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MWM

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Alias Born 03/31/2006

MWM

Re: Dallas-Cowboys post# 41802

Wednesday, 11/16/2022 3:23:18 PM

Wednesday, November 16, 2022 3:23:18 PM

Post# of 51695
It's all BS. But what I can tell you is that none of it matters. So we don't build a pipeline, well prices go up over here. So we don't export more LNG, natty prices go down over here. It's a dog and pony show. Drilling has been constant since 2008, play politics with it all that you want but the only thing that slowed us down was Covid, ironically UNDER Trump. Supply and demand is the real name of the game. Biden, Trump, none of them control it.

Obama was responsible for the Shale revolution. And what happened after that? Prices collapsed because of over production. Smart companies are not going to get wiped out again by overproducing in this environment so that they can go down again if another recession hits. There is an equilibrium and politics is only the shiny toy the media dangles in front of you to keep you entertained.

None of it matters.

What does matter however is it is the perfect storm for Delfin, right here right now...

Leave the ding dong politics rhetoric off the board. It is of little consequence. Last I checked Biden OK'd more LNG projects than Trump, and again that doesn't mean anything...

https://www.macrotrends.net/2562/us-crude-oil-production-historical-chart