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Thread: American Politics

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  1. #7808
    Quote Originally Posted by Canada  [View Original Post]
    You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

    I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

    Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.
    Rickards: I've never heard so many lies.

    All wars are full of lies. Winston Churchill famously said, "In wartime, truth is so precious that she should always be attended by a bodyguard of lies."

    https://dailyreckoning.com/rickards-...-so-many-lies/

  2. #7807

    Breathing your own exhaust isn't going so well is it?

    Quote Originally Posted by PVMonger  [View Original Post]
    Yep. They are "breathing their own exhaust". The following is a month old but the telling portion of the report is: "They can sit with their feet up right now, with money flowing into their pockets, while hardly working," said Rafi Tahmazian, portfolio manager at Canoe Financial in Calgary, which owns shares in oil sands producers. "Why would they want to be a growth business again?" https://www.reuters.com/business/ene...th-2022-03-03/.

    But the wingers are "all in" on the API "drill, baby, drill" propaganda.
    https://www.newsmax.com/larrybell/re...04/id/1064166/

    Buckle up, the red Tsunami is already roaring!!

  3. #7806
    Quote Originally Posted by PedroMorales  [View Original Post]
    https://mepc.org/speeches/saudi-arab...price-collapse

    Cost of oil production varies. Saudis need about $70 a barrel to pay for all their bling etc even though it costs them pennies to extract it. When oil prices are high, they take it from the the tough areas. When they are low, they take it form the easily accessible areas.

    Pipeline politics is for the USA to control the world. Russia and China will hopefully save the world and Germany is prepared to fall on an American sword.

    Although the world would be better off without the USA, there could be a different play afoot here, to wit to bring rationing etc in as a matter of policy, per the World Economic Forum.

    Lidl, one of the world's biggest chains and a German colossus, are putting up prices by 50% tomorrow I believe. The Greens, the Americans' Trojan horse, do not help matters.

    Disney must be fucked with the higher gas prices.

    Tell me, Americans, how are those lines (queues) doing? They were very long at food banks etc during the Covid layoffs. How stand they now? Is Joe Schmuck fucked?.
    https://www.newsmax.com/mikehuckabee...04/id/1064251/

  4. #7805
    Quote Originally Posted by Canada  [View Original Post]
    You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

    I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

    Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.
    It seems that Oil companies haven't heard your assessment as they are stating their current focus is return on investment.

    LOL regarding buying oil stocks when the smart money is buying lithium and rare earths and making 5 -10 times. Lithium prices are up 10 fold in the last year. But you just keep thinking you are smart!

  5. #7804
    Quote Originally Posted by Elvis2008  [View Original Post]
    If he has been buying oil type stocks, he has been doing well lately.

    The part you left out with regards to oil is which is the cheapest way to transport it and that cost is passed onto the consumer. When Dems are in office, they most care about Warren Buffett and his trains shipping the oil even though it is more expensive than a pipeline.

    And I was in West Texas and even there, they had issues with not enough pipeline capacity. There are limits to how many trains and trucks there are. Without pipelines, it may be easier to load up a ship on a sea port in another country than ship oil via train and truck.

    And there is this: Although Alberta has already produced over 90% of its conventional crude oil reserves, it has produced only 5% of its oil sands, and its remaining oil sands reserves represent 98% of Canada's established oil reserves.

    So the potential then is to produce a ton of oil from Canada. Why not make it as easy and cheap as possible to transport it to the USA where it is needed. Why would you not want to do that versus buy oil from Iran or Venezuela?.
    You are correct, it is cheaper to pipe oil than rail it but that is not the case being made by Canada et al. They are arguing that Keystone XL would deliver more oil which it would not under the production capacities. The pipeline would have delivered higher profits to the Canadian producers not lower costs to consumers as the Canadian producers sell at the market price delivered. So basically Keystone XL has minimal impact on the price of gas in the US which is what Canada and Cali keep trying to argue.

    Even if there is a pipeline shortage in Texas, production is 1 m bpd less than peak so there is sufficient capacity to increase production without adding Capacity. Pipelines in Texas are governed by Texas and not a federal issue.

