Judge Quietly Approves Trump’s Repeal Of Obama-Era Fracking Rules Amid Pandemic

You quoted my statement "and a coming long term recession" and then started writing rubbish about predictions made in January as if that was relevant to what is happening now.

 

What are you going on about! We are talking about the here and now, not what happened BEFORE!

 

So are we, why the dodging?

 

Predictions from January is not the here and now!

 

The situation in January is quite germaine to the discussion here.

 

It is not at all germane to the statement "Coming long term recession"

 

To what is being discussed quite germaine and speaks to the underlying economy.

 

Where did the government take over the means of production?

 

Have you stopped driving a car.? Do you live in a 400 square foot house? What exactly have you done to improve the planet?

 

The underlying economy of the world is not going to recover for some years - there will be a global recession

 

We have 714 million barrels in storage. One source said the US consumes 20 million barrels a day.

We should quadruple its size.

https://www.energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve

 

Situations change-this is about strategic energy independence.

 

I bet Obama ran straight into Michelle's arms when he heard about this.

With lots of tears.

 

This is totally different. We didn't crash the global markets with risky speculation, yet OUR money bailed them out.

WE simply obeyed the government's instructions to shelter in place, and now a portion of what WE PAY the government is being returned to us. The government has no money other than what we give them.

Your claims are an absurd attempt at gotchaism. It's nearly beyond belief that you would conflate the two entirely different scenarios.

The anti-Trumpers biggest fear is that this will work and give America the power to weather this terrible storm and emerge to return to our natural state of greatness, hardly missing a beat.

 

I bet he doesn't even care. He's sitting pretty in his mansion in Hawaii smoking some good sticky Puna bud from the big island.

 

The sky is the limit.

We have at least 200 years of oil reserves left.

But we will likely move to other ways as we discover other means of energy.

One day we will look back fondly, but perhaps not today.

As of now, lets just be happy with cheap energy.

 

It will here before anywhere else and if the rest of the world adopts our conservative economic policies the quicker there.

 

Looks like the plan now is to lease out space as we are running out of conventional places to put crude. I wonder why they have not talked about buying crude in the phase four relief bill if it was rejected in the phase 3. A couple billion in 4+ trillion is not very much.

 

We have room for another 165 million barrels. Trump's looking to add 75 million barrels immediately given that the price is at all time lows.

June delivery of WTI (West Texas Intermediate) just touched $6.50 a barrel.