With Shale Oil Production Like This, Who Needs Trump?

Lol I remember some environmentalist film we were forced to watch in primary school saying that peak oil would be here by 2010. In comes 2016 and prices drop to $1/L (in my area), unprecedented. What a bunch of irrelevant f***heads.

 

Why blow up the world when there's a good chance we can fix it to preserve national sovereignty (or rather, create it, given how far down the globalist hole we've already gone).

You don't see it as good for Russia that the EU is disintegrating? That the US now has a President that isn't actively trying to provoke a nuclear war with Russia?

In any scenario where New York receives a Russian bomb, Moscow receives 5. Nobody wins.

 

Saudi Arabia's production is not declining and their lift costs are half of US lift costs.

 

Litvin, buddy, you like to call Russia at the Mongolian language, it is funny, but ...

..but if you will begin to call the Russia at the language of Orc or the Lilliputians, it would be even funnier. Try it. You'll be the best clown in the forum.

 

Everything depends on you. From the United States. If you will not attack to Russia, - New York willn't receives a Russian bomb.

 

Impressive. Let prices fall.

 

If the ppb does fall our domestic producers will go belly up. OPEC is hovering at $53.40.

 

I know this is your dream. But I have to disappoint you. Lower oil prices will strengthen Russia.

 

How's that so.. Russia's lift costs are high.

 

I have a powerful hunch you pay far less per gallon than I pay. If it works for you, it ought to be as cheap here as there.

 

You have no idea what you are talking about. Oil is fungible. The ppb needs to be $65.

 

I doubt there's need in national sovereignity, boom of it in East Europe after Union's collapse created nothing, but troubles - a practical example.

As for Trump not provoking nuclear war - isn't he stated that USA will be expanding it's nuclear arsenal once again? Is it not a provocation?

 

I realize you are a pal of the Saudis. Maybe of big oil too. But I need low prices. Maybe you need high prices. Life is hard.

Why do you persist in insulting me?

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I see why you think it is a provocation and it might be. But Trump has this idea he gets peace through strength. And it worked in the past. Trump is no dictator and will get only what Congress allows him to get.

 

Do you even know what OPEC is?

Texas Sweet and Brent crude are ALWAYS 1 or 2 dollars higher than the OPEC price basket.

If the price per gallon goes down at the pump, US producers lose money because we have the highest lift costs in the world.

 

It's simple. When there is a lot of money from the sale of oil, you do not have to do anything yourself.
When oil was $ 100 Russia wanted to buy armored cars in Italy.
When oil was $ 100 Russia wanted to buy the ships in France.


It is LOL LOL and more LOL

After oil prices fell and began sanctions, production agriculture has risen strongly in Russia. And this is only the beginning. The main thing -to Trump will not lifted the sanctions and that the oil price has not increased to $ 100/

.

if the oil is again $ 100.........then we will buy missiles in Lithuania ..

 

Sorry. I don't understand you. I don't know much about Russian oil production. Can they break even at $50 a barrel?

 

But, it also drove bread production to use of lower grade grain. Quality of bread have dropped.

Not to mention, that lack of competition on market whithin the country gives less stimulus for keeping high level of quality of products.

 

No. "They" will not break even at $ 30.

 

http://www.fort-russ.com/2016/03/ministry-of-energy-cost-of-production.html

 

1)))We have a lot of different bread. On a different purse. Like everywhere else.

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2)))A lot of money from oil sales. ... And large subsidies to producers in the Western Europe, it isn't a "competition."
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I speak of commonly purchased bread, from the factories that work stictly by governmental production standarts.

If you wish, we can make argument on that topic in specifically created thread, though. I understand I am currently spreading bit of off-topic discussion there.

 

I also say this. Bread is different. Average. 20 rubles. it is about 30 cents. But there are 20 cents ("Quality of bread have dropped" ) ..... and $ 1.

In other matters ... to whom I tell ...

 

Absolutely
What does that have to do with the price I pay in California?

Do you know where California gets our crude?

The lift costs could be slashed. See what happened when fracking and directional drilling got better

 

And not many people can afford paying 1$ for just a loaf of bread. There lots of things to be paid for: other grocery products, taxes, gas, if you own a car, maintaince of that said car, if you do not have one - there still spendings on public transportation, on clothing, likely one would like to save some money for a vacation once a year, there generally are savings for various things, from renovations to music instruments - things people do not urgently need but would like to have.. Smoking, alcholol, video games, films, fishing, mobile games on phones.. There are lots, and lots of things to spend money on - instead of paying three times the price of the common loaf of bread.

And quality of that common loaf of bread has dropped. Which of items in list above should be excluded for sake of good quality bread? Bread, I dare to mention, that supposed by standarts be produced from fourth and higher classes of grain quality, not from fifth and sixt, that classified as forage.