every US oil company is going to go under within the next few weeks to months, leaving a 2 trillion dollar hole in the US economy which will collapse this entire nation, not to mention leaving us with no oil or infrastructure.this is because the breakeven price of oil absent this iran war (which is the cost of extracting and refining the oil) has risen more than the actual price of oil. this means oil extraction is no longer profitable for US companies. worse, the extraction costs of US oil are rapidly rising now, due to our tier-1 fracking fields all being drilled out."drill baby drill" used up all of the usable oil, now there's nothing left.Lehman Brothers was worth about 600 billion when it collapsed in 2008. the end of the US oil sector is going to produce far worse economic catastrophe than that.our main motive for the iran war was to force the strait to close, thereby driving up the cost of oil, and thereby temporarily keeping US oil companies profitable.but this is unsustainable in the long run.worse, our petroleum reserves are now dipping below 300 million barrels, with commercial reserves at roughly 400 million. these are, respectively, the levels at which pumping oil from the caverns becomes more expensive. and this pumping cost will increase with progressively lower levels.like i said, the present problems are unsustainable.we have until about october until the united states fully collapses, permanently.links / sources:breakeven price of oil back from january:>https://www.eia.gov/todayinenergy/detail.php?id=67045official peteroleum reserve inventories:>https://www.energy.gov/hgeo/opr/spr-quick-facts
As much as I want to believe this it sounds like bullshit speculation. "Collapse in 2 more weeks" tier nonsense. They will find some more oil supplies somewhere and/or steal oil from their "allies". Worst case scenario America just prints more money and buys oil from other countries at a higher price.
>>539919499Nothing ever happens. The only thing for certain is that we will be stuck in perpetual limbo suffering. Still having to wake up in the morning and wage slave for pennies making boomers richer.
>>539919499>our>we>usTurn off proxy, Ahmed.
>>539919499>completely collapsePlease describe this. What does "collapse" look like in your imagination? I'm serious.
>>539919499Things aren't nearly that bad
>>539919619I just happen to be one of those retired boomers. Someday you will be in my shoes and there will be youngers working for you. This system has been proven to work. Social Security paycheck deductions work. You'll benefit from it someday as well.
>>539919499Right before it will 'collapse' and oil prices are at its highest they will suddenly 'find' additional oil.
>>539919559just tell me why it's wrong.>Worst case scenario America just prints more money and buys oil from other countries at a higher price.then the country collapses from inflation. it's the same either way. there's no way out of our oil ailments.
>>539919499I'll believe it when I see it.
>>539919499Cool, can't wait to see all the browns flee back to their turdholes, then us whites and asians can work together to build something new. In Neo America immigration will be based on measuring your skin against poo, if your skin matches the poo, down into the sewers with you. TBD>TBDTBD>TBD
>>539919499>>539919619I actually believe it won't collapse because of this. Time and time again I see the most gayest possible outcome happen. It's just a fucking slog. There are no happenings. There's no redemption. Just permanent, maximum gayness. More and more fat, retarded, brown people. More and more gay trannies. Someone looking to lecture me about something. Someone checking in to see what I'm up to because everyone has to be up everyone else's ass. They call it "normal". That's the most fucking gayest-insanest part. This is all "normal", it's all "working as intended". What. the. fuck.This is some sort of torture plain.
>>539919867>>539919559also this....>Worst case scenario America just prints more money and buys oil from other countries at a higher price.wouldn't even actually help, because our oil sector would shut down anyway, and leave this 2 trillion dollar hole in the economy. again, it's lehman bros and 2008. you have no idea what you're talking about. your claim that we'll just "print money and be fine" is materially false, in this instance.
>>539919746>You'll benefit from it someday as wellLolLMAO even The system is inherently unsustainable and you cunts know itYou're trying to exploit it as much as you can while you still can
>>539919906We will take in more immigrants as a result of this collapse. Our capitalist economic system requires them. And as our nation collapses, we'll have to settle for lower-quality immigrants. this is your fault, as rightists, because you are the purveyors of capitalism.
>>539919912just tell me how what i wrote in the OP is wrong.....you can't.
>>539919559Even if we find more sources, it takes time to build the infrastructure, it takes time to actually extract the oil, and then further time to refine it, not to mention the supply chains still have to spend time to get it to the companies that use it for different products created and used here.People often forget how powerful that time crunch is in creating the issues. Even a week delay can be catastrophic, due to second and third order effects.So people will probably mention how we've initiated new US drilling operations on our own land, but again, we have to ask: will that oil actually reach customers and consumers before compounding issues arise?
>>539919735juts tell me how anything i wrote in the OP is incorrect.
to be clear, i despise this country, and will celebrate it's demise.
