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OIL, what do you know about it??
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Jul 13, 2022 16:55:22   #
nwtk2007 Loc: Texas
 
straightUp wrote:
Yes, you keep repeating the same absurdities. I'm wondering when you're going to get the clue.


https://kevinbae.com/2022/simple-chart-shows-price-of-gas-during-the-biden-administration/

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Jul 13, 2022 17:08:10   #
nwtk2007 Loc: Texas
 
straightUp wrote:
Yes, you keep repeating the same absurdities. I'm wondering when you're going to get the clue.


https://kevinbae.com/2022/simple-chart-shows-price-of-gas-during-the-biden-administration/

Reply
Jul 13, 2022 22:01:26   #
straightUp Loc: California
 
Capt-jack wrote:
I have read the Constitution a few times, it's the work of geniuses.

Eh... I don't know if I'd go THAT far. I think by the time you've read it for maybe the 50th time, you start to see it for what it is.

Capt-jack wrote:

As I grew old I saw what the liberals stood for and what the C****es of the world did, I see little to no difference.

Maybe you're getting more senile with age. It happens.

I mean, your statement is so ambiguous it's like you're swatting at shadows with one hand while your other hand is clinging to your walker.

First of all "liberal" is a really big word for so few letters... It basically means to "liberate". So in social terms it means to liberate people from overreaching laws, but in economic terms it means to "liberate" businesses from overreaching laws. So both parties are champions of liberalism.

And "c****es", well you folks tend to use that as a derogatory term for anyone on the left, but you mention what what the "c****es" of the world did, which tells me that you are not referring to Marxism but rather the dictatorships that hijacked the various c*******t revolutions of the past, in which case, they are nothing like liberals.

Capt-jack wrote:

Do you live in a bubble or a cloistered environment?

I should really be asking you that question since you are the one who is obviously buying all the BS.

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Jul 13, 2022 23:23:19   #
straightUp Loc: California
 
son of witless wrote:
" but at the end of the day it still amounts to importing oil from Canada. "
Canada is our closest trading partner and is located in North America. I guess you are not aware of that. It is far better to get oil from Canada, than uh pretty much any other foreign country.

That still doesn't change the fact that's it's foreign oil, which brings us no closer to energy independence. That was the only point I was making there.

son of witless wrote:

" I have already explained how it had ZERO effect on U.S. consumers. But if you want to stick to your story, that's you prerogative. "

That makes zero sense. Taking all of that future Canadian oil supply off US and World Markets HAS to raise the price to US consumers.

But we're not taking all that future Canadian oil supply off the US and World Markets. The Keystone Pipeline is delivering oil right now as we speak. The only part of the pipeline that was cancelled was the XL pipeline and THAT isn't stopping oil from Alberta reaching the terminals in Houston and Port Arthur.

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Jul 14, 2022 00:00:59   #
straightUp Loc: California
 
son of witless wrote:
" you folks have been trying so hard to find things to blame on Biden. Honestly, you don't have to exert yourself so much - it's not like he's going to being reelected. "

Uhhhhh Uncle Joe is to blame.

Well, that's what you like to say...

son of witless wrote:

He enacted the crazy Bernie, Pocohontas agendas.

That's vague.

son of witless wrote:

He was supposed to be a moderate. I know this because when I jump my Marxist relatives about the carnage their boy has wrought they tell me they thought he was a safe choice and now they know better.

That's how you know? By what your Marxist relatives tell you?

Look, Biden is a neoliberal. That is very clear. In American politics, that makes him a moderate because neoliberalism spans both Republican and Democratic parties and accounts for the status quo, especially in matters of foreign policy. Reagan, Bush, Clinton, Bush, Obama and now Biden are/were all neoliberals. In fact there isn't anything the Biden has done that hasn't already been done by one or more of the presidents I just mentioned.

Now, I have never been a fan of neoliberalism but I still think Biden was "the safer choice" because the only other choice was Trump and while Trump is great at psyching up his base, he clearly has no clue how to actually run a country. We were very lucky that those four years didn't wind up a lot worse than they were.

son of witless wrote:

Joe represents T**********e, G****l W*****g Marxist Horse Manure. Any Democrat succeeding him will be tarred and feathered with his legacy.

