You do realise that US produces nearly twice as much oil a day as the saudi `s do
Yet ANOTHER Trump triumph
- Thread starter diy_fun_uk
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I think the point is that they are happy with the current oil price. Apparently it takes $45 to produce a barrel of US tight oil.
Drill baby drill was a slogan about energy independence. But what the Trump voters probably didn't realise is at the moment the USA cannot refine any more of their own crude oil.
It wont happen but would be very effective economically and politically. Divide and rule works well in the middle east plus they have got own differing agendas
And the oil companies are not investing in increasing refinery capacity, preferring to take advantage of prices.
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Paramount playing Trump like the fool he is...
"Paramount, believe that settling the lawsuit would increase the odds that the Trump administration does not block or delay their planned multibillion-dollar merger with another company, according to several people with knowledge of the matter."
It's all becoming a bit big brothery.
in what way ?
sigh.....
With an oil extraction cost of $10 per barrel, the lowest in the world, Saudi Arabia has an enormous comparative advantage in oil production. This low extraction cost is because Saudi Arabia has the largest proven oil reserves, estimated at around 267 billion barrels (about 24.4% of all proven oil reserves in the world in 2000).
CBS havent lied though..............The transcript confirms what CBS said: That it engaged in normal editing, not any nefarious activity like Trump alleged.
poor gas112 is looking more foolish by the second
A newly released transcript of a contested interview with former Vice President Kamala Harris refutes President Donald Trump’s assertions that CBS committed “election interference” last October.
The Harris interview led Trump to sue CBS, and a pro-Trump advocacy group filed a formal complaint with the FCC, the federal agency that licenses local TV stations.
CBS had, until recently, refused to publish the full transcript of the Harris interview, creating an information vacuum that helped conspiracy theories to flourish. But the network handed over the transcript and tapes for an FCC inquiry, and on Wednesday the agency released the materials, citing “the value of transparency and the public interest here.”
The transcript confirms what CBS said: That it engaged in normal editing, not any nefarious activity like Trump alleged.
Instead of saying “case closed,” though, FCC chair Brendan Carr is opening up the matter to public comment and extending the case for at least another six weeks.
Critics continue to charge that Carr is weaponizing the historically independent FCC to advance Trump’s anti-media agenda
Removing protection from former government employees who criticise your policies and using the power of the government to threaten news organisations. Giving an unelected and unaccountable foreign billionaire unlimited access to citizens private records.
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That doesn't alter the fact that the US produces more oil than Saudi or Russia. The Ghawar oil in Saudi is the largest in the world by far, saudi could increase their output substantially any time they wanted but have opted to decrease output at various stages, they're playing the long game.
Saudi are also looking to build an economy away from oil hence their eagerness to partner with advanced countries like Israel.
the law suit was brought last year when it was clear cbs had edited interview and lied nothing at all with being in power
But only settled now when they are being threatened with their deal being blocked by the government.
of course they did every company just loves to hand over ten billion quid when they have done nothing wrong she was a bumbling half wit in the interview and they edited it to make it look like she knew what she was talking about having to take what was it a third of interview out .CBS havent lied though..............The transcript confirms what CBS said: That it engaged in normal editing, not any nefarious activity like Trump alleged.
poor gas112 is looking more foolish by the second
A newly released transcript of a contested interview with former Vice President Kamala Harris refutes President Donald Trump’s assertions that CBS committed “election interference” last October.
The Harris interview led Trump to sue CBS, and a pro-Trump advocacy group filed a formal complaint with the FCC, the federal agency that licenses local TV stations.
CBS had, until recently, refused to publish the full transcript of the Harris interview, creating an information vacuum that helped conspiracy theories to flourish. But the network handed over the transcript and tapes for an FCC inquiry, and on Wednesday the agency released the materials, citing “the value of transparency and the public interest here.”
The transcript confirms what CBS said: That it engaged in normal editing, not any nefarious activity like Trump alleged.
Instead of saying “case closed,” though, FCC chair Brendan Carr is opening up the matter to public comment and extending the case for at least another six weeks.
Critics continue to charge that Carr is weaponizing the historically independent FCC to advance Trump’s anti-media agenda
A mere snippet .