>>539920005Okay here you go; the gayest fucking outcome: The US Government bailing out oil companies, using tax payer money (that doesn't exist)[printer machines going from mach 10 to mach 99 now], just so that they drill oil. Non-socialist subsidized oil drilling. God bless the US OF GAY. Fuck!Source? A vibe check. The most gayest fucking outcome. Kicking this can further down the road, because fuck it why not. Fuck our fat, retarded, gay, brown future.
>>539920178then the united states collapses from inflation, and currency collapse. either way, the outcome remains identical.
>>539919985Bold of you to assume I have a side kike. I'm just for TKD and TBD, that's not politics, it's preservation of Humanity, something you don't belong to.
>>539920223>then the united states collapses from inflation, and currency collapsethis is extremely likely. buy Bitcoin.
>>539920223This dead gay horse has so many more beatings left in it.
>>539920223>>539920178>Fuck our fat, retarded, gay, brown future.you really built this future yourself, through your racism. the immigration is the result of your capitalism, which racism is used to keep people voting for, and the culture wars are psyops, intended to keep people voting for the right.these are the consequences of your own actions, here on /pol/.you're horrific failures.
>>539919499>The United States will completely collapse within weekssweet, I can get a house then
>>539919499This is clearly a MAJOR HAPPENING
>>539919499damn obama to hell.
>>539920311No, this was caused by jews and the hart-celler act before any of us existed.
>>539920262yup, you have a side, which is republican party politics. whereas you represent the base of republican party politics, here on /pol/. any other claims you have to the contrary are only your own unimpressive, transparent propaganda.further, you blame jews for your own crimes, as fascists, in order to protect yourselves.
>>539920375You're right. America has been in decline since 1906.
>>539920296if the united states begins bailing out it's 2 trillion dollar energy sector, then there are no more beatings left in this horse.it's the end. one way or the other, it's the end.
>>539920005the part where you said something will happen which it wont
>>539920375>>539920402you blame jews for your own crimes, in order to protect yourselves from prosecution. your crimes include open borders, which were fundamentally required for your precious capitalism.
>>539920461did you have a brain injury or something?
>>539919867Not a thing. We have jews selling bonds to foreign governments to keep us afloat.When the US dies, Israel dies.Jews won't allow that. Plus, Jamjeetia would collapse well before us, so would Europe. We don't have to worry until those two are gone.
>>539920178Giving US oil companies infinite monopoly funny money to drill oil as currency hyperinflates, and then when homelessness and debt skyrockets, you just make laws against it and send them to the oil fields
>>539920093>"drill baby drill" used up all of the usable oil, now there's nothing left.is completely wrong>our main motive for the iran war was to force the strait to close, thereby driving up the cost of oil, and thereby temporarily keeping US oil companies profitable.is completely and laughably stupid and retarded
>>539920606>infinite moneymoney doesn't solve physical world problems. that is the lesson being learned by Europe and America right now.
>>539920570your assertion that the United States can just print money to keep a permanently unprofitable oil sector afloat (which we will need to do permanently, since oil will never be profitable in this nation again, at these breakeven prices) is a material falsehood. along with your claims that jews run the united states, where as usual, you blame jews for your own crimes as the political establishment of this fascist nation.
>>539920005>how is my prediction incorrect We aren’t dealing with a genius here it seems
>>539920630you cannot respond to me on the basis of facts. i provided facts and citations in my OP which you're plainly just ignoring.>>539920444you cannot respond to me in any material fashion.
>>539919499Alright then
>>539920712kys retardsage
>>539920709you cannot respond to me in any material fashion which addresses facts or information provided by me in my OP.
>>539919499You said this a few weeks ago
>>539920679Your denial of facts doesn't make you right.We can, and will, print enough money for people to afford gasoline. Anyone else who tries to match us, will go under long before we do.Those are facts.You are wrong.
>>539919499Nothing. Ever. Happens.>>539920444Chek'd
>>539920640>money doesn't solve physical world problems. that is the lesson being learned by Europe and America right now.it solves the problems for the people who are first in line for the money, aka the only people who matter in this system.
>>539920781the united states cannot merely print money to finance it's 2 trillion dollar oil sector. no. that's incorrect and patently false.
>>539919499play jewish games win jewish prizes, enjoy the bread lines.your parents had 50 years to read the writing on the wall, and you've had your entire adult life to flee the sinking ship.doesn't take a mathematician to see that you can't pay off a $1+interest loan with the $1 they gave you.usd was heading to zero the second it was unpegged.
>>539920744Im seeing marginal cost per barrel around $75 to $90 right now for domestic producers, which is below the cost paid by refiners. You didn't really present facts. Instead you made qualitative claims without any supporting evidence, and used those to poorly support much more grand predictions that by definition can neither be proven nor disproven. You're trying too hard to sound informed and intelligent and it's backfiring.
