re: US oil production has increased 300,000 barrels per day in Nov alone

quote:

---

In the end there will be a handful of companies owning it all, which is what they intended all along.

---

And all of them have a rich history in controlling production to prop up pricing, these companies in one of their many forms have been battling the independents for 140 years over this and nothing has changed.

We go around this circle on some scale once a decade with the big disruptors taking longer to sort themselves out, and shale is the biggest disruptor in a generation.

quote:

---

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.

---

Seems like I remember back when wind turbine technology was really taking off some organization that did the surveys on where to place wind turbines thought the east coast up around the Hamptons was an ideal location......then I remember the Elites said ....uhh no!