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Not an airline, the big global oil companies. -
Dumb question from a non-flyer - "super major" is a large airline? I'm assuming and we know how that goes. I think it could also be a oil company? - Today
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VariEZiest joined the community -
Been in the industry for 14 years. US Oil in the $50 range is barely profitable. Mid east different story. keep in mind when it slows down lots of other industries are hit. No new wells or pipelines no pipes or valves are ordered so steel production is hit. Welders, pipe fitters get hit, Caterpiller takes a hit etc….lot of downstream players beyond the super majors like chevron and Exxon. revenue % from production also funds many govt programs. also price of oil and fuel prices aren’t always related. That’s called the crack spread. A super major likes when oil is relatively low and fuel is high.
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I get you and while I've never been in the industry myself, I have family who've been in it across generations and decades. Truth in advertising some of my investments do better when prices are high. I actually know two engineers who started in the industry and went over to the government side because they got laid off and didn't like the boom bust of the industry. That's the Oil Industry for as long as it existed. On your point about refineability and the sweet vs sour etc. I defer to those I know that know better. I've made mention on here before that more than a few on BO make their living burning jet fuel so that's an industry that can live and die on the price of oil. If it makes economic sense to go back to Venezuela, the oil companies will do it. Another side effect of lower oil prices is pressure to go EV is less and whether that is good or bad is a matter of your perspective. I would also think low prices are a part on the equation in Iran unrest going on now. I think long term from a strategic perspective a robust oil production in Venezuela can help give us some leverage around the world that really hasn't existed in the past.
So I thought about something, if UPT is maxed out and there is a portion of students that know they are going back to heavy units (a few guys sometimes do very well and switch to fighter units and vice versa but that’s the exception and not the rule) why not establish an ARC only program, half contractor half mil instructed to alleviate waiting in the regular UPT system / boost productivity? Adopt the 141 based training for pre mil instruction, but a stand alone program, then 1 or 2 locations for the multi engine mil based training. No T-6 time. GA based PPL with INSTM training then AMEL and x-country. Tailwheel, upset recovery and acro basics. No formation in this phase. About 160+ hours. Mil instruction in a T-54 (130 bound students plus others) or a successor to the T-1 (Phenom, Hondajet, Citation). About 60+ hours. Thoughts?
You all don't know shit about the oil industry. You need to watch more Landman and get learned.
Unfortunately for the oil industry, cheap oil (energy) is good for literally everything else. If it wasn't for the absolute inability to accomplish anything at all, the best thing the government could do right now would be to build 50 nuclear power plants across the country and drive the marginal cost of energy down to zero for the next 50 years.
Yes, well, just like in the '70s and '80s, the problem is going to be Islamic fundamentalists. I don't think Egypt is that bad of a comparison. Mubarak was definitely better than Khomeini, but regardless it was the Muslim brotherhood that the population supported before Al Sisi came in and shut it down. A much more extreme version of this problem exists in Palestine. The Palestinians in Gaza are no fan of Hamas, but that doesn't mean we are going to like who they end up supporting. Fingers crossed.
I’d love to see Iran get back to being a more free society where human rights are recognized and respected. I was a kid in early 1971 when my family (father worked for a relief NGO) was evacuated from East Pakistan (Bangladesh); we stayed in Tehran with a USAF SMsgt’s family who hosted us for 2 weeks waiting for my older brothers to get out of West Pakistan (they were in boarding school). My parents have pictures from our time there and it was modern, clean and open. I remember the stark contrast of 3rd world where we lived in Dhaka to a modern and clean Tehran. It’s sad that the people have been so controlled for so long. I wish them the best, but it’s going to be a rough ride for them regardless if they topple the mullahs or not. 45 years plus of essentially no say in their leadership or what form of governance they have.
Iran is not Afghanistan, when Khomeini came to power, he had overwhelming support of Iranian college educated young women who believed him. Sound familiar? Back in the 70s I had a discussion with my cousin who was a young female at the time who supported Khomeini who just dismissed me. Sound familiar again. Before this under the Shah it was progressive secular society. The Shah's secret police were heavy handed with the Islamists who wanted a theocracy and our own CIA didn't make many friends due to us wanting to keep our listening stations along the shared border with USSR. Maybe this time we can get it right.