>>539920840>>539920781>>539920570>>539920679>>539919559let me address this canard about us just "printing money to finance the oil sector" further:presume we do that....then the United States has accepted it will pay premiums on oil which would immediately put us out of global economic competition. your purported fix for this problem includes the United States financing the exorbitant, rising breakeven cost of it's oil, while other foreign nations continue to purchase or drill oil at far lower prices. oil is the backbone of not just the united states economy, but of the entirety of civilization. this purported fix you people have put forth merely doesn't pan out whatsoever.
>>539920840As shown by us printing 3 trillion dollars to finance our COVID economy, yes, we can.You are wrong.
>>539919746No we fucking won't. Social security is on the fast track to insolvency and if you're actually a Boomer and not a jew larping to stir up some generational warfare than you'd understand that your minimum wage in 1964 was 1.25 in silver fucking quarters which today is worth 50 fucking dollars. We make the equivalent of .17 cents an hour if you dial back the inflation and put us back on the same silver you earned at the time. 17 cents an hour. You paid mexicans and chinks more than that.And you're proud to be an American, where at least you know you're free!To eat all the goyslop sold to meand it all really came so cheap!And I'd gladly stand up, just to say, I've got more souls to sell! We'll bring them in by the millions across the border! Satan bless this living hell!You sold us all out. And for what. You were at the fucking helm and you steered us to the rocks and sold everything, including your soul and your children's and grand children's future to the jews so you could feel like a big man who made lots of money. Only you can't take it with you, but you're sure as hell going to try.How may illegals have you hired? Be honest. How much slave labor have you made use of? I mean, you had to do it to compete, sure. If you don't steal from the future someone else surely will.
>>539921048Howd that go?
>>539920918your post makes no basic sense, and indicates heavily that you know nothing of oil markets. it appears you just tried to use a buzzphrase, "marginal cost per barrel" to make yourself appear more intelligent and informed. however, you misused the term. "marginal cost per barrel" generally must be lower than the break even price which i posted about in my OP. obviously i did provide plenty of information and facts in my OP which you are merely ignoring as means of evading having to respond or admit your fascist empire has failed, and is crumbling.
>>539920262lol, that faggot doesn't have an original thought in his head. He's completely brainwashed by the kikes and refuses to even see the side of your argument because he has already made it for you in his head. Don't ever feel bad for them anon. Don't ever hesitate. Because when reality comes down to it this person would gladly smash your head in and feel righteous doing so because in his eyes you are literally the devil for wanting to preserve your people and you culture and not have it rotted out from the inside by jew soul thieves. Don't ever hesitate when they put you in a situation.
>>539921048your assertion that we can merely print this much money to fix our problem is out of touch with basic economic reality, but even more importantly you are not addressing the points here >>539921005. "printing money" just does not even fix this problem. you're suggesting the United States is going to pay permanently higher prices for oil than the rest of the world, which means we will lose every global economic or military competition.
>>539921157That's not a buzz phrase, it's a core piece of your claim. It's literally half the equation on whether their operations are sustainable.
>>539921211There's nothing even remotely special about you people here on /pol/. You represent the United States political establishment, nothing more.
>>539921005It completely pans out as we are no longer a production economy but a tech and service economy with a food production base.As food costs go up, prices go up. We charge more and get more. Simple, really. Everyone needs food and will always need it. Others can undercut our prices, but we will simply use our tech and service economy to subsidize it.Same with our oil industry. We will subsidize it with our fuck HUGE economy and nothing anyone can do to stop it.Long before we collapse, Jamjeetia and Europe will fall.Remember, those dishits are barely able to handle their energy needs and we make more food than them. We have the stringer base.Your scenario will never happen. You are wrong.
>>539921270clearly you do not even know how to apply the phrase properly.
>>539921294your assertion that the united states will merely pay higher permanent premiums for oil, which is the backbone of the entirety of human civilization, than the rest of the world, is completely out of touch with the reality of this world. if the US has to pay 100 dollars per barrel for oil, whilst the rest of the world pays 50, then the United States has collapsed.
>>539921256Already addressed and proven wrong because your "basic" economic reality is wrong.We can and will print more money.You are wrong.
>>539920515I've run into this faggot on /v/ He is literally brain dead, will make your arguments for you in his own head and declare himself the winner. Refuses to do any research or even see any research that refutes his points, as one must when saying that the US is not run by the left in all major cities and majority of jew owned media. Thiks History books are written by "reality" instead of people with a story to shill and get paid doing it.Ah, to pay for your own brainwashing. They got that faggot good and he can never let his world view go because it would destroy him to realize he's been a programmed shill for kikery his entire life.Lol. No leftists holding power in the west. He also believes white people should be killed if they think whites as a people are worth saving and safeguarding.
