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re: Permian Basin Oil Output Hits Record

Posted on 1/22/22 at 1:30 pm to
Posted by TBoy
Kalamazoo
Member since Dec 2007
25999 posts
Posted on 1/22/22 at 1:30 pm to
quote:

As someone in the oilfield you’re a moron

Is the articled linked in the OP good news or bad news?
Posted by Penrod
Member since Jan 2011
46691 posts
Posted on 1/23/22 at 8:02 am to
quote:

Louisiana based or Texas?

Both
Posted by GoldenGuy
Member since Oct 2015
12464 posts
Posted on 1/23/22 at 8:05 am to
quote:

The Biden Administration ain't shutting down the Permian Basin any time soon. Even activity on the Federal Lands in Permian New Mexico is blowing and going.


Never underestimate the giant bureaucracy’s ability to destroy any chance of economic recovery by trying to protect a stupid fricking lizard.
Posted by frogtown
Member since Aug 2017
5390 posts
Posted on 1/23/22 at 8:33 am to
quote:


No. Can you show a production cut now? The thread is about production at record levels. So clearly you are not being honest


I think at its highest US production(just before Covid) was at 13 million barrels/day. Now production is at around 11.5 million barrels/day. So US production is down. That is a production cut.

The article states the Permian is at record levels, That doesn't count the Bakken, Eagle Ford, US offshore etc which are all down.
This post was edited on 1/23/22 at 8:35 am
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