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

...
Trip Pea-brained Legend Space
  10/22/20
sincere question - is oil a big industry in texas at this po...
Olive Diverse Affirmative Action Corner
  10/22/20
Already put Joe to bed, Jill? That was fast.
Trip Pea-brained Legend Space
  10/22/20
yes. still the single biggest industry though tech will over...
Obsidian tank dilemma
  10/22/20
direct extraction is 14% of state GDP, not including associa...
180 theater stage messiness
  10/22/20
Uh, no, not at all. More like the horse buggy industry in Pe...
spectacular fishy half-breed institution
  10/22/20
yes, yes it is
Bateful free-loading death wish really tough guy
  10/23/20
Nope - that was the stake through the heart
Sapphire low-t lay
  10/22/20
And for what? What did he gain by saying that?
Trip Pea-brained Legend Space
  10/22/20
California
fragrant yellow stock car electric furnace
  10/22/20
Was California not voting for Biden overwhelmingly?
spectacular fishy half-breed institution
  10/22/20
WHOOSH
Rose Marvelous Faggotry Indian Lodge
  10/22/20
...
Bateful free-loading death wish really tough guy
  10/23/20
Zero. He’s retarded
Sapphire low-t lay
  10/22/20
It probably wasn't going blue anyway, but Biden's plan to tr...
Rose Marvelous Faggotry Indian Lodge
  10/22/20
sup neera tanden
richard clock
  10/22/20
Maybe if you spam your Share Blue talking points enough, you...
sable crotch hunting ground
  10/22/20
I'm in the oil business.
Rose Marvelous Faggotry Indian Lodge
  10/22/20
This is like the fourth thread you’ve copy pasted this...
milky glittery spot
  10/22/20
I wrote it. It's a much more complicated and nuanced issue ...
Rose Marvelous Faggotry Indian Lodge
  10/22/20
No it's not really that nuanced. To anyone that has followed...
spectacular fishy half-breed institution
  10/22/20
Well Exxon is pretty clearly going with "fuck that"...
Rose Marvelous Faggotry Indian Lodge
  10/22/20
I don't disagree that the oil majors are looking at other av...
spectacular fishy half-breed institution
  10/22/20
Yeah, that's one of the points I always make when people wan...
Rose Marvelous Faggotry Indian Lodge
  10/23/20
I view it as analogous to data center transitioning to cloud...
Brass dopamine national
  10/23/20
Yeah, agree. Incumbents are rarely the innovators. That be...
Rose Marvelous Faggotry Indian Lodge
  10/23/20
international oil companies are subject to carbon taxes and ...
Ivory Aphrodisiac Laser Beams Nursing Home
  10/23/20
Hey moron, supermajors aren’t the Oil Industry in texa...
Disgusting arrogant principal's office
  10/23/20
Major independents such as Anadarko, Noble, and Concho? And...
Rose Marvelous Faggotry Indian Lodge
  10/23/20
texas is 73c on predictit jesus libs are delusional
shivering racy ticket booth
  10/22/20
Because they think Texas is going for Trump?
Rose Marvelous Faggotry Indian Lodge
  10/22/20
"It probably wasn't going blue anyway"
emerald athletic conference
  10/22/20
Correct.
Rose Marvelous Faggotry Indian Lodge
  10/22/20
Lol, delusional!
emerald athletic conference
  10/22/20
I don't understand.
Rose Marvelous Faggotry Indian Lodge
  10/23/20
lmao you're one of the blown out holds on this trade aren't ...
shivering racy ticket booth
  10/22/20
Texas is ONLY lean Republican. Delusional Libs!
Swollen Legal Warrant
  10/22/20
*"Dallas" theme tune plays*
big sound barrier whorehouse
  10/23/20
...
Angry hairy legs parlour
  10/23/20
...
dashing confused knife
  10/23/20
...
Alcoholic Center Queen Of The Night
  10/23/20
it went blue for beta o'dork why wouldnt it for jose biden
charismatic filthy police squad mad-dog skullcap
  10/23/20
lol
Bateful free-loading death wish really tough guy
  10/23/20
ITT: Trumpmos cheering that debate will win them Texas (btw ...
mewling thirsty field kitty
  10/23/20
cope more debate locked down NC/AZ/FL for trump. TX/GA wa...
Obsidian tank dilemma
  10/23/20
The trumpmo overconfidence about Arizona is bizarre. Even i...
Brass dopamine national
  10/23/20
cope more
Obsidian tank dilemma
  10/23/20
LOL I'm supposed to cope with you being delusional? Nah I'd...
Brass dopamine national
  10/23/20
me: BS in EECS 3.85 GPA, MS EECS 4.0, STEM bro designing cir...
Obsidian tank dilemma
  10/23/20
Me: not an autistic faggot
Brass dopamine national
  10/23/20
oh wow we have a real life chill well adjusted CHAD here dei...
Obsidian tank dilemma
  10/23/20
🤔
Blathering Menage
  10/23/20
Just think of how bad texas will feel after the end of Biden...
lake cumskin
  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: Trip Pea-brained Legend Space



