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Remember our "Convo" about this....Slick?
Posted: Wed Feb 05, 2014 7:02 pm
by Pudfark
Where ya said we didn't have enough oil....so, we had to spend big bucks on "renewable" energy?
Do ya recall...when I cited our known reserves...and ya called BS on that?
Well here ya go....read below:
Calls mount to end ban on oil exports as US production booms
http://www.foxnews.com/politics/2014/02 ... latestnews
Go ahead...call BS on this...
Re: Remember our "Convo" about this....Slick?
Posted: Thu Feb 06, 2014 9:56 am
by callmeslick
production does not equal reserves. To quote Res, 'God, you're stupid'
Re: Remember our "Convo" about this....Slick?
Posted: Thu Feb 06, 2014 1:52 pm
by Pudfark
Seem you need to revisit the "reserves" thingy...it's changed a bunch.
Here's a thought fer you and R_D....Keystone will be built primarily for transporting U.S. oil in the future, with "Canookian" oil as a back up.... Yes, we will buy some contractually from them....but not as much as they think/hope.
Quite likely gas is gonna get cheaper.
Re: Remember our "Convo" about this....Slick?
Posted: Thu Feb 06, 2014 6:58 pm
by callmeslick
sorry, but nothing of significance has changed the available reserves. In fact, if fracking proves to be the geological nightmare it is starting to look like, the available reserve number will plummet. Hint-buy Exxon-Mobil stock.
Re: Remember our "Convo" about this....Slick?
Posted: Fri Feb 07, 2014 2:21 pm
by Pudfark
Well if'n ya don't read, ya don't know.
You go ahead and buy....just keep yer head in the sand for the duration...