new chevy commercial

[Aqua Blue RS/SS]

I’ve never met either of you (moto, 45) but, we are kindred spirits

Presidential/governmental (federal and state) policy can have a lot to do with supply of oil. When you tell us we can’t drill, (yea there may be lease permits approved but BLM won’t give the permits to drill and to authorize pipeline right of ways) and you impose incredibly stupid laws on production companies via BLM and certain state governments (AHEM… New Mexico, Colorado, California, etc) that are meant to make production way more difficult and not change the environmental concerns, you are limiting production. Limiting production increases prices, selling from the national reserves deflates prices momentarily for the elections coming up only for them to likely go up again shortly there after. The current POTUS openly said he was going to kill Fossil Fuels back in 2020. We are seeing those efforts.

In this context BLM references the Bureau of Land Management.
I didn’t sleep in a holiday inn last night. I proudly eat, sleep, and drink oil and gas as a production related supervisor for the evil multi billion dollar company I work for in the San Juan basin of NM.

[ADVMax]

Originally Posted by ariZona28

I like that! That's t-shirt and bumper sticker material!

I think so as well! I may just print some up!

[xstuntman]

Originally Posted by Aqua Blue RS/SS

Presidential/governmental (federal and state) policy can have a lot to do with supply of oil. When you tell us we can’t drill, (yea there may be lease permits approved but BLM won’t give the permits to drill and to authorize pipeline right of ways) and you impose incredibly stupid laws on production companies via BLM and certain state governments (AHEM… New Mexico, Colorado, California, etc) that are meant to make production way more difficult and not change the environmental concerns, you are limiting production. Limiting production increases prices, selling from the national reserves deflates prices momentarily for the elections coming up only for them to likely go up again shortly there after. The current POTUS openly said he was going to kill Fossil Fuels back in 2020.

I sit on the edge of the west Texas oil patch and when gas was four something a gallon and a lot of rigs were still parked. I'm sure they will remain parked until the next presidential election too.
A few (and fewer every day!) might not like the former pres personally but his policy was America first, unlike the current policy of America last. Energy independence sure was nice.

[Aqua Blue RS/SS]

Originally Posted by xstuntman

I sit on the edge of the west Texas oil patch and when gas was four something a gallon and a lot of rigs were still parked. I'm sure they will remain parked until the next presidential election too.
A few (and fewer every day!) might not like the former pres personally but his policy was America first, unlike the current policy of America last. Energy independence sure was nice.

BINGO!

[NOT A 45]

Originally Posted by Aqua Blue RS/SS

I’ve never met either of you (moto, 45) but, we are kindred spirits

Presidential/governmental (federal and state) policy can have a lot to do with supply of oil. When you tell us we can’t drill, (yea there may be lease permits approved but BLM won’t give the permits to drill and to authorize pipeline right of ways) and you impose incredibly stupid laws on production companies via BLM and certain state governments (AHEM… New Mexico, Colorado, California, etc) that are meant to make production way more difficult and not change the environmental concerns, you are limiting production. Limiting production increases prices, selling from the national reserves deflates prices momentarily for the elections coming up only for them to likely go up again shortly there after. The current POTUS openly said he was going to kill Fossil Fuels back in 2020. We are seeing those efforts.

In this context BLM references the Bureau of Land Management.
I didn’t sleep in a holiday inn last night. I proudly eat, sleep, and drink oil and gas as a production related supervisor for the evil multi billion dollar company I work for in the San Juan basin of NM.

Well, when the guy said that the President doesn't set gasoline prices.....my typing fingers were getting fidgety! Only an idiot can't see that his policy, mandates, and executive orders directly effected our energy situation! Guessing from that guys point of view, his economic policy has had no effect on the price of goods and services (let alone my 401K) either. Relax he says.....everyone's making more money. My raise this year was around 2%, but inflation is running around 8+%!

I think it was MOTO who said nothing worse than 1 California but 50 California's......more like 49 because apparently Indiana is the land of unicorns and fairy tails.....lol

[MSgt O]

And covid had zero to do with falling prices, less demand, and parked rigs that are still parked. Why are they still parked? Profits. Period and of story. Profits is what drives the US economy. Every other excuse or explination is a cause of lack or PROFITS for these companies. Why arent we drilling more? Profits..why would you spend money to scout and prep for a new drilling site, when you can just jack up the prices. I work for a federal agency that deals with permits, drilling, exploration, and they arent being used. Why? Why would corporations spend the money on this when they can and will jack up the prices, and we will continue to pay them. The all mighty dollar is all they care about. if you ask about regualtion, look back at when we DIDNT regulate for profit compaines. what do they do, strip all they can, down to the bare bones and move on...wonder why the midwest timber production took a dump in the early century and became a wasteland with no more timber to harvest? because corporations care more about money than anything else.

