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Discussion Starter · #1 ·
So

1-Oil dropped to to <$40/bbl.

2-Iran and Russia are buddies now against the Great Satan

3-Iran and Russia are failing at <$40/bbl.

4-Iran is the largest Hezbollah funder

5-Fighting renews in Gaza.

Coincidence, right? All the more reason to drill.
 

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OK. What companies (U.S. or otherwise) have concrete plans right now to increase their exploration budget? Or are they scaling back and decreasing their budget? That's the problem with "drill." Unless you aim to take public control of these companies, you can't force them to do it....and even when prices are sky high, they can only afford enough exploration to barely scratch the surface. The easy, economically viable stuff has mostly been found and exploited already.
 

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Discussion Starter · #3 ·
OK. What companies (U.S. or otherwise) have concrete plans right now to increase their exploration budget? Or are they scaling back and decreasing their budget? That's the problem with "drill." Unless you aim to take public control of these companies, you can't force them to do it....and even when prices are sky high, they can only afford enough exploration to barely scratch the surface. The easy, economically viable stuff has mostly been found and exploited already.
I don't seriously think any of them are. That is one of the inherent problems with the whole process. First the politicians then the companies. I was just pointing out why we need to get away from those idiots that we are so heavily dependant upon, even when prices are low.
 

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If they profit they will be taxed.

Inovative huh.

As well as being made pariahs by the liberals and fed to the 52% of Americans that are zombies.
 

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If they(OPEC)increas the price per barrel,we should increase
the price per,I forgot the term,lets just say bucket,of grain.

They can't eat oil.

And the term is not bushel.:D
 

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We should massively increase production in the interest of national security and break the back of the Russians, Chavez, and Arib oil producers while we can.
 

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We should massively increase production in the interest of national security and break the back of the Russians, Chavez, and Arib oil producers while we can.
And what is stopping you? Or do you use "we" like everyone should massively increase but you?
 

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The price of oil is low, drive it lower.

Is that simple enough for you to understand?

Try to seek a perspective in which YOU are not the center of the universe and liberty and freedom is a worthy goal.
 

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The price of oil is low, drive it lower.

Is that simple enough for you to understand?

Try to seek a perspective in which YOU are not the center of the universe and liberty and freedom is a worthy goal.
Oh! so you will be starting your well drilling biz in order to make prices lower. How humanitarian of you.
 
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