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21
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by catfish1957 on Today at 12:28:56 am »
Quote from: banddag on Today at 12:26:08 am
I never said or quoted Exxons demise.  I said the other day they are making record profit. 

The fact is the oil companies burned through a billion dollars of cash reserves under Trump and they were under extreme pressure from Wall Street  to increase their profits and cash reserves

WTF?  in a previous point you made it an issue that they were delisted from the DOW, allowing CVX.


Remember this?

"The Dow threated to delist Exxon because they had burned through their cash reserves and their financials were bringing down the Dow. This is not the only reason they was delisted but it was a factor. Wall Street demanded oil co's make more profits

Exxon has since been removed from the Dow in 2020"

You have no idea what you are talking about.
22
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by banddag on Today at 12:26:08 am »
Quote from: catfish1957 on Today at 12:15:56 am
I have proven you wrong so many times in the last week, I'm getting sick of it.   (1) you touted the demise of XOM, and I showed you they have completed changed fortunes. XOM has over $200B more Market Cap than CVX since DOW realignment.  (2) Gave you a 101 lesson of supply/demand of intergrated oil and the price of oil is not always a barometer of industry health.  (3) Apparently you realize or think individual oil companies give tons of money in campaign cash, when actually these are dispersed through trade groups like API.  I used to have to register as a lobbyist in the day, and the rules are configured to take the politics out of the individual board, as much as possible.  (At least in the oil)

I never said or quoted Exxons demise.  I said the other day they are making record profit. 

The fact is the oil companies burned through a trillion dollars of cash reserves under Trump and they were under extreme pressure from Wall Street  to increase their profits and cash reserves
23
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by catfish1957 on Today at 12:25:12 am »
Quote from: banddag on Today at 12:13:14 am
Gas prices at the pump started  cratering in mid 2018 and into winter 2018/2019 and went even lower in 2019. Two years before the pandemic

https://www.usatoday.com/story/money/cars/2018/12/10/gas-prices/2268738002/

Baloney- quarterly data from your benchmark point

Jun 1- 2018- $69.80 /bbl
Sep 1 2018-  $65.32/bbl
Dec 1 2018- $45.41/bbl
Mar 1- 2019- $60.14/bbl
Jun 1 2019- $58.47/bbl
Sep 1  2019- $68.80/bbl
Dec 1 2019-  $55.17/bbl
Apr 1 2020- $ 18.84/bbl

With subesquent recovery throughout the Pandemic in the $30's/bbl

24
Trump Legal Investigations / Re: Live Thread: Trump's hush money trial begins in NYC
« Last post by corbe on Today at 12:17:09 am »
25
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by catfish1957 on Today at 12:15:56 am »
Quote from: banddag on Today at 12:04:24 am

Prove  the articles wrong.

You refuse to believe anything different than your own narrative and anything that goes against your narrative is either fake or liberal misinformation.
I remember on FR 90% of the people scoffed  and could not believe there is record oil and gas production under Biden even though someone posted an article from the Texas Oil and Gas Producers saying so and they still did not believe it.

You are so partisan that you have made yourself misinformed

I have proven you wrong so many times in the last week, I'm getting sick of it.   (1) you touted the demise of XOM, and I showed you they have completed changed fortunes. XOM has over $200B more Market Cap than CVX since DOW realignment.  (2) Gave you a 101 lesson of supply/demand of intergrated oil and the price of oil is not always a barometer of industry health.  (3) Apparently you realize or think individual oil companies give tons of money in campaign cash, when actually these are dispersed through trade groups like API.  I used to have to register as a lobbyist in the day, and the rules are configured to take the politics out of the individual board, as much as possible.  (At least in the oil industry)
26
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by banddag on Today at 12:13:14 am »
Quote from: catfish1957 on May 09, 2024, 11:58:16 pm
Bean Dog  doesn't realize that those events took place during the Pandemic. So I wish he would become more knowledgeable before continously spewing false bullshit on this forum.

So before spewing idiotic things, at least become knowledgeable, and up to date on the facts.

Gas prices at the pump started  cratering in mid 2018 and into winter 2018/2019 and went even lower in 2019. Two years before the pandemic

https://www.usatoday.com/story/money/cars/2018/12/10/gas-prices/2268738002/
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Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by catfish1957 on Today at 12:08:45 am »
Quote from: banddag on May 09, 2024, 11:58:09 pm

Prove the multiple articles I posted wrong.  The fact is Trump opened up the oil spicket too much and oil co's suffered


Geez...

Opening the spigot helps the nation, even though myself as a stock holder I don't  mind the short term pain.  Big oil survived $10/bbl oil in the early 1980's, and if you asked CVX and XOM's management, they'd love $30-40/bbl, if it meant an ability to expand markets and production.   
28
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by mountaineer on Today at 12:05:47 am »
I don't have to prove anything. That's on the one making the allegations. This so-called news article is nothing but hearsay and unsubstantiated sources.
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Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by banddag on Today at 12:04:24 am »
Quote from: mountaineer on May 09, 2024, 11:56:07 pm
According to someone who once pumped his own gasoline and spoke to someone else who claimed to know ...


Prove  the articles wrong.

You refuse to believe anything different than your own narrative and anything that goes against your narrative is either fake or liberal misinformation.
I remember on FR 90% of the people scoffed  and could not believe there is record oil and gas production under Biden even though someone posted an article from the Texas Oil and Gas Producers saying so and they still did not believe it.

You are so partisan that you have made yourself misinformed
30
Elections 2024 / Re: Trump asks Big Oil for $1B in campaign cash
« Last post by catfish1957 on Today at 12:04:00 am »
Quote from: banddag on May 09, 2024, 11:35:32 pm
Opening up the market too much is just as bad as limiting it. There is that fine line.

https://www.cnbc.com/2018/11/23/trumps-quest-to-drive-down-oil-prices-turns-the-screw-on-american-drillers.html


Exxon Mobil earned $225 billion in profits 8 years under Obama.  $32 billion under 4 year with Trump.

https://www.forbes.com/sites/rrapier/2024/02/18/why-exxonmobil-earned-more-under-biden-than-under-trump/?sh=14a7c32d1eaf
:silly: :silly: :silly: :silly: :silly:


Before persisting with the silly.....   realize that oil prices cratered, (to acutal zero one day) during the Pandemic due to demand  DJT had absolutley nothing to do with that crash....   Except the point that he sponsored and supported policies opening the spigot to Max. 

Stop embarassing yourself.
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