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re: World Wide Oil Monopoly?
Posted on 4/28/26 at 4:41 pm to Powerman
Posted on 4/28/26 at 4:41 pm to Powerman
quote:
It isn't a matter of belief. It's a matter of fact. You would have to know nothing about the industry not know that the shale boom started before Trump was president.
Maybe Obama and Biden should have taken more credit for it rather than pretend it wasn't happening to appease their Green Agenda crowd.
Perception is reality.
I mean, we just wiped the shite out of Iran and they have been set back by a decade or more. We've already won in many ways. Yet, if somehow things go sideways and the perception is that we lost politically because some minor objective wasn't met, I'm sure you'll be reminding us constantly about it. Damned the facts that we, and the world, are much better off today than we were in February in regards to Iran.
0
Posted on 4/28/26 at 4:43 pm to Henry Jones Jr
quote:
Literally thought about this the other day. There’s no way they will take us cutting off their oil supply laying down.
We aren't cutting them off. WE will sell it to them at market prices.
Posted on 4/28/26 at 6:34 pm to mtb010
quote:
If we starve out a nation that has nuclear capability, then what do they have to lose by striking?
Anything else that is left over there.
Posted on 4/28/26 at 6:47 pm to Powerman
quote:
shale boom started before Trump was president
Yes, on private land that feds couldn't shut down. Trump just opened it up to more fed land
Posted on 4/28/26 at 7:03 pm to Powerman
quote:
Powerman
Tell us what the percentage is dipshit
Posted on 4/28/26 at 7:07 pm to DeplorableTerrorizer
quote:
Yes, on private land that feds couldn't shut down. Trump just opened it up to more fed land
These assholes want to act like nothing Trump has done has mattered
Posted on 4/28/26 at 7:28 pm to mtb010
quote:
Oil is literally the life line to every economy, without it, there is mass death and civil unrest. If we starve out a nation that has nuclear capability, then what do they have to lose by striking?
Seriously, what are you referring to? What nuclear nation did OP mention?
Posted on 4/28/26 at 7:33 pm to TigerPlate
Breaking up the oil cartel will help.
Don't tell Rand though. He hates free trade
Don't tell Rand though. He hates free trade
Posted on 4/28/26 at 8:02 pm to HubbaBubba
quote:
Just to simplify, if we cut off the oil to everyone else, (A) who is going to buy American manufactured products if we shut down their economies? (B) It is typically less costly and faster to export oil (say, from Texas) to a foreign country than to move it via pipeline (say, from Texas) or ship to a refinery on the east coast. (C) If global prices are significantly higher than domestic prices, companies will export to maximize profit for their shareholders. (D) A great amount of the oil produced in the U.S. is "light and sweet," which is easier to sell to foreign refineries than it is to adapt U.S. facilities to use it.
(E) not to mention all of the products that can be made from heavy sour crude vs. shale oil, e.g. asphalt, bunker, coke etc. & base oils for lubricants
This post was edited on 4/28/26 at 8:04 pm
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