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Thread: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

  1. #31
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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by SouthernDemocrat View Post
    Natural gas, wind, and solar don't really compete with crude oil as those are primarily used for power generation and crude is primarily used as a transportation fuel. The biggest thing that has driven down the price of crude is decreased demand due to greater vehicular fleet fuel efficiency.
    I agree that it's fleet efficiency leading the pack but...

    naturalgasdemand.jpg
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office.
    Quote Originally Posted by lefty louie View Post
    Perhaps words yourself more plainly.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by SouthernDemocrat View Post
    But the statistics simply don't back up your claims. Motor vehicle death rates 40 years ago were more than twice what they are now. If you get hit by a truck in your car:

    1. You are less likely to be hit in the first place as that truck's stopping distance is much shorter than it was 40 years ago.

    2. Your car has crumple zones, air bags, better seat belts, and other safety measures that both deflect the force of the crash and increase your odds of surviving the crash.

    3. 40 years ago the physics of being in a heavier vehicle moving at a given speed and being struck by another vehicle resulted in much more of the force of that impact being transferred to your body and thus greatly increasing the odds you would be seriously injured or killed.

    Mind you, the vast majority of those improvements in vehicular safety resulted from government mandates as well.
    Right. I have no interest in continuing this. You win. My half ton vehicle will withstand the force of being struck by a one ton vehicle just fine. Not.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Misterveritis View Post
    Right. I have no interest in continuing this. You win. My half ton vehicle will withstand the force of being struck by a one ton vehicle just fine. Not.
    Actually, your vehicle is probably about 1 1/2 tons and a full size pickup is just over 2 1/2 tons (though the new aluminum Ford F-150 is 700 pounds less).

    Just sayin'...

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by apdst View Post
    You must hate the crap out of the green industry.
    I love the green industry.

    But I hate that it is subsidized. Any non-life saving product (green or not) that cannot make it without government subsidy, should die.


    Btw, a couple years ago, the average household income of Chevy Volt buyers was $170,000(!).

    Maybe It Should Be Called the Chevrolet 'Vote' - Forbes

    Clearly, it was a subsidy for the rich. Struggling lower/middle class taxpayers have to fork over more tax dollars to make up for the tax savings the rich got for buying a 'green' toy. That is pathetic.

    I love all electric cars (though I DETEST hybrids). But if they cannot be sold without government subsidies, let them die.
    Last edited by DA60; 11-27-14 at 05:04 AM.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by DA60 View Post
    Actually, your vehicle is probably about 1 1/2 tons and a full size pickup is just over 2 1/2 tons (though the new aluminum Ford F-150 is 700 pounds less).

    Just sayin'...
    Unless you were referring to a 1/2 ton pickup...in which case, never mind.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Misterveritis View Post
    Is that what you believe is happening? Do you (really) believe the government is writing a check every month to oil companies?
    In essence, yes I do.

    http://priceofoil.org/content/upload...nal_Screen.pdf

    If you have a problem with that, please take it up with the authors of the report I linked.

    They can explain it far better then I...plus I don't care that much about it - I started this thread about shale oil, not oil subsidies (though I am cool with the latter discussed here).

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Misterveritis View Post
    What is a search engine?
    It's above your pay grade apparently. Does your sister know you're on her computer again?

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Risky Thicket View Post
    Does this mean the government will have to increase subsidies to the oil companies?
    And the Keystone pipeline will sit idle if it's ever built.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by Middleground View Post
    And at that time, you would never complain about the price of gas, amirite?
    Why wouldn't I? Gas is going to go up in price. That is a fact.

    For example, under the President's plan the EPA has put in place, C.A.F.E standards will rise to over 55.5mpg within the next 12 years. That means the take from states and the Feds on a gallon of gasoline purchased will be dropping significantly. Taxes will be going up significantly to make up for that.

    Hydrocarbons are the great evil to Liberal/Progressives. They will become more and more regulated. With no ability to control the unilateral actions of Super Agencies like the EPA, the impact of temporary oil price fluctuations will pale in comparison to the social engineering through revenue impacts that is planned around it's use.

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    Re: Oil at $75 Means Patches of Texas Shale Turn Unprofitable

    Quote Originally Posted by DA60 View Post
    I love the green industry.

    But I hate that it is subsidized. Any non-life saving product (green or not) that cannot make it without government subsidy, should die.


    Btw, a couple years ago, the average household income of Chevy Volt buyers was $170,000(!).

    Maybe It Should Be Called the Chevrolet 'Vote' - Forbes

    Clearly, it was a subsidy for the rich. Struggling lower/middle class taxpayers have to fork over more tax dollars to make up for the tax savings the rich got for buying a 'green' toy. That is pathetic.

    I love all electric cars (though I DETEST hybrids). But if they cannot be sold without government subsidies, let them die.
    Why do you detest hybrids?

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