Look, 20% of global oil is peanuts to europe and us. Us is self sufficient. Saudi etc can pipe to red sea, venezuela, norway, uk, us can increase output which they like due to high price.
Problem is china, india, australia, far east who get disproportionate amount of oil through hormuz. They can pressurise the moran.
My wifey is a MD at the VA and tells my most ground combat vets are Dems, most REMFs are repubs. But this time the REMF Mac IT guys got bombed by Iran.
What about the purse-carriers with bone-spurs who are addicted to a thousand drugs? Where do they stand?
Look, 20% of global oil is peanuts to europe and us. Us is self sufficient. Saudi etc can pipe to red sea, venezuela, norway, uk, us can increase output which they like due to high price.
Do you honestly believe that if the Chinese are willing to pay $120/barrel, the US oil producers are going to say "No-- this is American oil!!! I'm going to sell it to Americans for only $100/barrel-- because USA!!! USA!!! USA!!!"??
And now the US has hit Iran's ports of Bandar Abbas and Qeshm and Iran launched attacks against US destroyers in the Gulf. Unclear who shot first. But this definitely is not any sort of fighting that would be subject to the War Powers Act. Operation Epic Fury Keeping Trans Iranian Kids from Playing Girl's Soccer is over and Iran is on the verge of accepting all of Trump's 15 point peace proposal. There is just some push back on points nos. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, and 15. And Iran wants reparations and will not negotiate until the blockade is lifted. But other than that, there is practically a signed peace deal in place at least until Trump's cronies have bought up a bunch of oil futures that they will flip when the price spikes again after renewed fighting.
US Bombs Iran’s Qeshm Port and Bandar Abbas. Israel Kills Son of Hamas Negotiator, US Bombs Somalia, Th 5/7 headlines (if the MSM did actual news).
The market? Up pre opening today. Oil prices down. The market manipulation continues.
What about the Iranian people? Now women are forced to wear hijab and internet is down. The protesters are getting killed because of US
Sure. Always the fault of the USA. I'm Canadian. The USA has saved dozens of countries the last 50 years.
Yet people live there and complain to no end. Where did those Biden tax dollars sent to Ukraine really go to? BILLIONS! The corruption part goes unchecked but you all complain about your own country doing what other countries rely on them to do.
We actually had a true scammer, and Justin is gone now---thank God. Appreciate what you have as Harris probably would have done the same
Oh please. As lacking as she might have been as a candidate, as president she would have been f***ing Winston Churchill compared to this narcissistic clown. Good lord.
Look, 20% of global oil is peanuts to europe and us. Us is self sufficient. Saudi etc can pipe to red sea, venezuela, norway, uk, us can increase output which they like due to high price.
Problem is china, india, australia, far east who get disproportionate amount of oil through hormuz. They can pressurise the moran.
US crude production has actually been down since the beginning of the war. At the end of February, production was about 13.7 mil bpd. Now it is hovering around 13.6. Ramping up production in the US requires significant capital investment. Offshore wells are extremely expensive and can take a long time. Deepwater oil wells can take 3-10 years from the exploration to producing oil. Onshore wells can take a few months to go from exploration to production. Shale plays like the Permian Basin, Marcellus and Eagle Ford are operating at very close to full capacity. There is very little slack in the oil services business. If you showed up in Midland with a big bag of money and some mineral rights in hand, you would have to do some work to schedule all the equipment, crews, engineers, etc. to get a well drilled and in production. Long story short, the US oil production is not going to come anywhere close to meeting the lost production from the Gulf. And US producers are very happy to rake in the windfall profits after the years of losing their shirts to the Saudis flooding the market with oil.
Venezuela is at least 2-3 years from turning around its oil sector. Maduro siphoned off oil revenues to pay off his cronies and let the countries oil infrastructure crumble. Also, Venezuela produces a very heavy sour crude that only a few refineries on gulf of Mexico in the US can refine. That puts a lid on any effect increased production from Venezuela will have on the markets.
Wo.w. I replied to a comment on this thread that referenced Winston Churchill as a postive force. I let it be known he was a racist coward. Deleted for off topic!
Reporter: We’re almost 10 weeks since a missile hit a school in Iran. Who fired that missile? Trump: That’s under study. We’ll give you a report when we have it.
Wo.w. I replied to a comment on this thread that referenced Winston Churchill as a postive force. I let it be known he was a racist coward. Deleted for off topic!
Never forget Churchill wanted to invade the Soviet Union at the conclusion of WW2
Look, 20% of global oil is peanuts to europe and us. Us is self sufficient. Saudi etc can pipe to red sea, venezuela, norway, uk, us can increase output which they like due to high price.
Do you honestly believe that if the Chinese are willing to pay $120/barrel, the US oil producers are going to say "No-- this is American oil!!! I'm going to sell it to Americans for only $100/barrel-- because USA!!! USA!!! USA!!!"??
The US oil producers will indeed do just fine.
You, on the other hand, will not.
The U.S. cannot afford to process oil sands. It is cheaper to sell it to overseas companies who process it and then sell it back to America.
Wo.w. I replied to a comment on this thread that referenced Winston Churchill as a postive force. I let it be known he was a racist coward. Deleted for off topic!
Never forget Churchill wanted to invade the Soviet Union at the conclusion of WW2
Lib "leaders" and the self serving minions who command them behind the scenes (because the Lib leader is usually incompetent themselves) like to slow burn destroy states and the nation when in power. Then, the decay eventually gets to a point where the other political side attains power and the Libs promptly blame them for all the Lib created issues. Like clockwork. Sad, typical.
Trumpers (or Patriots or MAGA if you wish) are the true backbone of this country and they are the descendants of those who were themseleves the backbone of the nation. They are the greatest Americans descended from the greatest Americans.
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