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Libs, is Texas still going blue after Biden said he would end oil industry?

...
emerald sinister therapy
  10/22/20
sincere question - is oil a big industry in texas at this po...
flushed goyim
  10/22/20
Already put Joe to bed, Jill? That was fast.
emerald sinister therapy
  10/22/20
yes. still the single biggest industry though tech will over...
Gaped Swashbuckling Native Police Squad
  10/22/20
direct extraction is 14% of state GDP, not including associa...
dashing red abode psychic
  10/22/20
Uh, no, not at all. More like the horse buggy industry in Pe...
startled bateful nibblets den
  10/22/20
yes, yes it is
comical aggressive multi-billionaire nursing home
  10/23/20
Nope - that was the stake through the heart
odious toaster doctorate
  10/22/20
And for what? What did he gain by saying that?
emerald sinister therapy
  10/22/20
California
Spruce Rebellious Wagecucks Location
  10/22/20
Was California not voting for Biden overwhelmingly?
startled bateful nibblets den
  10/22/20
WHOOSH
Exhilarant costumed legal warrant personal credit line
  10/22/20
...
comical aggressive multi-billionaire nursing home
  10/23/20
Zero. He’s retarded
odious toaster doctorate
  10/22/20
It probably wasn't going blue anyway, but Biden's plan to tr...
Exhilarant costumed legal warrant personal credit line
  10/22/20
sup neera tanden
richard clock
  10/22/20
Maybe if you spam your Share Blue talking points enough, you...
soul-stirring sepia temple deer antler
  10/22/20
I'm in the oil business.
Exhilarant costumed legal warrant personal credit line
  10/22/20
This is like the fourth thread you’ve copy pasted this...
heady territorial stock car degenerate
  10/22/20
I wrote it. It's a much more complicated and nuanced issue ...
Exhilarant costumed legal warrant personal credit line
  10/22/20
No it's not really that nuanced. To anyone that has followed...
startled bateful nibblets den
  10/22/20
Well Exxon is pretty clearly going with "fuck that"...
Exhilarant costumed legal warrant personal credit line
  10/22/20
I don't disagree that the oil majors are looking at other av...
startled bateful nibblets den
  10/22/20
Yeah, that's one of the points I always make when people wan...
Exhilarant costumed legal warrant personal credit line
  10/23/20
I view it as analogous to data center transitioning to cloud...
Fighting sex offender
  10/23/20
Yeah, agree. Incumbents are rarely the innovators. That be...
Exhilarant costumed legal warrant personal credit line
  10/23/20
international oil companies are subject to carbon taxes and ...
balding market sneaky criminal
  10/23/20
Hey moron, supermajors aren’t the Oil Industry in texa...
duck-like center
  10/23/20
Major independents such as Anadarko, Noble, and Concho? And...
Exhilarant costumed legal warrant personal credit line
  10/23/20
texas is 73c on predictit jesus libs are delusional
peach deep space
  10/22/20
Because they think Texas is going for Trump?
Exhilarant costumed legal warrant personal credit line
  10/22/20
"It probably wasn't going blue anyway"
fragrant spot
  10/22/20
Correct.
Exhilarant costumed legal warrant personal credit line
  10/22/20
Lol, delusional!
fragrant spot
  10/22/20
I don't understand.
Exhilarant costumed legal warrant personal credit line
  10/23/20
lmao you're one of the blown out holds on this trade aren't ...
peach deep space
  10/22/20
Texas is ONLY lean Republican. Delusional Libs!
violent prole
  10/22/20
*"Dallas" theme tune plays*
Chrome business firm dog poop
  10/23/20
...
Out-of-control Ivory Gunner
  10/23/20
...
beady-eyed cobalt weed whacker karate
  10/23/20
...
laughsome anal home clown
  10/23/20
it went blue for beta o'dork why wouldnt it for jose biden
Buck-toothed adventurous rehab community account
  10/23/20
lol
comical aggressive multi-billionaire nursing home
  10/23/20
ITT: Trumpmos cheering that debate will win them Texas (btw ...
arrogant idiotic station
  10/23/20
cope more debate locked down NC/AZ/FL for trump. TX/GA wa...
Gaped Swashbuckling Native Police Squad
  10/23/20
The trumpmo overconfidence about Arizona is bizarre. Even i...
Fighting sex offender
  10/23/20
cope more
Gaped Swashbuckling Native Police Squad
  10/23/20
LOL I'm supposed to cope with you being delusional? Nah I'd...
Fighting sex offender
  10/23/20
me: BS in EECS 3.85 GPA, MS EECS 4.0, STEM bro designing cir...
Gaped Swashbuckling Native Police Squad
  10/23/20
Me: not an autistic faggot
Fighting sex offender
  10/23/20
oh wow we have a real life chill well adjusted CHAD here dei...
Gaped Swashbuckling Native Police Squad
  10/23/20
🤔
Big-titted Son Of Senegal Preventive Strike
  10/23/20
Just think of how bad texas will feel after the end of Biden...
Exciting principal's office pisswyrm
  10/23/20
lol fag
,.,.,.,.,,.,..,:,,:,,.,:,.,,.,:.,,.:.,:.,:.::,.
  11/04/26
...
Idris "Thoughts & Tariffs" Elba
  11/04/26


