Tear Em Asunder

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Joined: 10/21/2014 Posts: 9576
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In response to the nonsense BB posted yesterday, 698 drilling rigs in

operation which is the highest total since the tRump pandemic slump of 251 rigs in July 2020; as stated by Biden to be partially responsible to the pandemic.

However the recent high point of rig activity in the past decade occurred in 2015 with over 1600 rigs operating during in the Obama-Biden administration. Under tRump drilling (cut by over half to 805 last week December of 2019), production, and refining declined well before the pandemic and before devastating hurricanes in the coast that destroyed much of gulf’s refining capacity.

Rig counts fell off a cliff under tRump! The nation's damaged refining capacity like infrastructure were neglected. Efficiency like LED lights, mass transit, water conservation and renewables became 4 letter words. Remain so with tRump complaining 2 weeks ago he has to flush records 10 times down the toilet.

You can’t snap your fingers or hold an auction and cut petroleum prices.

[Post edited by aggieram76 at 05/13/2022 09:04AM]

Link: Rigs a year prior to the pandemic.

Posted: 05/13/2022 at 08:39AM


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