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Started By
Message
re: Market to be short oil from 2025 onwards, says Occidental Petroleum CEO
Posted on 1/16/24 at 10:32 am to ragincajun03
Posted on 1/16/24 at 10:32 am to ragincajun03
quote:
Unfortunately, Republicans have had a hand in the bolded part as it relates to Florida's coast. From Bush and Trump to Chris and DeSantis.
no doubt
start running short on oil and see how much power the people protecting the views from the coast lines maintain
Posted on 1/16/24 at 10:34 am to supatigah
quote:
until every square inch of the Earth is surveyed with seismic we can not even begin to estimate how much oil is out there
I understand that, but the natural issues of supply/demand exist with petro and aren't some conspiracy of "them".
This is one of those "kernel of truth" examples that CTs use to expand. Will a decline in petro cause a decline in our SOL? Clearly. That doesn't mean the decline in petro supply is being manufactured by some elite cabal.
Posted on 1/16/24 at 10:35 am to supatigah
quote:
start running short on oil and see how much power the people protecting the views from the coast lines maintain
Kind of arguing my point indirectly
Posted on 1/16/24 at 10:37 am to ragincajun03
quote:
Unfortunately, even pro-oil Republicans have had a hand in the bolded part as it relates to Florida's coast. From Bush and Trump to Chris and DeSantis.
I'm in oil and gas and super MAGA... but I actually don't mind avoiding the flordia gom coast. I can assuredly say, there is plenty elsewhere and not tapping into the GOM florida coast isn't the reason for a potential shortage.
Posted on 1/16/24 at 10:39 am to LSUfanNkaty
quote:
I'm in oil and gas and super MAGA... but I actually don't mind avoiding the flordia gom coast. I can assuredly say, there is plenty elsewhere and not tapping into the GOM florida coast isn't the reason for a potential shortage.
Understand.
Just pointing out that it isn't just "environmentalists" and leftist politicians keeping some parts of GOM off limits.
Posted on 1/16/24 at 10:41 am to ragincajun03
quote:
Just pointing out that it isn't just "environmentalists" and leftist politicians keeping some parts of GOM off limits.
Oh yeah, no doubt. I am far from either of those two things, but I'd support the hell out of keeping that portion free from E&P. I like my beach vacations lol
Posted on 1/16/24 at 10:43 am to ragincajun03
quote:
Just pointing out that it isn't just "environmentalists" and leftist politicians keeping some parts of GOM off limits.
NIMBYs have done more damage to US energy capacity than every enviro-whackaddodle and progressive combined.
Posted on 1/16/24 at 10:44 am to PetroAg
quote:
$/bbl
Dollars per Brazilian Butt Lift?
Posted on 1/16/24 at 10:50 am to SlowFlowPro
quote:
I understand that, but the natural issues of supply/demand exist with petro and aren't some conspiracy of "them".
This is one of those "kernel of truth" examples that CTs use to expand. Will a decline in petro cause a decline in our SOL? Clearly. That doesn't mean the decline in petro supply is being manufactured by some elite cabal.
I was referring to you mentioning Peak Oil
we dont have the data to know the total of hydrocarbons on the Earth, so we can only guess when we are at the peak of it and beginning the decline portion
the peak keeps shifting because we keep finding more oil reserves and are getting better and better at recovering it
we actually have a far greater capacity problem than a production problem
and the fact that global hydrocarbon production is becoming more and more sour
of course it is in their best interest to say the commodity they are producing may become more scarce in the near future driving up the value of the thing they do
Posted on 1/16/24 at 10:54 am to SlowFlowPro
quote:
Kind of arguing my point indirectly
peak oil is like climate change
make big alarmist declarations from very small data sets
the big declarations are always self serving and fit neatly into agendas
you call it conspiracies, I call it strategies
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