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Well this is interesting. Not surprised though.
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Well this is interesting. Not surprised though.


Jun 28, 2022, 3:57 AM

French president Marcon talking to Biden. Says UAE producing oil at capacity and Saudi Arabia near capacity. Which is interesting because OPEC has not been meeting their own pandemic lowered quotas for a while. Saudi Arabia and UAE etc are actually producing more to offset other opec members who can't meet quotas. And they're not able to take up the slack. In the US we also have not been able to increase production to prepandemic levels. We're only halfway back to full 2019 production and stalled.

Anyway there's more to this than we know.

https://twitter.com/BNNBreaking/status/1541569072022048768?t=XDT2s5vfgWtUp3qW5vxtkQ&s=19

Also, allies are exploring other options we've never considered... Iran and Venezuela. Yeah, that's a change.

https://www.reuters.com/business/energy/france-wants-iran-venezuela-return-oil-markets-2022-06-27/


2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Your boy Biden is a disaster***


Jun 28, 2022, 7:01 AM



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Re: Well this is interesting. Not surprised though.


Jun 28, 2022, 7:06 AM

Trump called it.

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Try get tiggity to say anything good about trump


Jun 28, 2022, 7:09 AM

He'd rather admit he was wrong about covid frist.

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You’re a clown


Jun 28, 2022, 9:33 AM

You think Tiggity likes Biden because he realizes how terrible Trump was.

Anyone who holds such a belief is a false dichotomy clown.

Everyone knows Biden is a disaster. Intelligent people know both he and Trump were that.

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[Catahoula] used to be almost solely a PnR rascal, but now has adopted shidpoasting with a passion. -bengaline

You are the meme master. - RPMcMurphy®

Trump is not a phony. - RememberTheDanny


I have nothing good to say about Trump or Biden


Jun 28, 2022, 10:40 AM [ in reply to Try get tiggity to say anything good about trump ]

I didn't vote for either of them last election. But in 2016 I voted for Trump because he wasn't Hillary. Trump wasn't my 2016 GOP primary vote though.

I also predicted inflation. And it's due to covid.

Took a year longer than expected.

We have a ways until we're Ecuador. But anyway.... Ignore the world and blame the US president for Opec having a shortage of oil workers. Heck US oil companies can't find workers. There's a freaking lawyer shortage. Must be that $2 GRAND JOE GAVE AWAY. wait Trump....

I didn't spend a penny of covid stimulus, but it's been more than eaten up spending no more than normal just by inflation.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Well... on Jan 9th of this year, the Biden Admin


Jun 28, 2022, 8:15 AM

withdrew US support for the EastMed Pipeline that effectively killed the project that was to be completed in 2025. The EastMed pipeline would have supplied all of Europe with 10% of its natural gas needs from Israel. It would have given Europe near future energy relief while also lessening their need to get fuel elsewhere (i.e. Russia). Ultimately this would have helped the US too because it would have made more energy available on the global market. The level of stupid energy policy by the Biden Administration is mind boggling.

15 Years ago I read a book "The End of Oil" by Paul Roberts who surmised that Saudi Arabia had already reached "peak easy oil" and that their production would start to wane in future years. Of course Roberts had no real way of knowing because the amount of oil remaining in Saudi lands is a closely guarded Saudi secret.

There may be several things in play with Saudi Arabia and their oil production:

1. The "easy oil" may have dwindled as Robert's surmised and the Saudi's are at the point where the harder to reach oil is affecting their ability to greatly increase production.

2. They are pacing the amount of oil they produce to maximize profits and also to extend the future of their oil resources/revenues.

3. The Saudi's don't physically have the infrastructure to greatly increase their oil production.

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Re: Well... on Jan 9th of this year, the Biden Admin


Jun 28, 2022, 9:17 AM

2025 would be great, but what about now? Also, Biden sucks but the price for oil is up everywhere. The word is the Saudis would not increase production even if they can.

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Re: Well... on Jan 9th of this year, the Biden Admin


Jun 28, 2022, 10:13 AM

anonymouse said:

2025 would be great, but what about now? Also, Biden sucks but the price for oil is up everywhere. The word is the Saudis would not increase production even if they can.




In 2025 we will be asking the same question regarding the need for more energy - what about now? The answer will be - if we had not stopped the pipeline in 2022 we would have more energy now.

