...left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
I think he died...left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
Hater and Chump run the show now. It is what it is.
Do the trend for "antifa" now.
Darrin sure shut the up about that one.
It's pretty much a TYT type sewer now. I'm convinced that Ana Kasparian posts here under 15 different alts.
TYT?
Man, you guys go out of your way to get triggered.
Fracking on net hasn't turned a profit yet, according to Deloitte....left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
http://priceofoil.org/2020/06/26/wit...lose-billions/
Capitalization for fracking is down this year...while demand booms at home and abroad.
https://www.wsj.com/articles/america...70-11625823000
It's Joe Biden's fault
Keystone!
It lives. Long time no see....left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
I do seem to remember hearing an analysis that said frackers have yet to really break even. Have to dig it up....left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
https://www.desmog.com/2019/10/03/fr...thout-profits/This week, the Wall Street Journal highlighted that the U.S. oil and gas shale industry, already struggling financially, is now facing “core operational issues.” That should be a truly frightening prospect for investors in American fracking operations, but one which DeSmog has long been warning of.
This one line from the Journal sums up the problems: “Unlike several years ago, when shale production fell due to a global price collapse, the slowdown this year is driven partly by core operational issues, including wells producing less than expected after being drilled too close to one another, and sweet spots running out sooner than anticipated.”
As we have reported at DeSmog over the last year and a half, the shale oil and gas industry, which has driven the recent boom in American oil and gas production, has been on a more than decade-long money-losing streak, with estimated losses of approximately a quarter trillion dollars. Those losses have continued in 2019.
Tell me again how feasible it is.
Shale Producers Spilled $2.1 Billion
in Red Ink Last Year
Disappointing 2019 Results Cap a Decade of
Losses for North America’s Shale Industry
https://ieefa.org/wp-content/uploads...March-2020.pdf
A cross-section of 34 North American
shale-focused oil and gas producers
spent $189 billion more on drilling
and other capital expenses over the
past decade than they generated by
selling oil and gas, an IEEFA analysis
finds. These results included a
disappointing $2.1 billion in negative
free cash flows in 2019. (See
Appendix Table 1.)
This dismal financial performance
came despite rapid growth in North
American production of both oil and
gas. The shale revolution has
propelled the U.S. into becoming the
world’s most prolific oil producer. Yet
in financial terms, this production
boom has been an unrelenting
financial bust.
Sounds super-duper feasible. Just like Trump's awesome new website company.
Total red herring. Keystone is what, 8% complete? Somewhere in the single digits last I saw a figure.
I think even he knows that. Mild snark. Not one of his better efforts. 6/10 would not read again.
Naaa...Scott made bank with Freetail and has better things to do than hang out with these clowns....left in this place?
I came back to poke scott about his nonsense over "peak oil" and the "infeasibility of fracking" but, I see he hasn't posted since 2012. Has it been that long?
LOL, what a stupid question.
Keystone doesn't have anything to do with gas prices. It was built to transport Canadian "oil sand" oil. Super super heavy oil that has to be diluted just to flow through a pipeline. Think road tar and shingles. Thats the kind of oil keystone was designed to move. Still, it was dumb to kill the pipeline. The same oil is transported every day in train cars instead of a pipeline which is more environmentally dangerous and incidently making Warren Buffet richer.
GOP
Biden stopped fracking and killed the Keystone pipeline and now you are paying for it at the pump
Dems
The global oil market is complex. Let me explain.................................
The old rule in politics is if you're explaining you're losing
... and what is actually true is less important than what feels true.
yep.
SnakeBoy is full of it.
https://apnews.com/article/joe-biden...89678b40e3ba82Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden’s reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance.
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year, according to an Associated Press analysis of government data. That includes more than 2,100 drilling approvals since Biden took office January 20.
Biggest auction ever (by acreage) of gulf oil leases. Second highest bid total since 2017.
Nov. 17th of this year.
https://www.boem.gov/newsroom/press-...ults-announced
Last edited by Winehole23; 12-10-2021 at 12:09 PM.
Can you tell me why Jan 6th wasn't a coup. asking for a friend.
USA's BigOil and its political s leading CGW into planetary disaster.
a sudden, violent, and illegal seizure of power from a government.
"he was overthrown in an army coup"
Since Trump was the POTUS, who lost power?
Who was overthrown?
Sudden? maybe. Violent? Ok. Seizure of power? Not even close.
Well, it's good to hear he's not dead, as an earlier poster said.
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