Gas Prices Soaring Nationwide

For those who want to know the truth, here you go.

 

1.  Click on the link

2.  Scan to the bottom of the page.

3.  Click on "Fiscal year 2022 statistics.

4.  Click on documents

5.  View the various documents and pay special attention to the years Trump was in offfice vs Obama and Biden years.

6.  Wait for Kevin to tell us that this government data doesn't count.

 

https://www.blm.gov/programs-energy-and-minerals-oil-and-gas-oil-and-gas-statistics

 

 

Too many government facts for you guys?

No one really gives a shit about your narrative, Professor.

Originally posted by: Boilerman

Too many government facts for you guys?


Yes!   More importantly, its too much for you too which is why you didnt present any.    Your new point is to ask us to research data on the BLM website?  LOL.     Presuming you did so already (you didnt) you could easily articualte your findings here instead of asking us to do it for you.    And we know what that means, dont we?  Boilerman made shit up.

 

But entertain us - What specific data did you conclude from your vast research which is just a link to the BLM homepage?

We know its not BPD....cause you already got slam dunked on that.

We know its not Rig count...cause you you got slam dunked on that.

ANd we know its not oil leases.....cause you got slam dunked on that.

 

So....what is the bombshell peice of data you learned about but are too afraid to say?   


Boiler is desperately flailing to back up his idiotic assertion that Biden is inhibiting oil production. When you ask him to prove that assertion, he weasels.

 

Never trust a lyin' Con. Never trust a Trump worshipper. Boiler is an idiot.

Edited on Mar 3, 2023 2:12pm

BLM is the agency which sells oil leases, and regulates oil drilling on public lands.....regardless of what PJ tells us.  Since you guys are too lazy to look at my link, here is lease sale data for land based drilling by year.  Offshore data is similar.  This data is not cherry picked like the information the PJ provides.

 

2012          1729

2013          1468     

2014          1157

2015            852

2016            520

2017            902

2018          1333

2019          1841

2020            899

2021            407

2022            120

 

1.  Wells have a lifespan, just like people.  Older oil wells can be stimulated via fracking and acidizing, but just like a successful open heart surgery on a 65 year old man, old men and old wells are getting close to death.

 

2.  Lease sales and rig counts are the best ways to measure how much new drilling is happening.  Oil production, is not a good measure of this.

 

3.  Biden's words and policy has pushed lease sales to extremely low levels.  Rig counts are running 780, and with current oil prices rig counts should be 2000.  For those who don't know, the "rig count" is the number of drilling machines that are actually drilling at this moment.  There are about 1500 drilling rigs sitting in wait for a job, but few jobs are to be had.

 

4.  Now, click on this link, scan to the bottom of the page, and click on the first spreadsheet.  This offers a great, non-cherry picked, view of what's happening and what's happened over the past decade in oil well drilling.  https://www.blm.gov/programs-energy-and-minerals-oil-and-gas-oil-and-gas-statistics

Edited on Mar 4, 2023 2:42am

Historical rig count data by month

 

In my Oil and Gas 102 class, we can talk about how oil prices have effected rig counts and oil drilling lease sale volumes over time.  We have a problem, howover, since our resident Liberals are failing Oil and Gas 101.  Anyone who believes that rig count is a good measure of oil production gets an automatic F.

Edited on Mar 4, 2023 3:36am
Originally posted by: Boilerman

Historical rig count data by month

 

In my Oil and Gas 102 class, we can talk about how oil prices have effected rig counts and oil drilling lease sale volumes over time.  We have a problem, howover, since our resident Liberals are failing Oil and Gas 101.  Anyone who believes that rig count is a good measure of oil production gets an automatic F.


You're neither knowledgable nor intelligent enough to teach anyone about anything. You style yourself as a fossil fuel expert, but the stuff you say is simply nonsense.

You Liberals should be embarassed after telling us that rigs counts being down and production being up is imposible and a contradiction.  In this one argument, you immediately lost all credibility and proved your ignorance even the most simple concepts.

I never said anything of the sort.   Again, you brought those metrics up....and I showed the data that proved you wrong which is why you keep changing the topic.  Record output and rig count by year for the last 10 years is cherry picked?      

 

Now you are changing the topic to "new drilling".    Cause the existing output isnt the way you measure output....its how many new places the oil companies are going to.  WTF?    ANd thats the biggest bullshit of all.    The oil companies have complete descretion and control over how long existing sites will produce.   And how many new sites they need going forward.      

 

So unless you can show me how Joe Biden is not allowing them to produce the amounts they want to (you havent in 25 pages of this thread now) then you have nothing.     And the record output prioves you to be wrong.

 

I'll say it again - We currently have record output.  We are forecasted to have even more record output over the coming  year.   Does Boilerman disagree with this forecast?   Boilerman did disagree with that forceast at this time last year and was embarassingly refuted by real time data.   And he will be again in 2024.

 

 

Edited on Mar 4, 2023 9:05am
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