Difference between revisions of "User:Conservative/oil"
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Capitalism/Economics 101: The cure for high oil prices is high oil prices. Drill, baby, drill. "The US can ramp up oil production relatively quickly, with the time from increased drilling activity to increased production averaging about six months, especially for short-cycle tight oil."[https://www.google.com/search?q=how+fast+can+the++usa+ramp+up+oil+production&sca_esv=e81afafc0933ec03&sxsrf=AHTn8zqA-bRfKFOMydfJVwnM0nNAV4MAaw%3A1742088859097&ei=myrWZ9q2BfCg5NoPz9Sm0Ao&ved=0ahUKEwia8PPcuo2MAxVwEFkFHU-qCaoQ4dUDCBA&uact=5&oq=how+fast+can+the++usa+ramp+up+oil+production&gs_lp=Egxnd3Mtd2l6LXNlcnAiLGhvdyBmYXN0IGNhbiB0aGUgIHVzYSByYW1wIHVwIG9pbCBwcm9kdWN0aW9uMgUQABjvBTIIEAAYgAQYogRIkBJQywhYwg1wAXgBkAEAmAGBAaABqwSqAQMxLjS4AQPIAQD4AQGYAgSgAtQCwgIKEAAYsAMY1gQYR8ICBBAjGCeYAwCIBgGQBgiSBwMyLjKgB70S&sclient=gws-wiz-serp] | Capitalism/Economics 101: The cure for high oil prices is high oil prices. Drill, baby, drill. "The US can ramp up oil production relatively quickly, with the time from increased drilling activity to increased production averaging about six months, especially for short-cycle tight oil."[https://www.google.com/search?q=how+fast+can+the++usa+ramp+up+oil+production&sca_esv=e81afafc0933ec03&sxsrf=AHTn8zqA-bRfKFOMydfJVwnM0nNAV4MAaw%3A1742088859097&ei=myrWZ9q2BfCg5NoPz9Sm0Ao&ved=0ahUKEwia8PPcuo2MAxVwEFkFHU-qCaoQ4dUDCBA&uact=5&oq=how+fast+can+the++usa+ramp+up+oil+production&gs_lp=Egxnd3Mtd2l6LXNlcnAiLGhvdyBmYXN0IGNhbiB0aGUgIHVzYSByYW1wIHVwIG9pbCBwcm9kdWN0aW9uMgUQABjvBTIIEAAYgAQYogRIkBJQywhYwg1wAXgBkAEAmAGBAaABqwSqAQMxLjS4AQPIAQD4AQGYAgSgAtQCwgIKEAAYsAMY1gQYR8ICBBAjGCeYAwCIBgGQBgiSBwMyLjKgB70S&sclient=gws-wiz-serp] | ||
| − | + | "We have more than enough ability in this country to produce enough oil to make up for the percentage that we buy from Russia," said Sen. Marco Rubio, R-Fla., during an interview on March 6, 2022.[https://www.youtube.com/watch?v=DqPPvW2uE8s&t=119s] | |
== Donald Trump and oil prices == | == Donald Trump and oil prices == | ||
Revision as of 01:39, March 16, 2025
US oil production
Capitalism/Economics 101: The cure for high oil prices is high oil prices. Drill, baby, drill. "The US can ramp up oil production relatively quickly, with the time from increased drilling activity to increased production averaging about six months, especially for short-cycle tight oil."[1]
"We have more than enough ability in this country to produce enough oil to make up for the percentage that we buy from Russia," said Sen. Marco Rubio, R-Fla., during an interview on March 6, 2022.[2]
Donald Trump and oil prices
- Trump's likely first moves on US energy policy, Reuters, 2025
Oil charts
Oil: price of crude chart:
- Crude oil price, TradingEconomics.com
- Crude oil futures chart. Google.com, chart
- Crude oil price chart, DailyFX.com
- Crude oil price chart- updated monthly
Russian oil
- OPEC’s Waning Influence and the Weak Outlook for Russian Oil, Russian Post, October 1, 2024
Russian crude oil production
Urals oil
- Urals Oil Price, TradingEconomics.com
Russian oil: Lower future production/profits due to future higher extraction costs and other inefficiencies
Are we running out of oil?
- Are we running out of oil?, Penn State University
“The stone age came to an end, not for lack of stones, and the oil age will end, but not for lack of oil.” - Sheik Ahmed Zahi Yamani, the longtime Saudi oil minister and a key founder of OPEC