This is exactly the same case with the Keystone XL pipeline. Most people don't realize that Keystone XL's construction started in 2010 and was making good progress until 2014. In 2014 the Obama Administration at the behest of environmentalist groups started gumming up the works (literally stopped construction) and added years of delays to Keystone XL. It took Trump getting into office in 2017 to re-start the construction of which Democrats fought tooth and nail to stop. In 2018 a Federal Judge stepped in and stopped the construction and Keystone XL was once again "delayed" being gummed up in the courts. In 2020 all these court hurdles were once again cleared and Keystone XL construction was again underway. Then in January 2021 the Biden Administration once again shut down Keystone XL - killing it for good this time.

I find it rich when Democrats put forth the mantra "Biden's cancelling of Keystone XL wouldn't make a difference in oil prices today". While true, the Democrats and their supporters have opposed, implemented bureaucratic road blocks and work stoppages and tried to cancel the pipeline since 2012. Those actions HAVE made a difference in 2022 because if the Democrats had not opposed Keystone XL starting 10 years ago that pipeline would be running today.

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Re: Well... on Jan 9th of this year, the Biden Admin


Jun 28, 2022, 10:20 AM

The magic pipeline. LOLOLOLOL.

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Do these Trumpies think the Pipelines are doing the


Jun 28, 2022, 4:14 PM

drilling?

What a bunch of morons.

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Re: Well... on Jan 9th of this year, the Biden Admin


Jun 28, 2022, 9:17 AM [ in reply to Well... on Jan 9th of this year, the Biden Admin ]

The world's reliance on fossil fuels continues to be problematic with supply/demand issues as well as the leverage and wealth it gives to the bad actors in the world. So why does the right continue to fight for our reliance on this form of energy which has proven time and time again to be a PITA?

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Because the Left does not believe in a slow and


Jun 28, 2022, 9:21 AM

cost-mitigated transition strategy. They believe in maximum-pain strategy that accelerates the transition, thus were caught completely off guard (and are conflicted anyhow) when working class citizens are struggling with the rising costs.

Never mind the Left's decades-long war on nuclear energy with absolutely no clue as to how to make up the energy shortfall in transition from traditional energy sources to "green" energy.

Consider the Right's reluctance an act of saving the Left from suicide.

EDIT: See Germany.

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drunk at the putt putt.


Re: Because the Left does not believe in a slow and


Jun 28, 2022, 9:28 AM

There are some crazies on the left who believe that. However, why is the right absolutely opposed to any kind of effort to transition? Why do they celebrate every time there is a setback within the transition? Why do they oppose any kind of funding for research in this area, yet say nothing about the subsidies given to the fossil fuel industry?

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I'm not saying this justifies that mindset, but much of it


Jun 28, 2022, 9:43 AM

has to do with how progressive have taken climate/environment issues to the polar extremes. Ironically, these people care much about alternative energy as the tankies on the Right who reject any discussion as some sort of communist plot (fwiw, I think the radical climate movement is a communist plot).

The adults in the room, however, see alternative energy as inevitability, but it must be rationally implemented -- which means nuclear.

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drunk at the putt putt.


Re: I'm not saying this justifies that mindset, but much of it


Jun 28, 2022, 10:07 AM

...and we invented the solution - thorium nuclear - 50+ years back. But when faced with a choice: do we go thorium or do we go uranium - we went uranium, despite the fact that it produces thousands of times more nuclear waste with many factors the half-life and can melt down and Chernobyl us to boot, as thorium nuclear cannot - because the waste products of uranium fission gave us the stuff we needed to make nuclear weapons with.

And of course, we completely abandoned thorium. Rock on. Great long-term thinking there.

And then of course, faced with seeing their baby die off completely, the scientists at Oak Ridge who invented thorium nuclear, about ten years ago, sent their data off to (drum roll) China, because they wanted to see their work continue.

And so now the Chinese are building these very same thorium reactors. With our technology.

https://www.nature.com/articles/d41586-021-02459-w


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Is this what Gates is funding?


Jun 28, 2022, 10:09 AM

In that bio-doc about him, he said he had to take his nuclear research to China because of pushback he was getting in the U.S.

2024 purple level member flag link military_tech thumb_downthumb_up

drunk at the putt putt.


Re: Is this what Gates is funding?


