danielpalos
Diamond Member
- Banned
- #361
How about Keystone making a good connection with Colonial and upgrading that infrastructure?
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Neither party owns it. Recall that oil sold at one point during the global shutdown in 2020 for negative dollars! US production dropped about 30% by May of 2020. Shutting down wells is easy. Opening them back up is not as easy.Democrats are in charge and they own inflation and high energy (fuel) prices.
You own it in the policies you pursue as the party to address the issue. The promises and benefits of Green Energy are just that at this stage…. A promise or a vision. While I agree that opening up wells and refineries is not easy, what policies are we pursuing to have an impact on reducing high energy costs, increased dependence on foreign oil, and inflation ….. in the SHORT TERM?Neither party owns it. Recall that oil sold at one point during the global shutdown in 2020 for negative dollars! US production dropped about 30% by May of 2020. Shutting down wells is easy. Opening them back up is not as easy.
Blame capitalism and it's supply and demand.30 cent increase in just one week for gas and what is Biden doing.....pushing green energy.
Then yesterday our local news said we should expect a nearly 50% increase in our natural gas bills.
To make matters worse our local gas taxes also went up.
All told my fuel costs will increase by well over a thousand dollars if not close to 2k per year under Biden.
Thanks Brandon
We all own it, or it owns us. It, being the oil industry.You own it in the policies you pursue as the party to address the issue. The promises and benefits of Green Energy are just that at this stage…. A promise or a vision. While I agree that opening up wells and refineries is not easy, what policies are we pursuing to have an impact on reducing high energy costs, increased dependence on foreign oil, and inflation ….. in the SHORT TERM?
Progs and globalists shut down the economy. Digital currency and ID with medical information and so much more is coming. People losing jobs as the beast of Tyranny arises again.Neither party owns it. Recall that oil sold at one point during the global shutdown in 2020 for negative dollars! US production dropped about 30% by May of 2020. Shutting down wells is easy. Opening them back up is not as easy.
At least I provide links to support my argument instead of just saying someone is wrong without any supporting information. You can say price is not effected by supply shortages and increased demand all you want, but even common sense would say otherwise. But in my case, I gave you some proof to go along with it .More rubbish. Suddenly you beleive the government numbers on inflation? lol that's hilarious. The CPI Index used by the BLS has been a joke since it was invented. The Feds have lots of reasons for not reporting real inflation, and so do those who bribe Congress.
If you choose not to be vaccinated, you have made a choice.Progs and globalists shut down the economy. Digital currency and ID with medical information and so much more is coming. People losing jobs as the beast of Tyranny arises again.
So even more than ten years from now. Kinda makes my point even stronger.The land leases are for drilling initially...pumping gets done later.
Do you not understand anything about heavy equipment set up and leases and contracts? Schedules for these guys are made years in advance. You blow the schedule and forget it until they become available again.So even more than ten years from now. Kinda makes my point even stronger.
At least I provide links to support my argument instead of just saying someone is wrong without any supporting information. You can say price is not effected by supply shortages and increased demand all you want, but even common sense would say otherwise. But in my case, I gave you some proof to go along with it .
Neither party owns it. Recall that oil sold at one point during the global shutdown in 2020 for negative dollars! US production dropped about 30% by May of 2020. Shutting down wells is easy. Opening them back up is not as easy.
I guess those darn senior oil markets analysts in the link I provided don’t know what they are taking about, but Dudley Smith on a message board is the person in the know.No, you didn't, you posted some crap from lobbyists. You probably don't care about the facts anyway; ideologues hate facts.
Yes. Glad you finally recognize that. 'Industry Analyst' is just another euphemism for ' paid shill' in the oil biz.I guess those darn senior oil markets analysts in the link I provided don’t know what they are taking about, but Dudley Smith on a message board is the person in the know.
When I got here in the late 70's Texas was still Democrat. I think it was just as influenced by oil then as it is now.In Texas the oil industry gives just as much to Democrat candidates as it does to the GOP; some Democrats get even more than the local GOP hacks do. And as Already shown, drill counts are not dropping, and are in fact increasing, almost double what they were a year ago. It has nothing to do with 'supply and demand', it has to do with speculators and profit taking. Drilling wells isn't the only investment on the planet, and those companies chase those others as well, hence the cash hoarding; when drillign brings bigger returns than the other possibilites, the money will go to drilling; if the biggest returns are in SPACs, or paladium, or movies, or whatever, the money will chase those investments.
How about Keystone making a good connection with Colonial and upgrading that infrastructure?