O & G Commentary

[PawDawg]

http://www.bloomberg.com/news/articl...-in-global-oil

As bad as things appear to be in the O&G business, this is encouraging. Why is this not bigger news?

[TYLERTECHSAS]

We don't PR our business well at all. But we will survive and thrive in spite of "you know who". Well that is unless Hillary or Sanders wins.
Then America's O&G business is screwed as both hate it and want to socialize it like Chavez and Gaddefi did in Venezuela and Libya.
However, if Trump, Rubio or Cruz win then the world and America will be a much better place as America will become totally energy independent and the leading producer and soon leading exporter of O&G.
No more OPEC to bow to.

[saltydawg]

http://www.bloomberg.com/news/articl...-in-global-oil

As bad as things appear to be in the O&G business, this is encouraging. Why is this not bigger news?

Because American exports are a drop in the bucket compared to the amount of oil exported by Russia and Middle Eastern countries. Fracking for USA oil industry was built on the premise that oil demand @ $100 a barrel was infinite. I expect that eventually the small amount of oil exported by the US will be replaced by imports from somewhere else because the cost of oil production in other countries is so much lower that USA costs and because consumers will move to more technologically advanced vehicles.

[PawDawg]

A save the world post brought him out of the ashes. I bet he is excited about Bernie too.

[TYLERTECHSAS]

Because American exports are a drop in the bucket compared to the amount of oil exported by Russia and Middle Eastern countries. Fracking for USA oil industry was built on the premise that oil demand @ $100 a barrel was infinite. I expect that eventually the small amount of oil exported by the US will be replaced by imports from somewhere else because the cost of oil production in other countries is so much lower that USA costs and because consumers will move to more technologically advanced vehicles.

WE started to out oil produce Saudi is why they are trying to drive American O&G companies out of business. It truly shocked OPEC per what our industry was doing with horizontal drilling and fracing techniques in our source bed shales in the US. Add this to the fact that the United States is the Saudi of Natural Gas (burner tip gas) and they went crazy politicizing our industry with their films paid for by the Saudi Prince and government. We are the world petroleum leader and still will be after the mid-east and Russia drive their economies/people into the ground by flooding the market with oil to ruin American O&G companies. If the world last much longer, America will be the #1 producer and exporter. Yes we have that much in oil and gas reserves. And the democrats/socialist and muslims hate it!!

[TYLERTECHSAS]

A save the world post brought him out of the ashes. I bet he is excited about Bernie too.

He's been here all along.

[PawDawg]

He's been here all along.

Really? He had not posted in over 6 years. Maybe he is really LookingforResults?

[TYLERTECHSAS]

Really? He had not posted in over 6 years. Maybe he is really LookingforResults?

I think he is also Woof.

[saltydawg]

I think he is also Woof.

You think too much.

[saltydawg]

Really? He had not posted in over 6 years. Maybe he is really LookingforResults?

Wasn't LookingforResults against Obamacare?

[PawDawg]

I think he is also Woof.

Woof's IQ is at least 75. Salty is fried...

[saltydawg]

he's been here all along.

rotflmaof@u.

[saltydawg]

WE started to out oil produce Saudi is why they are trying to drive American O&G companies out of business. It truly shocked OPEC per what our industry was doing with horizontal drilling and fracing techniques in our source bed shales in the US. Add this to the fact that the United States is the Saudi of Natural Gas (burner tip gas) and they went crazy politicizing our industry with their films paid for by the Saudi Prince and government. We are the world petroleum leader and still will be after the mid-east and Russia drive their economies/people into the ground by flooding the market with oil to ruin American O&G companies. If the world last much longer, America will be the #1 producer and exporter. Yes we have that much in oil and gas reserves. And the democrats/socialist and muslims hate it!!

Sure thing, Tyler??

[saltydawg]

A save the world post brought him out of the ashes. I bet he is excited about Bernie too.

Hey, you guys invited me back with a Birthday card. You said you missed me.

[TYLERTECHSAS]

Wasn't LookingforResults against Obamacare?

I know our nation was and is now as well.