Child Groomer, Sexual Predator
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Zeets2 » 09 Dec 2024, 12:58 pm » wrote: ↑
Obviously, someone with as limited a knowledge of basic economics as you have simply doesn't understand the law of supply and demand and how THEY affect prices!
So use your limited cerebral capacity to explain why you think that "pulling costs" don't INCREASE when a demented idiot like Biden raises the fees, restrictions, and regulations on both obtaining the reduced number of drilling leases offered and then on the cost of drilling and fracking itself, as you clearly (and quite stupidly) believe.
Immediately upon Trump's victory, we saw the experts proclaim that the price of oil futures are expected to DROP by as much as $10 a barrel, thanks to the promises made by Trump to increase domestic output significantly and end Biden's idiotic restrictions and regulations as soon as he takes office. And those promises INCLUDE opening up more drilling and fracking in Alaska!
WHY DO YOU THINK THAT IS, NITWIT?
So use your limited cerebral capacity to explain why you think that "pulling costs" don't INCREASE when a demented idiot like Biden raises the fees, restrictions, and regulations on both obtaining the reduced number of drilling leases offered and then on the cost of drilling and fracking itself, as you clearly (and quite stupidly) believe.
you don't know **** about that either...
But you know the break even in 2020 and 2024.
They suggest to you that, ceteris paribus, nothing that Biden has done has materially changed the cost of drilling in ANWR.
This is beyond your comprehension because you know nothing about such fees and royalties.
Because you're a moron.