>>539921294>>539921359the united states would have no means to compete economically with any other nation in this world if we were to do this.your posts are out-of-touch with basic realities, like with everyone's posts on /pol/.
>>539919499THIS IS WHY WE NEED WALKABLE CITIES!!!!!!!!!!1!!
>>539919746Stop boomer larping you bastard
>>539921312Yes i do, you're now just attempting listless insults. The marginal cost for production relative to the sale price to refiners is the exact application that's relevant here. Your attempt to suggest otherwise is damning.
>>539921377you're just ignoring everything i post in response to you in order to justify merely repeating yourself. but you've already been answered and responded to in multiple points above >>539921397 >>539921359 >>539921256 >>539921005.please stop ignoring facts in order to evade having to admit you were wrong.
>>539921359The US CAN pay 100 per barrel, we could pay 200 per barrel.We won't have to, unless the world is paying more, but that is because we can and will print more money and the world runs on the petrodollar so they will pay it too.You are wrong.
>>539919499> "drill baby drill" used up all of the usable oil, now there's nothing left.So. Peak oil then.
>>539919559>Worst case scenario America just prints more moneyThey should print more oil.
>>539919499Ok keep me posted
>>539921391i've never posted on "/v/". don't even know what it is. /pol/ and /x/ are my only boards. Aleksandr Solzhenitsyn, like all professional political operators, was not a credible person when it comes to history of the USSR.
>>539921500Honestly, this is the smart answer.Dumb faggots will be dumb faggots no matter how much you point out the are wrong.Peace.
>>539921443i already responded to your post before >>539921157. there's nothing more to write in response other than to note you're clearly unwilling to just admit you were wrong and were caught in your misrepresentations of your own knowing on these matters.
>>539919499you've made this thread a few times alreadyweeks have passed and nothing has happenedyou're another rambling schizo with no understanding of economics or what it takes for an entire nation to "collapse"best case scenario is you move the goal-post until your mental illness consumes you and you kill yourself.
Fuel prices hit an all time high here today. But at least the jewish paper oil is still relatively cheap. That means the economic is gud
>>539921459your assertion that the united states could merely pay double or quadruple the price of oil which the rest of the world is paying, and not collapse, is patently false. once more, your posts have been responded to above >>539921397 >>539921359 >>539921256 >>539921005. please don't just keep repeating yourself, in order to evade having to recognize your posts were patently false.
>>539921560Wait now. You're saying I was using the concept incorrectly or that you responded to it? Because those are two different things and you cant have both you sweet smooth brained angel.And nowhere have you provided the current price to produce and the sale price, outside of a conspicuously outdated projection that didnt have nearly as dire a timeline as you posited in the OP
>>539920712You say the word “material” a lot. Low IQ signal.
>>539921585roughly 1 or possibly 2 weeks have passed since i made the 1st thread. in previous threads, as in this 1, i predicted the collapse would come in Q4. you're pretending you don't understand the basic concept of time, and how it works, in order to pretend my post false. common type of insidious post on /pol/, to merely pretend you don't understand basic concepts in order to make yourself appear to have a point when you do not.
>>539921683The "next few weeks" isn't really Q4, TimeKeeper
>>539921643you've already been responded to....>>539921397 >>539921359 >>539921256 >>539921005.the current breakeven prices of oil are higher now than they were in january, because our tier-1 fracking sites are drilled out, and each day which goes by now these breakeven prices will continue to rise even higher. this is the point of my entire post. clearly you're pretending not to understand these basic concepts in order to evade having to recognize that you are wrong and your corrupt, imperialistic, fascist nation is failing.
>>539921855once more, as with other posts above, you're pretending you do not understand the most basic of concepts in order to pretend you have a point in responding to me, when you patently do not. now you're pretending not even to understand the basic flow of time, or measures of time, or periods of time, in order to pretend you have a point, when you don't.and whenever you do this, it does not reflect well upon you, or your awful fascists here on /pol/.
>>539921861None of the posts you quoted responded to me, actually. You're getting frazzled now. Too frazzled to stay coherent, sadly. I keep promting you for a specific and critical piece of information which you have repeatedly declined to provide. If you want people to take your schizoshit seriously, you should avoid such glaring omissions. They are immediately discrediting.
