Article

2019-02-14 Economy

Report: Texas crude oil production breaks 1970s record

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by g(r)omgoru 2019-02-14 12:37|| || Front Page|| [9 views ] Top

#1 You have to wonder why we don't blockade the mighty Straits of Hormuz.

Posted by Matt 2019-02-14 12:56|| 2019-02-14 12:56|| Front Page Top

#2 I think there are a couple of pipelines in the ... pipeline ... sorry that should further increase the output.

Posted by Bobby 2019-02-14 15:33|| 2019-02-14 15:33|| Front Page Top

#3 Sounds like a perfect time to walk away from fossil fuels. /sarc

Posted by Airandee 2019-02-14 17:44|| 2019-02-14 17:44|| Front Page Top

#4 US petroleum resurgence to global prominence is transient. Each big advance (offshore, deep water, fracking) starts here, gets fully developed, and moves elsewhere. Right now we are king of fracking, but in a few years it will be Russia or China or KSA etc. As long as it's somewhere the global economy will tick along (more or less): the sh*t will only really hit the fan when we run out of advances and places to use them. It will happen, though we may still have another cycle or two, by which time we had better have come up with serious alternative energy sources.

Posted by Glenmore 2019-02-14 18:10|| 2019-02-14 18:10|| Front Page Top

#5 Ref #4: Welcome to the oil patch.

Posted by Besoeker 2019-02-14 18:31|| 2019-02-14 18:31|| Front Page Top

#6 We have serious alternative energy sources - nuclear. However, the Luddites would we rather freeze and starve. BTW, that big thermonuclear generator in the sky has been going for a long time, and is responsible for skin cancer (thus not the 'safe' alternative the usual suspects claim it is).

Posted by Procopius2k 2019-02-14 18:56|| 2019-02-14 18:56|| Front Page Top

#7 Yeah, Besoeker, I just retired after 36 years in the oil patch.

Posted by Glenmore 2019-02-14 19:51|| 2019-02-14 19:51|| Front Page Top

#8 Happy retirement, Glen

Posted by Frank G 2019-02-14 20:00|| 2019-02-14 20:00|| Front Page Top

23:27 Flairt Flomolet7570
22:08 james
22:02 james
21:59 crazyhorse
21:46 Vespasian Unairt7733
21:42 Vespasian Unairt7733
21:40 European Conservative
21:01 Beau
20:29 Waldemar Flavise2828
20:00 Frank G
19:56 Frank G
19:51 Glenmore
19:32 Frank G
19:01 Procopius2k
18:56 Procopius2k
18:41 Besoeker
18:34 Abu Uluque
18:31 Besoeker
18:10 Glenmore
17:58 lord garth
17:54 charger
17:48 Airandee
17:44 Airandee
17:13 Bobby