Why now? You have winter on the horizon. You have US elections in 1 month. There is the whole world cup which would be awkward for millions of europeans to be freezing cold while their team plays in a country that is intentionally limiting oil production.

Could this wrap up Russia victory in Ukraine by Spring? It is (and has been obvious for a while) clear that Western Europe can't economically stomach further economic pain. Sure Russia's military may not be great but war is fought in more than just the battlefield, here it is being fought with economics and one side has a clear advantage.

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

I love it when a pack a day smoker tells us he cares about the air he breathes

https://texags.com/forums/12/topics/3098134/replies/56112846

fixer said:

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No Spin Ag said:

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fixer said:

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Oil markets largely shrugging this off today because of crazy upswing front running this cut last two days.

However the importance is that the Saudis and opec are sending message very clearly that they are going to support oil prices higher with production cuts.

They will likely cut again as most of the opec countries were already under producing.

This is a fecal sandwich: opec is supporting oil prices actively while the fed is trying to crush inflation with stronger dollar and interest rates.

Meanwhile most oil company boards are now fully infected with esg and don't really care to drill. They are using free cash flow to make their operations green.

Loosening the regulatory space would alleviate only some of this constraint and Biden won't do this.

If China comes back by scaling back on zero covid oil is going to be the central issue and the king pin of economic considerations .

This means opec is in control , not the fed.

---

When you say companies are infected with ESG and don't care to drill, do you mean they could be drilling more right now?

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Yes. The second part of that explains why.

There is continuous dis incentive to getting huge drilling plans and expansions going in favor of getting operations green.

Oil companies are transitioning ( el oh el) to carbon management.

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So they're able to make as much money, if not more, by not drilling? I'd never thought I'd see the day.

Is this due in part to the stock market and these company's shareholders?

Quote:

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Oil companies are transitioning ( el oh el) to carbon management.

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From my particular vantage point in the industry, I concur with this.

"Big Oil" is chasing the ESG dollar at the moment. The Federal incentive to royally **** yourself over in the short-term is greater than the common sense of keeping your business afloat in the long-term. It's perverse. Most of these Execs only care about themselves, how much money they can get, and their social status at Bushwood.

Teslag said:

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Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

I love it when a pack a day smoker tells us he cares about the air he breathes

https://texags.com/forums/12/topics/3098134/replies/56112846

---

Haha. He was also touting the "0%" inflation in July. Seems like a leftist that just downloads talking points from msnpc and uncritically believes his programming. Too bad talking points and spin won't heat homes or power cars down the highway.

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

Hard to believe someone with a college degree actually believes this nonsense.

Although I greatly enjoy the humor in a poster named birdwatcher calling for more wind, I'd really much rather them explain how the graph i posted "should look" based on their energy solution.

The US currently accounts for 13%(4.5 million t CO2) of Global CO2 emissions. Even if we were to completely reduce our CO2 emissions to 0, the rest of the world would still be emitting ~30 million t of CO2.

China produces more energy from coal than the US produces from all sources. China also produces 20+%(1/5) of the worlds CO2 emissions. Why is Greta T. not in China begging them to go green?

The thought is that transition to carbon management is going to be more profitable than oil in the somewhat near future.

So long term plans are being designed and carried out in accordance with this vision.

This means the focus isn't on drilling and expanding ( some drilling is occurring but not like in 2010).

Cash and personnel are focused on carbon reduction, carbon management, emission reductions, etc

Hell even base production is far less of a concern than flaring.

In one month I went from the " gas turbine guy" to " get rid of the gas turbine guy".

It isn't just the share holders that support it. It's deeper. Access to capital is now screened based on esg.

And there is a risk off mentality on oil because many if not all of the oil companies got put on life support during covid.

Ceo and board members woke up in March 2020 and world "leaders" shut everything down in the midst of a 5 or 10 year drilling and development plan. Say goodbye to that being a possibility again. So drilling plans are shorter in cycle and more focused. To get drilling that it would take to be net exporter and independent would need oil sustained in the 100s and likely even higher. The risk is too high that governments will eff you raw in an overreaction to something.

HollywoodBQ said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

It's 6 years now?

Personally, I'm still waiting for that new Ice Age they promised us in the 1970s.

---

It is comically hilarious that the Woods Hole Oceanographic Institute at the turn of this century was predicting a potential mini ice age.
The Next Ice Age Worried about global warming? Talk to a few scientists at Woods Hole. Oceanographers there are seeing big trouble with the Gulf Stream, which warms both North America and Europe By Brad LemleySep 1, 2002 12:00 AM

It's science, I guess we should believe in the science.

FJB......

If only the worlds largest oil producer got back in the production game….

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

Jesus, dude. You fell for it. Hook. Line. Sinker. I'd tell you to do your own research and to think critically, but, given that quote I don't know if you're capable of it.

Teslag said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

I love it when a pack a day smoker tells us he cares about the air he breathes

https://texags.com/forums/12/topics/3098134/replies/56112846

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And James Clapper would call this the "head shot".

will25u said:

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Biden has also drained the SPR by about 50%. From just under 700 million barrels to ~350 million barrels.

---

The genius of OPEC is that not only are they going to screw us directly through higher gas prices and inflationary pressure on everything else as a result, but FJB is also going to have to refill the SPR at the inflated price after the midterms.

AgNav93 said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

Jesus, dude. You fell for it. Hook. Line. Sinker. I'd tell you to do your own research and to think critically, but, given that quote I don't know if you're capable of it.

---

It's a religion for most of these white leftists.

