Gas Prices Soaring Nationwide

Who decides whether or not to drill on existing leased sites?

The oil companies.

How many existing leased sites are there that haven't been drilled?

Over four thousand.

At what percentage of capacity are existing leased and drilled sites producing?

Around forty percent.

Who decides to increase capacity on existing leased and drilled sites?

The oil companies.

Why haven't the oil companies increased capacity and/or started to drill new permitted sites?

Because that would ultimately lower gas prices.

Why don't they want that?

Record corporate profits right now!

DUHHHHH, Boiler.

WHo gives a shit? They are only aty 40% capacity oin the leases they already have.   You keep saying they cant increase production unless they get new leases while ignoring the fact they arent even fully  utilizing the ones they have.   Which comes back to another point you made on this thread....drilling isnt produiction.   So, again, who gives a shit?  Its a meangless statistic.

And its also the 5th time on this thread you had to change the subject because your other points all got shot down by data.

And I posted the transcripts from the latest earnings calls where every domestic producer in  the country is putting in new wells on those existing leases in the coming year.   And thats why your fairy tale will be even more wrong this time next year.

Kevin, then why has several consecutive years of high oil prices always led in the past to increased drilling?  Your argument holds no water.

Why would they drill when a president tells them he's going to put an end to fossil fuels?  Please tell me.

How many existing leased sites are there that haven't been drilled?

Over four thousand.

At what percentage of capacity are existing leased and drilled sites producing?

Around forty percent.

Proof? Or another kevin lie

Or...a simple fact that is easily verified, so I'm not going to listen to stupid Tommie-poo's demands.

Wow, Boiler, you really don't understand this...really?

In the short term, there will still be demand for fossil fuels, and they'll sell them at the highest prices they can...using their total control of Republican lawmakers to restrict supply and keep prices nice and high, forcing millions of Americans to ask themselves, "Gas or groceries?"

And please don't repeat that nonsense about how it takes four hundred years after they start drilling to produce any oil.

The ceos have answered you question in all of the earnings transcripts I provided for you.   So the only question is why you pretend like they didn't?

I don't know, Boiler. Why is Jupiter made of tofu?

When you say "Why is..." or "Why does..." followed by a false statement, that makes the question meaningless. Why do you still have sex with sheep, Boiler?

I looked for Kevin's claims, can't find. Once again Kevin can't back up his claims. 

On to Pj. As explained before, it takes years and millions of $ before a well is brought on line. So if the Biden gang is promising to end fossil fuels in 10

years why should a company make the investment?