“He built a movement” is not a rebuttal. Cult leaders, MLM guys, and the person who runs the local Facebook rant group all built movements. A crowd that mostly exists to clap for the same three takes and then get banned again is a fan club, not an argument.
“What have you done?” is the backup plan when you cannot answer the actual point. By that standard the office printer guy outranks half the internet.
You don’t need $400 million” is the energy equivalent of “anyone can start a restaurant, just buy a spatula.”
Yes, you can bid the federal minimum and own a postage stamp of dirt. Congratulations. You now own the legal right to lose money. Seismic is not a weekend hobby. A dry hole is not a personality quirk. A real program is crews, rigs, bonds, lawyers, and the stomach to light seven figures on fire when the rock is empty. “Anyone can buy leases” is how people who have never paid for a well talk.
“We aren’t Norway” is not a point. It’s a participation trophy. Norway took public oil, kept a huge cut, and turned it into a $2T+ fund so a country the size of Minnesota sits on hundreds of thousands of dollars per person. You looked at that and said “cute, but we have $4.19 gas and that’s freedom.” Freedom from what? From capturing the upside on public resources? From a sovereign wealth fund that isn’t just a slide in a campaign deck?
State companies aren’t “for losers.” Losers are people who think a two-bullet tweet refutes geology, capital intensity, and a trillion-dollar counterexample. You’re not defending markets. You’re defending the idea that if a poor person theoretically could buy 40 acres of hope, the system is therefore optimal.
Anyone can type “1. 2.”
Not anyone can run an oil company.
The difference is why one of you has a fund and the other has a ratio.
“Anyone can buy leases” is like saying anyone can buy a Super Bowl ticket. Sure. Just bring $400 million, a seismic crew, and a tolerance for dry holes.
State-owned companies being “for losers” is cute until you remember Norway’s sovereign wealth fund is sitting on a trillion dollars from oil the public actually owns. Meanwhile we’re out here arguing over $4.19 gas and calling that freedom.
@Tex2Big@MarindaVannoy1 Owning stock ≠ the people owning the oil.
A share is a claim on company profit. It is not a deed to the reservoir, and it does not get you cheaper gas. You still pay the number on the sign.
@ReturningAmeri1@MarsyZepata@ewarren Another reason the Federal Department of Education should be closed: it's a waste of taxpayers' money. Let the states run it. Either the 27% start paying or let the other 73% into a government pension they can afford and actually retire on.