The EU is running our country now and they plan to destroy us, and I have to admit they did great job at overthrowing our government and owning all the media, presidency and many judges.
The EU couldn't destroy us if they tried. They are right on the cusp of coming unglued themselves.
Europe is plagued by inflationary pressures, highlighted by an energy crisis, and it faces a recession with more serious longer-term implications than most other regions.
Structural issues will continue to test the durability of the European Union and the European Central Bank’s ability to support a functioning economy.
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White - I agree with every word of your thorough concise analysis.
There are other experts on here who work in the oil industry or are involved in business aspects. We may have different perspectives, knowledge, and experiences. We may agree or disagree. They may know more than me. I may learn from them. Long ago I saw an opportunity and started a small oil recycling business at age 15, then ran with it until the opportunity ended. Also at that age I used to hang out with roughnecks spudding in wells. I also worked for a couple decades on landowner oil and gas litigation. Now I am involved in the administration of a couple wells. I enjoy that the most at this time in my life.
Now, let me make a statement and then will explain.
The people in the petroleum industry are not the bad guys. There are big profits because there are huge investments and huge expenses. And remember, people pay more for drinking water at the gas station.
The petroleum industry is much more complex than most people would ever expect or could comprehend.
They have divisions for administration, human resources, employees, vehicles, land ownership, leases, equipment and tools, legal services, Wall Street, exploration, development, production, distribution, marketing - and this is just a few and there are many more - it is run like the military and folks from one division have no idea what the others do.
The oil and gas companies are in business for profit. So am I.
Do you work for free? I doubt it.
People who make big financial risks hope for or expect big financial rewards.
I worked on one oil deal for almost 10 years - and yes I was and am looking for a big reward - to be paid for 10 years of work and into the future.
The oil and gas companies do not establish the price of crude oil. Sure, they can nudge it with supply and demand.
But, world and national politics and the commodities market have much more control on the price of crude.
I have the facilities to safely store off road diesel, on road diesel, and heating oil. So I do have a supply. It requires monitoring and maintenance. Right now it feels good to have a supply. I hope everyone here is well prepared and does not get hurt by what may be coming.
FRAC LIVES MATTER,