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Posted on 01/23/2017 12:32:21 PM PST by 2ndDivisionVet
“If we had Drill Baby Drilled when we could have just think where things might be today.”
Being that we live in the reality of markets.
Had we drilled more, the price of WTI would be at $52.76 at this very moment.
excellent post 11
And Malcolm Turnbull has said Australia should be a world leader in the development and deployment of low emissions coal technology and carbon capture and storage.
He is going to accomplish more to help Americans in the first week than Obama did in 8 years.
Another schnitzengruben? That should revive you!
The coal industry got killed world-wide because of environmental concerns. But we have a clean-burning fuel called LNG which is a suitable substitute for the coal that we presently use in power plants.
Additionally, the collection, distribution and foreign export of LNG vs. coal, is much more cost-effective for both supplier and customer. Per delivered BTU, customers will prefer LNG over coal and there is a world waiting on the other side of either ocean(Pac. & Atl.) for our precious energy just as they were for years, for Mideast Oil, and they also know that our energy supply is more reliable and cleaner than that from the M.E.
Win, win, win, make America wealthy again!!!
Low energy costs and plentiful oil and gas supplies gives a big boost to low cost feed stock for the plastics industry.
“Trump’s ambitions are to break US reliance on supplies of oil from the Middle East.”
When you’ve got the deepest economy in the world, backed by the most abundant and enviable mix of natural resources, such things are not too difficult - we only have to defeat those among us who are unalterably corrupt, stupid and/or anti-American.
Yes. They are building a huge cracker plant in Beaver County,PA. I have already noticed the increase in truck traffic going by my house here in Washington County.
So awesome! Trump is already on his way to becoming the greatest president in a generation, by my reckoning
“Over the weekend Mr Trump said boosting shale oil and gas production would increase wages by more than $30 billion over the next seven years.”
Put an extra 500,000 guys to work nationwide, making an average of $30/hour (and that may be conservative, too), and you’re paying wages of $60 million/week. That’s $3 billion/year ($21 billion over 7 years) just for the direct wages - that doesn’t include the wages paid to those making the cars, clothes, appliances, electronics, boats, etc., etc., etc. that these guys and their families will buy.
It also doesn’t include any effect of cheaper energy (and with all of that extra supply, energy will HAVE to be cheaper). The decrease in this key economic input (perhaps THE key economic input) will be like a giant tax cut (on top of the one Trump wants to put in place). This will allow many more jobs to be created.
The actual number is likely a bunch more than $30 billion - but I can appreciate that they want to be conservative.
“They are building a huge cracker plant in Beaver County,PA.”
Oh, and in Beaver County - what a misogynist name, DEFINITELY don’t tell Rosie O’Fatso or that Madonna witch.
Somebody hook a brother up and teach me how to fund my retirement from all of this winning. If there is a class or seminar, I’ll take it.
73, weigh the same as when 18? Just shut up!
Food is cheap.
People like to eat.
People like sugar and they like fat.
Cheap food = people get fat.
Nowhere else in the world is food as cheap as it is in the United States (as a percentage of income).
Are you talking about a catalytic cracker, which would be an addition to an existing refinery?
I am not jumping up and down with joy until I see engineering companies in Houston do some hiring instead of just fishing for resumes.
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