What's new
By:
USCHO Fan Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.

Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

Hey know, according to a guy I work with, the war is over and we won. He was even blaring Toby Keith this morning for it.


(Note: this guy has a weird ass sense of humor and it is possible he was being sarcastic but he is also a huge asshole and I honestly wouldn't put it past him to believe that)
 
FadeToBlack&Gold said:
It's a given. Also, drilling ANWR.
Click to expand...
Yea, that's the other factor. There is going to be a fuck ton of natural areas destroyed if we go down this path. Going to push me towards physical assualt with some of the True Believers on the Hunting/Fishing side of things... Being from Michigan, I'm sure you know the ones, whom are totally invested in "local" conservation and have opinions on those matters, yet remain blind to the bigger picture.
 
RaceBoarder said:
Yea, that's the other factor. There is going to be a fuck ton of natural areas destroyed if we go down this path. Going to push me towards physical assualt with some of the True Believers on the Hunting/Fishing side of things... Being from Michigan, I'm sure you know the ones, whom are totally invested in "local" conservation and have opinions on those matters, yet remain blind to the bigger picture.
Click to expand...
Yes, I am unfortunately acquainted with the "all politics is yokel" type.
 
RaceBoarder said:
Yea, that's the other factor. There is going to be a fuck ton of natural areas destroyed if we go down this path. Going to push me towards physical assualt with some of the True Believers on the Hunting/Fishing side of things... Being from Michigan, I'm sure you know the ones, whom are totally invested in "local" conservation and have opinions on those matters, yet remain blind to the bigger picture.
Click to expand...

I had a friend during my RTX days who was an insane NRA Republichud on everything... but when you started talking about raping hunting/fishing areas for industry he became Rachel Carson.

He is also a top flight Marine marksman with over 200 guns who lives on a self-created prepper compound in Utah (to which he extended me a life-long invitation for "when the race war starts" because "you may be a commie but you have good genes." (I know how my Third Act is going to go.) He has a drain in his skull where they excised cancer. Damn near Olympic level swimmer when I knew him, even though he was late 30s back then (20 years ago). I would not be surprised if he was at January 6th, and I half expect to see him in the news someday.
 
RaceBoarder said:
Sidebar: Does this bring the Shale Oil back on the table? I could see this being a prominent talking point if NoDak oil starts moving again. I'm sure the Dumpies would eat that shit up with an XL spoon... USA JOBS!!!11!
Click to expand...
I preface this with: I am not an expert on oil and gas, but I follow one on TikTok. So this is just my opinion formed by information shared by this man.

Short answer: Yes, kinda.

Long answer: To a point, but not immediately, and the winds of production change daily under this administration.

Oil and gas drilling can't just be turned on and off like a faucet. Old wells where production was stopped and equipment removed just can't roll up with new equipment, jam it in the ground, and be all set to go. Even to tap existing pockets of oil, new exploratory wells would need to be drilled to set up for production.

Then there's the refining of the oil sands. If I remember correctly, most refineries in the US are set up to refine more smooth Texas/Southern oil, and not the grittier Plains/Canadian oil sands. Despite the US being "Energy Independent," it's a misnomer because that includes us selling the grittier oil and other products to buy smoother crude oil to refine for gasoline.

There are multiple facets to the oil industry that each build off each other. Disturbing them (ie: Iran conflict) throws the entire industry off kilter. $80/bbl, with constant demand, and limited outside influence, makes oil sands attractive to drill and refine in the US. $50/bbl just means its cheaper for the US producers to buy from overseas.

$120/bbl makes it more attractive to do more in house because you can sell it to other countries and make a profit off it.

Unless you nationalize the oil industry, we are never truly "energy independent" because we find it easier to sell off supply and buy supply that we can refine better.

As for ANWR, back in 2021 the oil companies said no to leasing land for drilling. Collectively. They all said if was too expensive to haul materials and manpower in for what they couldn't be guaranteed a return on what they found. In 2021. At the peak of oil prices spiking following COVID, and Trump's OPEC deal.

All this to say: the oil companies demand stability. They know there's fluctuations, but someone like Trump creates too much uncertainty. The industry likes Republicans like him for their tax credits and profits, but they know best how to navigate the calm(er) waters under Democratic presidents. And ironically, they earn the biggest profits under Democrats and their "suffocating taxes and environmental laws."
 
Kepler said:
We can, it's just expensive, right? When Brent Crude tops $200 it will be a bargain.
Click to expand...
The sustained $200 is what the oil industry wants.

Shell, BP, Aramco, etc aren't going to invest Billions in new oil sands drilling and refining without knowing theyre going to see a return on their investments.

Especially with this administration where political opinion changes as often as Donald's diaper.

Because if oil hits and maintains $200 this summer, you, I, and most everyone in this thread, knows that Dump will unsanction Russia as a "relief" to high oil prices and flood the market to drive cost down.

It's the same fucking playbook he did in 2018 with OPEC which cratered the price of oil thanks to COVID and the lack of demand.

Oil was negative for months because OPEC couldn't slow production enough. Then, when demand spiked in 2021, production couldn't resume fast enough (because it never could ramp up that fast) causing prices to spike and cause inflation.


But Cleetus, Raceboarders coworker, doesn't understand beyond "I jam the nozzle in my F450 and suddenly $65 doesnt fill my tank."
 
You must log in or register to reply here.
Back
Top