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No future? Texas oil industry faces challenging times
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- čas přidán 2. 06. 2021
- The #US #oil industry has just been through one of its toughest years ever. Following a trade war with #Russia and "SaudiArabia, the sector was hit hard by the #Covid-19 pandemic. In #Texas - America's top oil-producing state - the industry is slowly getting back on its feet just as a new challenge looms: the Biden administration's shift to green energy. Our correspondents went to the Permian Basin in West Texas to see what the future looks like for the US oil industry.
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Did anybody notice she is driving a big SUV????
Keep driving that ‘21 GMC Yukon XL to the field to check emissions - the industry appreciates your support. We’ll look the other way considering your emissions.
She’s probably running on e85 ethanol
thanks for that one, my hope for humanity is reassured, no I'm not being facetious, I was thinking the exact same thing.
It's electric, and no fossil fuel is needed. 😳🤭😅🤣😂
Electric or not this guys business is oil
True, but its a sweet ride though!
Are you really worried about emissions? Maybe don't drive a Full Sized SUV to a site to check them. We don't believe you ma'am.
“Do away with my industry” oh no! *finds out 20 seconds later they have been receiving government subsidies the whole time*
Biden is begging Saudi Arabia to increase oil production currently
They are driving some very nice and LARGE SUV’s
Have to to get out to the sites-stop and put on your thinking cap
The issue here is it looks like the royalites paymens are going to the incorrect people And not the people who actually own the minimal rights
Times change dude, lots of people been poor nowadays, you been wealthy from doing nothing but harvesting a liquid out of the ground. I would like to see France and Britain go out of the business.
There the ones pushing it toward that if you really get the business as they mad deals with Saudi and such but under the crown and not the jurisdiction of nations. Especially if under but texas isn't under, so they just keep it under wraps and delude premises.
Maybe it is kinda scary that Russia and saudi Arabia can completely destroy your business. Sounds like you have a oil price dependency issue
Know the business before jumping in eh?
Environmental activist arrives with a GMC Yukon...
I seen that haha
Environnement Activist driving a dam huge SUV… 🙄
So she should walk to the place in the middle of no where? Or should she totally abandon her activism?
@@malik250988 Just don't be hypocrite.
I know, tough for leftists...
Exactly , these people take us for idiots
She’s protesting the release of methane which is far more harmful than emissions from vehicle exhaust.
@@Feelthefx keep your opinion for yourself lefty. The planet is an oil and gas world.
no future ?for oil ?.. even Mars project needs that
The oil field is not going anywhere
@@bg5561742 have you seen the world price?
Investing in crypto is the best way to earn financial freedom.
Without doubt crypto is so money making.
This is the kind of information that we don’t get from most youtubers..
I could invest in Crypto but always got confused by it’s volatility in nature.
@@markthomas7482 that won't bother you if you trade with a professional like Mr Jay Frank.
Count me in, I’m placing my trades with Expert Jay Frank ASAP.
We definitely still need oil for Patrick chemicals like plastics. Yeah, we can do is diversify away for fuels
Texan oil covers 40% of U.S. Oil
^Notes for school
100% of companies are in the oil and gas industry
And why did they switched the records to Steven and they have been trying to coverify up they keep switching the records and are breaking there contracts
This video did not age well!! :)
American FRACKING WILL SAVE America and the World!
Open Oil Pipelines from Canada to USA. You Tube.
I don't have a landline telaphone currently and calls get cut off at where Iive at in missouri and something wit secton 33 and the school or something but in like 1999 the governor of missouri approved it to be outside the jurisdiction of the school as direct result of its a final plat that indicates directly that the records were traced back all of the way to china was saying they have records that goes back over 5 thoilusand years ti the very first records in China and it looks like to me that the police violated supream Cort cases rulings directly by taking off that I won supream Cort cases the supream Cort justice told me that they were soposto never put back on that there could be powere of attention over me as direct resualt of that is what they did before when they true this same thing a couple Times and they try ed to revoked my citizenship and they said they were not soposto take that off
By there not being capability for coRt to have jurisdiction
There has to be jurisdiction so if I file a Cort case the judge has to rule what I want as there would have to be juristiction over the outher party
Hahaha that lady needs to get a life
There's going to come the day when the oil runs out. I'm wondering what are we going to do then?
Powerlines on both sides of the road @ 3:31 is another waste of money. Happens way too often.
Check records for paul nance
Hope the oil industry goes bankrupt.
this is what people wish us, on the contrary, big oil wants you to have money so you can afford anything you want and live with high standards. Thankfully the birth rate among oil and gas haters is one of the lowest i've seen.
