The U.S. is about to be the world’s top crude oil producer

JohnLarue · Mar 15, 2018

Frankfooter said:
Once again, Aramco is the biggest oil company in the world, with the most capital.

And once again they are going to market turning the company from govt owned to publicly owned, proving your theory wrong
Aramco would not be the worlds biggest company without with the US oil Industries capital & expertise.
I question your assertion about having the most capital as the Saudi govt has been siphoning off the cash after spending like oil was always going to be above $100 / barrel.
That should be clue # 1 why government control is a stupid plan

These are simple yet true facts which you just ignore.
You ignore what proves you stupid and you ignore such facts all the time. So how will you ever learn anything?

What you really should do is take a look at Chinese innovation vs US innovation over the last couple of decades and really tell us that you think only Americans can come up with tech.

You will have to be more specific about the Chinese innovations they did not rip off from someone else, mainly the US

The cloths you wear, the car you drive , your PC & the Internet you use to whine & bitch against capitalism are all US innovations.
The transistor, nuclear power, washing machines 1/2 of the medicines, mass production, modern plastics, modern agriculture the light bulb, cell phones, fiber optics..........etc
Nobody is as truly innovative as the US & that innovation was driven by two things:
1. The pursuit of profit
2. The US oil industry ability to power that pursuit

Had the US oil industry been government controlled many items on that long list of innovations that you take for granted would not have happened.

You would be wearing rags, riding a horse working 12 hours a day just to feed yourself

And yes, its part of that Trump 'make america white again', mentality that claims that nobody else in the planet can innovate or invest.

Dropping Trumps name does not change history or support your absurd theory the US oil Industry should have been government controlled.

Again when faced with hard cold facts you turn to irrelevant union hall slogans or point to some irrelevant wrong which you feel should be righted

You have the mind of a child

For the fourth time: Read "The Prize" by Daniel Yurgin as you have embarrassed your self enough.

Frankfooter · Mar 16, 2018

JohnLarue said:
And once again they are going to market turning the company from govt owned to publicly owned, proving your theory wrong
Aramco would not be the worlds biggest company without with the US oil Industries capital & expertise.
I question your assertion about having the most capital as the Saudi govt has been siphoning off the cash after spending like oil was always going to be above $100 / barrel.
That should be clue # 1 why government control is a stupid plan

Saudi Arabia is prepping for a post oil economy, they have capital they just aren't putting it in oil.

1. The pursuit of profit
2. The US oil industry ability to power that pursuit

The only advantage the US has really has is with the size of its army and its ability to invade or destroy competing petro states.
That's not innovation, that's just violent competition.

And if you're going to push an author, you could at least spell his name correctly.
Its Yergin.

JohnLarue · Mar 16, 2018

Frankfooter said:
Saudi Arabia is prepping for a post oil economy, they have capital they just aren't putting it in oil.

Click to expand...

Wrong again

Try this in goggle
Saudi Arabia financial troubles

The only advantage the US has really has is with the size of its army and its ability to invade or destroy competing petro states.
That's not innovation, that's just violent competition.

Click to expand...

Well it does not sound like you trust the US government very much, yet you think they should be the ones managing the US oil industry.

You really do not tie your thoughts together do you?

And if you're going to push an author, you could at least spell his name correctly.
Its Yergin.

Click to expand...

Yeah its Yergin. So what? Spell check does some funny things will less common names
Being a door nob spelling Nazi does not make up for your intellectual failings .

Frankfooter · Mar 16, 2018

JohnLarue said:
[

Wrong again

Try this in goggle
Saudi Arabia financial troubles

Try this:
https://www.washingtonpost.com/busi...151f5ca6168_story.html?utm_term=.bcfe2e58247a

Well it does not sound like you trust the US government very much, yet you think they should be the ones managing the US oil industry.

I don't care what the US does with their oil, but if you want to talk about Alberta wasting resources....

Yeah its Yergin. So what? Spell check does some funny things will less common names
Being a door nob spelling Nazi does not make up for your intellectual failings .

I know how to spell his name because I actually know who he is and what he's written.
Which is why I'd rather point out how little you appear to know about him.

JohnLarue · Mar 17, 2018

Frankfooter said:
I don't care what the US does with their oil, but if you want to talk about Alberta wasting resources....

Really ?
That is an about face.
Throughout this thread you have insisted the US should have government control over their oil

Frankfooter said:
No, other people would have drilled and developed it. Just as they have done in other countries.
The US just wasted their opportunities and gave all that cash to international corps, instead of using it for the country's good like Norway.

Then you express how morally corrupt the same US government is

Frankfooter said:
The only advantage the US has really has is with the size of its army and its ability to invade or destroy competing petro states.
That's not innovation, that's just violent competition.

The truth of the matter is you do not understand what you are talking about at all.

You have however fulfilled your pathological need to complain , whine and bitch
That is not a very solid contribution to society
Typical of the loonie left

I know how to spell his name because I actually know who he is and what he's written.
Which is why I'd rather point out how little you appear to know about him.

I read his book, moron
If you had you would not have been so foolish as to claim the US oil industry should have been govt controlled

Frankfooter the fool

Frankfooter · Mar 17, 2018

JohnLarue said:
Really ?
That is an about face.
Throughout this thread you have insisted the US should have government control over their oil

When did I say that?
Your honesty is at stake here, you've been caught lying.

JohnLarue · Mar 17, 2018

Frankfooter said:
When did I say that?
Your honesty is at stake here, you've been caught lying.

You are too much
You are a bullshit spewing propaganda machine promoting a lunatic left wing agenda
You will say anything to promote your commie dream & have no regard for the truth of the matter.
You just like Donald Trump have zero integrity

& you have the nerve to accuse me of lying

Your quotes in this thread clearly show your preference for a state owned US oil industry.

