and they can build nuclear weapons......ain't gonna happen......
and they can build nuclear weapons......ain't gonna happen......
Truth Detector (04-24-2019)
Truth Detector (04-24-2019)
Truth Detector (04-24-2019)
That's bull. Oil companies have held leases on Federal lands for decades and there are thousands more available. .. always have been. Nobody likes to drill on State or Federal lands because there are MORE regulations.
The reason for increased production was the high ppb.. Domestic producers have the highest lift costs in the world and they can't earn a living if the margins are too small... when that happens they don't buy or lease rigs. They don't spend money on exploration or drilling.
Meanwhile, the Europeans are not going to back Trump on his increased sanctions on Iran. He's a damned fool.
Europe Doubles Down on Iran Support as Trump Targets Oil Exports
By Viktoria Dendrinou and Helene Fouquet
April 23, 2019 10:29 AM EDT
U.S. announced it won’t renew Iran oil waivers from May 2
EU Commission, France say they will stick to nuclear deal
https://www.bloomberg.com/news/artic...ts-oil-exports
He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine
You are an idiot. Holding leases has nothing to do with it you twat. The second portion is you admitting I am correct. It was due to the government. Regulations Obama put in place on Federal lands that decreased Federal production. Which, as I stated, is precisely why the production increases came on state and private land.
Your second paragraph is almost as inaccurate as your first. Yes, the increase in production is in part due to higher prices. No, The US doesn't have the highest costs of production. Both are irrelevant to the FACT that it was state and private land production that increased. It had nothing to do with Obama. Production would have been higher if not for Obama.
Again... oil is fungible. It matters not who Europeans buy from. If they choose to support Iran, that is their call... but it is political in nature. Not necessary at all.
Truth Detector (04-24-2019)
Nothings changed.. They have always held leases and lease options and there have always been stricter regulations on State and Federal land.. Had NOTHING to do with Obama, but NOW you know more about the oil business than Trump does.
Trump is talking about taking 1 million bpd out to the supply line.. and yes oil is fungible.
He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
"It [the draft] is duty rather than slavery. I part with the author on the caviler idea that individual freedom (whatever that may be to the person) leads to nirvana, anyone older that 12 knows that is BS."
-(Midcan5)
"Allow me to masturbate my patriotism furiously and publicly at this opportunity."
-(Ib1yysguy)
"There is no 'equal opportunity' today unless the government makes it so."
-(apple0154 )
"abortion is not killing Its birth control"
-(Desh)
"It [the draft] is duty rather than slavery. I part with the author on the caviler idea that individual freedom (whatever that may be to the person) leads to nirvana, anyone older that 12 knows that is BS."
-(Midcan5)
"Allow me to masturbate my patriotism furiously and publicly at this opportunity."
-(Ib1yysguy)
"There is no 'equal opportunity' today unless the government makes it so."
-(apple0154 )
"abortion is not killing Its birth control"
-(Desh)
Next time you fill up that billywagon, remember Trump 0WNS gas prices
fact
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