What a racist retarded coward you are liar. You have no facts. Just your raging TDS and crying because you got slapped again. Xiden’s policies were the direct cause asshole. Period. End of argument. Now go drink more Xiden piss.
What a racist retarded coward you are liar. You have no facts. Just your raging TDS and crying because you got slapped again. Xiden’s policies were the direct cause asshole. Period. End of argument. Now go drink more Xiden piss.
This has already been addressed earlier and shown that the public land leases are rife with stifling regulations.
Also, the industry really doesn't want to put the money and effort into the construction to have the rug pulled
out from under them with more regulations from Brandon.
If you want to do the name calling, you are the 'tard' to believe such bullshit.
Trump had created a stable market, and the vision to continue energy dominance.
Your fucking buffoon came in and on the first day and started signing EO's to destroy
that industry.
You can spin and dance all you want with you flinging your bullshit, but you will always be
a 'tard', g.
If you want to do the name calling, you are the 'tard' to believe such bullshit.
Trump had created a stable market, and the vision to continue energy dominance.
Your fucking buffoon came in and on the first day and started signing EO's to destroy
that industry.
You can spin and dance all you want with you flinging your bullshit, but you will always be
a 'tard', g.
Commentary:
Do people believe this Bull Crap? Biden’s statements are “talking points” for the brain-dead population to pass on to social media and the MSM to regurgitate in the evening news.
Notice too that Democrat voters continue to come up ridiculous excuses as to why Progressive Maoist/DSA democrat politicians do such stupid and harmful things to American citizens.
They just can't bring themselves to vote for a republican even though doing so would make far more sense.
I don't think the presidency is a place for someone who is "just learning" basic economics. If a junior economist at his first job just out of college displayed ignorance like this, it would be fair to say, "Hey, give the kid a break. He's just learning."
But the presidency is not the place for someone with this much ignorance. Joey Xi Bai Dung should have learned this stuff in junior positions long before he became president. I want a president with some experience, knowledge, and skill.
Joey Xi shows none of these attributes. Every move he's made since January 2021 show's he's either completely incompetent or diabolically making decisions to destroy America.
Apparently you do. I personally didn’t find any of the fox arguments very compelling.
On the one hand, Biden is blamed for canceling leasing permits. Presumably this means that progress toward increasing supply was halted.
On the other hand, when informed that there are over 9,000 unused leases already in possession of producers we hear about how
“it’s not that easy” or “it takes time to develop”.
Well no shit. Then how did Biden stop or even slow down any production at all then?
This Foxbait garbage literally comes out of both sides of their mouth in the same segment and you dopes slurp it right down. You don’t even recognize it.
Globally, crude's reserves-to-production ratio has hovered between 40-55 years. The 1P estimate is an estimate of proven reserves, what is likely to be extracted from a well, 90% probability. Probable reserves are given 50% certainty (2P) and possible reserves a 10% certainty (3P).
The short answer to the question posed is....a lot. Or at least way more than many groups and people out there want you to believe. Today, the world is swimming in oil, and prices have been sliced in half over the past year. “Peak oil” theory for production is predicated [...]
our forecast horizon we will be in a 104 mb/d market and the call on OPEC crude and stock change rises from 32.2 mb/d in 2016 to 35.8 mb/d in 2022. With the group forecast to add 1.95 mb/d to production capacity in this period, this implies that available spare production capacity will fall below 2 mb/d.
Oil is a resource… it will run out
For decades now, the topic of when our oil will run out has been the focus of analysts and industry experts. The concern is real. Oil is a resource and will eventually be depleted. Once we discover and process all sources, there’s nothing else. It’s only a question of time. Oil still remains the largest source of primary energy worldwide. According to the U.S. Energy Information Administration, the global supply of oil, bio-fuel and liquid hydrocarbons are still enough to meet the global demand for liquid fuels for another 25 years. The good news is that developing countries are now seriously exploring and using alternative and renewable energy.
Here’s the latest report on Oil Consumption and Demand.
1. The world oil consumption per day is 91.7 million barrels as of May 2014.
2. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day.
