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Started By
Message
re: Looks Like Drill Baby Drill will DIE
Posted on 4/1/25 at 10:35 am to Thecoz
Posted on 4/1/25 at 10:35 am to Thecoz
quote:
Price to get a barrel out of west Texas averages 54 dollars
This is high unless this includes minimum profit margins to produce.
Producers would be pulling back if the AVERAGE was over $50. Sure there are fields that are in this range but it’s not the average for all of west Texas.
0
Posted on 4/1/25 at 10:39 am to CitizenK
Lower fuel prices is a good thing for the average American. 
Posted on 4/1/25 at 10:47 am to TT9
I just paid $2.49 - I remember the exact same gas station by my house was 4.79 not too long ago
So that’s a start
So that’s a start
Posted on 4/1/25 at 11:03 am to Oilfieldbiology
quote:
Saudi’s costs are insanely expensive? This is news to me
There’s a difference between the word I used “inexpensive” and what your brain processed reading my post i.e. expensive.
I am occasionally guilty of the same error.
Posted on 4/1/25 at 11:10 am to CitizenK
Okay. I have an EV. All you need for those is an electric plug.
Posted on 4/1/25 at 11:11 am to CitizenK
If gas prices decrease and stay low, why should we care where it is coming from? It will just make what we have more valuable in the future.
Posted on 4/1/25 at 11:14 am to TT9
quote:
Just want prices down like promised. So far, no good.
Liar
Posted on 4/1/25 at 11:15 am to TT9
quote:
Gas prices in Farragut, TN were 2.59 in December, they're currently 2.89.
TN gas prices.
quote:
Current Avg. $2.794
quote:
Year Ago Avg. $3.152
quote:
highest recorded average price
Regular Unleaded $4.642 6/12/22
The costco there in farragut says $2.65, updated 2 hours ago.
This post was edited on 4/1/25 at 11:18 am
Posted on 4/1/25 at 11:26 am to CitizenK
quote:
Expect more oil from Canada (cheaper to produce than US)
wut?Posted on 4/1/25 at 11:43 am to CitizenK
Whenever my opinion of the human race gets too high, I can always count on the OT board to bring it crashing to earth
Posted on 4/1/25 at 12:14 pm to CitizenK
Your stupid!
I've been "Drill Baby Drillin" in the Gulf of America for the last 18 years!
I've been "Drill Baby Drillin" in the Gulf of America for the last 18 years!
Posted on 4/1/25 at 12:22 pm to Mr Breeze
Yep. Read that wrong.
Posted on 4/1/25 at 12:30 pm to dgnx6
aaahhh, soo TT9 is full of shite.
quote:
MIDDLE
OF
THE
ROAD
Posted on 4/1/25 at 12:43 pm to CitizenK
There goes this year's pair of brass truck nuts.
Posted on 4/1/25 at 12:51 pm to CitizenK
Will make a small to moderate ripple.
Posted on 4/1/25 at 12:55 pm to CitizenK
quote:
drilling here to all but cease.
Posted on 4/1/25 at 1:01 pm to CitizenK
You’re an idiot!
I am an expert on this subject you clown!
My businesses & past business are intertwined with OPEC & domestic production.
In late 2014-15, OPEC learned that the USA fracking industry gained “directional drilling tech” that brought down our lifting costs by $40-50 dollars per barrel.
Thus, killing their tactic to flood the markets with cheap oil because their entire countries economies and populations are subsidized by oil.
So the true “lifting cost” to extract the oil and bring to market has to account for the public subsidies, therefor raising their $PPB
Therefor, OPEC doesn’t carry the hammer like they used to.
There are many plays in the USA that can sustain OPEC’s tactics.
Of course, it could hurt the smaller drilling companies etc…. But OPEC cannot sustain long term super cheap oil, their economies aren’t as diverse as ours. Although, they have been diversifying investments into different sectors which is smart by them.
we will be ok in the long run!
So come up with another “gotcha” you fricking moron!
I am an expert on this subject you clown!
My businesses & past business are intertwined with OPEC & domestic production.
In late 2014-15, OPEC learned that the USA fracking industry gained “directional drilling tech” that brought down our lifting costs by $40-50 dollars per barrel.
Thus, killing their tactic to flood the markets with cheap oil because their entire countries economies and populations are subsidized by oil.
So the true “lifting cost” to extract the oil and bring to market has to account for the public subsidies, therefor raising their $PPB
Therefor, OPEC doesn’t carry the hammer like they used to.
There are many plays in the USA that can sustain OPEC’s tactics.
Of course, it could hurt the smaller drilling companies etc…. But OPEC cannot sustain long term super cheap oil, their economies aren’t as diverse as ours. Although, they have been diversifying investments into different sectors which is smart by them.
we will be ok in the long run!
So come up with another “gotcha” you fricking moron!
Posted on 4/1/25 at 1:25 pm to Bourre
quote:
You mean like when Obama said you can keep your healthcare plan if you like it or Joe Biden is as sharp as a tack That’s just 2 lies from your team, there are 1,000 others
I kept my healthcare plan and still have it, you’ve been fed fake news.
Biden is old as dirt, happens to everyone if we live long enough.
Your sources are lying to you.
Posted on 4/1/25 at 1:27 pm to CitizenK
You sound like a liberal. Shame.
Posted on 4/1/25 at 2:10 pm to CitizenK
Moar oil!!
Let it flow!!
Let it flow!!
This post was edited on 4/1/25 at 2:11 pm
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