Team Blue better wake up soon!
Oil production cut backs announced
- Thread starter Jetronic
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Regardless of team color the way out of the mess is through minimizing dependency and ultimately - self sufficiency.
As globalism collapses the full weight of cost lands on those in whatever system one aligns with, and most find out quickly they vastly underestimate the scope of the cost and cant come close to providing anywhere near the level of security they enjoyed under the dollar system.
As globalism collapses the full weight of cost lands on those in whatever system one aligns with, and most find out quickly they vastly underestimate the scope of the cost and cant come close to providing anywhere near the level of security they enjoyed under the dollar system.
Yeah, if team red makes them more profits (higher prices) then... then team red is what they'll be rooting for. It was team blue that asked to keep lower prices from the saudi's. The unfortunate reality is we rely on foreign oil mostly.
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Of my last 5 years in the Appalachia oil basin in SW Pennsylvania, work has never been busier
I wish that was true in the Bakken the last two years
Zee09
$200 Site Donor 2023
Yesterday I got delivery of 100 gallons of heating oil for $325.90 all inclusive..
I thought that was a deal all things considered.
I thought that was a deal all things considered.
I think we could shed the tenth on the price at the pumps. $3.999 could just as well be an even $4.00.
We have already pumped more oil recently-
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- Jun 22, 2022
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Not well would be my guess.
About half depleted last I heard.
wakey wakey eggs and bakey........
Iran just seized a Turkish oil tanker. Not our problem anymore.
Dont want the petrodollar, or the US dollar as the reserve currency? - go ahead and protect the trade lanes yourself.
The first domino just fell, if they get away with it expect this to become the norm.
If everyone just bought an Electric car, none of this would matter. Jesh.,,,
Oil will be with us forever.
What it costs is the question.
Why would i care what iran does to Turkey?
Are you asking me if i don't want the US dollar as a reserve currency? I was speaking of China and Russia, and Brics Countries...
We were discussing both the petrodollar and the US dollar as the worlds reserve currency.
Why would you care what Iran does to a (sorry I should have been more clear) Chinese owned ship sailing from Turkey in this case it was headed to houston, but its destination port is way less relevant than the precident being set.
Your country is the worlds #32 importer of crude right?
Whats going to happen when more regimes start to choke exports from the middle east?
Thats correct, still don't care what they do there. Never have... We have Norway close, but i get your point. But i do care that they trying to dump the dollar as the world currency. And doing oil trading with yuan and ruble.
We're still at least 20-30 years away from making EVs practical...the way out currently is to allow the US to go back to being the world's #1 oil producer...
Waiting for the prices-are-determined-by-supply-and-demand guys to chime in...
It was also team blue that put a strangle hold on US oil production...we were the world's #1 oil producer until then and we didn't need OPEC...
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