Yeah, it sounds like you have some personal problems... So what if some people are t**********es? Why do you people get so upset when Democrats stand up for their rights? And you can deny it all you want but g****l w*****g is real and Marxism is something very few Americans actually understand at all, but if they did they would know that Democrats are NOT Marxists.

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Jul 14, 2022 00:31:04   #
straightUp Loc: California
 
nwtk2007 wrote:
Cancelling the pipeline was the first shot fired in Biden's efforts to k**l f****l f**ls.

You DO realize that we are producing more oil now under Biden than any other country in the world right? You act like Biden just k**led the entire industry... (Drama Queen).

You folks keep trying to insist that Biden is shutting down production but the fact is, he hasn't. All he has done is take federal land out of contention for future leases. That's it. He didn't even shut down the XL pipeline, TC Energy did when they realized the lease they need to finish construction would not be available. This did NOT cut production! The XL pipeline was only 8% constructed. So you got a big giant ZERO on that one.

nwtk2007 wrote:

That and all after, is driving away investors. Without investors, drilling stops, most of the time.

What's driving the investors away is the diminishing returns on peak oil. They would rather invest in foreign oil from sources that haven't hit their peak yet because it's cheaper and they can get a better return. This has been going on since 1974.

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Jul 14, 2022 09:10:56   #
nwtk2007 Loc: Texas
 
straightUp wrote:
What's driving the investors away is the diminishing returns on peak oil. They would rather invest in foreign oil from sources that haven't hit their peak yet because it's cheaper and they can get a better return. This has been going on since 1974.


Wrong. I know many who invest regularly and they all have cancelled future investments. Another guy I know worked for a company selling investments in future oil drilling. He is now out of a job. No investors.

New drilling is pretty much on hold and it is new drilling that is needed for future supply, especially now that people are out and about from their previous c***d fears. Hundreds of well each year are capped for various reasons. New drilling makes up for that.

You're simply wrong. Admit or don't. Until the investors return, the demand will be anticipated to be greater than demand. Even the cost of t***sporting oil is up a couple hundred percent.

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Jul 14, 2022 09:48:37   #
WinkyTink Loc: Hill Country, TX
 
nwtk2007 wrote:
Wrong. I know many who invest regularly and they all have cancelled future investments. Another guy I know worked for a company selling investments in future oil drilling. He is now out of a job. No investors.

New drilling is pretty much on hold and it is new drilling that is needed for future supply, especially now that people are out and about from their previous c***d fears. Hundreds of well each year are capped for various reasons. New drilling makes up for that.

You're simply wrong. Admit or don't. Until the investors return, the demand will be anticipated to be greater than demand. Even the cost of t***sporting oil is up a couple hundred percent.
Wrong. I know many who invest regularly and they ... (show quote)


You make it sound as if "individual Investors" are a significant part of drilling activity.
Those days are mostly gone. Unconventional drilling programs (many wells) are too expensive for most individual investors so are taken on by smallish oil companies and funded mostly through their production revenue and partnerships with other companies.

Offshore, conventional drilling is taken on by large independent oil companies and the majors. Certainly ther are gaps for


Texas Oil, Natural Gas Drilling Permits Jump in Haynesville, Permian
https://www.naturalgasintel.com/texas-oil-natural-gas-drilling-permits-jump-in-haynesville-permian/

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Jul 14, 2022 11:49:32   #
son of witless
 
straightUp wrote:
Yeah, it sounds like you have some personal problems... So what if some people are t**********es? Why do you people get so upset when Democrats stand up for their rights? And you can deny it all you want but g****l w*****g is real and Marxism is something very few Americans actually understand at all, but if they did they would know that Democrats are NOT Marxists.


If the T******s would mind their own fracking business, fine, but they push their horse manure in our schools, our military, pretty much all over the place. Are you ecstatic that men use ladies bathrooms and locker rooms ? Are you pleased that a T*****e is the Women's college Swimming Champion ? Come on, speak. Lets us all hear your thoughts on the matter !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

And just how much do you want to pay to save the freakin planet from G****l W*****g ? WELL ?? Is it worth destroying our nation ? Because that is the cost. Tell me some more bedtime stories about how well Sun and Wind work in the Real World. I might believe you, if you can tell it good.

Reply
Jul 14, 2022 11:59:35   #
son of witless
 
straightUp wrote:
But we're not taking all that future Canadian oil supply off the US and World Markets. The Keystone Pipeline is delivering oil right now as we speak. The only part of the pipeline that was cancelled was the XL pipeline and THAT isn't stopping oil from Alberta reaching the terminals in Houston and Port Arthur.


