vtsnowedin wrote:AdamB wrote:Good thing Biden never changed any rules related to drilling and production operations then. Any more than Bernie claiming we need to be socialist made Vermonters socialist.
Ahh but he has. From locking out Alaska's Anwar , plus off shore, and any new permits on Federal land .
You'll forgive me for my experience knowing the difference between changes that would ever change my CapX planning for an entire company. You know, like I once did for a living.
Anwar has been a football for decades, and has been irrelevant that entire time. Offshore has always had more stringent requirements for development, under Trump just like Biden, and no, Joe didn't change any that matter, and we have already discussed why permits on Federal land were also irrelevant within the time frame he reversed his decision within.
Your always on, always repetitive anti-D inflicted ignorance on this topic is not becoming.
vtsnowedin wrote:To adding on whole new layers of permit regulation where bureaucrats spend years determining the "Carbon life cycle cost of a permit".
Planning out new rules in the future, like past administrations, doesn't change production and operational procedures today. Name the regulation or changes to permitting (which by the way doesn't affect a thing where permits are given on most land, which is by the state) which might change capital outlays in the future. Otherwise wait until then to pretend current production is being effected.
vtsnowedin wrote:He has made it fiduciarilly irresponsible for any board of directors to spend any cap ex money for any project with a lifetime of more the a couple of years.
Please point out the financial, tax or fiduciary law or regulation created and enforced on oil and gas corporations or signed into law by Biden that changes the CapX calculation of companies in some way that IN AND OF ITSELF, would stop them from spending money.
And no, idiot bobble heads on your favorite misinformation outlet doesn't equal the law or regulation and its federally required nomenclature so someone like me can find it and apply it in conjunction with the lawyers and accountants when creating next years CapX budget.
vtsnowedin wrote:He has pledged to put them out of business by 2030 or 2035 (depending on the speech) and the boards have to take that at face value.
Are you seriously as blind to reality as StarvingPuutyTat that you don't know the difference between a rule, regulation or some passed law and a politician speculating on hopes and dreams? Or are Fox News bobble heads talking points and hopes and dreams the best you can do?
Let me guess VT, you've got zero, and I mean ZERO experience with much beyond running a crew where one of those damnable engineers you don't like much was off handling the real work that made it all possible? Because either you are being dumb on purpose as part of your anti-D charade, or you really don't know squat about how big capital outlays get done at the state or federal level, be it the time frame planning, the financials, regulatory and environmental compliance work, and then managing a project the size of, you know, like a significant fraction of your entire state's annual budget?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"