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Re: Drill Baby Drill
[Re: Allison1]
#15241422
11/08/24 04:06 PM
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Joined: Jan 2005
Posts: 1,032
B.K.S.
Extreme Angler
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Extreme Angler
Joined: Jan 2005
Posts: 1,032 |
With green and nuclear, would you invest your money in refining? I remember one of the CEO’s talking about it 4 years ago and he said there would never be another one built. While that might not be true I don’t think refining is going to grow here.
The good news is that as Ev use grows it lowers the demand for gasoline and diesel.
The push for nuclear has already started, both here and around the world. Green energy is just a talking point for liberals. Obviously you’ve never been up close to a wind farm or seen the piles and piles of used blades.
B.K.S.
Team Seale Custom Baits
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Re: Drill Baby Drill
[Re: T Bird]
#15241459
11/08/24 04:38 PM
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Joined: Aug 2001
Posts: 13,740
Razorback
TFF Guru
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TFF Guru
Joined: Aug 2001
Posts: 13,740 |
Of all the many benefits of Trump being elected one of the best is that the climate change idiocy and destruction will be at least temporarily paused. Almost no one wants an EV, at least not now. They aren't feasible as a person's only or primary source of transportation. Now we won't have cultists from the Church of Global Warming forcing us into them.
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Re: Drill Baby Drill
[Re: T Bird]
#15241476
11/08/24 04:47 PM
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Joined: May 2002
Posts: 5,586
leethefishking
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,586 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? I have dabbled in oil stocks for years and really just never could make them work for me. Also understand that needing to drill more to maintain the same company profit isn’t necessarily good for them. It is good for us though!!!
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Re: Drill Baby Drill
[Re: WAWI]
#15241486
11/08/24 04:56 PM
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Joined: Jun 2011
Posts: 17,840
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 17,840 |
Sure, would be nice if he would focus on nuclear. Not saying not to drill but we need to get the nuclear ball rolling. I don't expect he will. nuclear will always be a hard sale till proven it can be safe and no one get hurt ever. to many melt downs and just saying OH BUT WE NOW KNOW HOW TO MAKE IT SAFE, won't do the job I don't think anyone is against a good source for long term cheap energy, but good gosh find the new energy before destroying the one we are using now to destroy us financially. right now Fossil fuels is still the best option till further notice Nuke is safe. About 4 more facilities in Texas would fix alot of problems. Maybe Trump will let it happen hope you are right but even if it is, it doesn't fix infrastructure problems.
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Re: Drill Baby Drill
[Re: T Bird]
#15241514
11/08/24 05:08 PM
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Joined: Jun 2011
Posts: 17,840
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 17,840 |
just to put into visual for those who have never been around electricity.
Electricity goes down the outside of wire. The more you want to move the bigger the wire has to be. When you try and put to much down it the amps goes up by the demand.
To fix this you have to use bigger wire. That is bigger wire from the power plant to the sub stations with transformers. That wire also has to be bigger. Then you will need bigger wire to houses all of them, for EV use.
folks even if we had the manpower to do it soon we nor the electric power plants don't have the money. The next problem is who can trade away their new cars for themselves and their wives and kids for EV cars and the ones you are driving will be worthless.
The nuclear plants if they are truly safe can replace a lot of the old plants we have shut down which would help with brown outs and loss of power but does nothing for future since we need to upgrade our infrastructure period its getting old. When the last time you saw them taking down a big power transfer line to put a new bigger one in place. I have personally never seen it done. some of the lines have been in use for 50 years
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Re: Drill Baby Drill
[Re: WAWI]
#15241520
11/08/24 05:13 PM
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Joined: Mar 2005
Posts: 43,531
butch sanders
TFF Guru
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TFF Guru
Joined: Mar 2005
Posts: 43,531 |
Sure, would be nice if he would focus on nuclear. Not saying not to drill but we need to get the nuclear ball rolling. I don't expect he will. nuclear will always be a hard sale till proven it can be safe and no one get hurt ever. to many melt downs and just saying OH BUT WE NOW KNOW HOW TO MAKE IT SAFE, won't do the job I don't think anyone is against a good source for long term cheap energy, but good gosh find the new energy before destroying the one we are using now to destroy us financially. right now Fossil fuels is still the best option till further notice Nuke is safe. About 4 more facilities in Texas would fix alot of problems. Maybe Trump will let it happen i am trying to come up with a plan to install small nuclear generators at data centers & bit coin plants
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Re: Drill Baby Drill
[Re: T Bird]
#15241530
11/08/24 05:23 PM
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Joined: Feb 2003
Posts: 810
Harleydude
Pro Angler
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Pro Angler
Joined: Feb 2003
Posts: 810 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? None if the price of oil gets crushed.
