for years. I am only aware, we are keeping the Arctic Wildlife Refuge safe at this time, which I have no problem with. What pipeline are you talking about?There was alrdy work in Alaska being done but Joe shut it down, enough to refill vital infstucture called The Alaska Pipeline
Nothing better to break a TDS fever than $6 gas....
Trust me, with the price of crude, between $110.00 and $135.00 Plus/Barrel, you are going to get plenty of drilling whether the administration makes any change or not. It is the way business works. The oil companies had no motivation at lower price to increase production, so they didn't. It is a sellers market. They are going to need more product to take advantage of it. At these prices it is worth it. And, look how much their profits increased, by just pumping what they wanted to pump, with reduced investment in drilling and added logistics.
If you are in business, would your rather sell less and make more, or work harder, to produce more sell more for less per unit? That is exactly how supply and demand works. When the price is going up or already up, and demand is high and supply steady, you can make a bundle. As price rises more people compete to be able to produce to supply the demand to make those bucks. If enough is produced, beyond demand, price drops and people that were pumping may not choose to get in. Pull up any recent quarterly or annual report. The oil companies are making money like gang busters right now. They are in business to make money, not feed the economy as their primary goal. If you paid $10,000 for a leased site to drill, would you rather make $35.00 a barrel like in 2019 or pump the same amount from the same well for $112.00 a barrel like yesterday? If price per barrel were low, would you try to drill more or take advantage of a price increase as your product gains greater value without you having to increase your investment at all?That isn't how supply and demand works. Shortages cause high prices, and prices drop when there's a surplus.
Don't waste your time. That guy is one of the biggest idiots on this forum. I seriously think he's the victim of a head injury.That isn't how supply and demand works. Shortages cause high prices, and prices drop when there's a surplus.
If you are in business, would your rather sell less and make more, or work harder, to produce more sell more for less per unit? That is exactly how supply and demand works. When the price is going up or already up, and demand is high and supply steady, you can make a bundle. As price rises more people compete to be able to produce to supply the demand to make those bucks. If enough is produced, beyond demand, price drops and people that were pumping may not choose to get in. Pull up any recent quarterly or annual report. The oil companies are making money like gang busters right now. They are in business to make money, not feed the economy as their primary goal. If you paid $10,000 for a leased site to drill, would you rather make $35.00 a barrel like in 2019 or pump the same amount from the same well for $112.00 a barrel like yesterday? If price per barrel were low, would you try to drill more or take advantage of a price increase as your product gains greater value without you having to increase your investment at all?
I used to by low and sell high. It was my job. Used to keep production stable, even when demand was lower, so I would not have to authorize as much overtime when demand went back up. What is socialist about that, just because the oil people went to the same type of business schools I graduated from?Your socialist side is showing through. Those mean, nasty, evil oil companies don't even set the price of their own oil. The high price of oil is set by the oil and gas speculation market, as well as idiots who say and do stupid things to cause the price to rise. Idiots like Joe Biden.
If he announced today that he was opening up the 11 billion barrel ANWAR for drilling, the price of oil and gas would drop like a rock.