In Rebuke to West, OPEC and Russia Aim to Raise Oil Prices With Big Supply Cut

[chevyontheriver]

I want both. Corner stores in the cities, and downtowns, and big box stores in the suburbs. That's the way it should be.

But there's no reason why our billions of American dollars should be funneled out of this country, so that terrorists and dictators can live in splendor, while so many here live in squalor.

How can I walk to a big box store, let alone needing to walk to two or three big box stores. These places are impossible without cars. I live in a place now where I can walk for a considerable amount of necessities. But before this home it was a 15 minute drive for EVERYTHING. Growing up there were some commercial streets served by busses where you could buy anything and everything.

Suburban life is dictated by the planning that presumed everyone would have a car. So you can’t live in suburbia without a car - by design.

 

[Desk trauma]

Here's where our American gas dollars go when we give it all away to OPEC:
View attachment 321683 View attachment 321684
(Dubai)

In the meantime, here's an American city in the rustbelt:

View attachment 321685
(Gary Indiana)

...Why are we doing this to ourselves? Do we hate ourselves?

Does this plan to nationalize North American oil production also include compelling redevelopment of US cities?

 

[chevyontheriver]

Does this plan to nationalize North American oil production also include compelling redevelopment of US cities?

What plan to nationalize North American oil production are you referring to?

 

[Desk trauma]

What plan to nationalize North American oil production are you referring to?

The one proposed in this thread starting with post #3.

 

[Landon Caeli]

The one proposed in this thread starting with post #3.

Nationalizing it was brought up by another poster, not me, in post #29. I "liked" that post because of how it hinted toward preparedness.

Preparedness, when totally depending on dictators and terrorists, 100%, is always a good idea. You never know what they'll do. We are in an unnecessarily vulnerable position.

 

[Desk trauma]

Nationalizing it was brought up by another poster

It's the only way to get what you want. It's farcical to think that US oil companies will cut themselves off from the world market and accept lower profits.

Getting back to the other question, does this plan also include forcing investment in cities such as Gary?

 

[Landon Caeli]

It's the only way to get what you want. It's farcical to think that US oil companies will cut themselves off from the world market and accept lower profits.

What makes you think they would be accepting lower profits? They would be ramping up oil production like never seen before - which equals higher profits right off the bat. And Canadian companies too.

Supply and demand would be dictating profits. It would be a whole new arena, with unlimited possibilities.

 

[Desk trauma]

What makes you think they would be accepting lower profits?

Reality.

They would be ramping up oil production like never seen before - which equals higher profits right off the bat.

Ramping up production, I am guessing companies would be compelled to open up wells they are not currently using, and forbidding exports would mean lower profits. Especially when you add in the costs of bringing new capacity on line.

The oil companies have it the way they want it. Getting them to align their interests with the idea of providing cheap gas to US consumers only would be possible if they were forbidden from doing otherwise. Hence nationalization.

Supply and demand would be dictating profits.

Supply and demand in two countries with no access to the world market.

It would be a whole new arena, with unlimited possibilities.

Unlimited possibilities, access to the world market, pick one.

 

[Landon Caeli]

Reality.



Ramping up production, I am guessing companies would be compelled to open up wells they are not currently using, and forbidding exports would mean lower profits. Especially when you add in the costs of bringing new capacity on line.

The oil companies have it the way they want it. Getting them to align their interests with the idea of providing cheap gas to US consumers only would be possible if they were forbidden from doing otherwise. Hence nationalization.



Supply and demand in two countries with no access to the world market.



Unlimited possibilities, access to the world market, pick one.

I think you're missing the obvious here... We don't even have enough of the sweet kind of crude here to be 100% self-sufficient. So, it doesn't make any sense to say there is some kind of loss by selling here at home as opposed to overseas, when considering we can only produce so much to begin with... And we need every bit available here that we have. There was never even a remote possibility that selling overseas could generate more profits to begin with.

...This is where Canada comes in. With them, and their ample amounts of the sweet kind of crude, which is currently untapped, it would complete the process in a dynamic way.

 

[Desk trauma]

I think you're missing the obvious here... We don't even have enough of the sweet kind of crude here to be 100% self-sufficient. So, it doesn't make any sense to say there is some kind of loss by selling here at home as opposed to overseas, when considering we can only produce so much to begin with... And we need every bit available here that we have. There was never even a remote possibility that selling overseas could generate more profits to begin with.

...This is where Canada comes in. With them, and their ample amounts of the sweet kind of crude, which is currently untapped, it would complete the process in a dynamic way.

So we're talking about even higher gas prices.

 

[Landon Caeli]

Supply and demand in two countries with no access to the world market.

The US *is* the world market. We are where it's at.

 

[Desk trauma]

the US

Just the US? We invading Canada and making them a vassal state pumping us oil that they don't get to use?

When do the Central American unsullied armies come into use?

 

[Landon Caeli]

So we're talking about even higher gas prices.

It would be lower gas prices, because we already refine it here, so we have the equipment. But the source will be local, and not shipped across the globe on expensive barges that total billions of dollars themselves, with underwater pipelines (because barges don't dock, they pump crude from miles out at sea) that were super-expensive to build, and require maintenance which has been driving up costs.

Without all this overhead, and with mere pipeline and rail here, we can cut a lot of costs off right at the top.

 

[Desk trauma]

It would be lower gas prices, because we already refine it here, so we have the equipment. But the source will be local, and not shipped across the globe on expensive barges that total billions of dollars themselves, with underwater pipelines that were super-expensive, which has been driving up costs.

Without all this overhead, and with mere pipeline and rail here, we can cut a lot of costs off right at the top.

There is not enough to go around, per post 49, but the price is going to somehow be lower with demand outstripping supply?

 

[Landon Caeli]

There is not enough to go around, per post 49, but the price is going to somehow be lower with demand outstripping supply?

Canada. Our partner, our friend.

The US is probably about 90% capable of self-sufficiency, but Canada has more than we do with only a fraction of the people, and thus only a fraction of the need for it.

...But they will become rich from us.

 

[Desk trauma]

Canada. Our partner, our friend.

Will sell us oil at below market value because we said please?

 

[Landon Caeli]

Will sell us oil at below market value because we said please?

So because we don't know, we shouldn't try?

Are you okay with $10.00 a gallon by Christmas? So Putin can make up for his war losses as he invades Ukraine?

Maybe it's time to start moving forward, rather than remaining stagnant, and just accepting hostile people taking advantage of us. I don’t want to be their cash cow, while being taken advantage of at the same time.

 

[Desk trauma]

So because we don't know, we shouldn't try?

Its important to know what's going to happen before implementing policy, especially radical ones.

Are you okay with $10.00 a gallon by Christmas?

I'll take that over gas shortages born of half baked ideas.

 

[Landon Caeli]

Its important to know what's going to happen before implementing policy, especially radical ones.

well, it seems like your posts are purporting every worst case scenario possible, but never pause to see what good could might be lying in wait.

 

[Desk trauma]

well, it seems like your posts are purporting every worst case scenario possible, but never pause to see what good could might be lying in wait.

Sorry to harsh the buzz of your latest grand plan.