Since oil prices is driving inflation. Here is a good article on oil production and the business along with government policies effecting oil prices.

[skews13]

No it takes six to eight months to get a well drilled to first drop.

If you read more and thought more for yourself you would be better off.

The Republican establishment wants you to be lazy.

Trump Humpers can't read. That was your first mistake.

 

[Independent thinker]

America Is the World’s Largest Oil Producer. So Why Is Losing Russia’s Oil Such a Big Deal?

The U.S. might be “energy independent,” but it still can’t control production.

www.theatlantic.com

They go into policy and how oil wells and fracking have slow response to demand causing the spike in oil prices.

Democrats are fanning the flames of ALL inflation. You make it sound like only oil and gas are causing inflation. Why spread misinformation?

 

[HandleTheTruth]

Trump Humpers can't read. That was your first mistake.

Asking them to educate themselves is kinda fruitless.

 

[HandleTheTruth]

Democrats are fanning the flames of ALL inflation. You make it sound like only oil and gas are causing inflation. Why spread misinformation?

Please show me the misinformation that I posted with supporting evidence that you don't understand?

 

[eagle1462010]

EplanningUi

eplanning.blm.gov

The Record of Decision was released on August 27, 2018.


Project Summary
The NPL project is located immediately south and west of the existing Jonah Gas Field within the BLM Pinedale and Rock Springs field offices in Sublette County, Wyoming, about 68 miles northwest of Rock Springs. The project encompasses 141,080 acres, 93 percent of which is on BLM-administered land. Jonah Energy LLC is proposing up to 3,500 directionally-drilled wells to be drilled over a period of 10 years. Most wells would be co-located on a single pad, with no more than 4 well pads being constructed per 640 acres. On average, each well pad would be 18 acres in size. Associated access roads, pipelines, compressor stations and other facilities would be co-located where possible to further minimize surface disturbance.

Jones Energy files for Ch. 11 bankruptcy to turn all its debt into equity

Oil and gas producer Jones Energy Inc sought bankruptcy protection on Sunday with a deal backed by large majorities of its secured and unsecured noteholders for a reorganization plan converting more than $1 billion in debt into equity.

www.reuters.com

APRIL 15, 2019

Oil and gas producer Jones Energy Inc sought bankruptcy protection on Sunday with a deal backed by large majorities of its secured and unsecured noteholders for a reorganization plan converting more than $1 billion in debt into equity.

 

[eagle1462010]

Asking them to educate themselves is kinda fruitless.

Educate as you spew lies about the situation

You just GO HE'S LYING......as I post real data that ******* destroys your BS.

 

[HandleTheTruth]

EplanningUi

eplanning.blm.gov

The Record of Decision was released on August 27, 2018.


Project Summary
The NPL project is located immediately south and west of the existing Jonah Gas Field within the BLM Pinedale and Rock Springs field offices in Sublette County, Wyoming, about 68 miles northwest of Rock Springs. The project encompasses 141,080 acres, 93 percent of which is on BLM-administered land. Jonah Energy LLC is proposing up to 3,500 directionally-drilled wells to be drilled over a period of 10 years. Most wells would be co-located on a single pad, with no more than 4 well pads being constructed per 640 acres. On average, each well pad would be 18 acres in size. Associated access roads, pipelines, compressor stations and other facilities would be co-located where possible to further minimize surface disturbance.

Jones Energy files for Ch. 11 bankruptcy to turn all its debt into equity

Oil and gas producer Jones Energy Inc sought bankruptcy protection on Sunday with a deal backed by large majorities of its secured and unsecured noteholders for a reorganization plan converting more than $1 billion in debt into equity.

www.reuters.com

APRIL 15, 2019

Oil and gas producer Jones Energy Inc sought bankruptcy protection on Sunday with a deal backed by large majorities of its secured and unsecured noteholders for a reorganization plan converting more than $1 billion in debt into equity.

Look at the date.

That was before oil prices cratered because of demand falling off the table. You didn't know that so I had to tell you.

 

[eagle1462010]

 

[HandleTheTruth]

Educate as you spew lies about the situation

You just GO HE'S LYING......as I post real data that ******* destroys your BS.

Yes you do. Good projection. I'm talking about bankruptcies in 2020 and you show me an article from 2018. Idiot.

 

[eagle1462010]

Look at the date.

That was before oil prices cratered because of demand falling off the table. You didn't know that so I had to tell you.

Nice spin.......I showed the data before and after the plannedemic MOONBAT...

lmao

Missed the part were they went bankrupt later.........huh...........IDIOT.

 

[HandleTheTruth]

Why show me an article about 2018 bankruptcies when I was talking about 2020 bankruptcies.

Do you not know any better?

 

[j-mac]

America Is the World’s Largest Oil Producer. So Why Is Losing Russia’s Oil Such a Big Deal?

The U.S. might be “energy independent,” but it still can’t control production.

www.theatlantic.com

They go into policy and how oil wells and fracking have slow response to demand causing the spike in oil prices.

Well, the Atlantic certainly sounds like cheerleaders for government take over of the oil industry...From the Socialists at that rag I would expect nothing less.

 

[HandleTheTruth]

Nice spin.......I showed the data before and after the plannedemic MOONBAT...

lmao

Missed the part were they went bankrupt later.........huh...........IDIOT.

You were the one spinning idiot. Your projection on me about your behavior is dy notes.

 

[HandleTheTruth]

Well, the Atlantic certainly sounds like cheerleaders for government take over of the oil industry...From the Socialists at that rag I would expect nothing less.

Yeah it's telling the truth and use of facts confuses you right wingers I guess.

 

[eagle1462010]

Yes you do. Good projection. I'm talking about bankruptcies in 2020 and you show me an article from 2018. Idiot.

lol

Sit and Spin *****............I showed what the plannedemic did by showing before and after the BS..

Guess you missed it huh.

Lying ass .........fitting symbol of the DNC .......dem you are ............You just can't help yourself but LIE.

 

[HandleTheTruth]

lol

Sit and Spin *****............I showed what the plannedemic did by showing before and after the BS..

Guess you missed it huh.

Lying ass .........fitting symbol of the DNC .......dem you are ............You just can't help yourself but LIE.

Might work on idiots.

Got a conspiracy theory about it?

 

[HandleTheTruth]

lol

Sit and Spin *****............I showed what the plannedemic did by showing before and after the BS..

Guess you missed it huh.

Lying ass .........fitting symbol of the DNC .......dem you are ............You just can't help yourself but LIE.

Desperate people will say desperate things.

 

[eagle1462010]

Might work on idiots.

Got a conspiracy theory about it?

Sure do..........I think there is a plan on shipping you sorry ***** to China.........I stated it.........Hope you have a nice trip.

What do you guys do for dessert............kill babies in the womb............OH SHIT........YOU DO THAT ALREADY.

Your constant denial over the facts presented............is WORTHLESS.

 

[eagle1462010]

Desperate people will say desperate things.

Well you stole an election for his dumb ass.........not my damned fault you are desperate now.

 

[surada]

Negative oil and shutting down the world over a stinking virus kinda does that..........

lmao

Only ones who survive that..........are BIG OIL........And now they are making bank at the expense of our destroyed economy and low supplies on EVERYTHING.

Big oil is a business with stockholders. Notice they aren't bankrupt.