Yet ANOTHER Trump triumph

[Notch7]

Relax, It'll be sorted tomorrow, or before you can say 'smash the gangs and stop the boats'.

Yes it has been sorted as you said it would.

Trump has capitulated…..yet again

Rubio walks back State Department’s claim of free Panama Canal transit for US government vessels​

 

[Notch7]

my figures were a generalisation of how more profit can be made from selling more of a product at a cheaper price

Your figures show a basic lack of understanding of 2 things: marginal coating and supply and demand.

You can’t multiply 2 million x 70 barrels and think the result is profit.

 

[Notch7]

In other news... DoGE triumphs this time around.

DEI related contracts cancelled from various Federal Government departments with illustrated savings.

View attachment 372076

As I thought, it’s some nonsense on twitter

https://twitter.com/x/status/1887128979158515772

 

[Notch7]

In other news... DoGE triumphs this time around.

DEI related contracts cancelled from various Federal Government departments with illustrated savings.

View attachment 372076

About 90% of the “savings” are debt interest, which is an obligation not waste.

But hey MAGAs just believe any old sh1t because their cult leader spoke

 

[gas112]

Your figures show a basic lack of understanding of 2 things: marginal coating and supply and demand.

You can’t multiply 2 million x 70 barrels and think the result is profit.

anyone with half a brain would get the point which is why you are clearly struggling
to produce an additional million doesnt cost the same as the first as the majority of costs are already built into the first million

 

[carmanmemoranda]

anyone with half a brain would get the point which is why you are clearly struggling
to produce an additional million doesnt cost the same as the first as the majority of costs are already built into the first million

To put that into business context.

Over production and supply can lower the price and therefore profit.

There is a point where producing more lowers the yield. Better to sell less at a higher profit over a longer timescale .

The oil companies are all about profit, not low prices

 

[gas112]

To put that into business context.

Over production and supply can lower the price and therefore profit.

There is a point where producing more lowers the yield. Better to sell less at a higher profit over a longer timescale .

and there is a point when selling a lot more at a lower profit gives you a far better return
the demand for oil although projected to drop is still rising

 

[Deleted member 265726]

As I thought, it’s some nonsense on twitter

https://twitter.com/x/status/1887128979158515772

The information has been published on the DOGE X channel which is where I got it from.

 

[Notch7]

anyone with half a brain would get the point which is why you are clearly struggling
to produce an additional million doesnt cost the same as the first as the majority of costs are already built into the first million

you cant make that assumption, you dont know what the marginal costs are -it depends what the capital costs are for the extra production



if you have one oil well producing 1 million barrels of oil, building a second oil well so you produce 2 million barrels of oil means you have all the same costs on the 2nd million

in short you are just plain wrong

poor gas112 twisting himself inside out to support the lying orange dumbo

 

[Notch7]

The information has been published on the DOGE X channel which is where I got it from.

What research did you do to check whether it has any relation to the facts?




its no surprise, you follow the DOGE twitter account.............you are a fully paid up MAGA.

You are another Reform / Trump supporter who doesnt admit it

 

[Deleted member 265726]

What research did you do to check whether it has any relation to the facts?




its no surprise, you follow the DOGE twitter account.............you are a fully paid up MAGA.

You are another Reform / Trump supporter who doesnt admit it

Why must I research it, I don't work for the US Government. Elon Musk has historically voted democrat but who chose to back the Republicans this time around. He is involved in the Department of Government Efficiency but he isn't the sole person involved in it. Stop being so bitter about what or who I look at.

 

[gas112]

you cant make that assumption, you dont know what the marginal costs are -it depends what the capital costs are for the extra production



if you have one oil well producing 1 million barrels of oil, building a second oil well so you produce 2 million barrels of oil means you have all the same costs on the 2nd million

in short you are just plain wrong

poor gas112 twisting himself inside out to support the lying orange dumbo

do you practise being so stupid or does it just come naturally ?
And as for your scenario about a second well you dont have all the same costs because you already have all the drilling equipment etc etc that would have been used in the first well .
But i guess you cant understand that you could also up the production out of the existing well

 

[MNW67]

do you practise being so stupid or does it just come naturally ?
And as for your scenario about a second well you dont have all the same costs because you already have all the drilling equipment etc etc that would have been used in the first well .
But i guess you cant understand that you could also up the production out of the existing well

The cost structure is totally different for traditional wells and shale wells.

 

[carmanmemoranda]

and there is a point when selling a lot more at a lower profit gives you a far better return
the demand for oil although projected to drop is still rising

It's all subject to details that you just don't know

Can they produce more without more investment etc. opening another well doesn't lower costs it increases them

 

[carmanmemoranda]

Why must I research it, I don't work for the US Government. Elon Musk has historically voted democrat but who chose to back the Republicans this time around. He is involved in the Department of Government Efficiency but he isn't the sole person involved in it. Stop being so bitter about what or who I look at.

And ask yourself what is he getting from changing sides

Then look at the detail