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AddMEonFacebook
Dec 3, 2012

by Cowcaster

redshirt posted:

Don't think so. Once you've built the infrastructure for extraction and delivery, you don't just give it up.

Also, as mentioned, US oil production is a literal weapon in a war against petro states and pseudo petro states like Russia.

It's a double-edged sword, you idiot.

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redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

TEAYCHES posted:

for a liberal you really dont understand how markets work

There are political reasons as well as economic at play.

redshirt
Aug 11, 2007

Reporting for shovel mission Sir.
Welp! Oil's hit 35$ a barrel. Shut it all down boys, we're finished.

TEAYCHES
Jun 23, 2002

AddMEonFacebook posted:

OPEC has high tech oil producers by the balls, they could literally drop the price to 10 cents/gallon and make a profit still.

ehhh its a war of attrition



opec states spend a fuckload of money and its all dependent on oil revenue

AddMEonFacebook
Dec 3, 2012

by Cowcaster

redshirt posted:

Welp! Oil's hit 35$ a barrel. Shut it all down boys, we're finished.

For the love of God, please shut down the prison-military idustrial complex.

Ride The Gravitron
May 2, 2008

by FactsAreUseless
When will you cowardly liberals learn that the only way to teach them anything is with a nuke up their rear end?

AddMEonFacebook
Dec 3, 2012

by Cowcaster

TEAYCHES posted:

ehhh its a war of attrition



opec states spend a fuckload of money and its all dependent on oil revenue

Like the US has a balanced budget?

Top City Homo
Oct 15, 2014


Ramrod XTreme

dad gay. so what posted:

:siren: im making GBS threads in the toilet :siren:

HAHAAHAHA classic dad gay. so what

AddMEonFacebook
Dec 3, 2012

by Cowcaster

Volume posted:

When will you cowardly liberals learn that the only way to teach them anything is with a nuke up their rear end?

We're heading to a new cold war with Russia. How would you like a nuke up your rear end?

TEAYCHES
Jun 23, 2002

AddMEonFacebook posted:

Like the US has a balanced budget?

its not a good comparison. oil is measured in the united states dollar - we are playing with god mode. in any case it's a matter of crying uncle before capitalists in their respective markets wont play or go bankrupt

AddMEonFacebook
Dec 3, 2012

by Cowcaster

TEAYCHES posted:

its not a good comparison. oil is measured in the united states dollar - we are playing with god mode. in any case it's a matter of crying uncle before capitalists in their respective markets wont play or go bankrupt

lol bullshit

redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

AddMEonFacebook posted:

For the love of God, please shut down the prison-military idustrial complex.

Oil is part of the MIC and thus America will not give up its new found oil production capacity regardless of how cheap oil gets.

Does that mean investment in new oil sources might be slowed? Sure, but that's well down the road. Fracking/tar sands/raping the Earth to squeeze every loving drop of oil is the future, and with the infrastructure in place, America/Canada/Mexico/Everyone will go at it for as long as it lasts.

Then, at the end, we have another Road Warrior reboot, but for real.

Venom Snake
Feb 19, 2014

by Nyc_Tattoo
I just want to see russia try and invade eastern europe only to get humiliated by Poland. pretty sure everyone in russia would kill themselves if they lost a war to poland.

TEAYCHES
Jun 23, 2002


look at whats happening to russia right now and tell me that energy markets and a lower crude oil price dont have market consequences

boom boom boom
Jun 28, 2012

by Shine

redshirt posted:

Oil is part of the MIC and thus America will not give up its new found oil production capacity regardless of how cheap oil gets.

Does that mean investment in new oil sources might be slowed? Sure, but that's well down the road. Fracking/tar sands/raping the Earth to squeeze every loving drop of oil is the future, and with the infrastructure in place, America/Canada/Mexico/Everyone will go at it for as long as it lasts.

Then, at the end, we have another Road Warrior reboot, but for real.

I never understood the Road Warrior. If gas is so precious, why do they all drive all the time? Shouldn't they be on horseback or bicycles or something?

Justin Tyme
Feb 22, 2011


Wicker Man posted:

It's kinda neat in a way how that whole situation in the Ukraine allowed us an opportunity to wither and destroy the big scary "Red Menace" in a way that didn't involve war.

I'm pretty dumb about this kind of international stuff, but are the sanctions part of the reason why gas is getting so cheap recently?

this right here, all we gotta do is continue shipping over weapons to the Ukrainians and keep Russia bogged down to give their economy the knockout punch

Whooping Crabs
Apr 13, 2010

Sorry for the derail but I fuckin love me some racoons

chaosbreather posted:

the ruble is halved? ay, there's the rub.

You see that joke doesn't work, instead you made a three-fifths compromise

Pivotal Lever
Sep 9, 2003

cold war, cold war never changes

TEAYCHES posted:

look at whats happening to russia right now and tell me that energy markets and a lower crude oil price dont have market consequences

market != political, i hope this helps your worldview

Pivotal Lever fucked around with this message at 04:14 on Dec 18, 2014

TEAYCHES
Jun 23, 2002

i mean russia keeps producing gas and oil?? why is this crashing their economy??? im a loving retard!!

Noblesse Obliged
Apr 7, 2012

boom boom boom posted:

I never understood the Road Warrior. If gas is so precious, why do they all drive all the time? Shouldn't they be on horseback or bicycles or something?

dude. they live in the suburbs they have no choice okay?

