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re: Offshore oil is booming and the shipping market is at an all-time high
Posted on 1/15/24 at 8:41 pm to NIH
Posted on 1/15/24 at 8:41 pm to NIH
quote:
This is why me and mine vote Democrat. Oil field booms - Carter, Clinton, Obama (2008), and Joe. Republicans are bad for oil and bad for business.
Buddy, I’ve made a fortune in the industry, and I can assure you that the Presidents have had almost nothing to do with the booms or busts in oil and gas. The Clinton boom occurred because the fracking and directional drilling technology had just matured. That boom has been almost continuous since then except when production finally became so great that the OPEC nations took action. That was 2014. Then the pandemic screwed us up again.
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