Shipping Tractors

[Tony H]

Yup...
And the higher gas prices & all of inflation is because Putin invaded Ukraine.
Just like Biden said.

Ha ha, love the sarcasm.

 

[Torvy]

My daily route to work run parallel to a major N-S rail line near FW. There is a definite increase in oil tanker cars.

 

[Cameron Smith]

You won't sell many electric cars if gas is relatively inexpensive. Who is pushing electric cars? Oh, yeah I almost forgot!

 

[jyoutz]

Without getting political on this matter, I'm curious how you can state some of this. You sound like you are on the "9,000 leases not used" side - this has been debunked numerous times. For the leases to be profitable two things have to happen. First, the oil companies HAVE to be able to run pipelines to actually use the oil - e.g., having a well that you can't get to is very hard to process from. Second, consider this, if you were about to drop a half to a million bucks on a well that may, or may not produce oil wouldn't you want some assurances from the current government that you wouldn't have to spend more in environmental bs in the "new" regulations than the oil is worth? There are many wells out there that, because of his new regulations, would cost more than what they would get from the oil.

There is simply no shortage of areas to drill for oil. General inflation, labor and business issues are the primary reasons for high fuel prices. There is no debunking of the fact there are 9000 federal lands leases on 26 million acres available for production. And these lease come with all of the permits on the federal side; the clean water permits are issued by state governments. I haven’t heard of any pipelines not being permitted down here in the Permian basin (where most US oil comes from). Most of the oil fields are not even on federal lands and the federal lands represent a small portion of the better oil production areas. The only large areas of federal land in areas with significant oil reserves that have not been already leased are in Alaska. Production costs are many times higher in Alaska than in the lower 48, so interest there has waned by oil companies. Why this continual focus on federal lands when most oil is located on private lands? If you would look at a lands status map of the oil producing areas, you would see a sea of private lands, with some scattered sections of state and federal BLM lands. In Texas (#1 oil producer) there are little to no federal lands in the oil producing areas. My state is the second largest oil producing state and produced a substantial greater amount of oil in 2021 and is planning on increasing again in 2022. Shortages of skilled labor is the primary factor holding back production and there was a story in this yesterday in the Albuquerque Journal. The fuel prices stink, but the causes you state are popular political talking points that are simply bogus.

https://www.wave3.com/2022/03/11/high-gas-prices-falsely-attributed-shutdown-us-oil-production/

 

[Liquidsilver]

Ah the big sucking sound created by those rushing in to defend the narratives of the left.

 

[Hay Dude]

Ha ha, love the sarcasm.

Is all sarcasm, theres some truth

 

[Torvy]

@jyoutz

I'm not sure if you are being deliberately obtuse or if you actually believe the nonsense you are reading. DC has made it clear from day 1 that they are at war with the fossil fuel industry. The industry does not trust them. The red herring of federal leases is not the root issue. Obstructionist regulations and uncertainty prevent companies from taking further risks. Ironic that you claim others are spouting talking points when that has literally been your approach. I know it is hard to admit, but you are being lied to by people way above our pay grades for a long game agenda.

 

[jyoutz]

Ah the big sucking sound created by those rushing in to defend the narratives of the left.

I’m an independent and despise the extremism of both the radical left and right wings. I do prefer facts to political talking points.

 

[jyoutz]

I'm not sure if you are being deliberately obtuse or if you actually believe the nonsense you are reading. DC has made it clear from day 1 that they are at war with the fossil fuel industry. The industry does not trust them. The red herring of federal leases is not the root issue. Obstructionist regulations and uncertainty prevent companies from taking further risks. Ironic that you claim others are spouting talking points when that has literally been your approach. I know it is hard to admit, but you are being lied to by people way above our pay grades for a long game agenda.

Production increased in 2021 and is increasing again in 2022. We are entitled to our own opinions, but not our own facts.

 

[Torvy]

Production increased in 2021 and is increasing again in 2022. We are entitled to our own opinions, but not our own facts.

No argument with those facts. They are simply a matter of recovering from 2020. Production is nowhere near where it could or should be and it is a fact that it is due to policies enacted since 2021. Like you said, we are not entitled to our own facts. Once you resign yourself to this fact, you can make a reasoned opinion about what should happen next.