Republican States Blow

Why are Republicans so stupid?

  • Contaminated breast milk

    Votes: 1 7.7%

  • Fetal Alcohol Syndrome

    Votes: 6 46.2%

  • Being dropped as a baby

    Votes: 1 7.7%

  • other

    Votes: 5 38.5%
  • Total voters
    13
N

NoDrama

Well-Known Member
heckler73 said:
:lol: North Dakota :lol:
People are happy there for whatever reason.
Lawrence Welk museum! I bet Mussolini's old, childhood home gets more visits per year than Welk's.
Click to expand...
https://www.google.com/maps/place/Lawrence Welk Birthplace/@46.150322,-100.207433,13z/data=!4m2!3m1!1s0x0:0x5bdb53a3af9b24e4

zoom in and you will see the line of people waiting to get in, maybe those are cows, but pretty sure they are people.

For reals though, not a fucking thing there, literally nothing but sky and grass.
 
M

mr lovah

Active Member
oil is a global commodity. however much we produce here has nothing to do with what you pay at the pump. Ever notice how the price at the pump never fluctuates according to the price per barrel? As NoDrama already stated- when the price per barrel drops too low, these oil companies cease operations and lay people off. Each of the 11,000 producing 20,000+ foot horizontal wells in the bakken cost upwards of $6-7 million a pop to complete, not including the cost of land/royalties. If there's too much supply, the oil companies aren't going to increase productivity to lower your cost and foot the loss


When I first came out here, I worked for a surface drilling and casing company called Craig's Roustabout Services (now Craig Energy) where i gained my first experience on the rig. Our 3 major clients were Stat Oil, G3 and Oasis. Only one of those companies is American


This is America, not China or Russia. The oil industry isn't nationalized here and the oil companies hold no allegiance to any country of consumers
 
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M

mr lovah

Active Member
ChesusRice said:
Because they want to run it over the Oglalla Aquifer. And they want to run it to a port for eventual export.

As to Warren Buffet:

Despite his stake in the railroad business, Buffett still expressed support for the controversial Keystone XL Pipeline.
“I think probably the Keystone Pipeline is a good idea from the country,” he posited. As to if and when it would be completed, his answer was less definitive: “I have no idea.
Buffett’s BNSF, along with rival Union Pacific and others, stand to profit either way. Even if plans for the pipeline go ahead, locomotives will be needed to lug out much of the raw material needed for its construction; Buffett says Keystone is “not that big a competitor.”
http://www.forbes.com/sites/zackomalleygreenburg/2014/03/03/warren-buffett-is-still-bullish-on-rail-and-keystone/
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so what i got was...

-Buffet says keystone XL is good for the country (cheaper transport).
-Buffet will profit regardless *but WILL suffer a loss* not like he won't ALWAYS find opportunity ahead of the market by injecting his capital into sprouting business. He owns Red Wing Boots
-Buffet plays it cool & brushes off competitor

was this post aimed to refute anything I said or add to it? Why don't you just stick to topics you're aware of. Oil is not your field
 
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C

ChesusRice

Well-Known Member
mr lovah said:
so what i got was...

-Buffet says keystone XL is good for the country (cheaper transport).
-Buffet will profit regardless *but WILL suffer a loss* not like he won't ALWAYS find opportunity ahead of the market by injecting his capital into sprouting business. He owns Red Wing Boots
-Buffet plays it cool & brushes off competitor

was this post aimed to refute anything I said or add to it? Why don't you just stick to topics you're aware of. Oil is not your field
Click to expand...
You state we don't have the refining capacity, so what is the XLs intended purpose?
 
C

ChesusRice

Well-Known Member
mr lovah said:
oil is a global commodity. however much we produce here has nothing to do with what you pay at the pump. Ever notice how the price at the pump never fluctuates according to the price per barrel? As NoDrama already stated- when the price per barrel drops too low, these oil companies cease operations and lay people off. Each of the 11,000 producing 20,000+ foot horizontal wells in the bakken cost upwards of $6-7 million a pop to complete, not including the cost of land/royalties. If there's too much supply, the oil companies aren't going to increase productivity to lower your cost and foot the loss


