Nobody mentions that were were Energy Independent, how long ago was that again?
Supply Chain Shortages and Inflation
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Re: Supply Chain Shortages and Inflation
When Biden took office.
Now they are predicting Oil going to $180 a barrel. That would probably result in $6 - $7 gas
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: Supply Chain Shortages and Inflation
Wouldn't American sources of oil/gas be opened up if crude oil remains super high like it is now? And wouldn't that eventually help to bring prices down some?
It will be interesting to see if the U.S. sends contractors to Venezuela to help get their oil pumping. It's a disaster there, but we can extract and ship more of their oil too.
The good, the true, & the beautiful
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Re: Supply Chain Shortages and Inflation
No idea.GloryofGreece wrote: ↑Mon Mar 07, 2022 1:46 pmWouldn't American sources of oil/gas be opened up if crude oil remains super high like it is now? And wouldn't that eventually help to bring prices down some?
It will be interesting to see if the U.S. sends contractors to Venezuela to help get their oil pumping. It's a disaster there, but we can extract and ship more of their oil too.
All I can tell is Biden hates American Oil and hates American families
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: Supply Chain Shortages and Inflation
Lol did you come up with that before or after you saw that we’re sending a delegation to Venezuela for oil?GloryofGreece wrote: ↑Mon Mar 07, 2022 1:46 pmWouldn't American sources of oil/gas be opened up if crude oil remains super high like it is now? And wouldn't that eventually help to bring prices down some?
It will be interesting to see if the U.S. sends contractors to Venezuela to help get their oil pumping. It's a disaster there, but we can extract and ship more of their oil too.
Dead-on, if you didn’t know about it already.
https://www.zerohedge.com/geopolitical/ ... late-putin
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Re: Supply Chain Shortages and Inflation
I barely look at news or articles etc. So before. It just seemed like a logical thing to do. Doesn't mean we will do anything sensible, but you get the idea.SuburbanFarmer wrote: ↑Mon Mar 07, 2022 2:21 pmLol did you come up with that before or after you saw that were sending a delegation to Venezuela for oil?GloryofGreece wrote: ↑Mon Mar 07, 2022 1:46 pmWouldn't American sources of oil/gas be opened up if crude oil remains super high like it is now? And wouldn't that eventually help to bring prices down some?
It will be interesting to see if the U.S. sends contractors to Venezuela to help get their oil pumping. It's a disaster there, but we can extract and ship more of their oil too.
https://www.zerohedge.com/geopolitical/ ... late-putin
The good, the true, & the beautiful
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Re: Supply Chain Shortages and Inflation
Well damned good call sir.GloryofGreece wrote: ↑Mon Mar 07, 2022 2:22 pmI barely look at news or articles etc. So before. It just seemed like a logical thing to do. Doesn't mean we will do anything sensible, but you get the idea.SuburbanFarmer wrote: ↑Mon Mar 07, 2022 2:21 pmLol did you come up with that before or after you saw that were sending a delegation to Venezuela for oil?GloryofGreece wrote: ↑Mon Mar 07, 2022 1:46 pm
Wouldn't American sources of oil/gas be opened up if crude oil remains super high like it is now? And wouldn't that eventually help to bring prices down some?
It will be interesting to see if the U.S. sends contractors to Venezuela to help get their oil pumping. It's a disaster there, but we can extract and ship more of their oil too.
https://www.zerohedge.com/geopolitical/ ... late-putin
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Re: Supply Chain Shortages and Inflation
Agreed.
I'm assuming Venezuela is more dysfunctional than it was a few years ago. Sending oil crews down there is likely going to take setting up independent infrastructure and logistics for the workers. Secure lodging, steady food supply, plus independent telecoms. It would be a big project, but not foreign to energy workers. I'd think it would be working on the North Slope. Do your job, stay in the dormitory, can't go anywhere or do anything. Work, make good money for a couple weeks, go home, rinse, repeat.
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: Supply Chain Shortages and Inflation
Tell you right now I'm going to tell any employer, that if gas gets that high, I am going to work from home unless they reimburse me for traveling to work and to home. Gas inflation by 200% is not in the cards when it came to figuring out a salary.
#NotOneRedCent
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Re: Supply Chain Shortages and Inflation
I’m thinking of demanding a raise at some point soon. Got a 1.25% bump when CPI is at 7. This is nuts.The Conservative wrote: ↑Mon Mar 07, 2022 2:58 pmTell you right now I'm going to tell any employer, that if gas gets that high, I am going to work from home unless they reimburse me for traveling to work and to home. Gas inflation by 200% is not in the cards when it came to figuring out a salary.