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The Official Thread Dedicated to "Biden Destroying Us"

I’ll leave it to Steel to give what this sets overall, but this is completely ****** for an industry that already was. Based on what I have read she clearly wasn’t negligent.

Oh she was clearly negligent. But negligence is failure to use reasonable care under the circumstances, akin to an accident. Crimes usually require an intent to commit the harm or commit the act with knowledge of the high likelihood of harm, like shooting a gun in a crowded room. Accidents are not crimes.

Homicide is the killing of one human being by another. Manslaughter is homicide without malice (i.e., the intent to harm), but an action with indifference to the high likelihood of harm. Here, the only wrongdoing was selecting the wrong medicine, which is negligence but definitely an action lacking any intent to harm or with an apparent and obvious high probability of harm.
 
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Got Socialism? Funny how Uncle Bernie has not been in the spotlight but his policies are in full view for all to see and enjoy. I've had enough of this bullshit.
 

This article is several months old, but I thought of it today as I was looking at 19/32 OBS for a roof of a garage I'm building and saw a price of $65 a sheet.

FJB
 

This article is several months old, but I thought of it today as I was looking at 19/32 OBS for a roof of a garage I'm building and saw a price of $65 a sheet.

FJB

Increase tariffs on Canadian lumber so we can lower tariffs on the lead-contaminated toys and other garbage from China ... d'uh.
 

So 1million a day. Ok so we use what as a nation per day?


So this release will amount to what?
 

So 1million a day. Ok so we use what as a nation per day?


So this release will amount to what?
So the potato head, hoping this will increase his favorability, will release oil reserves, established by his predecessor.
Also he adds that it's to punish the evil oil companies that are not producing oil on unused leases on federal land.
One question, President Asshat, do all of those leases on federal land have permits to drill? Thought so.
 
So the potato head, hoping this will increase his favorability, will release oil reserves, established by his predecessor.
Also he adds that it's to punish the evil oil companies that are not producing oil on unused leases on federal land.
One question, President Asshat, do all of those leases on federal land have permits to drill? Thought so.

These leases they keep talking about aren't even explored. In other words, there probably isn;t even oil on most of them. But they want you to think that there are just all these huge pools of known oil and for some reason, evil oil companies don't want to drill for it.

I would love for an oil company to push back with a statement that simply says that they will gladly drill on any lease where oil has been confirmed.
 

So 1million a day. Ok so we use what as a nation per day?


So this release will amount to what?

Gas futures were down some yesterday on the announcement, but this isn't going to help much in terms of the bigger picture, especially with OPEC apparently happy with tight supply.

This is probably just an economic response to Putin trying to blackmail the EU into depositing money directly into Russia banks by threatening to turn off the gas.
 
These leases they keep talking about aren't even explored. In other words, there probably isn;t even oil on most of them.

Exactly. The 9,000 unused leases would need to be explored first to determine if the leasehold is likely to have oil. My dad worked out of college as a geologist for Gulf Oil, and we talked about the numerous steps an oil company will take before doing exploratory drilling. The core samples need to show the right composition, then the oil company must get a permit to do the exploratory drilling, then the company pays to have 5-6 test wells drilled to a depth that guarantees potential profit, and only if the exploratory wells show a pool with the type and quality of oil that merits development will the company set up the wells.

All of the above takes a lot of time and money. Getting the permit for exploratory wells is a regulatory nightmare. The government charges for the approval process, makes the company pay for environmental impact reports (EIR), makes the company hold public hearings, the entire process grinds to a halt if the EPA raises an objection, the entire process grinds to a halt if a landowner sues based on potential EIR objections, the process starts all over if either the EPA or a landowner sues and loses, and the process stops dead in its tracks if either the EPA or a landowner sues and wins.

Oh, and the process starts all over for drilling permits to develop the oil reserves.

I would love for an oil company to push back with a statement that simply says that they will gladly drill on any lease where oil has been confirmed.

And where the drilling permits are approved and if the government pays for delays by the EPA or a landowner and if the government agrees not to interfere with the drilling and if ...
 
Exactly. The 9,000 unused leases would need to be explored first to determine if the leasehold is likely to have oil. My dad worked out of college as a geologist for Gulf Oil, and we talked about the numerous steps an oil company will take before doing exploratory drilling. The core samples need to show the right composition, then the oil company must get a permit to do the exploratory drilling, then the company pays to have 5-6 test wells drilled to a depth that guarantees potential profit, and only if the exploratory wells show a pool with the type and quality of oil that merits development will the company set up the wells.

All of the above takes a lot of time and money. Getting the permit for exploratory wells is a regulatory nightmare. The government charges for the approval process, makes the company pay for environmental impact reports (EIR), makes the company hold public hearings, the entire process grinds to a halt if the EPA raises an objection, the entire process grinds to a halt if a landowner sues based on potential EIR objections, the process starts all over if either the EPA or a landowner sues and loses, and the process stops dead in its tracks if either the EPA or a landowner sues and wins.

Oh, and the process starts all over for drilling permits to develop the oil reserves.



And where the drilling permits are approved and if the government pays for delays by the EPA or a landowner and if the government agrees not to interfere with the drilling and if ...
Plus seismic testing and geophysics on the front end of any drilling, with additional need at each positive drill result. Plus, sideways drills open more oil to use, but are far more costly and prone to issues.

A simple declaration of "Keystone XL approved" would drop oil prices for a couple months, probably concomitant with Russia getting decided in Ukraine. Every single energy user in the world would benefit, and those evil folks in Russia, Iran, Venezuela, etc. would benefit much less by lower prices........
 
Oh she was clearly negligent. But negligence is failure to use reasonable care under the circumstances, akin to an accident. Crimes usually require an intent to commit the harm or commit the act with knowledge of the high likelihood of harm, like shooting a gun in a crowded room. Accidents are not crimes.

Homicide is the killing of one human being by another. Manslaughter is homicide without malice (i.e., the intent to harm), but an action with indifference to the high likelihood of harm. Here, the only wrongdoing was selecting the wrong medicine, which is negligence but definitely an action lacking any intent to harm or with an apparent and obvious high probability of harm.

Jimmy taking the legal education I gave him and putting it to good use again.
 
Plus seismic testing and geophysics on the front end of any drilling, with additional need at each positive drill result. Plus, sideways drills open more oil to use, but are far more costly and prone to issues.

"But 9,000 leases."
- Jen "******* Stupid" Psucki
 
 
 
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