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Dec 30th, 2023
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 Drill Baby Drill
#15241134
11/08/24 12:43 PM
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Joined: Mar 2010
Posts: 28,012
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 28,012 |
Trump says starting day 1. From an investor standpoint, which U.S.energy companies stand to benefit the most?
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Drill Baby Drill
[Re: T Bird]
#15241139
11/08/24 12:47 PM
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Joined: Jul 2021
Posts: 451
AirForceAngler
Angler
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Angler
Joined: Jul 2021
Posts: 451 |
I'm pretty sure the average American consumer is going to benefit a lot! 
2005 Lund Rebel SS 1650 with Merc 25 HP 4-stroke.
Make America Great Again - Again! DJT 2024
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Re: Drill Baby Drill
[Re: T Bird]
#15241208
11/08/24 01:54 PM
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Joined: Feb 2008
Posts: 13,911
Dan21XRS
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 13,911 |
"The problem with having a sense of humor is often that people you use it on aren't in a very good mood"...
Lou Holtz
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Re: Drill Baby Drill
[Re: AirForceAngler]
#15241213
11/08/24 01:59 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 |
I'm pretty sure the average American consumer is going to benefit a lot! yes by lower energy costs and it will jump start economy by putting people back into high paying jobs and money into the other industries but it won't be a over the night fix it takes time to get leases and people to believe it and get rigs back out there and people hired and trained. 6- 18 months to get it back up.
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Re: Drill Baby Drill
[Re: T Bird]
#15241223
11/08/24 02:13 PM
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Joined: Jan 2005
Posts: 20,544
Pat Goff
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 20,544 |
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.
Pat Goff Seadrift TX ![[Linked Image]](https://i.ibb.co/X48Kbbq/scooter-shallow.jpg)
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Re: Drill Baby Drill
[Re: Pat Goff]
#15241227
11/08/24 02:18 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.
good point on the refineries yes we need some bad and some of the ludicrous EPA regulations done away with so it doesn't cost five times what it should so the companies will want to invest
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Re: Drill Baby Drill
[Re: T Bird]
#15241244
11/08/24 02:26 PM
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Joined: Apr 2009
Posts: 11,587
spazm09
TFF Guru
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TFF Guru
Joined: Apr 2009
Posts: 11,587 |
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.
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Re: Drill Baby Drill
[Re: spazm09]
#15241251
11/08/24 02:31 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 |
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
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Re: Drill Baby Drill
[Re: T Bird]
#15241272
11/08/24 02:38 PM
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Joined: Apr 2009
Posts: 11,587
spazm09
TFF Guru
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TFF Guru
Joined: Apr 2009
Posts: 11,587 |
Most things worth doing are hard. If it were easy, it would have already been done by now.
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Re: Drill Baby Drill
[Re: T Bird]
#15241288
11/08/24 02:43 PM
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Joined: Jul 2013
Posts: 9,791
RCarter
TFF Celebrity
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TFF Celebrity
Joined: Jul 2013
Posts: 9,791 |
 #MAGA
WORK HARD.....FISH HARDER!
GOD is Great...BEER is Good...and PEOPLE are CrAZy
billy currington
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Re: Drill Baby Drill
[Re: T Bird]
#15241365
11/08/24 03:30 PM
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Joined: Aug 2006
Posts: 4,385
machinist
TFF Team Angler
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TFF Team Angler
Joined: Aug 2006
Posts: 4,385 |
We have to have oil and gas to be able to run all the equipment to build the power plants and refineries we need.
I fish on the edge and stay out of the middle
99 BassCat Jag w/225 Merc Optimax
Retired TXU Outage Manager
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Re: Drill Baby Drill
[Re: T Bird]
#15241369
11/08/24 03:32 PM
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Joined: Mar 2006
Posts: 10,136
reeltexan
TFF Guru
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TFF Guru
Joined: Mar 2006
Posts: 10,136 |
Trump said yesterday that fuel would be half what it is today within a year.
"..The pleasantist angling is to see the fish
Cut with her golden oars the silver stream,
And greedily devour the treacherous bait.
Bill Shakespeare![[Linked Image]](http://s4.postimage.org/f0dhseas/P1120145.jpg)
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Re: Drill Baby Drill
[Re: 921 Phoenix]
#15241394
11/08/24 03:49 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 The nuclear plant in Ukraine has been bombed pretty regularly It is still in operation
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Re: Drill Baby Drill
[Re: T Bird]
#15241413
11/08/24 03:59 PM
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Joined: Dec 2003
Posts: 40,465
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 40,465 |
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.
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Re: Drill Baby Drill
[Re: 921 Phoenix]
#15241419
11/08/24 04:03 PM
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Joined: May 2007
Posts: 43,864
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 43,864 |
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
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