re: When does Drill Baby Drill really start?

TDS brain rot

Keystone XL was never finished.

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Why has the Keystone pipeline not gone back online?

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Keystone Pipeline has been operating.

Maybe you’re thinking of Keystone XL? That project is dead. TC Energy said screw it after the Biden Administration fricked them over. Funny thing is…less politically charged pipelines have taken its place. So honestly not a big need for that one project anymore.

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Oil prices are still too high, according to the article the rig counts are almost 50 less rigs than this time last year.

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If oil prices are “still too high”, you’d see operators adding rigs instead of dropping them. Hopefully the shale industry is finally smart enough to not drill themselves into bankruptcy again.

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Shhhh... You're not supposed to notice that fuel prices are still high. Just take it and shut up, just like an entire blackmail underage sex operation that didn't exist...

You're only supposed to talk about Jasmine Crockett and ICE raids

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Drill baby drill only makes sense with high oil prices

Oil prices are not high

Trump knew that. Some voters didn’t

IYKYK

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False

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You asked about the Keystone Pipeline in your original post, not the Keystone XL project that you linked to.

TBoy was correct in his/her reply to you. The Keystone Pipeline has been in service for over ten years.

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The Keystone Pipeline is a North American petroleum-transport system designed to distribute bitumen (asphalt) and synthetic crude oil from the Athabasca oil sands in Alberta, Canada, to various locations in Canada and the United States, where these preliminary petroleum products can then be processed into oil and gas for consumers. The pipeline is owned and operated by TC Energy (formerly TransCanada Corporation) of Calgary, Alberta, one of North America’s largest suppliers of natural gas. The first part of the system went into operation in 2010, connecting harvesting facilities in the Canadian city of Hardisty, Alberta, with pumping stations in Illinois and Nebraska.

In February 2011, TransCanada completed one of three planned expansions of the Keystone Pipeline. Known as the Cushing Extension, this expansion added pipeline to connect the pumping stations in Steele City, Nebraska, with a distribution and pumping center in Cushing, Oklahoma. Another expansion, known as the Gulf Coast Project, was completed nearly three years later, in January 2014, connecting the Cushing facilities with refineries in Nederland, Texas. By August 2016, construction had been completed on the Houston Lateral Project, a forty-eight-mile adjunct connecting the Cushing–Nederland pipeline to Houston refineries, and TransCanada Corporation was still hoping to add an additional expansion, the Keystone XL, which would connect Hardisty, Alberta, to Steele City via a more direct route, thereby increasing the transport capacity between these major petroleum hubs. President Barack Obama had formally rejected the proposal for the Keystone XL pipeline extension in November 2015, citing that its construction would undercut US commitments to fighting climate change; the Donald Trump administration renewed interest in the proposal, and thus the debate, in 2017. Trump authorized a new permit for Keystone XL in March 2019, which was subsequently revoked by President Joe Biden in January 2021.

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Moreover, the quality of available wells is diminishing, making it increasingly impractical to pursue lower-cost oil extraction. Despite persistent claims about the abundance of oil in the U.S., the Permian Basin is no longer the golden opportunity it once was, signaling the waning of the onshore oil boom in the U.S. Consequently, the industry is poised to pivot back to offshore drilling, which entails greater risks and higher costs. The reality is that the future of U.S. oil production will require a recalibration towards more challenging and expensive projects.

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this

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Trump knew that. Some voters didn’t

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He knew what to say to the uninformed to get their support. Of course he's in favor of it, but also knows the economical drivers you all mention here.

Just a question for all you O&G guys: Does the Haynesville shale vein run down into central La? I have an uncle who's an independent driller around the Tullos area and is very versed in all O&G matters, and he told me that exploration would eventually come into the area. Thanks

i couldn't finish your newsweek article due to the number pop up ads and i think it may have given my computer aids!

In the accounting field. Hearing a lot of the of the fossil fuel related clients that had been having cash flow issues are now paying a lot of past due bills to ramp up their activities again. Investor/lending cash started coming in after they finally saw what the BBB ended up looking like. Having so much of the clean energy subsidies gutted made things look a lot better for them. Takes a little while to get those projects moving though