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Started By
Message
re: Gas will be above $3 before February ends
Posted on 1/21/21 at 3:50 pm to VermilionTiger
Posted on 1/21/21 at 3:50 pm to VermilionTiger
quote:
You want low class Trump voters to suffer because low class Biden voters voted for Biden
Brilliant
I want all Americans to suffer to get America back on track. Sometimes pain is the only answer.
2
Posted on 1/21/21 at 3:54 pm to slackster
quote:
Despite the bitching, Obama presided over a very lucrative O&G time period.
Lucrative for those working in O&G or lucrative for the rest of us paying for gas at the pump?
Posted on 1/21/21 at 3:55 pm to notiger1997
quote:
Now predict the price of a barrel of oil to go along with gas at the pump.
Price of oil will certainly go up.....however, no permitting on federal property will be an issue......get ready for more shale/fracking on private land and lots a law suits.
It's no the end of the world...if they can drive the price per bbls up, then maybe the smaller companies will start drilling on the shelf again in state waters.
Posted on 1/21/21 at 3:57 pm to LoneStar23
I wish that shite would go up to about $6 a gallon!
Posted on 1/21/21 at 4:03 pm to Otto Scorzany
"I want all Americans to suffer to get America back on track. Sometimes pain is the only answer."
Found the Baptist. I kid, I kid.
Found the Baptist. I kid, I kid.
Posted on 1/21/21 at 4:04 pm to LoneStar23
It’s gone up 40 cents since Election Day.
Posted on 1/21/21 at 4:06 pm to LoneStar23
All these jugheads think we are combating climate change by cancelling the pipeline and drilling in the U.S. In reality it just kills American jobs and we get our oil from the Middle East anyway. Can't wait to see the media reporting on $4 a gallon gas and being dumbfounded as to why it's happening.
Posted on 1/21/21 at 4:07 pm to LoneStar23
Like with most leftist policies, they aim to help but end up disproportionately hurting the poor.
Smh.
Smh.
Posted on 1/21/21 at 4:08 pm to slackster
quote:
That O&G is a global industry, largely indifferent to US political policy
What happens when the MIC gets involved?
Posted on 1/21/21 at 4:09 pm to tigeraddict
quote:
nd Fracking not getting permits will kill fracking as well....
Its fracking on NEW Federal leases. It will have a non-material impact and is simply a bone to throw to the fanatic environmentalist.
Posted on 1/21/21 at 4:11 pm to NimbleCat
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 on 1/21/21 at 4:12 pm to barry
quote:
It will have a non-material impact
Posted on 1/21/21 at 4:14 pm to Lou Pai
Most of the NM companies at least have permitted out like 3-4 years. It’s still ridiculous and dumb though
Posted on 1/21/21 at 4:25 pm to ShaneTheLegLechler
It's going to still have an impact as inventory gets rolled through and these cos start approaching their cliffs. U.S. production will basically decline gradually over the next few years and get displaced by international supply. It's also going to close off access to credit/capital markets for those with exposure as their asset base gets structurally impaired.
Posted on 1/21/21 at 4:26 pm to Lou Pai
Yeah no argument from me there
Posted on 1/21/21 at 4:27 pm to Riolobo
quote:
It’s gone up 40 cents since Election Day
Oil speculators know what’s up:
Posted on 1/21/21 at 4:31 pm to LNCHBOX
quote:
You made contradictory statements,
They’re not contradictory. US politics hardly matter, but if they matter, it’s not typically in the way people would think. This isn’t difficult.
Posted on 1/21/21 at 4:32 pm to Otto Scorzany
quote:
Good. Hope it goes to $5 a gallon. frick all the lower class that voted for Biden or didn’t go vote for Trump. Let them stay poor. I’m done giving a shite about others.
interesting.........
Posted on 1/21/21 at 4:33 pm to barry
quote:
Its fracking on NEW Federal leases. It will have a non-material impact and is simply a bone to throw to the fanatic environmentalist.
How long do federal leases last for? I honestly don't know. What about when the existing plays dry up?
This post was edited on 1/21/21 at 4:35 pm
Posted on 1/21/21 at 4:34 pm to Lou Pai
quote:
It's going to still have an impact as inventory gets rolled through and these cos start approaching their cliffs. U.S. production will basically decline gradually over the next few years and get displaced by international supply. It's also going to close off access to credit/capital markets for those with exposure as their asset base gets structurally impaired.
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