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For those wondering why oil companies aren't robustly

Posted on: October 6, 2022 at 11:02:29 CT

4TigersinMichigan MU

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119673

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M.O.B. Votes:

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drilling. Let me give you this scenario. Say you wanted a house, and I had a house to sell you that you really liked. My price was good, and you could get into it immediately. However, the deal included this:

- The interest rate on the mortgage is variable, it can be changed at any time, and the lender has let you know they very interested in raising it soon and often.

- The roof is fine but there will likely be a demand before long that you install solar panels (a time that will be determined for you) and you must do it when I say so or you will be fined.

- Property taxes on the house will be going up, and likely significantly, but no one can tell you when and how much.

How eager would you be to quickly jump in and buy the house?

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REPLY

MESSAGE THREAD

For those wondering why oil companies aren't robustly - 4TigersinMichigan MU - 10/6 11:02:29

because they make more money by restricting drilling - JG A - 10/6 13:12:14

I thought the real bottle-neck is refineries - Ace A - 10/6 11:24:23

Saudis own US refineries - JayHoaxH8r MU

- 10/6 11:26:40

not all - Ace A - 10/6 11:32:52

Largest two IIRC - JayHoaxH8r MU

- 10/6 11:33:08

there are more than 2 refineries in the US - Ace A - 10/6 11:33:57

You serious clark? - JayHoaxH8r MU

- 10/6 11:34:24

then don't say stupid **** - Ace A - 10/6 11:38:36

they don't own US oil refineries? - JayHoaxH8r MU

- 10/6 11:40:16

Retard fight^^^ - GODZILLA MU - 10/6 11:45:14

lol(nm) - Th8tnTiger MU - 10/6 11:39:31

The US rig count has increased steadily in 2022 - KC rules MU - 10/6 11:23:29

Rig count is one factor - 4TigersinMichigan MU - 10/6 11:25:44

RE: Rig count is one factor - KC rules MU - 10/6 11:30:15

I have two friends that own drilling companies - 4TigersinMichigan MU - 10/6 11:32:11

I don't buy the fact you have friends (nm) - ashtray UF - 10/6 12:11:04

If you had two friends in the industry - meatiger MU - 10/6 11:36:13

Dude just take the L - JayHoaxH8r MU

- 10/6 11:32:53

The realities of the market show who is taking the L - 4TigersinMichigan MU - 10/6 11:38:47

Oil companies are producing more oil every year - JayHoaxH8r MU

- 10/6 12:09:23

but you're not supporting 4tigs spin - JayHoaxH8r MU

- 10/6 11:30:43

Then I guess we know why oil prices have not changed - 4TigersinMichigan MU - 10/6 11:33:24

All they can to rake in record profits - JayHoaxH8r MU

- 10/6 11:34:07

Why didnt they do this under Trump?? - GODZILLA MU - 10/6 11:36:03

demand was way down - JayHoaxH8r MU

- 10/6 11:37:57

Dumb poor people being tricked by rich greedy oil - JayHoaxH8r MU

- 10/6 11:21:20

What do oil companies do then - El-ahrairah BAMA - 10/6 11:19:09

lobby (nm) - ashtray UF - 10/6 11:20:14

these politicians wont' buy themselves - JayHoaxH8r MU

- 10/6 11:21:58

and the land the house sits on is leased - Spanky KU - 10/6 11:07:41

oil production is increasing - meatiger MU - 10/6 11:05:34

It is increasing - 4TigersinMichigan MU - 10/6 11:08:16

bullshyt - ashtray UF - 10/6 11:12:01

he cannot help himself - meatiger MU - 10/6 11:13:50

Why is the administration and liberals crying about all - 4TigersinMichigan MU - 10/6 11:16:36

It’s time to deregulate these leases - El-ahrairah BAMA - 10/6 11:23:48

agreed - meatiger MU - 10/6 11:25:59

It is dumb politics - meatiger MU - 10/6 11:20:14

The government is not preventing them from drilling - 4TigersinMichigan MU - 10/6 11:22:01

There are so many undrilled leases because - KC rules MU - 10/6 11:33:16

You are not going to invest as robustly as you can in - 4TigersinMichigan MU - 10/6 11:39:53

Companies know that isn't going to happen - KC rules MU - 10/6 11:55:42

they are not going out of business - meatiger MU - 10/6 11:47:38

Let's make up some issues. Here is a test for you meat - 4TigersinMichigan MU - 10/6 11:48:47

your last post "eventually put you out of business" - meatiger MU - 10/6 11:50:50

I said it was the expressed goal of those in control - 4TigersinMichigan MU - 10/6 11:52:55

So you admit - meatiger MU - 10/6 12:05:05

Where did I ever say they weren't investing meat? - 4TigersinMichigan MU - 10/6 12:11:02

LOL, you made up an entire BS analogy of a fake scenario - kmawv8 MU - 10/6 12:16:00

I could say more about your nonsense - 4TigersinMichigan MU - 10/6 12:21:25

you caught me, I did miss one post in a thread with a lot - kmawv8 MU - 10/6 12:23:37

so he has one kU grad agreeing with him - ashtray UF - 10/6 12:25:00

You are all over the place - meatiger MU - 10/6 12:15:09

Can't be more clear than what I have said throughout - 4TigersinMichigan MU - 10/6 12:19:58

RE: Can't be more clear than what I have said throughout - meatiger MU - 10/6 12:28:13

it's a false premise (nm) - ashtray UF - 10/6 12:24:17

Keep pushing that square peg in the round hole. - kmawv8 MU - 10/6 11:42:00

you keep trying to bring government into it - meatiger MU - 10/6 11:25:03

the facts don't back up their narrative or yours (nm) - ashtray UF - 10/6 11:18:15

terrible analogy (nm) - ashtray UF - 10/6 11:03:53

par for the course (nm) - pickle MU

- 10/6 11:37:07

Especially considering oil companies - meatiger MU - 10/6 11:06:39

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