Pivotal Lever
Sep 9, 2003

TEAYCHES posted:

i mean russia keeps producing gas and oil?? why is this crashing their economy??? im a loving retard!!

it's because russia's budget is based on oil being $100 a gallon, do you hate facts and analysis or do you just like making GBS threads on the united states

redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

boom boom boom posted:

I never understood the Road Warrior. If gas is so precious, why do they all drive all the time? Shouldn't they be on horseback or bicycles or something?

Display of power/influence.

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->

boom boom boom posted:

I never understood the Road Warrior. If gas is so precious, why do they all drive all the time? Shouldn't they be on horseback or bicycles or something?

why are humans dumb dumb and cant figure out any form of powered locomotion that doesnt use fossil fuels or muscle

TEAYCHES
Jun 23, 2002

Pivotal Lever posted:

it's because russia's budget is based on oil being $100 a gallon, do you hate facts and analysis

so are a ton of investments in tar sands and fracking. do you think that the american economy is a giant balanced spreadsheet? why do you think the oil boom of the 80s ended violently. the individual energy market loving collapsed, whatever the strength of the american economy otherwise in other sectors. yeah, nations with diversified economies arent gonna crash because of low oil prices, but energy sectors will

this has happened before, not that long ago oil got cheap again in the 80s and the floor fell out. do you think that the american economy is some single equation of national profit and loss?

Venom Snake
Feb 19, 2014

by Nyc_Tattoo
I'm 100% serious that if anyone thinks the russian army is remotely capable of beating a united eastern europe they are retarded.

AddMEonFacebook
Dec 3, 2012

by Cowcaster

Alexzandvar posted:

I'm 100% serious that if anyone thinks the russian army is remotely capable of beating a united eastern europe they are retarded.

What if they just go crazy and start nuking cities?

Noblesse Obliged
Apr 7, 2012

AddMEonFacebook posted:

What if they just go crazy and start nuking cities?

that would only improve most of them

Venom Snake
Feb 19, 2014

by Nyc_Tattoo

AddMEonFacebook posted:

What if they just go crazy and start nuking cities?

then Russia gets owned by the west because they wasted all their nukes on loving eastern europe, then gets owned again when all the radiation blows back into Russia.

AddMEonFacebook
Dec 3, 2012

by Cowcaster

Alexzandvar posted:

then Russia gets owned by the west because they wasted all their nukes on loving eastern europe, then gets owned again when all the radiation blows back into Russia.

I'm pretty sure they have enough to destroy the entire world.

TEAYCHES
Jun 23, 2002

like how much simpler does market economics get than corporations which see a drastic fall in profit will also see a drastic fall in what they can invest for output - a fall in supply, or even going bankrupt if they have too much debt to revenue. its not like fracking is a nationalized business. if energy prices fall further, yes, it will become less profitable to frack and extract oil from tar sands, and so less of it will happen. this happened in the 80s. god drat i hate liberals

redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

Alexzandvar posted:

I'm 100% serious that if anyone thinks the russian army is remotely capable of beating a united eastern europe they are retarded.

What's the state of Poland's military? How about the other former Bloc countries?

redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

TEAYCHES posted:

like how much simpler does market economics get than corporations which see a drastic fall in profit will also see a drastic fall in what they can invest for output - a fall in supply. its not like fracking is a nationalized business. if energy prices fall further, yes, it will become less profitable to frack and extract oil from tar sands, and so less of it will happen. this happened in the 80s. god drat i hate liberals

Tax breaks, friend.

numberoneposter
Feb 19, 2014

How much do I cum? The answer might surprise you!

anyone got any good tips for russian companies to invest in while they are dirt cheap? like how about a shipping conglomerate that is too international to ever go down?

AddMEonFacebook
Dec 3, 2012

by Cowcaster

TEAYCHES posted:

like how much simpler does market economics get than corporations which see a drastic fall in profit will also see a drastic fall in what they can invest for output - a fall in supply, or even going bankrupt if they have too much debt to revenue. its not like fracking is a nationalized business. if energy prices fall further, yes, it will become less profitable to frack and extract oil from tar sands, and so less of it will happen. this happened in the 80s. god drat i hate liberals

They will also lie about costs and profits.

TEAYCHES
Jun 23, 2002

redshirt posted:

Tax breaks, friend.

tax breaks incentivized the creation of the new american energy market when prices were insanely high, they dont subsidize it when oil drops to $70 a gallon and stays there

AddMEonFacebook
Dec 3, 2012

by Cowcaster

numberoneposter posted:

anyone got any good tips for russian companies to invest in while they are dirt cheap? like how about a shipping conglomerate that is too international to ever go down?

Maybe you can invest in their nuclear weapons program.

Torka
Jan 5, 2008

remember when people were saying we'd hit hubbert's peak in like 2008 and oil would be $400 a barrel by now and industrial society would be collapsing

I wish that had happened

TEAYCHES
Jun 23, 2002

AddMEonFacebook posted:

They will also lie about costs and profits.

do you think that global energy markets work like bernie madoff or something

AddMEonFacebook
Dec 3, 2012

by Cowcaster

Torka posted:

remember when people were saying we'd hit hubbert's peak in like 2008 and oil would be $400 a barrel by now and industrial society would be collapsing

I wish that had happened

People don't need oil as much as they thought they did. Turns out we need clean air, clean water, and healthy food more. New technologies are changing other countries while the US is being left behind.

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redshirt
Aug 11, 2007

Reporting for shovel mission Sir.

TEAYCHES posted:

tax breaks incentivized the creation of the new american energy market when prices were insanely high, they dont subsidize it when oil drops to $70 a gallon and stays there

So, you think the North American countries will scale back their new found and productive oil production in the face of cheap prices? And resume imports from the Middle East?

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