They’re ruining our fun fellas.

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thatJeepguy

thatJeepguy

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Overnight trading.
 

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PTYHRD

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The barrels released are only about 1.5 days of what the US consumes. That’s a political game. I find it hard to believe with people able to WFH, more fuel efficient vehicles being driven etc the demand is so high as to drive up the price. This is all politics and control. IMO.
 

MFNG

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I have to say despite the price of gas currently, and even if it goes higher in the future I am and always will be against this. ANWR is just that...relatively unspoiled wildlife REFUGE, where wildlife can survive/flourish without interference from Man. And I'm willing to pay more for a tank of gas to keep it that way for YOUR kids, grandkids, and all of their kids (I have none of either). And the keystone pipeline is a bad idea as well, it will cross more than 2,000 waterways, including the Yellowstone River in Montana, threatening rivers, lakes and streams with the same kind of pipeline accidents that have occurred elsewhere.

Unless/until the pipeline companies can 100% guarantee that not a drop of oil will spill ANWR should remain free from drilling/piping oil. Even the TA pipeline has had its' share of accidents:
"The size of (the most recent) spill, roughly 5,000 barrels (at 55 gallons/barrel) from the pipeline is topped only by two other accidents on the pipeline:
• In 1978, sabotage at Steele Creek caused about 670,000 gallons - 16,000 barrels - to leak.
• In 2001, a Livengood man shot the pipeline with a high-caliber rifle, causing 258,000 gallons - 6,143 barrels - to spew from the line before Alyeska could secure a clamp over the hole."

The risk is not outweighed by the benefit.
While this is noble, @zemuron99 will be dead and long gone, as will we all - our Raptors included - before this world is destroyed by humans, the big freeze, global warming, climate change, Joe Biden, Donald Trump, Klaus Schwab, or the aliens that will come after the next Bill Gates guaranteed pandemic.

America is the last thing standing in the way of the so-called global order that wants placated baby-men. @zemuron99 if you drive a Raptor, you’re in the wrong place my friend.

This crowd eats meat, fuhks beetches, and tells the world America - F Yeah!
 

Idaho

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ANWR, regardless of one’s position or not doesn’t seem to be the answer anytime soon. When leases were up for bid in January of ‘21, only three total bidders placed offers and one was the state of Alaska itself. Of the other two bidders, neither was a major oil company. Half the leases received zero bids.

As much as oil prices are speculation, so is drilling as you’re investing majorly for what may be a boom or bust market once you’re finally up and running. Especially from ANWR where tossing regulation, protests, and environmental concerns aside, the cost to move that oil to where refining capacity is on top of drilling costs requires a market with higher prices. So far no guarantee of higher oil prices ($70+ a barrel) for extended periods, there just doesn’t seem to be interest from the commercial sector to pay up to drill ANWR.

As an example of the lack of interest, BP held leases to drill from the 1980’s but was unable to drill do to regulations imposed after the sale. When Trump opened things back up, BP sold all of their leases and walked away.

Aside from the costs, melting permafrost doesn’t help with creating appeal. After the decent size oil spill in Siberia in 2020 from permafrost melting under oil storage tanks, I would speculate that companies are a bit gunshy of investing in construction in the arctic.
 

Pikser

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Sanctions on Russia crude oil and crude will be 200 per barrel.
 

melvimbe

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The big problem I see with putting sanctions on Russian oil is that while it raises prices of those who do the sanction, because they have less supply to work with, and Russian, since they theoretically have to sell at a discount. The winner of the sanctions game is the buyer who doesn't give a crap about the sanctions and can therefore buy oil from Russia at a discount. That winner is China.

I'm not suggesting that sanctions aren't a good idea at this point. I'm not saying they are either. What we should learn from this event is that energy independence is very, very important. Energy independence not only allows you to have better control of the energy supply and control over your own economy, but it means that are not held hostage when another nation that has goals different from your because of your energy demands.

Really, this isn't just about energy, but every other commodity and industry that is vital or important to a nation. That's not to say you can't trade, but you need to have your own supply or at least diversify your trade partners to avoid dependence. Globalism will never be a good idea.

If we had leaders who actually gave a damn about the long term future of the country rather than their own immediate political and financial goals, we would be looking to make the US as independent as possible mixed with some diversified trade.
 

MFNG

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Or we could use the real Tesla technology and pull endless energy out of the atmosphere to power nearly anything at very minimal cost after start up, but that would be ludicrous…or would it?
 

DFS

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Or we could use the real Tesla technology and pull endless energy out of the atmosphere to power nearly anything at very minimal cost after start up, but that would be ludicrous…or would it?
What on earth are you talking about? Hopefully not solar.
 

TwizzleStix

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What on earth are you talking about? Hopefully not solar.
Nope, not solar. Tesla’s thinking and theories were so far ahead of his time on earth that he seems alien. He said we could transmit energy through the air, literally around the planet. He just didn’t live long enough to see it in service.

The US Govt squashed Tesla by killing his finding and killing him as well. Also stole all his remaining data on how to make it work.

Hell, we already use his theories and technology to transmit microwave energy around the planet for communication like cell phones and even land lines over bad terrain. With some small changes, it could be literally electric power.

Problem is the various countries/govts are immoral dictators, like the Russian and Chinese “leaders” such that there can NEVER be a single entity in charge of power transmission, or anything else required for current life on earth. It doesn’t stop them from trying though.

That one-world concept is how they (Russia and/or China) are pushing the USA and others to the brink of collapse by in listing the help of democrats in the USA and others in the remaking powerful countries.

No single country can defeat the entire planet and the immoral ****** know this, so they’re trying to defeat the others by internal collapse from whatever the most controversial thing or idea exists now. They even make stuff up to see what happens.

Kinda like poorly skilled “artists” throwing a pile of poop or paint on the wall and calling it “art”.
 

melvimbe

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Nope, not solar. Tesla’s thinking and theories were so far ahead of his time on earth that he seems alien. He said we could transmit energy through the air, literally around the planet. He just didn’t live long enough to see it in service.

So not Elon Musk Tesla...Nicholas Tesla. But it sounds as if your talking about transmission, rather than generation. While transmitting energy (electrical?) through the air might be an improved if it can be done efficiently, not sure that's the same as just getting energy out of the air from nothing.

The US Govt squashed Tesla by killing his finding and killing him as well. Also stole all his remaining data on how to make it work.

Hell, we already use his theories and technology to transmit microwave energy around the planet for communication like cell phones and even land lines over bad terrain. With some small changes, it could be literally electric power.

Problem is the various countries/govts are immoral dictators, like the Russian and Chinese “leaders” such that there can NEVER be a single entity in charge of power transmission, or anything else required for current life on earth. It doesn’t stop them from trying though.

That one-world concept is how they (Russia and/or China) are pushing the USA and others to the brink of collapse by in listing the help of democrats in the USA and others in the remaking powerful countries.

No single country can defeat the entire planet and the immoral ****** know this, so they’re trying to defeat the others by internal collapse from whatever the most controversial thing or idea exists now. They even make stuff up to see what happens.

Kinda like poorly skilled “artists” throwing a pile of poop or paint on the wall and calling it “art”.

Not sure if this pro Globalist or con Globalist argument. I would be against a Globalist society even if there were no current immoral dictators...because there can always be one in the future. And there really isn't much more difficulty in taking over a 'peaceful nation' than a 'peaceful planet'.
 
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