Originally posted by: PJ Stroh
Wow ! So Barrack Obama gets the credit for the record oil profits and record output that is happening today?
Thats huge ! You should apoligize for all the nasty, anti-Obama bullshit you said regarding his administration. Or you canfess you're just making shit up as you go along.
This time last year Boilerman said the oil companies could not increase production because of Joe Biden. And they could not bring more oil to market because no Keystone Pipeline. Here we are 1 year later with increased productioin....and record profits despite the absence of that pipeline. How is that remotely possible Boilerman? Explain your failed prediciton.
And its deja vue all over again because the oil companies just reported last week. And they are saying the same things this year they said last year. Boilerman - are these oil execs lying again? And what is going to be your excuse when the data proves you wrong again this time next year?
Chevron forecasts higher production in 2023
Shell forcasts higher production in 2023
Exxon increases production and refining production for 2023
Pioneer increasing production in 2023
EOG increasing production for 2023
I stand corrected. Oil companies can take very temporary measure to stimulate wells. Sleepy has convinced oil companies not to drill. Drilling is the solution for ten years down the road, while oil well stimulation is a good short term fix.