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Re: Drill Baby Drill
[Re: T Bird]
#15241549
11/08/24 05:28 PM
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Joined: Jun 2011
Posts: 17,840
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 17,840 |
The below is most of the reasons pople believe nuclear is not safe. This is a green energy site that doesn’t want Nuclear but arguments are still the same. Yes for the most part nuclear while running is a good source but they can melt down. The refineries are still quicker to fix the short term problems the long term is nuclear or some other energy source. The main reason I would like to see some source for electricity is so we can have fossil fuels for cars longer till we can find a solution for our person vehicles. Their is Always a better way we haven't found yet. https://www.greenamerica.org/nuclea...WkJ_NiQMVgET_AR2QzxpsEAAYAiAAEgI7efD_BwE
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Re: Drill Baby Drill
[Re: Harleydude]
#15241552
11/08/24 05:31 PM
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Joined: Jun 2011
Posts: 17,840
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 17,840 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? None if the price of oil gets crushed. most of higher prices is from lack of refinery space from lost of refineries over last 40 years and non being replaced. The oil companies aren't responsible for the higher cost. The oil companies don't set the price the refineries say what they will pay for the oil not the other way around
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Re: Drill Baby Drill
[Re: Harleydude]
#15241558
11/08/24 05:33 PM
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Joined: Jan 2008
Posts: 43,084
Ghost4BH
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 43,084 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? None if the price of oil gets crushed. Removing BS governmental regulations will lower production costs. The profitability point drops and more rigs will be active.
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Re: Drill Baby Drill
[Re: Pat Goff]
#15241562
11/08/24 05:36 PM
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Joined: Feb 2003
Posts: 810
Harleydude
Pro Angler
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Pro Angler
Joined: Feb 2003
Posts: 810 |
There's been a lot of mergers and buy outs the past few years. With that said, when Exxon bought Pioneer resources that gave them a whole lot of lease acreage. I'd call that a safe play for sure.
Just drilling and producing crude is one thing, the real thing that would lower fuel costs would have the EPA release the permits for refineries to switch to shale oil, they're stuck having to refine heavy crude only.
We need the sour crude for things like jet fuel and diesel. It is also a cheaper raw material to start with. With that said we refine plenty of WTI as well. We have some of the most sophisticated refineries in the world.
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Re: Drill Baby Drill
[Re: 921 Phoenix]
#15241568
11/08/24 05:41 PM
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Joined: Feb 2003
Posts: 810
Harleydude
Pro Angler
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Pro Angler
Joined: Feb 2003
Posts: 810 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? None if the price of oil gets crushed. most of higher prices is from lack of refinery space from lost of refineries over last 40 years and non being replaced. The oil companies aren't responsible for the higher cost. The oil companies don't set the price the refineries say what they will pay for the oil not the other way around The point is if price drops below where it is profitable to drill or produce they will cease those operations until the price come back up. Has happened many times out here and that is typically when oil stocks take it in the shorts as well.
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Re: Drill Baby Drill
[Re: Ghost4BH]
#15241578
11/08/24 05:47 PM
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Joined: Feb 2003
Posts: 810
Harleydude
Pro Angler
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Pro Angler
Joined: Feb 2003
Posts: 810 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most? None if the price of oil gets crushed. Removing BS governmental regulations will lower production costs. The profitability point drops and more rigs will be active. Yeah, removing burdensome regulations will help but the market is more complex and global than that. I live in the Permian Basin and I have seen it go from boom to bust overnight more than once.
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Re: Drill Baby Drill
[Re: Harleydude]
#15241665
11/08/24 07:04 PM
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Joined: Jun 2011
Posts: 17,840
921 Phoenix
TFF Guru
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TFF Guru
Joined: Jun 2011
Posts: 17,840 |
There's been a lot of mergers and buy outs the past few years. With that said, when Exxon bought Pioneer resources that gave them a whole lot of lease acreage. I'd call that a safe play for sure.
Just drilling and producing crude is one thing, the real thing that would lower fuel costs would have the EPA release the permits for refineries to switch to shale oil, they're stuck having to refine heavy crude only.
We need the sour crude for things like jet fuel and diesel. It is also a cheaper raw material to start with. With that said we refine plenty of WTI as well. We have some of the most sophisticated refineries in the world. what do you do for a living? this makes no sense whatsoever. you realize sour gas takes a ton more equipment to move around and monitors and points to extract the sour gas. diesel and jet fuel comes from oil not sour gas. no such thing has sour crude the sour gas is a killer and just a small amount will kill you. oil is nothing more than fertilizer. The salt in the water/oil mixtures is what kills grass and poisons water and the ground. oil just makes it messy. oil if it coats some animals and birds it can keep them from flying. if you ever saw a oiled road bed it usually has grass growing in it. The areas with dead trees and grass is the saltwater.
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Re: Drill Baby Drill
[Re: butch sanders]
#15241666
11/08/24 07:08 PM
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Joined: Jul 2005
Posts: 11,110
MARKIT
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 11,110 |
Sure, would be nice if he would focus on nuclear. Not saying not to drill but we need to get the nuclear ball rolling. I don't expect he will. nuclear will always be a hard sale till proven it can be safe and no one get hurt ever. to many melt downs and just saying OH BUT WE NOW KNOW HOW TO MAKE IT SAFE, won't do the job I don't think anyone is against a good source for long term cheap energy, but good gosh find the new energy before destroying the one we are using now to destroy us financially. right now Fossil fuels is still the best option till further notice Nuke is safe. About 4 more facilities in Texas would fix alot of problems. Maybe Trump will let it happen i am trying to come up with a plan to install small nuclear generators at data centers & bit coin plants https://www.nuscalepower.com/en
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