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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 3:10 pm to NIH
Posted on 1/15/24 at 3:10 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.
You should feel bad.
Somebody's wife is going to suffer for this.
1
Posted on 1/15/24 at 3:15 pm to JohnnyBgood
Blame the corporations for gouging you when you buy your chips and sodas. Eat less, save, and prosper.
Posted on 1/15/24 at 3:15 pm to Salmon
Not mine. She’s going to a two hour spin class tonight if the roads are safe.
Posted on 1/15/24 at 3:49 pm to ragincajun03
quote:
say Barack Obama and Joe Biden have seen booms, as did Donald Trump (then-record production levels in 2019 and very early 2020) both due to each taken over at a time when industry was coming out of a recession for its sector and ramping back up. Their was a downturn for the U.S. O&G industry at home in 2015 due to the Saudis and others flooding the market to try to kill the U.S. shale boom.
O&G was in the toilet all four years trump was in office. Either the Saudis outsmarted him or he was in their pocket. Sure gas was cheap, but it was all foreign oil.
Posted on 1/15/24 at 3:58 pm to ragincajun03
Congrats O&G baws. Get that new F450
Posted on 1/15/24 at 4:16 pm to Motownsix
quote:
O&G was in the toilet all four years trump was in office.
This is not true at all. Leading up to Covid shutdowns, things were humping along pretty good.
Posted on 1/15/24 at 5:03 pm to ragincajun03
facts
Posted on 1/15/24 at 5:40 pm to NIH
quote:
Blame the corporations for gouging you when you buy your chips and sodas. Eat less, save, and prosper
In 2018/19 I was paying about a buck less for a loaf of bread and a gallon milk. Now suddenly it’s the big corporations? Glad you voted for a man that campaigned to end fossil fuels forever
Democrat voters really are idiotic and subhuman.
Posted on 1/15/24 at 5:44 pm to 225Tyga
And you and yours can’t understand simple facts
Posted on 1/15/24 at 7:08 pm to ragincajun03
Better than Trump begging the Saudis to produce more. Which was even worse considering OPEC ramped up production in 14 specifically to destroy the US fracking industry.
It's insane how many dumb bitches from an oil and gas dependent state actually know anything about the industry.
WSJ link
It's insane how many dumb bitches from an oil and gas dependent state actually know anything about the industry.
WSJ link
This post was edited on 1/15/24 at 7:15 pm
Posted on 1/15/24 at 7:13 pm to NIH
quote:
This is why me and mine
Oh yeah you dumb.
Posted on 1/15/24 at 7:29 pm to ragincajun03
quote:
Wood Mackenzie predicts that deepwater oil and gas production will increase by 60% by 2030, and contribute 8% to total upstream production.
How much of that is from Guyana- probably like 1/2 of that 60%.
Posted on 1/15/24 at 7:34 pm to LSUfanNkaty
quote:
y'all are dumb, basically
Name is New Ibera Haircut. You do the math (God knows NIH can't)
Posted on 1/15/24 at 7:55 pm to ragincajun03
Fwiw, the USA became energy independent under Obama.
From a pure numbers standpoint, we produced 9mm barrels a day and used 9mm barrels a day under Obama.
Despite that milestone, We still imported oil.
From a pure numbers standpoint, we produced 9mm barrels a day and used 9mm barrels a day under Obama.
Despite that milestone, We still imported oil.
This post was edited on 1/15/24 at 7:58 pm
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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