>>539921920Im not pretending, I'm pointing out your tendency towards hypoerbole. If you meant Q4 in the OP, you would've simply said that. Instead you communicated a time frame that implies Q4 at the absolute latest. Of course you attempted to obscure this when someone pointed out that your timeline is already wearing thin from.previous attempts
>>539919499OK, spanky. I'll be posting this screenshot on /pig/ in a few weeks when the US is still bombing the shit out everything the want to in iran, at will, having not run out of missiles/interceptors, and as the US still will have plenty of oil. I've got one somewhere from a few weeks ago where one of you highly melanated individuals were saying the US would be out of oil by the beginning of August.
>>539920444checkedthese posts get funnier over time.the world is a trash receptacle
>>539920115You will be waiting a long time, shitskin
>>539921949actually, no, those posts were quoted because they directly address your irrational and false claims that the united states can merely pay double the price of oil than the rest of the world, and be fine. and if this is not the point you've been making in this thread, then you've not made any point whatsoever.feel free to let me know when you have an actual point to make. one which is based upon fact.
>>539922012there's nothing more to write in response to this post other than i already have above >>539921920.
>>539922081No, that's not what I was claiming at all. I didnt say anything about that. you are deeply confused and cant keep track of the conversations you're juggling.
>>539922113>there's nothing more I can write in attempt to deflectFtfy
>>539922017if you post it after october it will be clear to everyone my post was perfect.
>>539922135then you've not made any point, and your posts in this thread were nothing but a waste of time. by telling me that's not your point, it only means you've not made any point. this reflects even worse on you, and your time in this thread, not better.
Do we think this a schizo or a bot?
>>539919499Wealth tax on miggers to bail them out
>>539922161there isn't anything more to write about your efforts to pretend you do not understand basic concepts, like literal basic time, in order to pretend you have made a fascinating point in an internet debate, no >>539921920.
>>539919499>The United States will completely collapse within weeksHow many? Perhaps, two?
>>539919499nothing will happen until the world takes down the US financial system by opting out.Why did Saudi Arabia go untouched after 9/11? The Petrodollar.They will just print money, subsidize the oil fucks, and more poor people will become homeless from inflation which will conveniently be left out of mainstream news.
>>539922232october to december....probably october.
>>539919746>Someday you will be in my shoes and there will be youngers working for youkek, no there won't. The only saving grace is I come from an unironically superior gene pool and will still be able bodied enough to take care of myself into my 90s.
>>539922191>when you asked me to show my math based on the costs and revenues of the oil companies that we're discussing, and I spent an hour shitposting poorly and implicitly conceding that I couldn't?>naw dats not a point Pic rel that's me on the right, teenieboi
>>539922265Saudi Arabia did not do 9/11. The United States government did 9/11 in order to manufacture consent for foreign oil wars.your assertion that the united states will merely print money, as described above, is flat-out false. we cannot, and will not, be able to merely pay more (possibly double) for oil than the rest of the world without immediately collapsing.
>>539919499>every US oil company is going to go under within the next few weeks to months,Why wouldn't American oil companies perform well, considering global oil production is being hindered?
>>539922375Some sources are predicting that oil sale prices will drop in 2027 to levels currently below the costs at which they can currently be produced. That could be a real issue but its also a wildly different claim than "the country will collapse by Q4". I also have no clue why OP would cite a projection from January when there have been a number of updates since then, it was a strange choice that stinks of amateur hour.
>>539919499Keep bluffing like our Treasury and keep pumping AI stocks that will definitely win us the Iran war and make more oil lol
>>539922483i didn't cite "a prediction from january", i cited the breakeven price of oil from the period along with the US government assessment that the cost of oil was falling far below this breakeven cost. january was relevant because it was just prior to the war, which we're fighting explicitly for oil because of this prediction.you've made absolutely no points in this thread. for all of your posts, you haven't made even one valid or meaningful post, other than just whining.
>>539922312i don't mean this in the usual /pol/ way, but i believe you are a woman. just based upon your posts to me in this thread.
>>539922614One of your two links in the OP is literally a report from January, the most important aspect of which was the price outlook
>>539922272
>>539922647I recognize your concession, but unfortunately I can't accept it because it's more fun to laugh at you boiling and being stupid
>>539922663you're pretending you didn't understand my post, in order to justify just listlessly repeating yourself, as you've done for the entirety of this thread. along with others.
>>539919499>The United States will completely collapse within weeks because no oil.How? Trump is going to secure a deal with Iran to open the Strait of Hormuz.
>>539922689this is a complete, unmitigated non sequitur to anything i wrote, as with a few other of your posts.
>>539922700Are you saying you didn't cite data from January?
>>539919499In your dreams, goatfucker. The US is invincible. Your shithole will collapse though unless you bend the knee.
>>539922730Tell everyone what the cost to produce and the sale price are per barrel now and in Q4..
>>539922708he's probably intentionally trying to keep the strait closed. but either way, it wouldn't matter. the doom hits the US in a matter of weeks in either fashion.
