Unreconcilable?

[Ben Lamb]

View attachment 201234

 

[JLS]

 

[BigHornRam]

Part of me hopes so, it would raise the stock price of my former employer. Kidding, sorta, maybe mostly.

There are still cards to play. One would be tapping into the Strategic reserve. I'm not sure how I feel about doing that. That would partly answer any oil shortage.

Visiting with a neighbor recently, he works in the Bakken, he said they are very busy. A bottleneck...replacing all of the people from the layoff when prices dropped.

It would not shock me to see prices quite a bit higher. I'm old enough to have lived thru the Arab oil embargo and all that entailed. So it seems like another lap around the track.

70's all over again. I've been saying that for awhile.

 

[BigHornRam]

The strategic reserve is kind of like the ultimate prepper having a full propane tank hooked up to a generator just incase the natural gas and electric supply goes down.

 

[Ben Lamb]

The strategic reserve is kind of like the ultimate prepper having a full propane tank hooked up to a generator just incase the natural gas and electric supply goes down.

Back to agreement.

It's stupid to release the strategic reserve in order to reduce gasoline prices.

 

[BigHornRam]

Back to agreement.

It's stupid to release the strategic reserve in order to reduce gasoline prices.

Only to fill it back up with Saudi oil at $20 more a barrel in a couple months.

 

[Ben Lamb]

Only to fill it back up with Saudi oil at $20 more a barrel in a couple months.

Oil is a global commodity. Where else would they get it from? The article you posted shows that US exports are pretty well under contract.

 

[BWALKER77]

Markets have spoken and gas beats coal by a mile. NextGen nukes better than either.

Yea, no. The market was distorted by a concerted effort to chose winners and losers.
And next gen nukes don't currently exist. Plus leftists tree huggers hate nukes as much as coal plants.

 

[Ben Lamb]

Yea, no. The market was distorted by a concerted effort to chose winners and losers.

I hate it when that happens.

 

[BigHornRam]

Oil is a global commodity. Where else would they get it from? The article you posted shows that US exports are pretty well under contract.

We could take our boot off the throat of the poor misunderstood Iranians.

Democrats can sanction Iran’s oil without tanking negotiations—and they should

The Joe Biden administration can negotiate and sanction at the same time, and it should take advantage of the flexibility of US sanctions policy to drive down Iran’s oil exports, which have crept up over the past year.

www.atlanticcouncil.org

 

[406dn]

Yea, no. The market was distorted by a concerted effort to chose winners and losers.

Society has every right to distort a market, if they decide it is in the public interest.

There is hardly an area where a thumb is not on the scale somewhere, from someone. Is agriculture a free market, without subsidies? Are tariffs not a distortion of the market?

 

[BWALKER77]

Society has every right to distort a market, if they decide it is in the public interest.

There is hardly an area where a thumb is not on the scale somewhere, from someone. Is agriculture a free market, without subsidies? Are tariffs not a distortion of the market?

That may be true. Has nothing to do with the fact coal was on the receiving end of a concerted plan to drive it under

I hate it when that happens.

Ben I am all for ending all subsidies and letting the chips fall where they may. You would not like it if that ever happened.

 

[406dn]

That may be true. Has nothing to do with the fact coal was on the receiving end of a concerted plan to drive it under

I'd say it is a perfect example. It obvious that the developed world is trying to move away from coal. We could debate there is no clear path going forward.

Ben I am all for ending all subsidies and letting the chips fall where they may. You would not like it if that ever happened.

It will never happen.

 

[Ben Lamb]

That may be true. Has nothing to do with the fact coal was on the receiving end of a concerted plan to drive it under

Ben I am all for ending all subsidies and letting the chips fall where they may. You would not like it if that ever happened.

A level playing ground hasn't existed since before the teapot dome scandal.

 

[BigHornRam]

The next Wyoming boom town........

Bill Gates-backed experimental nuclear power plant heads to tiny Wyoming city

Officials have announced that Kemmerer, population 2,600, will be the site of a plant featuring a liquid sodium-cooled reactor

www.theguardian.com

 

[Irrelevant]

The next Wyoming boom town........

Bill Gates-backed experimental nuclear power plant heads to tiny Wyoming city

Officials have announced that Kemmerer, population 2,600, will be the site of a plant featuring a liquid sodium-cooled reactor

www.theguardian.com

Let's hope it doesn't follow the trend and bust in a decade or so.

 

[Ben Lamb]

Let's hope it doesn't follow the trend and bust in a decade or so.

Kemmerer is a great little town. The 250 or so permanent, good paying jobs would be fantastic for the community. The 2500 or so imported jobs that will leave post construction won't be too much different than the man camps they're used too.

But there's many a slip twixt the cup & the lip, as William Bonney once said. I'm old enough to remember the Two Elk boondoggle, failed storage proposals and 2 decades of promises of clean coal to have much faith in it until it's actually in operation. Optimism is warranted, but it should be tempered with a realistic expectation based on past rain makers coming to town.

 

[BigHornRam]

Let's hope it doesn't follow the trend and bust in a decade or so.

Invest in one bitcoin or this? I think this is the better gamble.

1000 Sublet Dr, Kemmerer, WY 83101 | 1 photo | MLS #20202782 - Movoto

For Sale: Lot/Land home, $45,000, null Bd, null Ba, 405,544 Acre, $0/Sqft, at 1000 Sublet Dr, Kemmerer, WY 83101

www.movoto.com

 

[Irrelevant]

Invest in one bitcoin or this? I think this is the better gamble.

1000 Sublet Dr, Kemmerer, WY 83101 | 1 photo | MLS #20202782 - Movoto

For Sale: Lot/Land home, $45,000, null Bd, null Ba, 405,544 Acre, $0/Sqft, at 1000 Sublet Dr, Kemmerer, WY 83101

www.movoto.com

maybe, "better" is a helluva qualitative term.

 

[Irrelevant]

Kemmerer is a great little town. The 250 or so permanent, good paying jobs would be fantastic for the community. The 2500 or so imported jobs that will leave post construction won't be too much different than the man camps they're used too.

But there's many a slip twixt the cup & the lip, as William Bonney once said. I'm old enough to remember the Two Elk boondoggle, failed storage proposals and 2 decades of promises of clean coal to have much faith in it until it's actually in operation. Optimism is warranted, but it should be tempered with a realistic expectation based on past rain makers coming to town.

Sure, my point was that WY is the capital of boom and bust. Let's hope this nuke project doesn't bust...