Poast new message in this thread



Reply

Date: October 22nd, 2020 11:18 PM
Author: emerald sinister therapy



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169675)



Reply

Date: October 22nd, 2020 11:26 PM
Author: flushed goyim

sincere question - is oil a big industry in texas at this point?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169774)



Reply

Date: October 22nd, 2020 11:26 PM
Author: emerald sinister therapy

Already put Joe to bed, Jill? That was fast.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169782)



Reply

Date: October 22nd, 2020 11:27 PM
Author: Gaped Swashbuckling Native Police Squad

yes. still the single biggest industry though tech will overtake it soon

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169784)



Reply

Date: October 22nd, 2020 11:32 PM
Author: dashing red abode psychic

direct extraction is 14% of state GDP, not including associated financial services, manufacturing etc. It's something like 40% of the entire domestic oil production capacity of the country.

https://www.statista.com/statistics/304890/texas-real-gdp-by-industry/

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169859)



Reply

Date: October 22nd, 2020 11:37 PM
Author: startled bateful nibblets den

Uh, no, not at all. More like the horse buggy industry in Pennsylvania.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169904)



Reply

Date: October 23rd, 2020 5:28 AM
Author: comical aggressive multi-billionaire nursing home

yes, yes it is

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170940)



Reply

Date: October 22nd, 2020 11:29 PM
Author: odious toaster doctorate

Nope - that was the stake through the heart

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169815)



Reply

Date: October 22nd, 2020 11:33 PM
Author: emerald sinister therapy

And for what? What did he gain by saying that?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169870)



Reply

Date: October 22nd, 2020 11:34 PM
Author: Spruce Rebellious Wagecucks Location

California

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169876)



Reply

Date: October 22nd, 2020 11:40 PM
Author: startled bateful nibblets den

Was California not voting for Biden overwhelmingly?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169931)



Reply

Date: October 22nd, 2020 11:41 PM
Author: Exhilarant costumed legal warrant personal credit line

WHOOSH

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169938)



Reply

Date: October 23rd, 2020 5:29 AM
Author: comical aggressive multi-billionaire nursing home



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170941)



Reply

Date: October 22nd, 2020 11:34 PM
Author: odious toaster doctorate

Zero. He’s retarded

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169881)



Reply

Date: October 22nd, 2020 11:36 PM
Author: Exhilarant costumed legal warrant personal credit line

It probably wasn't going blue anyway, but Biden's plan to transition out and be net zero emissions is exactly in line with the oil super majors' plan.

The oil industry is literally committing to ending the oil industry right now. All are going to zero-emissions targets. All the big new investment is in renewables and natural gas. Biden's statement is perfectly in-line with what the majors plan over the next 25-50 years.

https://www.conocophillips.com/sustainability/sustainability-news/story/conocophillips-adopts-paris-aligned-climate-risk-framework-to-meet-net-zero-operational-emissions-ambition-by-2050/

https://www.bp.com/en/global/corporate/news-and-insights/press-releases/bernard-looney-announces-new-ambition-for-bp.html

https://www.greentechmedia.com/articles/read/bp-to-invest-5b-a-year-on-low-carbon-and-cut-fossil-fuel-output-by-40-percent-by-2030

There's a lot of talk about hitting peak demand around 2030.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169895)



Reply
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Date: October 22nd, 2020 11:36 PM
Author: richard clock

sup neera tanden

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169901)



Reply

Date: October 22nd, 2020 11:37 PM
Author: soul-stirring sepia temple deer antler

Maybe if you spam your Share Blue talking points enough, you’ll be able to convince a single person. Keep at it little buddy!

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169912)



Reply

Date: October 22nd, 2020 11:39 PM
Author: Exhilarant costumed legal warrant personal credit line

I'm in the oil business.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169921)



Reply

Date: October 22nd, 2020 11:38 PM
Author: heady territorial stock car degenerate

This is like the fourth thread you’ve copy pasted this same shit get fucking rekt dickhead

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169915)



Reply

Date: October 22nd, 2020 11:40 PM
Author: Exhilarant costumed legal warrant personal credit line

I wrote it. It's a much more complicated and nuanced issue than it got portrayed in the debate.

Biden's right that there's no video of him saying he'll ban fracking. He had to run to get Obama elected in 2012. His position has always been that you want to transition away.

