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re: FT: Oil market caught by surprise as US output surges
Posted on 12/13/23 at 2:54 pm to Powerman
Posted on 12/13/23 at 2:54 pm to Powerman
quote:
Or you could look at the gradual ramp up in production that's been happening since 2021 and not be an idiot.
It really is funny watching people blame everything on an election year approaching. An election year is always approaching. We had elections last year and we have elections next year.
1
Posted on 12/13/23 at 2:55 pm to Solo Cam
quote:
Biden is just reinstating all of trumps policies quielty
No. Production cuts by OPEC have made it more economical to produce oil here.
Posted on 12/13/23 at 2:56 pm to Powerman
If you start agreeing with me I’ll know for sure I’ve fricked up.
Posted on 12/13/23 at 3:00 pm to ezride25
quote:
If you start agreeing with me I’ll know for sure I’ve fricked up.
Well let's follow your logic for a second. The regulatory environment is better for oil companies under Trump so naturally they're going to wait until a presidential election year to ramp up production to ensure that the president that promoted a tougher regulatory environment for them stays in power. Makes perfect sense right? Oil companies prefer Biden according to your own conspiracy theory.
Posted on 12/13/23 at 3:03 pm to Powerman
wrong again only democrats take a problem they caused and blame other people
Posted on 12/13/23 at 3:06 pm to tigersmanager
quote:
wrong again only democrats take a problem they caused and blame other people
Try to articulate your point without sounding like you're literally retarded next time.
Posted on 12/13/23 at 3:10 pm to Powerman
you sound retarded in every post groomer
Posted on 12/13/23 at 3:13 pm to ragincajun03
The Dems lie continuously to our faces knowing full well they publicly crush the industry because they want to end the industry but behind the scenes they are all for drilling bc they know damn well it’s one of the only economic drivers holding the fragile nature of our economy from total collapse.. led by crushing inflation. The media and their spinners lap it up like a dog
This post was edited on 12/13/23 at 3:19 pm
Posted on 12/13/23 at 3:14 pm to ragincajun03
quote:
….a push to phase out fossil fuels at the UN climate talks in Dubai.
Anybody else see the irony?
Posted on 12/13/23 at 3:17 pm to TROLA
quote:
The Dems lie continuously to our faces
Well you've figured out half of it at least. Wait til you realize Republicans do this as well.
Posted on 12/13/23 at 3:19 pm to jeff5891
quote:
No. Production cuts by OPEC have made it more economical to produce oil here.
OPEC just announces cuts, they don't actually make cuts a lot of times. They are independent nations who try to get along, but don't really have to.
Hence why you see the market drop with certain announcements of cuts.
This post was edited on 12/13/23 at 3:20 pm
Posted on 12/13/23 at 3:41 pm to TROLA
quote:All career politicians lie to us continuously. Every damned one of them. If you think it's only one side it's because you like the lies the other is telling.
The Dems lie continuously
Posted on 12/13/23 at 3:49 pm to ezride25
quote:
Just in time for... An election year. Curiouser and curiouser.
We been humming along nicely for years baw
Posted on 12/13/23 at 4:00 pm to JohnnyKilroy
Posted on 12/13/23 at 4:39 pm to JohnnyKilroy
I’ve said it before and I’ll say it again: thank you Joe!
Posted on 12/13/23 at 4:47 pm to Corinthians420
quote:
It really is funny watching people blame everything on an election year approaching. An election year is always approaching. We had elections last year and we have elections next year.
Trump got oil to -$40/bbl while he was in office, cant believe he didnt get re-elected based off this accomplishment alone
Posted on 12/13/23 at 4:53 pm to tigersmanager
quote:
groomer
Man, that’s an intelligent counterpoint.
Posted on 12/13/23 at 4:55 pm to hubertcumberdale
quote:
Trump got oil to -$40/bbl while he was in office
So President Trump spearheaded the Saudi-Russian price war and invented a virus that caused governments to shut down commerce and crash oil demand?
Posted on 12/13/23 at 4:58 pm to ragincajun03
quote:
as US officials join a push to phase out fossil fuels at the UN climate talks in Dubai.
Posted on 12/13/23 at 5:19 pm to notiger1997
quote:Seems quite unlikely that facts play a relevant role in their "feelings".
There were some sky screamers a few months ago on the PT predicting $150-$200 barrel of oil coming early next year.
I wonder how they are feeling now.
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