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Houston..we have a problem....

7,316,766 Views | 28750 Replies | Last: 2 days ago by Bibendum 86
AgLA06
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AustinAg008 said:

This is a massive waste of time.
99% of of the time the answers don't matter unless they can get them caught in a lie.

Everything else is theatrical pandering and realization of how dumb some "leaders" really are.
Joseph Parrish
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AgLA06 said:

AustinAg008 said:

This is a massive waste of time.
99% of of the time the answers don't matter unless they can get them caught in a lie.

Everything else is theatrical pandering and realization of how dumb some "leaders" really are.


Even then the lie rarely matters anymore. See Fauci.
Gig-Em2003
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The lady with a minivan filled with rice was something else. What a farce.
DripAG08
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We all need to just shut in production for a week and let everyone see the ramifications of it all.
BrokeAssAggie
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at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately
Red Rover
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Not to get too political, but she's an idiot and no one really listens to her anyway. Ridiculous statement, though.
Pahdz
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she's such a clown, embarrassment to Minnesota, I hope she walks back barefoot here from DC
jetch17
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CrazyRichAggie said:

at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately


Oh FFS
Comeby!
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CrazyRichAggie said:

at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately


F you too lady. I'm glad I'm not polished or successful enough to be head up a major.
Ogre09
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CrazyRichAggie said:

at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately


"and the same to you"
gougler08
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Comeby! said:

CrazyRichAggie said:

at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately


F you too lady. I'm glad I'm not polished or successful enough to be head up a major.


There's now way I could have answered most of those questions without some smartass retort
LRHF
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gougler08 said:

Comeby! said:

CrazyRichAggie said:

at the end Illhan Omar said....I hope you are ashamed of what you have done and what you are leaving behind for your children and grandchildren, I call on you to resign immediately


F you too lady. I'm glad I'm not polished or successful enough to be head up a major.


There's now way I could have answered most of those questions without some smartass retort


Bet they had some fun rehearsal sessions with the legal teams!
BrokeAssAggie
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Sea Speed
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If only they all had that much sense!
gougler08
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CrazyRichAggie said:


I'd vote for that guy
Dan Scott
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I think the earnings from XOM and CVX further promote the bullish thesis. XOM is planning a $10G share buyback over the next 2 years plus reducing their debt a bit more.

The industry is pulling back investments
AGTX
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Dan Scott said:

I think the earnings from XOM and CVX further promote the bullish thesis. XOM is planning a $10G share buyback over the next 2 years plus reducing their debt a bit more.

The industry is pulling back investments
Ten Gazillion Dollars??? Oh my!
Premium
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5% drop today. They say it's on building US inventories. Most of our customers are driving as much or more than prior to COVID, so not sure what it will take to go back up.

Maybe just a ton of people got back into the business with prices screaming upwards.
gigem1223
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Continental buying PXD Delaware acreage for $3.25B. I'd bet a good amount of money we see another PXD midland basin acquisition.
Comeby!
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Yea kind of surprised by that.
Cyp0111
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Southwestern taking out Geo/Blackstone
MAROON
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so Bishop gets another pay day
What do you boys want for breakfast BBQ ?.....OK Chili.
BMach
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https://www.nationalreview.com/2021/11/biden-moves-to-wreck-u-s-oil-industry/amp/

Is this real? Possibly banning flaring?
ttha_aggie_09
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Yes - it is coming. To what extent they do this is TBD but Biden hates the O&G industry. I am glad OPEC told him to shove it...

I have seen some solutions being marketed lately but I highly doubt their economical at $80/barrel. Probably at >$100 but not really sure. The leak detection stuff is being pushed across the entire midstream section and will be costly as well. Just the other day new requirements for gas gathering pipelines were implemented and will require additional resources and costs to operate several hundred thousand miles of "gathering" pipe. Not ideal for anyone, including the end users.
FHKChE07
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Sounds like more of a reason to put those bitcoin mining skids at well heads to process dirty natural gas into clean CO2 and crypto.
Ogre09
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Downstream we're looking at flare vapor recovery (recycle back to feedstock?) to avoid/reduce flaring. That takes compression, which takes electricity, which means burning more gas turbine fuel gas. TINSTAAFL.
Marsh
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Prices will go up and the government has big, bad oil to blame.

Provide cheap and affordable energy? Oil man bad! We need to restrict their ability to poison our earth.

Prices go up because of regulation? Oil man bad! They increased gasoline prices and natural gas prices just to make another $ while the people all suffer! Call them to congress immediately and ask them why my gas tank takes $100 to fill!



Hard to compete in the public court of opinion against the tag "green" energy when we are still so often referred to as the "fossil fuel" industry by the media. Regardless of the fact that the tag "green" has nothing to do with actually being better for the environment. Positive connotation vs negative.
Comeby!
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FHKChE07 said:

Sounds like more of a reason to put those bitcoin mining skids at well heads to process dirty natural gas into clean CO2 and crypto.


You got a guy? Working on this.
thepartygoat
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Comeby! said:

FHKChE07 said:

Sounds like more of a reason to put those bitcoin mining skids at well heads to process dirty natural gas into clean CO2 and crypto.


You got a guy? Working on this.


I've got a friend that has a start up on this. Solid guy with a great value proposition. They've raised some capital and recently had their first project commissioned on some older wells in Louisiana. They've got a modular approach to the deploying the rig because of his close connection with his supplier. Check them out.

https://10netzero.com/
DripAG08
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gigem1223 said:

Continental buying PXD Delaware acreage for $3.25B. I'd bet a good amount of money we see another PXD midland basin acquisition.


Should've bought Colgate.
PeekingDuck
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Comeby, these guys are good. They know their stuff though they usually do larger volumes up in North Dakota.

https://gam.ai/
Goose06
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https://fortune.com/2021/11/04/energy-crisis-food-shortage-security-fertilizer-prices-yara-ceo-madagascar-cop26/
aggiemike02
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Crusoe Energy
JD Shellnut
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https://www.dailywire.com/news/biden-admin-weighing-shutting-down-oil-pipeline-in-michigan-as-gas-prices-skyrocket-across-u-s-report

Tough being in midstream these days.
BAP Enthusiast
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BMach said:

https://www.nationalreview.com/2021/11/biden-moves-to-wreck-u-s-oil-industry/amp/

Is this real? Possibly banning flaring?


https://www.epa.gov/controlling-air-pollution-oil-and-natural-gas-industry/epa-proposes-new-source-performance

Oh no, it's much worse than you think. In fact, I don't see how upstream will continue to operate, at all.

Here is the fact sheet for it:

https://www.epa.gov/system/files/documents/2021-11/2021-oil-and-gas-proposal.-overview-fact-sheet.pdf

This is the 2016 OOOOa rule times 10 with an additional 20 other requirements and dubious climate savings/benefits.

If you are not involved with the IPAA, AXPC, or state trade groups then you better get involved quickly because this rule will destroy upstream in the US. I don't see how anyone, including the majors can make production profitable with these rules.
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