Frankfooter said:
Interesting to compare US resource use with Norway.
This Country Has Set Aside Almost $200,000 for Each of Its 5 Million Citizens
http://time.com/money/4949545/norway...es-1-trillion/

Frankfooter said:
Sure, why don't you compare how much the US has spent/saved from oil revenues vs Norway and tell us which was the better system.
I'm sure you'll come up with an unbiased take on why the US's method is much better then Norway, which now has $200,000 per citizen tucked away in a fund for the state.

Frankfooter said:
Would you like to do a comparison on infrastructure, health and social investments and debt as a comparison?
Do you really think the US would come out better?

(unless you're arguing that the US is doing better for having the biggest and most expensive army ever, you're going to lose that argument too)

Frankfooter said:
Norway used their resources intelligently and for the better of the country, they are in a way better position, despite their smaller size, then the US now.
You're stuck in the past.

Frankfooter said:
No, other people would have drilled and developed it. Just as they have done in other countries.
The US just wasted their opportunities and gave all that cash to international corps, instead of using it for the country's good like Norway.

Then you express how morally corrupt the same US government is

Frankfooter said:
The only advantage the US has really has is with the size of its army and its ability to invade or destroy competing petro states.
That's not innovation, that's just violent competition.

Once again Frankfooter has been proven the fool

Frankfooter · Mar 17, 2018

JohnLarue said:
You are too much
You are a bullshit spewing propaganda machine promoting a lunatic left wing agenda

Thanks, Larue, for proving you are a lying bullshitter.
You claimed that:

If you had you would not have been so foolish as to claim the US oil industry should have been govt controlled

Nowhere in those quotes comparing the stupid US policy with smarter energy policy did I insist or even say that the US should have put gov't control on their oil resources or industry.

All I did was compare bad policy with good policy.
Shame on you, you lying bullshitter.

JohnLarue · Mar 18, 2018

Frankfooter said:
Thanks, Larue, for proving you are a lying bullshitter.
You claimed that:

Nowhere in those quotes comparing the stupid US policy with smarter energy policy did I insist or even say that the US should have put gov't control on their oil resources or industry.

All I did was compare bad policy with good policy.
Shame on you, you lying bullshitter.

Read your quote again

Norway used their resources intelligently and for the better of the country, they are in a way better position, despite their smaller size, then the US now.

The obvious conclusion is exactly as I stated

a dozen + posts by you promoting state run oil companies here in this thread and several thousand posts in this forum by you promoting bigger government, expropriation & wealth redistribution & "Eat the Rich"
& you expect anyone to believe you now when you denie your position is not "the US should have put gov't control on their oil resources or industry"

The only one you are fooling is yourself

Frankfooter · Mar 18, 2018

JohnLarue said:
Read your quote again

The obvious conclusion is exactly as I stated

a dozen + posts by you promoting state run oil companies here in this thread and several thousand posts in this forum by you promoting bigger government, expropriation & wealth redistribution & "Eat the Rich"
& you expect anyone to believe you now when you denie your position is not "the US should have put gov't control on their oil resources or industry"

The only one you are fooling is yourself

You're still lying about what I said.
In that example I compare two countries and their approaches while you claimed that I insisted that the US nationalize their oil.

Throughout this thread you have insisted the US should have government control over their oil

You've been caught lying.
Do the decent thing and apologize stop lying.
Don't keep digging your hole deeper.

JohnLarue · Mar 18, 2018

Frankfooter said:
You're still lying about what I said.
In that example I compare two countries and their approaches while you claimed that I insisted that the US nationalize their oil.

You've been caught lying.
Do the decent thing and apologize stop lying.
Don't keep digging your hole deeper.

Apologize to a propaganda spewing commie lying machine who would say anything to promote his agenda?
Not bloody likely

a dozen + posts by you promoting state run oil companies here in this thread and several thousand posts in this forum by you promoting bigger government, expropriation & wealth redistribution & "Eat the Rich"
& you expect anyone to believe you now when you denie your position is not "the US should have put gov't control on their oil resources or industry"

You made your position quite clear & when confronted with facts about the benefits of non government controlled oil, you repeatedly promoted the success of govt controlled oil in Noway over &over again

So were you lying then or are you lying now?

Frankfooter · Mar 18, 2018

JohnLarue said:
Apologize to a propaganda spewing commie lying machine who would say anything to promote his agenda?
Not bloody likely

Yes, apologize.
You claimed I said:

Throughout this thread you have insisted the US should have government control over their oil

I never said that.
You should admit you're wrong and apologize.
That would be the decent thing to do.

JohnLarue · Mar 18, 2018

Frankfooter said:
Yes, apologize.
You claimed I said:

Click to expand...

You made your position quite clear & when confronted with facts about the benefits of non government controlled oil, you repeatedly promoted the success of govt controlled oil in Noway over &over again

So were you lying then or lying now

I never said that.
You should admit you're wrong and apologize.
That would be the decent thing to do.

Click to expand...

The decent thing to do ??????
You have put in years trying to deceive people with your commie lies
You make a claim on other peoples wealth
& you say " Eat the rich"

You do not know what the decent thing is

Frankfooter · Mar 18, 2018

JohnLarue said:
You made your position quite clear

My position is clear, what's also clear is that you lied about what I said in this thread.
Your claim:

Throughout this thread you have insisted the US should have government control over their oil

You lied, I never said that.
As you know, since you know there is no quote.
Just apologize for lying.

Try being honest.

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The U.S. is about to be the world’s top crude oil producer

JohnLarue

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