https://x.com/NOELreports/status/1813889180092559553
Posted on 02/24/2024 5:59:01 AM PST by SpeedyInTexas
The problem with excessive drilling is that when too much oil is available the price goes so low that drilling and pumping in fracking and other more complicated production sites stops making money when the price of oil goes above $80 a barrel. I wonder if the governor of N. Dakota is prominently there to keep reminding Trump and campaign ad people of that fact. Apparently a number of ND wells had to shut down and stop pumping when the price of oil went too low. I loved $2 gasoline, but one result was there was such a flood of oil in the market there was no more space to store it. Cushing, OK was full, oil tankers were full, and for a day or two people were actually being paid to take delivery of free oil. I think the low $3 price point is probably the one that will work. High enough to keep most drillers busy, and low enough to not be too painful to the American drivers.
Drilling where the cost is $80 a barrel or more have been slow to come back into production which probably has caused prices to be higher than they should need to be. A while ago I saw reports that a lot of leases granted by the current administration were not yet being drilled on.
How much influence could Zelenskyy’s recent bombings of oil ports had on Putin’s oil plans in both the Baltic and Black Sea areas?
Oh, those GD Ukranian Nazis are hitting companies that supply the Russian military. Why aren’t they hitting condos , schools, and cancer hospitals like good little Nazis? they are simply not supplying good lines for the Russian propaganda effort. Shame on them!
I believe it was 2012 when Ukraine signed exploration contracts with 2 US oil majors. In 2014 these contracts were canceled. I think oil was mentioned for eastern Ukraine, but the big gas pot is Crimean surrounding sea.
Does Trump really understand the delicate balance between oil prices, production costs, especially in fracking site, and oil storage? What effect is the Houti attack on Suez, and drought in Panama having on transportation issues, and inflation? How feasible is drill, drill, drill with these issues to consider?
I believe you are correct, but it is not just oil and natural gas, but food stuffs.
Control of Ukraine would mean Putin controls huge amounts of the world grains.
As was shown when these grain exports were stopped, controlling these grains would give Putin great extortion power over much of the world
Interesting Articles:
Ukraine Situation Report: Bloody Battle For Key Fishing Village May Soon Be Over
The fight for the small fishing village of Krynky has raged since October with heavy losses by both sides.
https://www.twz.com/news-features/ukraine-situation-report-bloody-battle-for-key-fishing-village-may-soon-be-over
—
Greek F-16C/Ds Lined Up For Ukraine: Report
Greece could become the next European NATO F-16 operator to provide surplus fighters to Ukraine with dozens of Block 30 C/D models.
https://www.twz.com/air/greek-f-16c-ds-lined-up-for-ukraine-report
https://x.com/NOELreports/status/1813889180092559553
Some c.com blog posts indicate these F-16s will be transferred to (bought by) the U.S. and upgraded.
This could take years.
Since these are C/D models, they could be upgraded to F-16V aka Viper.
Kremlin snuff box, 07/18/24
https://t.me/s/kremlin_secrets
The dollar could be worth 300-400 rubles this year
This forecast was given to us by one of Elvira Nabiullina’s deputies. This, according to him, will happen in the event of a complete ban on the dollar and euro in Russia , which may be introduced in the fall.
“It will be a disaster. 300-400 rubles per dollar is not a figure of speech, but a real figure. I hope Vladimir Vladimirovich [Putin ] will not make a decision to ban the dollar.
“Otherwise, we need to think about how to provide food and money to pay for utilities to the poor. They simply won’t be able to cope with the new prices and tariffs,” said a representative of the Central Bank.
He also repeated the opinion of our other source in the Central Bank: Alexander Dugin, who initiated the dollar ban, is engaged in subversive activities and should go to prison.
Dugin refused to comment on these words to us. But the Kremlin doesn’t want to say yet whether Vladimir Putin will make a decision to ban the dollar.
https://x.com/NOELreports/status/1813913054137995711
...a task previously handled by artillery but now managed effectively by drones.
Effective and efficient.
Some blog posts claim Ukraine is manufacturing 3000 of these drone per day.
Ukraine has developed relay drones so the FPV drones can fly far behind enemy lines, keeping the FPV drone pilots safe from return fire.
Ukraine’s ‘special forces’ launch huge assault ‘destroying key Russian headquarters’
https://freerepublic.com/focus/f-chat/4252345/posts
https://x.com/TOGAjano21/status/1813853010206032363
A Ukrainian Bradley M2A2 IFV from the 47th mechanized brigade mowing down a Russian assault group with its 25mm Bushmaster gun.
https://x.com/NOELreports/status/1813982321596571750
I would not want to be on the receiving end of the 25mm Bushmaster gun.
https://x.com/ChuckPfarrer/status/1813970820974395859
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