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re: US crude output to rise to record 12.76 million bpd in 2023
Posted on 8/11/23 at 1:17 pm to Green Chili Tiger
Posted on 8/11/23 at 1:17 pm to Green Chili Tiger
And where is most of that coming from? The state Biden hates the most -- TEXAS
1
Posted on 8/11/23 at 1:50 pm to supatigah
quote:
sure but you do like to flame
LOL
Cwill is damn near the only person who post mostly fact based info in any oil/gas related post in the PT.
Everyone else just seems to post the usual half assed responses that have been posted hundreds of times
Posted on 8/11/23 at 1:51 pm to Quidam65
We are drilling
Oil patch is rolling
Oil patch is rolling
Posted on 8/11/23 at 2:13 pm to dafif
quote:
Is anything I wrote factually incorrect?
There’s nothing in the OP that mentions any of your strawman. Your post is dumber than all of your moronic due diligence posts re Twitter and musk. Please stay away from threads that involve actual knowledgeable discussions. TIA.
Posted on 8/11/23 at 2:25 pm to Fat Bastard
quote:
we are talking jobs here. JOBS. many lost jobs. same as when dipshit biden took over and repeated the same thing.
We have been talking about supply and prices. Jobs is a different topic. And yes that project not going fwd kept those jobs from being created.
quote:
how do we know this about ANWR?
The reserves have come into question and with ramping shale prod, keeping something closed that has never been exploited has no current, noticeable effect on prices.
quote:
who doesn't? does not change the facts of what happened after either. again we are talking JOBS for people who lost them due to that. we can argue the timeline of it, geographic coverage, etc until we are blue in the face it is over now.
Production. Yes, bad for jobs, but maybe some fault lies w BP? Maybe?
This post was edited on 8/11/23 at 2:31 pm
Posted on 8/11/23 at 2:26 pm to Tmcgin
quote:
We are drilling Oil patch is rolling
BUT service costs still a little high!
This post was edited on 8/11/23 at 2:27 pm
Posted on 8/11/23 at 2:31 pm to supatigah
quote:
As with a lot of things the Biden WH does, they lied to their supporters while campaigning about what they were going to do versus what they are doing now while in office.
Yet the left is outraged that Biden approved a shortline RR to the Uinta Basin in Utah. That crude has to move by rail due high wax content. Even cut 50% with condensate wax buildup in pipelines after 100 miles is insane.
Edit - value of Uinta crude is the best for refining into base oil which lubricants are made from. Wholesale price of base oil is around $5 per gallon which is far better than any other major product.
This is wonderful crude while the tight shale crude is good for blending and not primary feedstock.
As to your comment on chemicals, a client is shifting to going after the mining market with his modified starch polymers. Halliburton et al are trying to give that business to Indian podnas who like the Europeans have not been able to meet the same specs. His company has THE major supplier for almost 60 years after then started the market.
This post was edited on 8/11/23 at 5:05 pm
Posted on 8/11/23 at 3:42 pm to cwill
quote:
Production. Yes, bad for jobs, but maybe some fault lies w BP? Maybe?
The biggest culprit is the State of Florida which has kept a block on 1/3 of the Gulf of Mexico for decades. We know that there is oil in shallower waters which is far less costly to develop than deepwater elsewhere.
As far as loss of drilling rigs being active that is definitely to productivity in drilling wells today. A week are less to drill a well, then later the completion crew comes along. I wonder how many DUCs are waiting for completion?
Posted on 8/11/23 at 3:59 pm to cwill
quote:
but maybe some fault lies w BP?
Absolutely. BP’s negligence hurt the perception of our industry. To hell with them.
Posted on 8/11/23 at 4:02 pm to ragincajun03
quote:
Absolutely. BP’s negligence hurt the perception of our industry. To hell with them.
!!!!
Posted on 8/11/23 at 6:18 pm to ragincajun03
quote:
Absolutely. BP’s negligence hurt the perception of our industry.
The Feds had been giving permits on the bad well design to BP for years. This all goes back to the negligence of the Feds
Posted on 8/11/23 at 6:35 pm to CitizenK
quote:
The Feds had been giving permits on the bad well design to BP for years. This all goes back to the negligence of the Feds
Come on, brah.
Posted on 8/11/23 at 11:11 pm to CitizenK
quote:
Yet the left is outraged that Biden approved a shortline RR to the Uinta Basin in Utah. That crude has to move by rail due high wax content. Even cut 50% with condensate wax buildup in pipelines after 100 miles is insane.
that short line and terminal will be a huge benefit to NE Utah jobs
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