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Started By
Message
US oil production has increased 300,000 barrels per day in Nov alone
Posted on 11/28/19 at 1:19 am
Posted on 11/28/19 at 1:19 am
Wow. As new pipelines are commissioned you immediately see the production jump like this. Now up to 12.9 million per day. And natural gas rolling as well.
For you boys in that industry, nice work, keep it up.
For you boys in that industry, nice work, keep it up.
13
Posted on 11/28/19 at 3:13 am to trinidadtiger
Currently drilling ahead here in the great state of Alaska
Posted on 11/28/19 at 3:33 am to trinidadtiger
If the Dems win 2020 the first order of business will be to curtail the oil and gas business. Thereby destroying the economy to save the economy. But then they will replace the Trump jobs he has provided blacks and minorities with trinkets (remember the Obama phones and party favors he gave them instead of a job and a family) and they will march to the polls in lockstep and vote Dem again. Since perception is more important than a job. And the wage and living standards gap will explode one more time.
Posted on 11/28/19 at 3:52 am to jimdog
quote:
If the Dems win 2020 the first order of business will be to curtail the oil and gas business.
Not a big fan of the Dems but the most rapid production growth in US history came under Obama, so much so that the US completely unbalanced the global crude market in a good way.
Posted on 11/28/19 at 3:56 am to cave canem
quote:
Not a big fan of the Dems but the most rapid production growth in US history came under Obama, so much so that the US completely unbalanced the global crude market in a good way.
That may be so but this Democratic party is not Obama's democratic party
They have gone off the deep end even further than imaginable
Posted on 11/28/19 at 6:11 am to trinidadtiger
Not in Louisiana
We’re still suing oil and gas companies who drill near because our citizens are functionally retarded
We’re still suing oil and gas companies who drill near because our citizens are functionally retarded
Posted on 11/28/19 at 6:12 am to Pelican fan99
That may be so but he fought it kicking and screaming the whole way. This man (Trump) welcomes it.
To have a man tell you he is going to kill an industry and your power bill necessarily is going to have to skyrocket. he deserves credit for nothing when it comes to energy.
To have a man tell you he is going to kill an industry and your power bill necessarily is going to have to skyrocket. he deserves credit for nothing when it comes to energy.
This post was edited on 11/28/19 at 6:14 am
Posted on 11/28/19 at 6:26 am to trinidadtiger
This is why I’m happy getting out of Turkey and eventually the Middle East . We simply don’t need them and their backwards culture anymore.
Posted on 11/28/19 at 6:44 am to cave canem
quote:
Not a big fan of the Dems but the most rapid production growth in US history came under Obama, so much so that the US completely unbalanced the global crude market in a good way.
You just can't throw that shite out there without providing a link to back it up.
Posted on 11/28/19 at 6:44 am to cave canem
LOL! He fought drilling. He fought fracking which is the world standard. Fracking just happened to be maturing when he came on the scene. We are a world wide net exporter and you leftists will destroy the economy which is based upon inexpensive energy. Given the chance to do so. That puts government and not business in the driver's seat.
Posted on 11/28/19 at 6:50 am to cave canem
The only reason why this happened under 0bama was because of the oil spike in 2007-2008 as it took oil companies a few years to ramp up production. It takes time to find new oil, lease mineral rights, and drill new wells.
Posted on 11/28/19 at 6:59 am to Homesick Tiger
quote:
You just can't throw that shite out there without providing a link to back it up.
LINK
There is a reason the usual group of shitstains are busily creating straw-men instead of proving me wrong.
On election day 2008 the US was producing roughly 4.8 mbpd, pretty much a historical low, by Election day 2016 production was 8.7 mbpd with a high of 9.5 mbpd during 2014.
Obama had frick all to do with it but those are facts.
Posted on 11/28/19 at 6:59 am to trinidadtiger
$2.7B pipeline Project I’m on just started moving (partial in-service) oil 2.5 weeks ago. West Texas to Corpus Christi.
Company I’m with has many more planned. Growth was halted on previous administration.
Company I’m with has many more planned. Growth was halted on previous administration.
Posted on 11/28/19 at 7:00 am to jimdog
quote:
you leftists
I am not a leftist, I am also not a POS liar like you.
Facts are facts shitstain, they dont change just because your delusional arse does not like them.
Posted on 11/28/19 at 7:01 am to Man4others
quote:
The only reason why this happened under 0bama was because of the oil spike in 2007-2008 as it took oil companies a few years to ramp up production. It takes time to find new oil, lease mineral rights, and drill new wells.
100% agree.
Posted on 11/28/19 at 7:15 am to trinidadtiger
And E&P and midstream equities are cratering...these are some of the darkest days in the industry as shitco management teams destroyed billions of capital drilling uneconomic wells. Bankruptcies and massive layoffs are going to be the O&G story for 2020.
Posted on 11/28/19 at 7:18 am to cave canem
That happened in spite of him. He fought O&G development especially on Fed lands. Didnt keep him from touting it though being the great sleaze ball he is.
Posted on 11/28/19 at 7:19 am to cave canem
quote:
Facts are facts shitstain, they dont change just because your delusional arse does not like them.
Obama fought oil production, the fact that the industry had a natural upturn DESPITE Obama doesn't credit Obama.
Posted on 11/28/19 at 7:20 am to trinidadtiger
quote:
For you boys in that industry, nice work, keep it up.
Yeah, let’s keep drilling ourselves into unemployment!!!
Posted on 11/28/19 at 7:23 am to cwill
quote:
unemployment
No such thing in Trump economy. Watch what happens when the trade deals take hold.
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