3. China uses 10% of the world’s oil. It is expected to overtake the U.S. as the largest oil consumer.
4. The global oil demand is expected to increase by 1.3 million barrels a day by late 2014.
Oil companies face whether they might suffer political retribution in their dealings with foreign governments in wake of political lobbying in Washington that scuttled China's Cnooc from acquiring Unocal; fate of Unocal is finally settled when majority of company's shareholders approve takeover...
tinyurl.com
An Oil Enigma: Production Falls Even as Reserves Rise
Chevron Texaco says its proven oil and natural gas reserves have risen 14 percent, over one billion barrels, in last six years, but its annual output during that time has fallen by almost 15 percent; Chevron Texaco is not only big oil company whose production is falling despite rising reserves...
www.nytimes.com
"The decline of oil and gas will affect the world population more than climate change"
Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).
The Oil Crunch
The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it hap-pen? Maybe it already has.
Paul Krugman Op-Ed column says oil is getting more expensive not only because of war in Iraq but also because of intensifying competition for limited world oil supply, with biggest increases in demand coming from booming developing countries like China; says no major oil fields have been found...
Royal Dutch/Shell Group's oil production in Oman has been declining for years, belying company's optimistic reports and raising doubts about whether new technology can extend life of huge but mature oil fields in Middle East; internal Shell documents suggest that figure for proven oil reserves...
www.nytimes.com
Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.
Tight Oil Supply Won't Ease Soon
Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.
Gas prices are likely to remain high because no relief is in sight for tight oil supplies; most countries and major companies are producing all they can, smaller companies and wildcatters do not have enough wells to re-open and Saudi Arabia's extra oil is too heavy in sulfur for main consuming...
tinyurl.com
The end of the Fossil Fuel era is upon us so what are we going to do next-?
As I said earlier in this topic, a president has very little influence over global oil prices. When I was thanking Biden for the price of oil, I was being satirical. When prices are low, Biden gets no credit. When prices are high, Biden gets blamed. I was rubbing the hypocrisy of that in your faces.
Conversely, when prices were low under Trump, Trump took credit. When prices were high, Trump took no blame. Just like with the stock market.
Trump NEVER takes blame. Always takes credit. And the rubes eat it up.
If Trump were president right now, he'd be blaming the man in the moon and Pelosi for inflation and bragging about the best GDP growth in 40 years. And you and I both know that is true.
Globally, crude's reserves-to-production ratio has hovered between 40-55 years. The 1P estimate is an estimate of proven reserves, what is likely to be extracted from a well, 90% probability. Probable reserves are given 50% certainty (2P) and possible reserves a 10% certainty (3P).
The short answer to the question posed is....a lot. Or at least way more than many groups and people out there want you to believe. Today, the world is swimming in oil, and prices have been sliced in half over the past year. “Peak oil” theory for production is predicated [...]
our forecast horizon we will be in a 104 mb/d market and the call on OPEC crude and stock change rises from 32.2 mb/d in 2016 to 35.8 mb/d in 2022. With the group forecast to add 1.95 mb/d to production capacity in this period, this implies that available spare production capacity will fall below 2 mb/d.
Oil is a resource… it will run out
For decades now, the topic of when our oil will run out has been the focus of analysts and industry experts. The concern is real. Oil is a resource and will eventually be depleted. Once we discover and process all sources, there’s nothing else. It’s only a question of time. Oil still remains the largest source of primary energy worldwide. According to the U.S. Energy Information Administration, the global supply of oil, bio-fuel and liquid hydrocarbons are still enough to meet the global demand for liquid fuels for another 25 years. The good news is that developing countries are now seriously exploring and using alternative and renewable energy.
Here’s the latest report on Oil Consumption and Demand.
1. The world oil consumption per day is 91.7 million barrels as of May 2014.
2. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day.
3. China uses 10% of the world’s oil. It is expected to overtake the U.S. as the largest oil consumer.
4. The global oil demand is expected to increase by 1.3 million barrels a day by late 2014.
Oil companies face whether they might suffer political retribution in their dealings with foreign governments in wake of political lobbying in Washington that scuttled China's Cnooc from acquiring Unocal; fate of Unocal is finally settled when majority of company's shareholders approve takeover...
tinyurl.com
An Oil Enigma: Production Falls Even as Reserves Rise
Chevron Texaco says its proven oil and natural gas reserves have risen 14 percent, over one billion barrels, in last six years, but its annual output during that time has fallen by almost 15 percent; Chevron Texaco is not only big oil company whose production is falling despite rising reserves...
www.nytimes.com
"The decline of oil and gas will affect the world population more than climate change"
Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).