>>539922765the cost to produce is higher, as i've already written to you above >>539921861, and in the OP. these are concepts which you continually pretend not to understand in order to justify just listlessly repeating yourself instead of recognizing you just have no valid information or points to share.
>>539922768>doom hits the US in a matter of weeks in either fashion.How many weeks? Two?
>>539919499How do you price in shortages? You offer more money, you get more supply. The shortage would be short term, the real downstream ramifications would come later, and for the entire world as they compete with rigged dollars for energy.
>>539922804You keep saying higher, but there's no reason anyone will take your word for it because youre rambling and seem to struggle with reading comprehension. Provide the numbers. This is a fairly simple and quantitative discussion. I'm pinning you down on this essential portion of your premise.
Nothing ever happens, even though I want this pozzed country to collapse and npc morons go through REAL suffering.
>>539922860The EIA does not post official publications of our breakeven oil prices, which is one more reason why i cite the post from january when they did. if you want the information, you can find it yourself from any google search and you will find, from any source, the fact that our breakeven prices are rising whilst our tier-1 fracking sites have been depleted. this is the entire point of my post, which you're pretending not to understand in order to evade having to recognize your point of view is just wrong and not backed up by any facts.
>>539922825just tell me why anything in my post is wrong.>>539922827you people are unwilling to face facts, or just outright don't understand. we're not talking about "shortages". we're talking about the permanent unprofitability of the entire 2 trillion dollar US energy sector, which eventually will collapse this nation (within weeks, not months).
>>539923008say it with me, anon. we invade venezuela, hold them at gunpoint, and force them to gibs me dat oil as china starves to death.
>>539922930Ive been searching. Nothing corroborate your claims outside of expected margin compression. That's why Im asking YOU because you made a very specific quantitative assertion, one that you have yet to support with evidence that rises anywhere near the level. Which of course makes it seem like you’ve taken a nugget of truth and hysterically blown it up to comical proportions
>>539923049but, in reality, we just pay 20% more for oil and drown in the stuff at that price.
>>539923051you did not make any attempt to find the information. you're just making a false claim about this in order to continue pretending you have any point in this thread, when you patently do not. you're using terms like "margin compression" which does not bare relevance to what we're discussing, in order to make yourself appear more informed on the matter. but as usual for /pol/, it's all just fake.because my claim is wholly uncontroversial, and easily verifiable from anyone who wants to find out for themselves, there's really no point in continuing to play your game.
>>539923148>you did not make any attempt to find the informationIncorrect. Desperate headcanon isn't an argument.
>>539923008I concur that Trump probably wants the strait closed. I also think Iran is in on it. They want the resorts, casinos, and gay pride parades that Israel promises to its partners. Something ought to happen.
>>539923148>margin compression isn't a stop along the way to break even and then unprofitabilityThis was an embarrassing misstep by you friendo. In what world is margin compression not directly relevant to the precise topic at hand?
>>539923179it isn't "desperate headcannon", i posted information from the EIA (government agency) in the OP....>https://www.eia.gov/todayinenergy/detail.php?id=67045in which they published an official post of the breakeven oil prices. which is the most recent officially published government data on this matter.this data demonstrated the breakeven prices of oil for US companies were below oil prices in recent months prior to the iran war.you're just pretending not to understand basic facts, in order to evade having to recognize them. per normal on /pol/. this is part of what you people here do.
>>539919499Good everybody on this board wants that to happen
>>539923244you're trying to use big words and buzzphrases which you found from google searches in order to make yourself appear more intelligent and informed on this topic, but it's not related to this discussion, which is about the breakeven price of oil for US companies rising above the pre-war cost of oil.please just desist, as you are only humiliating yourself.>https://www.eia.gov/todayinenergy/detail.php?id=67045>Much of our crude oil production forecast hinges on domestic crude oil prices, especially for onshore production in the Lower 48 United States. We forecast the West Texas Intermediate crude oil price will fall from its 2025 average of $65 per barrel (b) to $52/b in 2026 and $50/b in 2027. These prices are lower than recent breakeven production prices. Oil industry executives responding to the Dallas Fed Energy survey report the two largest basins in the Permian had breakeven prices of $61/b (Midland Basin) and $62/b (Delaware Basin).
>>539923377i just think its bullshit. notice he claims the cost of making this oil suddenly just increased without giving a reason for it. he just says the cost increased. how does the cost increase to make it unprofitable all of a sudden? sounds like bs to me.
>>539923441i didn't "not give reason for it". i discussed the reason explicitly in the OP, which is the drilling of our tier-1 fracking sites, you people just pretend not to understand basic concepts, in order to evade having to recognize them.
>>539923335Right and now you see that the latest updated crude price outlook for WTI is much higher than the numbers in that January report?
