MUST READ IN THE NEWSLETTER:
Oil and gas executives just gave scathing comments on this administration and the state of the industry>
Read the full thing here from @tracyalloway.bsky.social https://www.bloomberg.com/news/newsletters/2025-03-27/say-hello-to-nil-baby-nil-in-the-oil-patch?srnd=phx-oddlots
Oil and gas executives just gave scathing comments on this administration and the state of the industry>
Read the full thing here from @tracyalloway.bsky.social https://www.bloomberg.com/news/newsletters/2025-03-27/say-hello-to-nil-baby-nil-in-the-oil-patch?srnd=phx-oddlots
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Comments
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#Trump “drill baby drill” rhetoric has been met with rolling eyes, as it’s the market determines the price of a barrel of WTI & CapX drilling budgets!
The “erratic variable”will likely disrupt US onshore drilling🔜
BUT
these oil companies just bankroll all of us on their way to trillions of $ in profits quarterly during the pandemic + after!
Obscene profits at our expense.
Maybe these fuckers need to make only BILLIONS in profit/quarter now, by NOT raising prices
Whose side are they on?
Choose
Naaawww ... did the oil co. execs not getting what the bargained for by helping Trump back into the WH?
lmfao 🤣
Now, MAGA and Non-MAGA, MUST Stand Together, To Save America.
ALL #American Families Know Someone Who
1) Depends On Social Security Checks, and/or 2) Has A Family Member With Special Needs.
TOGETHER - ALL AMERICANS NEED TO "VOTE U.S. BACK"!
🇺🇸 🗽
“…WTF do you mean he’s going to make cars too expensive to buy and maintain?!?”
Never trust a guy who has gone bankrupt, what, 6 times?
Yeah, just the kinda guy I'd give money to IF I were stupid.
#TrustIsForSuckers
The US will be 100% alone in this world.
Anyone think Trump is trying to create his own hermit state like North Korea?
My (non-American) assumption is that the left is much more heavily armed.
This is functionally equivalent to "throw out immigrants, but don't cut my Medicare/Medicade/Social Security etc."
Nobody knows more about oil drilling than he does
They supported and endorsed him
They get what they deserve
1. They are complaining about suppliers using replacement cost pricing, when they use stock market pricing to determine oil & gas prices LOL
2. Idiocracy is assuming that more drilling more= lower costs.
They are all in FO stage. To pad their balance sheets they made a deal with the devil
I do enjoy the leopards feasting on most of the fossil fuels industry, but unfortunately they'll pass all that pain on to the consumers while making back channel fortunes off a recession.
Because it’s not just Trump
It’s Trump as a catalyst for this Heritage Foundation Project 2024 shit
Anyway.
Poor survey results—->no more surveys.
Administration calls in cost savings…but we know.
And these geniuses actually took the biggest liar in history at his word.
🤣🤣🤣
But my bet’s the bluntness starts in reports issued from the second quarter of 2025 on.
https://archive.is/i2xcf
Maybe free trade is more valuable than superficial diesel engine culture or eliminating green energy subsidies.
Like he cares I guess! He’s mooching off of us for 4 years.