Drill baby drill.

[swissie]

The "Drillers" in the US need 50$ per barrel. The Saudi's have painted themselves into a corner.  They have kicked off costly mega projects. Just to keep going they need prices above 90$. Donalds 45$ goal not likely.

Alternatively, instead of "drill baby drill" the US should go by "swill baby swill". That way at least Johnnie Walker and the beer breweries would profit and the price of "booze" would be lower, longer term.

 

[candide]

16 hours ago, swissie said:

The "Drillers" in the US need 50$ per barrel. The Saudi's have painted themselves into a corner.  They have kicked off costly mega projects. Just to keep going they need prices above 90$. Donalds 45$ goal not likely.

Alternatively, instead of "drill baby drill" the US should go by "swill baby swill". That way at least Johnnie Walker and the beer breweries would profit and the price of "booze" would be lower, longer term.

 

Drill baby drill was just another slogan for the gullible! 😆

[Lacessit]

It baffles me why Venezuala has the world's richest oil deposits, and also has a government so corrupt and incompetent it cannot utilize them properly. 5 million Venezualans have left the country.

 

The CIA has previous form in Chile, perhaps Trump should put them to work in Venezuala.

 

Cheaper oil, and less economic refugees. Win win. Beats trying to take over the territory of a NATO ally.

 

 

[SunnyinBangrak]

3 minutes ago, Lacessit said:

It baffles me why Venezuala has the world's richest oil deposits, and also has a government so corrupt and incompetent it cannot utilize them properly. 5 million Venezualans have left the country.

 

The CIA has previous form in Chile, perhaps Trump should put them to work in Venezuala.

 

Cheaper oil, and less economic refugees. Win win. Beats trying to take over the territory of a NATO ally.

 

 

One word. Socialism.

 

It ruins every single country that experiments with it. Some quickly others slowly.

[Hanaguma]

Canada is catching the "drill baby drill" fever too, suddenly. Trudeau is pretending to be afraid of an American takeover, and is suddenly advocating new pipelines, new drilling, even more nuclear power.  Obviously trying to make our next election about Trump instead of about himself.  

It is a good idea really. Would you rather buy oil from democratic countries, or the head hackers in the Middle East? LNG from Russia or from Canada?  Oil isn't going away any time in the near future. 

[candide]

4 minutes ago, Hanaguma said:

Canada is catching the "drill baby drill" fever too, suddenly. Trudeau is pretending to be afraid of an American takeover, and is suddenly advocating new pipelines, new drilling, even more nuclear power.  Obviously trying to make our next election about Trump instead of about himself.  

It is a good idea really. Would you rather buy oil from democratic countries, or the head hackers in the Middle East? LNG from Russia or from Canada?  Oil isn't going away any time in the near future. 

Pipelines where?

[Hanaguma]

Just now, candide said:

Pipelines where?

One from Alberta west to British Columbia, called the Northern Gateway. Another across the country east to New Brunswick, called Energy East. 

 

One problem is that Canada's main pipeline producers like Enbridge are reluctant to take part, they got burned before in a maze of over^regulation and delays.  

[candide]

12 minutes ago, Hanaguma said:

One from Alberta west to British Columbia, called the Northern Gateway. Another across the country east to New Brunswick, called Energy East. 

 

One problem is that Canada's main pipeline producers like Enbridge are reluctant to take part, they got burned before in a maze of over^regulation and delays.  

I see.SS

o it seems he wants to bypass U.S. pipelines

 

[placeholder]

1 hour ago, Hanaguma said:

Canada is catching the "drill baby drill" fever too, suddenly. Trudeau is pretending to be afraid of an American takeover, and is suddenly advocating new pipelines, new drilling, even more nuclear power.  Obviously trying to make our next election about Trump instead of about himself.  

It is a good idea really. Would you rather buy oil from democratic countries, or the head hackers in the Middle East? LNG from Russia or from Canada?  Oil isn't going away any time in the near future. 

I'm not sure that the people who actually drill for oil or natural gas would agree with you. But as for Trudeau playing politics, first of all he's not running. And secondly, Canadians overwhelmingly don't trust the US anymore.

[Hanaguma]

16 minutes ago, placeholder said:

I'm not sure that the people who actually drill for oil or natural gas would agree with you. But as for Trudeau playing politics, first of all he's not running. And secondly, Canadians overwhelmingly don't trust the US anymore.

Of course Trudeau is not running. But he IS trying to save his party from abject defeat in the upcoming election.  He is trying the well-used Liberal trick of fearmongering about the USA. And also trying to pave the way for his crony Mark Carney to win the leadership of the party and then the Prime Ministership. 

[Hanaguma]

1 hour ago, candide said:

I see.SS

o it seems he wants to bypass U.S. pipelines

 

Of course, it is only logical. But the ideas have been around for years and he refused to consider them. Instead, he went balls in on 'green energy'. Also tried to usurp the provinces in their control of natural resources. Made it near impossible to open a refinery or LNG terminal.   

 

And now suddenly, he is Mr. Energy.  What a load of horse hockey.

[placeholder]

21 minutes ago, Hanaguma said:

Of course Trudeau is not running. But he IS trying to save his party from abject defeat in the upcoming election.  He is trying the well-used Liberal trick of fearmongering about the USA. And also trying to pave the way for his crony Mark Carney to win the leadership of the party and then the Prime Ministership. 

 "He is trying the well-used Liberal trick of fearmongering about the USA." Are you kidding? Are you actually claiming that Canadians have nothing to fear from Donald Trump?

 

Underpinning the energy issue, the poll found 91 per cent of respondents think Canada needs to reduce its reliance on the U.S. as a trading partner

It found 79 per cent of Canadians agree the country needs to “ensure it has oil and gas pipelines running from sea to sea across the country.”...

Majority support was seen among Canadians of all ages, income and education levels, according to the online poll of 1,811 Canadians, conducted on Sunday and Monday.

https://calgaryherald.com/opinion/columnists/varcoe-canadian-support-sea-to-sea-pipelines-trump-tariffs-threat

[placeholder]

1 hour ago, Hanaguma said:

Canada is catching the "drill baby drill" fever too, suddenly. Trudeau is pretending to be afraid of an American takeover, and is suddenly advocating new pipelines, new drilling, even more nuclear power.  Obviously trying to make our next election about Trump instead of about himself.  

It is a good idea really. Would you rather buy oil from democratic countries, or the head hackers in the Middle East? LNG from Russia or from Canada?  Oil isn't going away any time in the near future. 

And, no, Canada is not "catching the "drill baby drill" fever too". It's problem isn't the amount of oil or gas it produces. The problem is getting it to world markets unimpeded by the USA. This wasn't a rational fear until the advent of Trump 2.