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



Reply

Date: October 22nd, 2020 11:26 PM
Author: Olive Diverse Affirmative Action Corner

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: Trip Pea-brained Legend Space

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: Obsidian tank dilemma

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: 180 theater stage messiness

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: spectacular fishy half-breed institution

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: Bateful free-loading death wish really tough guy

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: Sapphire low-t lay

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: Trip Pea-brained Legend Space

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: fragrant yellow stock car electric furnace

California

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



Reply

Date: October 22nd, 2020 11:40 PM
Author: spectacular fishy half-breed institution

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: Rose Marvelous Faggotry Indian Lodge

WHOOSH

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



Reply

Date: October 23rd, 2020 5:29 AM
Author: Bateful free-loading death wish really tough guy



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



Reply

Date: October 22nd, 2020 11:34 PM
Author: Sapphire low-t lay

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: Rose Marvelous Faggotry Indian Lodge

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: sable crotch hunting ground

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: Rose Marvelous Faggotry Indian Lodge

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: milky glittery spot

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: Rose Marvelous Faggotry Indian Lodge

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: spectacular fishy half-breed institution

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: Rose Marvelous Faggotry Indian Lodge

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: spectacular fishy half-breed institution

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: Rose Marvelous Faggotry Indian Lodge

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: Brass dopamine national

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: Rose Marvelous Faggotry Indian Lodge

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: Ivory Aphrodisiac Laser Beams Nursing Home

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: Disgusting arrogant principal's office

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: Rose Marvelous Faggotry Indian Lodge

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: shivering racy ticket booth

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: Rose Marvelous Faggotry Indian Lodge

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: emerald athletic conference

"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: Rose Marvelous Faggotry Indian Lodge

Correct.

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



Reply

Date: October 22nd, 2020 11:58 PM
Author: emerald athletic conference

Lol, delusional!

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



Reply

Date: October 23rd, 2020 3:30 PM
Author: Rose Marvelous Faggotry Indian Lodge

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: shivering racy ticket booth

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: Swollen Legal Warrant

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: big sound barrier whorehouse

*"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: Angry hairy legs parlour



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



Reply

Date: October 23rd, 2020 7:07 AM
Author: dashing confused knife



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



Reply

Date: October 23rd, 2020 10:06 AM
Author: Alcoholic Center Queen Of The Night



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



Reply

Date: October 23rd, 2020 2:17 AM
Author: charismatic filthy police squad mad-dog skullcap

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: Bateful free-loading death wish really tough guy

lol

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



Reply

Date: October 23rd, 2020 3:46 AM
Author: mewling thirsty field kitty

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: Obsidian tank dilemma

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: Brass dopamine national

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: Obsidian tank dilemma

cope more

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



Reply

Date: October 23rd, 2020 3:26 PM
Author: Brass dopamine national

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: Obsidian tank dilemma

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: Brass dopamine national

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: Obsidian tank dilemma

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: Blathering Menage

🤔

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



Reply

Date: October 23rd, 2020 3:34 PM
Author: lake cumskin

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)