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Prediction: Raptor R ends up casualty of Ukraine/Russia war…
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<blockquote data-quote="smurfslayer" data-source="post: 1754350" data-attributes="member: 21926"><p>So, no pun intended, but if we drill down on the permits approved or are currently underway, how many of the 2020+ permits approved are worth pursing? That is, they would be profitable to send in crews, drill baby drill, etc. and push it to market? Or, are the permit holders looking at things with a jaundiced eye towards undertaking something that just wouldn’t bear much profit margin? </p><p></p><p>I note also that the partisan defenders of Biden are now out in force - literally every audio, video and internet outlet offering the very same talking point; that Biden’s regime has “9000 approved permits” waiting for companies to use. That’s clueful information. Not what’s being said, but how often it’s being repeated and by who. </p><p></p><p>What does the regime benefit if we believe this? </p><p>What do you want to bet there is more to this data set?</p><p></p><p>Trump gets a lot of $hit for <s>being fast and loose with the truth</s> a liar, but Biden is equally untruthful if not more so.</p><p></p><p>[MEDIA=youtube]JvOjlfRpXHQ:56[/MEDIA]</p><p></p><p>So truthfully there is no stroke of the pen relief to an oil crisis, regardless of who’s heading the executive branch. But, there is a definite effect in dissuading companies from pursuing leases in the first place, and there’s definitely an impact to the very public positions the current regime has undertaken. </p><p></p><p>Is it Biden’s FAULT for high oil prices? It’s not Putin’s fault, no way, no how. Biden lit the match, and his henchmen fanned the flames pushing prices higher and higher since day one. An all too willing Congress went along for the ride. There’s little excuse, he’s got varsity handlers. Not as good as ‘bama’s handlers, but very good, astute political operators; He -IS- the sitting president and all the howling about fraud notwithstanding, he had more votes in the electoral college, period. maybe not 81m, but enough to win in every conceivable twist of the outcome. So his staff should be acting as the adults in the room, but apparently they’re content just egging the old coot on. Not good for oil prices and foreshadows very bad things for current international relations. </p><p></p><p>There is more to it than open, outstanding permits to drill not being operated on.</p></blockquote><p></p>
[QUOTE="smurfslayer, post: 1754350, member: 21926"] So, no pun intended, but if we drill down on the permits approved or are currently underway, how many of the 2020+ permits approved are worth pursing? That is, they would be profitable to send in crews, drill baby drill, etc. and push it to market? Or, are the permit holders looking at things with a jaundiced eye towards undertaking something that just wouldn’t bear much profit margin? I note also that the partisan defenders of Biden are now out in force - literally every audio, video and internet outlet offering the very same talking point; that Biden’s regime has “9000 approved permits” waiting for companies to use. That’s clueful information. Not what’s being said, but how often it’s being repeated and by who. What does the regime benefit if we believe this? What do you want to bet there is more to this data set? Trump gets a lot of $hit for [S]being fast and loose with the truth[/S] a liar, but Biden is equally untruthful if not more so. [MEDIA=youtube]JvOjlfRpXHQ:56[/MEDIA] So truthfully there is no stroke of the pen relief to an oil crisis, regardless of who’s heading the executive branch. But, there is a definite effect in dissuading companies from pursuing leases in the first place, and there’s definitely an impact to the very public positions the current regime has undertaken. Is it Biden’s FAULT for high oil prices? It’s not Putin’s fault, no way, no how. Biden lit the match, and his henchmen fanned the flames pushing prices higher and higher since day one. An all too willing Congress went along for the ride. There’s little excuse, he’s got varsity handlers. Not as good as ‘bama’s handlers, but very good, astute political operators; He -IS- the sitting president and all the howling about fraud notwithstanding, he had more votes in the electoral college, period. maybe not 81m, but enough to win in every conceivable twist of the outcome. So his staff should be acting as the adults in the room, but apparently they’re content just egging the old coot on. Not good for oil prices and foreshadows very bad things for current international relations. There is more to it than open, outstanding permits to drill not being operated on. [/QUOTE]
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