  6. #7803

    The person who has no clue is you

    Quote Originally Posted by Canada  [View Original Post]
    You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

    I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

    Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.
    The person who has no clue is you, Mr. VP of a financial institution that hands out VP titles in lieu of money. Mr. VP who is so smart that he also invested a million in oil in 2016 and lost most of it.

    What a rube.

  7. #7802

    Oil Blues

    Quote Originally Posted by Canada  [View Original Post]
    Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.
    https://mepc.org/speeches/saudi-arab...price-collapse

    Cost of oil production varies. Saudis need about $70 a barrel to pay for all their bling etc even though it costs them pennies to extract it. When oil prices are high, they take it from the the tough areas. When they are low, they take it form the easily accessible areas.

    Pipeline politics is for the USA to control the world. Russia and China will hopefully save the world and Germany is prepared to fall on an American sword.

    Although the world would be better off without the USA, there could be a different play afoot here, to wit to bring rationing etc in as a matter of policy, per the World Economic Forum.

    Lidl, one of the world's biggest chains and a German colossus, are putting up prices by 50% tomorrow I believe. The Greens, the Americans' Trojan horse, do not help matters.

    Disney must be fucked with the higher gas prices.

    Tell me, Americans, how are those lines (queues) doing? They were very long at food banks etc during the Covid layoffs. How stand they now? Is Joe Schmuck fucked?

    Our millionaire friend can afford his tacos and the occasional Puerto Rican ho but how are ordinary folk doing? Here, the civilized world is fucked because it follows the USA and pimple countries like Lithuania that pick fights with China and Russia to impress Biden. Moving to Hungary might be the best option.

  8. #7801
    Quote Originally Posted by GDreams  [View Original Post]
    The oil sands industry has been walking a difficult balance between the high cost of production and its value on the open market. In 2014, the cost to produce oil sands crude was more than $60 per barrel (expressed in WTI terms), but improvements and efficiencies have brought costs down to $46 to $53 per barrel, according to one estimate, and the mid $40's, by another. Nevertheless, the margins are thin in the best of times, and the industry incurred billions in debt in 2020 when a barrel of Canadian crude was worth less than a bottle of inexpensive wine.

    So you are trying to tell us you are the VP of an investment firm and that shareholders are only concerned about production and not profit and return on investment and you call me stupid, LOLOL.
    If he has been buying oil type stocks, he has been doing well lately.

    The part you left out with regards to oil is which is the cheapest way to transport it and that cost is passed onto the consumer. When Dems are in office, they most care about Warren Buffett and his trains shipping the oil even though it is more expensive than a pipeline.

    And I was in West Texas and even there, they had issues with not enough pipeline capacity. There are limits to how many trains and trucks there are. Without pipelines, it may be easier to load up a ship on a sea port in another country than ship oil via train and truck.

    And there is this: Although Alberta has already produced over 90% of its conventional crude oil reserves, it has produced only 5% of its oil sands, and its remaining oil sands reserves represent 98% of Canada's established oil reserves.

    So the potential then is to produce a ton of oil from Canada. Why not make it as easy and cheap as possible to transport it to the USA where it is needed. Why would you not want to do that versus buy oil from Iran or Venezuela?

    The official reason is that pipelines are not safe and could destroy water supplies. The real reason is Republicans specifically the Koch brothers would financially would benefit from more Canadian American pipelines and Democratic king maker Warren Buffet would be hurt. THAT is what is going on.

    Biden would rather allow Venezuela and Iran to make money off of oil than American oil companies because the American oil companies tend to support Republicans, and the end result is all Americans are paying more for gasoline.

  9. #7800

    You have no clue do you?

    Quote Originally Posted by PVMonger  [View Original Post]
    Canada, the country produces about 5 million bpd of oil. Of that 5 million barrels, about 100,000 bpd comes from offshore drilling, and about 1. 5 million bpd comes from drilling conventional wells. The remainder comes from unconventional production such as oil sands, shale, fracking, etc.

    Therefore, "the majority" of Canada's production doesn't come from drilling at all. And you lied. https://www2.deloitte.com/us/en/page...in-canada.html.

    You are a VP? At a "financial institution"? Where they hand out VP titles like candy and where everybody but tellers and janitors are VP's? What a hoot.