Jun 28, 2022, 10:12 AM

I don't think so. Gates had in mind sort of this candle thing where basically you use existing nuclear waste - of which we have plenty - and do some sort of process that essentially burns it like a really slow-burning torch and uses the energy that way. The physics were beyond me.

China, of course, is pursuing that too, as they are the molten salt design.

https://www.zdnet.com/article/bill-gates-stops-chasing-nuclear-wave-pursues-variety-of-reactors/


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Re: Because the Left does not believe in a slow and


Jun 28, 2022, 9:33 AM [ in reply to Because the Left does not believe in a slow and ]

Well, that's always been the way of it. The agreement in American politics has always been: the left supplies the ideals and presses for change and frequently gets out way ahead of its skies and writes checks it can't remotely cash...and the right supplies the common sense nuts-and-bolts pragmatism and figures out how to actually pay for these highfalutin' pie-in-the-sky ideas and ideals once it discovers they will not run on rainbows and moonbeams and good intentions.

Well, at least, that used to be the agreement. The right is doing things somewhat differently these days.

https://www.youtube.com/watch?v=XR5PPxkJJW4

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The crazies ruin everything.


Jun 28, 2022, 9:49 AM

The messaging around climate care has been so distorted by extremism on both sides grassroots consensus is basically impossible. We just have to hope there are some adults with the hands on the wheel can figure it out.

It's a mistake to think the Right isn't an ally in climate change. Conservatives, particularly the outdoorsman niche, are natural conservationists (pun!). They care deeply about natural resources and preserving outdoor spaces. But the rhetoric used by the progressive left on the climate is incredibly alienating and it has made climate discussions a third rail.

IMO, the low-hanging fruit of climate change is nuclear. A robust nuclear program with a focus on developing new tech is the best way to wean the energy infrastructure off of non-renewables. But so many on the Left are staunchly anti-nuclear, including the Nuclear Regulatory Commission. Time to clean out the NRC, and install people genuinely interested in a nuclear future.

I'm not so much concerned about EVs. The market is doing solid work there.

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drunk at the putt putt.


Ah... those silly Frenchmen.***


Jun 28, 2022, 12:33 PM



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Two words: Jones Act.


Jun 28, 2022, 9:06 AM

Passed in 1920, the Jones Act restricts the domestic waterborne transportation of goods—including energy products—to vessels that are U.S.-flagged and built as well as mostly U.S.-crewed and owned. Meeting these requirements isn’t cheap. A U.S.-built tanker is estimated to cost nearly four times more than one built overseas ($150 million versus $40 million) while operating costs are also significantly higher.

The inevitable result is expensive shipping rates that can make it cost??prohibitive to transport oil within the United States, thus tipping the scales in favor of imports.


https://www.cato.org/blog/russian-oil-table-jones-act-serves-barrier-using-domestic-supplies


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drunk at the putt putt.


So Buffett lobbying where Carnegie and Vanderbilt left off?***


Jun 28, 2022, 12:44 PM



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Re: Well this is interesting. Not surprised though.


Jun 28, 2022, 9:59 AM

Texas is a lot closer to DC than Abu Dhabi and Riyadh. I'm certainly no expert in world wide oil production and refining, but I do find it hard to believe that if Biden and his Secretary of Energy sat down in good faith with US Oil and Gas executives and strongly considered at least some of the proposals submitted by the American Petroleum Institute that we could ramp up domestic oil production.

Instead of that we are literally considering buying Iranian oil.

2024 orange level member flag link military_tech thumb_downthumb_up

What happened to Iraq? Didn;t we go to war for oil or


Jun 28, 2022, 10:08 AM

something? Why can't we get oil from there?

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They're part of OPEC and we get a lot of oil from them....


Jun 28, 2022, 10:13 AM

Top 10 Countries from Which the U.S. Imports Oil (in barrels per day Dec. 2021):
Canada — 4,783,000
Mexico — 645,000
Saudi Arabia — 550,000
Russia — 405,000
Colombia — 228,000
Iraq — 223,000
Ecuador — 219,000
United Kingdom — 126,000
Nigeria — 110,000
South Korea — 102,000

https://worldpopulationreview.com/country-rankings/us-oil-imports-by-country


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Did Russia reclaim Alaska...?***


Jun 28, 2022, 12:46 PM [ in reply to What happened to Iraq? Didn;t we go to war for oil or ]



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