The Shining City Upon a Hill

[bsm2]

Re: The Shining City Upon a Hill

You really need to study your history better. Until JFK was elected, BTW JFK was by today's standards was a Conservative, the Liberal Democrats were totally opposed to the Civil Right Act. As a Senator Linden Johnson would calibrate his pronunciations by region, using "nigra" with some southern legislators and "negra" with others. Discussing civil rights legislation with men like Mississippi Democrat James Eastland, who committed most of his life to defending white supremacy, he'd simply call it "the nigger bill."

And speaking of Johnson, it was legislation requested by LBJ that combined the Social Security Trust Fund with the General Fund allowing the liberal Democrats to use Social Security moneys to pay for expensive welfare legislation.

Since you don't apparently don't want to call you a liberal then how about one of the more accurate labels,Communist and NAZI.

OH By the way I hope you enjoy it next year when Queen Nan Nan moves into the mansion she just purchased in Florida.

DID YOU take the wrong pills again
Reading Required Understanding YOUR problem

[BillyCarpenter]

Re: The Shining City Upon a Hill

In a report today from the US Energy Information Administration, the USA is pumping approx 11M barrels of oil a day, down from its pre-pandemic high of 12M barrels per day.

There are 250 fewer oil rigs in action than there was pre-pandemic and there are approx 150,000 fewer oil workers in the fields.

US oil companies hold 23 million acres of public lands both onshore & offshore to drill for oil.

US oil industries are reporting tremendous profits on an above the average spread between production costs and wholesale prices. The profits are above pre-pandemic levels. The oil companies are using these excess profits to take advantage of shareholder buybacks.

President Biden has set a long term strategy for the USA to go green and produce clean energy from renewable energy sources. This has the dual benefit of creating 1,000s of new jobs while reducing America's dependence on other countries to supply oil.

The Biden Administration is encouraging domestic oil companies to increase their production to pre-pandemic levels in the short term until more green energy alternatives come online.

Benchmark West Texas Intermediate oil futures have dropped from their peak on Nov 09 of $84.15 barrel to today's close of $78.57, a drop of 11%.

In the nations largest ever release of oil from the Strategic Petroleum reserve it is hoped over the next few weeks and into early 2022 that the national average price for a gallon of gasoline will drop to under $3.00 per gallon.

The Biden Administration will be monitoring the oil companies closely to make sure that they do not take advantage of these new oil reserves and inflate their profits even more at the expense of consumers during the holiday season.

The world oil markets are in a very unusual situation where a once in a lifetime global pandemic is causing a large mismatch between supply & demand.

Biden is using the a dirty trick on his sheeple. By blaming the "greedy" oil company, he's trying to keep his base under control. He knows this bullshit play won't work with republicans and independents.

[BillyCarpenter]

Re: The Shining City Upon a Hill

The media won't investigate the motive behind the Waukesha parade attack because they would have to admit the ugly truth that blacks commit a disproportionate number of violent acts and that things like "bail reform" that was pushed by Black Lives Matter has put violent criminals back on the street to commit more acts of violence.


Waukesha parade horror made possible by left-wing district attorneys' attempts at bail reform, critics say

Waukesha parade horror made possible by left-wing district attorneys' attempts at bail reform, critics say

[bsm2]

Re: The Shining City Upon a Hill

We killed off all the Indians. We nuked Japan. There was slavery. BLM riots.

Where does this rank?

Zero like you

[SalesServiceGuy]

Re: The Shining City Upon a Hill

Biden is using the a dirty trick on his sheeple. By blaming the "greedy" oil company, he's trying to keep his base under control. He knows this bullshit play won't work with republicans and independents.

Regardless, this is one thing the the gov't is investigating. Why is the US oil industry pumping 1M less barrels of oil per day compared to pre-COVID?

That extra 1M barrels per day would help to both reduce imports and reduce gasoline prices in the USA.

[BillyCarpenter]

Re: The Shining City Upon a Hill

Regardless, this is one thing the the gov't is investigating. Why is the US oil industry pumping 1M less barrels of oil per day compared to pre-COVID?

That extra 1M barrels per day would help to both reduce imports and reduce gasoline prices in the USA.

Everyone is producing less. That's why the shelves are empty. Is he gonna investigate?

[bsm2]

Re: The Shining City Upon a Hill

Everyone is producing less. That's why the shelves are empty. Is he gonna investigate?

What a Boob

The Sky is Falling Billy whining everyday

I thought YOUR living large in Mississippi guess that's a lie.

[Phil B.]

Re: The Shining City Upon a Hill

What a Boob

The Sky is Falling Billy whining everyday

I thought YOUR living large in Mississippi guess that's a lie.

You're a boob.
That can't spell.

Sent from my SM-G960U using Tapatalk

[bsm2]

[FrohnB]

Re: The Shining City Upon a Hill

In a report today from the US Energy Information Administration, the USA is pumping approx 11M barrels of oil a day, down from its pre-pandemic high of 12M barrels per day.

There are 250 fewer oil rigs in action than there was pre-pandemic and there are approx 150,000 fewer oil workers in the fields.

US oil industries are reporting tremendous profits on an above the average spread between production costs and wholesale prices. The profits are above pre-pandemic levels. The oil companies are using these excess profits to take advantage of shareholder buybacks.
.

Regardless, this is one thing the the gov't is investigating. Why is the US oil industry pumping 1M less barrels of oil per day compared to pre-COVID?
.

