Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "$7/gallon gas is coming"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous] American oil production is at all time highs. When you hear news about "the dems holding leases' - those leases take DECADES to develop and have nothing to do with current oil and gas prices. By the time anyone would need that fossil fuel, we likely will be mostly on renewables and electric cars with little to no need to continue to destroy the environment or our air for the damage of fossil fuels. But go on and complain about it as if you are an expert.[/quote] For oil companies, every barrel drilled is a barrel they cannot sell in the future. If you open up more leases, that increases the future supply, and lowers the future price. This changes the oil company calculation regarding what to sell now.[/quote] Not when you are talking 10-20 years down the road, and with renewables and EV coming on line, the demand for oil will continue to fall. So no, not really.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
