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re: America's Energy Industry is in great position
Posted on 8/16/24 at 9:13 am to castorinho
Posted on 8/16/24 at 9:13 am to castorinho
quote:
Nat gas needs major help, the admin halting new LNG permits was not good. That's a direct impact.
The major export projects are already approved
Could we benefit from less friction going forward? Sure.
1
Posted on 8/16/24 at 9:14 am to fwtex
quote:
then why are we having record high energy costs
We aren't
That was pretty easy
Posted on 8/16/24 at 9:15 am to Powerman
quote:
She likely won't be able to do anything about it
bullshite, all she would have to do is get the EPA to add on even more red tape on permitting to the point it would cost out these oil exploration companies or hike the price of oil exploration so high that an insane cost would be passed on to the consumer. Either way we are going to get royally raped at the pump as a result of her presidency.
Posted on 8/16/24 at 9:17 am to mtb010
quote:
Either way we are going to get royally raped at the pump as a result of her presidency.
If Trump isn't a dumbass we won't have to worry about a Harris presidency
It should be an easy victory if he doesn't shite the bed
Posted on 8/16/24 at 9:17 am to Powerman
quote:there's major projects like Energy Transfer in Lake Charles that's pretty much in limbo right now because of that decision. There's a market for more than what's approved currently.
The major export projects are already approved
Could we benefit from less friction going forward? Sure
Posted on 8/16/24 at 9:18 am to waiting4saturday
quote:
the benefits we're seeing now are from work that was started 5-10 years ago. Biden's policies are hurting the next round of projects.
This is true, however the Biden energy production policies that are the most harmful are electioneering policies that will be abandoned if Kamala wins. Sure, they will make some headline grabbing policies that don’t really matter, like making the Florida nearshore off limits for drilling. But this is an area that wasn’t going to get drilled anyway.
Their real energy plan, put into practice by Obama, was to subsidize solar and wind for a few years to cover the costs of developing the supply chains to support them. In ten or fifteen years the subsidies would not be required because the benefits of wind and solar were so manifest that they would be rewarding enough. Well, here we are. It’s been 15 years, and those suck arse technologies still suck arse.
Posted on 8/16/24 at 9:19 am to Penrod
quote:
Well, here we are. It’s been 15 years, and those suck arse technologies still suck arse.
The technologies aren't the problem
The problem is the amount of capital that needs to be deployed before utility scale green energy projects produce anything
Non hydro renewables now produce more energy than coal so I wouldn't say it's been a complete failure
Posted on 8/16/24 at 9:20 am to Powerman
quote:
They were just minding their own business and the world decided to be assholes and pick on poor little Russia.
If you are going to place sanctions on a cheap source of O&G you would think the Biden administration had the strength to strong arm OPEC so we would see lower fossil fuel energy prices here. But they ignore OPEC.
I mean it's great for the domestic producers here in the U.S. but that is a very small percentage of our economy. The rest of the economy really benefits from low energy prices. The prices can be significantly reduced (by 30%) by getting OPEC to open their valve a little more. And that can all start with the Saudis and MBS.
Posted on 8/16/24 at 9:23 am to TigerAxeOK
quote:
Four years ago we were energy independent and sending far less money for oil to goat raping nations that hate us, and our SPR was at 90%+ capacity.
I’ll agree with you on the SPR.
But you do realize the WE that is sending money overseas to import oil into the U.S. in companies, right? Not the government.
It’s also companies selling/exporting oil overseas. Our refineries are some of the best in the world at handling the heavier crudes, so they take it, and the lighter stuff from the Permian and such is exported.
The U.S. became a net exporter of Crude Oil & Petroleum Products in 2019 and still have that status.
But if you pull the data of net imports for just Crude Oil, which the EIA site appears to go back to just November 2001, it appears we have NEVER been a net exporter of just Crude Oil, at least from 2001 to Present. Not under Bush, Obama, Trump or Biden.
Posted on 8/16/24 at 9:23 am to GumboPot
quote:
If you are going to place sanctions on a cheap source of O&G
Are we the only country that placed sanctions?
Do you think we shouldn't have placed sanctions?
Posted on 8/16/24 at 9:23 am to waiting4saturday
quote:
Most O&G projects aren't very quick - especially talking about LNG plants or deep water platforms - the benefits we're seeing now are from work that was started 5-10 years ago. Biden's policies are hurting the next round of projects.
powerbottom is a dumbfrick commie. he does not know shite about leasing, permitting, drilling, production timelines or shite about federal or private lands or bidens comments about federal leasing.
we discussed this yesterday.
next he will say we did not have a moratorium under obama or him and biden did not shut down keystone XL!
or that dems love fossil fuels! love them so much california wants no more gasoline powered cars!
75% of oil production here comes from PRIVATE AND STATE LANDS
NOT FEDERAL
Posted on 8/16/24 at 9:25 am to Fat Bastard
quote:
75% of oil production here comes from PRIVATE AND STATE LANDS
NOT FEDERAL
Which is precisely why you shouldn't give much of a frick when new federal permits aren't opened
Posted on 8/16/24 at 9:25 am to Powerman
quote:
quote:
where is this production from?
The United States
That's all that fricking matters you mongoloid
so leasing and regulations on federal lands do not matter?
it absolutely matters you poor, filthy, white trash ugly cock sucking POS. read what i posted about federal lands and private and what biden had said.
75% of production comes from private and state lands! not federal you moron.
quote:
where is this production from?
The United States
That's all that fricking matters you mongoloid
so leasing and regulations on federal lands do not matter?
it absolutely matters you poor, filthy, white trash ugly cock sucking POS. read what i posted about federal lands and private and what biden had said.
75% of production comes from private and state lands! not federal you moron.
Posted on 8/16/24 at 9:26 am to Fat Bastard
You're about to have a stroke. Well, hopefully.
Posted on 8/16/24 at 9:26 am to castorinho
quote:
Nat gas needs major help, the admin halting new LNG permits was not good. That's a direct impact.
Domestic expansion of LNG real problem is Qatar. Qatar always outbids American LNG. The only time domestic LNG can beat Qatar is when Qatar's LNG capital is near 100% utilized.
Posted on 8/16/24 at 9:28 am to Powerman
In 2020 at the last debated Biden claimed that he would end all drilling and fracking. Truth is that he signed and approved more leases and permits than Trump did. At the moment we are producing more than ever before.
Posted on 8/16/24 at 9:28 am to Powerman
Posted on 8/16/24 at 9:29 am to Powerman
quote:
America's Energy Industry is in great position
quote:
Powerman
Posted on 8/16/24 at 9:29 am to Powerman
quote:NATO counties.
Are we the only country that placed sanctions?
quote:
Do you think we shouldn't have placed sanctions?
No. But that is a nuanced argument.
Posted on 8/16/24 at 9:29 am to SDVTiger
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