SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (13737)5/19/2022 1:58:33 PM
From: TigerPaw  Read Replies (2) | Respond to of 26823
 
Greater supply of oil comes from drilling,

No, greater supply of oil comes from letting the existing huge reserves that have already been drilled come to market. This means Venezuela, Libya, Iran, Angola and the other massive resevoirs which have been shutdown in the past decades. Offshore drilling, fracking, and tar sands or nowhere near as affordable as these conventional oil fields. They are only shutdown because the drillers want them shutdown.



To: Rarebird who wrote (13737)5/19/2022 3:48:50 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 26823
 
The oil companies do not want to drill...

They figured it out

see it ?