Tim 9 retweetledi
Shale gas has saved U.S. natural gas consumers a total of $4.5-$5.3 trillion since 2007, equivalent to $237-$276 billion annually, or $716-$833 per person annually - new analysis from UC Berkeley
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Tim 9
268 posts
Tim 9
@Tim_L_Nein
Eagle Ford O&G Operator; UWyo.
Houston, TX Katılım Kasım 2022
438 Takip Edilen115 Takipçiler
@NightCompanyman @EnergyCredit1 I was at Hilorp then. We received the referenced payout in Aug 2015 as part of Hilcorp’s 5-year plan set in 2010. Double the rate, reserves, and equity value within 5 yrs and get the payout. They set a new plan every 5 yrs. Fun program.
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@EnergyCredit1 Hilcorp gave every employee a $100k Christmas bonus in 2015
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It’s about how you treat people and your employees
Can anyone show me one example like this in oil & gas
Mgmt sharing 240 mil with employees when they need not?
Doubtful
I personally offered a junior analyst 250k of my bonus when I need not
Success and failure happens in every industry. How you treat people when success happens what matters
wsj.com/business/fibre…
Collin McLelland 🏴☠️@FracSlap
@EnergyCredit1 Get outside and drill a well if you think you can do better
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@williamjames @ENERGY Gasoline would be $12/gal had the US oil & gas industry not been drilling unprecedented amounts of lateral footage over the past decade. That’s why keeping the US oil industry healthy and efficient is so vital to the world economy. It keeps a check on high ($10+) gasoline prices
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@ENERGY You’ve been saying that for 10 years. Why is gas $6/gallon?
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@LTC65623989 @glcarlstrom Gas is still cheap. We had higher oil prices 15 years ago than today. Adjust for inflation and we’re getting our current energy for a hell of a bargain even with this recent run up.
People are used to having constantly decreasing oil & gas prices, but that isn’t realistic.
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@glcarlstrom My guy, gasoline at the pump has gone up on average 20 cents a week since the onset of the war. Really, who do you think is going to cry uncle first? Will it be at $6? $7?
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At the end of the day, though, Iran desperately needs a way out of its economic doom loop. If it can't translate tactical wins into a deal that provides significant sanctions relief, stubbornness may end up looking like a self-defeating strategy
Jonathan Lemire@JonLemire
How do you end a war when your opponent won’t budge? While Trump grasps for an exit, Iran seems hell-bent on pulling off something it’s historically done well: Humiliating an American president theatlantic.com/national-secur…
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@OilHeadlineNews Should have been hedging low fuel prices on a rolling basis leading up to the Iran conflict. Hard to believe they weren’t taking advantage of that gift.
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U.S. AIRLINES SPENT OVER $5 BILLION ON FUEL IN MARCH ALONE, UP 30% FROM LAST YEAR, ACCORDING TO WSJ
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Tim 9 retweetledi
UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were 'Implausible' - @zerohedge
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Tim 9 retweetledi
Funny thing about Elizabeth Warren’s “consumer protection”: she’ll torch a merger over 9% market share, but cheer the federal government monopolizing your healthcare, your student loans, your childcare, your bank, and your housing.
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@dartinguphill Filled up today for $3.55/gal in Houston. Why do Californians allow their elected officials to do this to them?
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filled up the Silverado. I'm quite sick to my stomach now @ $7.39 per gallon
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@cturnbull1968 And airline management never thought to manage their risk and hedge dirt cheap fuel prices offered over the past two years? Inexcusable.
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This is caused by poor management. They should have been hedging diesel prices when oil & diesel prices were dirt cheap over the last couple of years. With as much debt as they carry, I’m shocked this wasn’t a primary focus.
All airlines should take note
MP Arizona☀️🏳️🌈💙🌵🐕🐕🦺🫂💦🏜🐟🌴🎙🌎🌻♍️🌊@AzPetrich
Make no mistake, Spirit Airlines shutting down and 17,000 people losing their jobs is entirely due to rising jet fuel costs brought on by the Trump/Epstein war on Iran.
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@SenWarren @JetBlue @SpiritAirlines @JusticeATR @USDOT Why is Elizabeth Warren in a position of influence over the FTC? She consistently lets her political ideology cloud her judgment and believes mergers create monopolies, when in fact, most mergers create new entities that better compete against stronger, existing competitors.
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I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares.
@JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation.
This is a Biden win for flyers! apnews.com/article/jetblu…
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@MeidasTouch Can he thoughtfully explain how we producers can possibly price gouge? I, like any other producer, am a price taker. I can’t set the price of oil. The market of a large pool of oil buyers sets the price that we take.
Rep Burchett needs someone to educate him on this matter.
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Rep. Burchett (R-TN) refuses to put any blame on Trump for high gas prices.
Burchett: It has to do with the greed of the oil companies. We buy zero oil from Iran. 90% of their oil they sell to China. They're just gouging us. And I blame Congress.
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Tim 9 retweetledi
Futures prices for oil don't reflect the need to refill global stockpiles that are being rapidly depleted, @liamdenning says. Oil prices along the curve need to rise to encourage more production - Bloomberg
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@zerohedge Still can’t figure out why these airlines weren’t hedging when the prices of oil and refined products were absurdly low.
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@EnergyCynic @ChevExec How does the government not have to fully compensate the landowners for this loss in value? Seems clear cut to me.
If I had productive land in NY, I’d be up in arms.
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The fracking ban is ridiculous.
That being said, I’d bet big dollars there are other industry players behind this suit who stand to benefit.
Pacific Legal 🗡⚖️@PacificLegal
BREAKING: New York banned fracking by executive order — then expanded the ban to every method of accessing natural gas. A father and son's 164-acre property sitting on a rich gas reserve, was rendered worthless overnight. We filed suit to stop this unconstitutional taking.
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@OilHeadlineNews Can they urge the futures market to move up the backend of the curve for us while they’re at it?
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Energy Secretary Chris Wright and Interior Secretary Doug Burgum will urge the heads of top U.S. oil and gas companies in a call Thursday to increase drilling in a bid to lower oil prices, three people with direct knowledge of the call told Politico
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TRUMP PREDICTS OIL PRICES WILL DROP BACK TO OR BELOW PREVIOUS LEVELS.
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@Spanish_Manny @FirstSquawk Producers can’t gouge price. We’re price takers in the market. I, nor any of my peers, can set a price. We can only take a price offered by the market.
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@FirstSquawk They are gonna tell them to stop price gauging. Per usual.
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WHITE HOUSE TO HOST CALL WITH US OIL EXECUTIVES ON THURSDAY - POLITICO
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@brithume @allengilmer Wow. I guess the rich are paying more than their fair share after all.
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Quote: @“. According to the official numbers from the IRS, the top 1% of income-tax filers in 2022 contributed 40.4% of the revenue. The top 10% of filers paid 72%. The top quarter contributed 87.2%.” wsj.com/opinion/a-tax-…
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@OilHeadlineNews I can’t believe they weren’t hedging when prices were unsustainably low on the oil front. Really bad decisions and risk management by the execs.
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Delta Air Lines Inc. will spend an extra $2.5 billion on jet fuel this quarter because of the Iran war, and the airline is looking for ways to pass those costs on to its customers, Chief Executive Officer Ed Bastian said. - Bloomberg
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