Drill Baby Drill !

Drill Baby Drill !

Just who is going to do that in a world glut of oil we have only seen twice before ?With all the world turmoil, the price of WTI is still hovering around / under $70 bl.

If all the oil threatening events were to have happened in 2018, the price of oil would be $140 BL.

In the case nobody ever noticed, you do not want to flood the market with oil when the price is in decline from the lack of sufficient demand to support the current production numbers.

So, who in the US is going to ‘drill baby drill’ and ‘shrink baby shrink’ their revenue even further ? Making more of it is good for profit margin ?

Is it even going to be good for ‘jobs baby jobs’ ? The number of new wells drilled per month will likely be cut in half in the 1st quarter alone and even more in the second if it continues.

Perhaps drill it, cap it, and wait for something to change before churning oil out of those wells. You can’t store it for long without eating into profits. 6 months is enough to stomp those out.

It was a solution without a cause. Most especially if you believe in free and fair markets.

Is the government going to force Exxon-Mobile to ‘Drill Baby Drill’ ?

This should have been clear to anyone months ago.

What happens if you add a slowdown from import tariffs ?

Well, someone better figure out how to store all that ‘drill baby drill’ oil. And I might add the expense of storing it may be about $1-2 per BL per month. That going to make gas any cheaper ?

At least we will have many of the projects created by Biden Admin to keep the economy chugging along till Vance comes to power.

I would also point out that during the last oil production bubble, some co’s were paying money to some to take oil out of their storage. Yea, they were not just giving it away, but paying co’s to take it away. Great for the stock price don’t you think ? Look it up for yourself.

Great for the economy ? The refiners are not going to let the price slip below $2 gal even if they get it for free.

And it’s all happening without ‘drill baby drill’ that was a oxymoron to begin with.

By the time the new admin takes seat, gas will be about $2.40 gal national avg in the US.

And for it to go lower, you would have to slow economic activity to soften demand even more.

If this should go on for any length of time,
There will be pressure from US producers for the government to put some kind of cap on production in the US. ‘CAP BABY CAP’ ? Is what it could be.

That does not work well in a open world market. You just cause them to loose market share.

Just one more BS coined phrase nobody thought through very well !

Let me invade my neighbor or else…

Once again, the threat of nukes. Or is it just the start of WW3 ? or is it both ?

 

I would say it is already WW3 as most nations of the earth are supporting one side or the other even without forces on the ground.

So, if you did not figure out what is in reference here, it is the war between Russia nand Ukraine.

And most recently additional range for targets of US weapons inside of limited areas of Kursk for military strikes.

 

If nukes are used, it would end this war much faster than not. Both the US and China would see to that.

But they use the threat to get into the minds of the populous. Fear is a motivator. Fear is also easily fabricated.

 

For those that think this was a move closer to WW3,

Where were those claims when RU took Crimea ?
Where were those clams when they invaded the UA mainland ?
Where were those claims when NK gave Artillery ?
Where were those claims when Iran gave Drones ?
Where were those claims when NK gave ballistic missiles ?
Where were those claims when Iran gave ballistic missiles ?
Whare were those claims when NK sent 12k fighters ?

When you defend against aggression, is it escalation ?

Well go ahead and hit me with that hammer. I won’t retard you.
At what point would you change you mind ? When it is your city ?

They are in your head and you are selling everyone out.

Didn’t we hear this when the US sent tanks ?
Didn’t we hear this when we sent F16’s
and on and on….
Do you send all these things to look pretty ? Or just provide them as additional targets to be taken out ?

While they do so safely behind their own border ? No retaliation ?

But I would like to know, just what would be so wrong with a world war if it meant stopping a slow aggression aimed at the entire world for dominance. Failure to act will absolutely result is a much larger war.

Are you afraid you might give up your comfortable life arguing with your computer screen ?

I might just point out that you should hold the same standard for Iran, Israel, Russia and China or you are just an enabler.

 

The west does not fear Russian NUKES, they fear things like a trans ocean fiber optic communication cable being cut at a time when cybersecurity hits are taking place.

No, the NUKES are to scare the people to put pressure on their government.

 

Try to keep it all in perspective.

 

Folks in the US are up in arms because they are being told of many people are ‘invading’ their southern border and are bad.

What would you think the reaction would  be if they were coming with missiles and nukes and killing everyone and destroying the towns as they marched through.

If they had NUKES, and threaten to use them, are you just going to let’m do it ?

 

A threat is a strategy in the hope you can scare someone to do or not you as you want. If they had any intentions of actually doing it, why warn anyone.

It soils the surprise. Being unpredictable is an asset.

