Saturday, October 16, 2021

If The Supply Chain Issues Are So Bad .... October 16, 2021

Good morning, roughnecks. In case you missed it: MOAR drilling.

3 comments:

  1. https://twitter.com/MOAR_Drilling/status/1449200951580151812

    And note that spreads are up 5 as well. Still insane that it is taking $80 oil to do this. Under Trump, $60 would drive a similar rise. We are still suffering from the anti US oil Brandon regime

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    Replies
    1. Agree, 1000%. But if E&P companies were making money at $60, imagine what they are coining at $80?

      Be prepared for "windfall profit taxes" on oil companies to help pay for the new "New Green Deal."

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  2. Well, if they get to look at my account for anything over $600, they are for sure gonna know where my income comes from. Would surprise me when extra oil tax is add to my 1040, just because they can

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