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boggsman1
Joined: 24 Jun 2002
Posts: 9120
Location: at a computer
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 Posted: Fri Jan 30, 2015 11:18 am Post subject: |
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| mrgybe wrote: | | boggsman1 wrote: | | We have had a handful of weak numbers recently(4 straight poor durable reports), and weak earnings(not Apple), setting up for a tough 2015. |
Is it possible you are beginning to understand the difference between being negative and being realistic!! Congratulations young man! |
I call it the way I see it. Nothing has changed here, Senor. Tidbit: 35% of US CapEx is oil/oil service. Chevron cut $6B TODAY from 2015 budget. Conoco $2B yesterday. If the average cut is 12% per company, it will have a NET negative on US economy in second half, regardless of the tailwind for the consumer. At 65-70, this math wasnt relevant, at 45-50 its quite relevant. |
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uwindsurf
Joined: 18 Aug 2012
Posts: 968
Location: Classified
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| Posted: Fri Jan 30, 2015 11:45 am Post subject: |
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| mrgybe wrote: | | youwindsurf wrote: | | mrgybe wrote: | | Liberals whine about sending troops to defend oil overseas... |
You are in favor of sending US troops overseas to defend oil reserves? |
I am in favor of removing the need to do that by developing our own reserves. |
That really did not answer the question, did it? If the need exists as your answer implies, then you are in favor of sending troops to defend oil reserves overseas? |
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mrgybe
Joined: 01 Jul 2008
Posts: 5180
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| Posted: Fri Jan 30, 2015 12:48 pm Post subject: |
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| If the inability to access those reserves threatens our national security.......yes. BTW, you were going to tell us all about your new and improved alternative to the US system of jurisprudence. Did I miss it? |
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uwindsurf
Joined: 18 Aug 2012
Posts: 968
Location: Classified
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| Posted: Fri Jan 30, 2015 12:54 pm Post subject: |
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| mrgybe wrote: | | If the inability to access those reserves threatens our national security.......yes. BTW, you were going to tell us all about your new and improved alternative to the US system of jurisprudence. Did I miss it? |
That sounds like corporate welfare to me. Sure wish I had access to the US military to protect my security interests.
As for the legal system - Sorry, I went out of town shortly after that exchange and was not in front of my computer. Did you ever agree that the non-indictment may have been the wrong decision? My response was premised on your agreement. |
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isobars
Joined: 12 Dec 1999
Posts: 20935
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| Posted: Fri Jan 30, 2015 1:05 pm Post subject: |
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| mrgybe wrote: | | It is not [like the Grand Canyon]. It is flat, rather uninteresting and downright barren in winter. |
And therein lies the major difference between ANWR and southern Utah; the latter is infinitely more scenic and is readily available to any American resident or visitor. I have ridden 4X4s and ridden and raced dirt bikes all OVER southern Utah -- WAY over 50,000 miles -- without leaving any tracks (it's sand and rock), with the government's permission, without disturbing anyone simply because it IS so big and dispersed (it's common to cover hundreds of miles in a day and see no one at all except the guys you brung to the party), and often in direct and formal assistance to the state and federal governments. I value that time and space even more than anything the Columbia Gorge has to offer.
ANWR? Tundra and mosquitoes, and all we want from it is 2,100 lousy acres of tundra plus a pipeline route/caribou heater, as part of making us less energy-dependent on the middle east -- i.e., ISIS, probably even within my remaining lifetime. Opposition to that is like the zero-tolerance freaks who actually believe eliminating every last radioactive molecule in and near the Columbia River at ANY cost is a rational demand. |
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mrgybe
Joined: 01 Jul 2008
Posts: 5180
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| Posted: Fri Jan 30, 2015 1:07 pm Post subject: |
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| youwindsurf wrote: | | That sounds like corporate welfare to me. |
You may want to give that a little more thought
| youwindsurf wrote: | | Sure wish I had access to the US military to protect my security interests. |
You do.
As for the legal system, if you couldn't be bothered to read my response to your question, I don't plan to repeat it. |
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J64TWB
Joined: 24 Dec 2013
Posts: 1685
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| Posted: Fri Jan 30, 2015 1:11 pm Post subject: |
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| mrgybe, it is barren until a couple hundred million gallons of oil spill. Then it will be filled with dead crap. Oh but that will never happen. |
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uwindsurf
Joined: 18 Aug 2012
Posts: 968
Location: Classified
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| Posted: Fri Jan 30, 2015 1:15 pm Post subject: |
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| mrgybe wrote: | | youwindsurf wrote: | | That sounds like corporate welfare to me. |
You may want to give that a little more thought
| youwindsurf wrote: | | Sure wish I had access to the US military to protect my security interests. |
You do.
As for the legal system, if you couldn't be bothered to read my response to your question, I don't plan to repeat it. |
I have some folks who owe me money (my security), perhaps I'll call the military and ask them to lean on them for me.
If you won't repeat, I'll accept your defeat. |
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techno900
Joined: 28 Mar 2001
Posts: 4161
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| Posted: Fri Jan 30, 2015 1:28 pm Post subject: |
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Frederick said: | Quote: | | mrgybe, it is barren until a couple hundred million gallons of oil spill. Then it will be filled with dead crap. Oh but that will never happen. |
I guess we should just shut down all drilling for fear of a spill. Now there is a realistic solution. Any reason ANWR would be at greater risk for a spill than, say Prudhoe Bay? |
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swchandler
Joined: 08 Nov 1993
Posts: 10588
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| Posted: Fri Jan 30, 2015 2:45 pm Post subject: |
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"Locking up billions of barrels of oil that would improve the country's energy security and lower prices for everyone...."
Lower prices for everyone? Fools might want to believe that kind of BS, but thoughtful folks know better. The only reason we are seeing lower gas prices is because the Saudis are making it happen for their own reasons. No way in the world are US oil companies going to purposefully over produce to promote lower pricing over the long term. It's a very poor business strategy over the long haul, especially since many sources of crude in North America are more costly to develop and refine. |
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