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Jerryb
Member since Jun 2020
3 posts

Oil and Gas
First time posting and long time lurker. Been very distraught over covid and the election. Will Biden ruin the oil and gas economy in Louisiana? Work in Geismer area without giving away too many details. Maybe switch to millwork somewhere else if things go south?


Napoleon
New Orleans Saints Fan
Kenna
Member since Dec 2007
62391 posts

re: Oil and Gas
No. Not in four years.


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1121
Strannix
USA Fan
Banana Republic
Member since Dec 2012
33662 posts

re: Oil and Gas
Short answer yes, but they will also drive prices up so....who knows


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271
wileyjones
Member since May 2014
431 posts

re: Oil and Gas
Ask the employees of Convent


No Colors
Ole Miss Fan
Locker Room
Member since Sep 2010
8409 posts

re: Oil and Gas
If he restricts new leases on federal lands it could increase drilling demand and prices on private leases. Not all bad in the short term. Generally higher prices.


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181
TaderSalad
LSU Fan
mudbug territory
Member since Jul 2014
18970 posts

re: Oil and Gas
He’ll finish what smacksmack started


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81
Jerryb
Member since Jun 2020
3 posts

re: Oil and Gas
Not there.


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IT_Dawg
Georgia Fan
Georgia
Member since Oct 2012
16443 posts

re: Oil and Gas
everybody will be making $15/hr now and everyone will be able to afford a Mercedes, so more oil and gas will be needed......


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260
aTmTexas Dillo
Houston Astros Fan
East Texas Lake
Member since Sep 2018
6791 posts

re: Oil and Gas
quote:

First time posting and long time lurker. Been very distraught over covid and the election. Will Biden ruin the oil and gas economy in Louisiana? Work in Geismer area without giving away too many details. Maybe switch to millwork somewhere else if things go south?


What do you mean? Both Elon Musk and the president of Toyota have commented on the farcical thinking of those who believe we can kill the fossil energy business. They spoke within the context of moving to electric only cars. To charge those cars and to heat or cool your house there is not enough renewable energy production in this country to substitute for fossil fuels. Envision they kill it. It then would take wall to wall windmills across the country and then throw in a few new nuclear power plants to do it (and probably not). Sometimes the wind doesn't blow and the sun doesn't peek out beneath the clouds. And then we have plastics and feedstock to pharmaceuticals etc. People who think they can kill the industry have degrees in women's studies and art history.
This post was edited on 1/16 at 7:31 am


Hamma1122
Member since Sep 2016
13140 posts

re: Oil and Gas
That was in the works for years. Don’t tell false information


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40
TDcline
Navy Fan
American Gardens building 11th flor
Member since Aug 2015
8575 posts

re: Oil and Gas
OP,

Oil and gas will never completely go away. I work in renewables and I can tell you that there’ll always be a huge need. However, O&G has always fluctuated and it doesn’t matter the letter beside the (fraudulent) President’s name.

The problem with Louisiana is failure to diversify beyond O&G, so when it’s down; it seems like the apocalypse in Louisiana.


Jerryb
Member since Jun 2020
3 posts

re: Oil and Gas
Is there any type of renewables work in LA?
This post was edited on 1/16 at 7:35 am


DaTroof
Louisiana
Member since Jun 2015
950 posts

re: Oil and Gas
The oil and gas industry has seen some of it's worst years under Trump. Massive layoffs at Exxon and Shell and other major oil and gas companies, cancelling of 401k contribution match, cancelling of major projects, etc. Those all came under Trump. These last several years have been some of the worst years the industry has seen (downvotes incoming, but it's true). There are thousands of derivatives of crude oil that we depend on every day, so it's not like the industry can be shut down in a matter of a few years. Yes, Biden is for green energy. I'm far from a Biden fan but anyone who cares about the world their grandchildren will grow up in should be willing to support the move to cleaner and more sustainable energy.


Strannix
USA Fan
Banana Republic
Member since Dec 2012
33662 posts

re: Oil and Gas
quote:

To charge those cars and to heat or cool your house there is not enough renewable energy production in this country to substitute for fossil fuels.


Even if no fossil fuels were needed for energy or vehicle fuel you still have the issue of the entire petrochemical industry and the 6000+ products derived from it.

From PVC pipe to pharmaceuticals


aTmTexas Dillo
Houston Astros Fan
East Texas Lake
Member since Sep 2018
6791 posts

re: Oil and Gas
quote:

The problem with Louisiana is failure to diversify beyond O&G, so when it’s down; it seems like the apocalypse in Louisiana.


Too many trees for windmills or solar panels. But perhaps a system of concrete piers and windmills could be constructed in the marshes in south Louisiana. They could be designed to also create fishing habit. That'd work.


evil cockroach
LSU Fan
27.98N // 86.92E
Member since Nov 2007
5486 posts

re: Oil and Gas
If anything , he’ll scale back drilling and fracking on public land. This should cause the oil price to go up


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40
billjamin
LSU Fan
Houston
Member since Jun 2019
1412 posts

re: Oil and Gas
I’m actually impressed by the logical replies in this thread. Please post this in the politard forum so we can compare responses. I think we need this case study.


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101
TDcline
Navy Fan
American Gardens building 11th flor
Member since Aug 2015
8575 posts

re: Oil and Gas
quote:

Is there any type of renewables work in LA?


There was, but they completely mismanaged the tax credits (go figure) so it’s gone now. But we do most of our work in other states. Lots of solar farms coming to Louisiana.


aTmTexas Dillo
Houston Astros Fan
East Texas Lake
Member since Sep 2018
6791 posts

re: Oil and Gas
quote:

Those all came under Trump.

A simple mind would blame this on Trump. In fact a very simple mind. We went from a booming economy under Trump to a suck fest after Covid. The virus came from China through Europe and to America via sneezing, wheezing and feverish tourists and the like. It killed demand for petroleum products. Sort of a supply and demand thing.
This post was edited on 1/16 at 7:45 am


DaTroof
Louisiana
Member since Jun 2015
950 posts

re: Oil and Gas
quote:

We went from a booming economy under Trump to a suck fest after Covid


Covid has only had an impact over the last year. The decline in the oil and gas industry started well before Covid. Anyone who works in the industry knows that things were better during the years prior to Trump taking office.


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