Yet ANOTHER Trump triumph

[Vinty]

America needs a high oil price to keep to a lot of producers viable.
If oil prices fall below a certain level, then producers stop pumping oil because it becomes unprofitable.
Thats why Trumps talk about forcing down the price of oil to damage Russia is fantasy.

 

[Notch7]

I see Trumps big deportation is actually doing no more than was happening under Obama.

It's all just bogus headlines

 

[gas112]

No it won't

It would take years to yield more oil

And even if it if comes on stream during Trumps term, they are private businesses that would use global oil prices.....the additional supply wouldn't be enough to drop the market price.

now how will it take years explain
Shale wells can be drilled in 2 to 4 weeks and online within months

 

[gas112]

I see Trumps big deportation is actually doing no more than was happening under Obama.

It's all just bogus headlines

Lets hope he doesnt stick kids in cages like Obama did

 

[blup]

now how will it take years explain
Shale wells can be drilled in 2 to 4 weeks and online within months

Investing in increased oil production to drive prices down is economic madness . Trumpf knows that, but its payback time for his donors so he needs to appear willing. His threats may work for a while, lIke Clint Eastwood in Dirty Harry he is asking tne world to guess where tne bullet is in the chamber, but controlling oil prices is not within his control long term.

 

[gas112]

Investing in increased oil production to drive prices down is economic madness . Trumpf knows that, but its payback time for his donors so he needs to appear willing. His threats may work for a while, lIke Clint Eastwood in Dirty Harry he is asking tne world to guess where tne bullet is in the chamber, but controlling oil prices is not within his control long term.

Investing in oil so you do not have to rely on foreign supplies as much makes economic and political sense

 

[Notch7]

now how will it take years explain
Shale wells can be drilled in 2 to 4 weeks and online within months

Shale oil isn’t viable unless oil stocks are low and market prices are high.

Poor gas112 clueless as ever.
Poor gas embarrassing himself again

Article 5th Feb 2025

Trump wants US oil producers to ‘drill, baby, drill.' They’re not interested: Report​

American oil producers want higher profits, not more crude just now

Trump wants US oil producers to ‘drill, baby, drill. They’re not interested: Report

American oil producers want higher profits, not more crude just now

www.independent.co.uk

 

[MNW67]

Investing in oil so you do not have to rely on foreign supplies as much makes economic and political sense

It depends what you mean by investing in oil. At the moment every extra barrel USA produces would have to be exported because they can't refine it.

 

[Odds]

Iran has called for OPEC nations to unite against any American sanctions and resist the Imperialist American Empire - at least Trump was right about one thing...he does have a way of bringing people together.

 

[Notch7]

Investing in oil so you do not have to rely on foreign supplies as much makes economic and political sense

But you believe in free market economies….and private businesses don’t give a rats ass about security of the nation, they care about companies profits.

Oil companies won invest in USA oil extraction unless its profitable…..which mean production must be cheaper than foreign oil fields……which it isn’t. The oil fields of Saudi are plentiful and cheaper



Poor gas, his admiration for Trump makes him look silly

 

[Notch7]

Iran has called for OPEC nations to unite against any American sanctions and resist the Imperialist American Empire - at least Trump was right about one thing...he does have a way of bringing people together.

Trump wet himself when Mexico threatened retaliation, imagine what he would against a threat from a real power like OPEC…..he would have to get some incontinence pants

 

[gas112]

But you believe in free market economies….and private businesses don’t give a rats ass about security of the nation, they care about companies profits.

Oil companies won invest in USA oil extraction unless its profitable…..which mean production must be cheaper than foreign oil fields……which it isn’t. The oil fields of Saudi are plentiful and cheaper



Poor gas, his admiration for Trump makes him look silly

oh deary deary me you really dont have a clue in the costs and exploration times etc involved , what makes you think internal oil production is not profitable

 

[blup]

Investing in oil so you do not have to rely on foreign supplies as much makes economic and political sense

Texan oil millionaires are not interested in political or economic sense, they are businesses interested on profit. Oil drilling investment is low in the States despite recent high prices because they opted to return value to shareholders and reduce debt. Drill baby drill already looks dated.

 

[gas112]

Shale oil isn’t viable unless oil stocks are low and market prices are high.

Poor gas112 clueless as ever.
Poor gas embarrassing himself again

Article 5th Feb 2025

Trump wants US oil producers to ‘drill, baby, drill.' They’re not interested: Report​

American oil producers want higher profits, not more crude just now​

​

​

​

Trump wants US oil producers to ‘drill, baby, drill. They’re not interested: Report

American oil producers want higher profits, not more crude just now

www.independent.co.uk

The U.S. Energy Information Administration (EIA) estimates that in 2023, about 3.04 billion barrels (or about 8.32 million barrels per day) of crude oil were produced directly from tight-oil resources in the United States. This was equal to about 64% of total U.S. crude oil production in 2023

Shale oil isn’t viable unless oil stocks are low and market prices are high.

Poor gas112 clueless as ever.
Poor gas embarrassing himself again

Article 5th Feb 2025

Trump wants US oil producers to ‘drill, baby, drill.' They’re not interested: Report​

American oil producers want higher profits, not more crude just now​

​

​

​

Trump wants US oil producers to ‘drill, baby, drill. They’re not interested: Report

American oil producers want higher profits, not more crude just now

www.independent.co.uk

POOR OLD Notch doesnt understand basics ..
The U.S. Energy Information Administration (EIA) estimates that in 2023, about 3.04 billion barrels (or about 8.32 million barrels per day) of crude oil were produced directly from tight-oil resources in the United States. This was equal to about 64% of total U.S. crude oil production in 2023

 

[Stivino]

US are not and never will be members of the ICC, same applies to any major power with some form of military reach.

https://www.nytimes.com/2024/11/21/world/middleeast/us-icc-member-countries.html#:~:text=More%20than%20120%20countries%20are%20members%20of%20the,Israel%2C%20like%20the%20United%20States%2C%20are%20not%20members.

I guess that means it's ok for them to aid and abet Israel. and to be complicit in any crimes committed.