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."

      Delete
  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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