The U.S. is not in control of Oil prices, and will be less so with each coming year...btw, shale oil

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The U.S. is not in control of Oil prices, and will be less so with each coming year...btw, shale oil

Author: TyroneIrish (18099 Posts - Joined: Oct 8, 2020)

Posted at 12:01 am on Jan 22, 2025

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production is expensive and peaking in most locations...we need to invest in new nuclear power plants that will come on line beginning in 2030...provided DJT doesn't ignore them in favor of Fossil Fuels.

Inform yourself with the attached Investopedia article...

Link: https://www.investopedia.com/articles/investing/081315/opec-vs-us-who-controls-oil-prices.asp

Replies to: "The U.S. is not in control of Oil prices, and will be less so with each coming year...btw, shale oil"

Trump announces an "Energy Emergency" Program..."Drill, Baby, Drill"...but not a word about Nuclear - TyroneIrish - 8:00pm 1/21/25 (16) [View All]
- What is a typical time estimate from prelim design to start-up for Framatome, Westinghouse or - JarHead4ND - 2:41am 1/22/25
- Nuke related stocks soared after announcement of the AI mega-investment - Curly1918 - 2:06am 1/22/25
- Nuclear is a long term (more than a few years) strategy. You don’t see that in US politics anymore. [NT] - Shadow_of_the_Dome - 10:52pm 1/21/25
  - A president' EO is a short-term policy. Long term one can't be done by a president alone. He doesn't - Eli - 1:33am 1/22/25
  - Current plans call for GEN-IV Nuclear Reactors to provide for a reliable and sustainable electricity [LINK] - TyroneIrish - 11:43pm 1/21/25
  - Correct which is a major issue. [NT] - Frank L - 10:55pm 1/21/25
- US producing more fossil fuel than ever before, and DJT says it’s nonexistent. - jimbasil - 8:11pm 1/21/25
  - No. DJT tells truth. You're ignorant on Economics 101, as always. - Eli - 10:31pm 1/21/25
    - He tells the truth? You’re a comedian now? If you’re not, you’re an idiots’, idiot. [NT] - jimbasil - 1:24am 1/22/25
    - The U.S. is not in control of Oil prices, and will be less so with each coming year...btw, shale oil [LINK] - TyroneIrish - 12:01am 1/22/25
      - If U.S. is not in control of Oil prices, what is the purpose to sell 50% SPR by Biden in 22-23? [NT] - Eli - 1:06am 1/22/25
        The SPR is for use in reducing the effects of short term shocks in oil pricing...Biden successfully - TyroneIrish - 1:52am 1/22/25
  - He’s a cop beaters endorser moron. [NT] - Frank L - 9:45pm 1/21/25
    - Capitol Police Officer, beaten and hospitalized on Jan. 6th responds to Trump pardons for rioters... - TyroneIrish - 10:10pm 1/21/25
      - Orange is a despicable piece of shit. Willing to endorse cop beaters to advance his dick agenda. [NT] - Frank L - 10:41pm 1/21/25
        DJT claims that other nations are emptying their jails into the U.S...That's what he is now doing to - TyroneIrish - 2:00am 1/22/25