Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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They're hitting us with the bat we gave them. Of great concern is our depleted National Oil Reserve which needs to be replenished. Our buying oil to do so will only increase demand and drive prices even higher. You reap what you so.
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#17
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If I or any one of you had stock in an oil company and found out the Board of Directors authorized the sale of our oil at a reduced rate instead of putting it out in the open market… There will be a new Board of Directors. Bottom line oil is a worldwide commodity and the only way you control it.....is by not using it. |
#18
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Last edited by RPDaly; 04-07-2023 at 10:29 PM. |
#19
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I don’t know about interest rates but I heard Russia & S. Arabia are saying they’re going send 1 million less barrels of crude to the U.S. That means we’ll be paying $5. a gal. for gasoline. All Biden & some of the voters can do is smile! What’s your thoughts?
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#20
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Not exactly. Saudi and the other major oil producers are cutting production by 1.15 million barrels per day through the end of 2023. To say that all of the production cut is targeted at the US is not correct. Oil is a global commodity. To put this in perspective and provide some context, the world uses about 100 million barrels of oil per day and the US uses about 20 million barrels of oil per day. The announced cut by Saudi is about 5% of their current production. I believe the US is still the world's largest producer of oil at about 12 million barrels per day.
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Last edited by tuccillo; 04-05-2023 at 08:50 AM. |
#21
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A few years ago we were energy independent and we will be again in the future. If we were energy independent, we wouldn’t care what OPEC does. Now we have to go begging our enemies for energy
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#22
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100% correct !
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#23
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Wind and solar is nowhere near able to do just the energy part, and that will be the case for the rest of our lifetimes, and probably our children too. Throw nuclear into the mix? That would get us much closer, but we've been told it isn't even under consideration. |
#24
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Lol another infraction clickbait thread. Much like a thread on crime. Zip it... zip... zip...
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#25
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The US has oil...
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#26
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Energy independence could be achieved quickly if 70% of all new cars, trucks, and golf carts SOLD were ELECTRIC. It is in the hands of us CONSUMERS - we just have to do the right thing for ourselves and the air that we breathe.
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#27
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#28
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So tell us, which EV do you own? Which brand of solar panels are on your roof?
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#29
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Gizmo, Planning for the Future is not clickbait. Interested in which direction our economy is headed, and reading the opinions of some educated Villagers is my intention…
Last edited by RICH1; 04-06-2023 at 05:35 AM. |
#30
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Closed Thread |
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