@@karedacompany3782 what are your references for the drivel you’ve spewed upon us? High standards of living for the destroyed wildlife & their habitats or for the shareholders of BP & Shell? I’m also glad Boomers are dying off at the same rate as, if not faster than, Sandy Hook kids.
I said it, I meant it: I hope all petrol companies go into administration.
@@jamesisabeastieboysfan you hope, now let's see the reality
@@karedacompany3782 that’s realer than “Real Deal” Holyfield.
I see clearly. You’re still drinking Jim Jones’ Kool-Aid.
@@karedacompany3782 cope
100 drills, there are 50 on our farm
We can't power our cars with sunshine or wind. We like being able get where we are going with cheap gas. Our economy runs on oil and we haven't figured out a good way to run it on anything else. I don't have kids do so I don't have to worry about a future that will be destroyed by climate change.
Boohoo! LOL!!
mcgraw paid for his 15 mins to complain
🤣🤣🤣
Thete should be trillions of
Of dollars in oil o own still that was soposto go back on my records when I was like 30 or 35 or something and I'm 35 and the issues is going to come up if there are issues with the royalites paymens not getting paid to correct people than that is going to cost money and the workers may not get paid witch is could be not a good thing
And I'm not opposed to more wells and but there are ifits or something making the desisons and doing everything possible to make things harder than they need to be and not oprating as efficient as they could
Mia got with lucas and it looks like me they might of switched the records or something and they nevergabe me the records they were soposto I have a recording of a colt Thompson saying that he took some cody down to the storage place and picked up records and it looks to me like the nabors across the street or something needed a phone line or something back about 20 years ago and so let them use the phone line as there were limited numbet of lines check in to if a cleak or something for some blind judge in Raytown or something switched the records and or if a judge forgot to log out of a computerus and the records got switched and or if instead of sending the records over they destroyed the records
So did I make a mistake buy buying a big gas guzzler this year ???!
Wasn't it down to Covid?
Witch is why I'm wanting to work together to get this all straightened out
FACTS U NEED TO KNOW
It said he bought the oil field but the question is did who he bought it from accully have the rights to sell it or are they lawyers that knowingly witholding need to know inforation and broke the laws themselves to sell off minimal rights they did not own
The sooner it collapses, the better.
Please enlighten me on how? Just 27% of oil and gas is being used in transportation. Others are used pretty much everything you use in your life including the same computer/phone you are using to bit.......ch about oil and gas.
Haha 😂 The oil field is not going anywhere
@@abhayasharma Please enlighten me, can't all of those things be done without oil and gas?
@@bg5561742 No, but the demand for oil will.
@@coolbreeze2.0-mortemadfasc13 your crazy there is more of a demand then ever it’s not going anywhere
Big Oil FEARS Hemp HAHAHAAAA No GMO
These oil producers have known damn well for 40 years or more that we should be moving to renewable sources, and that an end would come to the time of oil. Such idiots, invest your money in solar.
Your premise about moving to renewable energy is great but the problem isn’t oil producers. If the world needs a cheap energy source to continue to function who’s fault is that? The users or suppliers? What alternatives do we have in a free market?
@@vich3388 40 years ago we saw this coming, Republicans stopped any progress or even acknowledgement on moving away from fossil fuels to renewable. Oops!
@@unifiedvision999 we live in a free market / are you telling me Tesla needed a political party to rise up? Are you saying innovation for 40 years was stopped because of a political agenda?
@@vich3388 'We live in a free market' is a lie.
If we lived in a truly free market the banks would not have been bailed out in 2008.
Tesla was backed by government money, again hardly free market.
@@Ian_Carolan another straw man argument - bailouts and regulations don’t negate a free market - Tesla got a bailout like the banks aftermath of 09 financial crisis - Tesla wasn’t created by the gov, it was made in a free market.
Witch would indicate directly that the oil companies may be liable for drilling and extracting minral rights that they do not have any leagel right to
Why wouldn't he just invest in cleaner more earth friendly energy sources? These people need to face reality, and stop blaming the government for their bad choices. And plastic is horrible for people and the environment, so I hope it does go away.
It’s not going anywhere haha
Hey Mayor, is anyone pumping new oil or gas back into the hole in the ground? Only fools build their entire way of life on a single industry particularly one that relies on oil
Well what is the answer to replace crude? it’s literally in everything you touch in a daily basis.
There is no answer