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Joined: Dec 2004
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Campfire Ranger
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Campfire Ranger
Joined: Dec 2004
Posts: 20,379 |
Peek away, kook. Everyone knows you do it..
I replace valve cover gaskets every 50K, if they don't need them sooner...
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Joined: Oct 2005
Posts: 13,065
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2005
Posts: 13,065 |
Sadly, I'm getting responses mainly from the "blank page bunch," so if cogent responses are being given, I'm missing them.  It's not the so called "blank page bunch" , it is your inability to keep up. Go unplug the clothes dryer & plug yourself into the socket then just maybe you won't be so dim. Mike
Always talk to the old guys , they know stuff.
Jerry Miculek
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Joined: Nov 2007
Posts: 47,131
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2007
Posts: 47,131 |
oil company's are not in the habit of throwing money away on stuff that doesn't work. Absolutely.. It boggles my mind how capital intensive this stuff is. i cost on average about 150,000 a day to produce one of those wells after its been fracked.
God bless Texas-----------------------
Old 300
I will remain what i am until the day I die- A HUNTER......Sitting Bull
Its not how you pick the booger..
but where you put it !!
Roger V Hunter
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Joined: Jun 2002
Posts: 131,556
Campfire Sage
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OP
Campfire Sage
Joined: Jun 2002
Posts: 131,556 |
oil company's are not in the habit of throwing money away on stuff that doesn't work. Absolutely.. It boggles my mind how capital intensive this stuff is. i cost on average about 150,000 a day to produce one of those wells after its been fracked. Are you guys (speaking of Loco and STX) agreeing with Keiser?
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Joined: Nov 2006
Posts: 34,261
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2006
Posts: 34,261 |
What a bunch of crap. I live in fracking country. Hell in Billings they are building a 854 million refinery because of fracking. Do you have a specific response to Max Keiser's arguments regarding the actual economics of it? According to him, if I understand what he's saying, all of the profits from fracking go to paying the interest on the corporate debt, and that's with historically low interest rates, which are unsustainable. I didn't listen to all of it because I hear that crap all the time. We have oil and gas because of fracking. Without fracking gas would $8.00 to $10.00 gallon. These are the same kind of nuts that say there is global warming even when the polar ice is growing. Dumb ass liberals.
Don't vote knothead, it only encourages them. Anonymous
"Never underestimate the power of stupid people in large groups." Anonymous
"Self-reliance, free thinking, and wealth is anathema to both the power of the State and the Church." Derby Dude
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Joined: Oct 2002
Posts: 96,121
Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 |
I pray to God daily that you know SOMEONE that will be nice enough to post when you kick the bucket.
"Dear Lord, save me from Your followers"
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Joined: Jun 2002
Posts: 131,556
Campfire Sage
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OP
Campfire Sage
Joined: Jun 2002
Posts: 131,556 |
What a bunch of crap. I live in fracking country. Hell in Billings they are building a 854 million refinery because of fracking. Do you have a specific response to Max Keiser's arguments regarding the actual economics of it? According to him, if I understand what he's saying, all of the profits from fracking go to paying the interest on the corporate debt, and that's with historically low interest rates, which are unsustainable. I didn't listen to all of it because I hear that crap all the time. We have oil and gas because of fracking. Without fracking gas would $8.00 to $10.00 gallon. These are the same kind of nuts that say there is global warming even when the polar ice is growing. Dumb ass liberals. He made a very specific economics argument. That's the argument that would need refutation.
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Joined: Oct 2002
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Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 |
"Dear Lord, save me from Your followers"
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Joined: Jul 2009
Posts: 14,076
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2009
Posts: 14,076 |
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Joined: Jun 2002
Posts: 131,556
Campfire Sage
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OP
Campfire Sage
Joined: Jun 2002
Posts: 131,556 |
Heavywalker, I believe you're capable of cogent discussion. Can you refute Keiser's argument?
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Joined: Dec 2004
Posts: 20,379
Campfire Ranger
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Campfire Ranger
Joined: Dec 2004
Posts: 20,379 |
I pray to God daily that you know SOMEONE that will be nice enough to post when you kick the bucket. Or goes in on charges..
I replace valve cover gaskets every 50K, if they don't need them sooner...
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Joined: Jul 2009
Posts: 14,076
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2009
Posts: 14,076 |
Heavywalker, I believe you're capable of cogent discussion. Can you refute Keiser's argument? I am not wasting 25 minutes of my life watching that. So I will have to bow out of the cogent discussion on this one.
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Joined: Sep 2003
Posts: 23,406
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,406 |
You'd have to dive into the balance sheets of those companies to refute what he is saying.
Basically he's saying that fracking is a hoax because it's not profitable to get oil/gas via fracking. The do it because they "make" money doing it, but in the end the companies are adding debt to make that "profit".
I got that out of the first 5 minutes.
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Posts: 1,972
Campfire Regular
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Campfire Regular
Joined: Apr 2009
Posts: 1,972 |
Around here the natural gas industry went from nothing to booming in less than ten years. There are a few groups of people who argue that tracking tainted their well water. The other day there was an article in the local paper stating "there's been no scientific evidence that tracking has ruined any wells"
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Joined: Nov 2007
Posts: 47,131
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2007
Posts: 47,131 |
God bless Texas-----------------------
Old 300
I will remain what i am until the day I die- A HUNTER......Sitting Bull
Its not how you pick the booger..
but where you put it !!
Roger V Hunter
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Joined: Feb 2011
Posts: 26,389
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 |
We have oil and gas because of fracking. Without fracking gas would $8.00 to $10.00 gallon Lol. Hyperbole much? JFC.
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Joined: Mar 2008
Posts: 18,994
Campfire Ranger
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Campfire Ranger
Joined: Mar 2008
Posts: 18,994 |
Keiser's argument seems compelling, but I'm waiting to hear the counter arguments. Some of us are waiting to hear your counter arguments on a whole bunch of stuff...
Leo of the Land of Dyr
NRA FOR LIFE
I MISS SARAH
“In Trump We Trust.” Right????
SOMEBODY please tell TRH that Netanyahu NEVER said "Once we squeeze all we can out of the United States, it can dry up and blow away."
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Joined: Feb 2009
Posts: 11,914
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 11,914 |
Not much sweeter than a few v-12 Detroits going strong.
Unless you are the one manning one when it plugs off.
Less than 3 miles south of my place they are putting in about 12 wells.
For a while they had 2 going head to head to finish up the wells.
They were for 2 different company's.
I find it hard to believe that the only benefit is to a balance sheet,when my mother-in-laws royalty checks keep going up due to increased production.
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Joined: Jun 2012
Posts: 17,098
Campfire Ranger
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Campfire Ranger
Joined: Jun 2012
Posts: 17,098 |
i spent the last 3 weeks on 8 wells for penn virginia. In Pa Rog?
The government plans these shootings by targeting kids from kindergarten that the government thinks they can control with drugs until the appropriate time--DerbyDude
Whatever. Tell the oompa loompa's hey for me. [/quote]. LtPPowell
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Joined: Dec 2007
Posts: 11,201
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2007
Posts: 11,201 |
Maybe Max is trying to short sell oil companies? Isn't he some kind of environmental activist?
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