Just to clarify…..yes they have a ton of oil. But…..that oil is dog shit and only a few refineries in the us can process it. It’s worse than Canadian tar sand oil. cheap oil isn’t good for the oil industry. Just last yr chevron canned 7k ppl in Houston. The projections for 2026 aren’t great either.
Nope, but I did talk to my first sergeant and my commander today and I told him that I was going to send the board an email asking if there was any indication as to when we would start seeing anything but my commander told me that he’ll reach out. I was also told by one of my other friends who got picked up that we will potentially start hearing stuff by the end of the week, but I just don’t think it’s cool to have people waiting this long when there are people who have families and need to start planning to make sure their family is going to be set up.- Yesterday
ectanne1 joined the community
Trubodega joined the community
Appears to be all internal and organic at this point (I am not naive to think CIA and Mossad haven't been helping), but Israeli leadership just approved an attack on the IRGC...would prefer they stay out of it.
I think I'll wait to see who follows before getting interested. Egypt, Libya, Syria, Afghanistan... It's not an easy region to reform. The Iranian threat is what made the Abraham accords possible. I wonder if the Middle East can unify without a central bad guy to align against.- Last week
Sorry but I had to post it.
They can have him! Lagway's a quitter who didn't like how Sumrall was challenging his desire to play and commitment to the team. Now we know Sumrall was right! Lagway dealt with multiple injuries (sports hernia surgery, shoulder issues, calf strain), threw 14 interceptions in 2025 and struggled with consistency. Adios!
I saw a really nice throw of a Molotov Cocktail. Maybe bring him over on a football or baseball scholarship.
I hear ya, I’m apprehensive about kinetic and boots on the ground but i agree with @Lord Ratner that we can control immigration especially in the case of Cuba as it is an island just far enough to control maritime outflows attempting to land in the USA and our maritime forces would operate out of the USA. This administration would also not implement a policy regarding asylum seekers from a newly liberated Cuba that would release first process later ala previous administrations (Democratic and Republican, the corporate globalists wings of both parties). I’m sure there would be risk but I’m confident a stabilization mission after a negotiated end to Communist Party rule could be done at an acceptable risk. Quarantine the island, marshal forces, apply diplomatic pressure, offer generous aid to the Cuban people, amnesty for former regime officials and safe passage for those who would be targeted in the new Cuba but testimony first in a truth and reconciliation commission, etc… I’m not for adventurism or naive idealistic nation building in totally alien societies but in this case, in our neighborhood, with a nation with have connection with, I think we should.
We've already proven that immigration to the United States is not something controlled by the migrant. It looks like the administration is already gearing up to send the TPS Venezuelans back to Venezuela, and if they stick to it then overthrowing a hostile regime will be yet another excuse removed from the asylum-for-everyone crowd. We spent so many decades being lied to about the illegal immigration situation that it now seems almost inconceivable that there was never a legitimate excuse or cause for it in the first place.
Virality joined the communityWe've never actually overtly tried with Cuba. Bay of pigs was supposed to be hush-hush and deniable. This administration doesn't do anything hush-hush. Cuba would, however be an absolute mess in the aftermath...just like Venezuela is likely to be. Just imagine the post regime celebration that would turn almost immediately to immigration to the USA.
Coming from the rated community, it will be extremely competitive. Also, depending on which base you’re at can make it more competitive too. I’m going to be honest, having a 70 PCSM is going to be tough to get a good Strat or even an endorsement to submit. The people I went up against were all in the 90’s with their PCSM. I had a 98 PCSM and was able to get stratted #1 out of sq/gp/wg because of my prior enlisted experience and a good chunk of other things I’ve done. There was someone with a 99 PCSM but not the same experience. I won’t put on Capt until 27. Send me a message on here and I’ll help any way I can. But I would suggest looking at getting those rated scores up.