That's the same position the industry has taken, however disingenuously.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169930)



Reply

Date: October 22nd, 2020 11:48 PM
Author: startled bateful nibblets den

No it's not really that nuanced. To anyone that has followed democratic politics over the last 20+ years it's clear they've wanted to destroy the fossil fuel industry. Of course CEOs are going to hedge bets and placate, it's in their best interest. Do you really think that Exxon, Chevron, Conoco, all the mid-majors, the mid-stream transport and pipeline companies, plus all the service companies that collectively employ millions and create $100s of billions of revenue and GDP (and have invested $100s of billion in infrastructure) are just going to throw it all away? Come on, man! At least use 60 of your 80 IQ points to think this through.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169978)



Reply

Date: October 22nd, 2020 11:54 PM
Author: Exhilarant costumed legal warrant personal credit line

Well Exxon is pretty clearly going with "fuck that" but the others are looking toward a world where oil is not the most valuable energy commodity. Total and BP both expect oil demand to max out around 2030. It will still be a huge part of the economy on the current trajectory, but a declining part. And if there is some big breakthrough with gas or renewables then it'll be even faster. You'll still always need oil for the gajillion petroleum products we use. But you're not going to run your economy on it.

https://www.worldoil.com/news/2020/9/29/total-joins-bp-in-projecting-an-oil-demand-peak-around-2030

The trend for major projects being funded are definitely more renewables/natural gas.

Of course the independents and service companies aren't on board. What use is an oil pipeline in a windfarm? A billion dollar E&P company can't afford to place bets on renewables. Who needs a roughneck when the solar panels require and EE degree.

The Oil Age is coming to a close, at least in my kids' lifetime. It will have been a good 200 year run, but it won't last forever.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170023)



Reply

Date: October 22nd, 2020 11:59 PM
Author: startled bateful nibblets den

I don't disagree that the oil majors are looking at other avenues for growth and revenue exploitation, but to imply that somehow these companies are forsaking oil in the short-mid or even long term is laughable and disingenuous as best.



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170053)



Reply

Date: October 23rd, 2020 9:57 AM
Author: Exhilarant costumed legal warrant personal credit line

Yeah, that's one of the points I always make when people want to ban oil. Simply not feasible and global demand is going to increase for at least the next decade.

But under Obama there was a lot of regulatory rule making around emissions that made the industry upset, but it got implemented and the majors were able to adapt. Even when Trump rolled back these regulations a lot of companies decided to just follow them anyway since they'll be back under a Democratic administration.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41171370)



Reply

Date: October 23rd, 2020 7:35 AM
Author: Fighting sex offender

I view it as analogous to data center transitioning to cloud. Massive incumbency investments will slow down the process, but even the companies who are the most reliant on the on premise revenue are insistent that they will be a part of the transition to a cloud dominant model, even though their progress to this point is at best questionable and at worst pure window dressing. Still it’s an inevitable change and a policy intervention to accelerate it would hurt the incumbents but their only choice in that policy environment would be to engage and try to win new IP fights and regulatory battles to carve out their space in the next generation. Because of all their existing relationships with all stakeholders (not just suppliers/supply chain or customers but also the policy makers and linked products and markets) they are unlikely to disappear completely but the smartest among them will embrace and outmaneuver their peers during this transition phase.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41171009)



Reply

Date: October 23rd, 2020 9:55 AM
Author: Exhilarant costumed legal warrant personal credit line

Yeah, agree. Incumbents are rarely the innovators. That being said, a lot of renewables operate very similar to oil and gas. Wind farm leases are very similar to oil and gas leases, for example.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41171355)



Reply

Date: October 23rd, 2020 12:03 AM
Author: balding market sneaky criminal

international oil companies are subject to carbon taxes and different regulatory regimes than US independents, none of whom are “committed to ending the oil industry”

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170075)



Reply

Date: October 23rd, 2020 12:05 AM
Author: duck-like center

Hey moron, supermajors aren’t the Oil Industry in texas anymore. Or America. They were all relatively better off BEFORE fracking. They’ve bought in recently-ish but the major players are all independents. Supermajors were great at foreign drilling and offshore - both of which aren’t hot assets now. The supermajors are moving towards renewables because they realize their edge isn’t in fracking.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170088)



Reply

Date: October 23rd, 2020 9:59 AM
Author: Exhilarant costumed legal warrant personal credit line

Major independents such as Anadarko, Noble, and Concho? And mid-size companies like Devon and WPX?

Offshore is actually one investment bright spot right now (relatively speaking).

