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Topic Title: The Price of Gas !
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Created On: 07/19/2021 09:38 AM
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 07/22/2021 06:07 AM
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Cole

Posts: 54338
Joined Forum: 07/22/2003

As a result of the shale boom, the US is the world's largest oil producer, with output expected to average 12.4 million barrels a day this year and 13.3 million barrels a day in 2020.

Um. OPEC opened the flow and the price bottomed out. The US oil industry was hammered.

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So long and thanks for all the fish.
 07/22/2021 06:31 AM
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surfsail

Posts: 3914
Joined Forum: 07/28/2003

Squeezing oil from rock and gas from fracking are both a truly desperate fools errand .. Myopic with absolutely no vision for what the future holds for us and our children / grand children.. Do we really think these will last forever?? Far less the effect that these desperate measures and actions have on the planet.. Like there a "Plan B" for living on another planet.. For a reality check go and try living on the south pole - like those apples?.. I'm sure there are lots of morons out there that think that oil & gas a limitless resources - and probably wouldn't give a shit if they don't anyway - prob don't have any kids.. Of course we love our 'nation building' guises getting involved in oil & gas rich third world countries.. Why don't we ever get involved in efforts in poor countries with no natural resources? Hmmmm.

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"Just because you are paranoid does not mean that they are not after you" - Catch 22

Edited: 07/22/2021 at 06:35 AM by surfsail
 07/22/2021 06:37 AM
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RustyTruck

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Joined Forum: 08/02/2004

Bezos and the ultra rich are going to blast off in the Space Penis and settle on Mars once they have consumed all the resources the earth had to offer.

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Anarchists appose authority, not expertise. Doctors and Nurses aren't imposing any authority over you. Even Bakunin said in matters of boots, refer to the bootmaker.
 07/22/2021 06:54 AM
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somebodyelse

Posts: 6716
Joined Forum: 06/29/2006

Cole: Um. OPEC opened the flow and the price bottomed out

UM, Biden halted the US pipeline, fast tracked the Russian pipeline, removed sanctions on middle east nations, and then...
OPEC took advantage of the lack of leadership and took control of the price of oil by regulating their flow of oil...

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 07/22/2021 07:02 AM
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Cole

Posts: 54338
Joined Forum: 07/22/2003

Originally posted by: somebodyelse

Cole: Um. OPEC opened the flow and the price bottomed out



UM, Biden halted the US pipeline, fast tracked the Russian pipeline, removed sanctions on middle east nations, and then...

OPEC took advantage of the lack of leadership and took control of the price of oil by regulating their flow of oil...


Wrong as usual.

The US pipeline was to take tar sands oil to refineries in Texas. The gas would then be shipped out of the United states for a higher profit.

The Russian pipeline to Germany is natural gas.

The sanctions were on Iranian officials and if relations are somewhat normalized, the infusion of Iranian oil will lower gas prices across the globe.

Like I said, try reading from non retarded sites. They are making you dumber by the day.



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So long and thanks for all the fish.
FORUMS : National Enquirer (FORMERLY NSR) : The Price of Gas !

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