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RE: I was specifically responding to a post that suggested that

Posted on: March 31, 2024 at 20:30:13 CT

KC rules MU

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And if the US was reliant on conventional oil, that would hurt oil companies and consumers alike. But the sheer amount of oil coming from unconventional sources is impacting oil price to the point that the offshore leases (where most of the federal oil remains) really cannot compete and those projects are sliding to the bottom of most companies portfolios. The cost to drill and develop is enormous as is the lease to first oil time (several years)

Is it sound policy? No. Is it what the oil companies want? No, at least not the gulf of Mexico players. Is it having an impact on the current oil price? No.

Please explain why this message is being reported.

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MESSAGE THREAD

LOL....Demand for EV is at an all time - Tigrrrr! MU

- 3/31 16:16:22

Oil companies must be completely hedged by investing - Diamond Dave MU

- 3/31 17:14:08

U. S. Oil production at record high. Do you want to give - namres MU - 3/31 17:17:34

Are you serious? (nm) - Outsider MU - 4/1 06:09:57

Credit? The rise is in spite of their feeble (aren't you pis - 90Tiger STL - 3/31 19:48:29

Fvck no. Give the oil companies credit for ramping up... - BandG MU - 3/31 17:31:28

That's not true on several levels - KC rules MU - 3/31 18:32:41

someone has no idea the time from lease to - tman MU - 3/31 19:00:46

KC rules actually works in the industry - JayHoaxH8r MU

- 3/31 20:32:21

I'm aware of that, it's patently obvious. Go back to rootin - 90Tiger STL - 3/31 20:33:58

I was talking to low-T man - JayHoaxH8r MU

- 3/31 20:35:30

well jayhawker, I supply critical parts to the industry so - tman MU - 3/31 20:38:30

RE: well jayhawker, I supply critical parts to the industry so - KC rules MU - 3/31 20:49:28

you are correct. The rigs and the equipment - tman MU - 3/31 20:56:50

you're not to the level of kc rules - JayHoaxH8r MU

- 3/31 20:49:03

and you have no insight whatsoever on the subject(nm) - tman MU - 3/31 20:52:50

Except to point out - JayHoaxH8r MU

- 3/31 20:53:33

you've managed to make this thread about Trump, congrat - 90Tiger STL - 3/31 21:00:33

Dont be an idiot. I read his posts and - JayHoaxH8r MU

- 3/31 21:03:29

the thread wasn't about gas prices, jay, nor trump (nm) - 90Tiger STL - 3/31 21:06:56

kc rules was speaking to gas prices - JayHoaxH8r MU

- 3/31 21:18:28

take the L partner. (nm) - tman MU - 3/31 20:58:12

And the rest of the story... - pinkman MU - 3/31 18:54:29

The number of pads are sufficient to get the project off - KC rules MU - 3/31 19:02:48

So your position is the Biden admin is pro US production - 90Tiger STL - 3/31 19:49:24

Did I say that? - KC rules MU - 3/31 20:04:00

did you follow the thread? (nm) - 90Tiger STL - 3/31 20:09:24

I was specifically responding to a post that suggested that - KC rules MU - 3/31 20:17:14

RE: I was specifically responding to a post that suggested that - 90Tiger STL - 3/31 20:19:01

RE: I was specifically responding to a post that suggested that - KC rules MU - 3/31 20:30:13

but you didn't include what I shared in your analysis, why? - 90Tiger STL - 3/31 20:33:11

There has been leasing under Biden - KC rules MU - 3/31 20:47:53

RE: So your position is the Biden admin is pro US production - meatiger MU - 3/31 20:01:14

I think it's funny someone wanting to credit Biden for it - 90Tiger STL - 3/31 20:10:15

RE: I think it's funny someone wanting to credit Biden for it - KC rules MU - 3/31 20:20:25

RE: I think it's funny someone wanting to credit Biden for it - meatiger MU - 3/31 20:13:53

I didn't listen to gloom and doom, but I did listen to this - 90Tiger STL - 3/31 20:15:36

RE: I didn't listen to gloom and doom, but I did listen to this - meatiger MU - 3/31 20:22:33

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