When I first came out here, I worked for a surface drilling and casing company called Craig's Roustabout Services (now Craig Energy) where i gained my first experience on the rig. Our 3 major clients were Stat Oil, G3 and Oasis. Only one of those companies is American


This is America, not China or Russia. The oil industry isn't nationalized here and the oil companies hold no allegiance to any country of consumers
Click to expand...
Wrong on many levels
we have laws about exporting US crude
oil company's will keep pumping while it is still profitable. And I'm sure that's around 20 bucks a barrel.
You have yet to refute anything I have said. So I guess I do know about the oil industry
 
M

mr lovah

Active Member
that easy to find out, huh? just pull a number off a website. I used to think as simple as you do about this topic until I got into the field and realized how VAST the implications actually are. Then I stopped sputtering stupid sh*t like "the more we produce, the cheaper it'll be!" and "wall street/inflation/government is why oil is so expensive!" These are all factors, some even conspirators, that contribute to the petro economy. Frost laws didn't exist the first year I was here, but since the town instilled frost laws here, it changed a LOT overnight. Rigs and heavy equipment couldn't be hauled to new locations and were stacked out for weeks as production ceased.

I'm guessing 33.78 doesn't include the cost of logistics, refining, ongoing completions with workovers, ongoing site maintenance, ever-changing laws and OSHA/DOT regulations, etc

The Keystone XL will serve to transport crude from the tar sands, bakken and three forks south to refineries in Louisiana, TX and NM. It's cheaper to upgrade these refineries than build new ones

Again, multi-national and conglomerate oil service companies hold NO sense of national allegiance. They aren't concerned with getting you cheaper gas or keeping their profits within our borders. They're solely concerned with maintaining or expanding their margins

What are you waiting for me to refute? I could teach you a lot more than you currently know about the oil industry
 
Canna Sylvan

Canna Sylvan

Well-Known Member
I'm very disappointed with this thread, I thought it was going to be about Republican drug use. We all know Obama has that covered.
 
C

ChesusRice

Well-Known Member
mr lovah said:
wow, really? making fake quotes of things I never said?

somebody ban this fucking fool for slander. I've seen you do this a few times now
Click to expand...
you said you are all for global sale of US crude
you said there is not enough refining capacity for the oil we have now
you said opposition to the XL pipeline is just warren buffet being against it because he owns part of a train company
you said oil companys will stop pumping oil if the price doesnt support it, even though it costs about 33 bucks a barrel to pump
(you attacked the source of the info which comes from the EIA)

So lets see your positions according to what you said.
You are for the XL pipeline, so we can ship oil overseas and the american consumer sees no gain
you are ok with the XL pipeline running over a dominant supply of freshwater
You put your job in the oil industry above the interests of the USA
 
C

ChesusRice

Well-Known Member
mr lovah said:
that easy to find out, huh? just pull a number off a website. I used to think as simple as you do about this topic until I got into the field and realized how VAST the implications actually are. Then I stopped sputtering stupid sh*t like "the more we produce, the cheaper it'll be!" and "wall street/inflation/government is why oil is so expensive!" These are all factors, some even conspirators, that contribute to the petro economy. Frost laws didn't exist the first year I was here, but since the town instilled frost laws here, it changed a LOT overnight. Rigs and heavy equipment couldn't be hauled to new locations and were stacked out for weeks as production ceased.

I'm guessing 33.78 doesn't include the cost of logistics, refining, ongoing completions with workovers, ongoing site maintenance, ever-changing laws and OSHA/DOT regulations, etc

The Keystone XL will serve to transport crude from the tar sands, bakken and three forks south to refineries in Louisiana, TX and NM. It's cheaper to upgrade these refineries than build new ones

Again, multi-national and conglomerate oil service companies hold NO sense of national allegiance. They aren't concerned with getting you cheaper gas or keeping their profits within our borders. They're solely concerned with maintaining or expanding their margins

What are you waiting for me to refute? I could teach you a lot more than you currently know about the oil industry
Click to expand...
The oil line will go to ports where the oil can be shipped overseas. Denying the US consumer from energy savings, draining a strategic resource for monetary gain.
The energy we produce would be better served going to the American people helping us achieve energy independance from importing and helping us transition to alternative sources of energy.

As to your opposition to frost laws. Maybe the local goverments got sick of you tearing up their roads?
 
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