Author Topic: Biden’s Gas Crisis (Read 110345 times)

CountValentine · « **Reply #140 on:** November 18, 2021, 11:23:10 AM »

Quote from: AsherO on November 18, 2021, 11:19:55 AM

Environmental concerns aside (though those should certainly be a factor here too), can those 264bbl be extracted in a cost effective way using current techniques?

I am not sure. If I was charge I would announce in ten years we will not import any oil. Make it illegal.
There are times I wish you knew who was around.

yelped · « **Reply #141 on:** November 18, 2021, 11:27:32 AM »

Taken yesterday in LA (tbh, this was the most expensive place that I noticed, many were in between 4.59-5.39, though the mainstream brands were higher).

aygart · « **Reply #142 on:** November 18, 2021, 12:32:57 PM »

Quote from: AsherO on November 18, 2021, 11:19:55 AM

Environmental concerns aside (though those should certainly be a factor here too), can those 264bbl be extracted in a cost effective way using current techniques?

The issue here stems from previous over supply bringing the price below the cost of extraction.

AsherO · « **Reply #143 on:** November 18, 2021, 04:56:09 PM »

Quote from: aygart on November 18, 2021, 12:32:57 PM

The issue here stems from previous over supply bringing the price below the cost of extraction.

Maybe I should ask the question differently. At what price point can we profitably extract 264bbl?

aygart · « **Reply #144 on:** November 18, 2021, 04:59:22 PM »

Quote from: AsherO on November 18, 2021, 04:56:09 PM

Maybe I should ask the question differently. At what price point can we profitably extract 264bbl?

I am not familiar enough with petroleum, but Natural Gas has a break-even of about $3.00 which is about 65% of where it is right now.

simple26 · « **Reply #145 on:** November 23, 2021, 09:28:27 AM »

https://www.whitehouse.gov/briefing-room/statements-releases/2021/11/23/president-biden-announces-release-from-the-strategic-petroleum-reserve-as-part-of-ongoing-efforts-to-lower-prices-and-address-lack-of-supply-around-the-world/

yesitsme · « **Reply #146 on:** November 23, 2021, 08:29:42 PM »

https://twitter.com/omriceren/status/1463236660943065092

CountValentine · « **Reply #147 on:** November 23, 2021, 08:43:56 PM »

Unlike covid where the US had the worse numbers that is not the case with gas prices.

yesitsme · « **Reply #148 on:** November 23, 2021, 08:50:29 PM »

Quote from: CountValentine on November 23, 2021, 08:43:56 PM

Unlike covid where the US had the worse numbers that is not the case with gas prices.

wrong thread

CountValentine · « **Reply #149 on:** November 23, 2021, 08:53:02 PM »

Quote from: yesitsme on November 23, 2021, 08:50:29 PM

wrong thread

Is there a facts thread?

yesitsme · « **Reply #150 on:** November 23, 2021, 08:57:20 PM »

מה ענין שמיטה להר סיני

CountValentine · « **Reply #151 on:** November 23, 2021, 09:04:22 PM »

מה זה מאתמול לא היום

avromie7 · « **Reply #152 on:** November 23, 2021, 09:52:22 PM »

Quote from: yesitsme on November 23, 2021, 08:57:20 PM

מה ענין שמיטה להר סיני

Google translate is funny.
(The point of this quote is to say what does one have to do with the other)

Quote from: CountValentine on November 23, 2021, 09:04:22 PM

מה זה מאתמול לא היום

sorry, I'm not understanding

yesitsme · « **Reply #153 on:** November 23, 2021, 11:03:25 PM »

Quote from: avromie7 on November 23, 2021, 09:52:22 PM

Google translate is funny.
(The point of this quote is to say what does one have to do with the other)
sorry, I'm not understanding

What is the matter of a bed at Mount Sinai
I understand why google translates it that way, it uses מיטה as the shoresh

Quote

מה עניין שמיטה אצל הר סיני
מה ענין פסחים אצל גיטין

is a common term in the Talmud when someone mentions something that's totally unrelated
הר סיני = Mount Sinai
שמיטה = Shmita

now I'm left scratching my had what English words did @CountValentine try to translate that you got that as a result

CountValentine · « **Reply #154 on:** November 24, 2021, 12:39:05 AM »

Quote from: yesitsme on November 23, 2021, 11:03:25 PM

now I'm left scratching my had what English words did @CountValentine try to translate that you got that as a result

לראות שני גבעות עולים במעלה הגבעה

zh cohen · « **Reply #155 on:** November 24, 2021, 10:38:02 AM »

Quote from: CountValentine on November 23, 2021, 08:53:02 PM

Is there a facts thread?

Not on the politics board.

CountValentine · « **Reply #156 on:** December 03, 2021, 01:09:46 PM »

https://www.msn.com/en-us/money/markets/biden-gets-a-break-on-oil-and-gas-prices/ar-AARoSYx?ocid=msedgdhp&pc=U531

Yehudaa · « **Reply #157 on:** December 05, 2021, 08:12:04 PM »

Just saw this while filling up tonight.

Kobe Bryant · « **Reply #158 on:** December 08, 2021, 09:53:23 PM »

Kobe Bryant · « **Reply #159 on:** January 16, 2022, 02:38:47 PM »

Gas prices dipped slightly in New Jersey and remained unchanged around the nation despite an increase in crude oil prices.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.37, down a penny from last week. Drivers were paying an average of $2.51 a gallon a year ago at this time.

The national average price for a gallon of regular gasoline was $3.30, unchanged from last week. Drivers were paying $2.36 a gallon on average a year ago at this time.