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The Water Cooler
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Oil Subsidies
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<blockquote data-quote="RidgeHunter" data-source="post: 1608615" data-attributes="member: 4319"><p>Semantics. </p><p></p><p>If I tell you I'm not giving you a beer because I only have one left, but I really have 20....guess who still ain't getting a beer? A manufactured shortage is still a shortage.</p><p></p><p></p><p></p><p></p><p>Same logic as above. Oil we can't access is oil we don't have. Birds in hands and bushes and whatnot.</p><p></p><p></p><p></p><p>LOL, nice graph. So a higher rig count correlates with higher oil prices? Whodda thunk it?</p><p></p><p>This is by far the most circular debate in OSA history; you guys are agreeing with each other as much as you're disagreeing and you don't even realize it.</p><p></p><p>The world's oil consumption is not sustainable. That's all that matters. Cheap prices are not sustainable; they are able to be propped up for a bit and that's it. We need to move on.</p></blockquote><p></p>
[QUOTE="RidgeHunter, post: 1608615, member: 4319"] Semantics. If I tell you I'm not giving you a beer because I only have one left, but I really have 20....guess who still ain't getting a beer? A manufactured shortage is still a shortage. Same logic as above. Oil we can't access is oil we don't have. Birds in hands and bushes and whatnot. LOL, nice graph. So a higher rig count correlates with higher oil prices? Whodda thunk it? This is by far the most circular debate in OSA history; you guys are agreeing with each other as much as you're disagreeing and you don't even realize it. The world's oil consumption is not sustainable. That's all that matters. Cheap prices are not sustainable; they are able to be propped up for a bit and that's it. We need to move on. [/QUOTE]
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