Thread: American Politics
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02-18-21 08:09 #2199
Posts: 1956Aha. Yeah. Sure.
Originally Posted by ShooBree [View Original Post]
They aren't.
Communism has never existed in real life. Go ahead, prove me wrong if you can.
No one here has hots for communism. Like I've said before, all attempts at building a communist society have ended up in failure, human misery and mass graves.
But you and your ideological allies are grossly misusing all 'isms. ' Fascism, communism, socialism too.
I understand why fearmongers are doing this. Throw "communism" around a bit, and people start running for cover.
Just don't scare yourselves shitless, too, you guys.
Funny, a discussion like this one is not exactly why I come to ISG, but it kind of pulls you in, LOL.
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02-18-21 07:51 #2198
Posts: 2344Originally Posted by Canada [View Original Post]
We have this post to clearly show your lack of intelligence and willingness to believe right-wing lies.
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02-18-21 06:04 #2197
Posts: 746Originally Posted by Canada [View Original Post]
https://www.texastribune.org/2021/02...rbines-frozen/
We do not approve of willful liars on this forum. You should apologize to this forum for knowingly repeating this lie.
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02-18-21 05:17 #2196
Posts: 1068Natural gas
Originally Posted by WyattEarp [View Original Post]
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02-18-21 04:59 #2195
Posts: 690Originally Posted by Canada [View Original Post]
Shutting down Keystone hurts Canada and makes no difference to anyone in the states as the Canadians wear the costs as they must sell at market rates. At the end of the day the refineries could just invest to treat lighter crudes but they obviously don't see the upside in the fuel markets to justify the expenditures. It is more likely with the increase in electric vehicles that those refineries will be shutting down, not worrying about the supply from Canada. (Note how carmakers who are announcing a migration to electric are showing strong share price growth).
Drilling has not been shut down on Federal lands. There was a pause of 60 days on issuing new leases. Even when Trump allowed bidding in Alaska there was virtually no interest. $60 a barrel is about what the price of oil was pre Covid. The US oil industry is not viable at $40 so hardly worth a comment.
Joining the Paris accord is a good thing. The US is meeting its commitments so hardly a burden. In fact because renewable energy is becoming so cheap the US is accelerating its ability to meet future targets.
Rejoining WHO so new pandemic threats can be identified and managed externally rather than taking hold of the country. Imagine if the president doesn't disband the departments set up to manage pandemics. Imagine not having a president whose personal wealth does not depend on the hotel industry who did everything possible to prevent the shutdown of travel both foreign and domestic and by doing so helped the widespread dispersement of a highly contagious disease.
The borders have not been reopened to illegals. Once again you would ignore the fact that most illegals are in the country from visa overstays. You also ignore the fact that they come because there is a market for their labour. Kill that market by levying crippling fines on employers and the demand would dry up.
The 11 million illegals exist already, making them legal changes little if anything.
The most radical thing about what you wrote is that there are 70 million Americans who would agree with your stupidity.
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02-18-21 04:47 #2194
Posts: 746Originally Posted by WyattEarp [View Original Post]
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02-18-21 04:24 #2193
Posts: 690Originally Posted by ShooBree [View Original Post]
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02-18-21 04:14 #2192
Posts: 690Originally Posted by WyattEarp [View Original Post]
Just because a party might call itself a communist party does not mean it is one!
Even China which is often described as a communist country is in fact a hybrid socialist / free market society. Having visited China many times it is clear they have been very economically successful, they have great infrastructure, but I wouldn't want to be a Chinese living there nor would I want to live in the US where both the infrastructure and society are in decay.
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02-18-21 02:45 #2191
Posts: 3225Originally Posted by JohnClayton [View Original Post]
Originally Posted by JohnClayton [View Original Post]
"It found that the break-even oil prices for wells with lateral lengths of 4,500 to 10,500 feet ranged from $21 to $48 per barrel."
And I have been told it is even lower than that. The real issue with Permian oil was pipeline capacity in that the region produced too much oil.
Originally Posted by JohnClayton [View Original Post]
Peak production was 100.7 million bpd in Q1 2020. The world never went higher than 95.5 million bpd in 2020. And BTW, that number was with Venezuela and Libya producing next to nothing and Iranian oil production cut in half. Getting production back up to 2016 numbers, and you are looking at 6 million more BPD of capacity on line.
There is no question there is an overall glut. EIA is projecting a 4 million BPD increase in consumption in 2021, and I just do not see that happening this year. Maybe in 2022 when the world is vaccinated against Covid but not now.
There used to be two ETFs that you could buy to short the oil market, DTO and SCO but now SCO is the only one left. It might be time to look at it again. The potential on it is huge.
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02-18-21 00:36 #2190
Posts: 2041Originally Posted by JohnClayton [View Original Post]
What is your stance on natural gas? Or nuclear energy?
My take is climate activists are not pragmatic on any level. Natural gas and nuclear energy could be very helpful in reducing CO2 emissions until clean renewables make technological advances.
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02-18-21 00:13 #2189
Posts: 2041Originally Posted by GDreams [View Original Post]
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02-17-21 23:28 #2188
Posts: 2374Originally Posted by ChuchoLoco [View Original Post]
"The best way to control the opposition is to lead it ourselves" --V. I. Lenin.
Lenin's strategic thinking has been noted and put into practice by successive political operatives and leaders, perhaps by those in your own country as well, up to and including the present day.
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02-17-21 20:06 #2187
Posts: 746Originally Posted by Canada [View Original Post]
1) I don't think the future markets agree with you. The price of Brent is $64/ bbl today; however, futures contracts are heavily against you for the next year.
2) Oil is a world commodity. The production cost of Alberta tar sand oil is ~$80/ bbl, US shale oil varies between $40 and $80. Saudi is <$3/ bbl. There's no way that pipeline will ever get used unless we go back to +$80 oil.
3) Petroleum for power is basically doomed. Excluding the costs to health and the environment of burning it and ejecting CO2 and waste heat into the atmosphere, it is a stupid way to make power. In particular, regardless of what Biden does, ICE engines for cars etc are finished.
4) A word of friendly advice, don't buy any oil stocks even in the short term. Oil is only headed one way... down.
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02-17-21 20:02 #2186
Posts: 2374Originally Posted by ChuchoLoco [View Original Post]
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02-17-21 19:30 #2185
Posts: 1068That is one of the few facts in this forum
Originally Posted by ShooBree [View Original Post]
Cancel XL Pipeline. Hurts revenue for all the states it was going on reducing funds for schools roads and infrastructure. Helps his biggest donors. Warren Buffet and Bill Gates who own the majority of railway stocks. At least my one share of Buffet Stock increased $55,000. 00 since Biden was elected.
Shut down drilling on federal lands. Raising oil prices from $38 to $61 per barrel and increasing daily. Watch pump prices increase.
Rejoining WHO and Paris Accord.
Opening our borders to illegal immigrants and agreeing to give 11,000,000 illegals citizenship. Open border to Mexico but wants to close border into Florida from all other states.
If this isn't radical what is?