    But sure, let's ignore industry experts who say that the lack of drilling comes from financial pressures from investors to show more profit. And by all means, let's focus on the API's propaganda that "drill, baby, drill" is the way forward. After all, if you'd invested a dollar in 2016 in oil company stocks, you'd have lost about 60% of your investment by the start of 2021. If you'd invested the same dollar in the S&P 500, you'd have doubled your money..
    You don't have any clue. Do you? You don't even know the difference between drilling and fracking. You don't even know when you frack or when you frack.

    I invested almost $1,000,000 in major oil stocks soon after Biden got elected. My return has been over 100% plus they pay dividends also and oil stocks are are still a buy at current prices. I would bet that not one dumb ass democrat bought oil stocks when Biden tried killing the oil industry.

    Every intelligent person knows oil companies want to drill as much as possible with $100 oil. They are fighting Biden policies daily to try to increase production. As an investor I want the oil companies to drill as much as possible.

  10. #7799

    Inside the return of the gridiron

    New Hampshire Republican Gov. Chris Sununu stole the show Saturday night at the annual Gridiron Club dinner by saying out loud what most Republicans in Washington *privately* whisper about Donald Trump.

    "You know, he's probably going to be the next president," Sununu said of Trump, musing about his "experience," "passion," "sense of integrity" and the "rationale" he brought to his tweets. As the room quieted to see where he was going with this, he paused, then yelled: "Nah, I'm just kidding! He's fucking crazy!" The ballroom roared with laughter. "Are you kidding? Come on. You guys are buying that? I love it. He just stresses me out so much! . I'm going to deny I ever said it. "

    It didn't stop there: "The press often will ask me if I think Donald Trump is crazy. And I'll say it this way: I don't think he's so crazy that you could put him in a mental institution. But I think if he were in one, he ain't getting out!

  11. #7798

    Really? Seriously?

    Quote Originally Posted by Xpartan  [View Original Post]
    Accept what? What's that mysterious IT that am I supposed to accept, LOL?

    And yes you're right. Calling you clowns doesn't make the truth any less true. For people seeking "the truth" in Sputnik or RT are clowns.

    Sad ones.
    You low IQ rube, so you don't want the full picture, you just want to hear propaganda from the agitators of this conflict?

    Seriously? Maybe you should grow up and try to think like an adult, and take in all information and make an informed decision like an intelligent adult.

    Instead of just being spoon fed with the Davos crowd want you to believe is the the "only truth".

    I hate the NYT but I read it everyday, any guesses why?

    I look for the truth in every direction, why.

    Because I have something called a brain, and I use something called critical thinking skills.

    I am not a partisan.

    I hate the DNC and RNC.

    I love the truth.

    And I can tell you the truth right here.

    Partisans are fools!

    They hate the truth.

  12. #7797

    Thanks jackoff Joe

    Quote Originally Posted by EihTooms  [View Original Post]
    Trump's economic decisions had wiped out millions upon millions of jobs in the USA and around the world, destroying global Supply Chains along the way by January 20, 2021.

    Even the imaginary Santa Claus in the sky with his talking snake that I know you believe in could not have waved a magic Christmas wand and produced a recovery from Trump's colossally disastrous economic stewardship results without triggering significant inflation.

    Economic conditions today are many multiple times better than when Trump was wiping out more jobs than had been created several years before he became so-called potus on his way out.
    https://www.zerohedge.com/commoditie...u8nmlx7xDSm3vA

    Looks like your dollar won't buy as many THB, you may have to find a job bro.

  13. #7796

    Interesting read

    https://news.yahoo.com/fox-viewers-t...063911332.html

    Evidently, a large diet of FUX "NewZ" leads to a belief in idiocy. Unfortunately the study didn't examine other more partisan rightwingnut propaganda outlets. But here is the article:

    "Fox News viewers who were paid to watch CNN for 30 days eventually became more skeptical and less likely to buy into fake news, according to a new study.

    The study titled "The manifold effects of partisan media on viewers' beliefs and attitudes: A field experiment with Fox News viewers" by David E Brockman and Joshua L Kalla was conducted in September 2020 and published last week.

