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To: spintreebob

“The US can do one thing:
Drill baby drill.”

That’s the biggest BS story since kraken.

US drillers can’t operate existing wells below $55/bbl, and won’t look for new opportunities below $65-$70/bbl.


71 posted on 05/04/2025 10:50:43 AM PDT by Mariner (War Criminal #18)
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To: Mariner

Much of the cost of drilling, like mining, like construction is in the delays due to EPA and all kinds of permits. Reducing regulations, especially of the climate armageddon religion would speed up the process and thus greatly reduce the cost... of drilling ... of mining.... or construction.


72 posted on 05/04/2025 5:27:36 PM PDT by spintreebob (ki .h )
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