>>539919499Yeah, oil could immediately collapse us, we rely on logistics of trucks over thousands of miles and haven't invested into EV semis yet, so we're fucked overnight if costs become too high.
>>539923379Those are neither big words nor buzzphrases. They are basic terms related to the discussion at hand and an important piece of evidence that you're exaggerating and ignore highly relevant more recent information
>>539923553you're pretending you don't understand the most basic of premises, in order to justify pretending you have any point or response. my OP, on top of numerous other posts in this thread, explicitly discusses the iran war and how it's inflating the oil prices.please quit with your angry and impotent posting. you're only making everything worse for yourself.
>>539922708What number deal are we on now? Man is using it as a valve to control the market
>>539923609there isn't anything more to respond to you on this matter other than i did above >>539923379.
>>539923627You need to stop repeating inapplicable statements retard. Nobody is pretending. You cited a break-even price, and an outdated projection that suggested sale price would be lower than break even. The latest projections changed. This is a problem if you're claiming that the energy industry will be so unprofitable that the companies collapse in a matter of weeks and drag the country down with it. One of the core data points supporting your premise changed. I'm going to be bed and you're an embarrassing idiot.
But why will feed all the Africans?
>>539923658>noooooooo you can't ignore the fact that new forecasts unequivocally suggest that production remains profitable at the break even prices that I cited!Lel
>>539923497venezuela oil is FREE. america just steals it. FREE OIL how come then you claim prices just increase when the oil from venezuela is free? does that not ease the cost? getting free oil?
>>539923715once more, you're pretending you don't understand the content of my OP, in which i explicitly discussed the iran war, and how the rising oil prices from the strait figure into this entire discussion. you're just pretending you don't understand every basic concept, in order to justify your angry, impotent responses, which are wholly unimpressive to absolutely fucking everyone.
>>539923763"once more, you're pretending you don't understand the content of my OP, in which i explicitly discussed the iran war, and how the rising oil prices from the strait figure into this entire discussion.""you're just pretending you don't understand every basic concept, in order to justify your angry, impotent responses, which are wholly unimpressive to absolutely fucking everyone."
>>539919867>then the country collapses from inflationIran has done it for decades. Literally since the revolution they've been printing money to pay for everything
>>539923765venezuelan oil is not free. and venezuela does not have any oil production infrastructure.
>>539919499Literally everything you said is blatantly fucking wrong besides the reserves running out. Kill yourself you well poisoning jew.
>>539923793once more, your repeated claims in this thread, as a board, that "the united states will be fine with just printed money" relies upon this assumption that the united states will be fine pay permanent premiums on oil. oil, which is the backbone of human civilization, is too fundamental to how our economy works to merely accept paying 50% more than the rest of the world, or double what the rest of the world pays for it and would immediately lead to national collapse.
You retards do realize Alaska is a thing and has an absolute fuck ton of oil we can tap if we want to, right? Holy fuck you idiots literally make my brain hurt.
>>539923808>venezuela does not have oil infrasctructurei guess those venezuelan tankers going to cuba that the usa stole were actually only in my mind huhhttps://2017-2021.state.gov/the-united-states-takes-action-against-the-movement-of-venezuelan-oil-to-cuba/
>>539923932you people need to just quit doubling down on everything. when you write bullshit, and people respond with the proper refutation, there's no reason for you to just continue doubling down. we're talking in general terms and the oil infrastructure in venezuela has no significant ability to produce meaningful barrels of oil.>>539923882no. you're the one who is misinformed and brainwashed here (if you're not being intentionally mendacious) because drilling for oil in alaska is unprofitable, which is why we don't do it. once more, we're dealing with the high breakeven costs which is why oil companies have not been up there very much.
>>539919499You posted this same shit like two weeks ago lmao
>>539924051>>539923932>you people need to just quit doubling down on everything. when you write bullshit, and people respond with the proper refutation, there's no reason for you to just continue doubling down. we're talking in general terms and the oil infrastructure in venezuela has no significant ability to produce meaningful barrels of oil.PS furthermore, i must reiterate, oil from venezuela is not free. in fact, it has even higher breakeven costs, which make it equally unprofitable to extract as US shale is becoming.
>>539923873Schizo, all I was saying is that printing money doesn't collapse a country. The third world does it all the time
>>539924185once more, per the norm in this thread, you're just pretending you didn't understand my post in order to evade having to respond to it, or face facts.
you people on this board can use all of your usual tricks of pretending not to understand basic facts, in order to evade having to recognize basic facts. but in the end, what i'm discussing is as certain as gravity. this is, without question, certainty. the united states will be failing within weeks. october, most likely. certainly by the end of december.
