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Fracking: The Death Knell Of OPEC
Investor's Business Daily ^
| 5 June 2013
| Editorial
Posted on 06/06/2013 12:24:07 PM PDT by IBD editorial writer
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Writing OPEC's epitaph on a bed of shale.
To: IBD editorial writer
It’s interesting what has happened to the price of diesel compared to gasoline lately...
2
posted on
06/06/2013 12:26:01 PM PDT
by
cuban leaf
(Were doomed! Details at eleven.)
To: IBD editorial writer
Sing the song children music to every real Americans ears!
3
posted on
06/06/2013 12:27:20 PM PDT
by
jimsin
To: cuban leaf
4
posted on
06/06/2013 12:27:30 PM PDT
by
EEGator
To: IBD editorial writer
Not if Bammy and his EPA have anything to do with it
5
posted on
06/06/2013 12:28:20 PM PDT
by
cork
(Remember Bengazi!)
To: IBD editorial writer
OPEC has spent decades buying and blackmailing politicians into suppressing American Oil production. That would have to change to make it a reality.
6
posted on
06/06/2013 12:29:07 PM PDT
by
martian622
(The Revolution is being televised.)
To: IBD editorial writer
If the EPA doesn’t kill it first. They are hot on the heels and determined to make energy more expensive... as usual.
7
posted on
06/06/2013 12:29:15 PM PDT
by
dhs12345
To: cuban leaf
What is your observation concerning diesel ?.
8
posted on
06/06/2013 12:31:32 PM PDT
by
bert
((K.E. N.P. N.C. +12 .....Lerner must be tried and executed..... crime against the Republic)
To: IBD editorial writer
Won’t be.
The Obamadork Clown show of felon/cretins (amongst which is the EPA) will make sure we’ll never produce much.
Wanna bet?
That is, until we tell the DOJ, EPA, et al to shove it up their collective smelly Obamas.
And mean it.
9
posted on
06/06/2013 12:32:03 PM PDT
by
Da Coyote
To: IBD editorial writer
OPEC can kill fracking overnight if it wants. Increase output and set price at $10 a barrel.
Fracking would shut down instantly.
10
posted on
06/06/2013 12:32:40 PM PDT
by
wrench
To: IBD editorial writer
As long as the collectivists and the EPA are cojoined, it won’t matter if oil came out of the ground at 5 cents a barrel.
11
posted on
06/06/2013 12:32:58 PM PDT
by
lurk
To: EEGator
Where I live, diesel is less than premium gas.
12
posted on
06/06/2013 12:33:01 PM PDT
by
cuban leaf
(Were doomed! Details at eleven.)
To: dhs12345
I’m at Ground Zero here in Pennsylvania, and let me tell you, the politicians who are pushing for expanded shale development are mostly Democrats.
They start slobbering and having multiple orgasms at the mere thought of all the new revenue streams headed their way. Bammy would have an open party revolt if he tried to shut that off now.
To: bert
I don't know about what cuban leaf saw, but yesterday when I filled up regular gasoline was $3.999 and Diesel was $3.989. First time I remember Diesel ever being cheaper than regular gasoline.
14
posted on
06/06/2013 12:35:14 PM PDT
by
KarlInOhio
(Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
To: bert
What is your observation concerning diesel ?.
A year ago, diesel was pretty much always $.80 to $1 more than regular, regardless of the price of regular. Now it’s on par with premium gas, or about $.20 more, or even less. It’s been a slow compression of the difference for about 8 months. I’ve been following it because I needed a new car and was considering the Volkswagen Golf TDI for my 122 mile round trip commute.
15
posted on
06/06/2013 12:35:27 PM PDT
by
cuban leaf
(Were doomed! Details at eleven.)
To: cuban leaf
Diesel been higher than gas for a long time now. I’m going to check here next time I go out.
16
posted on
06/06/2013 12:35:52 PM PDT
by
EEGator
To: IBD editorial writer
We could make these bastards eat sand if we WANTED to.
17
posted on
06/06/2013 12:36:58 PM PDT
by
ryan71
(The Second American Revolution)
To: wrench
True. But the oil we’re presently drilling for would still be there when OPEC’s oil they’ve sold us for $10 runs out. Meanwhile we’ve got $10 oil.
Sounds like a win for us.
To: KarlInOhio
I don’t know about what cuban leaf saw, but yesterday when I filled up regular gasoline was $3.999 and Diesel was $3.989. First time I remember Diesel ever being cheaper than regular gasoline.
Zactly. And, frankly, I think it is price manipulation of the price of gasoline. With all this new source, gas should be well below $3 now.
19
posted on
06/06/2013 12:37:29 PM PDT
by
cuban leaf
(Were doomed! Details at eleven.)
To: wrench
“OPEC can kill fracking overnight if it wants. Increase output and set price at $10 a barrel.”
“Fracking would shut down instantly.”
As would OPEC. They can’t make money at that price.
20
posted on
06/06/2013 12:38:46 PM PDT
by
ryan71
(The Second American Revolution)
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