- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Breaking Bad' actor says Americans should 'stfu' about gas prices if they 'love capitalism
Posted on 6/19/22 at 6:42 pm to Bestbank Tiger
Posted on 6/19/22 at 6:42 pm to Bestbank Tiger
Isn't the issue refining capacity because of Biden's policies?
0
Posted on 6/19/22 at 6:42 pm to NawlinsTiger9
quote:
by NawlinsTiger9
Posted on 6/19/22 at 6:47 pm to Byrdybyrd05
quote:
Actor Dean Norris
I enjoyed his head being made into a canoe.
Didn't even know he is a communist, but not surprised.
Posted on 6/19/22 at 6:50 pm to Byrdybyrd05
What do you think the price oil(gasoline) would be today if Trump had been reelected? At the beginning of the pandemic oil prices collapsed and drilling stopped. Demand collapsed. As things opened back up the supply was not there due to the high decline rates of "shale" wells. At the same time, investors in shale wells saw that their ROI was not what they were expecting and investment money was slowing down.
Now the current administration has done everything they can to discourage oil and gas exploration. They have created a toxic attitude in the oil and gas industry. But even with Trump in office I think we are still looking at oil prices in the $80-100 range. I don't care how many leases are available to drill on if you can't find people to work on the drilling rigs.
It is the perfect storm.
Now the current administration has done everything they can to discourage oil and gas exploration. They have created a toxic attitude in the oil and gas industry. But even with Trump in office I think we are still looking at oil prices in the $80-100 range. I don't care how many leases are available to drill on if you can't find people to work on the drilling rigs.
It is the perfect storm.
Posted on 6/19/22 at 6:52 pm to Byrdybyrd05
You have to be a fricking idiot to believe this
Posted on 6/19/22 at 6:52 pm to 79ABTEXTIGER
quote:
if you can't find people to work on the drilling rigs.
first i’m hearing hiring rig hands is a problem.
Posted on 6/19/22 at 6:55 pm to NawlinsTiger9
quote:
I’m confused - Isn’t this a take that most here should agree with..?
This right here just goes to show that you leftist don’t even have a 3rd grade understanding of economics
Posted on 6/19/22 at 6:55 pm to Byrdybyrd05
Hollywood went from blackballing communists to only allowing communists to work pretty quick.
Posted on 6/19/22 at 6:56 pm to Klark Kent
quote:
Administration’s definable actions / US o&g
Not good for long term US o&g markets. Biden’s new lease and drilling limitations, for example, will impair future US oil supply. Many of his actions will have long term negative impact to US o&g business.
However, oil is a world market (Gas regional). Many factors driving oil price in 2022 are world market driven.
Drilling a deep water well in GoM on the Nov 2021 lease sale assets, for example, would have had nil impact on today’s fuels prices as drilling to production timeline for deep water is years, not months, assuming commercially viable.
The crack spread more likely driven by limited refining capacity when consumer miles driven getting back to Aug 2019 levels. Some profiteering on the street prices as well.
No doubt Biden’s anti o&g stance will have long term negative impact to US o&g. Much of that is long term.
2022’s story, though, is primarily world driven.
Posted on 6/19/22 at 6:59 pm to Klark Kent
quote:
first i’m hearing hiring rig hands is a problem.
My FIL owned a oil and gas company and sold but is employed during the transition and told me multiple times recently he had trouble finding workers.
Posted on 6/19/22 at 7:00 pm to Byrdybyrd05
He’s right
Posted on 6/19/22 at 7:01 pm to Byrdybyrd05
I’m sure if we had price controls on gasoline and nationalized all the drilling operations and refineries; we’d all live in a utopia. Is that the point Dean is trying to make?
Are we going to pretend the administration didn’t take a hostile approach to O&G and this might have something to do with O&G not wanting to invest capital into refineries that might be forced offline based on some climate initiative a few years down the road?
Are we going to pretend the administration didn’t take a hostile approach to O&G and this might have something to do with O&G not wanting to invest capital into refineries that might be forced offline based on some climate initiative a few years down the road?
Posted on 6/19/22 at 7:02 pm to Turf Taint
quote:
2022’s story, though, is primarily world driven.
if that’s true, then why did Exxon and Chevron fire back at him publicly last week? Do you think they want the PR if his actions aren’t having a major impact on their operations?
And, why did the American Petroleum Institute send a letter on behalf of US Big O&G to the White House making 10 suggestions if it’s “world driven”.
(which btw - Biden completely ignored and proceeded to lash out again at them on Thursday)
Should we also ignore that oil futures have steadily been on the rise, since…..November 2020
This post was edited on 6/19/22 at 7:07 pm
Posted on 6/19/22 at 7:04 pm to Palmetto98
quote:
He’s right
I'm impressed. You're a fricking idiot no matter what subject you post about.
Posted on 6/19/22 at 7:05 pm to Byrdybyrd05
Thanks Hank
You 5’3 POS millionaire
You 5’3 POS millionaire
Posted on 6/19/22 at 7:05 pm to TigerNlc
quote:
My FIL owned a oil and gas company and sold but is employed during the transition and told me multiple times recently he had trouble finding workers.
I’m not denying it, the O&G companies are dinosaurs when it comes to competitive salaries. My point was, from the folks i know in the industry - this isn’t the biggest factor for them.
Posted on 6/19/22 at 7:09 pm to Byrdybyrd05
quote:
Dean Norris
Never heard of him/her/it. Whatever gender this lunatic liberal goes by
Posted on 6/19/22 at 7:10 pm to Byrdybyrd05
Gas is a mineral
Posted on 6/19/22 at 7:13 pm to Byrdybyrd05
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News