The Oil Crunch
The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it hap-pen? Maybe it already has.
Paul Krugman Op-Ed column says oil is getting more expensive not only because of war in Iraq but also because of intensifying competition for limited world oil supply, with biggest increases in demand coming from booming developing countries like China; says no major oil fields have been found...
Royal Dutch/Shell Group's oil production in Oman has been declining for years, belying company's optimistic reports and raising doubts about whether new technology can extend life of huge but mature oil fields in Middle East; internal Shell documents suggest that figure for proven oil reserves...
www.nytimes.com
Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.
Tight Oil Supply Won't Ease Soon
Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.
Gas prices are likely to remain high because no relief is in sight for tight oil supplies; most countries and major companies are producing all they can, smaller companies and wildcatters do not have enough wells to re-open and Saudi Arabia's extra oil is too heavy in sulfur for main consuming...
tinyurl.com
The end of the Fossil Fuel era is upon us so what are we going to do next-?
I've been hearing about "peak oil" since I was a kid. We were supposed to run out of oil and food and water by the year 2000 and we'd all be back in the caves.
What I really want to know is...where the hell is my jetpack we were all supposed to have by now?
I think they want the Government to interfere in the market... Will the no bitch and wine that the Government is too intrusive then?
Can they stick to the one story....
This is market forces at work... There is a deliberate control on supply even before this war... The Right here are trying to blame the Democrats for capitalistic market forces not reducing the price of oil. There has been only one President recently who asked for supply to be cut.
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.
www.nytimes.com
So when Biden came in and tried to reverse Trump's position:
OPEC and its allies, including Russia, believe oil markets do not need more oil than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise, four sources told Reuters.
www.reuters.com
OPEC were in no mood to be ordered around any more...
So the seeds of this is back at Trump....
Biden is fixing it but it is taking time to fix Trump's mistakes:
I think they want the Government to interfere in the market... Will the no bitch and wine that the Government is too intrusive then?
Can they stick to the one story....
This is market forces at work... There is a deliberate control on supply even before this war... The Right here are trying to blame the Democrats for capitalistic market forces not reducing the price of oil. There has been only one President recently who asked for supply to be cut.
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.
Well then, let me be the 1st to inform you (and these are NOT my numbers but projections by the government and oil people) that our 2022 PROJECTED millions of barrels per day is 11.85, which is still below the 12.29 which we did in 19.
Let me also point out to you, that as of this writing, the USA has the largest known oil reserves in the world of any country on this planet. Let me also point out to you, that as of recently, frackers made a profit at around 45 dollars a barrel, and pumped like hell in 2019.
Now then, you are a logical person. With the demand for oil RISING through the next 10 years at the very least, don't you think something looks amiss here! I mean, are not oil companies seen as greedy? Why wouldn't they want to get their hands on that liquid gold? Why hasn't Biden held an energy summit yet? It is the number 1 issue for this year, and most of last, the price of energy going forward. In fact, politically you would think it would help him considerably if he was an honest broker to do so.
No, the fact is, like it or not, this is all politics. They admitted on many occasions what they wanted to do, and as long as no nuclear war, they see Pooty as helping them achieve their goals while he stands in for the forseeable future as the boogeyman instead of them being blamed; or so they think.
No matter what anyone believes, it is obvious that Biden is not doing the logical thing, unless he is doing it secretly behind the scenes. That is how almost 70% of Americans see it, and unless he pulls a big surprise with something nobody is aware of, his party is gone in November; and in fact, probably will be anyway.
A jet pack, rocket belt, or rocket pack is a device worn on the back which uses jets of gas or liquid to propel the wearer through the air. The concept has been present in science fiction for almost a century and became widespread in the 1960s. Real jet packs have been developed using a variety of mechanisms, File:Rocket man02 - melbourne show 2005.jpg - Wikipedia -
tinyurl.com
environment.guardian.co.uk
members.aol.com
www.theworldcounts.com
tinyurl.com
www.nytimes.com
www.reuters.com
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SOLRIN5EFJM7JNUPGLPH642ICY.jpg)
www.reuters.com
www.nytimes.com
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