[NOT A 45]

Originally Posted by MSgt O

And covid had zero to do with falling prices, less demand, and parked rigs that are still parked. Why are they still parked? Profits. Period and of story. Profits is what drives the US economy. Every other excuse or explination is a cause of lack or PROFITS for these companies. Why arent we drilling more? Profits..why would you spend money to scout and prep for a new drilling site, when you can just jack up the prices. I work for a federal agency that deals with permits, drilling, exploration, and they arent being used. Why? Why would corporations spend the money on this when they can and will jack up the prices, and we will continue to pay them. The all mighty dollar is all they care about. if you ask about regualtion, look back at when we DIDNT regulate for profit compaines. what do they do, strip all they can, down to the bare bones and move on...wonder why the midwest timber production took a dump in the early century and became a wasteland with no more timber to harvest? because corporations care more about money than anything else.

Hmmmmm.....I'm just curious here.
So what your telling me here is that increased prices over less production is better than increased production with a similar profit margin over a larger quantity that we actually export and sell overseas is more desirable to the oil production businesses? I'll take my advice from Blue thank you!

[SS376]

Originally Posted by MSgt O

And covid had zero to do with falling prices, less demand, and parked rigs that are still parked. Why are they still parked? Profits. Period and of story. Profits is what drives the US economy. Every other excuse or explination is a cause of lack or PROFITS for these companies. Why arent we drilling more? Profits..why would you spend money to scout and prep for a new drilling site, when you can just jack up the prices. I work for a federal agency that deals with permits, drilling, exploration, and they arent being used. Why? Why would corporations spend the money on this when they can and will jack up the prices, and we will continue to pay them. The all mighty dollar is all they care about. if you ask about regualtion, look back at when we DIDNT regulate for profit compaines. what do they do, strip all they can, down to the bare bones and move on...wonder why the midwest timber production took a dump in the early century and became a wasteland with no more timber to harvest? because corporations care more about money than anything else.

Pure nonsense.

[xstuntman]

Originally Posted by MSgt O

And covid had zero to do with falling prices, less demand, and parked rigs that are still parked. Why are they still parked? Profits. Period and of story. Profits is what drives the US economy. Every other excuse or explination is a cause of lack or PROFITS for these companies.

Actually banks will not loan for drilling period and without loans no drilling. Research ESG.
Environmental, Social, Governance.

Its all about the green deal and its global thanks to the WEF. No oil, no coal, not even nuclear. Fertilizer? Bad! Petroleum based so starving will be good for the unwashed masses.
Gonna be an expensive winter if you like not freezing.

[MSgt O]

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.

“Biden’s runaway drilling approvals are a spectacular failure of climate leadership,” said Taylor McKinnon at the Center for Biological Diversity. “Avoiding catastrophic climate change requires ending new fossil fuel extraction, but Biden is racing in the opposite direction.”

[pyroguy]

Originally Posted by Moto-Mojo

Falling gas prices are a fantasy in CA. I paid $6.46 for MID grade yesterday. This is a full $3 over nat’l average. A total ripoff of Californians. Don’t fall for pretty boy, Gavin Newsom, when he runs for president, or you all will pay $7.00+ and be FORCED to relinquish your Camaro. You have been warned!

Yeah, Commiefornia. A state where you can change your gender, but not your car's muffler. There's a guy I see at car shows who moved to TN this past year and he said that it's like moving back to the USA having left California. With the ban on new gas stations and new internal combustion powered vehicles by 2035, California will continue to spiral down the toilet bowl it's going down.

Originally Posted by redcoats1976

OMG...hes gonna run for president? one problem EVs will face is that the cost of electricity will increase in order to fund needed infrastructure improvements.my bill here in central florida has increased about 40% just due to the unavailabilty of russian natural gas with no improvement to infrastucture at all.and we are all aware that in california the grid is already overstressed.switching to EVs en masse should make things much better there...right? i refuse to vote for some left wing,car hating fascist who probably owns a multimillion dollar beach mansion.

I saw a news article the other day where it was by a liberal journalist who actually admitted that energy prices will go up with the demand from EVs. Something that wouldn't have made such an impact from losing Russian natural gas supplies is coal. The only country in the world that has more coal than the US is China, and not by much. There are 1 quadrillion (1,000 trillion) tons of proven reserves (meaning reserves we know of) in the world. That supply would be able to keep us in electricity for MANY years until we find viable alternatives to fossil fuels.

[redcoats1976]

he has no choice.killing the petroleum industry is akin to killing the goose that lays golden eggs.

[Moto-Mojo]

You lost me at, “Federal data..” I don’t believe ANYTHING that comes down from this regime. And only about half from any ‘duly elected’ regime. The gaslighting is deep, far and wide. The longer it goes on, the more -some- reach full, catatonic brainwashing. Data - lies, damn lies and statistics.

[xstuntman]

Originally Posted by MSgt O

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.

“Biden’s runaway drilling approvals are a spectacular failure of climate leadership,” said Taylor McKinnon at the Center for Biological Diversity. “Avoiding catastrophic climate change requires ending new fossil fuel extraction, but Biden is racing in the opposite direction.”

And the BLM data in 2021 began showng a huge fall off in drilling permits.
Doesn't matter tho, no loan, no drill.
Embrace the green.