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May 23, 2022
3:42
:54
pm
Taccoug
All-American
That would suggest collusion among all the companies. Right now is a good time
for them to get more rigs into production while it is cost effective.
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Taccoug
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Gibbcoug
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JamieTartt
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Taccoug
Joined
Aug 14, 2016
Last login
Sep 28, 2022
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Messages
Author
Time
5th largest US (13th overall) refinery producing 500k daily barrels went down
Zak
5/23/22 3:13pm
Link?
CommodoreCoug
5/23/22 3:19pm
I can't find one. I doubt OP is correct.
JuicyJam
5/23/22 3:50pm
Biden mole?
TNT
5/23/22 3:19pm
Get rid of policies that restrict refineries already.
kotacoug
5/23/22 3:19pm
Board logo checks out
RH84025
5/23/22 3:25pm
It’s alright; it’s a transition: take one for the planet
2FarGone
5/23/22 3:26pm
Meh. Get back to me when it’s at least in the top 3
pink22
5/23/22 3:26pm
I don't understand the incentive for Oil Companies to increase production, can't
Windward_Coug
5/23/22 3:31pm
The incentive is that now it's more cost effective to explore alternative fuel sources.
Turnpike Lane
5/23/22 3:33pm
That would suggest collusion among all the companies. Right now is a good time
Taccoug
5/23/22 3:42pm
Isn't that why OPEC exists... so they don't compete with each other?
Millhouse
5/23/22 3:56pm
Plenty of countries are not part of OPEC but they can control some pricing
Taccoug
5/23/22 4:10pm
Yeah that doesn't work legally. They are trying to refine as much as they can.
JuicyJam
5/23/22 3:51pm
This is exactly why game theory exists
WDaddy
5/23/22 4:00pm
That’s why you collude to not produce more. And then secretly do it anyways
DiamondMo
5/23/22 4:10pm
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