@BujokMr Nah. Lag of a week or two for prices to fall naturally. He makes this statement, gas prices drop next week regardless of his statements, and then he looks like a hero who stood up to bullies. All for show.
@RalphTheMaker@BenjaminDEKR It’s going to happen. And in 10 years Moore’s Law says processing power will become even more powerful and these data centers will be sitting and rotting. Plus quantum compute is coming at some point. Good news is all the power and water infrastructure can be used for other stuff
@Jonalius@calvinfroedge Didn’t say it wasn’t profitable. It just isn’t enough to do much else other than working an unchanged existing long term drilling program.
@4nt1p4tt3rn In Texas, judgment claims rules prevent houses, retirement, IRAs, most physical assets and normal income from being garnished to pay the claim. Only your cash savings not in retirement accounts can be taken. So they could sue but won’t get much.
@NurysKMateo@united I was on United plane last week and the flight attendant did just this. And four people rushed off ahead of everyone to make their connection.
@JoshYoung Pretty steep drop off in proved reserves after 2032 time frame once Permian peaks. Doesn’t mean we won’t find more or improve recovery rates through technology. But this chart needs to be forward looking to really prove the overall point IMO.