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USA has the highest costs

Posted on: March 3, 2022 at 13:28:33 CT
meatiger MU
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The leverage was lost when we shut down the economy and oil prices went to zero. Estimates are saying usa will hit record oil production later this year into next. You know. Predictable markets based on price, demand, and then supply.

Edited by meatiger at 13:30:35 on 03/03/22
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Oil hit $116 per barrel this morning - 4TigersinMichigan MU - 3/3 12:57:52
     And what will that do?(nm) - meatiger MU - 3/3 13:12:21
          Increase the supply of crude for the Western - jmlppx MU - 3/3 13:24:28
               How can he force the oil companies to produce more? - JayHoaxH8r MU - 3/3 13:28:35
                    lmfao (nm) - 90Tiger STL - 3/3 13:57:18
                    He who? I worked in the industry for 40 years. Increased - jmlppx MU - 3/3 13:33:31
                         Agree. The problem is, correct me if i'm wrong, - JayHoaxH8r MU - 3/3 13:41:17
                              All a pretty can do is help set the conditions for explorati - jmlppx MU - 3/3 17:10:54
                              Why do you need to go off the grid - meatiger MU - 3/3 13:46:50
                                   Want the ability to go places - JayHoaxH8r MU - 3/3 14:39:39
               USA has the highest costs - meatiger MU - 3/3 13:28:33
                    Nope. Leverage in trading is always there. Oil industry is - jmlppx MU - 3/3 13:34:31
                         It is a traded product - meatiger MU - 3/3 13:45:16
                         He's right that low prices during Covid have impacted US oil - KC rules MU - 3/3 13:41:21
     We agree - JayHoaxH8r MU - 3/3 13:09:32
     Xiden* proudly says, "I did that!" - BH O'bonga MU - 3/3 13:01:14
     Gas is over $5/gallon here - Spanky KU - 3/3 13:00:24




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