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re: Gas will be above $3 before February ends

Posted on 1/21/21 at 3:03 pm to
Posted by NimbleCat
Member since Jan 2007
8807 posts
Posted on 1/21/21 at 3:03 pm to
Lol. Nothing jumpstarts shale fracking like $65 bbl WTI.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11882 posts
Posted on 1/21/21 at 3:44 pm to
quote:

Lol. Nothing jumpstarts shale fracking like $65 bbl WTI.



WH has halted drilling on federal land as of EO yesterday, and Fracking not getting permits will kill fracking as well....


that $65/bbl is what will will be paying that imported oil...
Posted by Lou Pai
Member since Dec 2014
28201 posts
Posted on 1/21/21 at 4:11 pm to
quote:

Lol. Nothing jumpstarts shale fracking like $65 bbl WTI.


Except we aren't anywhere close to this, and likely won't be approaching that until next year. And a significant portion of shale activity was affected.

Sad part is that global consumption won't be affected at all by this, all it's doing is shift production to the Middle East and Russia.

Leftists aren't very smart, though.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
65124 posts
Posted on 1/21/21 at 9:30 pm to
quote:

Lol. Nothing jumpstarts shale fracking like $65 bbl WTI.


LOL. You think Biden will let fracking continue.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7757 posts
Posted on 1/21/21 at 11:33 pm to
quote:

Lol. Nothing jumpstarts shale fracking like $65 bbl WTI.


Time to start off loading that swimming pool full of oil Loop is storing at my house.

I wonder if that Texas offshore oil export facility similar Loop’s export capability is still sustainable with a Democratic President.

Loop is about to start pumping the right way again.
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