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

I want off the ride

Ellis Wyatt said:

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Birdwatcher said:

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Solar and wind are what we urgently need.

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We have the energy we need right here.

We do need to tell morons to sit down and shut up and avoid voting for Chinese puppets. I am doing my part. You?

---

We should require in Texas if you own an EV, you must charge it solely with wind/solar produced at your own home...get them off our grid.

How does someone named birdwatcher support wind and solar?

In 2020, Democrats blocked Trump's proposal to buy American oil at $24 a barrel.

Yesterday, a Biden official disclosed a secret offer to buy OPEC+ oil at $80 a barrel in exchange for not cutting production.

Biden's efforts backfired. The US is weakened.https://t.co/ygwOZqPIBk

— Michael Shellenberger (@ShellenbergerMD) October 5, 2022

Thread continues after the above tweet.

But then, a few hours later, an official with the DOE called Reuters and contradicted Granholm, saying that the White House was not, in fact, considering more SPR releases. Five days later, the WH said it was considering *refilling* the SPR — the opposite of what Granholm said.

— Michael Shellenberger (@ShellenbergerMD) October 5, 2022

DevilD77 said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

Hard to believe someone with a college degree actually believes this nonsense.

---

I would say he is a propagandist. Doubt he really believes it. Even John Kerry doesn't actually believe it. Greta Thunberg might, though. She is a ****ing idiot.

CDUB98 said:

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Some village is missing their idiot.

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more like a medium size country....

Looks like the Saudis are voting against the Dems in 2022 in the one way they can.

Puppet Joe to the rescue!…….for WEF and China.

HollywoodBQ said:

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Birdwatcher said:

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We could become less reliant on Saudi Arabia by, I don't know, using more renewable energy and thus using less of their oil.

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We're not reliant on KSA.

But it is a world market so their production does impact the price at the pump.

You probably don't remember the gas lines in 1979 when there was no gas at any price and people like John Denver got busted for hoarding gasoline.

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I member.

BIDEN ADMINISTRATION TO CONSULT WITH CONGRESS ON ADDITIONAL TOOLS AND AUTHORITIES TO REDUCE OPEC’S CONTROL OVER ENERGY PRICES -WHITE HOUSE

Was Burisma energy guru Hunter Biden unavailable?

— zerohedge (@zerohedge) October 5, 2022

Teslag said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

I love it when a pack a day smoker tells us he cares about the air he breathes

https://texags.com/forums/12/topics/3098134/replies/56112846

---

I'd make a bet with him about this 6 years we got left but he'll be dead in 4 so why bother?

Best part is redirecting oil supply to the reserves will only further restrict supply as that is done and increase prices even that much more.

Democrats and progressives really are either economically illiterate or maliciously sociopathic.

jrrhouston98 said:

---

Birdwatcher said:

---

Solar and wind are what we urgently need.
America needs projects and goods budgeted based on emissions impact. The American corporations (and the public) should be put on CO2 budgets for nonessentials, so we have more CO2 space left over to construct renewables as fast as we can.
We are 6 years out from cascading tipping points. The hotter it gets, the faster we get to "in your lifetime" effects. The climate is already screwed. How much worse it gets is up to us.

---

You have to be a troll. Nobody could possibly be this stupid.

---

I disagree.

As evidence, I give you most of the state of California.

MouthBQ98 said:

---

Looks like the Saudis are voting against the Dems in 2022 in the one way they can.

---

Had this thought as well. A weak and dysfunctional US that bows to Tehran is definitely not in the House of Saud's best interest.

MouthBQ98 said:

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Best part is redirecting oil supply to the reserves will only further restrict supply as that is done and increase prices even that much more.

Democrats and progressives really are either economically illiterate or maliciously sociopathic.

---

It's "and", not "either / or".

Y'all quit responding to birdwatcher. Clearly a troll and just flag it for false information or trolling.

This might be part of the problem...

fixer said:

---

The thought is that transition to carbon management is going to be more profitable than oil in the somewhat near future.

So long term plans are being designed and carried out in accordance with this vision.

This means the focus isn't on drilling and expanding ( some drilling is occurring but not like in 2010).

Cash and personnel are focused on carbon reduction, carbon management, emission reductions, etc

Hell even base production is far less of a concern than flaring.

In one month I went from the " gas turbine guy" to " get rid of the gas turbine guy".

It isn't just the share holders that support it. It's deeper. Access to capital is now screened based on esg.

And there is a risk off mentality on oil because many if not all of the oil companies got put on life support during covid.

Ceo and board members woke up in March 2020 and world "leaders" shut everything down in the midst of a 5 or 10 year drilling and development plan. Say goodbye to that being a possibility again. So drilling plans are shorter in cycle and more focused. To get drilling that it would take to be net exporter and independent would need oil sustained in the 100s and likely even higher. The risk is too high that governments will eff you raw in an overreaction to something.

---

Thanks for so much information. Do you think when we get an R back in the White House it'll go back to normal, or is this a global issue to where whatever we do doesn't change much for us?

will25u said:

---

BIDEN ADMINISTRATION TO CONSULT WITH CONGRESS ON ADDITIONAL TOOLS AND AUTHORITIES TO REDUCE OPEC’S CONTROL OVER ENERGY PRICES -WHITE HOUSE

Was Burisma energy guru Hunter Biden unavailable?

— zerohedge (@zerohedge) October 5, 2022

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While they can have significant influence, OPEC doesn't control world energy prices, you ****ing dip****s in the WH. The world market determines the price based on supply and demand.