>>539924213Your post contained zero facts though, we're just sharing opinions
>>539924051sounds like i caught you with your pants down huh. my arguments that you have not refuted yet which is due to the free venezuelan oil the usa is getting should decrease the cost of us oil manufacturing in some capacity. now you have refuted factual irrefutable proof directly from the white house that venezuela cannot produce oil. you are not refuting me, you are refuting the white house directly
>>539919499this wont matter, what matters is that YOU HAVE OIL you stupid mutt. think for a second and let me explain somsing to you.only 2 countries in our western alliance produce enough oil for themselves to sustain and this is canuckland and norway.the rest of us, including america, need to import giant loads of oil.the rest of eu states is in the 100k barrel/day range, basically nothing.SO...when you can drill but its not profitable, no biggie.you have oil, this is what matters. you have oil. you can ALLMOST sustain yourself.
>>539924325again, the posts above >>539924155 >>539924051, in particular the first one i'm linking, are just being ignored by you, whilst you just listlessly repeat yourself. i reiterate, Venezuela has no meaningful oil production infrastructure, and it's oil is not free, and it's breakeven production costs are even higher than in the US, which means it's unprofitable to drill or extract.
>>539924899once more, as written multiple times in this thread, your assertion that the united states can merely pay permanently higher premiums for oil than the rest of the world, whilst remaining economically competitive with them, is a material falsehood. i've discussed this many times in the posts above >>539923873, >>539921005, >>539921359. as well as in other posts.
>>539924301no. my posts contain facts, which you people on this board perpetually won't accept in order to evade having to recognize that everything about your fascist political movement is a falsehood, a grift, a manipulation, a con job, which you perpetrate upon the poor and working people of this nation.
the only thing anyone on this board can do, per usual, is just forcefully deny basic facts about the world. but unfortunately for you, in this case, there are consequences. these consequences were the direct result of your multiple-generations of unwillingness to face basic facts about the world. because those facts might have hindered your corrupt pillaging of our nation for-profit. but now there are consequences for your crimes, for the first time, when the bill has come due. you've fundamentally failed.
"we don't even need oil" - /pol/. this is where you people are at. this is the level of forceful opposition to facts in which you're engaging.
of course, oil is crucial to the united states and our operation as a nation. /pol/ has never even been willing to face this fact, with it's constant denials that middle eastern wars were for oil, facts you denied to cover-up your own crimes and ensure you could continue to blame your precious jewish scapegoat for your corrupt, for-profit wars, instead.
>>539919499The US drain was conditioned in the terms to be essentially a loan to oil companies which are obligated to refill it at later prices. Biden dumped our reserves but Trump's sale did not other than temporarily. US is energy sufficient from an oil perspective but is VERY dependent on other countries for refining finished products. This will drive a re-shoring of our refining capacity and entire supply-lines and production base. It will re-regionalize everywhere and break the bottlenecks in global energy/trade. A lot of pain along the way. Guess where is worse? Europe, the UK, Japan, etc. China has a huge reserve and plummeting consumption. What happens if they start buying again? What other commodity plays are they doing and how do they similarly hurt WEFers?
>>539925582breakeven when the oil is being taken for FREE. no payment to venezuela for the oil goods, just taken away like a nigger stealing something. then has the nerve to complain about unprofitability! which if were true there would be no need to invade venezuela and killed the people there and capture the president for an endeavor that loses money! get the fuck out of here.
>>539919499>our main motive for the iran war was to force the strait to closeIdiot retard.The war is for israel. The kike netanyahu wants greater israel.The closure of the strait was a foreseeable outcome of the war, which Trump undertook anyway, because he is a fucking idiot kike stooge.
>>539926975yes but also at the same time the usa is selling stolen free venezuelan oil at history prices
>>539927584Venezuelan's shit heavy oil is difficult to refine and america does not have the infrastructure to process it, Middle Eastern light crude is the kind they are dependant on and also the kind of which they just caused Iran to blow up the production.
>>539927584>>539926349your characterization of events is completely fictional. the Venezuelan crude oil is heavy and hard to process. the breakeven price for it is even higher than the US breakeven price, which is why venezuela never developed their oil infrastructure deeply. you have absolutely no fucking clue of what you're talking about.
>>539919499Gas jas jumped 30 - 40 cents. 15 within the past week.Temperature is rising.
>>539919499>our main motive for the iran war wasjews there fixed it for you
>>539928522your war. your responsibility. your crime. you blame jews for your own crimes, hoping people will be too dumb to holy you responsible for them. fuck you. i won't rest until you're in prison.
>>539919746you're retarded and a liaryou NEVER had to pay for your gradparents' high standard of living and at the same time you INDEBTED your own offspringboomers are literally human garbage