LOL! Are you really that blind? 250 less rigs and 150k less workers might explain the 1 million less barrels a day! Fuckin' DUH!

Of course oil companies are making better profits off of each barrel of oil! They're not having to shell out a shit-ton of money to pay for those 250 fewer rigs and 150k less workers!

Let's just take your top post where it says "250 less rigs in action and 150,000 less workers!"
--Each oil rig "in action" on average costs anywhere from $40k - $80k EACH DAY (smaller on-shore rigs) to $1.5 Million - $2 Million EACH DAY (larger offshore rigs) to operate!
-So, if we figure that annually, we come up with $14.6 Million - $29.2 Million per year for ONE small on land rig, and $547.5 MILLION - $730 MILLION a year for ONE Large offshore rig!
- Now if we take those numbers and multiply them by 250 ("fewer oil rigs"), we get operating costs (or lack there of) that amount to $3.65 BILLION - $7.3 BILLION per year (smaller rigs), and $137 BILLION - $182 BILLION per year (large rigs).

-- Now, let's look at those "150,000 fewer workers"!
- Let's go with the median wage of $50 /hr. for an oil worker. That would amount to $7.5 MILLION DOLLARS AN HOUR for those 150k workers. If they only worked 8 hours a day (which they don't) that would be $60 MILLION A DAY, or $300 MILLION a week, or $15.6 BILLION dollars per year.


So, these oil companies have shaved off anywhere from $19.25 BILLION (on the lowest end) - $197.6 BILLION A YEAR in production/ maintenance/ salary costs, thus leading to HIGHER PROFITS!!

LOL. C'mon Man!
It's basic grade-school economics.
Doesn't take a fuckin' rocket scientist OR a biased government "investigation" to figure that out!

[BillyCarpenter]

Re: The Shining City Upon a Hill

I'm just watching the democrats drive this crazy train over a cliff.

[bsm2]

Re: The Shining City Upon a Hill

I'm just watching the democrats drive this crazy train over a cliff.

Yes we ALL are enjoying your complete Meltdown everyday

Yep Joe likes trains

[BillyCarpenter]

Re: The Shining City Upon a Hill

The media won't investigate the motive behind the Waukesha parade attack because they would have to admit the ugly truth that blacks commit a disproportionate number of violent acts and that things like "bail reform" that was pushed by Black Lives Matter has put violent criminals back on the street to commit more acts of violence.


Waukesha parade horror made possible by left-wing district attorneys' attempts at bail reform, critics say

Other than the death toll, what's the difference between Charlottesville and Waukesha? Why aren't the media clamoring for President Biden to rebuke Darrell Brooks as a racist terrorist? Why are we not discussing whether Biden's anti-Rittenhouse rhetoric radicalized Brooks?

[slimslob]

Re: The Shining City Upon a Hill

Regardless, this is one thing the the gov't is investigating. Why is the US oil industry pumping 1M less barrels of oil per day compared to pre-COVID?

That extra 1M barrels per day would help to both reduce imports and reduce gasoline prices in the USA.

Answer: a number of states, like here in California, plus the Federal government have been limiting or completely blocking fracking.

[SalesServiceGuy]

Re: The Shining City Upon a Hill

LOL! Are you really that blind? 250 less rigs and 150k less workers might explain the 1 million less barrels a day! Fuckin' DUH!

Of course oil companies are making better profits off of each barrel of oil! They're not having to shell out a shit-ton of money to pay for those 250 fewer rigs and 150k less workers!

Let's just take your top post where it says "250 less rigs in action and 150,000 less workers!"
--Each oil rig "in action" on average costs anywhere from $40k - $80k EACH DAY (smaller on-shore rigs) to $1.5 Million - $2 Million EACH DAY (larger offshore rigs) to operate!
-So, if we figure that annually, we come up with $14.6 Million - $29.2 Million per year for ONE small on land rig, and $547.5 MILLION - $730 MILLION a year for ONE Large offshore rig!
- Now if we take those numbers and multiply them by 250 ("fewer oil rigs"), we get operating costs (or lack there of) that amount to $3.65 BILLION - $7.3 BILLION per year (smaller rigs), and $137 BILLION - $182 BILLION per year (large rigs).

-- Now, let's look at those "150,000 fewer workers"!
- Let's go with the median wage of $50 /hr. for an oil worker. That would amount to $7.5 MILLION DOLLARS AN HOUR for those 150k workers. If they only worked 8 hours a day (which they don't) that would be $60 MILLION A DAY, or $300 MILLION a week, or $15.6 BILLION dollars per year.


So, these oil companies have shaved off anywhere from $19.25 BILLION (on the lowest end) - $197.6 BILLION A YEAR in production/ maintenance/ salary costs, thus leading to HIGHER PROFITS!!

LOL. C'mon Man!
It's basic grade-school economics.
Doesn't take a fuckin' rocket scientist OR a biased government "investigation" to figure that out!

"Of course oil companies are making better profits off of each barrel of oil! They're not having to shell out a shit-ton of money to pay for those 250 fewer rigs and 150k less workers!"

... so why has the oil industry chosen not to put these workers and capacity back into production amidst record profits? To make even more profit at the expense of everyday US energy consumers?

Energy independence is a key part of any nation's agenda. The USA needs the capacity now.

The transition to a more dominant renewable energy economy will take many years thankfully accelerated by President Biden's new infrastructure law.