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41171381)



Reply

Date: October 22nd, 2020 11:40 PM
Author: peach deep space

texas is 73c on predictit

jesus libs are delusional

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169929)



Reply

Date: October 22nd, 2020 11:41 PM
Author: Exhilarant costumed legal warrant personal credit line

Because they think Texas is going for Trump?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169933)



Reply

Date: October 22nd, 2020 11:42 PM
Author: fragrant spot

"It probably wasn't going blue anyway"

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169940)



Reply

Date: October 22nd, 2020 11:45 PM
Author: Exhilarant costumed legal warrant personal credit line

Correct.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169963)



Reply

Date: October 22nd, 2020 11:58 PM
Author: fragrant spot

Lol, delusional!

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170049)



Reply

Date: October 23rd, 2020 3:30 PM
Author: Exhilarant costumed legal warrant personal credit line

I don't understand.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173812)



Reply

Date: October 22nd, 2020 11:44 PM
Author: peach deep space

lmao you're one of the blown out holds on this trade aren't you?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169955)



Reply

Date: October 22nd, 2020 11:44 PM
Author: violent prole

Texas is ONLY lean Republican. Delusional Libs!

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41169958)



Reply

Date: October 23rd, 2020 12:01 AM
Author: Chrome business firm dog poop

*"Dallas" theme tune plays*

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170065)



Reply

Date: October 23rd, 2020 2:25 AM
Author: Out-of-control Ivory Gunner



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170764)



Reply

Date: October 23rd, 2020 7:07 AM
Author: beady-eyed cobalt weed whacker karate



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170982)



Reply

Date: October 23rd, 2020 10:06 AM
Author: laughsome anal home clown



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41171420)



Reply

Date: October 23rd, 2020 2:17 AM
Author: Buck-toothed adventurous rehab community account

it went blue for beta o'dork why wouldnt it for jose biden

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170728)



Reply

Date: October 23rd, 2020 5:29 AM
Author: comical aggressive multi-billionaire nursing home

lol

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170942)



Reply

Date: October 23rd, 2020 3:46 AM
Author: arrogant idiotic station

ITT: Trumpmos cheering that debate will win them Texas (btw 70% have voted there already) while Trump basically said fuck seniors. Let’s see how he does in Florida.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170862)



Reply

Date: October 23rd, 2020 3:51 AM
Author: Gaped Swashbuckling Native Police Squad

cope more

debate locked down NC/AZ/FL for trump. TX/GA was a pipe dream anyway for libs and was never in play

it all comes down to MN/MI/PA/WI. and trump only needs one while biden needs to win all 4

lmao @ libs

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170872)



Reply

Date: October 23rd, 2020 7:21 AM
Author: Fighting sex offender

The trumpmo overconfidence about Arizona is bizarre. Even if you buy the entire trafalgar theory about hidden votes it’s way less relevant and impactful there, and Trafalgar’s own October polling puts it neck and neck with 4+% undecided. Not to mention that Trump spent his entire presidency shitting all over their most visible/leading GOP figures. Best case scenario for Trump in AZ is a coin flip right now.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170991)



Reply

Date: October 23rd, 2020 3:16 PM
Author: Gaped Swashbuckling Native Police Squad

cope more

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173680)



Reply

Date: October 23rd, 2020 3:26 PM
Author: Fighting sex offender

LOL I'm supposed to cope with you being delusional? Nah I'd rather just point out to you that you're retarded and everyone with a triple digit IQ can see that easily.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173767)



Reply

Date: October 23rd, 2020 3:30 PM
Author: Gaped Swashbuckling Native Police Squad

me: BS in EECS 3.85 GPA, MS EECS 4.0, STEM bro designing circuits in FINFET

u:?

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173808)



Reply

Date: October 23rd, 2020 3:33 PM
Author: Fighting sex offender

Me: not an autistic faggot

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173839)



Reply

Date: October 23rd, 2020 3:35 PM
Author: Gaped Swashbuckling Native Police Squad

oh wow we have a real life chill well adjusted CHAD here deigning to waste time with us autists

get over yourself. u are a mentally ill autist like all of us who megapoast here. and since u support libs probably a soy boy cuck on top of that



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173851)



Reply

Date: October 23rd, 2020 5:33 AM
Author: Big-titted Son Of Senegal Preventive Strike

🤔

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41170943)



Reply

Date: October 23rd, 2020 3:34 PM
Author: Exciting principal's office pisswyrm

Just think of how bad texas will feel after the end of Biden's second term.

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#41173846)



Reply

Date: November 4th, 2026 11:31 AM
Author: ,.,.,.,.,,.,..,:,,:,,.,:,.,,.,:.,,.:.,:.,:.::,.


lol fag

(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#50230958)



Reply

Date: November 4th, 2026 11:53 AM
Author: Idris "Thoughts & Tariffs" Elba



(http://www.autoadmit.com/thread.php?thread_id=4659334&forum_id=2#50231068)