more supply chain issues....energy

granddi · ‎03-16-2010

Interesting conversation with someone in the oil and gas industry. His company is holding many leases ready to drill but they cannot get PIPE anywhere. There is none to be had. This is just crazy.

ValuSkr · ‎03-15-2014

Where is pipe coming from? China? Or is it made-in-America?

Foxxee · ‎10-03-2014

Well...all of this could have been prevented.

Kachina624 · ‎03-10-2010

Since the US has chosen to EXPORT oil drilled here, what difference does it make? I'll be darned if I understand why we can't drill, refine and use our own oil. Does anyone know?

New Mexico☀️Land Of Enchantment

granddi · ‎03-16-2010

@ValuSkr wrote:
Where is pipe coming from? China? Or is it made-in-America?

I asked. Not US made.

Sooner · ‎03-10-2010

@Kachina624 wrote:
Since the US has chosen to EXPORT oil drilled here, what difference does it make? I'll be darned if I understand why we can't drill, refine and use our own oil. Does anyone know?

@Kachina624 Yes I know. Regulations and international dealings mess with the supply chain and pricing; regulations like the one that shut down the big pipeline keep us from getting supplies; rigs sitting idle in Oklahoma because of "dealings" with regulations, and on and on.

It is too risky to be in the business for little guys, you can't depend on being able to make a living.

SilleeMee · ‎05-22-2016

Just like everyone else. No one is exclusive when it comes to supply troubles. Take a number....get in line...next.

Sooner · ‎03-10-2010

I will add that if you look historically sometimes for periods of years the environment in the US is more favorable for the industry and sometimes it isn't.

If it were like this for agriculture, we'd be seeing empty shelves all the time at the grocery stores. My worry is fuel and food supplies both.

geezerette · ‎03-16-2010

The oil and gas industry is a difficult and complicated one. It's not necessarily just a case of "good guy vs. bad guys". And all oil is not created equal.

The industry actually doesn't like oil to get priced as high as it is. Oil that is, not gasoline. Because behind the high is always a crash. You can't turn it on with a switch, but you can turn it off that quickly.

As @Sooner has said, it's always been a volatile industry.

granddi · ‎03-16-2010

@Kachina624 wrote:
Since the US has chosen to EXPORT oil drilled here, what difference does it make? I'll be darned if I understand why we can't drill, refine and use our own oil. Does anyone know?

That's why I asked. You gotta have supplies and workers to drill. I'm a West Texas Gal. We were driving I 20 Pecos, Midland, Odessa etc and the yards were emply. The "yard" is where pipe and other drilling stuff is stored until needed.

My friend is mainly involved in obtaining (oil/gas) leases off government land. They have no obstacles to getting the leases but cannot get the equipment needed to drill.

States have the option of reducing/eliminating STATE TAXES on fuel. I think EPA has changed/relaxed requirement for "summer blend" additives in gasoline. I'm told summer blend is more expensive.