 

Let me invade my neighbor or else…

Elections have consequences. Do you know what to expect. UN-Governing, the Money or Power.

New Administration ? What to expect. Perhaps even a New Administration ?

SO…

What to expect from a new poopy pants administration.
I am going to portray a very realistic view here based on what he has said and his history.

Let’s start with the appointments.

He wants ultimate control. Of everything. Every dept head is just potential interference.
So, he nominates the worst he can and at the same time seem like he is extending political favor to his supporters.

They are players in this game and like others, will end up under the bus.

It is intentional that he submits names that he knows will not get past the senate and will likely run the dept’s himself which is just what he wants.
Just watch the second choices.

The republicans will try to downplay any look of conflict. But it is there. Put it on a good face. Wear a mask.

Know that everything so strange has a purpose. Even if you are unaware of what it is.

So as we approach the end of Feb and he does not have a full cabinet, except those acting in temporary we are getting ahead of ourselves.

We have this Ukraine war to end before Jan 22. He is looking frantically for a solution to this before the day comes.
That will turn to muddying the water when he realizes, it’s not going to happen unless he makes a deal with Russia’s oligarch’s.
Some way to treat the man who fed you all these years. A sign that talk is just talk. Governing is hard work. And everything has implications.

So, while we re-live the daily chaos once again,
Starting with DEPORTATION.
There is an issue between those that supported him actually loosing their cheap workers.
So some exceptions will need to be made. So, it’s OK to have them if they are willing to work as slave labor for some US oligarch’s profit.
And they still will put up with the lack of safety rules in workforce with the threat of deportation hanging over them.
After all, those are the rules many went to China to bypass. We can home grow our own second class humans by importing them.
So, just who will be exempted… those who contributed to his campaign ? Redefine who is an immigrant ? Or just who they work for ?

Speaking of China.
No matter what tariffs they attempt to put in place,

China is now prepared to go after US oligarch’s which are supporters of the admin for they also have investments and manufacturing inside of China.
They learned a lot from the first go around and a good bit more from the US sanctions on Russia.

So… it is a test of will to see if the money in the US can withstand this.
The tariffs alone have repercussions, the retaliation will be even worse for the money of that inner circle

.
Ah… it’s always about the bottom line.
So will we have exception to these rules as well ? Have any teeth left or just for show.
Sounds like American Eception-ism. Headed right for some payola account.

While this stuff is trying to work itself to the surface, and I would consider it bad news for the admin, and look forward to culture plays in domestic politics to fill the headline daily so you don’t notice any of it.
We all know what that looks like. Have you forgot ?

So my real question is will any of the nations business get some work done to it in the first 6 months ?

We will have a debt limit extension that needs attention.
A budget agreement or a continuing extension ? for 4 years ?

When does this social security problem show it’s face ? Or should I say the solution for a problem that has yet to surface ? It makes reason for a change not many will like.
Speaking of that, are we going to make SS tax free ? It does not mean what you think.
Those folks who are collecting SS are not making enough to pay taxes on as it is. So you are giving a exemption to those who make lots of money.

For the low income /poor segment is not paying income tax on this money now..
That’s about $8k a year in tax savings to those that do not need it.

Speaking of no-tax on income….
No taxes on tips. Sounds like a good idea right.
While we all have the image in our mind or some waitress working her tail off to earn a living for her family,
it is the intent for money mangers to pay employee’s in TIPS for performance and those would be tax free as well.
If everyone is getting tax free but me, who wil pay the bills ?

These 2 tax free items could cost the government $500,000,000.

And somehow we are going to find 2 trillion ( $2,000,000,000,000 ) in savings to pay for it, but you have already run the cost up 1/4th of that.
So now you need to find a savings of $2,500,000,000,000.
If you fired all federal employee’s of the government, you can’t save 2 trillion bucks. So where will that be when they are not getting fired ?
They could shuffle the social security funds around and keep some of that in the budget. But someone is not getting paid as they were.
SS is 1/3 of the budget. Yea… you could get it all from there. I’m not promoting the idea, but it’s looking at me as the admin’s solution.

So, the idea of privatizing social security has been rolling around for decades. The US has never actually had a ‘TRUST FUND’ for it.
If so, just where is that money ? We should be making money on it somewhere. Where is the interest on it ? How much is that ?
Don’t be surprised if employer contributions disappear in this shuffle. But you do have to ‘sell-it’ as something juicy’ even if it is a lie.

But in all of this mess we will soon have to experience.

Nothing comes out of thin air. There is someone behind the scene promoting the ideas that have some motivation for doing so.

