

They’ve already pitched the idea of a 10% toll


They’ve already pitched the idea of a 10% toll


Nah, like a couple weeks. They ship in a team along with the equipment and then they go to town
Something like deep water rigs can take years to build, but actually tapping a well is pretty quick. But then you can’t just seal it back up - or at least humanity has never bothered to learn how to do so. So companies will sit on them for years to keep production steady, if the cost of oil falls they might move it to a sacrificial shell company and leave it leaking for tax payers to eventually clean up


I’ve heard more than enough of it. They just repeat the same lies over and over


We have tons of untapped oil fields easier to drill in the US that oil companies are sitting on, and we already get something like 1/3 of Venezuelan oil as is
But we still need the oil from the middle east, we mix our heavier oil with theirs in the refining process. We’re draining our reserves to keep the price low domestically, that and the statements that the strait will be reopened imminently is keeping the price relatively low… For now. Our economy is all speculation after all.


For sure… Also creating an environment of distrust isn’t great for morale or performance
Not to mention reenlistment rates are way down. Hard to overstate the importance of institutional knowledge


We’re way past a smooth transition. War is never something that should be cheered on, but if this if the kick in the pants humanity needs to break free from oil, that would be quite the silver lining


A lint fire. And honestly, I believe it - there’s been a pattern of maintenance issues and sloppiness causing problems this year
If they wrapped that in the right spin it might just give Putin enough wiggle room to back down without losing his head