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Oil prices below break-even point for US producers - link
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Date: April 8th, 2025 4:46 PM Author: Startling fear-inspiring casino queen of the night https://x.com/Blake_Allen13/status/1909701340990779666 (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48828399) |
Date: April 8th, 2025 4:50 PM Author: pearly adventurous indian lodge Yeah breakeven is roughly $60. No one ever explained how "drill baby drill" was going to happen without forcing frackers to drill at gunpoint
Sleepy Joe was a genius: US energy production hit an all time high in large by forcing stupid Europe to buy us LNG at a huge markup to Russian gas
I miss sleepy Joe |
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Date: April 8th, 2025 4:56 PM Author: Ruddy lodge candlestick maker Maybe they'll just be overcome by the excitement of the refrain, and hope to $trike it rich. (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48828441) |
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Date: April 8th, 2025 4:58 PM Author: dashing free-loading nowag Well, good thing the steel they need to make drills and build oil platforms and pipes is getting more expensive due to tariffs...that should surely help all the roughnecks in South Dakota and the Gulf of America keep their jobs
https://www.google.com/amp/s/www.cnbc.com/amp/2025/03/27/oil-execs-slam-trumps-tariffs-and-drill-baby-drill-in-survey.html |
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Date: April 8th, 2025 4:55 PM Author: Ruddy lodge candlestick maker Drill baby, drill! (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48828437) |
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Date: April 8th, 2025 5:07 PM Author: Ruddy lodge candlestick maker "I declared a national em- — energy emergency — and it’s so important — national energy emergency to unlock the liquid gold under our feet and pave the way for rapid approvals of new energy infrastructure. The United States has the largest amount of oil and gas of any country on Earth, and we’re going to use it.
Not only will this reduce the cost of virtually all goods and services, it will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto." https://www.whitehouse.gov/remarks/2025/01/remarks-by-president-trump-at-the-world-economic-forum/ "and crypto" LMAO
You guys are fucking stupid fucks, huh? |
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Date: April 11th, 2025 12:24 PM Author: Louis Poasteur This national emergency stuff will be the end of American democracy (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837926) |
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Date: April 11th, 2025 12:27 PM Author: He flexed his right muscle. It started with 9/11 and it’s been downhill since then (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837936) |
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Date: April 11th, 2025 12:29 PM Author: Trade Wars Are Good And Easy To Win Tbf, fracking is an essential part of AI development, since it’s one of the few “clean” sources for powering the data centers. Also, crypto miners have started co-locating crypto mines next to oil and gas wells to run on waste gas.
Do I think Trump knows this? No. But he’s not totally wrong. |
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Date: April 11th, 2025 12:14 PM Author: dark research boner (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837898) |
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Date: April 11th, 2025 12:25 PM Author: dark research boner (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837931) |
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Date: April 11th, 2025 12:27 PM Author: Trade Wars Are Good And Easy To Win Important to note that that’s an average. And the last price collapse just made fracking cheaper, that price is $7 cheaper than the break even price from a decade ago in just nominal terms.
Plenty of producers doing just fine.
But yeah, we’re for sure in a recession. |
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Date: April 11th, 2025 12:28 PM Author: dark research boner Drilling and fracking equipment is about to get a lot more expensive though (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837941) |
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Date: April 11th, 2025 12:30 PM Author: Trade Wars Are Good And Easy To Win You wont need new rigs when it’s coupled with declines. Day rates are probably going to be down 50 percent by summer. (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837948) |
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Date: April 11th, 2025 12:29 PM Author: '"'"'"''" You WILL buy a feminine TESLA and you WILL enjoy it. (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837943) |
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Date: April 11th, 2025 12:37 PM Author: Traditional Latin ass I'm sure all the hideous kikes ITT are oil industry experts (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837964) |
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Date: April 11th, 2025 12:46 PM Author: dark research boner Fortunately the Dallas Fed surveys US oil producers so we don't have to be
https://www.worldoil.com/news/2025/3/26/shale-executives-slam-trump-s-tariffs-in-latest-dallas-fed-survey/ |
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Date: April 11th, 2025 12:49 PM Author: Trump Tariffs Can Do No Wrong (TDNW) for sure libs are rooting against America, but it’s undoubtedly true that Trump’s dual goals of drill baby drill and sub $50 oil are contradictory. perhaps he has some tax breaks planned that can maintain incentives to drill, but I haven’t heard anything (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48837992) |
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Date: April 11th, 2025 12:55 PM Author: Traditional Latin ass They will keep finding efficiencies & marginal gains here and there and the sclerotic ones will be drummed out IMO also they will find new sources of oil near glacier park (http://www.autoadmit.com/thread.php?thread_id=5707577&forum_id=2Elisa#48838013) |
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Date: April 11th, 2025 2:15 PM Author: Trump Tariffs Can Do No Wrong (TDNW) what do you reckon production is gonna run out at glacier park?
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