"
That still doesn't change the fact that's it's foreign oil, which brings us no closer to energy independence. That was the only point I was making there. "

Canada and the US have their economies so intertwined with various treaties that Canadian Oil is just about the same thing in a practical sense as American Oil.

" But we're not taking all that future Canadian oil supply off the US and World Markets. The Keystone Pipeline is delivering oil right now as we speak. The only part of the pipeline that was cancelled was the XL pipeline and THAT isn't stopping oil from Alberta reaching the terminals in Houston and Port Arthur. "

What you say makes ZERO SENSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11

If their is NO DIFFERENCE in the amount of Canadian oil getting to US and World Markets, why was the XL pipeline ever proposed. I think you are FULL OF OBAMA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Again Logic is totally against what you are saying, but you know me. I am the most open minded person you ever met. Now convince me you are telling the t***h.

Reply
Jul 14, 2022 12:24:40   #
WinkyTink Loc: Hill Country, TX
 
son of witless wrote:
"
That still doesn't change the fact that's it's foreign oil, which brings us no closer to energy independence. That was the only point I was making there. "

Canada and the US have their economies so intertwined with various treaties that Canadian Oil is just about the same thing in a practical sense as American Oil.

" But we're not taking all that future Canadian oil supply off the US and World Markets. The Keystone Pipeline is delivering oil right now as we speak. The only part of the pipeline that was cancelled was the XL pipeline and THAT isn't stopping oil from Alberta reaching the terminals in Houston and Port Arthur. "

What you say makes ZERO SENSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11

If their is NO DIFFERENCE in the amount of Canadian oil getting to US and World Markets, why was the XL pipeline ever proposed. I think you are FULL OF OBAMA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Again Logic is totally against what you are saying, but you know me. I am the most open minded person you ever met. Now convince me you are telling the t***h.
" br That still doesn't change the fact that... (show quote)


Note the green, proposed XL.



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Jul 14, 2022 13:35:56   #
Capt-jack Loc: Home
 
straightUp wrote:
I am highly critical of Biden's actions, just not the one's you folks are all triggered over.


I see anyone who stands to put down America as a c****e. I care not how you want to define the word.

Reply
Jul 14, 2022 13:39:14   #
Capt-jack Loc: Home
 
straightUp wrote:
I should really be asking you that question since you are the one who is obviously buying all the BS.


I wager you have been indoctrinated or in simpler terms brainwashed.

BS, like let's disarm America? Or, drink your cool-aid? Cheer up chump, better times are coming.

Reply
Jul 14, 2022 13:45:30   #
Capt-jack Loc: Home
 
straightUp wrote:
What's driving the investors away is the diminishing returns on peak oil. They would rather invest in foreign oil from sources that haven't hit their peak yet because it's cheaper and they can get a better return. This has been going on since 1974. You DO realize that we are producing more oil now under Biden than any other country in the world right?


You watch too much CNN and MSNBC boy. If we have so much oil why is beanie Biden running all around the world begging for oil?
I guess we had so much oil he had to shut down the XL pipeline to keep it from running all over the land! Yeah, you got a handle on it I see. lol
So, your real name is...AOL? She makes the same sounds are you.

Reply
Jul 14, 2022 13:50:05   #
nwtk2007 Loc: Texas
 
WinkyTink wrote:
You make it sound as if "individual Investors" are a significant part of drilling activity.
Those days are mostly gone. Unconventional drilling programs (many wells) are too expensive for most individual investors so are taken on by smallish oil companies and funded mostly through their production revenue and partnerships with other companies.

Offshore, conventional drilling is taken on by large independent oil companies and the majors. Certainly ther are gaps for


Texas Oil, Natural Gas Drilling Permits Jump in Haynesville, Permian
https://www.naturalgasintel.com/texas-oil-natural-gas-drilling-permits-jump-in-haynesville-permian/
You make it sound as if "individual Investors... (show quote)


Anyone who thinks they can get a significant return on oil and gas investments, will; individuals, small and large corps and businesses, investment firms, etc. Wall Street investments have been declining steadily since we started devaluing the dollar by printing and dumping 80 billion monopoly dollars into our economy each and every month for years now. But the recent declines are the most significant and it is all back to the Biden war on oil and gas.

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