This has every indication that it is some big money mangers. Vance may be evidence of some of that.

For I don’t expect it will be long before there is a conflict between the man who wants all the power and those who want all the money.

Baked-in to this pie, is a method to oust POTUS and let Vance take over. The man is so corrupt and such a liar that it should not be hard to catch him and turn on him to make this happen.

It’s a pretty safe bet if you like to do such things.

It’s all about these critical picks of who is in that cabinet in the beginning that are confirmed by the senate. Will they be owned by the money or the power hungry ?

Will he even make it to the mid-term elections is my question. I doubt if the money has enough time to make the changes they want short of 3 years, but it could be.

President Vance ? He was the tell tale sign of what was actually going on in this power/money play. My bet is on the money.

For they also have a large percentage of influence in Congress.

 

Break a glass and we can glue it together again.

Burn it down and then what do you do ?

Be the glue and the water.

Russia Russia Russia

The Long Version….

And the Short Version…

Trump – Biden Classified Documents cases said simply in compare.

But never did Biden say…

He didn’t have them 6+ times…
Only turn over some of them…
Claim they were his and the government had no right to them after they came and took what he said he didn’t have…
Say he had declassified them in his mind…
Brag about what he had and the secrets therein themselves to people who had no clearance…

Just a few to refresh a selective memory if you should find one out there.

 

But anyone is free to draw a concussion as to why you would do such a thing. But it seems nobody does that publicly.

Is this about Money or Extortion or both ? Protection from legal avenues he knew were coming ?

In all of this, you do have to wonder what was not taken back and out there or already sold/traded given away for earlier deeds.

Has anyone given thought to digital copies of what was taken back. How would you know these were not copied and sold already or waiting to be sold in digitized formats.

Surprising to me is that there is no accountability for documents when they get to the White House. Even SCIF doc’s.

Looking at world events after Trump left office, one could draw a conclusion that Iran suddenly knew where some of it’s intelligence leaks were, and began removing them.

The question becomes, did Russia have the info and share it will Iran and where did Russia get the intel. It just does not add up well.

Nobody in the Trump admin had anything close to ties with Iran, But they did with Russia. Did Russia broker this?

While I am sure the NSA would know more about this, they are bound not to share that with the FBI.

The current situation in Ukraine – Standing and Funding

Ukraine sent hundreds of drones over the border targeting refineries and energy infrastructure to quash Russia’s ability to finance war production. Seems the primary target this round.

And of course this right before Russian elections. Where Putin once again rattles NUKES.
This announcement sounded a bit weaker than any before. I invite anyone to read the text of it. Because of the election ? It’s your guess but surprising anyway.

Ukraine has been pretty consistent at taking out energy infrastructure over the last 4-5 months now. Both in terms of fuel for the front and export ability.

It can be said that Russia had just as many issues heating their homes as Ukraine did this past winter. But only in certain areas. But nothing like the year before for Ukraine.

That is due to the fact they can not launch as many missiles from the Black Sea or west Crimea. It’s stuck launching them from sub’s in the Black Sea and land based launches that come from the homeland or areas around the sea of Azov where air protection for the bridge is high.

So, the impact from last night likely will not be seen or felt for at least 30 days. But if Ukraine can preform these even once a month, it would be devastating. I think they have the ability to do them up to 3 times a month. But likely a delay to obtain intel on how effective each was to know if they need to re-target the same area. This would delay them a bit.

As it is now, Russia will need to re-allocate resources to defend key infrastructure. I’m sure they are scratching their heads right now to come up with an answer, but I think they are running low on options. They simply do not have the ability to counter high numbers of these drones.

As a discharge petition gets started in the HOUSE to force the foreign aid bill, which looks to have a reasonable chance of not only forcing the vote, but passing because of the days ago announcement of one GOP member (Buck) that was set to not run for re-election, is now going to resign Saturday. Meaning the GOP can only loose 2 of it’s own members votes to block this. I suspect that when some know it’s going to pass, they will jump on board to save face with voters in their home district.

Fearing a GOP failure, again, they have had a time to create their own and try to get Border issues they rejected earlier injected again, only they know are unlikely to get past the democrats to confuse and quash the whole thing again. Boy, if they would only put as much effort into actually doing something over blocking everything.
https://www.axios.com/2024/03/12/dis…se-ukraine-aid

But meanwhile, Biden found the last dirt on the floor at the pentagon of 300 million in leftovers to send Ukraine in some stop-gap weapons. Likely artillery shells, ATACMS, HIMARS GMRLS among those. Perhaps only a months worth.
https://www.nytimes.com/2024/03/12/u…raine-war.html