Shoot The Breeze 3.0

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DankVectorz said:
Yeah, the only problem with that logic is that production capacity is no less than it was in 2019, while demand is still less than 2019, but they’re just not doing it. Things that didn’t exist then and don’t exist now aren’t having any bearing on current prices. The ability of any administration, regardless of party, to have much influence on gas prices directly is pretty small. But gas prices are highly visible and effect almost everyone, so they become an easy way to call foul on whoever is currently sitting in power.
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Just stating the facts, clear and undisputed, that’s all. No spin
 
Motodog said:
Just stating the facts, clear and undisputed, that’s all. No spin
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Keystone has never existed, and the ANWR drilling wasn’t even approved until 5 days before Biden took office. Exactly 0 gallons of oil have ever been pumped from ANWR. Their non-existence today, just like their non-existence before, has absolutely 0 effect on today’s gas prices. Oh, and when the ANWR drilling rights went up for sale, not a single major oil company even bid on it. They weren’t interested. Only 1 small oil company, and a real estate company, bought any of the rights.
 
32andBelow said:
People keep citing keystone. But keystone never moved oil so it literally is irrelevant
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Yes, let’s never drill another oil or gas well, build an oil derrick, construct another pipeline, renew oil tanker fleets, ever. Should work well
 
Motodog said:
Yes, let’s never drill another oil or gas well, build an oil derrick, construct another pipeline, renew oil tanker fleets, ever. Should work well
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You do know that the US is the worlds largest exporter of oil, right? And that one of the reasons oil/gas was so cheap was an effort by Saudi Arabia and the other OPEC nations to flood the market and drive prices down so low t in order make the shale oil fields in the US and Canada economically unviable in order to limit competition? All that cheap gas we enjoyed the last several years was because of artificial price manipulation. And even now, with the average gallon of gas in thr US over $3, we still have the cheapest gas you’ll find in a developed nation.
 
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Motodog said:
Yes, let’s never drill another oil or gas well, build an oil derrick, construct another pipeline, renew oil tanker fleets, ever. Should work well
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Sounds good man. If you can’t see that oil needs are going to be declining you’re kidding yourself
 
It is pretty hilarious that Florida has the lowest rate of Covid infections right now, despite doom and gloom predictions over Desantis’ policies like this:


Meanwhile:

D10DADB5-C350-4232-BBF6-E583B07A8F47.jpeg

It’s almost like Covid has become an uncontrollable endemic and things like vaccine mandates are stupid wastes of time that don’t do anything to control it.
 
Homsar said:
It is pretty hilarious that Florida has the lowest rate of Covid infections right now, despite doom and gloom predictions over Desantis’ policies like this:


Meanwhile:

View attachment 7071

It’s almost like Covid has become an uncontrollable endemic and things like vaccine mandates are stupid wastes of time that don’t do anything to control it.
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Probably all the unvaccinated crossing state lines to spread the rona.
 
DankVectorz said:
You do know that the US is the worlds largest exporter of oil, right? And that one of the reasons oil/gas was so cheap was an effort by Saudi Arabia and the other OPEC nations to flood the market and drive prices down so low t in order make the shale oil fields in the US and Canada economically unviable in order to limit competition? All that cheap gas we enjoyed the last several years was because of artificial price manipulation. And even now, with the average gallon of gas in thr US over $3, we still have the cheapest gas you’ll find in a developed nation.
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www.statista.com

Crude oil export value by country 2023 | Statista

Saudi Arabia’s crude oil exports in 2023 had a value of 310.6 billion U.S.
www.statista.com www.statista.com

www.globalpetrolprices.com

Gasoline prices around the world, 07-Apr-2025 | GlobalPetrolPrices.com

Gas prices by country using official data sources.
www.globalpetrolprices.com www.globalpetrolprices.com
 
Sleep said:
www.statista.com

Crude oil export value by country 2023 | Statista

Saudi Arabia’s crude oil exports in 2023 had a value of 310.6 billion U.S.
www.statista.com www.statista.com
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ok they overtook us in 2020. My data was from 2019.
www.investopedia.com

The World's 10 Biggest Oil Exporters

Discover the size of the global oil export market and its contribution to global GDP. Learn more about the biggest oil exporters in the world today.
www.investopedia.com www.investopedia.com


Sleep said:
www.globalpetrolprices.com

Gasoline prices around the world, 07-Apr-2025 | GlobalPetrolPrices.com

Gas prices by country using official data sources.
www.globalpetrolprices.com www.globalpetrolprices.com
Click to expand...
This is why I specified developed countries.
 
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Just to be clear here: you are coming out against informed opinions? You are, in fact, declaring yourself to be in favor of feels over reals?
 
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