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The US is now the world’s largest oil producer...
Posted on 8/14/24 at 4:43 pm
Posted on 8/14/24 at 4:43 pm
...exceeding Russia's output by 35% and Saudi Arabia by 38%.
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25
Posted on 8/14/24 at 4:44 pm to Green Chili Tiger
Truck Nutz for everyone.
Posted on 8/14/24 at 4:45 pm to Green Chili Tiger
I thought Biden was bad for energy production?
Posted on 8/14/24 at 4:46 pm to Green Chili Tiger
Wonder what Biden/Kamala's constituents think of that. They were promised that we'd go all electric/net zero emissions.
Posted on 8/14/24 at 4:48 pm to Green Chili Tiger
Does this mean gas prices are going to go down?
Posted on 8/14/24 at 4:48 pm to Bunk Moreland
quote:
I thought Biden was bad for energy production?
I’ve been telling people on this board, for years, that the dems talk big and make grand gestures, but they keep the oil flowing, too.
Posted on 8/14/24 at 4:48 pm to Green Chili Tiger
Well, we should have low gas prices and a full SPR then right?
Posted on 8/14/24 at 4:49 pm to Green Chili Tiger
Remember when dimocratix Jimmy Carter said we’d run out of oil before the end of the 80s?
Posted on 8/14/24 at 4:50 pm to Penrod
quote:
I’ve been telling people on this board, for years, that the dems talk big and make grand gestures, but they keep the oil flowing, too.
nobody listens to you on this board
Posted on 8/14/24 at 4:50 pm to Penrod
They keep some oil flowing, sure.
Posted on 8/14/24 at 4:54 pm to Green Chili Tiger
quote:
Analysts warned that the EIA could revise the number when it releases its monthly data, which generally lags its weekly bulletins by several months. But for now, the number indicates that oil companies have gotten more efficient at pumping oil even as the number of drilling rigs in operation has fallen.
quote:
Advances in fracking technology have helped propel the U.S. to the leading spot in global output of oil and natural gas.
Weird, Kamala wants to end fracking, at least she said she did last time she ran.
quote:
“Big Oil is directly responsible for the climate catastrophe we’re experiencing this summer, from devastating wildfires to record temperatures,” Ghio said in an email. “We’re optimistic that Harris’ strong record of holding Big Oil accountable can help finally rein in this destructive industry and protect people, wildlife and our climate from pollution.”
This post was edited on 8/14/24 at 5:02 pm
Posted on 8/14/24 at 4:55 pm to Green Chili Tiger
Thanks Biden!
(J/K, the idiots still suck truck nutz)
(J/K, the idiots still suck truck nutz)
Posted on 8/14/24 at 4:55 pm to Penrod
quote:
I’ve been telling people on this board, for years, that the dems talk big and make grand gestures, but they keep the oil flowing, too.
We weren't number 1 until after Trump was elected.
Posted on 8/14/24 at 4:56 pm to Bunk Moreland
Biden likes to sell low(production) and buy back high(import)
Posted on 8/14/24 at 4:58 pm to Bunk Moreland
quote:
I thought Biden was bad for energy production?
Has he reopened the pipeline?
Posted on 8/14/24 at 5:00 pm to Bunk Moreland
quote:
I thought Biden was bad for energy production?
I'm pretty sure Big Oil tricked the climate change nuts and Biden by including tax credits for enhanced oil recovery using CO2 in the Inflation Reduction Act. $45 per metric tonne IIRC for EOR. And when they sequester it, they get $85 per metric tonne. Also there are currently $1.2 trillion in grants to sequester CO2 managed by the DOE from the IRA. Most of your oil companies will grab that because they have the know how.
What makes government happy is knowing how CO2 sequestration will benefit disadvantaged communities. This is where Big Oil hires sociologist and they write politically correct white papers.
The climate change people think they are sticking it to Big Oil, but Big Oil is playing them like a fiddle.
Posted on 8/14/24 at 5:00 pm to Penrod
quote:
I’ve been telling people on this board, for years, that the dems talk big and make grand gestures, but they keep the oil flowing, too.
The federal leases is near zero.
The dems want to own all land .
2 + 2
Posted on 8/14/24 at 5:01 pm to SDVTiger
quote:
Does this mean gas prices are going to go down?
Not necessarily. Mostly because our foreign policy sucks. Oil is a global commodity so you need a strong man in the WH to nudge OPEC.
Posted on 8/14/24 at 5:04 pm to Green Chili Tiger
quote:
...exceeding Russia's output by 35% and Saudi Arabia by 38%.
This ^^^^ should swing the vote in Trump's favor.
The Dim Drones will be angry the illegitimate regime wasn't the Green administration they thought they were voting for. These same Dim Drones loved the MRNA Juice developed under Trump's Operation Warp Speed......Trump should win in an electoral and popular vote landslide.
Posted on 8/14/24 at 5:12 pm to GumboPot
quote:
Not necessarily. Mostly because our foreign policy sucks. Oil is a global commodity so you need a strong man in the WH to nudge OPEC.
I'm sure Cumala is the right man for the job.
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