President Donald Trump - J.D. Vance Administration

#10,686
#10,686
swampfoxfan said:
There has been thousands of acres available, there just isn't any motivation to drill
Click to expand...
Did you read the articles? Biden closed off over 600,000 acres of drilling. Trump opened them back up. Apparently you question whether Trumps reversing the ban will create more drilling.

And the lack of "motivation" was Biden putting the kabosh on oil leases, even though they were there.

Drilling Down On The Federal Leasing Facts

An breakdown of the Federal leasing myths and facts.
www.api.org www.api.org

But again, you seem to be questioning whether reversing the ban on ~ 625,000,000 acres (and having a president that ran on a policy of increasing drilling) will increase drilling.
 
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#10,688
#10,688
Orange_Crush said:
Did you read the articles? Biden closed off over 600,000 acres of drilling. Trump opened them back up. Apparently you question whether Trumps reversing the ban will create more drilling.

And the lack of "motivation" was Biden putting the kabosh on oil leases, even though they were there.

Drilling Down On The Federal Leasing Facts

An breakdown of the Federal leasing myths and facts.
www.api.org www.api.org

But again, you seem to be questioning whether reversing the ban on ~ 625,000,000 acres (and having a president that ran on a policy of increasing drilling) will increase drilling.
Click to expand...
Ok , revisit 12 months from now and tell the world how many new well have been opened. You will find out the pace of new wells hasn't changed
 
#10,693
#10,693
@swampfoxfan

So now you are concerned with the “pace” of drilling, not whether there is any desire to drill. Nice subtle shift from your otherwise untenable position.

Why else might the pace not change? Maybe because they are already drilling at or near capacity?

Edit: sorry, crush, I quoted the wrong post. I deleted yours, was responding the the tool.
 
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#10,695
#10,695
Ritzwatch said:
Your premise is nonsense, per usual.

Texas alone:

Click to expand...
"There have been lots of leases already"... that Biden defied Congress about and refused to sell. And that means that oil companies don't want to drill.

The claim that oil companies will not want to drill because the oil companies have not been drilling is trash. They had an administration making it clear that they were against drilling. You want to go through those kinds of investments with an administration penalizing oil and stacking the deck for EV?

Now, they have 625,000,000 acres of leases and an administration promising to make the US self-sufficient on oil. But, you know... Let's meet here in a year and discuss all the oil that the oil companies didn't want to drill.

Drilling Down On The Federal Leasing Facts

An breakdown of the Federal leasing myths and facts.
www.api.org www.api.org
 
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#10,700
#10,700
Ritzwatch said:
@swampfoxfan

So now you are concerned with the “pace” of drilling, not whether there is any desire to drill. Nice subtle shift from your otherwise untenable position.

Why else might the pace not change? Maybe because they are already drilling at or near capacity?

Edit: sorry, crush, I quoted the wrong post. I deleted yours, was responding the the tool.
Click to expand...
We all good, hombre.
 
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