    "Of 763 qualifying participants, we then randomised 40 per cent to treatment group. To change the slant of their media diet, we offered treatment group participants $15 per hour to watch 7 hours of CNN per week, during Sept. 2020, prioritizing the hours at which participants indicated they typically watched Fox News," the study said.

    The study found changes in attitudes and policy preferences about Covid-19, evaluations of then president Donald Trump and Republican candidates as well as elected officials.

    "Despite regular Fox viewers being largely strong partisans, we found manifold effects of changing the slant of their media diets on their factual beliefs, attitudes, perceptions of issues' importance, and overall political views," the authors of the study said.

    They found that participants became more likely to agree that if Donald Trump made a mistake, Fox News would not cover it.

    "CNN provided extensive coverage of Covid-19, which included information about the severity of the Covid-19 crisis and poor aspects of Trump's performance handling Covid-19. Fox News covered COVID-19 much less," said the study.

    It found that Fox News gave viewers information about why the disease is not a serious threat, while CNN provided a lot more information about the disease itself.

    Fox News covered racial issues "extensively but selectively about Biden and other Democrats' supposed positions on them and about outbreaks of violence at protests for racial justice in American cities". The study found that CNN provided little information about either.

    The two networks also covered the issue of voting by mail, but again differed on the information provided about it in addition to offering different frames.

    A survey was conducted after three days on the participants.

    "We found large effects of watching CNN instead of Fox News on participants' factual perceptions of current events (I. E, beliefs) and knowledge about the 2020 presidential candidates' positions," the researchers said. "They discovered changes in attitudes about Donald Trump and Republicans as well as a large effect on their opinions about Covid."

    The researchers concluded that this is an effect in part of "partisan coverage filtering", wherein partisan outlets selectively report information, leading viewers to learn a biased set of facts.

    "Consistent with this, treated participants concluded that Fox concealed negative information about President Trump. Partisan media does not only present its side an electoral advantage — it may present a challenge for democratic accountability," the study said."

  14. #7795

    Very true

    Quote Originally Posted by GDreams  [View Original Post]
    The blind leading the blind. Two of the least knowledgeable people on the planet when it comes to the oil industry congratulating themselves on their nonsense. Provide one scrap of evidence that Canadian producers have any surplus oil they could send to the US. You cannot because they are selling everything they can.
    Yep. They are "breathing their own exhaust". The following is a month old but the telling portion of the report is: "They can sit with their feet up right now, with money flowing into their pockets, while hardly working," said Rafi Tahmazian, portfolio manager at Canoe Financial in Calgary, which owns shares in oil sands producers. "Why would they want to be a growth business again?" https://www.reuters.com/business/ene...th-2022-03-03/.

    But the wingers are "all in" on the API "drill, baby, drill" propaganda.

  15. #7794

    Wrong, as usual

    Quote Originally Posted by CaliGuy  [View Original Post]
    Above post is stupidity in its finest. Canada oil does not all come from the oil sands. The majority is discovered by drilling rigs just like in the USA and the rest of the world. Oil from the oil sands is probably at $30-40 a barrel. Oil is at $100. It may be clear to you and Biden that your lies and his lies are why oil companies are not drilling but the rest of the world doesn't believe it..
    Canada, the country produces about 5 million bpd of oil. Of that 5 million barrels, about 100,000 bpd comes from offshore drilling, and about 1. 5 million bpd comes from drilling conventional wells. The remainder comes from unconventional production such as oil sands, shale, fracking, etc.

    Therefore, "the majority" of Canada's production doesn't come from drilling at all. And you lied. https://www2.deloitte.com/us/en/page...in-canada.html.

    You are a VP? At a "financial institution"? Where they hand out VP titles like candy and where everybody but tellers and janitors are VP's? What a hoot.

    But sure, let's ignore industry experts who say that the lack of drilling comes from financial pressures from investors to show more profit. And by all means, let's focus on the API's propaganda that "drill, baby, drill" is the way forward. After all, if you'd invested a dollar in 2016 in oil company stocks, you'd have lost about 60% of your investment by the start of 2021. If you'd invested the same dollar in the S&P 500, you'd have doubled your money.

    What an idiot you are.

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