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The Iran thread
Correct…Canadian oil is still like $40 or $50 bbl, Venezuelan even cheaper. $70 is the us is very healthy. Creates enough profit for capx, hiring and future expansions. Brent at $70 and above….stupid profits I think what’s being ignored is the squeeze on china. They’re losing 50% of their oil imports, they’ve stopped exporting fuel, the longer this goes the richer irans neighbors get and china starts to bleed out. Read an article last yr how there is a push for a new economic zone with India being the manufacturing hub and moving away from china. They need a fuck load of oil and the products would flow west through the gulf and they railed to Europe. Iran was the only piece in the way.
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Suck it Canada
Team USA smashes beers w FBI director, will be at the state of union. women’s team declines invite….ufb
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Mexico might be next
- Suck it Canada
Epic game! jack Hughes interview after scoring the game winner and losing teeth was solid. He won’t be skipping the White House. Hockey just became America’s sport. Also the team still supporting the guadreau family was amazing Well done!- Border crisis
- The Next President is...
While his son was in the icu from heart failure…apparently his wife begged hum to come home but he wanted to chill w Epstein…..idk why but attia seemed like a dbag with his longevity bs- The Iran thread
So like 20000 have been killed. More than in Gaza but there’s no protesters? I don’t understand?- Greenland
Is trump trying to get Denmark or nato to buy more f35s?- The Next President is...
Chevron, shell, Exxon, p66…..- The Next President is...
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.- The Next President is...
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.- Reasons to despise cops
Shoulder a cop like that and it’s assaulting an officer- UPS MD-11 Crash in SDF
A friend in the cargo world and knows a guy that flew that jet a week ago heard the flight was delayed 2 hrs for engine mx.- The Next President is...
I recall the system goes to communism when all institutions are replaced by the full coop of the people and the system runs itself and there is no need for a govt etc…but full on communism never materialized because shocker nobody wanted to relinquish power money and control.- The Next President is...
Democrats don’t think car jacking matter to Americans https://www.msn.com/en-us/news/opinion/social-media-erupts-after-dnc-speaker-says-migrant-crime-carjackings-don-t-matter-to-many-americans/ar-AA1LccmQ?cvid=31c93be822ad4639a62ec05ea3b5c238&ocid=hpmsn - Suck it Canada
ecugringo
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