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President Biden: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Jan 20, 2021.

  1. Neutral Corner

    Neutral Corner Well-Known Member

    That's why we can't just up our production and laugh at OPEC. If it's drill, babied here it still goes into the global market. It's not like we could just make up the difference and let the rest of the world deal with a price increase.
     
    Smallpotatoes likes this.
  2. The Big Ragu

    The Big Ragu Moderator Staff Member

    200 million barrels a day?

    All of the OPEC producers combined do about 30 million barrels a day.
     
    2muchcoffeeman likes this.
  3. Neutral Corner

    Neutral Corner Well-Known Member

    So what's the cut, two million? Ok, that. Point remains the same.
     
  4. garrow

    garrow Well-Known Member

    Campaign ad voiceover: Herschel Walker has had multiple concussions, a history of violence towards women and paid for at least one abortion....vote Herschel Walker this Nov. 8.
     
    DanielSimpsonDay likes this.
  5. doctorquant

    doctorquant Well-Known Member

    Two hundred twenty million, two hundred twenty one ... whatever it takes.
     
    BTExpress likes this.
  6. dixiehack

    dixiehack Well-Known Member

    MBS we were never in Aisle 7. Honest!
     
    doctorquant likes this.
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    They don't call it a cartel for nuthin!

    Seriously, their cartel power is somewhat limited. For one thing, they only produce about 40 percent of the world's oil. The U.S. alone produces enough oil to have almost as much impact on global prices as they do. In terms of this cut, a lot of their members were already not hitting their quotas, so it's not going to be 2 million barrels coming off the market, it's actually going to be less than a million barrels a day. And if they cut and they get to where they all are hitting their quotas, there will be incentive for their members to cheat, which is where cartels run into trouble.
     
  8. Driftwood

    Driftwood Well-Known Member

  9. DanOregon

    DanOregon Well-Known Member

    Hey man, that LIV Tour cash has to come from somewhere.
     
    Webster, HanSenSE and dixiehack like this.
  10. garrow

    garrow Well-Known Member

  11. Smallpotatoes

    Smallpotatoes Well-Known Member

    What sort of relevant experience does Dan Bongino have to run the FBI?

     
  12. tapintoamerica

    tapintoamerica Well-Known Member

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